By Daniel Hunter
A report released by the Institute for Fiscal Studies has revealed that more women in the UK are working past the age of 60 because of the raising of the state pension age.
The study found that 27,000 more women have continued to work past the age of 60 since the pension rules were changed nearly three years ago.
Since April 2010, the state pension age for women has been progressively increased, and it currently stands at 61 years and five months.
"Increasing the age at which women can first receive their state pension has led to significant numbers of women deferring their retirement," said Jonathan Cribb of the IFS.
"Over half of of women aged 60 are now in paid work for the first time ever."
In April 2010, the state pension age for women was increased from 60 to 61. The study looked at those women who just missed out on claiming a pension as a result of that change.
It found that employment rates within the 60 year-old age group increased by 7.3%, resulting in 27,000 more women continuing to work.
"Despite the weak performance of the economy over these two years, many have been able to limit the loss of state pension income through increased earnings," said Jonathan Cribb.
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