OECD: Retirement Age Could Rise to 67 in Romania as Well

An OECD report examining the raising of retirement ages across several European countries indicates that Romania's retirement age could reach 67.

Under current legislation, the retirement age for women has already increased as of 1 July, and is set to be gradually equalised with that of men, reaching 65 by 2035. The law also stipulates that the retirement age may continue to rise in line with changes in average life expectancy.

The current situation in Romania

• Women's retirement age will be equalised with men's by 2035, at 65
• As of 1 July, the retirement age has increased by one month
• Women may currently retire at 62 years and 7 months
• Men may retire at 65

What the OECD report shows

According to the cited data, those who entered the labour market in 2024 may not be able to retire until the age of 67.

Across the European Union, the average retirement age is currently 64.7 years for men and 64 years for women. For the generation that began working in 2024, the European average is projected to rise to 66.7 years for men and 66.4 years for women.