捆绑SM社区

Intended for members of Part A (hybrid segment) of the 捆绑SM社区 Pension Plan (MUPP) - joined prior to January 1, 2009.聽 This 90 minute session will include such topics as:

• Difference between a defined contribution (DC), defined benefit (DB) and hybrid pension plan (DC + DB).
• What is the Defined Benefit (DB) Minimum?
• What is the DB Minimum formula for the MUPP?
• How is the supplement calculated?
• What the difference between receiving my supplement as a pension vs a transfer value?
• When is the supplement paid?
• Where can I view my current supplement?
• How do interest rates impact the supplement?

We recommend that, if possible, members of Part A (hybrid - joined prior to January 1, 2009) attend this session before attending a Settlement Option Information Session.聽聽**If you attained age 65 prior to August 2020 or already settled your defined benefit holdings, you should not register for this session as the defined benefit minimum provisions no longer apply in these cases.

To register:

• In the Employee Menu, click on Training Menu, select Pension Management and this course to register.
• The link to join via MS Teams will be sent closer to the date.