Re-entering job market after retirement - What happens to my pension fund assets?

Hello,

I retired early at 63 and cashed out my pension fund savings in cash. As it turns out, I got bored with retirement fast and when a new job offer came along 2 years later, I grabbed it. here is the question: Do I have to put the pension fund money I cashed out when I retired into my new employer's pension fund? I would prefer not seeing that I already spent a good chunk of it.

I look forward to your feedback.

Hi there,

If you cashed out your pension fund assets when you retired with the goal of using them to fund your retirement, you do not need to place those assets into an occupational pension fund if you start working again after a period of retirement.

Best regards from Moneyguru

More on this topic:
3a retirement account comparison
Vested benefits account comparison