A Member may retire from the Plan the first day of any month following their 55th birthday, provided they are entitled to a vested benefit.
Member's considering retirement obtain from the administrative agent the Request by Member or Former Member for Retirement Income form. A sample of this form can be seen to the right of this section. This form, along with satisfactory proof of age of the Member and Spouse, if applicable, (see list below for acceptable documents) should be submitted to administrative agent for processing.
Document acceptable as proof of age are as follows:
- Birth certificate issued by government authority.
- Baptismal certificate or church record, which shows date of birth, certified by custodian of such church.
- Hospital record of birth, which shows date of birth, certified by custodian of such record.
- Statement of physician or midwife in attendance at birth, stating date of birth as shown in their records.
- Citizenship papers, immigration papers, military record or passport, which shows date of birth.
- Life insurance policy issued at least five years ago, which shows date of birth.
- Signed notarized statements from responsible person(s) having knowledge of date of birth.
Upon receipt of all documents, a Notice of Retirement and Election of Optionpackage will be provided. This will illistrate the estimated amount of pension that will be available under all the various optional forms of payment, will be provided to you. Should you decide to retire, you will need to complete the forms and return them to the administrative agent to commence your pension payments.
Please note that all personal information is collected and maintained in accordance with the Personal Information Protection and Electronic Document Act.