MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.

24th August 2017
:: Scheme Member | Drawing My Benefits | State Pension Age

State Pension Age
 
Why is State Pension Age important to me? The obvious answer is that at State Pension Age you will become entitled to receive any pension benefits that you have been credited with from the State Pension schemes. You might therefore expect to receive both your state pension and your employer’s pension benefits at State Pension Age. This may well be the case but the two benefits may also affect one another in ways that you don’t expect.
 
For example, if your employer’s pension scheme starts paying your benefits before State Pension Age, the amount they pay may change once you reach State Pension Age. So, if you are due to start receiving your employer’s pension before State Pension Age, you should check now to see whether it will change once you reach State Pension Age.
 
This is just one factor to consider in relation to State Pension Age.
 
To find out more, choose one of our free Factsheets on the right to match your category of membership.
 
 
Not sure which category of member you are? See our definitions:
 
 
 
 
 
See our Glossary for definitions of phrases in our Factsheets
       
 
 
 
 
 
  Defined Benefit scheme members
 
State Pension Age - for Active Members of Defined Benefit Schemes
State Pension Age - for Preserved Members of Defined Benefit Schemes
State Pension Age - for Pensioner Members of Defined Benefit Schemes
       
 
  Money Purchase scheme members
 
This Factsheet is not yet available for Money Purchase members.
This Factsheet is not yet available for Money Purchase members.
 
     

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