New Retirement Age

Most people are working longer than they first anticipated. In line with this global trend the Trustees have made application to the FSCA to amend the Rules to change the Normal Retirement Age from 60 to 65 years old.

It’s important for members to remember:

  • Their retirement age is determined by the employer and is independent of the Fund’s Normal Retirement Age
  • With their employer’s consent employees can still retire from age 55.
  • With their employer’s consent employees may continue to work past 65, in line with what is applicable in your establishment.
  • The Group Life Assurance and Funeral Benefits cease at age 70.