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Early Pension Press Release

logo Early Pension Press Release

 

 

The Turks and Caicos Islands National Insurance Board is pleased to inform the General Public that the work restrictions for insured persons accessing their retirement pension at ages 60 - 64 have been removed.

Persons wishing to receive their retirement pension between the ages of 60 – 64 may do so, while at a reduced rate and continue to work.

Any insured person who is in receipt of a retirement pension benefit and continues to be employed is no longer liable to pay contributions. The employer pays a contribution rate of 1.2% on the individual’s behalf to cover employment injury benefits only.

Retirement Pension application forms are available on the NIB website. Email your completed forms along with the required supporting documents to This email address is being protected from spambots. You need JavaScript enabled to view it..

Please feel free to contact us at 946-1048 (Grand Turk) or 941-5806 (Providenciales) for further details.

You are also invited to visit our website at www.tcinib.tc or our Facebook page to see detailed information on the recent legislative changes.

 

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