Section 18: Pensions

(1) Service in the Institute shall be public service for the purposes of the Pension Reform Act and accordingly, pension is contributory and officers and staff are entitled to pensions, gratuities and other retirement benefits on a pro-rata basis as prescribed by the Pension Reform Act. [Act No. 4,2014]
(2) Notwithstanding anything to the contrary in the Pension Reform Act, the compulsory retirement age of academic staff of the Institute shall be 65 years.
(3) A law or rule requiring a person to retire from the public service after serving for 35 years shall not apply to an academic staff of the Institute.