After I explained they are two separate items ... Beyond the lump sum, another pension option to consider is whether you can take a lesser monthly payment and, in exchange, provide a lifetime ...

For subscribers, they can choose to actively decide how their contribution is invested or pick a pre-decided portfolio.

Therefore, as of January 1, 2025, the pensionable age has officially reached 65, marking the end of early retirement options introduced ... the minimum pension,” he explained.