| Abstract: | The 2006-based national population projections, carried out by the Office for National Statistics in consultation with the devolved administrations, show the population of the UK rising from 60.6 million in 2006, passing 65 million in 2016 and 70 million in 2028, to reach 71.1 million by 2031. In the longer-term, the projections suggest that the population will continue rising beyond 2031 for the full length of the projection period. The population will become older with the median age expected to rise from 39.0 years in 2006 to 41.8 years by 2031. Since the last projection round legislation has been passed to increase the state pension age from 65 to 66 for both sexes between 2024 and 2026. Despite this change, the number of people of working age for every person of state pensionable age will reduce from 3.32 in 2006 to 2.91 by 2031. The legislation includes further increases in the state pension age to 68 for both sexes by 2046. |
