| 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. |
| 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. |