Commonwealth Numbered Acts Commonwealth Numbered Acts
1 Subsection 23(5A)
Repeal the subsection, substitute:
Pension age
(5A) A man born during the period specified in column 2 of an item in the following table reaches pension age when he turns the age specified in column 3 of that item.
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Table--Pension age for men |
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Column 1 Item |
Column 2 Period during which man was born |
Column 3 Pension age |
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1 |
On or before 30 June 1952 |
65 years |
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2 |
1 July 1952 to 31 December 1953 |
65 years and 6 months |
|
3 |
1 January 1954 to 30 June 1955 |
66 years |
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4 |
1 July 1955 to 31 December 1956 |
66 years and 6 months |
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5 |
On or after 1 January 1957 |
67 years |
2 Subsection 23(5D)
Repeal the subsection, substitute:
(5D) A woman born during 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--Pension age for women |
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|
Column 1 Item |
Column 2 Period during which woman was born |
Column 3 Pension age |
|
1 |
1 January 1949 to 30 June 1952 |
65 years |
|
2 |
1 July 1952 to 31 December 1953 |
65 years and 6 months |
|
3 |
1 January 1954 to 30 June 1955 |
66 years |
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4 |
1 July 1955 to 31 December 1956 |
66 years and 6 months |
|
5 |
On or after 1 January 1957 |
67 years |