Understanding your benefits while planning your retirement is important. Before you fill out your Service Retirement Application, review the different options for your Defined Benefit and Defined Benefit Supplement.

Two important tips for your Defined Benefit Supplement election

If your Defined Benefit choice is Member-Only Benefit, your election can only be one of the following:

• Lump-sum payment.
• Period-certain annuity of three to 10 years.
• Member-Only Annuity.
• Combination lump sum and period-certain annuity of three to 10 years.
• Combination lump sum and Member-Only Annuity.

If your Defined Benefit choice is Modified Benefit, your election can only be one of the following:

• Lump-sum payment.
• Period-certain annuity of three to 10 years.
• Lifetime annuity (100%, 75% or 50% beneficiary annuity).
• Combination lump sum and period-certain annuity of three to 10 years.
• Combination lump sum and lifetime annuity (100%, 75% or 50% beneficiary annuity).

If you do not want to roll over your Defined Benefit Supplement account balance, we encourage you to submit your application online for a simpler process and faster turnaround time.

For a step-by-step guide to planning for retirement, see Your Retirement Guide.