At a glance
- The Employment (Contractual Retirement Ages) Bill (Bill) is being considered at the next stage of the legislative process.
- The Bill will give employees the right to refuse early retirement and seek compensation if unjustly retired before the State Pension Age.
The Bill which aims to strengthen employee's rights regarding retirement ages, is currently going through the legislative process. The current draft bill provides:
- Employees who are subject to contractual retirement ages below the State Pension Age (currently 66) may notify their employer that they do not consent to retirement at the contractual retirement age.
- Employers who receive such notification must not enforce the contractual retirement age unless they can objectively and reasonably justify the retirement of the individual employee concerned.
The Workplace Relations Committee may award compensation up to two years' gross remuneration or EUR40,000, whichever is greater, for a breach of the legislation.
More to explore
