Under current legislation the Age Pension qualifying age increases by 6 months every 2 years commencing 1 July 2017 until it reaches age 67 on 1 July 2023. The Government proposes to continue this rate of increase as per the following table until the qualifying age reaches age 70 on 1 July 2035.

Proposed Increase to Age Pension Age
Date Date of birth Age Pension Age
01/07/2017 01/07/1952 to 31/12/1953 65 years and 6 months
01/07/2019 01/01/1954 to 30/06/1955 66 years
01/07/2021 01/07/1955 to 31/12/1956 66 years and 6 months
01/07/2023 01/01/1957 to 30/06/1958 67 years
01/07/2025 01/07/1958 to 31/12/1959 67 years and 6 months
01/07/2027 01/01/1960 to 30/06/1961 68 years
01/07/2029 01/07/1961 to 31/12/1962 68 years and 6 months
01/07/2031 01/01/1963 to 30/06/1964 69 years
01/07/2033 01/07/1964 to 31/12/1965 69 years and 6 months
01/07/2035 On or after 01/01/1966 70 years

If you were born before 1 July 1958, you will not be affected by this announcement.