Early retirement is possible as of 58 years but a pension reduction coefficient of 3.5 % is applied for each year before the pensionable age, except that for staff in place on 1 January 2014 the pension reduction coefficient is 1.75 for years not worked above the age of 60.
32.
Kilmacolm has a higher than average level of older people, with categories of people under the age of 45 being below the Scottish average, and categories above that age being higher; 23 % of people in Kilmacolm are of pensionable age and over contrasting with 19 % in Scotland as a whole.
33.
The pensionable age is 66 years for staff entering service as of 1 January 2014, is between 63 and 65 years for those who entered service not earlier than 1 May 2004 but before 1 January 2014, and is between 60 and 65 years for those who entered service before 1 May 2004.
34.
Of the town's 13, 155 households, 49.0 % were married couples, 7.8 % were cohabiting couples and 8.0 % were lone parents . 30.7 % of households were individuals and 18.0 % had someone living alone at pensionable age . 26.4 % of households included children aged under 16, or a person aged 16 to 18 who was in full-time education.
35.
17.5 % of people are of a pensionable age and 58.2 % are of a working age . 9.1 % of the ward population was unemployed, above city average of 6.8 % and the national average of 4.1 % . 36.6 % of the unemployed had been in such a situation for the long term, and 13.5 % had never worked.
36.
Like the city of Birmingham, Edgbaston had a slightly higher proportion of females, at 50.1 %, to males . 27.1 % of the population was in the 25-44 age bracket and 15.1 % were aged between 45-59 . At 14.8 %, Edgbaston had a lower proportion of people of a pensionable age than the rest of Birmingham ( 16.7 % ).
37.
Of the town's 14, 732 households, 48.7 % were married couples living together, 8.4 % were cohabiting couples and 8.3 % were lone parents . 30.2 % of all households were made up of individuals and 20.5 % had someone living alone at pensionable age . 27.7 % of households included children aged under 16 or a person aged 16 to 18 who was in full-time education.
38.
People of a pensionable age represented 19.3 % of the ward's population, above that of 16.7 % for the city . 57.2 % of the population was of a working age, below the city average of 59.8 % . 63 % of the population had a job whilst 8.2 % was unemployed, below the city average of 9.5 % yet above the national average of 5 %.
39.
Of the town's 5, 151 households, 40.7 % were married couples living together, 10.4 % were cohabiting couples and 10.2 % were lone parents . 25.9 % of all households were made up of individuals and 12.8 % had someone living alone at pensionable age . 31.8 % of households included children aged under 16 or a person aged 16 to 18 who was in full-time education.
40.
By 1976, as a result of this legislation, 65 % of private sector employees were covered by occupational schemes, and over two-thirds of these workers were eligible for benefits equal to more than 15 % of their earnings at retirement . and in 1979, an Act was passed which lowered the pensionable age for severely handicapped persons to 61 years, and to 60 years as from 1980.
