Marley Posted October 23, 2018 Share Posted October 23, 2018 I took the education buyout in 2007 with 14 yrs vested. Does anyone know if I am able to withdraw this prior to age 55? Quote Link to comment Share on other sites More sharing options...
Decker Posted October 25, 2018 Share Posted October 25, 2018 (edited) If you were to check out that agreement a little closer you`ll find out that, you could reapply for employment with Ford if there was openings in your field that you acquired the education buy out for. If you did become an active statist employee you could apply your years of service but, 14 years and 55 years of age would not let you draw anything. Then if you were rehired as a salaried employee I'm not sure your hourly years of service would be stacked up in the same basket for pension credits as a salaried employee. If you are not active, sorry to tell you but... you`ll have to make it to at least 62 and some months to apply for benefits from the pension fund, if you sign up for social security. But if you figure out a way, there`s a lot of former employee`s that would like to know. Edited October 25, 2018 by Decker Quote Link to comment Share on other sites More sharing options...
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