Press Release – The TreasuryThe scenarios presented are hypothetical analytical exercises designed to illustrate the mechanisms at play within the model rather than represent specific policy proposals. The Treasury has published two Analytical Notes, the latest in a series of background papers to support the Treasury’s 2025 Long-term Fiscal Statement. This Analytical Note focuses specifically on changing the age of eligibility from 65 years of age to higher ages. The scenarios presented are hypothetical analytical exercises designed to illustrate the mechanisms at play within the model rather than represent specific policy proposals. The papers are presented not as policy, but with a view to inform and stimulate wider debate.