TCP1 Defined Benefit Pension Plan
TCP1 Retirement Benefit Programs
Retirement income is based on your age, service credit, and the average of your highest 36 consecutive month salaries calculated on your retirement date. In general, the older you are and the more service credit you have, the higher your retirement income will be. Your monthly retirement income is affected by whether you choose to provide a monthly retirement benefit for your spouse or a contingent annuitant.
Survivor Income Program
The LANS Defined Benefit Eligible Survivor Income Program (SIP) provides a Survivor Income Benefit for certain survivors of certain members of the LANS Defined Benefit Pension Plan.
Other plans include Health & Welfare, Disability (DBED) and Death benefits: