Alaska Teamster-Employer Welfare and Pension Trusts

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    • Normal Retirement

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    • Rule of 80

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  • If you have less than 1,000 Contributory Hours (excluding Recaptured Hours) after June 30, 1997, click here.
     
  • Age

    65 or over
     
  • Service and Other Requirements

    1. Vested; and
    2. At least 1,000 Contributory Hours (excluding Recaptured Hours) after June 30, 1997
     
  • Monthly Normal Retirement Benefit

    In general (see Exceptions), sum of:
    1. $25 times Past Benefit Service
    2. Contributory Benefit Service:
      • 2.5% of Contributions made through June 30, 2003; plus
      • 1.25% of Contributions made July 1, 2003 through June 30, 2006; plus
      • 2.00% of Contributions made July 1, 2006 through June 30, 2007; plus
      • 1.00% of Contributions made July 1, 2007 and later

        (including Recaptured Benefit Service ) (excluding Rule of 80 Surcharge)
    Delayed Retirement After 65
     
  • Forms of Payment More Information »

    1. Straight Life Annuity
    2. Five-Year Certain Life Annuity
    3. Joint Annuity
    Reduction Factors
    All forms of payment except the Straight Life Annuity are actuarially reduced.
    Change of Form/Joint Annuitant
     
  • Conditions Which May Result In Loss of Some or All Benefits

    Suspension of Benefits
     
  • View Plan Summary
     
 
 
 
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