Can I be retired and work at the same time?
The general rule is that the pension is incompatible with being employed or self-employed and being registered with the social security system. However, there are a number of exceptions:
- Partial retirement allows the worker, in agreement with their employer, to reduce their working hours by between 25% and 50% and to receive the retirement pension in inverse proportion to the reduction in working hours. If the worker has not reached regulatory retirement age, their company must arrange a relief contract with another worker.
- Active retirement makes it possible to combine the retirement pension with a full-time or part-time job as an employee or self-employed person, as long as the retirement has taken place after the normal retirement age and with a percentage applicable to the regulatory base of 100% for having a full career of contributions. During active retirement, 50% of the pension is paid. However, if the activity is carried out on a self-employed basis and proof is provided that at least one employee is employed, the amount of the pension compatible with work will reach 100%. .
- Flexible retirement allows a person who is already a pensioner to start a part-time job with a reduction in working hours of between 25% and 50% of the normal working hours, and to combine this with the pension they were receiving, reduced in proportion to the percentage of working hours worked part-time.
- The retirement pension is also compatible with self-employment if the total annual income does not exceed the amount of the annual minimum professional wage.
- The contributory retirement pension can also be combined with the development of an activity of artistic creation for which income is received from the ownership of intellectual property rights.
Furthermore, the employer's retirement pension is compatible with merely maintaining ownership of the business or commercial establishment, so long as they do not carry out any work.
For personalised information, it is advisable to go to any of the Social Security Assistance and Information Centres (CAISS).