Editing Retirement (section)

==In specific countries==
{{main|Retirement age}}
A person may retire at whatever age they please. However, a country's tax laws or state old-age pension rules usually mean that in a given country a certain age is thought of as the standard retirement age. As [[life expectancy]] increases and more and more people live to an advanced age, in many countries the age at which a pension is awarded has been increased in the 21st century, often progressively.<ref name=retage/>

The standard retirement age varies from country to country but it is generally between 50 and 70 (according to latest statistics, 2011). In some countries this age is different for men and women, although this has recently been challenged in some countries (e.g., Austria), and in some countries the ages are being brought into line.<ref>{{Cite web|url=http://ebiz.turpin-distribution.com/search.aspx?pub=472&adv=1|title=Turpin Distribution. Search|website=ebiz.turpin-distribution.com}}</ref> The table below shows the variation in eligibility ages for public old-age benefits in the United States and many European countries, according to the [[OECD]].

''The retirement age in many countries is increasing, often starting in the 2010s and continuing until the late 2020s.''
{| class="wikitable sortable"
! Country
! Early retirement age
! Normal retirement age
! Employed, 55–59
! Employed, 60–64
! Employed, 65–69
! Employed, 70+
|-
! Austria
| 60 (57)||65 (60)||39%||7%||1%||0%
|-
! Belgium
| 60||65||45%||12%||1%||0%
|-
! Cambodia
| 50||55||16%||1%||0%||0%
|-
! Denmark <sup>1</sup>
| 60–65<ref name=aeldresagen>{{Cite web |url=https://www.aeldresagen.dk/viden-og-raadgivning/penge-og-pension/efterloen |title=Efterløn 2018 |publisher=[[Ældresagen]] |language=da |access-date=30 April 2018}}</ref>||65–68<ref name=borgerdk>{{Cite web |url=https://www.borger.dk/pension-og-efterloen/Folkepension-oversigt/Folkepension-pensionsalder |title=Hvornår kan jeg gå på folkepension? |publisher=[[borger.dk]] |language=da |access-date=30 April 2018 |archive-url=https://web.archive.org/web/20180501004855/https://www.borger.dk/pension-og-efterloen/Folkepension-oversigt/Folkepension-pensionsalder |archive-date=1 May 2018 |url-status=dead }}</ref>||77%||35%||9%||3%
|-
! France <sup>2</sup>
| 62||65||51%||12%||1%||0%
|-
! Germany 
| 65||67||61%||23%||3%||0%
|-
! Greece 
| 58||67<ref>{{cite news|url=https://www.bbc.com/news/world-europe-20293058|title=Greece MPs approve new austerity budget amid protests|date=12 November 2012|access-date=16 January 2017|work=BBC News}}</ref>||65%||18%||4%||0%
|-
! Italy
| 57||67||26%||12%||1%||0%
|-
! Latvia <sup>3</sup>
| none||63–65<ref name=vsaa>{{Cite web |url=https://www.vsaa.lv/pakalpojumi/pensionariemsenioriem/vecuma-pensija/pensijas-vecuma-paaugstinasana-no-62-lidz-65-gadu-vecumam/ |title=Pensijas vecuma paaugstināšana no 62 līdz 65 gadu vecumam |publisher=The State Social Insurance Agency |language=lv |date=18 December 2018 |access-date=30 April 2018 |archive-date=25 June 2018 |archive-url=https://web.archive.org/web/20180625161616/https://www.vsaa.lv/pakalpojumi/pensionariemsenioriem/vecuma-pensija/pensijas-vecuma-paaugstinasana-no-62-lidz-65-gadu-vecumam/ |url-status=dead }}</ref>||?||?||?||?
|-
! Netherlands
| 60||65 (67)||53%||22%||3%||0%
|-
! Norway
| 62||67||74%||33%||7%||1%
|-
! Spain <sup>4</sup>
| 60||65||46%||22%||0%||0%
|-
! Sweden
| 61||65||78%||58%||5%||1%
|-
! Switzerland
| 63 (61), [58]||65 (64)||77%||46%||7%||2%
|-
! Thailand
| 50||60||?||?||?||?
|-
! United Kingdom
| 65||68||69%||40%||10%||2%
|-
! United States <sup>5</sup>
| 62||67||66%||43%||20%||5%
|-
! Kenya
| 50||55||66%||43%||20%||5%
|}
Notes: Parentheses indicate eligibility age for women when different. Sources: Cols. 1–2: OECD Pensions at a Glance (2005), Cols. 3–6: Tabulations from HRS, ELSA and SHARE. Square brackets indicate early retirement for some public employees.

<sup>1</sup> In Denmark, early retirement is called ''efterløn'' and there are some requirements to be met such as contributing to the labor market for at least 20 years.<ref>{{cite web |title=Efterløn 2024 |url=https://seniorfolk.dk/efterlon-2024/ |website=Seniorfolk |date=15 November 2023 |access-date=16 November 2023}}</ref> Early and normal retirement ages vary according to the date of birth of the person filing for retirement.<ref name=aeldresagen/><ref name=borgerdk/>

<sup>2</sup> In France, the retirement age was 60, with full pension entitlement at 65; in 2010 this was extended to 62 and 67 respectively, increasing progressively over the following eight years.<ref>{{cite news| url=https://www.bbc.co.uk/news/world-europe-11204528 | work=BBC News | title=Pension rallies hit French cities | date=7 September 2010}}</ref>

<sup>3</sup> In Latvia, the retirement age depends on the date of birth of the person filing for retirement.<ref name=vsaa/>

<sup>4</sup> In Spain it was ruled that the retirement age was to increase from 65 to 67 progressively from 2013 to 2027.<ref>{{cite news| url=https://www.nytimes.com/2011/01/28/world/europe/28iht-spain28.html | work=The New York Times | title=Spain to Raise Retirement Age to 67 | date=27 January 2011 | first=Raphael | last=Minder}}</ref>

<sup>5</sup> In the United States, while the normal retirement age for [[Social Security (United States)|Social Security]], or Old Age Survivors Insurance (OASI) was age 65 to receive unreduced benefits, it is gradually increasing to age 67 by 2027.<ref name=retage>{{cite web|url=http://www.ssa.gov/OACT/ProgData/nra.html|title=Normal retirement age (NRA)|last=SueKunkel|work=ssa.gov|access-date=16 January 2017}}</ref> Public servants are often not covered by Social Security but have their own pension programs. Police officers in the United States may typically retire at half pay after 20 years of service, or three-quarter pay after 30 years, allowing retirement from the early forties.<ref>{{cite journal
 |author=Michael Bucci
 |date=November 1992
 |title=Police and firefighter pension plans
 |journal=[[Monthly Labor Review]]
 |volume=115
 |issue=11
 |url=http://findarticles.com/p/articles/mi_m1153/is_n11_v115/ai_13262436
 |archive-url=https://web.archive.org/web/20080411212518/http://findarticles.com/p/articles/mi_m1153/is_n11_v115/ai_13262436
 |url-status=dead
 |archive-date=11 April 2008
 |access-date=3 August 2007
}}</ref> Military members of the [[US Armed Forces]] may elect to retire after 20 years of active duty. (See also: [[military retirement pay]] and [[military pension]].)

Iranian age of retirement was increased much in 2022 and 2023 to 42 years of work insurance payment record to avoid government social security  bankruptcy.<ref>{{cite web | url=https://iranintl.com/202311209357 | title=واکنشی به مصوبه افزایش سن بازنشستگی: ضد کارگری‌ترین قانون معاصر ایران | date=4 January 2024 }}</ref>