The protected pension age easement will expire on 1 November 2020

07 October 2020

Within HMRC’s most recently published Pension Schemes Newsletter, initially it was advised that there was no official end date for the protected pension age easement, which was extended until 1 November 2020. In an update to the newsletter, it has now been confirmed that no extension will be put in place, and the easement will expire on 1 November 2020.

The easement was implemented in response to the outbreak of coronavirus, and meant that anyone who had retired, but returned to work due to COVID-19, would retain their protected pension age, even in scenarios where they had been re-employed in the same job. The easement also meant that individuals in this situation would not be subject to an unauthorised payment charge.

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