Deferred Pensions

If you are no longer employed by one of the participating employers but have chosen to leave your benefits in the Scheme, your pension is known as a deferred pension. 

Your deferred pension will be increased in line with the scheme rules. 

You usually take your pension at age 65 but you may be able to take a reduced one from age 55. 

You will need to ensure that you keep the Scheme advised of your current address. We will contact you 6 months before your normal retirement age with your retirement options, and at that time you will need to decide whether to claim your pension from age 65 or to defer it. 

If you wish to retire early you should contact Equiniti.