Changes to the Age Pension age
The qualifying age for the age pension is increasing
From 1 July 2017, the qualifying age for the age pension increased from 65 to 65.5 years. It will rise by 6 months every two years reaching 67 by 1 July 2023 for both men and women. The changes will be introduced four years after women’s qualifying age for the Age Pension has reached 65, under existing rules (in 2013).
The table below shows the gradual increase in women’s qualifying age for the Age Pension over the period leading up to 1 July 2013, and then the increase in qualifying age for both men and women from 1 July 2017.
You may also find the Commonwealth Superannuation Corporation’s 3rd Act Retirement programme of interest.
| Year born | Women eligible at age | Men eligible at age |
|---|---|---|
| Before 1/7/1935 | 60 | 65 |
| Between 1/7/1935 and 31/12/1936 | 60.5 | 65 |
| Between 1/1/1937 and 30/6/1938 | 61 | 65 |
| Between 1/7/1938 and 31/12/1939 | 61.5 | 65 |
| Between 1/1/1940 and 30/6/1941 | 62 | 65 |
| Between 1/7/1941 and 31/12/1942 | 62.5 | 65 |
| Between 1/1/1943 and 30/6/1944 | 63 | 65 |
| Between 1/7/1944 and 31/12/1945 | 63.5 | 65 |
| Between 1/1/1946 and 30/6/1947 | 64 | 65 |
| Between 1/7/1947 and 31/12/1948 | 64.5 | 65 |
| Between 1/1/1949 and 30/6/1952 | 65 | 65 |
| Between 1/7/1952 and 31/12/1953 | 65.5 | 65.5 |
| Between 1/1/1954 and 30/6/1955 | 66 | 66 |
| Between 1/7/1955 and 31/12/1956 | 66.5 | 66.5 |
| From 1/1/1957 | 67 | 67 |