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There's a possibility I will be early retired by my employer of nearly 16 years, in the near future.

Traditionally, they've offered a good severance package which includes salary and full benefits through a period lasting two weeks for every year of service, so in my case, 32 weeks.

My pension will begin at age 55, which is still some years away.

I'd appreciate hearing from anyone who has been early retired, rather than calling their own shots.

We're hearing rumors they will try to relocate some people half way across the country in order to avoid paying a severance package.

Have you seen this happen? If so, what options were you given?

We're also hearing they will cancel the pension plan and give us a lump sum - presumably to roll over into the existing 401K?

I am still trying to anticipate and plan ahead for all possible scenarios, but since I can't predict what will happen - it's hard to do.

Hence, I would appreciate hearing what others may have experienced in similar situations.

Thank you, MG

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