To qualify for the post-age 65 exemption, if you are at least age 65 you must satisfy two conditions:
(1) You must have been retired and receiving a pension benefit for at least 12 months, and
(2) You must not have worked in any "Restricted Reemployment" for at least 12 consecutive months immediately preceding age 65 (or if retirement date is after 65, 12 consecutive months immediately preceding the retirement date).
For more information, refer to the Restricted Reemployment Rules chart.
To ensure immediate access to your benefits, you should have your benefits automatically deposited to your checking or savings account. With the Fund’s Electronic Fund Transfer (EFT) service, your benefits will always be available on the first banking day of each month, and you will not have to rely on the mail. To request an EFT sign-up form click here.
Your first benefit payment will be mailed to your home address. You will continue to receive your benefit by check until you have enrolled in our Electronic Fund Transfer (EFT) program. Within 60 days of enrolling, your pension benefit will automatically be deposited into the account you designated. To enroll in the EFT program, complete the sign-up form
to about 212,000 individuals each month.
That's over 140 pieces of mail every day.
Our oldest living pensioner was born Dec. 7, 1910, retired Jan. 31, 1969, and has received 564 months of benefits.