When you can take money from your pension pot will depend on your pension scheme's rules, but it's usually after you're 55. The earliest you can get your State Pension is when you reach your State Pension age.Early Retirement:​​ Vested and between age 55 and 60. There is a penalty for Early Retirement. If you retire early, or stop work due to redundancy, ill-health or other reasons, your State Pension and other pensions you're entitled to may be affected. The earliest age you can take your pension will increase from age 55 to 57 from 6 April 2028. This will apply to flexible retirement too. The minimum pension age in the 2008 Section is 55. Application for Retirement(PDF, 316KB) – includes a listing of all forms necessary to apply for retirement. Explore our comprehensive guide to see the pros and cons of early retirement, other benefits, and your pension options.