In the olden days, I used to draft documents with a Normal Retirement age of 65 and 5 (or 10) and Early Retirement age of 55 and 10.
During EGTRRA restatement days, I began moving Normal Retirement Ages down to 59 1/2 for a lot of DC Plans. Now I'm starting PPA restatements and am wondering why I'm defining an Early Retirement Age as a different (lower) age. The document appears to only grant "early retirees" some accelerated vesting.
I'm leaning towards a 59.5 retirement age as both Normal and Early - no distinction.
No real question here. Just looking for some feedback.