Retirement Age – 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.