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Author: luckyengr One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76079  
Subject: How to get Early Retirement pension? Date: 6/23/2000 12:15 PM
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I have a pension in an international oil company that I left 10 years ago at age 27.
I also have a second pension in another company that I just left after about 9
years.

I may be in a position to retire in the next year or so when I am 38 or 39.

The problem is that both companies say that I can not access the pensions until I
am 55 or 65. Can they do this? I would really prefer rolling the pension into an
IRA.


Hi luckyengr,

I'm not an expert in this area, but if it is a Pension and not a 401k (or 403b), I would
think that the company can require you to wait until you are 55 for a disbursement.

Have you told the company that you would accept a smaller amount if you received it
now?

You may want to Post your question on the Retirement Investing discussion board. Here
is a link:
http://boards.fool.com/Messages.asp?id=1040013000000000

Fool On,

Keith O'Malley
TMFKGOMalley
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