Annuity Plan Changes

Your Annuity benefit is expressed as an accumulation account that grows each year due to contribution credits and interest credits.

Annuity Plan Changes

Your Annuity benefit is expressed as an accumulation account that grows each year due to contribution credits and interest credits.

Annuity Plan FAQs

Additional 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.
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Key Terms and Definitions