After Retirement. The normal pension is payable for life and guaranteed for years (120 monthly installments). Optional forms of payments are available life only, year guarantee, Joint and Survivor.
After Retirement. The normal form of pension will be life only. Termination:
After Retirement. Entitlement
After Retirement. Contributions will change each January 1 after the individual’s retirement. The amount will be determined as outlined above using the active nonunion employee cost for that year. Retirees will receive notice of the contribution increase. Retiree Medical - 2019 Plan Year Attachment L Monthly Contribution Rates for Individuals Age 57, 58, 59 and 60 by January 1, 2019 Applicable to Local G-555 Employees Retiring On or After January 1, 2019 Points (Sum of Age and Service) Retiree < 65 Only Retiree < 65 Spouse < 65 Retiree < 65 Child(ren) Retiree < 65 Spouse < 65 Child(ren) Spouse < 65 Spouse < 65 Child(ren) Child(ren) 95 $259.72 $738.10 $601.43 $1,045.68 $478.38 $820.09 $341.71 94 $266.21 $756.54 $616.46 $1,071.81 $490.33 $840.58 $350.25 93 $272.70 $774.99 $631.49 $1,097.94 $502.29 $861.08 $358.79 92 $279.19 $793.43 $646.52 $1,124.07 $514.24 $881.57 $367.33 91 $285.69 $811.90 $661.57 $1,150.25 $526.21 $902.09 $375.88 90 $292.18 $830.35 $676.60 $1,176.38 $538.17 $922.59 $384.42 89 $298.67 $848.79 $691.63 $1,202.51 $550.12 $943.08 $392.96 88 $305.17 $867.26 $706.68 $1,228.68 $562.09 $963.60 $401.51 87 $311.66 $885.71 $721.71 $1,254.81 $574.05 $984.10 $410.05 86 $318.15 $904.15 $736.74 $1,280.94 $586.00 $1,004.59 $418.59 85 $324.65 $922.62 $751.79 $1,307.11 $597.97 $1,025.11 $427.14 84 $331.14 $941.07 $766.82 $1,333.24 $609.93 $1,045.61 $435.68 83 $337.63 $959.51 $781.85 $1,359.37 $621.88 $1,066.10 $444.22 82 $344.12 $977.95 $796.88 $1,385.50 $633.83 $1,086.59 $452.76 Points (Sum of Age and Service) Retiree < 65 Only Retiree < 65 Spouse < 65 Retiree < 65 Child(ren) Retiree < 65 Spouse < 65 Child(ren) Spouse < 65 Spouse < 65 Child(ren) Child(ren) 81 $350.62 $996.43 $811.93 $1,411.67 $645.81 $1,107.12 $461.31 80 $357.11 $1,014.87 $826.96 $1,437.80 $657.76 $1,127.61 $469.85 79 $363.60 $1,033.31 $841.99 $1,463.93 $669.71 $1,148.10 $478.39 78 $370.10 $1,051.79 $857.04 $1,490.10 $681.69 $1,168.63 $486.94 77 $376.59 $1,070.23 $872.07 $1,516.23 $693.64 $1,189.12 $495.48 76 $383.08 $1,088.68 $887.10 $1,542.36 $705.60 $1,209.62 $504.02 75 $389.57 $1,107.12 $902.13 $1,568.49 $717.55 $1,230.11 $512.56 74 $415.55 $1,180.95 $962.29 $1,673.09 $765.40 $1,312.14 $546.74 73 $441.52 $1,254.76 $1,022.43 $1,777.65 $813.24 $1,394.15 $580.91 72 $467.49 $1,328.56 $1,082.57 $1,882.21 $861.07 $1,476.15 $615.08 71 $493.46 $1,402.36 $1,142.71 $1,986.77 $908.90 $1,558.15 $649.25 70 $519.43 $1,476.17 $1,202.84 $2,091.33 $956.74 $1,640.15 $683.41 69 $519.43 $1,476.17 $1,202.84 $2,091.33 $956.7...
After Retirement. The death benefit, if any, will depend on the form of pension you had elected at your date of retirement.
After Retirement. If the Grantee becomes Disabled after Retirement, the treatment of the PSUs will be determined in accordance with Section 5 of this Agreement.
After Retirement. When you die after retirement, your beneficiary will receive benefits according to the form of pension you chose at retirement. For example, if you chose the normal form of pension payment guaranteed for 120 monthly payments, your beneficiary will receive the balance of those payments.
After Retirement. Unless a member otherwise elects, the pension erwise payable to him shall be reduced by and in the event of his death, of this reduced amount of pension shall be payable to his surviving spouse, if any.
After Retirement. The death benefit, if any, payable in respect of a Member who dies following the commencement of his pension, will depend on the form of pension the Member had elected.
After Retirement. Retirement Income Benefits are payable for the remaining lifetime of a retired member with the guarantee that, if the member dies before a total of sixty (60) monthly benefit payments have been made, the balance of such payments will be continued to their beneficiary or provide for commutation of the benefits for the balance of the guarantee period to the estate. Prior to their date of retirement, a member may, however elect to have their retirement income benefit paid in optional form and in such event, the benefits, if any, payable following the death of the member will be determined in accordance with the terms and conditions of such optional form. Optional forms available under the Plan include:
