You can find out what your current vesting status Your Benefits Online.
Check to see if you are vested by logging in to Your Benefits Online.
Qualified Pre-Retirement Survivor Annuity (Spouse Only)- If you are vested and you die before you retire, then your spouse will be entitled to receive a death benefit.
You must have been married for at least one year in order for your spouse to receive the benefit.
The remaining amount of your pension must be paid in the form of a monthly benefit. If you qualify for Disability benefits, your payments are in the form of a monthly benefit only.
Retirees and Beneficiaries Only - If you would like to change your Tax Withholding Election (on the monthly benefit only), print the form below (Annual Notice of Withholding Election), fill it out and mail it to the Pension Office.
One way to temporarily postpone the taxation of your lump sum is to rollover the sum directly into an Individual Retirement Account (IRA).
Once you roll the money into a IRA it is not taxed until you withdraw it after age 59½.
Yes, if you meet the eligibility requirements you can take Early Retirement from ages 55-61.
In order to be eligible for early retirement you must be vested.
Be sure that the Pension Office has your current address on file so that we can be sure to mail your check to the correct address.