At what age can women retire in your country?

Women in Norway and Iceland have to work the longest before they can retire, according to the OECD. In these two countries women have the same retirement age as men, at 67 years old.

Next on the list, based on data from the OECD’s Pensions at a Glance report, published this year, are the US, Portugal and Ireland, where women can retire at 66 years old. (The figures in the chart are based on the age at which the population could take their pension in 2014.)

The rest of the chart is filled by countries where the retirement age for women is 65, including many European nations, as well as Australia, Japan and Mexico. By contrast, Turkey has the youngest retirement age of countries included in the data, at 58 years old for women.

What the OECD report also outlines is the expected increase in retirement age by 2050, based on current legislation. By this time, in the United Kingdom, Ireland and the Czech Republic the age will be 68 for female workers.

Retirement age is a pressing concern in many developed economies, especially for taxation and welfare systems, because of the issues posed by changing demographics and an ageing population.

Have you read?
How much are pensions in your country?
How will an ageing population affect the economy?
Global population ageing: peril or promise?

To keep up with the Agenda subscribe to our weekly newsletter.

Author: Joe Myers is a Digital Content Producer at Formative Content. 

Image: Facebook employees work in the design studio at the company’s headquarters in Menlo Park, California. REUTERS.