Early retirement

As a Section B member, your Normal Pension Age (NPA) is 60 for benefits built up before 1 April 2009 and 65 for benefits built up after that date.

You can retire early and take your pension at any time from age 50, but you must leave the Company to do so before age 55.

As long as you meet HMRC regulations and have the company's agreement, you can take your pension at any time from age 55 while continuing to work for the company.

Benefits built up before 1 April 2009 must be taken at the same time as benefits built up from 1 April 2009, and cannot be drawn at different times.


Frequent questions

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