China will raise retirement age gradually: Expert- China.org.cn All rights reserved. If you're 60 and up, there is less reason to worry any prospective changes would affect your benefits, Elsasser said. when did the retirement age change from 60 to 65 There is no official retirement age in New Zealand. For safetys sake, its the right thing to do," APA added. The first review must by completed by May 2017. 17-21, 23, American Association of University Professors, By: Jean Olivier Hairault, Thepthida Sopraseuth and Francois Langot, Journal of the European Economic Association, Vol. Check now Will the State Pension age change again? But in May of this year ALPA set a new course on the age 60 debate, voting by an overwhelming 80 percent margin to end the unions longstanding support of the age 60 mandatory retirement age for airline pilots. UK state pension age increases to 66 - and is set to rise further Social Security Here to Stay. On average, male college graduates retire at the age of 65.7, while high school graduates retire at the age of 62.8. 67. In the USA, Social Security changed their rules so that those born after 1960 were eligible at age 67. "Results so far indicate that an overwhelming majority of Americans have serious safety concerns about any increase in the retirement age and favor further study. A Division of NBCUniversal. This could include phasing retirement by working flexibly. 6401 Security Blvd. The State Pension age for men and women will now increase to 67 between 2026 and 2028. 66 and six months. "The Age 60 rule has been in place for 50 years, and has served safety and the public interest well," the letter said. The average of statutory retirement age in the 34 countries of the Organisation for Economic Co-operation and Development (OECD) in 2014 was: males 65 years and females 63.5 years, but the tendency all over the world is to increase the retirement age.
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when did the retirement age change from 60 to 65