If you wish to retire before Normal Retirement Age (65) the amount of annual pension you get will be less because you will be paid for longer. There are some exceptions: for example if you were paying into the Scheme before 1 April 2007, any benefits earned before that date are payable at age 60. See the Scheme Booklet for more information.
You will need Vodafone’s consent to continue working whilst also taking your benefits from the Scheme. You cannot continue to build up benefits in the Scheme once your pension starts to be paid (unless you are taking benefits earned before 1 April 2007). See the Scheme Booklet for more information.
If you have a contractual right to work beyond Normal Retirement Age you will be able to do so. Otherwise the late retirement option is at Vodafone’s discretion. You can continue to build up benefits in the Scheme if you continue working for Vodafone.
You can give up part of your own pension to provide a pension payable to a dependant when you die. This would be in addition to any spouse or children’s pensions payable.