When is an early retirement benefit payable?

As per Article 29 of the UNJSPF Regulations and Rules, for staff members who commenced or recommenced participation in the Fund:

  • prior to 1 January 2014, an early retirement benefit shall be payable to a participant whose age on separation is at least 55 but less than the normal retirement age and whose contributory service was five years or longer; and.
  • on or after 1 January 2014, an early retirement benefit shall be payable to a participant whose age on separation is at least 58 but less than the normal retirement age and whose contributory service was five years or longer.
Keywords: