Trinity Health Retirement Program
| |   
  PARTICIPANTS   PLAN FOR THE FUTURE  INVEST YOUR ASSETS  MANAGE YOUR ACCOUNT  RETIRING  HR REPS
Participants
Pension General Info
TAPE
Pension FAQs
Retirement Savings Gen. Info
Enroll Today
Glossary
Match Calculator
Fund Options
Fund Performance
Schwab PCRA
Schwab.com
Retirement Savings FAQs
Social Security Gen. Info
SSA FAQs
SSA.gov
Summary Plan Descriptions
Summary Annual Reports
Plan Hightlights
Key Interest Rates
Forms











Participants

Pension Plan FAQs

Accrued | Eligibility | Formula | Normal | Early | Vesting | Payment Options | Beneficiary | Termination | Survivor | Other | Phased Retirement

Early Retirement Age

What if I retire before the normal retirement age?

The normal retirement age is age 65. However, if you are vested, you can retire as early as age 55. Your pension benefits are reduced five percent for each year your benefit starts before the normal retirement date.

What is the earliest age I can begin collecting benefits?
You can retire early with a reduced benefit starting as early as age 55 with five years of vesting service.
If I retire and decide to return to work, will I continue to receive a pension benefit?

If you are under age 65: You may work at Trinity Health up to 1,300 hours in a calendar year after a bona fide termination. (Bona fide termination equals at least 120 days off the Trinity Health payroll system.)

If hours exceed 1,300, benefits are suspended and do not re-commence until termination of all Trinity Health employment or age 65, if earlier.

If you are over age 65: There are no hours restrictions, and you do not have to have a bona fide termination. You can begin receiving retirement benefits and continue working without limitations on the number of hours worked.

Main FAQs

©2007 Trinity Health. All rights reserved. Contact Us | Sitemap | Home