Private Sector workers terminated at age 60

2

Cabinet Notes: The Cabinet was informed that many workers in the private sector were
having their employment ended at age 60, and are then without an income for a
period of two years before they become eligible for social security payments.

The Cabinet, in order to avoid this untenable situation, has agreed that in the
New Year when a new Parliament is convened, it intends to establish a National
Retirement age to move in lockstep with Social Security eligibility.

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2 COMMENTS

  1. That’s sounds good and right thing to do..on the other hand I am 63 going to 64 soon and still haven’t started getting my social security Benefit..Excuse is that we are backed up..It’s hard to put money into the system and now I need my monthly payments badly, I cannot get it.

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