Vesting

Generally, you earn one year of vesting service if you work 700 or more hours in covered employment in a plan year.

You are fully vested in the Plan when you complete five years of vesting service without a break in service. “Fully vested” means you’ve earned a benefit that is yours to keep when you leave covered employment.

Check your annual statement to track your benefit!

Each year, you’ll receive a statement showing your estimated benefit amount based on the records currently on file in the Benefits Office. The statement assumes you’ll retire at age 65 with a Normal Retirement Pension. Compare your pay stubs with your statement’s hours; contact the Benefits Office immediately if you notice a difference.