![]() It is usually a requirement of the Plan that the amount awarded to the Alternate Payee be expressed in terms of a monthly benefit payable for either the lifetime of the Participant or the Alternate Payee. It is important to remember that under this type of plan, the Alternate Payee is typically not awarded a lump sum cash payment from the Plan. This type of plan does not maintain individual accounts for employees. Benefits under this type of plan are often referred to as accrued benefits. The retirement benefit is typically payable to the employee upon attainment of their normal retirement age for the remainder of his/her lifetime. The retirement benefit paid to a retiree is typically calculated using a formula which often employs years of credited service under the plan and salary information. LOCAL UNION 1710 IBEW PENSION TRUST FUND is a Defined Benefit Plan providing retirees with a predetermined monthly retirement benefit upon reaching a specific age. ![]() They have an extensive menu of milk teas, iced teas, smoothies, slush, and shakes for very reasonable prices. ![]() This page is provided for informational purposes only. Located in the Food Court area of the Shops at Santa Anita. It is not related or connected to the retirement account listed on this page. QdroDesk is a private company that only helps with the divorce process. Do not call QdroDesk for retirement account information unless it is in regards to a divorce. VERY IMPORTANT! The information on this page is for people going through a divorce or attorneys helping their clients.
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