Your Secure Retirement Plan
It's Easy to Get Started
Participating in the Secure Retirement Plan is easy. You just need to start working as a caregiver.
After 7 months of working as a caregiver, you will get contributions from employer based on the number of hours you work. After your employer contributions begin, you will get welcome materials where you can enroll in the plan. The contributions are automatic and purely an added benefit to you.
To review your funds, set up an online account on Retirement: My Plan using your touchscreen phone, tablet or computer. Then you can:
See your balance.
Update your contact information.
Name a beneficiary.
Keep working, and watch your retirement grow on Retirement: My Plan.
Already have an account, created July 1, 2020 or later? Log in here:
How you get your retirement funds
How you get your retirement funds depends on how old you are and whether you are still working as a caregiver.
|Under age 65 and still working as a caregiver||You qualify for a retirement payment when you reach age 65.|
|Under age 65 and NOT working as a caregiver||
|Over 65 and still working as a caregiver||Once your account reaches $2,400, you can start receiving a minimum monthly payment of $100, depending on your age and account balance*.|
|Over age 65 and NOT working as a caregiver||
Additional information about the SEIU 775 Secure Retirement Plan can be found at Plan Document. In the event of a conflict between this information and the Plan document, the Plan document controls.
*Your payment is based on the whatever is the bigger amount: $100, OR your current account balance divided by your IRS single life expectancy value. For example, if you are 65 and your balance is $30,000, your monthly payment would be $119 (minus the tax that is required to be withheld).