Social Security’s full retirement age will hit a new threshold in 2026, according to CBS News .

The age will reach 67 for everyone born in 1960 or later. That means anyone born that year won’t qualify for full benefits until 2027, rather than 2026, CBS said.

The change is the final step in a series of scheduled increases put in place through a law in the 1980s to shore up the Social Security system’s finances. Before those reforms passed, anyone could claim full benefits at age 65.

The law gradually pushed that age higher.

Workers can claim Social Security as early as age 62, but doing that permanently reduces the monthly benefit by about 30%, according to CBS. Waiting for the full retirement age eliminates the cut.

The increase in full retirement age isn’t the only change coming to

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