The government has launched a consultation reconfirming its intention to legislate the increase of the normal minimum pension age from age 55 to 57 in 2028. It also seeks views on the proposed protection regime under which certain scheme members retain their current rights (broadly, it is proposed that where the pension scheme rules currently allow the individual to take pension benefits at an age below 57, the individual will be protected from the increase in 2028). The consultation closes on 22 April 2021.
The government has launched a consultation reconfirming its intention to legislate the increase of the normal minimum pension age from age 55 to 57 in 2028. It also seeks views on the proposed protection regime under which certain scheme members retain their current rights (broadly, it is proposed that where the pension scheme rules currently allow the individual to take pension benefits at an age below 57, the individual will be protected from the increase in 2028). The consultation closes on 22 April 2021.
