Normal Retirement Age

The normal retirement age under the Plan is 65. You will have more options available to you if you continue to work until the normal retirement age. 

At age 65 (the first of the month following your 65th birthday), you may choose to: 

1. Continue working for your Participating Employer(s), elect to stop contributing to the Plan and start receiving your monthly pension effective the first of the month following your 65th birthday. In this case, you are not required to terminate your employment with all of your Participating Employer(s) to receive your monthly pension 
2. Continue working for your Participating Employer(s), elect to stop contributing to the Plan and receive an actuarially increased monthly pension when you terminate your employment with all Participating Employer(s) 
3. Continue contributing to the Plan while working for a Participating Employer(s) and start receiving your monthly pension at a later date. When you subsequently retire, you must terminate employment with all of your Participating Employer(s) to receive your monthly pension.

Whether you choose to continue contributing to the Plan or choose to receive an actuarially increased pension at a later date, you must begin receiving your pension benefit no later than December 1 of the year you turn age 71.