What changes are being made to the State pension from January 1?

New changes in the State pension will allow people to remain in work longer and defer claiming their state pension. Stock Image. 

Irish people will now have the option to remain in work until they are 70 in exchange for a higher pension when they retire, according to new changes announced today.

Minister for Social Protection, Heather Humphreys, announced the new flexible pension arrangements for people turning 66 and applying for a state pension, which will be introduced from January 1 onwards.