You’d normally be able to start taking some of your pension benefits at 60, and some at 65. These are called Age60 benefits and Age65 benefits.
You can start taking some, or all, of your benefits as early as 55. This is the minimum age set by the Government.
If you take your benefits early, the amount you get will be reduced. So, before you decide what to do, make sure you understand how all the different options would affect you. Find out more in our ‘Flexible Pension Guide’ which can be found in the Media Library.
If you are 55 or over and would like a personalised quote for your estimated benefits at 60 and 65 you can email the Pensions Service Centre (contact details below) – remember to include your name, date of birth and membership number.
Benefits earned to 31 March 2012 are paid from the RMSPS. However, any increase in pre 2012 benefits in excess of statutory increases, attributable to increases in pensionable pay, will be paid by the RMPP.