Hi All
I understand on completion of 20 years a person is entitled to tax free lump sum of 1.5 times final remuneration at normal retirment (65)
What is the calculation reducing this sum if a person retires early(58) still fulfilling the 20 year minimum service-- total service is 33 years
I understand on completion of 20 years a person is entitled to tax free lump sum of 1.5 times final remuneration at normal retirment (65)
What is the calculation reducing this sum if a person retires early(58) still fulfilling the 20 year minimum service-- total service is 33 years