The earliest age for taking pension rises to 55 from April 2010. As of the 6th April 2010, the earliest age a member of a registered pension scheme can take their pension (other than on ill-health grounds) will rise from the age of 50 to 55.
However, a member may still be able to take their pension from the age of 50, if they have a “protected pension age”.
Written by our HR Expert Simone Greasley. Contact her if you need any help in this field.