Germany and Denmark recently decided to raise to 67 the minimum age when one is allowed to benefit from the public pension system.
Germany and Denmark recently decided to raise to 67 the minimum age when one is allowed to benefit from the public pension system, but they will apply this measure progressively between 2012 and 2029, in the German case, between 2024 and 2027, in Denmark. The United Kingdom, meanwhile, provides for gradually increasing the statutory retirement age between 2024 and 2026, reaching age 68.
Most states have a statutory minimum age of around 65, although some countries like France, Sweden and Lithuania allow retirement from 60 or 61.
Current legal retirement age in the EU member states along with reforms of pension systems that have been adopted: - Germany: The retirement age will rise from the current limit of 65 to 67, a process that will start gradually between 2012 and 2029.
- Austria: The minimum retirement age has increased from 61.5 years for men to 65 years and for females from 56.5 to 60, although the latter will continue to increase gradually to reach 65 between 2024 and 2033.
- Bulgaria: There is a points system that allows retirement after 63 years in the case of men, provided they have accumulated 100 points (given in terms of years of work), and 60 and 94 points for women.
- Denmark: In 2006 decided to increase the statutory retirement age from age 65 to 67 between 2024 and 2027, and established that the retirement age will be indexed according to the average life expectancy of persons 60 years of 2025.
- Slovakia: Since 2014, increasing to 62 the minimum retirement age for all groups of population from the current minimum of 60 years for men and 57 for women.
- Slovenia: The legal age is 61 years for women and 63 for men, at 53 and set 58 years before, although those women who began working before age 18 may retire from age 55.
- Estonia: The current statutory retirement age is 63 years for men and 61 for women, but the minimum for both sexes are treated in since 2016.
- Finland: retirement is allowed from age 63.
- France: The legal age remains at 60, but the number of years of contribution required will rise from the current 40 years to 41 in 2012 and 41.50 in 2020.
- Hungary: This year has raised the retirement age to 62 years, five more than previously established.
- ITALY: Sets the male retirement age of 65 and in women at 60. However, it is possible to retire earlier if they meet 35 years of contributions.
- Malta: Retirement is possible from age 65 for all persons born after 1962, when previously was set at 60 for women and 61 for men.
- Poland: The retirement age is at 65 for men and 60 for women.
- UK: Currently the age is set at 65 for men and 60 for women, although the latter will rise to 65 between 2010 and 2020. There are also plans to increase the statutory retirement age for both sexes to 68 between 2024 and 2046.
- Romania: The minimum age will increase from 63 for men until age 65 in 2014, while for women it increased from 58 to 60.
- Sweden: Apply a system that allows flexible retirement from 61 years, with incentives such as increasing the annual pension of up to 60% for workers who postpone their retirement until 67.
- In Spain, Cyprus, Greece, Holland, Ireland, Luxembourg and Portugal, the legal retirement age is 65 years for all population groups, with some exceptions.