Commonwealth Numbered Acts

SOCIAL SECURITY LEGISLATION AMENDMENT ACT (No. 2) 1994 No. 109, 1994 - SECT 29

29. Section 23 of the Principal Act is amended:
(a) by omitting from subsection (1) the definition of "pension age" and
substituting the following definition:

"'pension age' has the meaning given by subsections (5A), (5B), (5C) and
(5D);";

   (b)  by inserting after subsection (5) the following subsections:
        Pension age



"(5A) A man reaches pension age when he turns 65.



"(5B) A woman born before 1 July 1935 reaches pension age when she turns 60.



"(5C) 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.
TABLE PENSION AGE FOR WOMEN
    column 1   column 2                                 column 3

    item no.   period within which woman was born       pension age

(both dates inclusive)
    1.         From 1 July 1935 to 31 December 1936     60 years and 6 months

    2.         From 1 January 1937 to 30 June 1938      61 years

    3.         From 1 July 1938 to 31 December 1939     61 years and 6 months

    4.         From 1 January 1940 to 30 June 1941      62 years

    5.         From 1 July 1941 to 31 December 1942     62 years and 6 months

    6.         From 1 January 1943 to 30 June 1944      63 years

    7.         From 1 July 1944 to 31 December 1945     63 years and 6 months

    8.         From 1 January 1946 to 30 June 1947      64 years

    9.         From 1 July 1947 to 31 December 1948     64 years and 6 months




"(5D) A woman born on or after 1 January 1949 reaches pension age when she
turns 65.".