Alaska Teamster-Employer Welfare and Pension Trusts
Welfare
Welfare Trust
BenefitTabs™
Find Network Providers
SPD (Plan Summary)
Forms
FAQs
Links
Pension
Pension Trust
BenefitTabs™
SPD (Plan Summary)
Forms
FAQs
Links
Life
Events
Relationships
Dependent
Employment
Miscellaneous
Disability
Death
News/Announcements
Trust Info
Staff Directory
Site Index
Home
MediClaims
NETime
eCommunications
Print this page
Email this page
Normal Retirement
Reduced/Unreduced Retirement
Rule of 80
Disability Retirement
Pre
-
Retirement Death
Vesting & Credits
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
Vested
; and
At least 1,000 Contributory Hours (excluding
Recaptured Hours
) after June 30, 1997
Monthly Normal Retirement Benefit
In general (see
Exceptions
), sum of:
$25 times
Past Benefit Service
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 »
Straight Life Annuity
Five-Year Certain Life Annuity
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