Normal minimum pension age

Resource type: Glossary item

Status: Maintained

Jurisdictions: England, Scotland, Wales

Normal minimum pension age is the youngest age at which a member of a registered pension scheme (www.practicallaw.com/5-201-6474) can ordinarily expect to take his benefits. It is defined in section 279(1) of the Finance Act 2004 as age 55 since 6 April 2010, and age 50 before that date. Transitional provisions protect members who had a pre-existing right to draw an early retirement pension from an age younger than 55 after 6 April 2010.

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Resource ID: 5-204-0445
Products: PLC Glossary, PLC Magazine (UK), PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Finance, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Public Sector, PLC UK Share Schemes & Incentives
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Topics

Administering Pension SchemesAdministering Pension Schemes (http://pensions.practicallaw.com/8-205-7953)
Challenging the Pensions RegulatorChallenging the Pensions Regulator (http://pensions.practicallaw.com/9-382-3118)
Common Issues in Disputes: PensionsCommon Issues in Disputes: Pensions (http://pensions.practicallaw.com/5-380-8695)
Court Proceedings: PensionsCourt Proceedings: Pensions (http://pensions.practicallaw.com/3-380-8696)
Internal Dispute Resolution Procedures: PensionsInternal Dispute Resolution Procedures: Pensions (http://pensions.practicallaw.com/1-380-8697)
Members, Benefits and Pension SharingMembers, Benefits and Pension Sharing (http://pensions.practicallaw.com/9-103-1341)
Miscellaneous: Pensions and Retirement BenefitsMiscellaneous: Pensions and Retirement Benefits (http://pensions.practicallaw.com/1-103-1340)
Ombudsmen and Tribunals: PensionsOmbudsmen and Tribunals: Pensions (http://pensions.practicallaw.com/9-380-8698)
Pension Scheme DocumentsPension Scheme Documents (http://pensions.practicallaw.com/9-205-7957)
Pension TrusteesPension Trustees (http://pensions.practicallaw.com/4-207-2074)
Pensions and EmploymentPensions and Employment (http://pensions.practicallaw.com/4-379-8239)
Policy and Reform: Pensions and Retirement BenefitsPolicy and Reform: Pensions and Retirement Benefits (http://pensions.practicallaw.com/0-103-1345)
Reorganisations and Outsourcing: PensionsReorganisations and Outsourcing: Pensions (http://pensions.practicallaw.com/0-379-8241)
Sales and Acquisitions: PensionsSales and Acquisitions: Pensions (http://pensions.practicallaw.com/2-103-1349)
Tax and Accounting: PensionsTax and Accounting: Pensions (http://pensions.practicallaw.com/8-103-1346)
Winding-up and Insolvency: PensionsWinding-up and Insolvency: Pensions (http://pensions.practicallaw.com/5-205-7959)

Practice note: overview

Increase in minimum pension age: a quick guide Increase in minimum pension age: a quick guide (http://uk.practicallaw.com/topic6-501-0915)
Pensions tax: overview Pensions tax: overview (http://uk.practicallaw.com/topic6-204-0440)

Practice notes

Early leavers: preservation and revaluation requirements Early leavers: preservation and revaluation requirements (http://uk.practicallaw.com/topic2-385-1322)
Ill-health early retirement pensions Ill-health early retirement pensions (http://uk.practicallaw.com/topic8-224-7005)
Key topics citator Key topics citator (http://uk.practicallaw.com/topic9-375-8349)
Pensions issues for internationally mobile employees Pensions issues for internationally mobile employees (http://uk.practicallaw.com/topic0-238-2974)
Pensions tax: transitional protection Pensions tax: transitional protection (http://uk.practicallaw.com/topic1-208-3955)

Glossary

Capped drawdown Capped drawdown (http://uk.practicallaw.com/topic2-507-1114)
Drawdown pension Drawdown pension (http://uk.practicallaw.com/topic7-507-1079)
Flexible drawdown Flexible drawdown (http://uk.practicallaw.com/topic4-507-1108)
Pension commencement lump sum Pension commencement lump sum (http://uk.practicallaw.com/topic5-204-0426)

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