Switch View

Please Select Your View

You will only be asked to do this once, though you can change it at any time.

Site Search

VIEWING AS: ACTIVE MEMBER
OEFI Logo

VIEWING AS: ACTIVE MEMBER SWITCH VIEW

OPERATING ENGINEERS
TRUST FUNDS

May I Postpone My Retirement Under This Plan and Commence Retirement Under the Defined Benefit Pension Plan?

Nothing prevents you from commencing your retirement under the Defined Benefit Pension Plan and postponing your retirement under this Plan. By postponing your retirement under this Plan investment gains, if any, will continue to accrue to your Individual Account until such time as you commence distribution of your Individual Account under this Plan. However, distribution of your Individual Account must be made or begin no later than April 1 following the calendar year in which you reach age 70 ½ unless you elect under the provisions of the Plan to defer receipt of benefits until you are no longer working in employment covered by the Plan.

Join Our Mailing List

Get The Scoop in your inbox along with other plan news and information!