TRICKS AND TRAPS OF EMPLOYEES WORKING BEYOND RETIREMENT AGE
Did you know that South Africa has no legislated retirement age? That’s right. Often parties are left to agree on a retirement age. This could be done through either having an agreed retirement age recorded in an employment contract, a retirement age becoming an established practice through a policy or through a linked compulsory retirement fund.
However, what happens where none of the above are in place? How and who determines at what age an employee must retire?