Understanding Your Retirement Plans of Payment Options
View this video for details pertaining to important considerations when selecting a retirement benefit payment option, an overview of the features of each option and how the different options impact the monthly payment amount. An overview of the Partial Lump-Sum Option Plan, available to Defined Benefit and Combined Plan participants, is also provided.
Additional resources:
- Service Retirement and Plans of Payment brochure (select the brochure specific to your retirement plan selection):
- The benefit estimate calculator in your Online Personal Account
- A benefits counseling session (individual or group opportunities available)
- The Retirement Countdown webinar