Severance and TRW Heritage Retirement Overview - Benefits Online
Severance and TRW Heritage Retirement Overview - Benefits Online
Severance and TRW Heritage Retirement Overview - Benefits Online
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Payment Options• Parts A, greater of B or C <strong>and</strong> D― Single Life Annuity― 50%, 75%, 100% Joint & Survivor with contingentannuitant― 10 years certain <strong>and</strong> continuous― Age 62 level income with single life annuity or 50%, 75%or 100% joint <strong>and</strong> survivor• Part A only— Lump sum if lump sum requirements are met attermination:– Must initiate commencement of benefits prior to the end ofservice accrual (the month of termination)34
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