When will you retire according to your year of birth: the age table
The "dream" of retiring at the standard retirement age is increasingly distant for many workers. The latest pension reforms introduced new features aimed at sustaining the system.
By 2027, those who want to retire at 65 must have contributed for at least 38 years and six months. Those with a shorter working life will have to wait until age 67 to retire from the labor market .
However, those who turn 65 in 2025 will be able to begin retiring provided they have contributed for a minimum of 38 years and 3 months or more, which is three more months of contributions than those who retired in 2024. If they have not reached this period, their retirement age will be 66 years and 8 months .
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2025: 38 years and 3 months or more of contributions - 65 years | 38.3 months or less of contributions - 66 years and 8 months
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2026: 38 years and 3 months or more of contributions - 65 years | 38.3 months or less of contributions - 66 years and 10 months
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2027: 38 years and 6 months or older - 65 years | Under 38 years and 6 months - 67 years
Based on this table defined by Social Security, it is possible to determine the retirement year based on the year of birth.
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1960: Ordinary retirement in 2025 at age 65 if they have contributed for 38.3 months or more. Otherwise, they should wait until age 66 and 8 months.
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1961: Ordinary retirement in 2026 at age 65 if they have contributed for 38.3 months or more. Otherwise, they should wait until age 66 and 10 months.
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1962: Ordinary retirement in 2027 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
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1963: Ordinary retirement in 2028 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
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1964: Ordinary retirement in 2029 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
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1965: Ordinary retirement in 2030 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
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1966: Ordinary retirement in 2031 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
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1967: Ordinary retirement in 2032 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
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1968: Ordinary retirement in 2033 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
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1969: Ordinary retirement in 2034 at age 65 if they have contributed for 38 years and 6 months or more. Otherwise, they should wait until age 67.
Starting in 2027, the timings will remain as they are unless otherwise modified.
Furthermore, among other changes in recent years, those who wish to leave work earlier than indicated may be exposed to a series of penalties through reductions. For each month the retirement is brought forward, the pension will be reduced, according to the percentages established by Social Security. Furthermore, retirement cannot be more than two years before the established ordinary retirement age, and a minimum contribution will be required.
Progressive application of the
pension reform
Delayed age of
retirement and raise
of the contribution period
Under 35 years old
and 3 months
Under 35 years old
and 6 months
Under 35 years old
and 9 months
Under 36 years old
and 3 months
Under 36 years old
and 6 months
Under 36 years old
and 9 months
Under 37 years old
and 3 months
Under 37 years old
and 6 months
Under 37 years old
and 9 months
Under 38 years old
and 3 months
Under 38 years old
and 3 months
Under 38 years old
and 6 months
Source: Ministry of Employment / ABC
Progressive implementation of the pension reform
Delay in retirement age
and increase in the contribution period
Less than 35 years and 3 months
Less than 35 years and 6 months
Less than 35 years and 9 months
Less than 36 years and 3 months
Less than 36 years and 6 months
Less than 36 years and 9 months
Less than 37 years and 3 months
Less than 37 years and 6 months
Less than 37 years and 9 months
Less than 38 years and 3 months
Less than 38 years and 3 months
Less than 38 years and 6 months
Source: Ministry of Employment / ABC
On the other hand, those who continue working beyond the legal age may have certain rewards , which is known as delayed retirement.
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