8. I am 50 years old when Labor Insurance Pension is implemented, when could I claim for old-age pension benefits?

Since the claiming age for old-age pension will be increased gradually from the day pension is implemented. The claiming age will be increased by 1 year (become 61 years old) from the 10th year after implementation (that is 2018) and 1 year will be added every 2 years since then until the age limit reaches 65 years old (that is 2026); so, you will be able to claim for old-age pension when you are 62 years old.