In Texas, it isn’t really like a pension, it is closer to a 401K. The money he is taking out, he has paid in over his career and is matched by the State up to a certain percent (not sure the exact percent).
Nothing really wrong with that. It is like you rolling your 401K over into an annuity when you hit retirement age but continue to work.
Thanks for that explanation.
There is nothing wrong with withdrawing from a 401K type of pension and continuing to work. Many do it.