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Jargon Buster

Actuarially Reduced Early Retirement

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When you retire (claim your pension) early, before the Scheme’s Normal Pension Age, except Ill Health Retirement, you must be over the Scheme’s Minimum Pension Age, also known as Early Retirement and by its initials, ARER

Retirement Ages NPA MPA – Protected MPA for 2105 is 55

Also known as Early Retirement











    Our Jargon Buster or Glossary of Terms

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