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Can we still benefit from early retirement?

Verified 01 January 2023 - Directorate for Legal and Administrative Information (Prime Minister)

No, no, no. It is no longer possible to apply for the special allocation from the National Employment Fund (FNE), known as early retirement-redundancy, since 10 October 2011.

Only dismissed employees who were already in receipt of the allowance at that date continue to receive it until the end of their entitlement.

The amount of the special allowance is calculated as follows:

  • 65 % of the reference salary, up to €3,666 per month,
  • 50% of this salary above, up to €7,332.

The minimum amount of the allowance shall be €32.79 per day.

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

Tableau - Conditions for the award of an automatic full rate pension

Year of birth

Retirement age

automatic full rate

Insurance period required for

to receive a full pension

1954

66 years and 7 months

165 quarters (41 years and 3 months)

1955 - 1956 - 1957

67 yrs

166 quarters (41 years and 6 months)

1958 - 1959 - 1960

67 yrs

167 quarters (41 years and 9 months)

1961 - 1962 - 1963

67 yrs

168 quarters (42 years)

1964 - 1965 - 1966

67 yrs

169 quarters (42 years, 3 months)

1967- 1968 - 1969

67 yrs

170 quarters (42 years and 6 months)

1970 - 1971 - 1972

67 yrs

171 quarters (42 years and 9 months)

1973 and beyond

67 yrs

172 quarters (43 years)