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.
Taking your pension early
If you have at least 10 years' pensionable service, you may be able to take your pension at any time after the age of 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.