Utah Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan
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How to fill out Retirement Plan Transfer Agreement For The Motorola, Inc. Pension Plan?
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FAQ
The pension provides a lifetime monthly payment based on years of service and earnings. Pension and employer contributions to the 401(k) are vested after four years. Employer contributes an amount equal to 10% of an employee's salary to a 401(k) plan.
To submit a request to establish reciprocity, log in to your myCalPERS account and select Retirement, then select Retirement Summary from the drop-down list. Under Reciprocity, select submit a request to establish reciprocity.
You can apply: Online; or. By calling our national toll-free service at 1-800-772-1213 (TTY 1-800-325-0778) or visiting your local Social Security office. Call ahead to make an appointment. If you do not live in the U.S. or one of its territories, you can also contact your nearest U.S.
You qualify for a monthly retirement benefit if you are: ?65 with 4 years of service. ?62 with 10 years of service. ?60 with 20 years of service. ?Any age with 35 years of service.
The average retirement benefit is $17,894 per year, or $1,491 per month.
» Contact the Retirement Benefits Department at 801-366-7770 for a retirement application. You can apply if you are within 90 days before and up to 90 days after your last day worked. The Retirement Benefits Department must complete a pension estimate before you will receive your application.
