Human Resources

Retirement Procedure

The minimum age for retirement, with the employer’s consent, is normally age 55 (the only potential exception to this being a retirement on the grounds of ill health).

If an employee has decided that they wish to retire, they should inform their line manager of their intention in writing as far in advance as possible. This will be helpful for College succession planning and to allow sufficient time for the individual to obtain and consider pension quotations.

As a minimum, employees are required to give written notification of any resignation (including retirement) to their manager as outlined in their contract of employment, but the following timescales should also be taken into consideration when planning a retirement date:

  • A period of up to 4 weeks for the pension provider to provide a quotation
  • A further period of between 6-8 weeks for the pension provider to process a formal request to release pension funds on the date of leaving (or the date of flexible retirement, if appropriate).

It is therefore advisable, regardless of the contractual notice period, to allow at least twelve weeks for pension information and processing prior to the intended retirement date.

Human Resources will write to the employee acknowledging the employee’s notice to retire.

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The HR team is based on the first floor of Egmont House
Postal address: Human Resources, Birkbeck, University of London, Malet Street, London WC1E 7HX