John Cridland has been appointed to independently review the state pension age and will report his conclusions by May next year.
The former director-general of the Confederation of British Industry (CBI) will be responsible for gathering evidence on the state pension age as part of requirements under the 2014 Pensions Act.
He will consider a range of evidence and analysis on whether the universal state pension age rising in line with life expectancy is optimal in the long run.
This includes looking at the longer-term aspects of the state pension including changes in life expectancy, wider changes in society and to help ensure it remains sustainable for generations to come.
He will eventually report to the secretary of state for work and pensions to allow the government to consider his recommendations by May 2017. His report will exclude the existing state pension age timetable to April 2028.
Cridland previously helped to negotiate the UK’s first national minimum wage, spent ten years on the Low Pay Commission and he was also a member of the council of Advisory, Conciliation and Arbitration Service (ACAS).
Pensions minister Ros Altmann said: “John Cridland has made an impressive contribution to both government policy and business throughout his career and is well placed to report on this issue.
“I am confident that he will produce a thorough, carefully considered, wide-ranging review of this issue which affects the lives of millions of people.”
Cridland said: “I look forward to meeting many stakeholders, hearing the views of experts and the experience of organisations working in this area to help shape the review.”
CBI director of employment, skills and public services Neil Carberry said: “Business has supported both automatic enrolment and plans to increase the state pension age over time. It’s right to look at how we deliver an increased state pension age effectively and fairly.
“At the same time, the critical role of businesses in providing pensions over and above the state minimum needs to be supported. We would urge the Chancellor to retain the current tax relief framework in the Budget later this month.”