What is the earliest age at which I can retire and still receive a full pension?
A. Each pension plan must specify a normal retirement age, the age at which a person can retire and receive a full pension. The majority of plans set this at age 65, but some allow a full pension as early as age 60, or even earlier if you meet certain qualifications. The federal Income Tax Act requires a reduction to the amount of the monthly pension for pensions that start to be paid prior to age 60.
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- What is the earliest age at which I can retire and still receive a full pension?
