Nhs normal pensionable age

[Hohofortherobbers]

I have 15 yrs in the 1995 section, normal pensionable age 60 and 10 yrs in the 2015 section, normal pensionable age 68. So 2 NHS pensions.
I see colleagues retiring and returning aged 55, is this something I'd be able to do with a rejig of the figures, or am I condemned to work till 60 at least?
I'm 46 so a bit young to be properly planning this and lots may change but I'd like to have a goal in mind.
I currently think I'd like to retire age 55 and work on NHS professionals so I could pick my shifts and take holidays when I choose.
If I can do this do I get a lump sum from one/both of the sections aged 55 and start receiving a pension/s or do I get a lump sum/s and delay pension to age 60/68.
Any insight gratefully received.

There is no lump sum with the 2015 pension

As soon as you take the lump sum from the 1995 scheme you have to take the pension.

There were some jobs that had special status and could retire with no loss of pension at 55. Psychiatrists were one group and some nurses I believe. So if you retired at 55 you'd lose some of your pension.

I retired at 60 and took both my 1995 and 2015 pension ( I fall into the group affected by the McCloud report and I'm still waiting for the re calculation of my pension to take this into account)

Taking my 2015 7 years early didn't really make a huge difference

I could have retired and returned at 60 and continued to pay into the 2015 section but couldn't deal with the job any more.

You may be able to do this but you've a long time to go and the rules may change.

Thank you for your response, so my plan to retire and access at least 1 of my pensions at 55 may be possible, but will understandably reduce the amount I receive if I access it early.
I was looking at my total reward statement yesterday and there was an estimated lump sum on my 2015 section.

When I retired from the NHS about 5 years ago they reduced your pension by 5% for every year early you retired by. So if your retiral age is 60 and you retire at 55 you lose 25% But I was in the 1995 scheme.. I think you should speak to a pension advisor as you could lose out by quite a bit .

You can change some of your 2015 pension into lump sum rather than pension. You should have a good read on the NHS Pensions website there is lots of information there in addition to what is on your TRS statement including the actuarial reduction figures for each month you go earlier than the normal pension age.
The grouping that could go at 55 with no reduction were some nurses and those with mental health officer status, not sure about nursing but psychiatric doctors no longer get MHO status.

The rules on reduction are different for 2015 and 1995 as well I think

Google "nhs pensions - early retirement factsheet" .

The factsheet Gives you details of the reductions for taking early retirement in all three NHS pension schemes.

Thanks , will do

@Hohofortherobbers there is a great FB group for NHS pensions with a lot of very knowledgeable people. Good to plan ahead. It's called NHS pensions chat: member led discussion group.