My company is in a process of outsourcing the department i am working in, and we were advised that employees who are over 55yrs can apply for early retirement. Please advise what is the correct procedure when outsourcing. Will the new employer pay out our pensions money and start afresh with us, or our pension money will transfer to the new employer? Can i ask my employer to pay me my pension fund before moving to the new company? Please advise.