Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section deals with the pension age for veterans.
Men
(2) A man reaches pension age when he turns 60 years.
Women
(3) A woman born before 1 July 1940 reaches pension age when she turns 55.
(4) A woman born within the period specified in column 2 of an item in the following Table reaches pension age when she turns the age specified in column 3 of that item.
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Table |
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Column 1 Item no. |
Column 2 Period within which woman was born (both dates inclusive) |
Column 3 |
|
1. |
From 1 July 1940 to 31 December 1941 |
55 years and 6 months |
|
2. |
From 1 January 1942 to 30 June 1943 |
56 years |
|
3. |
From 1 July 1943 to 31 December 1944 |
56 years and 6 months |
|
4. |
From 1 January 1945 to 30 June 1946 |
57 years |
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5. |
From 1 July 1946 to 31 December 1947 |
57 years and 6 months |
|
6. |
From 1 January 1948 to 30 June 1949 |
58 years |
|
7. |
From 1 July 1949 to 31 December 1950 |
58 years and 6 months |
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8. |
From 1 January 1951 to 30 June 1952 |
59 years |
|
9. |
From 1 July 1952 to 31 December 1953 |
59 years and 6 months |
(5) A woman born on or after 1 January 1954 reaches pension age when she turns 60.
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