What if I decide not to retire until age 68, can I still receive 18/20 Retirement Plan benefits?
Yes, you can still receive 18/20 Retirement Plan benefits if you opt to retire after age 64. If benefits are initiated after age 65, the participant will receive less than 60 months of benefit payments. For example, initiating benefits at age 68 will result in the participant only receiving 24 months of 18/20 benefit payments. Payments are made until the first occurance of 60 payments, age 70, or death.