The retirement age will rise from 61 to 64, and the right to work age will rise from 67 to 69.
Listen to hear our explanation of what's happening.
Pensioners weigh in on how much budget will affect them2:04 min 2:04 min
Budget benefits pensioners and families with children2:55 min 2:55 min
Foreign-born workers set for lower pensions1:43 min 1:43 min