Paying contributions if you retire
If you’re over 60 and have fully retired from work, you can choose to opt out of paying contributions.
Before making this choice, you should talk to us to make sure that you fully understand how your rights to benefits may be affected.
You’ll stop paying contributions from the first day of the month after the month in which you applied.
Pay contributions and instalments
How to apply
You need to:
download the 'over age 60 election' form below or collect one from the Social Security Department
complete the form and return it to us
take your birth certificate and Social Security registration card (if you have one) with you to the department
Over 60 election form
Change in circumstances
If you start work again, even part-time, talk to us about the possibility of re-starting your contribution payments.
If you haven’t paid contributions, this will lead to a gap in your contribution record. Any gaps you have in your record can affect any contributory benefits.