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» Late Retirement
Late Retirement
Members who wish to work beyond their Normal Pension Age may do so. Pensions are enhanced for payment after pension age by 0.02% a day (7.3% per annum).
Late Retirement Enhancement Example - Working an extra 6 months
Woman retires aged
67 years and 6 months
State Pension Age/Normal Pension Age
67
Pension before/
after
Enhancement
£8,000
/£8,205