Rollovers of Defined Contributions to Purchase Additional Lifetime Income
At the time of your retirement, or anytime post-retirement, you are able to rollover money from your Defined Contribution funds into your Pension.
If you chose to take advantage of this option you will receive the following benefits:
- Provide additional monthly income for your lifetime
- Removes the risk of decrease in principal due to changes in the markets
- Removes the risk of outliving money in the Defined Contribution account
We highly encourage you to check with the Plan Specialist by calling 877-482-6882 in order to assist you with the process.