How Do I Collect My Pension Benefit?
When it comes to the TPAF Pension, there are multiple options to choose from when choosing a Beneficiary Option. Maximum Option, Options A-D and Options 1-4. Each with a different definition of its own to define how your pension will pay you out, and how it will pay out to a beneficiary in the event of your passing. Each of these decisions are made at the time of retirement, the more thoroughly you understand your pension options, the more prepared you will be in making this decision.
Below is an example of a Pension Report that will give you an idea of what your Pension will pay you out and how the beneficiary options work and cost come retirement time.
Click to Download the Gap Analysis Pension Report