The UK population is ageing. Between 2010 and 2051, the proportion of people aged 65 and over is projected to increase from 17 to 24 per cent, while the proportion aged 85 and over is projected to increase from 2 to 7 per cent.
In 1981, men aged 65 could expect on average to live a further 14.0 years and women aged 65 a further 18.0 years. By 2051, life expectancy for men aged 65 is projected to be 25.9 years; for women aged 65 it is projected to be 28.3 years.
In 2010, there were 3.2 people of working age for each person of State Pension Age and over in the UK. This ‘old age support ratio’ is projected to fall to 2.9 by 2051. Without the increases in State Pension Age that are taking place under current legislation, it would drop further – to 2.0 – by 2051.
Source: Office for National Statistics
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