The age at which you're eligible for the state pension is set to increase again to age 68 between 2037 and 2039, although the revised timetable hasn't been confirmed. 1958 When the 1995 Pensions Act was passed, the pension age for women was fixed at 60. These are: Preservation age: This is the age when you can access your super provided you have also met a condition of release (such as retiring or turning 65). Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. There areongoing reviews of State pension ages and the review that reported back in March 2017 was the one that led to the increase in retirement age from 67 to 68 for those born after 1970. You may wait until as late as age 70 to claim your benefit, but then you must take it. For most people born in 1960, the retirement window starts in 2022, when they can begin taking Social Security benefits early, or as late as 2030, when benefits hit their peak. Full Retirement Age for Survivors Born In 1962 or Later: 67 The earliest a widow or widower can start receiving Social Security survivors benefits based on age is age 60. The investing information provided on this page is for educational purposes only. In 2022, you will turn 62, the minimum age to claim retirement benefits. The subject of retirement ages has become very complicated in recent years as the government sets out to equalise state pension ages between men and women. Email: Find Repeated Characters In A String Python, Articles W