05.01.2015 Views

Retirement Overview for TRW Heritage Employees - Benefits Online

Retirement Overview for TRW Heritage Employees - Benefits Online

Retirement Overview for TRW Heritage Employees - Benefits Online

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

• Normal <strong>Retirement</strong><br />

When can you retire<br />

The later of:<br />

– Age 65, or<br />

– Your age on the earlier of fifth anniversary of your<br />

participation in the Plan and the date you complete 3 years<br />

of vesting service<br />

– Effective the first day of the month coincident with or next<br />

following your normal retirement age, as described above<br />

• Early <strong>Retirement</strong><br />

– Age 55 with 10 or more years of vesting service<br />

– Effective the first day of any month coincident with or<br />

following the date you become eligible<br />

• Historical pension plans may have different eligibility<br />

dates<br />

6

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!