1 September 2026
If you’re no longer paying into the Fund but haven’t yet accessed your benefits, you may be able to put off accessing them up to the age of 75.
The Fund’s normal retirement age is 65 but you may be able to defer payment so you start collecting your benefits later.
There are a number of factors which may influence your decision to defer the payment of your benefits, including any tax impact and when you receive any State pension.
If you have a pension account in the DC Section, it’s important to consider how delaying your retirement might affect your Fund investments. If you use the Fund’s default investment strategy, the investments switch automatically based on your target retirement age (TRA) – so if your TRA changes, you should consider updating your details on PlanViewer so that your investments follow suit. If you’re unsure about the impact of a delay on your investments, you should consider taking financial advice.