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Since 6 October 2020 the age that you can collect your State Pension has been age 66 for men and women.

In 2014, following the consultation on ‘Freedom and Choice in Pensions’, the Government announced it would increase the NMPA to from 55 to 57 in 2028 to coincide with the rise of State Pension age increase from 65 to 67.

You may have some concerns around the rise in inflation, causing an increase in the cost of living. This is front of mind for the Trustees of the Plan who are considering the impact of this on our members.