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Thread: FAFPS 2015
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Old 31st Jul 2012, 13:41
  #115 (permalink)  
Exiled
 
Join Date: Oct 2007
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Sounded good until I read:

Normal Pension Age of 60, though pension can be taken earlier (from 55), actuarially reduced from the Deferred Pension Age, as it will be paid for longer.

Is it just me, or does having an actuarially reduced pension at a compulsory retirement age seem like a bit of a con?

I suspect that we will not be too impressed when we find out what the actual accrual rate is.
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