Understanding the Pension Boards' Retirement Plan

by | Sep 30, 2022 | Retirement Pension

Understanding the Pension Boards' Retirement Plan




Chapters:
00:00 – Intro
01:32 – Step 1: retirement plan Contributions
02:10 – Step 2: Investment Options
03:13 – Step 3: Pension Payment Options
04:38 – Step 4: Pension Boards’ retirement plan Annuity Selection
05:27 – Basic Annuity Option
05:43 – Participating Annuity Option
06:24 – Pension Boards’ retirement plan FAQs
06:36 – 4% Annual Return Assumption
07:38 – 4% Example
08:54 – Monthly Lifetime Income Adjustments
09:47 – Funded Status Explained
10:46 – Monthly Adjustment Example
11:37 – Grandfathered Annuity Options: Changes Explained
13:26 – Effects of the Stock Market
14:47 – Fixed Income Returns
15:39 – Learn More About the Pension Boards’ retirement plan(read more)


LEARN MORE ABOUT: Retirement Pension Plans

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