Welcome To The Retiree Benefits Website
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.
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Unit Payment Values
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%