Bridging pension

This will be paid until you reach the statutory OASI retirement age. You can request either the entire maximum OASI pension or half of it, weighted by the average working hours reported by your employer. The employment legislation specifies how funding for the bridging pension is to be divided up between the employer and the active member. You can finance your share in the following ways:

• by means of a permanent reduction in your retirement pension that begins immediately, or
• by means of a permanent reduction in your retirement pension that begins when you reach statutory retirement age, or
• by buying out the reduction in the retirement pension before you retire.