What is a contractual pension?
Contractual pension is an early retirement scheme for everyone between the ages of 62 and 67 who has a tariff agreed AFP. Different conditions apply if you retire between the ages of 62 and 65 or after at you have reached the age of 65. The principal rule is that you shall not get a reduced pension when you reach the age of 65, if you have had an AFP from for example you reached the age of 62. Contractual pensions are regulated through a tariff agreement.