Some Advise Please.

Hello Everyone,
I am going to be made redundant at the end of Nov. I have been working here for 27years and will get a nice pay out. Recently my pension scheme has been in touch and want to know if I want to take early retirement. My question is can I take redundancy and early retirement at the same time.
Thank you for your help. 

Comments

  • getmore4less
    getmore4less Posts: 46,882
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    Depends on the employer how that may be structured.

    Some make up any  reduction of the expected  pension at normal retirement age but expect you to use redundancy payments to support that making up the difference if needed..
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