YOUR ANNUITY PLAN

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Plan Overview

Learn about your annuity plan.

 Active WorkerSeparated WorkerDisability
Age Requirement>= 50 Years of AgeNo Age Restriction after 6 months separation from covered workNo Age Restriction if Totally and Permanently Disabled
Vesting Requirementimmediateimmediateimmediate
Benefit Payment OptionsJoint & Survivor 50% Benefit;
Joint & Survivor 75% Benefit;
Single Lump Sum Payment;
Up to 120 Installment Payments;
Combo Lump Sum + Monthly Installments
Joint & Survivor 50% Benefit;
Joint & Survivor 75% Benefit;
Single Lump Sum Payment;
Up to 120 Installment Payments;
Combo Lump Sum + Monthly Installments
Joint & Survivor 50% Benefit;
Joint & Survivor 75% Benefit;
Single Lump Sum Payment;
Up to 120 Installment Payments;
Combo Lump Sum + Monthly Installments
Death BenefitPre-Retirement: YES
Post-Retirement: Balance of Payment Plan
Pre-Retirement: YES
Post-Retirement: Balance of Payment Plan
Pre-Retirement: YES
Post-Retirement: Balance of Payment Plan
Hardship LoansNONOn/a
Hardship WithdrawalsLimited–Refer to SPD/SMMsLimited–Refer to SPD/SMMsn/a