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General Members
Calculating your pension payments can be a tricky equation to solve. We're here to help you through the process.
Follow these steps to learn how your pension is calculated.…
Death before retirementIn the event you die before you begin receiving your pension, the Plan will provide a death benefit to your named beneficiary(ies) equal to the commuted value of the pension…
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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