Early retirement

Last edited: May 13, 2026 Published: May 13, 2026

Guidance on the reduction in benefits for members who retire before they have a right to take unreduced benefits, ie. on the voluntary early payment of pension.

DatedOperative dateDocument(s)Extant?
14 May 202414 May 2024GuidanceYes
17 April 20203 July 2023Factor spreadsheet version 2023-04b
Transitional measures
Yes
17 April 202028 April 2020GuidanceNo unless transitional measures apply
12 March 201912 March 2019Factor spreadsheetNo
26 February 20151 April 2015GuidanceNo

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