Working Years Beyond 60: Is South Africa Rethinking the Age of Retirement?

Working Years Beyond 60: Is South Africa Rethinking the Age of Retirement?

  • Reports that South Africa plans to raise the retirement age from January 2026 have caused uncertainty among workers
  • National Treasury and the Government Employees Pension Fund have previously rejected the claims, stating that no law or policy is changing the retirement age
  • Authorities say retirement remains governed by individual employers and pension funds, even as broader pension reforms continue

retirement
Authorities have not confirmed that retirement age has been changed in 2026. Image: Ulrich Baumgarten/ Getty Images
Source: Getty Images

With some reports circulating that the traditional retirement age of 60 could officially come to an end from 7 January 2026, many South Africans are questioning whether new pension rules will require workers to remain in employment for longer than before.

Speculation has been fuelled by claims that the government is considering raising the retirement age, in some cases to as high as 67, in response to longer life expectancy, escalating pension costs, and the need to maintain economic productivity. According to these reports, extending working life would help stabilise pension systems while giving individuals more time to grow their retirement savings.

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However, authorities have moved to dismiss these claims.

National Treasury debunks retirement age change.

Following renewed rumours in May 2025 about a national change to the retirement age, Daily Maverick approached the National Treasury for clarity. Treasury confirmed that no such change has been legislated and that there is no gazetted law, parliamentary record, or regulatory announcement altering the retirement age.

Treasury further emphasised that South Africa does not have a single, mandatory national retirement age that applies to all workers.

Employees in formal employment have a retirement age that is determined by the employer and the relevant retirement fund, which is not prescribed by the law. Government,” Treasury said.

GEPF: No change for public sector workers

The Government Employees Pension Fund (GEPF) has also dismissed widespread claims that the retirement age for public sector workers has been amended.

The fund reiterated that its retirement age structure remains unchanged:

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  • Early retirement: 55 to 59 years
  • Normal retirement: 60 years
  • Late retirement: 61 to 65 years

The fund urged its members to receive information from formal government channels.

Clarification sparks public debate.

Despite official clarification, the issue has triggered strong reactions on social media.

Mariaan Potgieter asked:

"Why does this not count for parliament and ministers?"

Tshingana Sandiso Prehessure joked:

"In South Africa, when someone has to retire, he joins politics and becomes the minister for the next 30 years."

Nkululeko Ngcobo suggested:

"You should amend it to 55 - 59 as normal retirement to allow those employees who want to open businesses to do so, since there's a high unemployment rate, especially among the youth."

Wikus Sedze asked:

"Does it apply to all in Parliament and politics?"

Sir-p J'cobs commented:

"But in parliament you are sitting on 73's and 76's, why don't you leave at that 60 or 65 you are talking about?"

SA money
The public continue to debate if the elderly will have to work past retirement age in SA. Image: Dwayne Senior/ Getty Images
Source: Getty Images

Articles about retirement

Previously, Briefly News reported that the South African Revenue Service (SARS) confirmed more than R35 billion had been withdrawn under the two-pot retirement system. Over 169,000 applications were declined due to incorrect details, insufficient funds, or system failures, while more than 28,000 applicants cancelled their requests.

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As the two-pot system marked its first anniversary on 1 September 2025, Deputy Pension Funds Adjudicator Naheem Essop explained its limitations. The system divides retirement savings into three components: a vested pot for pre-September 2024 savings under old rules, a savings pot allowing limited early access once per tax year (minimum R2,000), and a retirement pot preserved until retirement. Essop noted that while the system offers limited early access, it is designed to protect long-term retirement outcomes, not to replace a formal retirement age framework.

Source: Briefly News

Authors:
Mbalenhle Butale avatar

Mbalenhle Butale (Current Affairs writer) Mbalenhle Butale is a dedicated journalist with over three years newsroom experience. She has recently worked at Caxton News as a local reporter as well as reporting on science and technology focused news under SAASTA. With a strong background in research, interviewing and storytelling, she produces accurate, balanced and engaging content across print, digital and social platforms.