Standard 18 - retiring age notification
Providing early notification prior to cessation of weekly payments helps to ensure that workers have sufficient time to prepare for cessation and make any necessary arrangements.
Retiring age notification
Principle: Workers affected by the 12-month limit to weekly payments after a worker reaches retirement age will be provided with appropriate notice prior to the cessation of weekly payments.
Expectation | Benchmarks | |
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S18.1 |
Insurers must provide written notification to a worker prior to ceasing weekly entitlements 12 months after a worker reaches retirement age and must include:
| Notification provided at least 13 weeks prior to cessation of weekly payments. |