Welcome To The Retiree Benefits Website

Click here for your 2020 Retiree Medical Details

 

---

 

Your Yearly AERP Pension Update

Some AERP retirees have asked about the AERP investment return and its impact on the AERP unit value and annual benefit payments. In response, we have compiled some information to share with all participants to help you better understand how your pension works.
Click here for more information

Unit Payment Values

	2019	2020
Variable Benefit	$11.0941	$11.1021	+0.07%
Alternate Variable	$2.1175	$2.0849	-1.54%
Portfolio A	$2.5637	$2.5722	+0.33%

Fixed Benefit COLA 2019:

Participants that were originally hired before January 1, 1985: 2.0%
Participants that were originally hired on or after January 1, 1985: 2.0%

Fixed Benefit COLA 2020:

Participants that were originally hired before January 1, 1985: 2.0%
Participants that were originally hired on or after January 1, 1985: 1.711%