FAQ
Short answers to the most common questions about drawing a funded pension account in Georgia — the age, the payout modes, and early access.
At what age can I access the balance?
65 years for men, 60 years for women. This age is not stated by the Funded Pension Law itself — it is cross-referenced from the State Pensions Law. See the retirement age page.
Do I need a minimum number of years of contributions?
No — access turns on age alone. No minimum working or contribution period exists in the law.
What does the “5 years” some places mention mean?
It applies only to the lump-sum route: if you reach retirement age within 5 years of your first contribution, a lump sum is available outright. It does not limit general access to the account in any way.
What are my payout options?
Three: a lump sum, programmed (annual) withdrawal, or buying an insurance annuity. See the payout page.
Is there a minimum or maximum payout?
No — you receive exactly what accumulated, no more and no less.
Can I retire early?
No route to draw the balance before retirement age, at a reduced amount, was found in the law. See the early-access page.
Does the amount grow every year while I’m receiving it?
There is no separate “indexation” rule. Programmed withdrawal is recalculated every year with the same formula (remaining balance ÷ remaining life expectancy); a lump sum is paid once; an insurance annuity’s terms are set by the private insurer.