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 Glossary   >   E   >   "Early retirement" Definition   

        Early retirement

For company pension schemes, an employee may retire at an early age provided it is authorised by the company. In the UK, qualifying ages are 50 for men and 45 for women. However, the amount of pension payable will reduce compared with the amount payable at normal retirement age.

Early retirement
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Early retirement - For company pension schemes, an employee may retire at an early age provided it is authorised by the company. In the UK, qualifying ages are 50 for men and 45 for women. However, the amount of pension payable will reduce compared with the amount payable at normal retirement age.


Early retirement : for company pension schemes, an employee may retire at an early age provided it is authorised by the company. in the uk, qualifying ages are 50 for men and 45 for women. however, the amount of pension payable will reduce compared with the amount payable at normal retirement age.