The following is a response to enquiries about pensionable age as recommended by the Report of the Commission of Inquiry into the Public Service.
“Chapter 6: Retirement Age for Public Servants
64) That the retirement age for new entrants into the Public Service, and those
currently in the Public Service who are below 50 years, be retired on attaining 65
years of age, with the option of retiring on attaining 60 years;
65) That pension entitlements be calculated at a maximum of 43 and one-third
66) That Public Servants who are currently below 55 years of age, be allowed the
option to retire on attaining 60 years or any time before 65 or on attaining 65
years of age;
67) That no person retiring from the Public Service before attaining the age of
65 years should be employed on contract in an established Public Service
68) That the Pensions Act Chapter 27:02 be amended as may be required to provide
for higher pensions as the result of the higher retirement age;
69) That consideration be given to increasing the monthly pensions of retired
Public Officers, who are in receipt of the minimum pension, to a level which is
equal to or closer to the Public Service minimum wage/salary.”
Incidentally it has been rumoured that one reason for the non-implementation of any of the above is the alleged objection from the Guyana Public Service Union to any age adjustment. Whether so or not it is important to emphasise that this has never been a negotiable condition of employment. Reference to 68) above would confirm that the disposition of pensions is subject to the relevant Act Cap. 27:02.
Hope the above information will be of use to interested public servants and their employers.