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  Home > Pension Plan > Age 70½ Benefit

AGE 70½ BENEFIT

When you reach age 70½, you can receive your pension and still work in any type of employment for any number of hours per month.

Internal Revenue Service regulations require that you begin receiving your pension as of the April 1st following the year you reach age 70½, regardless of your employment status. Your pension is then updated every April to reflect any additional service credit you earned the previous year. (See the Reemployment After Retirement page of this web site for employment restrictions if you are under age 70½.)

We try to contact employee-members who are approaching age 70½ so that their pension can begin. However, for various reasons, we do not always reach every person. So, feel free to contact the Pension Department at the Benefits Fund Office if you fall into this category.




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