When an employee retires

Introduction

Employees may retire for a number of reasons. They may simply have reached retirement age - normally the age agreed in their contract of employment - or they may be taking early retirement. Some may finish work because of long-term ill health.

Whatever the reason, as an employer there are certain steps you should follow when one of your employees retires. Some of these are a question of law, and others are simply good practice.

This guide aims to give you an overview of what to do when an employee retires. It explains the various types of retirement and gives details on where you can get more information and advice.

Subjects covered in this guide

• Introduction
• Retirement - the process to follow
• Pensions and retirement
• Providing support for a retiring employee
• Ill-health related retirement
• Early retirement

 

 Print This Page

Source - Business Link; Crown Copyright.