Will my retirement check increase?
n
Fixed Retirement
n
ü
Fixed dividend adjustment
applied on May 1
ü
ü
First year is prorated
ü
ü
Will never be lower than
base annuity
n
Variable Retirement
n
ü
Variable adjustment is applied to
the variable portion on May 1
ü
ü
Can increase or decrease
If increase based on dividend assessment is less than 1%, no dividends are assessed.