Retirement age

[brokebloke]

Hi All,

New to this...Last year I joined a group pension scheme in the company I'm with.The pension is managed by AIB.What my question is in the plan my estimated retirement age is 65... if the government raise retirement age does this mean that this pension will not be available until the new age is reached?

Thanks

 

[boaber]

No, you will be able to get your pension (and tax free lump sum) at age 65.

If it's a Defined Contribution scheme, it's highly unlikely that the Trustees of the scheme would increase the Normal Retirement Age of the scheme.