If a member selects the Maximum Plan as a retirement option, he/she will receive the basic benefit, paid monthly for the lifetime of the member.
It does not pay a monthly benefit to your spouse, or other dependents. Should you die before your member contribution account is depleted, your beneficiary receives a lump sum payment of your remaining member contributions.
Showing posts with label retirement options. Show all posts
Showing posts with label retirement options. Show all posts
Thursday, September 11, 2008
Thursday, February 28, 2008
LASERS-Did you know?
If a member selects the Maximum Plan as a retirement option, he/she will receive the basic benefit, paid monthly for the lifetime of the member.
It does not pay a monthly benefit to your spouse, or other dependents. Should you die before your member contribution account is depleted, your beneficiary receives a lump sum payment of your remaining member contributions.
It does not pay a monthly benefit to your spouse, or other dependents. Should you die before your member contribution account is depleted, your beneficiary receives a lump sum payment of your remaining member contributions.
Thursday, December 6, 2007
LASERS-Did you know?
If a member selects the Maximum Plan as a retirement option, he/she will receive the basic benefit, paid monthly for the lifetime of the member.
It does not pay a monthly benefit to your spouse, or other dependents. Should you die before your member contribution is depleted, your beneficiary receives a lump sum payment of your remaining member contributions.
It does not pay a monthly benefit to your spouse, or other dependents. Should you die before your member contribution is depleted, your beneficiary receives a lump sum payment of your remaining member contributions.
Tuesday, August 21, 2007
LASERS-Did you know?
If a member selects the Maximum Plan as a retirement option, he/she will receive the basic benefit, paid monthly for the lifetime of the member.
It does not pay a monthly benefit to your spouse, or other dependents. Should you die before your member contribution account is depleted, your beneficiary receives a lump sum payment of your remaining member contributions.
It does not pay a monthly benefit to your spouse, or other dependents. Should you die before your member contribution account is depleted, your beneficiary receives a lump sum payment of your remaining member contributions.
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