Please note that with effect from 2012, and consequent upon amendments to the Social Security legislation, the Pensionable Age (i.e. the age at which an Insured Person becomes eligible for an Age Pension from the DSS) will increase incrementally by six (6) months every year – until the year 2021, when the Pensionable Age will be set at Age 65.
Pensionable Age Computation Chart
|Year ofBirth||Month of Birth(Month Range)||Retirement|
|1952||January – June||2012||60 1/2|
|July – December||2013||61|
|1953||January – June||2014||61 1/2|
|July – December||2015||62|
|1954||January – June||2016||62 1/2|
|July to December||2017||63|
|1955||January – June||2018||63 1/2|
|July – December||2019||64|
|1956||January – June||2020||64 1/2|
|July – December||2021||65|
(N.B. 1/2 year = 6 Months)
How to use the above chart
In order to determine the Pensionable Age for an Insured Person, first select his year of birth, then move across (in the same row) to select the Month Range during which he was born. The next two adjacent cells indicate, respectively, the year during which he will reach the Pensionable Age applicable to him and the said Pensionable Age.