Retirement/Old Age Benefit
Persons eligible for Old Age Benefit, must have reached retirement age, that is:
A man - age 65 years and over;
A woman - an increase in the retirement age from 60 years to 65 between April 1, 2011 to March 1, 2016 and over. Please click here to track this movement.
These persons must have made the required number of National Insurance contributions and have stopped working. When a contributor remains in full-time employment after age 60 (female) or 65 (male), a benefit will not be paid. However it should be noted that the contributor must continue to contribute to the NIS.
A female on attaining age 65 or a male age 70 is deemed to be retired and the benefit becomes payable whether or not he/she continues to be employed. A female who stops working before attaining age 60 or a male age 65, and does not intend to seek gainful employment, may apply to become a Voluntary Contributor until she/he reaches the age 60 or 65 years, respectively. A retired person may be awarded a pension or grant depending on the number of contributions made.
A person in receipt of an NIS pension and under the deemed retirement age of 70 (male) and 65 (female) who returns to work should:
inform the NIS office of the new employment
surrender the NIS Pension Order Book of un-cashed vouchers
resume contributing to the scheme until the deemed retirement age or when gainful employment ceases (whichever comes first)
A person in receipt of an Old Age or Invalidity Pension may be paid a Spouse Allowance whether married or in a common-law union. Entitlement to this benefit is awarded, if the following conditions are met:
The pensioner is supporting a dependent spouse
The marriage is at least 3 years
The common-law union is at least 5 years
The spouse is 55 years old and over
The documents to be submitted with the application for Old Age Benefit are:
a) Applicant’s National Insurance Registration Card (pink card)
b) Applicant’s and spouse’s Birth Certificate and Deed Poll where applicable or Passport
c) Marriage Certificate
d) Proof of Employment (optional).
Old Age Benefit – Grant
A contributor, who does not satisfy the contribution requirement for a pension may be awarded a grant, provided he/she has made 52 weekly contributions, and the claim is not late.
The claim is considered late if has not been made within 12 months after the date of entitlement therefore the grant is not payable.
When the benefit is a Grant, there is a single payment by cheque.