Entitlement to early retirement benefit
59 Entitlement to early retirement benefit
Where a person who has not attained the age of 60 ceases to be an eligible employee by reason of early retirement, then, if the person does not make an election under section 62, he or she is entitled to:
standard early retirement pension in accordance with section 60 or paragraph 61AB(4)(a); and
if he or she does not make an election under section 64, additional early retirement pension in accordance with subsection 61(1) or (1A) or paragraph 61AB(4)(b); and
lump sum benefit (if any) in accordance with subsection 61(2) or paragraph 61AB(4)(c).
Payment of benefit to which a person becomes entitled under this section may be postponed under Part VIB.
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