Increase the Age Pension qualifying age to 70 years - Budget 2014-15

The current qualification age for the Age Pension is 65 years, increasing to 67 years by 1 July 2023.

This measure is subject to the passage of legislation.

Description of the measure

The current qualification age for the Age Pension is 65 years, increasing to 67 years by 1 July 2023. This measure increases the qualifying age from 67 to 70 years. On 1 July 2025 the qualifying age will increase from 67 years by six months every two years until 1 July 2035 when the Age Pension qualifying age will reach 70.  

This change applies to people born after 30 June 1958 who claim Age Pension from 1 July 2025.

Questions and answers

Who will be affected by this measure?

The measure will affect people born after 30 June 1958 who claim Age Pension from
1 July 2025. 

Am I eligible for this measure?

This change will apply to all people born after 30 June 1958 who claim Age Pension from
1 July 2025.

When will this measure start and finish?

This measure will start on 1 July 2025 and finish on 1 July 2035.

Page last updated: 27 August 2017