Summary Guide to Retiree Benefits 2018

Summary Guide to Retiree Benefits Table of Contents Preparing for Retirement.................................................................................................................................. 1 Eligibility for Official University Retiree Status.................................................................................................. 2 UPMC Benefit Management Services (BMS)..................................................................................................... 3 Defined Dollar Benefit (DDB) History and Description....................................................................................... 4 Pre-65 Retiree Benefit Elections...................................................................................................................... 5 Transitioning from Pre-65 to Post-65 Retiree Benefits.................................................................................... 10 Post-65 Retiree Benefit Elections................................................................................................................... 12 Important Pre-65/Post-65 Benefit Details....................................................................................................... 15 Retirement Savings and Pension Plan............................................................................................................ 16 General Retiree Information........................................................................................................................... 17 Action Steps.................................................................................................................................................. 18 Contact Information....................................................................................................................................... 19