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Such elimination or actuarial reduction of immediate pensions would affect military retirees at an age when they are likely to have civilian job earnings nished by offering substantial cash bonuses to those involuntarily separated from the services beyond ten years and less than 30 years.
Since 2010 the state pension age for women has been changing to bring it in line with the male age of 65. By 2016 the retirement age for women will have risen to 63. Moving up: By mid 2016 the state pension age for women will be around 63. It had been expected that the women's state pension age would rise to 65 by 2020.