Richard Bruton (Dublin North Central, Fine Gael)
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Question 372: To ask the Minister for Social and Family Affairs if directives or guidelines have been issued to pension fund managers, or if directives or guidelines have been issued by agencies acting on his authority regarding the provision of early pensions to persons who retire before reaching 65. [34117/05]

Séamus Brennan (Dublin South, Fianna Fail)
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The normal retirement age allowed by an individual occupational pension scheme, approved by the Revenue Commissioners for tax relief purposes, may be any age within the range 60 to 70 years. However, Revenue rules also allow for early retirement from age 50 and for retirement due to ill health at any age. Section 31(e) of the Social Welfare and Pensions Act 2005 provides that trustees of a scheme may refuse a request for early retirement where this would have an adverse effect on the funding of that scheme.