Annotations below in red reflect changes for retirements that are first in pay status on or after July 1, 2010, as a result of the adoption of Alternative Schedule 2 under the Critical Status Rehabilitation Plan. | |
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Age Requirements |
Under age 55 (If age 55 or older, see Early Retirement)
Note: No Retiree Health Coverage is available under SoCal I-N Retiree Health Plan for Local 11 retirees under age 55. See Retiree Health Eligibility BenefitTab. |
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If You Earned Any Benefits Prior to 7/1/1996 |
Service and Other Requirements
25 Years of Total Credited Service (37,500 Hours)
See also:
Hours for Credited Past Service
Pro-rata Pension |
Basic Benefit
Pre-7/1/1996 benefits:
Normal Pension, actuarially reduced from age 65, payable immediately
Post-6/30/1996 benefits: Normal Pension deferred to age 55 (actuarially reduced from age 65
if benefit commences before age 55 after meeting 42,500 hour and 23 years of combined service requirements)
Listing of Actuarial Reduction Factors |
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If You Earned All of Your Benefits After 6/30/1996 |
Service and Other Requirements
28.33 Years of Total Credited Service (42,500 Hours) and 23 Year Rule satisfied
See also:
Hours for Credited Past Service
Pro-rata Pension |
Basic Benefit
Normal Pension, actuarially reduced from age 65, payable immediately
Listing of Actuarial Reduction Factors |
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Forms of Payment
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If married:
- Automatic 50% Joint and Survivor Pension*^
- Single Life Annuity with 60 payments guaranteed
- 66-2/3%, 75% or 100% Joint and Survivor Pension*^
- Social Security Adjustment Pension [No longer available, effective October 28, 2009]
- 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:
- Single Life Annuity with 60 payments guaranteed
- 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. |
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Conditions Which May Result In Loss of Some or All Benefits |
Non-Covered Electrical Employment
Grace Period Adjustments
Suspension of Benefits |
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View Plan Rules | | | |
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