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Early Retirement Payout
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<blockquote data-quote="Oldfart" data-source="post: 2724469" data-attributes="member: 64407"><p>The people I knew 15 years ago took a lump sum pay severance and began drawing their traditional as a 60 year old. I knew nobody that took a lump sum pension payment. I believe you might be getting confused. 52 year olds DID start their pension right then. They were given 8 years and retired as a 60 year old and were immediately eligible for their traditional payments. I believe 50 was the youngest you could be to retire as a 60 year old but I could be wrong. I had several siblings that did that buyout and I saw their paperwork.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 2724469, member: 64407"] The people I knew 15 years ago took a lump sum pay severance and began drawing their traditional as a 60 year old. I knew nobody that took a lump sum pension payment. I believe you might be getting confused. 52 year olds DID start their pension right then. They were given 8 years and retired as a 60 year old and were immediately eligible for their traditional payments. I believe 50 was the youngest you could be to retire as a 60 year old but I could be wrong. I had several siblings that did that buyout and I saw their paperwork. [/QUOTE]
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