Retirement Counseling. Employees within ten (10) years of retirement shall be granted up to two (2) days off with pay during their careers to attend retirement planning programs. Such days off must be approved in advance by the Employer.
Retirement Counseling. An employee who is planning retirement, or who is leaving City employment, should consult the Retirement Officer (619-525-3600) to discuss available retirement benefits, and the SPSP Administrator in Risk Management (619-236-7300) regarding SPSP to discuss payout of monies held in the employee’s SPSP Plan account.
Retirement Counseling. The Employer shall sponsor at least two (2) retirement planning programs annually. Such programs shall be a minimum of four (4) hours in duration and shall be offered to all employees regardless of years of service. During their employment with the Washington State Patrol, employees shall be allowed to attend up to two (2) such programs in paid status.
Retirement Counseling. Employees within fifteen (15) years of retirement shall be granted up to twenty-eight (28) hours with pay once during their careers to investigate retirement programs. Such time off must be approved in advance by the Employer.
Retirement Counseling. The Board recognizes the value of retirement counseling for all members considering retirement and agrees to work with the Association to establish a retirement counseling program. The Board agrees to pay for a lifetime maximum of three (3) hours of independent retirement counseling for each member considering retirement, in accordance with the program.
Retirement Counseling. Upon request of an Employee, the Employer shall make pre-retirement counseling available to the employee. Such counseling shall normally include: the approximate amount of annuity, eligibility to continue health and life insurance, approximate amount and time of lump sum payment of annual leave, eligibility for future employment, the effect of outside earning on the annuity (if applicable) and the estimated date of receipt of the first annuity payment, the effect of electing survivor benefits and referral to the appropriate OPM website or office for any additional information the employee may need. Employee requests will be met with a prompt response from the appropriate Human Resources office.
Retirement Counseling. The City shall assign an employee of the Fire Department to the task of providing retirement counseling to sworn members of the Fire Department. If the person so assigned fails to provide the information requested a member may request such information from the Human Resources Bureau Assistant Chief.
Retirement Counseling. The Employer will provide a retirement counseling program describing benefits and eligibility, to be made available on an as-needed basis, in which all employees in the unit nearing eligibility for retirement may voluntarily participate. Employees nearing eligibility for retirement who have questions concerning retirement benefits will, upon request, receive an oral or written response.
Retirement Counseling. 1. The Employer will provide retirement counseling when new employees are hired. In addition, retirement counseling will be provided during new employee orientation.
Retirement Counseling. Effective June 30, 2017, the in-person retirement counseling program will be eliminated. Effective July 1, 2017, employees seeking retirement counseling will be assigned a DTE qualified specialist (currently, through Your Benefits Resource Center) for questions related to retiree income and medical. The amount received under Option I is 76.5% of the Option III retirement allowance if the employee and the employee’s beneficiary are the same age. If the beneficiary is younger, this percentage will be reduced by 1.2% for each 12 full months of difference in ages. If the beneficiary is older, the percentage will be increased by 1.2% for each 12 full months of difference in ages up to a maximum of 100%. If employees choose this Option I and their designated beneficiary pre- deceases them, the employee’s retirement allowance will, effective the first of the month after the death of the designated beneficiary, revert back to what it would have been had the employee retired under Option III.
