Retirement: the final career
The average life span now in the Marshall Islands may have shortened over the years, and for the elderly workers who have constantly been bothered by chronic illnesses, they may not be able to look forward to a blissful retirement that may last 25 years or even 35 years.
In some countries where retirement is considered the final career, people make the two of life's most important decisions, WHEN TO RETIRE AND HOW TO SPEND THE FOLLOWING YEARS. These decisions requires just as much planning and foresight as the careers they are leaving behind.
Making your dream of having a secure and comfortable retirement is much easier when you consider differentoptions available as you prepare for the future. If you are already near retirement age, you can:
- get information about MISSA's retirement programs
- get information about how your immediate family members may qualify for benefits
- download application forms
- inquire about your contributions and estimated benefits upon retirement (as this is not yet available online, you need to see personally our claims and benefits specialists and ask for a copy of your wage history and Individual ICE Calculation Worksheet)
- get information about EARNINGS TEST, if you plan to continue working after you retire
- get information about payment to non-citizens if, after retirement, you leave the Marshall Islands for more than six months
- get information about proposed legislations that if passed into laws, may change the amount of your future benefits and the financial viability of the Marshall Islands Social Security System