BACKGROUND COLOUR

Too old to work?

Insights
. .
26 Jul 2021
Based on the work of
Matthew GrayRob Bray

The push for later and later retirement ages is not supported by a majority of those surveyed who prefer either the 2013 policy of a pension age of 65, or an older policy of a pension age split between women at 60 and men at 65. Women are only half as likely as men - 8% to 16% - to back increasing the age pension age to 70.

45 %

Nearly half of those surveyed prefer the retirement age, the age of eligibility for the age pension, be 65 years old.

15 %

Only a 15% support the current policy of lifting the pension eligibility age to 67.

12 %

A small number – 12% – back lifting the pension age even further to 70 years of age.

17 %

The second most popular option is reverting to the historical arrangement where females were eligible for the pension at 60 and men at 65.

Preferred Policy Setting for Eligibility for the Australian Age Pension
The age of eligibility for the Age Pension in Australia has been changing. Which of the following do you think is best?
Sources & Methodology
Variable description By policy setting
Possible Choices:
1. In 1995 it was 60 years for women and 65 years for men
2. In 2013 it was 65 years for both men and women
3. Current policy is gradually raising it to 67 years for both men and women in 2023
4. It has recently been proposed to increase it to 70 years in 2035 5. Or something else (Specify)
6. (There should not be an age pension) 7. (None of these) 8. (Don't know) 9. (Refused)
Variable time span 2015
Published by ANU Poll
Publisher Link https://csrm.cass.anu.edu.au/research/publications/ageing-and-money
Data Source doi:10.26193/3JWQ9V
CSV Data
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