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The options available to you regarding your lifetime pension from MEPP depend on whether or not you have a spouse when you retire.If you do not have a spouse when you retire, you will have a single…
Accrued benefit – The amount of pension earned to date in a defined benefit pension plan.
Accrual rate – The percentage of your highest average salary used to calculate your pension.
Annuity – A…
Eligibility for designated police officers or firefighters
You are eligible to retire and receive a pension with no reduction if:
you have at least 25 years of eligibility service;
you reach 55…
You are eligible to retire and receive a pension with no reduction when:
your age plus your eligibility service equals at least 80; or
you reach 65 years of age.
You are eligible to retire and…
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