25yrs. senority in a 30yr. retirement program - is there a winning way

[Guest KennyG53]

I want to retire from an auto company, but do not want to wait until my 30yrs.

Is there anyway to get a reduced union pension, not loosing everthing?

I have a great 2nd job and want to make a go of it! The auto company job has not provided the psychological happiness in recent years; too much stress and anxiety!

Many co workers want to know - thanks!

[Chester]

You should ask your retirement plan administrator for a copy of the Summary Plan Description. This summarizes the plan provisions in easy to understand language (not legalese), and will explain what your plan's early retirement provisions are (i.e. eligibility regarding age and service, early retirement reductions, benefit formula, etc.). You should also request a benefit estimate from your plan administrator based on your anticipated retirement date, and use this information to meet with a financial advisor to determine the feasibility of retiring at this time. I hope this helps. Good Luck!