Donate SIGN UP

When can a person retire if they were 58...

Avatar Image
tiggerblue10 | 17:41 Mon 07th Feb 2011 | Business & Finance
16 Answers
...last summer? I know there have been some proposals/changes to the age limit but I don't know if it has already started or going to start. Knowing my luck my age group will have to work until 70!

Thanks
Gravatar

Answers

1 to 16 of 16rss feed

Best Answer

No best answer has yet been selected by tiggerblue10. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Question Author
Thanks Mosaic.
Question Author
Gone up to 62.
Depends on your company scheme but you won't get your state pension...I can retire at 55 on a reduced pension but need to work until I am 65 for the full amount
I knew I'd regret clicking that link :o/
If you are a nurse, you can take your NHS pension at 55, but you wouldn't get the State pension until the new due date. You can apply to the DWAP and ask them for a forecast though, quite interesting (if scary).
Question Author
I've done mine as well and I have to work till I'm 67 to get a full pension. I was just trying to get some info for my mum.
Question Author
I don't think my mum has worked where she is long enough to be able to get a decent civil service pension.
Ask her to use the on-line form to get a pension forecast - they'll give her a personal breakdown, it's useful.
Question Author
Will do Box, thanks :o)
I'm 55 and I can retire at 65 on a full pension but i could take my 3 private ones now
Question Author
Didn't think about the private ones. I don't know if she started one.
If you have not got enough NI contributions for a full [pension there is a scheme at the moment allowing you buy quite a few of your missed years but this is closing soon so you need to move quickly, I think it will then go back to allowing you to purchase 2 years worth only.
Question Author
Do you have a link Ubasses?
Sorry no. Saturdays Telegraph Your Money
Called buy back offer - there is a catch of course - available to anyone due to receive state retirement between April 2008 and April 2011 you can buy back 6 years (right back to 1975) but you have to have 20 years worth already. This is on top of the normal rules allowing you buy any you have not paid in the last six years. (sorry think I said 2 in my last post) Don't forget if you missed years looking after children or as a carer there are further years you can claim. Sure you would find this on Goverment site somewhere
Question Author
Thanks Ubasses, I'll have a look for it :o)

1 to 16 of 16rss feed

Do you know the answer?

When can a person retire if they were 58...

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.