If you are of pension age, assuming you satisfy certain contribution conditions, you may claim your old age pension. Find out more information about old age pensions here.
If you have been paying into a private pension, whilst your contributions are tax exempt up to a limit, your pension will be included in your taxable income. Find out more about tax on pensions here. You will need to inform the Income Tax Office when you retiring.
Residents of Guernsey, Alderney, Herm and Jethou, who are registered with Social Security, are entitled to specialist medical treatment provided through the Medical Specialist Group. Social Security also operates a long-term care scheme. If you are of pension age, you do not have to pay social insurance contributions but you do have to pay health insurance and long-term care contributions towards the scheme. These contributions are payable by people of pension age and are based on assessable income.