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Your classic pension benefits explained A guide to available benefitsContents Introduction3Membership4Paying for your benefits6Boosting your pension7Leaving early9Leaving or opting out9Actuarially
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Classic pension benefits include a defined benefit retirement plan that provides a specific amount of monthly income based on salary and years of service.
Employees who are enrolled in the classic pension plan and are eligible for retirement benefits are required to file for their classic pension benefits.
You can fill out your classic pension benefits by completing the required forms provided by your employer or pension plan administrator and submitting them according to the instructions provided.
The purpose of classic pension benefits is to provide retired employees with a steady stream of income during their retirement years.
Information such as salary history, years of service, retirement plan options selected, and beneficiary information must be reported on classic pension benefits.
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