France's new pension age, following the 2023 reforms, gradually increases the legal retirement age from 62 to 64 by 2030, with a requirement of 43 years of contributions for a full pension, though exceptions exist for early retirement for those with long careers or disabilities, with the age rising three months per birth year.
In 2023, a law was passed in France that raises the retirement age from 62 to 64 with a requirement that the retiree has worked at least 43 years.
You can receive a maximum of 50% of your basic salary, with a minimum cap of 37.5% for those born after 1953. Your rate is affected by a percentage that is calculated from how many conditions you meet.
The state pension age is currently 66 for men and women. It is due to rise to 67 between 2026 and 2027, and to 68 in 2044 to 2046.
Which Countries Have the Most Sustainable Pension Systems? Iceland, Denmark, and the Netherlands have the most financially sustainable pension systems due to well-balanced contribution rates and participation.
From 20 September 2025, the maximum full Age Pension will increase by: $29.70 per fortnight for singles. $44.80 combined ($22.40 each) per fortnight for couples.
Women in these countries can also retire at 62. The lowest retirement age for women is in Austria and Poland, where it is 60. On a global level, the retirement age in Sri Lanka is the lowest, at 55. However, salaries can be low and many need to work beyond the age of 55.
The mandatory state pension in France operates on a pay-as-you-go basis, redistributing contributions from current workers to retirees. It aims to provide 50% of a retiree's income based on their 25 highest earning years, up to a set ceiling (€41,136 annually in 2022).
French Pension Reforms
The reforms come into effect from September 1st, 2023, and will see the earliest retirement age raised to 64 (from 62) for all French workers by 2030. The minimum pension amount starts at €848 per month from September 1st, 2023.
The amount of pension benefits in Germany depends on many factors, but one of the most important issues is the region where the retiree lives. The average pension in Germany currently amounts to about 1620-1640 euros gross monthly, but this value isn't equal for the entire country.
New Zealand. In New Zealand, there is normally no mandatory retirement age except in jobs that require one for a specific legal reason.
This means that your US-source pension will only be taxed by the US, not both countries. (Though you will still have to report your pension income on your French tax return to calculate your tax rate.) You may also be required to pay a France property tax or French council tax.
Causes. The direct cause was the 2026 budget plan of François Bayrou, which contained various proposed measures to reduce public spending.
You may be able to get Age Pension for the whole time you're outside Australia, even if you're leaving to live in another country. If you leave within 2 years of returning to Australia to live, your payment may stop if you: came back to Australia to live. started getting Age Pension after you returned.
Iceland leads the way in Europe in terms of average State Pension provision. Here are the top 10 ranking countries for average pension expenditure: Iceland: €35,959 (£30,251) Luxembourg: €31,835 (£26,778)
The state pension can pay as much as €23,184 (£20,135) a year in France, while in the UK the full new state pension pays £11,973 a year, going up 4.7 per cent to £12,535 next year, in line with average wage growth.
Best Places to Retire in 2026: The Annual Global Retirement Index
The standard retirement pension age is now 66 plus two months, and it will gradually increase to 67 by 2029. So when you're born after 1964, you will have to work until the age of 67 to get the full German state pension without deductions.
Some people are able to retire relatively early — even in their 40s sometimes — while others work well into their 70s and even 80s. What is the average age of retirement in the United States? Right now, the average age for men to retire is 65 while the average age for women to retire is 63.
In Australia, for the Age Pension (as of late 2025), a single homeowner can have up to $321,500 in assets (including bank accounts) for a full pension, while a couple can have up to $481,500; for non-homeowners, these limits are higher at $579,500 for singles and $739,500 for couples, with figures adjusting for cost of living. Assets above these thresholds reduce your pension, and these limits are reviewed by Services Australia regularly.
There are no plans to change the pension age, which is 67 years, nor are there any changes to payment eligibility or offering bonus payments. The department advises, “If there are changes to any of our payments or services, we'll let you know on our official website and official social media channels.
The government has announced that the State Pension age (SPa) timetable will, for the time being, remain unchanged from the current legislated timetable: SPa will increase from 66 to 67 – between April 2026 and April 2028. SPa will increase from 67 to 68 – between April 2044 and April 2046.