Saturday 28 November, 2020

Bermuda raises public sector retirement age to 68

Legislation to raise the mandatory retirement age for Public Service workers in Bermuda by three years was passed with unanimous support in the House of Assembly on Friday.

Curtis Dickinson, the Minister of Finance, said the Public Service Superannuation Amendment Act would increase the mandatory retirement age from 65 to 68.

Police officers, firefighters and Bermuda Regiment soldiers will not be affected by the change. He added that the island’s ageing population and a predicted reduction in the number of working-age people meant action had to be taken.

However, this initiative will not impact persons continuing to collect their social insurance cheque at age 65.

Get the latest local and international news straight to your mobile phone for free: