In terms of the definition of “normal retirement age” in sec 1 of the Income Tax Act, “normal retirement age” means –
• In the case of a member of a pension- or provident fund, the date on which the member becomes entitled to retire from employment for reasons other than sickness, accident, injury or incapacity through infirmity of mind or body;
• In the case of a member or a retirement annuity fund, a pension preservation fund or a provident preservation fund, the date on which the member attains 55 years of age; or
• In the case of a member of any fund contemplated in this definition, the date on which that member becomes permanently incapable of carrying on his/her occupation due to sickness, accident, injury or incapacity through infirmity of mind or body