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STATUTORY RETIREMENT PROCEDURES EFFECTIVE UNTIL OCTOBER 2011 A statutory procedure currently applies to dismissals on grounds of retirement, and failure to comply with this could lead to claims of unfair dismissal and/ or a penalty of eight weeks' pay.
Employers need to ensure that employees in their final year of employment are “flagged up" by payroll or HR and taken through the procedure at least six months and no more than twelve months before their expected retirement date.
Employers are required to give written notification to employees at least 6 months (but not more than 12 months) in advance of the employees intended retirement date and their rights in this respect.
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