This retirement policy is intended to guide the treatment of employees where the company has no fixed retirement age. It is an essential policy for any employer that has employees at or approaching the age they would have previously retired.

Current legislation prohibits the compulsory and routine retirement of employees. This policy sets out in a simple and easy to follow way how employers may take steps to plan their business when employees wish to voluntarily retire or change their role.

Attempting to compulsorily retire an employee can not only result in the unfair dismissal of that employee, but can also result in a claim for age discrimination.

The retirement policy template is 2 pages long (including the cover) broken down into the following sections:

- Purpose
- Definition and Scope
- Principles
- Procedure

Click on the link below to view the first few pages of the retirement policy:

SAMPLE RETIREMENT POLICY