Frequently Asked Questions - SPU 401(a) Pension Plan

Questions about participation

Am I eligible to participate in the pension plan?

When can I participate if I leave SPU and later return?

What happens in the event of my death?

Questions about contributions

How much will SPU contribute to the plan for me?

What information will I receive about my account?

Can I roll over a retirement plan from another employer's plan?

Questions about vesting

What is the vested percentage of my account?

What happens to the portion of my account that is not vested?

Questions about account valuations and distributions

When will my retirement benefits be paid?

When are my accounts valued?

How are distributions taxed?