When you retire, you will receive your deferred pension from the Plan which will be paid to you every month for the rest of your life.
It is calculated based on your final pensionable pay at the date you left pensionable service. If you are a current employee at Millbrook, you may be able to receive an unreduced pension from age 62.
You may also be entitled to an enhanced pension from age 65 for the rest of your life.
Taking your pension early
If you have at least five years' pensionable service, you may be able to draw your Plan pension at any time from age 55. It will be reduced for early payment. However, you will not be able to take your pension early if, after reduction, the pension is less than the Guaranteed Minimum Pension (GMP) at GMP age.