E.ON UK offers a range of retirement options, depending on your plans for life after giving up work.
These include:
Normal retirement – You will get your pension plus a cash lump sum, which is currently tax free.
Early retirement: if you are eligible to retire early, your benefits will be lower because they are being paid out for longer
Late retirement: If you are any active member, you can continue to work past your normal pension age and continue to build up your pension benefits. If you are a deferred member, it is not possible to defer payment of your benefits after your normal pension age.
Ill-health retirement: If ill health means you have to give up work, you may be able to claim your scheme pension and cash lump sum early. For full details, speak to your employer.