March 2024
Minister for Enterprise, Trade and Employment, Simon Coveney TD recently announced that Government has approved the drafting of the Employment (Restriction of Certain Mandatory Retirement Ages) Bill 2024.
- The Bill will implement a key commitment included in the government’s response to the Pensions Commission Recommendations and Implementation Plan.
- It will deliver a statutory provision which will allow, but not compel, an employee to stay in employment until the State Pension age, which is age 66.
- The Bill provides that in general an employer cannot set a compulsory retirement age below the State Pension age if the employee does not consent to retire. This element of consent reflects the fact that many employees may want to retire at the contractual retirement age.
- It also provides for certain exemptions, particularly in relation to retirement ages which are set out in law, or in limited circumstances where the employer can provide objective justification for the retirement age.
Find out more
here.
Source: enterprise.gov.ie