At 55 years old, you can apply for early retirement. Learn how.

How to access pre-retirement from the age of 55?  

The pre-retirement regime, according to Social Security and as read in the News at the Moment, is applicable until the worker reaches the "normal retirement age", plus the number of months necessary to compensate for the "sustainability factor."

Know that: when entering pre-retirement, the worker maintains "all rights in terms of Social Security". However, if the agreement provides for the total suspension of work provision, they lose the rights related to illness, occupational diseases, parenthood, and unemployment. If they choose to only reduce working time, they maintain "rights based on earned income".

All workers aged 55 or older who reach a pre-retirement agreement with the employer are entitled to pre-retirement. However, "workers whose protection does not cover disability, old age, and death events are excluded from this system," the news reads.

Regarding the difference between early retirement and regular retirement, early retirement allows the worker to reduce their working hours or stop working altogether while still receiving a salary, whereas regular retirement involves completely ceasing work, which affects the pension amount.

How to reach a pre-retirement agreement?  

The pre-retirement agreement must be negotiated between the worker and the employer, specifying the start date of the pre-retirement, the monthly amount to be received, and the organization of working hours.

After the agreement is celebrated, the employer must send it to the Social Security services, along with the "remuneration declaration for the month in which the agreement comes into force". If all conditions are met, the request will be approved and you will receive a response within 30 days of the agreement being submitted.

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