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Pensions

Retirement

What is the Normal Retirement Age?

The minimum Normal Retirement Age for all members of the Scheme is linked to the current State Pension Age. The State Pension Age is currently 66 years but this is due to increase as follows:
Age 67, if born between 1 January 1955 and 31 December 1960;
Age 68, if born after 1 January 1961.

The Pensions Office will automatically contact you before your normal retirement age to outline the retirement process and provide details of your scheme entitlements.

The Trinity College Pension payable on retirement is in addition to any entitlement to the State Contributory Pension that may be payable separately by the Department of Social Protection.

What is the maximum retirement age?

The maximum retirement age in the Scheme is 70 years. If you elect to continue working after your normal retirement age you will continue to accrue benefits until you decide to retire or reach the maximum age of 70 years.

Can I retire early?

It is possible to take early retirement from active employment once you have reached the age of 55 years. Early retirement benefits will be based on your accrued pension at date of retirement and will be reduced to take account of early payment.

Should you wish to explore early retirement please contact the Pensions Office.

What else do I need to know?

If you are approaching retirement or considering taking early retirement you should read the University's Policy on Retirement from the University (pdf 216 kb).