Employers asked to align retirement age with pensionable age
The National Insurance Services (NIS) has recognized the challenges being faced by non-pensionable workers in St. Vincent and the Grenadines (SVG), and a call is being made to employers to make policy changes to assist this group. Under the parametric reform system implemented on January 1, 2014 the normal pension age was gradually increased from 60 to 65, over a 15-year period. An employee’s date of birth determined their pensionable …
Source: searchlight.vc