A report going to Cabinet would see the pension age increase gradually, rising by three months a year from 2028.
The State Pensions Commission report recommends a seven year delay in raising the State pension.
The suggestion is for the state pension age to rise by three months a year from 2028.
It would hit 67 in 2031, under the proposals being considered by Cabinet this evening.
The State Pension Age would then increase to 68 by 2039.
The report is being brought by Social Protection Minister Heather Humphreys, who will ask colleagues to set up a Cabinet sub-committee which will report back in six months.
Pension Commission report also recommends providing pensions for long term carers.
The Government plans to legislate to align contract retirement ages with the State Pension age.
This would end the practice where people are being forced to retire from their job at 65, yet can't claim the State pension until a year later.