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Changes to state pension age

Changes to state pension age

State pension age

There was a number of important changes to the qualifying age for State pensions. The qualifying age will rise to 67 in 2021 and 68 in 2028.

So:

  • If you were born on or after 1 January 1955 the minimum qualifying State pension age will be 67.
  • If you were born on or after 1 January 1961 the minimum qualifying State pension age will be 68.r

Therefore if your retirement age at your employment is 65 then you may have to budget for 2 years without the state pension being paid

Any queries give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie

 

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