Benefit Summary
The Benefit Summary screen allows you to view general information about your retirement benefit. If you are receiving or have received more than one benefit, you can choose the specific benefit for which you want to view information. The rest of the screen contains the specific information about the benefit you select.
To access the Benefit Summary screen, click on the Benefit Summary option in the menu. The Benefit Summary screen opens.
If you have only one benefit, the screen automatically displays the summary information for that benefit. If you have more than one benefit, the screen displays the information for the first benefit you received.
If you have more than one benefit and would like to see information on a benefit that is not currently displayed, click on the benefit displayed next to "Viewing" at the top of the screen. This opens a list of your benefits. Select the benefit you wish to view. The benefit summary for the selected benefit is then displayed on the screen.
Displayed information includes:
- Benefit Type - Type of benefit selected at the top of the screen.
- Payment Method - Your benefit payment method.
- Benefit Status - Current status of this benefit.
- Effective - Date on which this benefit became effective.
- Pension - This is your base benefit amount before any amounts are added or subtracted.
- Annuity - Portion of the benefit that is funded by member contributions.
- Adjustments - Additional amounts added or subtracted from your Pension amount. Adjustments can be permanent, such as cost-of-living adjustments (COLAs) or they can be one-time only, such as prorating partial month payments or correcting an overpayment or underpayment.
- Supplements - Total of any supplements. Supplements are additions to your benefit that are paid for a certain time or for a certain amount and are separate from Pension and Annuity.
- Total Gross - Your benefit amount after factoring in any annuity, adjustment and supplement amounts.
- Withholding - Amount deducted from your benefit to cover taxes.
- Deductions - Total amount of additional deductions (other than Insurance) to be withheld from your benefit.
- Insurance Deductions - Amount deducted from your benefit to cover insurance payments.
- Net Amount - Benefit amount you actually receive after all adjustments, deductions and supplements.
Note that any amounts displayed in parenthesis are negative amounts that are deducted.
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