Age Requirements

Age 55 or over, but before age 65
(If under age 55, see also Pre-55 Retirement)

Service and Other Requirements

10 years of Total Credited Service (15,000 Hours) including 2 years Credited Future Service (3,000 Hours)

See also:
Hours for Credited Past Service
Pro-rata Pension

Basic Benefit

Normal Pension, subject to Grace Period Adjustment

Forms of Payment

If married:

1. Automatic 50% Joint and Survivor Pension*^
2. Single Life Annuity with 60 payments guaranteed
3. 66-2/3%, 75% or 100% Joint and Survivor Pension*^
4. Social Security Adjustment Pension [No longer available, effective October 28, 2009]
5. 50%, 66-2/3%, 75% or 100% Joint and Survivor with Social Security Adjustment Pension* [No longer available, effective October 28, 2009]
   
   *contingent beneficiary must be spouse
   ^with or without Pop-up Benefit

If unmarried:

1. Single Life Annuity with 60 payments guaranteed
2. Social Security Adjustment Pension [No longer available, effective October 28, 2009]

Reduction Factors
All forms of payment except the Single Life Annuity are actuarially reduced.

See also Special 50% Joint and Survivor Pension Option for unmarried Participants with Domestic Partner.

Conditions Which May Result In Loss of Some or All Benefits

Non-Covered Electrical Employment
Grace Period Adjustments
Suspension of Benefits

View Plan Rules