retirement age

(redirected from Retirement Ages)
Also found in: Financial.
Translations

retirement age

netà del pensionamento
References in periodicals archive ?
Parliament has passed a bill seeking to amend the Prisons Act by effecting an upwards review of the retirement ages of prisons officers.
Statutory retirement ages are in flux around the globe and public protests in Russia, the United Kingdom, France, Australia, Croatia, Iran, Belgium and elsewhere attest to the centrality of retirement programmes to societal well being and poverty reduction among the elderly.
Invoking 'biological differences,' the Court of Appeals (CA) has upheld the policy of Philippine Airlines (PAL) of having different compulsory retirement ages for its male and female flight attendants.
The House Committee on Civil Service and Professional Regulation has passed a measure seeking to lower the compulsory and optional retirement ages of public school teachers.
The UAE is comparable to many other countries in its retirement age for workers, according to a report that examines retirement ages and requirements from around the globe.
The brief examines how 70 became Social Security's new retirement age; whether 70 is the "right" age, based on "equivalency" to 65, the increasing dispersion in life expectancy by socioeconomic status and actual retirement patterns; what Social Security replacement rates workers will face at different retirement ages; how, due to the maturation of the delayed retirement credit, the "full retirement age" no longer describes the benefit structure; and how further increases in this benchmark simply reduce replacement rates for everyone.
The report reveals that those planning to work past state retirement age will work an extra six years, retiring at age 71 (men) and 66 (women), based on today's retirement ages.
PATIENCE PAYS Delaying Retirement Can Put More Money In Your Pocket Social Security Retirement Ages Normal Year of birth Retirement Age 1937 and prior 65 1938 65 and 2 months 1939 65 and 4 months 1940 65 and 6 months 1941 65 and 8 months 1942 65 and 10 months 1943-54 66 1955 66 and 2 months 1956 66 and 4 months 1957 66 and 6 months 1958 66 and 8 months 1959 66 and 10 months 1960 and later 67 Delayed Retirement Credit Year of birth Credit per year 1917-24 3.0% 1925-26 3.5% 1927-28 4.0% 1929-30 4.5% 1931-32 5.0% 1933-34 5.5% 1935-36 6.0% 1937-38 6.5% 1939-40 7.0% 1941-42 7.5% 1943 and later 8.0% Source: Social Security Administration
The annual Limit for defined benefits is $175,000 for retirement ages 62-65.
The pension deficit was measured three years ago and the airline has stated that it hopes to clear it by applying higher retirement ages, a slower accrual rate and by placing a hold on pension increases, Reuters reported.
The reason for this unity was to protest publicly a law that proposes to up the retirement ages of all performers in all categories working in state-subsidized companies.