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Site Map Glossary Employee Book of Benefits OneCall: 1-877-861-2255 |
Home > Pension Plan > Receiving Benefit Payments
If You are Receiving Benefit PaymentsIf you are now receiving monthly checks from the pension plan, your benefits will continue based on the payment option that you chose. You may not change this option.If Your Benefit Has Not StartedIf you retired before age 65, you may elect to start your benefit at any time, with 30 days notice to the Benefit Plans Office.In any event, your plan benefits will begin no later than the first of the month after you reach age 70-1/2. Pension Benefit AmountThe amount of your pension benefit is determined when you retire based on the plan’s formula (and your creditable earnings and service) in effect at that time and the payment form you elect.Last updated: Thursday April 21 2005 | ||
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