TERS
SUPPLEMENTAL BENEFIT PLAN
TERS
SUPPLEMENTAL BENEFIT PLAN
WHAT ARE THE BENEFITS?
You will receive a benefit which may increase each year (up to a maximum of 18 years) while your last Employer continues to contribute to the Supplemental Plan. See "Basic Benefits" for details.
If you earn eight full years of benefit increases, any further benefit increases will be by smaller amounts each year, until further increases stop after 18 years, and that benefit amount continues for your life. See "Graded Benefits" for details.
If you retired before your last Employer began contributing to the Supplemental Plan, you may receive an additional benefit, which remains level for life. See "Past Service" for details.
If you were married at the time you became entitled to a benefit from the Supplemental Plan and if your spouse survives you, your spouse will receive a benefit following your death for your spouse’s remaining lifetime. See "Death Benefits" for details.
If your last Employer ceases contributing to the Supplemental Plan, you will continue to receive a benefit for life, but it will no longer increase each year. See "Employer Withdrawal" for details.
