Yes, as long as you aren’t receiving disability benefits from AVENA. You can make your decision up to the day before you retire.

It’s a highly personal choice that depends on your financial situation, assets, budget, expenses, and marital status.

First of all, you need to make sure that your pension fund allows you to retire at 58, as AVENA does. If you do retire at 58, you will still need to make AVS payments until you reach the legal retirement age. Your assets and your monthly pension multiplied by 20 will be used to calculate your old-age (AVS), disability (AI), and loss-of-income (APG) insurance payments.

If you continue working after 65, you can continue saving for your retirement in accordance with AVENA’s regulations.

Your pension is calculated by multiplying the amount of your retirement savings by the conversion rate.

Yes, you can decide how you want to receive your pension up to the day before you retire.

It’s up to you. Some factors you might take into consideration include your expenses, assets, and marital status.

In order to join a pension fund, you have to be employed. Now that the AVS 21 reform has been adopted, you have the right to withdraw part of your retirement benefits – the amount will be proportionate to the change in your employment rate if you decide to reduce it after turning 58. You can collect your pension in three lump-sum withdrawals.
If you are no longer employed, you can maintain your pension savings with up to two vested benefits accounts at two different institutions.