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Actuarilly reduced retirement terms??
KACMO
Posts: 2 Newbie
Hello Everybody
Can anybody please explain the above within the Civil Service?
Many Thanks in advance
k
Can anybody please explain the above within the Civil Service?
Many Thanks in advance
k
0
Comments
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becasue you are taking your pension earlier than the normal retiremnt age your pension will be reduced to reflect the fact it will be paid for longer. As a very rough guesstimate its about 5% per year early.0
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