Back

What happens if I become eligible to retire during the 24-month extension?

If your pension is in DBprime and you turn 55 during the 24-month extension (or you turn age 50 and have 20 years of pensionable service), you can start your pension immediately with a reduction. You will also receive a bridge benefit, paid to age 65.

If are earning a pension in DBplus and you turn 50 during the 24-month extension, you can start your pension immediately with a reduction.

In both cases, if you take an early pension it may be subject to a reduction which will also apply to any applicable bridge benefits you may be eligible to receive.

If you become eligible to retire during the 24-month extension and wish to start your pension early, you should contact the CAAT Plan directly.