Retirement Age – Born in April 1954

born in april 1954If you were born in April 1954 and are able to claim a state pension in the UK then you may be finding it pretty tricky to work out your retirement age – or at least the age at which you can draw your state pension.

Lots of changes to the state pension age have been made in recent years and you are in a batch of people who have been affected quite a bit by the changes. Read More

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Retirement Age – Born in March 1954

Born in March 1954
What is my retirement age if I was born in March 1954?

If you were born in March 1954 you might be wondering what is your retirement age and by this we mean what age can you claim your State pension in the UK?

There have been (and continue to be) lots of changes to State pension ages in recent years and the retirement age for both men and women has increased beyond age 65 for people born after 1953.

At this point retirement ages (or dates) are equal for men and women having both been changed in recent times.

So if you are a man or a woman who was born in March 1954 then your retirement date is specified depending on which part of the month you were born in as follows:

If you were born between 1st and 5th March 1954 (inclusive) then your retirement date is set at 6th July 2019, i.e. at age 65 and 4 months.

If you were born between 6th and 31st March 1954 (inclusive) then your retirement date is set at 6th September 2019, i.e. at between age 65 and 5 months and 65 and 6 months.

You can see from this that there is a big gap of 2 months in their retirement date of people born on the 5th as opposed to the 6th of March. Pension ages continue to increase by 2 months for people born in 1954 and you can find more information about other retirement ages for those born in 1954 here.

You will receive a form to claim your State pension about 4 months before it is due. If you do not get anything then you can chase it up. You will need to actually fill in a form to claim your pension so don’t expect to get it automatically. Check out more details here.

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Retirement Age – Born in February 1954

Born in February 1954
What is my retirement age if I was born in February 1954?

Were you born in February 1954 and wondering what your retirement age is? By this we mean the age at which you can draw your State pension benefits in the UK.

There are major changes in retirement ages for people born in the 1950s in particular and the retirement age increases at quite a fast rate for those born around this time. For people born around this time, a specific date is given for retirement, rather than when they reach a specific age.

If you were born in February 1954, it doesn’t matter if you are a man or a woman, at this point both retirement ages are the same.

So there is a split in retirement dates depending on which part of the month you were born in as follows:

If you were born between 1st and 5th February 1954 (inclusive) then you can retire on 6 May 2019 (i.e. at age 65 years and 3 months)

If you were born between 6th and 28th February 1954 (inclusive) then you can retire on 6th July 2019 (i.e. at age 65 years and 4 or 5 months)

So there is a big difference between people born on the 5th February and people born on 6th February which means their retirement dates are 2 months apart.

You will usually be sent a form to claim your State pension about 4 months before it is due to be paid. If you do not receive anything then be sure to contact HMRC to make sure everything is in order to get your pension paid on time. You can find out more information on claiming your pension here.

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Retirement Age – Born in January 1954

Born in January 1954
What is my retirement age if I was born In January 1954?

If you are either a man or a woman who was born in January 1954 then working out your retirement date (i.e. the date that you can claim your UK State pension) can be a bit tricky.

Starting with those women who were born in 1953 there is a steep change in retirement ages which increase by 3 months and then 2 months for every month later that you were born.

For men, the retirement age has already risen to age 65 and from this point on it will increase.

This means that those those people who were born in January 1954 have a retirement date as follows:

For those born between (and including) 1st to 5th January 1954, you will have a retirement date of 6 March 2019, i.e. age 65 and 2 months.

For those people who were born between (and including) 6th to 31st January 1954, you will have a retirement date of 6th May 2019, i.e. age 65 and 3 or 4 months.

So there is a big difference even between 2 people that were born a day apart (5th or 6th January 1954).

Pension ages continue to increase over the years to 66 and then 67 and will also continue to increase further as years go by in order to keep the State pension affordable for the government.

You can check out how to find out the amount of State pension that you may be due here.

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Retirement Age – Women Born in December 1953

Women Born in December 1953

If you were born in 1953 then it can be very confusing to try and work out your retirement age – i.e. the age at which you are able to draw your State pension benefits in the UK.

Starting with those born in November 1953, the State retirement age was increased to 65 for women (but in fact only those who were actually born on 6th November 1953 have a retirement age of exactly 65). Then the retirement age starts increasing until it gets to 66 quite rapidly.

For those born in December 1953 there are two different retirement dates as follows:

For women who were born between 1st and 5th December 1953 (inclusive), their retirement date is 6th November 2018.

For women who were born between 6th and 31st December 1953 (inclusive), their retirement date is 6 March 2019. (This is also the retirement date for those women who were born between 1st and 5th January 1954 inclusive).

Therefore anyone who was born in December 1953 will be either 64 years and 11 months or 65 years and 2 or 3 months depending on when in the month they were born. The difference between a woman who was born on 5th December and a woman who was born on 6th December is a 4 month increase in their retirement date.

This is a really sharp increase over a matter of a couple of days and it is not surprising that a lot of people are confused about when they are able to draw their State pension.

Check out how you can find out how much State pension you are likely to receive and how to claim it here.

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Retirement Age – Women Born in November 1953

Woman born in November 1953If you were born in November 1953 then you are at the beginning of a tranche of women who are having their retirement age increased to 65 and 66. You are probably aware that there has been a lot of controversy about how quickly this increase in retirement ages was brought in and the steep increase in the retirement age for these women.

If you were born in November 1953 then there are two different retirement dates depending on what part of the month you were born in. Note that in this case it is a particular date and not when an age is reached.

If you are a woman who was born between 1st and 5th November (inclusive) then your retirement date will be 6th July 2018.

In stark contrast to this, even if you were born only a few days later, women born between 6th and 30th November 1953 (inclusive) will have a retirement date of 6th November 2018 and so will not be able to retire until 4 months later. This is also the same retirement date as people who were born between 1st and 5th December 1953.

This is the point at which the retirement age for women increases to age 65 but in fact the only women who will retire at age 65 are those people who were born on 6th November 1953, after this the retirement age steadily increases to age 66 and beyond.

There are a group of women who are trying to get compensation for people affected but this sudden change in retirement date, arguing that not enough notice was given. So far the government does not seem to have shifted position.

 

 

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