If you're retiring because of ill-health you may be able to take your benefits before the set age.

Retirement age and claiming your pensionĪlthough you can retire at any age, you can only claim your State Pension when you reach State Pension age.įor workplace or personal pensions, you need to check with each scheme provider the earliest age you can claim pension benefits.

You need to know all your pension options to make sure you'll have enough to live on in retirement. The greatest impact, they predicted, will occur in the housing market.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. Regardless of the reason for its emergence, careful writers stay away from the trendy impact and use affect when they mean, well, affect or influence.Įxample: According to leading economists, recent changes in fiscal policy will affect the economy. Perhaps many people turned to impact simply because they didn’t know the differences between affect and effect. Fully 95% of most panels disapprove of the use of impact to mean “affect.” The use of impact as a verb sets the teeth of usage panels on edge. Originally, it meant “to fix or pack in.” Then it acquired a transitive meaning of “striking with great force.”īut now many business people, academics, governmental officials, and others use impact to mean “affect.” Many of them have changed the word into an intransitive verb and use the expression impact on. Technically, impact as a verb has been around for several hundred years.

Traditionally, the word impact served as a noun, but recently it has transformed into a trendy verb. Here’s another one of those fancy words many people misuse.

Effect on