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ARTICLE · 15 JANUARY 2018

Not Shy And Not Retiring

Dillon Eustace
Dillon Eustace
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Dillon Eustace

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Dillon Eustace is one of Ireland’s leading law firms focusing on asset management and investment...

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New guidance on issues surrounding retirement has been published by the Department of Business, Enterprise and Innovation.

IrelandEmployment and HR
John Doyle
John Doyle
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January 2018

New guidance on issues surrounding retirement has been published by the Department of Business, Enterprise and Innovation. This new Code describes principles and practices to be followed by both employers and employees during the retirement phase and includes responding to requests to work beyond the retirement age.

The Beginning of Change

The traditional retirement age in Ireland was always 65, a time when employees qualified for the State pension and it was generally accepted that they would retire, whether it was an express term of their contract of employment or not. People were considered to have come to the end of their useful working lives and statistically, were not too far off the end of their natural lives. That has all changed. The State pension age has increased and is set to continue increasing and that has left some employees in a position where they have no income between retirement and the commencement of their pension. Much more

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