The amount of the early retirement pension is based on the following data:

Article II 2.04 Entitlement to Early Retirement Pension

A beneficiary of a deferred retirement pension is entitled to receive an early retirement pension as follows:

1. for members who joined the Fund on or before 31 December 2011, from the age of 50;
2. for members who joined the Fund on or after 1 January 2012, from the age of 52.

• The Fund’s Rules applicable at the time you joined
• Reference salary
• Years of membership (including purchases)
• Reduction factor due to age
• Reduction factor in the event of incomplete contributions

An early retirement pension is paid until the last day of the month of the beneficiary’s death.

Amount of Early Retirement Pension

Calculation

• if you joined the Fund on or before 31 December 2011:
  • 2% of your final reference salary x years of membership x reduction factor due to age x reduction factor for incomplete contributions (if relevant)
• if you joined the Fund on or after 1 January 2012:
  • 1.85% of the average of your last 36 months’ reference salaries x years of membership x reduction factor due to age x reduction factor for incomplete contributions (if relevant)

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