Nuclear Fuel Processes. Nuclear power plants do not burn any fuel. Instead, they use uranium fuel, consisting of solid ceramic pellets, to produce electricity through a process called fission. Watch our interactive graphic on how nuclear fuel is produced, used and stored.
Taking money from your pension. Whether you have a defined benefit or defined contribution pension scheme, you can normally start taking money from the age of 55.You could use this to help top up your salary if you are still working, to enable you to work fewer hours or to retire early.here are also some circumstances when you may be able to take money from your pension even earlier than 55, such as if youâre in poor health or in a profession where retirement is lower than normal, for example a professional athlete or if you have a protected pension age lower than 55.
The earlier you start drawing Social Security, the smaller your monthly payment will be. If you start at 62, you will receive 25 percent less per month than you would at your full retirement age of 66 (if you were born between 1943 and 1954). For those born later, the reduction grows gradually to 30 percent. The retirement age is 67 for people born in 1960 or later. For those born between 1955 and 1959, a few months are added each year to bridge the gap from 66 to 67. If you can wait until youâre 70 to claim Social Security, your monthly payment will be 32 percent more. Waiting until after 70 does not increase your monthly benefit. [Read: When You Should Take Social Security .].