Retirement in Europe

{{short description|none}}

{{use dmy dates|date=July 2024}}

Retirement age differs in European countries and is a matter of debate across Europe because of an aging population.

Retirement age by country

{{main|Retirement age}}

class="wikitable sortable"

|+Retirement age in Europe

style="background:silver"

!Country

!width="55"|Men

!width="55"|Women

!Year

!class="unsortable"|Notes

!class="unsortable"|References

Albania

|65

|61

|2020

|

|Інформація про поточний пенсійний вік у різних країнах, Консультаційна компанія "Стратегія Лайф" [http://strategy-life.com.ua/articles_detailed.php?id=32].

Austria

|65

|60

|2018

|In Austria the retirement age for women is to be equalized to the retirement age for men (65) by 2033.{{cite web|url=http://www.etk.fi/fi/service/retirement_ages/1601/retirement_ages|title=Etk.fi - Avain asiantuntijan työeläketietoon|publisher=etk.fi|access-date=23 July 2016}}

|2009 Ageing Report: Economic and budgetary projections for the EU-27 Member States (2008–2060). Joint Report prepared by the European Commission (DG ECFIN) and the Economic Policy Committee (AWG), [http://ec.europa.eu/economy_finance/publications/publication14992_en.pdf], p. 78.

Belarus

|62.5

|57.5

|2021

|By 2022, the age will be 63 for men and 58 for women.{{Cite web|url=http://www.belta.by/infographica/view/pensionnyj-vozrast-v-belarusi-2908/|title = Пенсионный возраст в Беларуси | Новости Беларуси|БелТА|date = 11 April 2016}}

|[http://parl.sejm.gov.pl/WydBAS.nsf/0/D8FD27CD446CB5DDC12573E800318FA1/$file/infos_027.pdf Kłos B., Wiek emerytalny kobiet i mężczyzn, "infos", 7.02.2008] {{webarchive|url=https://web.archive.org/web/20100331010713/http://parl.sejm.gov.pl/WydBAS.nsf/0/D8FD27CD446CB5DDC12573E800318FA1/$file/infos_027.pdf |date=2010-03-31 }}

Belgium

|66

|66

|2025

|In Belgium the retirement age is to be increased gradually to 67 years by 2030.

|{{cite web | url=https://www.sfpd.fgov.be/nl/pensioenleeftijd/wanneer | title=SFPD }}

Bosnia and Herzegovina

|65

|65

|2024

|

|

Bulgaria

|64 (and 7 months)

|62 (and 2 months)

|2024

|In Bulgaria the retirement age for women is to be equalized to the retirement age for men (65) by 2037.

|

Croatia

|65

|63 (and 6 months)

|2024

|In Croatia the retirement age for women is to be equalized to the retirement age for men (65) by 2030.

|

Cyprus

|65

|65

|2018

|

|

Czech Republic

|63 (and 4 months)

|58 (and 8 months) – 62 (and 8 months)

|2018

|In the Czech Republic, in the year 2015, men had the retirement age of 62 years and 10 months and women had it between 58 and 62, depending on number of children.{{Cite web|url=http://www.etk.fi/en/the-pension-system-2/the-pension-system/international-comparison/retirement-ages/|title=Retirement Ages}}{{cite web | url=http://www.cssz.cz/en/pension-insurance/old-age-pension.htm | title=Old-age Pension | publisher=Czech social security administration |archive-url=https://web.archive.org/web/20120302111331/http://www.cssz.cz/en/pension-insurance/old-age-pension.htm | archive-date=2012-03-02}} In Czech Republic, the retirement age is in the process of being increased, and therefore depends on year of birth (for individuals born after 1977 it may exceed even 67. e.g. a person born in year 1995 must be at least 70 years old.[https://portal.gov.cz/app/zakony/download?idBiblio=43085&nr=155~2F1995~20Sb.&ft=txt Part 3 of paragraph 32 of Czech law 155/1995]) For women the retirement age depends on the number of raised children as well.[http://www.cssz.cz/en/pension-insurance/old-age-pension.htm Czech Social Security Administration: Old-age Pension] For people born in 1975, the retirement age will be the same (66y8m) regardless of sex and number of children raised; and this age will reach 67 for people born in 1977.

