Retirement Age in Malta

Retirement age in Malta.Retirement from the workforce and pensions are hot topics globally at the moment – not just in Malta, but changes to the state retirement age are afoot on this small Mediterranean Island. It’s a matter of personal choice and circumstances that affect an individual’s retirement age, but the earlier you retire, the more funds you will need as the money will need to last longer. The State Pension age in Malta is currently 61 for men and 60 for women. Due to an ageing population and an increase in life expectancy combined with a falling birthrate over recent years, the retirement age is set to increase to 65 in the future, for both males and females.

Your year of birth is the deciding factor at which age you can start to draw your State Pension. If you were born in or before 1951, you can take your State Pension at 60 if you’re female and 61 if you’re male. If you were born between 1952 and 1955, you can collect a State Pension at 62 as long as you have paid enough National Insurance Contributions and you have actually stopped working. For those born between 1956 and 1958 inclusive, the retirement age rises to 63, as long as eligibility conditions are met, and for people born between 1959 and 1961 (inclusive), the age rises to 64. Anyone born in 1962 or later will only be able to retire and draw the State Pension after their 65th Birthday.

Many people like to retire much earlier than their State Retirement Age, and some people manage to do it by ensuring they have sufficient money to bridge the gap between stopping work and receiving the State Pension.

For more information about State Pensions in Malta, contact:

Ministry for Social Policy
Palazzo Ferreria, 310 Republic Street
Valletta CMR 02, MALTA

Social Policy Information Centre
Telephone: (+356) 2590 3100
Fax: (+356) 2590 3121

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4 Responses

  1. Rosemary says:

    Dear J. Buttigieg, I am an English lady married to a Maltese. I was born July 1956, and I have been working now here in Malta for nearly 9 years. Has the age of retirement changed since I last asked you the same question? Thank you. Kind Regards, R. Kitcher.

  2. Rosemary Kitcher says:

    Dear J. Buttigieg, I am an English lady who is married to a Maltese. I work here in Malta and have been for the past seven years. I would like to ask if I may how old is the age for women to retire in Malta, and how much would I receive. And also how much would I need to pay in order to receive a full pension. I have been working in the UK, would I still receive my pension from the UK and would it be combined with the pension if I received a pension from Malta? Thanks.

    • Joseph Buttigieg says:

      Well lady the retiring age of women in Malta is 60, but to have a full pension you have to been working for at least 35 years. Regarding a full pension and if it is combined with the pension that you have in the UK, I think the best thing to do is to call at your local pension office and ask the the reception officer because I am not sure about this matter. Wish you luck and health. Regards Joseph.

  3. Joseph Buttigieg says:

    Can I stop working? My age as of today 31/10/2014 is 58, born 31st March 1956. Is there any sort of retirement before the age of 61? Please reply, regards Joseph.

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