Your simplified Annual Statement: Making it easier to understand your pension

Posted for Members, October 3, 2019

We’ve enhanced your Annual Statement! Your next Statement will still contain all your valuable pension information in one place, with a fresh, new look.

To help you better understand your pension, your next Annual Statement in spring of 2020 will have:

  • A new and simplified design that makes your statement easier to read.
  • A graph that shows the increase in your pension from your last statement (if you have more than one year of membership).
  • The summary of your total lifetime pension from DBprime and DBplus (if applicable). If you have built a pension in DBprime, DBplus (or both), you will see the contributions you’ve made in each plan design, and your pension calculation.

Keep an eye out for your Annual Statement in Spring 2020. In the meantime, if you’re wondering what your pension might be when you retire, or if you’re thinking about making a purchase, use your latest Statement in conjunction with the DBprime or DBplus Estimator, to get an estimate on our website at any time.