The Department of Education has released figures showing that 80% of teachers retire before their 65th birthday. Teachers are allowed to voluntarily retire after the age of 55 if they have accumulated 35 year’s service. If they don’t have the required number of year’s service, they must retire at the end of the school year, during which they turn 65.
Teachers aged between 50-60 years of age, may also retire on a reduced pension if the required number of year’s service have not been attained.
The exception to this rule is new entrant teachers who start after April 2004, who must work until they turn 65.