GLOSSARY

Normal minimum pension age definition

What does Normal minimum pension age mean?

From A-day, the earliest age at which a member is allowed to draw benefits from a registered pension scheme, other than in ill-health.

This is currently age 50. Scheme trustees must implement the new normal minimum pension age of 55 by 6 April 2010. Transitional regulations allow members to protect existing rights which were in place at A-day to receive their benefits at an earlier age.


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Normal minimum pension age is referenced 5 in Encyclopaedia of Forms and Precedents

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