The Single Life Benefit Plan
At retirement, you choose from six different benefit plans to direct the payment of your lifetime monthly service retirement benefits. The Single Life plan is one of those choices.
Facts About the Single Life Plan:
- Largest lifetime retiree benefit
- No monthly benefits for your beneficiary
- Any remaining contributions and interest at your death are paid to your beneficiary.
- You can name any person(s) or legal entity(ies) as your beneficiary and you can change your beneficiary at any time.