The Pensions Authority would like to place cookies on your computer to help us make this website better. To find out more about the cookies, see our Cookie Policy.

I accept cookies from this site You must tick the 'I accept cookies from this site' box to accept.

In order to personalise your content you must select all three options

Benefits payable on retirement

Early retirement

Most pension arrangements in the private sector permit members to retire early in certain circumstances. However, the benefits you receive are likely to be lower than they would otherwise be at normal retirement age.

In occupational pension schemes, early retirement is generally possible with the employer's and/or trustees' consent from age 50 onwards.

Under personal pension arrangements, retirement benefits can be taken from age 60.

Under PRSA arrangements, early retirement is possible from age 50.