How do I know if I am vested?
Vesting means that you have satisfied the service requirements for a pension and will be eligible for a pension once you meet the age and other requirements. Once you are vested, your previously earned Pension Credit cannot be cancelled.
You can become vested in three ways:
- Ten Year Vesting – You are vested once you have accumulated 10 Pension Credits. Learn more.
- Limited Five-Year Vesting – You are vested once you have accumulated 5 Pension Credits without a Permanent Break in Service and have satisfied the Activity Test.
- Normal Retirement Age Vesting – You are vested once you have attained Normal Retirement Age (65) without a Permanent Break in Service.
Log onto your Benefits Manager to view your Pension Credits under the earnings tab or view your Pension Summaries under Pension tab then select Statement and Documents.
Refer to the SPD for further information on Vesting and Break in Service.