RPSM08100020 – Technical Pages: Pension age: Low minimum pension ages

Low minimum pension ages

s165(1)

It is not permissible for a registered pension scheme to have a normal minimum pension age lower than age 50 (or 55 by 6 April 2010).

This applies equally to individuals within certain occupations who customarily retire before age 50 (for example, professional sports people or individuals in hazardous occupations).

Individuals with a low pension age prior to 6 April 2006 may be able to take their benefits earlier than age 50 or age 55 (after 5 April 2010) subject to certain conditions set out in RPSM03106010 onwards.

Glossary RPSM20000000