Normal Retirement Age: 60 or 65?

[ricta]

Hi,
I recently changed employers. I was in a DB pension scheme, that pension and avc's are deferred until 65. I am now in a DC scheme. I am filling a form to start a Standalone AVC PRSA to try and supplement the relatively poor DC scheme. One question in the form is "Normal Retirement Age?". I have a contractual retirement age of 65, but when I looked at the detail of the DC scheme my Normal Retirement Age in there is 60. Any suggestions whether I should put 60 or 65 in the PRSA AVC form? Are there any implications? I am trying to find out what my employers position will be on their DC contributions after 60, i.e. will they stop, and indeed will I be able to continue contributing! Answers are slow to materialise!
regards,
Ricta

 

[Towger]

It is going to be 66 in 2014, 67 in 2021, and 68 in 2028 for the state pension. Your new employers need to have a think and update their documentation.

 

[LDFerguson]

The NRA on your AVC PRSA must be the same as the NRA on the DC scheme you're now a member of. From your post this sounds like 60.