Annuity Plan Changes Effective January 1, 2023
Your Annuity benefit is expressed as an accumulation account that grows each year due to contribution credits and interest credits.
Annuity Plan Changes Effective January 1, 2023
Your Annuity benefit is expressed as an accumulation account that grows each year due to contribution credits and interest credits.
EAS Annuity Plan Details
Immediate Vesting for Participants after first dollar contribution
Post-merger EASCAF will allow distributions for the following reasons:
- Retirement or Death
- Total & Permanent Disability
- 12 months after Separation of Service
- In-Service at Age 59 ½
- Qualified Domestic Relations Order ("QDRO")
- Hardship Withdrawal
- Medical Expenses
- Purchase or Construction of Principal Residence
- Home improvements due to Catastrophic Life Events
- Educational Fees
- To Prevent Eviction from Principal Residence or Foreclosure of mortgage
- Funeral Expenses.
Annuity Plan FAQs
