Perpetual bad boy Mick Jagger officially a senior

Rolling Stones lead singer Mick Jagger turned 65 on Saturday, making him eligible for a U.K. pension equivalent to $180 Cdn a week.

But rock's original bad boy is not planning his retirement.

On Friday, record company Universal announced it has signed an "exclusive, long-term, worldwide" deal with the Rolling Stones.

The contract, covering future albums by the Stones, means Jagger will be rocking well into his 70s.

The Stones previously recorded a one-off live album with Universal.

The Rolling Stones let their deal with EMI, their traditional record company, lapse in March.

EMI was taken over by private equity company Terra Firma in 2007 and has since lost many of its big name acts to Live Nation and other competitors.

The deal with the Stones includes rights to a back catalogue that includes songs such as Angie and Brown Sugar, and albums such as Black and Blue.

Universal said it is "planning an unprecedented, long-term campaign to reposition the Rolling Stones' entire catalogue for the digital age."

Universal also stands to benefit from the Stones' hugely successful touring. The Bigger Bang tour, which ended in 2007, grossed close to $560 million.

Jagger, who shocked the British public with his pout and his gyrations when the Stones were formed in the 1960s, is still doing age-defying performances around the world.

He was born in Dartford in southern Britain on July 26, 1943, the son of a gym teacher and a hairdresser.

Brian Jones recruited Jagger for a band he wanted to call the Rollin' Stones, after a Muddy Waters tune, in 1963. The early lineup for the band was Jones, Jagger, Keith Richards, Bill Wyman and Charlie Watts. The "g" was later restored to the name.

Mick and the boys became household names in Britain as early as 1964, shocking because of their long hair and loud music.

Their first U.K.-U.S. megahit was (I Can't Get No) Satisfaction, and they went on to cultivate a huge fan base with songs such as Ruby Tuesday, Under My Thumb and Paint It Black.

Jagger, who has been married twice, has seven children and is a grandfather. He is also a multi-millionaire, unlikely to need that pension.