Retirement Benefit

What Is The Retirement Benefit?

The National Insurance Retirement Benefit is designed to supplement the income of individuals after retirement. Every employee who has paid National Insurance contributions is entitled to a Retirement Benefit. You qualify for the Retirement Benefit at any time between the ages of 60 and 65 if you are retired or at age 65 whether you retire or not.

The Benefit may be either:

A Retirement Pension payable for life to persons who have 750 contributions or more - the minimum requirement for a basic pension; or  

A Retirement Grant, which is a one time lump sum payment, subject to a minimum sum of $3,000.00 paid to persons who have made less than 750 weekly contributions the minimum requirement for a basic pension.  

Who Can Claim?

Anyone who is insured under the system and who has attained age 60 years and has retired or at any age between 60 and 65 years that he or she retires; or who is aged 65 whether retired or not. 

What Are The Qualifying Conditions?

You must have reached Retirement Age.

The insured person who is age 65 years will receive the benefit whether he/she stops working or not.

The insured person who is between 60 to under 65 years will receive the benefit if he ceases to be in insurable employment and will continue to receive such pension even if he returns to insurable employment before he attains age 65.

Have a minimum of 750 contributions to his or her credit. The contributions may comprise of paid contributions inclusive of Voluntary Contributions, Age Credits and or Benefit Credits.

Forms To Be Completed

NI 82   - Retirement Benefit Application NI 65    - Life Certificate

All of these forms are available FREE of charge at any National Insurance Service Centre or are downloadable.

Supporting Documentation

  • Birth Certificate.
  • Any supporting Affidavit or Deed Poll where necessary.
  • Marriage Certificate for Married /Divorced Women.
  • A Decree Absolute from Divorced Women.
  • Late Claim Letter giving exceptional circumstances why claim is being made late.
  • Valid PICTURE ID of both the claimant and the person submitting the claim on behalf of the claimant (where applicable) is required for acceptance of the claim.

Alternative Evidence of Date of Birth

Where you are unable to submit your birth certificate the NIBTT may, in special circumstances, accept as alternative evidence of age, documents for which the presentation of a birth certificate is a requirement for issue. These will include:

  • A valid passport.
  • A valid driver’s permit.
  • Naturalization Records.
  • Baptismal Certificate (registered within 1 year of birth).

Where contributions may be outstanding on your behalf, you may be asked to supply alternative evidence of employment such as:

  • TD4 slips.
  • Pay slips.
  • Record of service for computing employment-related Retiring.
  • Benefits (daily and monthly paid public servants).
  • Leave and Pension Records.
  • Record of service for computing Severance Benefit.
  • Letter from employer providing detailed information.
  • Assessment Notice from the Board of Inland Revenue.
  • Religious Records.
  • School Records.
  • Armed Forces Discharge Record.

When To Apply?

A Claim to Retirement Benefit may be submitted about three months before:

  • Your 65th Birthday if you are not retired.
  • Your 60th Birthday if you retire at age 60 or before.
  • The date on which you plan to retire if you are between 60 and 65 years of age and still employed.  Your Claim must be submitted no later than 12 MONTHS from your date of retirement if you are between 60 and 65 years of age or your 65th birthday whether retired or not.


Retirement Benefit Part 2