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But a life expectancy calculator needs to be handled carefully, warns pension expert Ros Altmann.
"You start off in the hole," Steven Sass, a pension expert at Boston College, says.
Pension expert Tom McPhail at Hargreaves Lansdown said there are likely to be gains and losses.
John Ralfe, an independent pension expert, warned it will take some time to deal with the pension issue.
"We expect a surge in activity ahead of November's Spending Review," said the firm's pension expert Tom McPhail.
"There is some merit to them," said Norman Stein, a law professor and pension expert at the University of Alabama.
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But pension experts warned that pensioner incomes will start falling within the next decade, even with the triple lock.
Pension experts have warned that any changes would cut pensioners' incomes.
Pension experts are divided on this.
The proposal was welcomed by business leaders and pension experts.
Pension experts say the changes have caused confusion among providers.
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CEO of Professional Science Editing for Scientists @ prosciediting.com