Voluntary retirement age increased to 70

A big change is afoot. On Thursday new legislation was agreed on by the Government that will allow all public servants to work until 70 if they want. Until now, public servants that were recruited before 2004 had a mandatory retirement age of 65 years of age. With our life expectancy continually going up and since active life should not be forced to end at the arbitrary age of 65, this change makes a lot of sense.

People that want to retire at 65 can still do that, but the people that want to work longer are now allowed to.

Public servants are all employees in the Civil Service (in government- and state-related roles), in Education, in the Health sector, in Justice and in Local Authorities. (The Defence Sector is also part of this group, but they have different retirement rules.)

Yes, there is a downside to that as well. Unsuitable employees could now stick around for 5 years longer. But they were probably already unsuitable before they were 65 and then it is not the fault of this upcoming law change.

Here are some more details about this change.