| Age group | 2012 (base) | 2017 | 2022 | 2027 | 2032 | 2037 |
|---|---|---|---|---|---|---|
| All dependents | 59 | 58 | 57 | 62 | 66 | 66 |
| Children under 16 | 27 | 27 | 27 | 28 | 28 | 28 |
| Pensionable ages | 31 | 31 | 30 | 34 | 38 | 38 |
| Old age support ratio (working age / pensionable age) | 3.18 | 3.25 | 3.32 | 2.96 | 2.62 | 2.61 |
Footnotes
1) Children under 16, working age and pensionable age populations based on state pension age (SPA) for a given year. Between 2012 and 2018, SPA will change from 65 years for men and 61 years for women, to 65 years for both sexes. Then between 2019 and 2020, SPA will change from 65 years to 66 years for both men and women. Between 2034 and 2046, SPA will increase in two stages from 66 years to 68 years for both sexes. This is based on SPA under the 2011 Pensions Act.
2) Dependency ratios can be defined in different ways, but here are defined as the number of children aged under 16 and the number of people of state pension age per 100 people of working age. These ratios should be interpreted with care.