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Lump sum only at 55
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xpostman
- Posts: 3
- Joined: 05 Feb 2014, 22:05
- Gender: Male
Lump sum only at 55
I will be 55 next year with just over 28 years service. I would like take the lump sum at 55 but take my annual pension at 60, will my annual pension be affected if i do this?
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heapsy
- Posts: 2949
- Joined: 02 Jun 2007, 23:40
- Gender: Male
- Location: Drinking with Gangsters
Re: Lump sum only at 55
Put simply, you cannot do it. Only if you take your pension will you be able to access the lump sum.