Benefit Payment

Normal distribution is a lump-sum benefit. The benefit amount is equal to the balance of your contributions and your employers’ contributions plus any compounded interest and additional credits.

If you have a balance of $3,500 or more, you may choose one of the following five annuities:

  • Participant-Only Annuity
  • 100% Beneficiary Annuity
  • 75% Beneficiary Annuity
  • 50% Beneficiary Annuity
  • Period-Certain Annuity 3-10 years