It probably means that he retired from a job and receives that retirement pay, but he still won’t qualify for social security or other benefits until he hits whatever age they’ve raised it to. Some companies let you retire after 20 years, some even less.
Lol actual pensions are rare in the US these days. Most companies/institutions just do a 401k - the decline of which is exactly what will kill your early retirement plans.
It probably means that he retired from a job and receives that retirement pay, but he still won’t qualify for social security or other benefits until he hits whatever age they’ve raised it to. Some companies let you retire after 20 years, some even less.
Lol actual pensions are rare in the US these days. Most companies/institutions just do a 401k - the decline of which is exactly what will kill your early retirement plans.