Retirement
Comparison of Enhanced TIP Plan to B&C Pension Fund
The following comparisons were developed to help BCTGM-represented employees understand how the Company’s proposed retirement plan compares, in dollars, to the current B&C Pension Fund. While the Company cannot provide specific information on an individual employee’s retirement benefit, below are scenarios based on hypothetical employees’ varying ages and years of service.
Age: 25, Years of Service: 5
Age: 30, Years of Service: 2
Age: 30, Years of Service: 5
Age: 30, Years of Service: 10
Age: 35, Years of Service: 5
Age: 35, Years of Service: 10
Age: 35, Years of Service: 15
Age: 40, Years of Service: 5
Age: 40, Years of Service: 10
Age: 40, Years of Service: 15
Age: 40, Years of Service: 20
Age: 45, Years of Service: 3
Age: 45, Years of Service: 5
Age: 45, Years of Service: 10
Age: 45, Years of Service: 15
Age: 45, Years of Service: 20
Age: 45, Years of Service: 25
Age: 50, Years of Service: 10
Age: 50, Years of Service: 15
Age: 50, Years of Service: 20
Age: 50, Years of Service: 25
Age: 50, Years of Service: 30
Age: 55, Years of Service: 3
Age: 55, Years of Service: 15
Age: 55, Years of Service: 20
Age: 55, Years of Service: 25
Age: 55, Years of Service: 30
Age: 55, Years of Service: 35
Age: 60, Years of Service: 5
Age: 60, Years of Service: 10
Age: 60, Years of Service: 15
Age: 60, Years of Service: 20
Age: 60, Years of Service: 25
Age: 60, Years of Service: 30
Age: 60, Years of Service: 35
Age: 60, Years of Service: 40
Age: 65, Years of Service: 15
Age: 65, Years of Service: 20
Age: 65, Years of Service: 25
Age: 65, Years of Service: 30
Age: 65, Years of Service: 35
Age: 65, Years of Service: 40
Age: 65, Years of Service: 45
Age: 70, Years of Service: 45