Red Line Entry
The sad thing is that I interpreted it the same way as Jumping Jack and so I am not that confident that you are correct. Currently preserved pensions are paid at either 60 or 65 depending on whether you are on AFPS 75, AFPS 05 or RFPS 05. So I can see a gap of immediate pension happening; I've also heard rumour of lump sum at 55 and then pension at 60 from several sources.
The B Word