Hi there, just looking into the future around this, i'm an A Prsi and retirement age 65, will have full (40 years service at 61), albeit I wont get supplementary till post 65 (taking into mind DSEAP for 9 months), what options would i have if wishing to retire early and maximise pension benefits?
Open to correction but my understanding is that the lump sum is based on salary rather that the, usually lower, pensionable salary.As you would be taking cost neutral early retirement at 61 your lump sum would be reduced to approx 92.5% of max (that is 92.5% of 1.5 times your pensionable salary)
Open to correction but my understanding is that the lump sum is based on salary rather that the, usually lower, pensionable salary.
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