|

Denmark

|67

|67

|2022

| In Denmark, the retirement age will be increased gradually to reach 67 years by 2022. From 2030 onwards, it will be increased a maximum of one year every five years depending on increases in average lifespan.{{cite web|url=https://english.pfa.dk/news-archive/2015/06/18/08/14/1/|title=Adjust your savings to match your retirement expectations|publisher=english.pfa.dk|access-date=23 July 2016}}{{cite web|url=http://www.thelocal.dk/20141013/denmark-has-worlds-best-pension-system-study|title=Denmark has world's best pension system - The Local|date=13 October 2014 |publisher=thelocal.dk|access-date=23 July 2016}} See also: Pensions in Denmark.

|

Estonia

|63 (and 9 months)

|63 (and 9 months)

|2019

|In Estonia the retirement age is to be increased gradually to 65 years by 2026.{{cite web|url=http://www.pensionikeskus.ee/?id=696|title=Pensionikeskus|work=pensionikeskus.ee|access-date=2017-04-09|archive-date=2018-12-25|archive-url=https://web.archive.org/web/20181225141622/https://www.pensionikeskus.ee/?id=696|url-status=dead}} After 2026 it will be linked to the average life expectancy.

|

Finland

|65

|65

|2008

|

|

France

|62 to 67

|62 to 67

|2022

|Depends on the duration of contribution (minimum 43 years)

|

Germany

|65 (and 7 months)

|65 (and 7 months)

|2015

|In Germany the retirement age is to be increased gradually and reach 67 years by 2029. See also: Pensions in Germany.

|

Greece

|67

|67

|2015

|

|

Hungary

|65

|65

|2022

|Women with 40 years of insurance can retire at any age.

|

Iceland

|67

|67

|2018

|

|

Ireland

|66

|66

|2024

|In Ireland there is no general mandatory retirement age although some jobs, such as jobs in law enforcement or firefighting, may be subject to a statutory retirement age. Employers may define their own retirement age but the state pension is not available to those younger than 66. The longer an individual postpones withdrawing the pension, the greater the weekly state pension payment, up to age 70. {{cite web |title=Retirement age |url=https://www.citizensinformation.ie/en/social-welfare/older-and-retired-people/payment-for-people-retired-at-65/ |website=Citizens Information |access-date=15 January 2025 |language=en}}

Italy

|67

|67

|2019

|Must have paid contributions for at least 20 years.

Those who have paid contributions for at least 38 years can retire at 64.[https://www.inps.it/prestazioni-servizi/pensione-anticipata-con-64-anni-di-eta-e-38-anni-di-contribuzione Pensione anticipata con 64 anni di età e 38 anni di contribuzione]

Those who have paid contributions for at least 41 years and 10 months (women) or 42 years and 10 months (men) can retire regardless of age.

|{{cite web|url=http://www.inps.it/portale/default.aspx?itemdir=5742 | title=Età pensionabile}}

Latvia

|65

|65

|2025

|

|

Liechtenstein

|65

|65

|2018

|

|

Lithuania

|64 (and 6 months)

|64

|2023

|In Lithuania, the retirement age will be 65 for both men and women by 2026.

|{{cite news | title = Old age pension age table | publisher = Sodra | url = https://www.sodra.lt/lt/senatves-pensijos-amziaus-lentele | access-date = 24 April 2020}}

Luxembourg

|65

|65

|2018

|

|

Malta

|62

|62

|2015

|In Malta the retirement age is to be increased gradually to 65 years by 2027.

|

Moldova

|63

|59

|2020

|Retirement age for women is increasing every 6 months until it reaches 63 years in 2028.

|

Montenegro

|66

|64

|2022

|

|

Netherlands

|67

|67

|2025

|The state pension for all elderly is being increased gradually and in 2028 the state pension age will be raised again, to 67 years and 3 months. For men and women born after January 1, 1999 the expected retirement age is 70 years old.{{Cite web|url=https://business.gov.nl/regulation/pension/|title=Old Age Pension (AOW)|access-date=15 January 2015|language=en}} After 2022 it is linked to the average life expectancy.

|{{Cite news|url=https://www.businessinsider.nl/op-1-januari-2018-gaat-pensioenleeftijd-naar-68-jaar-wat-betekent-dat-voor-jou/|title=Op 1 januari 2018 gaat de pensioenleeftijd naar 68 jaar: wat betekent dat voor jou?|date=2017-10-30|work=Business Insider|access-date=2018-05-19|language=en-US}}

North Macedonia

|64

|62

|2011

|

|

Norway

|67

|67

|2018

|See also: Pensions in Norway

The general retirement age is currently set to age 67, however, given sufficient pension contributions it is possible to retire as early as at age 62. The longer an individual postpones withdrawing a pension, the greater the government pension provision becomes.

