Local Government Pension Scheme

(asked on 30th January 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will take legislative steps to exempt members of the Local Government Pension Scheme from the proposed increase to the national minimum pension age in April 2028.


Answered by
Laura Trott Portrait
Laura Trott
Chief Secretary to the Treasury
This question was answered on 2nd February 2024

The normal minimum pension age is the lowest age at which the majority of members can take benefits from a registered pension scheme without incurring tax charges, except in cases of ill-health. It will increase from age 55 to age 57 in April 2028.

This change will not apply to members of the police, firefighters or armed forces public service schemes, nor to those whose scheme rules provide an unqualified right to take benefits before age 57. Members with these rights will have a protected pension age. Whether an individual has a protected pension age will depend on their pension scheme rules.

Although the Government keeps all tax rules under review, there are no plans to make any changes to this increase in the normal minimum pension age.

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