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Can one still benefit from early retirement dismissal?

Verified 01 January 2022 - Legal and Administrative Information Directorate (Prime Minister)

No. It is no longer possible to apply for the special allowance of the National Employment Fund (NFE), preretirement-termination, since 10 October 2011.

Only those employees who had already received the allowance on that date continue to receive it until the end of their rights.

The amount of the special allowance is calculated as follows:

  • 65 % of the reference salary up to €3,428 per month
  • 50 % of this salary beyond €6,856.

The minimum amount of the allowance shall be €32.53 per day.

The allowance shall be paid at the latest up to the age at which the beneficiary is automatically entitled to a full-rate pension. This age varies according to the date of birth of the beneficiary, under the following conditions:

Conditions for the award of an automatic full rate pension

Year of birth

Retirement age

automatic full rate

Insurance time required for

a full-rate pension

1954

66 years and 7 months

165 quarters (41 years and 3 months)

1955 - 1956 - 1957

67 years

166 quarters (41 years and 6 months)

1958 - 1959 - 1960

67 years

167 quarters (41 years and 9 months)

1961 - 1962 - 1963

67 years

168 quarters (42 years)

1964 - 1965 - 1966

67 years

169 quarters (42 years and 3 months)

1967 - 1968 - 1969

67 years

170 quarters (42 years and 6 months)

1970 - 1971 - 1972

67 years

171 quarters (42 years and 9 months)

1973 and later

67 years

172 quarters (43 years)