Practical Law UK Glossary 5-204-0445 (Approx. 5 pages)
Glossary
Normal minimum pension age
Normal minimum pension age is the youngest age at which a member of a registered pension scheme can ordinarily expect to take their benefits, unless they satisfy the ill-health condition. It is defined in section 279(1) of the Finance Act 2004 as age 50 before 6 April 2010, age 55 on and after that date but before 6 April 2028, and age 57 on and after 6 April 2028. Transitional provisions protect members who had a pre-existing right to draw an early retirement pension:
From an age younger than 55 on and after 6 April 2010.
From an age younger than 57 on and after 6 April 2028.