Retirement Age for Women Born in 1965

Last updated on December 4th, 2015

State Pension Ages have undergone a lot of changes in recent years and that is likely to continue for the foreseeable future as we live longer and so the payment of state pensions for a longer period becomes unsustainable. Also as more people are working longer (and are willing and able to do so) this means many are deferring their retirement until later.

State pensions are funded on a pay as you go basis – in that the current working population pays for the pensions of the current pensioners. So in order to keep the balance of those working being able to fund those who are retired, pension age naturally needs to in crease as the number of retired people increases.

So, for women who were born in 1965, they are part of the new generation of retirees who will not be able to claim their state pension benefits until they are 67. And in fact there is the possibility that this may be even higher by the time they retire. There is constant monitoring of state pension ages, life expectancy and numbers of people in the workforce to ensure that the state pension is at a sustainable level for the nation.

If you were born in 1965, whether you are a woman or a man then currently you can claim your state pension at age 67. As the minimum age for claiming a personal pension is likely to be 10 years earlier than your state pension age then it is possible that this will increase from the current age of 55 to 57 by that time.