This retirement policy is intended to guide the retirement of employees from the workforce. It is an essential policy for any employer that has retained a fixed retirement age and has employees at or approaching that age.

Current legislation prohibits the compulsory and routine retirement of employees. However, if the company can justify having a fixed retirement age then they may still dismiss an employee who reaches that age. This policy sets out what steps a company should take when considering relying on a fixed retirement age, and these steps are set out in a simple and easy to follow way.

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. This policy seeks to address that risk for businesses where a fixed retirement age can be justified.

The retirement policy template is 3 pages long (including the cover) broken down into the following sections:

- Purpose
- Definition and Scope
- Principles
- Procedure

See also our retirement policy with no default retirement age.