Britain faces a demographic shift with pensioners expected to account for more than 25% of the adult population by 2075. According to an official review, the number of individuals aged 66 or older will rise by 55%, totaling 19.5 million. The proportion of adults above state pension age is projected to grow from 22% to 28%, with significant fiscal impacts. Current policies involve an increase in the state pension age to address these challenges, yet political resistance complicates potential reforms.
Britain's population is projected to undergo significant changes as pensioners will constitute over a quarter of the adult population by 2075, raising concerns over sustainability.
The number of people eligible for the state pension will increase by 55 percent over the next fifty years. This demographic shift brings fiscal strains and additional costs to the Treasury.
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