Reduced

Unreduced at Age 64 or 62

10 Pension Credits (without or following any Permanent Break in Service)

1. 10 Inside Wire Pension Credits; and
   
2. Age plus Pension Credits is less than 85; and
   
3. Either of the following:
   
   
   1. 3,000 Inside Wire Hours of Pension Credit since January 1, 1981 including 1,000 in the 36 months immediately preceding retirement (Age 62 qualified); or
   2. 300 Inside Wire Hours of Pension Credit in the 36 months immediately preceding retirement (Age 64 qualified)
      

Accrued Monthly Normal Retirement Benefit actuarially reduced 6% per year less than age 65.

Accrued Monthly Normal Retirement Benefit actuarially reduced 6% per year less than age 62 (Age 62 qualified) or age 64 (Age 64 qualified)

1. Single Life Annuity
   
2. 50% Joint and Survivor Annuity*
   
3. 66-2/3% Joint and Survivor Annuity*
   
4. 100% Joint and Survivor Annuity*
   
   *with or without Pop-up Benefit
   Reduction Factors;
   All forms of payment except the Single Life Annuity are reduced.

See also:
Post-Retirement Lump Sum Death Benefits
Mandatory Lump Sum Payment of Small Benefits
Pension Enhancement Option

Potential Loss of Benefits
Suspension of Benefits

Reduced Early Retirement

Unreduced Early Retirement at Age 64 or 62