International Financial Services Centres Authority (Employees' Service) Regulations, 2026 Chapter II APPOINTMENTS, PROBATION AND TERMINATION OF SERVICE
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Superannuation and retirement govern mandatory retirement, voluntary exit, retirement schemes, compensation, and treatment of unavailed earned leave. Employees superannuate at 60 years, ordinarily on the last day of the month in which that age is attained. The Competent Authority may retire eligible ... Summary
Superannuation and retirement govern mandatory retirement, voluntary exit, retirement schemes, compensation, and treatment of unavailed earned leave.
Employees superannuate at 60 years, ordinarily on the last day of the month in which that age is attained. The Competent Authority may retire eligible employees after 90 days' written notice and an opportunity for written submissions. Employees meeting the prescribed age or service threshold may voluntarily retire with 90 days' written notice, and a voluntary retirement scheme may be offered to whole-time employees. Unavailed earned ordinary leave, up to 300 days, may be taken subject to conditions or encashed with applicable pay and allowances.
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