Early Retirement

Your Normal Pension Age in the LGPS 2015 is the same as your individual State Pension Age. This is the age at which pension will be paid without actuarial reduction or enhancement. There are provisions to pay pension benefits early if a member leaves employment on the grounds of redundancy, efficiency or ill health but separate rules and regulations apply in these cases.
 
It is also possible to retire early and get an LGPS pension at any age on or after your 60th birthday but the pension will be reduced by a set amount depending on how many years before your Normal Pension Age you wish to retire.