State Pensionable Age definition

State Pensionable Age means a man's 65th birthday and in the case of a woman is determined in accordance with the rules contained in Paragraph 1 of Schedule 4 to the Pensions Act 1995.
State Pensionable Age means a man's 65th birthday and a woman's 60th birthday.
State Pensionable Age means, for the purpose only of these Rules (and in accordance with section 181(1) of the Pension Schemes Act), the age of 65 in the case of a male Member and the age of 60 in the case of a female Member.

Examples of State Pensionable Age in a sentence

  • Where a transfer payment is received in respect of a Member from another scheme ("the transferring scheme") which includes accrued rights of the Member to a GMP (or includes protected rights in respect of which the receiving scheme will provide a GMP) the earnings factors used in calculating that GMP will normally be revalued using Section 148 Revaluation during the Member's Contracted-Out Employment, and 6.1 above will apply if that Contracted-out Employment ceases before State Pensionable Age.

  • Where a Member ceases to be in Contracted-out Employment before State Pensionable Age, the Member's GMP at State Pensionable Age or at the Member's earlier death will be calculated by increasing the accrued rights to GMP at cessation of Contracted-out Employment under one of the options (A), (B) or (C) below.

  • The increase will be by such rate as regulations made under section 55(5) of the Act specify as being relevant at the date Contracted-out Employment ceases, for each complete tax year after the tax year containing that date up to and including the last complete tax year before the Member reaches State Pensionable Age (or dies, if earlier).

  • The increase will be by the percentage by which earnings factors for the tax year in which Contracted-Out Employment ceases are increased by the last order under section 148 of the Social Security Administration Act 1992 to come into force before the tax year in which the Member reaches State Pensionable Age (or dies, if earlier).

  • If the commencement of any Member's GMP is postponed for any period after State Pensionable Age, that GMP shall be increased to the extent, if any, specified in section 15 of the Act.


More Definitions of State Pensionable Age

State Pensionable Age means pensionable age within the meaning of section 122 of the Social Security Contributions and Benefits Act 1992(46);
State Pensionable Age means pensionable age as determined in accordance with the rules in paragraph 1 of Schedule 2 to the Pensions (Northern Ireland) Order 1995(a);
State Pensionable Age means the age of 65 in the case of a man and the age of 60 in the case of a woman or in either case such other age as legislation may determine as State pensionable age.
State Pensionable Age means a man’s 65th birthday and a woman’s 60th birthday. “Trustees” means the trustees or administrators of the Plan.
State Pensionable Age means a person's pensionable age in accordance with Schedule 4 of the Pensions Act 1995. 1.15
State Pensionable Age means pensionable age within the meaning of section 122 of the Social Security Contributions and Benefits Act (Northern Ireland)1992(82);
State Pensionable Age means pensionable age as determined in accordance with the rules in paragraph 1 of Schedule 4 to the Pensions Act 1995(20);