Are non-executive directors entitled to a pension after retirement?

Non-executive directors typically do not receive a pension after retirement, as their role generally differs from that of executive directors. Non-executive directors are not usually on the payroll in the same way and are often compensated for their service through fees rather than a salary or pension scheme. Their involvement is primarily to provide independent oversight and expertise rather than to be involved in the day-to-day management of the organization.

While some organizations may offer benefits like pension schemes to non-executive directors, it is not a standard practice and largely depends on individual company policies. Hence, the assertion that non-executive directors are entitled to a pension after retirement is generally inaccurate, aligning with the answer that states this is false.

Other options might suggest that certain conditions apply for pension entitlement or exclusive terms based on duration of service, but these do not reflect the broader principle that non-executive directors are not entitled to pensions as a standard practice.