Normal Retirement:
A member’s normal retirement date will be the first day of the month following the month in which the member reaches age 65. If a member applies for their pension after their 65th birthday they will be eligible to apply for this pension retroactively up to one year but no earlier that the month after their 65th birthday.
Early Retirement:
A member may elect to retire as early as age 55 on a reduced pension. The reduction will be 6% per year (i.e. ½% per month) between the early retirement date and age 65.
Postponed Retirement:
Members may elect not to retire at their normal retirement dates in which case
they will continue to earn pension credits with respect to contributions made
on their behalf by a participating employer. Such members may elect to start
receiving the pension on the first day of any month after their normal
retirement dates but, under Government regulation, must commence to receive
their pensions no later than the first day of December in the year they reach
age 71.

Members that retire and collect a pension from the Local 213 Pension Plan then return to work for a contributing employer should be aware that they will have the choice of 1) not to accumulate any pension credits after their pension is in pay and continue to collect their pension, or 2) returning members are able to suspend pension payments and accumulate additional pension credits. Members that opt to suspend their pension must give at least one month’s notice in writing to the plan that they want to suspend their pension payment. When members that have suspended their pension want to resume pension payments, they must notify the plan in writing at least one month prior to resuming their payments.