Getting older does not stop your PIP award but it can stop you from renewing your claim or making a new claim.
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As inflation increased in April 2023, PIP rates increased by 10.1%. The enhanced rate of £101.75 and the ordinary rate of £68.10 is the new daily living component of the Personal Independence Payment for 2023. The enhanced rate's mobility component is now £71.00, while the basic rate's mobility component is now £26.90.
If you're awarded PIP before you get to State Pension age, you'll continue to receive it afterwards, too. You can still make a claim if you're working. If you've reached State Pension age and have care needs, you should claim Attendance Allowance instead.