Normal Retirement

For this Pension Fund, the normal retirement age is 60 for both men and women. However, remember that at retirement age, the person must have contributed to the Pension Fud for at least 10 years to qualify for a pension.

When you reach your Normal Retirement Date, you can use your Pension Account to buy a pension (annuity) that will provide you with an income for the rest of your life.

You also have the option of taking up to 25% of your Pension Account as tax free cash, if you wish, but this will reduce the amount of pension you will receive.

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