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Deferred USS pension taken early - calculated based on 65 or 67 retirement age?

ademanuele · 2021-11-09 08:10:02

I am a deferred member of the USS pension scheme and do not get to retirement age for another 10 years (67). I left my post in 2014 to become a deferred member and my contract stated that "You will be required to retire at the age of 65." If I retire early and take an actuarially reduced pension, should it be based on me…

Comments

SMcGill Posts: 295 Forumite

9 November 2021 at 7:01PM

Also worth noting that contracted age does matter, in my case at The OU my contracted age was 60. That changed in 2015 but it means that around half my pension is due at 60 and I will only pay an Early Retirement Factor on the other half accrued after 2015.

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