Poland

|65

|60

|2016

|

|

Portugal

|66 (and 4 months)

|66 (and 4 months)

|2018

|

|{{cite web|url=http://www.publico.pt/economia/noticia/idade-da-reforma-passa-para-os-66-anos-em-2014-1609251|title=Idade da reforma passa para os 66 anos em 2014|author=Raquel Martins|work=PÚBLICO|date=15 October 2013 }}

Romania

|65

|61

|2019

|The age for women is being increased gradually. It will reach 63 by 2030.{{Cite web|url=http://www.cjpensiiarad.ro/pensii6.php|title = Casa Judeteana de Pensii Arad}}

|{{cite web|url=http://www.cjpensiiarad.ro/pensii6.php|title=Casa Judeteana de Pensii Arad|publisher=cjpensiiarad.ro|access-date=23 July 2016}}

Russia

|63

|58

|2024

|From 2019 the retirement age for men (women) would gradually increase from 60 (55) to 65 (60) years by 2028; first it was intended to hike the age for women to 63 but later the plan was softened.

|{{cite web |url= https://www.bbc.co.uk/news/world-europe-45342721 |title= Russia's Putin softens pension reforms after outcry |publisher= BBC |date= 2018-08-29|access-date= 2019-01-30 }}{{cite news |url= https://themoscowtimes.com/news/russian-duma-moves-hike-retirement-age-amid-popular-opposition-62299 |title=Russian Duma Moves to Hike Retirement Age Amid Popular Opposition |work= themoscowtimes.com |date= 19 July 2018}}

Serbia

|65

|63 (and 8 months)

|2024

|By the year of 2032 retirement age for women will equalize with men and reach 65.

Also it is possible to gain pension after 45 years of labour if that happens prior to 66th year of life for men or aged 61 years and 6 months for women. It would be at least 60 for both men and women, considering the fact that person is legally labour-eligible aged 15 in Serbia.[http://www.zso.gov.rs/starosna-penzija.htm The Institute for Social Insurance]

|

Slovakia

|64

|64

|2021

|

|{{Cite web|url=https://www.employment.gov.sk/sk/socialne-poistenie-dochodkovy-system/dochodkovy-system/dochodkovy-vek/|title = Dôchodkový vek}}

Slovenia

|65

|65

|2018

|

|

Spain

|66 (and 8 months)

|66 (and 8 months)

|2025

|The age will be 67 by 2027. See also: Pensions in Spain.

|

Sweden

|66

|66

|2020, options age 62–68.

|By 2026 it will be 67, with options age 64-69.

|

Switzerland

|65

|64

|2022

|

|{{Cite web |title=Die Pensionierung planen |url=https://www.ch.ch/de/pensionierung/pensionierung-ab-wann/ |access-date=2022-08-22 |website=www.ch.ch |language=de}}{{Cite web |last=Office |first=Central Compensation |title=Old-age pensions |url=https://www.zas.admin.ch/zas/en/home/particuliers/rentes-de-vieillesse.html |access-date=2022-08-22 |website=www.zas.admin.ch |language=en}}{{Cite web |title=10. AHV-Revision |url=https://swissvotes.ch/vote/422.00 |access-date=2022-08-22 |website=swissvotes.ch}}

Ukraine

|60

|60

|2022

|

|

United Kingdom

|66

|66

|2021

|The retirement age is due to be increased to 67 by 2028 and 68 by 2046. See also: Pensions in the United Kingdom.

|{{Cite web|url=https://www.nidirect.gov.uk/articles/check-your-state-pension-age|title = Check your State Pension age | nidirect|date = 28 October 2015}}

See also

References