Amendments to gradually increase the retirement age for most civil servants is set to be debated in the House of Assembly among an array of legislation.

The National Pension Scheme (Occupational Pensions) Amendment Act 2025 is one of 11 pieces of legislation listed for debate in today’s session.

David Burt, the Premier and Minister of Finance, said this month that the amendments were intended to bring security to public sector pensions and prevent future shortfalls.

Mr Burt said: “At present, non-special group members, which are the broad majority of public officers, can receive an unreduced pension at age 60; and special group members, which are our uniformed services, at age 50.

“Under these reforms, those thresholds will rise gradually to 65 and 55 respectively, phased between 2027 and 2035. This is effectively the retirement age for most public officers because it is the point at which they can retire without penalty.”

Most public officers contribute 8 per cent of their salary to the fund but the amendments mean that portion would increase to 10 per cent over three years.

For uniformed services, contributions would rise from 9.5 per cent to 11.5 per cent over the same period, but the increases will be offset by salary uplifts to ensure public officers do not see their take-home pay cut.

Also up for debate will be the Tourism Investment Amendment Act 2025, which aims to give more flexibility for the Government to offer relief for tourism-related businesses.

The House is expected to discuss two tourism orders, one for Navigate Drone Light Shows and a second for Odyssey Commercial Charter Yacht.

Meanwhile, the Loren (Pink Beach and Elbow Beach) Act 2025 is intended to support the redevelopment of the Elbow Beach Hotel property after its purchase by The Loren Group.

The Road Traffic Amendment and Validation Act 2025 will allow the Government to make approved instrument orders for speed detection devices used by the Bermuda Police Service, while the Proceeds of Crime (Miscellaneous) Act will allow the Minister of Finance to make provisions to enhance Bermuda’s anti-money laundering regime.

The National Pension Scheme (Occupational Pensions) Amendment Act 2025 will introduce civil penalties for breaches of the act, while the National Pension Scheme (Occupational Pensions) (Administration Fees) Regulations 2025 will introduce a cap on administration fees for private pensions.

The Benefit Entities Act 2025 and the Trustee Amendment Act 2025 are also expected to be discussed during the sitting.