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| Applying for Benefits |
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When will I begin receiving benefits? Generally, benefits will begin on the first day of the month following actual retirement or application for disability, except in the case of deferred vested benefits. How do I apply for my benefits? You (or your spouse/beneficiary in the case of your death) may apply for benefits by filing an application at the UFCW Local 1776 and Participating Employers Pension Fund Office, 3031B Walton Road, Plymouth Meeting, PA 19462.To make sure your benefit payments are not delayed, you must file an application at least one month before the date you want your benefit payments to begin. The rules of the Plan require that your application be filed in advance, and you are urged to file as soon as you decide on your intended retirement date. Early filing will help avoid delays in the processing of your application and payment of benefits. Application forms are available at the Fund Office. When applying for your benefit, you may be requested to provide proof that you are entitled to receive benefits. How do I elect to receive a form of payment? When you are about to retire, a representative from the Fund Office will explain the forms of payment available to you in greater detail. You will also be provided with an application for benefits to complete. This application will allow you to choose the form of benefit you desire. During the election period before your pension is to begin, you will be given the option of electing not to receive the automatic form of payment YOUR SPOUSE MUST CONSENT IN WRITING TO AN ELECTION TO RECEIVE AN OPTIONAL FORM THAT DOES NOT PROVIDE AT LEAST A 50% SURVIVOR ANNUITY. You may revoke any election prior to date you begin receiving pension payments. |