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I'm Considering Semi/Early Retirement


Employers may offer an early retirement package to avoid compulsory redundancies.

If you are tempted by this, you should think carefully about how you will manage financially if you give up work and what you will do in the future.

Taking early retirement is very different from being made redundant: you have no redundancy rights and do not receive any redundancy pay.  If you decide to retire early, you are likely to receive a smaller pension than if you had worked until your normal retirement age.  Just how much your pension will be affected will depend on the terms or your early retirement package and the type of pension schemre you are in.

I this section you'll find a number of companies that can advise and help you to decide.




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