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Document Can I take Actuarially Reduced Early Retirement?

The earliest age that you can draw your pension under Actuarially Reduced Early Retirement (ARER) is known as the minimum pension age. This varies depending on the Section of the Scheme that you are in and when you started pensionable employment. In the unlikely event that your reduced pension is less than the Guaranteed Minimum Pension (GMP), you will not be able to take ARER benefits. We will advise you if this is the case and your options will be explained.

If you were an active member of the 1995 Section of the Scheme between 31 March 2000 and 5 April 2006 you may take your pension from age 50. If you were a new entrant after 5 April 2006 then you cannot take your pension until age 55. Deferred members who later return to the NHS Pension Scheme and join the 2008 Section are unable to claim the pension built up in the 1995 Section until age 55.

If you left the scheme before 31 March 2000 you will not have the option to take early retirement unless you have returned to the 1995 section of the Scheme on or after 06 April 2000. If you return before 05 April 2006 your minimum pensionable age will be 50, otherwise it will be 55.

The minimum pension age in the 2008 Section of the Scheme is 55.

The minimum pension age in the 2015 Scheme is currently age 55.

You can choose to take voluntary early retirement from the minimum retirement age and receive reduced benefits.

In all cases you must have at least two years qualifying membership in the Scheme to receive a pension.

For more information, please see the applying for your pension page on our website.

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