Q:

Do you have to retire before getting a pension?

A:

Quick Answer

Pension benefits do not begin until a person retires from the position that grants the benefits, according to FindLaw. By definition, a pension is money that a person receives after retiring. However, it is possible to work beyond retirement, even for the same company.

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Do you have to retire before getting a pension?
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Full Answer

Retirees with pensions are free to accept full-time work from other companies. However, in order to work for the company that provides his pension, the retiree cannot take a full-time position with the company, notes FindLaw. He must work at that company as a contract employee or on a part-time basis. This provides the pensioner with supplemental income and allows the company to benefit from the pensioner's knowledge and familiarity with the company's culture.

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