Pensioners
An Insured Person shall be awarded an Age Pension where he/she has attained the pensionable age and has paid no less than the number of weekly contributions as specified below.
The number of weekly contributions which entitles an Insurable Person to an Age Benefit depends on the age of the Insured Person on the appointed day (1st. July 1986) in accordance with the following table :-
Age on apppointed day Required No. of paid contributions
50 and over 150
49 175
48 200
47 225
46 250
45 275
44 300
43 325
42 350
41 375
40 400
39 425
38 450
37 475
36 and under 500
Required Documents
- A passport or birth certificate along with a notarized photograph.
- An Age Benefit Application form attesting to the fact that the claimant is eligible for pension.
- An Age Benefit Life Certificate form duly notarized, attesting to the fact that the claimant is alive.
- A Benefit Remittance form must be completed to indicate at which bank the pension should be lodged.
Pensionable Age
- From 1st July 1986 – 31st December 2011 (inclusive) 60 years
- From 1st January 2012 – 31st December 2014 (inclusive) 61 years
- From 1st January 2015 – 31st December 2016 (inclusive) 62 years
- From 1st January 2017 – 31st December 2018 (inclusive) 63 years
- From 1st January 2019 – 31st December 2019 (inclusive) 64 years
- From 1st January 2020 and after 65 years
NB – Employees who have passed the Pensionable Age may still contribute to Employment Injury ie – 1% of their gross income.