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At what age can one retire in the private sector?

Verified 02 avril 2021 - Legal and Administrative Information Directorate (Prime Minister)

Pension reform project

One universal pension bill shall be examined by Parliament. The retirement rules will be amended. Until the law is published, the information on this page remains current.

The legal age at which you are entitled to retire is set at 62 years.

You may retire before age, under conditions, if you are in one of the following situations:

From age 62, you can apply to retire at any time.

Your departure date must be 1to day of the month you choose.

If you want to retire as soon as you reach age 62, you can leave on the following date:

  • 1to day of the month following the month in which you turn 62
  • Be from your birthday if you were born on the 1stto day of one month.

Example :

An employee born on 10 October 1959 will reach 62 years of age on 10 October 2021. He can apply for retirement, if he so wishes, from 1to November 2021. If he was born on 1to October 1959, he can leave on the 1to October 2021.