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The Retirement Notice Letter To Employee is a crucial document in Saudi Arabian employment relations, required when an employee reaches the statutory retirement age (60 for men, 55 for women in the private sector) or opts for voluntary retirement where permitted. This document serves multiple purposes: it formally notifies the employee of their retirement date, outlines their entitlements under Saudi Labor Law, and initiates the retirement process. The letter must be compliant with Saudi Labor Law (Royal Decree No. M/51) and Social Insurance Law regulations, particularly regarding end-of-service benefits and pension arrangements. It typically includes specific details about final settlements, benefit calculations, and handover procedures, serving as a key reference document for both the organization and the retiring employee. The timing and content of this notice are important considerations, as they may affect both the employee's retirement planning and the organization's succession planning.

1. Letter Header: Company letterhead, date, reference number, and employee's contact details

2. Subject Line: Clear indication that this is a retirement notice

3. Opening Statement: Formal acknowledgment of the employee's retirement and reference to any prior discussions

4. Retirement Date: Clear statement of the effective date of retirement

5. Service Recognition: Acknowledgment of the employee's years of service and contributions

6. End of Service Benefits: Overview of the end-of-service benefits calculation as per Saudi Labor Law

7. Final Settlement: Information about final salary, unused leave, and other entitlements

8. Handover Requirements: Instructions regarding the handover of company property and work responsibilities

9. Closing Statement: Expression of appreciation and good wishes

10. Signature Block: Company representative's name, title, and signature