RPSM08300000 - Scheme Administrator Pages: Pension age: Contents

Pension age: Contents

RPSM08300010What is meant by “pension age”?
RPSM08300020When can I pay a member their benefits?
RPSM08300030Do the scheme rules need to be amended?
RPSM08300040What happens if the scheme rules are not amended?
RPSM08300050What benefits can the member take?
RPSM08300060Does the member have to “retire” before I can pay out benefits?
RPSM08300070The scheme rules currently allow benefits to be paid before age 55 - what should I do?
RPSM08300080Can the scheme pay benefits on ill-health grounds?
RPSM08300090What happens if the member returns to good health?
RPSM08300100Do I need to make a report to HMRC of payment of ill-health benefits?
RPSM08300110How long should information be kept?
RPSM08300120When is the latest a member’s benefits can be taken?
RPSM08300130What happens if a member hasn’t taken his benefits by his 75th birthday?
RPSM08300140Do I need to make a report to HMRC?