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I am a Burmah Castrol Pension Fund member. If I take early retirement, am I right in understanding that the new 3% standard early retirement terms apply to me also?

April 26, 2017castrol early fund Pension retirement right understanding

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I am a Burmah Castrol Pension Fund member. If I take early retirement, am I right in understanding that the new 3% standard early retirement terms apply to me also?

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Yes, you could take early retirement at, say, age 55 with a discount of 15% (five years early at a discount of 3% a year).