Retirement Option Election Form – Tier 1 – Option 4 (Five-Year Certain; Ten-Year Certain)

Form #561
This Retirement Option Election Form is for Tier 1 members who wish to elect the Five-Year Certain or Ten-Year Certain Option. By electing this option, you will receive a reduced retirement benefit. If you die within five (or ten) years from the date of retirement, the reduced monthly benefit will continue to be paid to the designated primary beneficiary for the unexpired balance of the five- (or ten-) year period.