A member may retire from service upon reaching pensionable age of 65 years. Upon retirement a member is entitled to a lump sum payment and a monthly pension calculated on the basis of his or her pensionable emoluments and service of at least 10 years.
With the consent of the Public Service Commission, a member may retire from service upon or after having attained the age of 55 years. Upon retirement a member is entitled to a lump sum payment and a monthly pension calculated the same way as for normal retirement.
Ill Health Retirement/ Abolition of Office (After 5 Years or More Pensionable Service)
If a member retires due to ill health or abolition of office after pensionable service of 5 years or more he or she is entitled to a lump sum payment and monthly pension.
Death in Service
If a member dies in service, after contributing for at least 5 years, the surviving spouse is paid a lump sum amount and monthly pension for life. A percentage of spouse pension will be paid to children up to the age of eighteen. Children’s pension is doubled if there is no surviving spouse.
Death after Retirement
If a former member dies while on pension, the surviving spouse‘s pension is paid for life and children’s pension up to the age of eighteen years.
Once-off payment benefits are payable to members who terminate service and do not qualify for a pension and these are:
- Members who resign
- Members discharged from service
- Members who are discharged on medical grounds with less than 5 years service
- Members whose posts are abolished and their service are less than 5 years.
- Surviving spouse(s) or dependants of a member who dies in service having served for less than five years.
If a member resigns after contributing for at least 25 years, he or she can elect before attaining age of 59 and a half years, in lieu of a refund plus gratuity, for a deferred pension payable on his or her 60th birthday.
In the event that member opts for deferred pension and dies before 60th birthday, spouse and children’s pension becomes payable a day after death.