Rise in retirement age to 68 a step closer
Legislation to increase the mandatory retirement age for some civil servants has been tabled in the House of Assembly.
The Public Service Superannuation Amendment Act 2019 would, if approved, change the compulsory retirement age from 65 to 68 for some public offices.
Officials can also continue to work until they are 70, provided that they are deemed fit to continue by a doctor and the head of department every year.
The legislation will not affect teachers, police officers, firefighters, prison officers and Royal Bermuda Regiment soldiers.
A Labour Advisory Committee report released this year called for the mandatory retirement age to be increased to 70 over the next ten years.
The move was deemed necessary because of the increased pressure Bermuda’s ageing population had put on pension plans and public-sector finances.
Claudette Fleming, the executive director of Age Concern and part of the group behind the report, previously voiced her support for such changes.
She said: “A variety of industry leaders committed valuable time to consider the issue.
“The matter of the relevancy of the retirement age in our current existence has been left unresolved for many years.”