In Trinidad and Tobago, retired employees (65 for voluntary retirement or 65 for mandatory retirement) are placed in Class Z of the NIS Schedule.

• For employees who have retired at age 60, the employer alone pays contributions.  The contribution amounts are based on the retired employee's earnings and the relevant NIS Schedule.  
• For employees who have retired at age 65, the employer alone pays $1.00 per week.
• NO CONTRIBUTIONS ARE TAKEN OUT FROM THE RETIRED EMPLOYEES' SALARIES

In HRplus, enter a cycle change to place these retired employees in Class Z so that the correct employer contributions will be processed and displayed on the relevant reports.