For employees hired July 1, 2013 – June 30, 2016

As a UCRP 2013 Tier member, you can elect to retire and receive benefits at any time after you become eligible — that is, when you reach age 55 and leave UC employment with at least five years of service credit. When you retire, you may choose a lifetime monthly benefit.

Monthly Retirement Income

The lifetime monthly benefit, called Basic Retirement Income (BRI) is a percentage of your average salary or HAPC. The percentage is based on your service credit and age at retirement.

For example, if you retire at age 65 (age factor of .0250) with 20 years of service credit, the benefit percentage is 50 percent (.0250 x 20). Your basic retirement income would be 50 percent of your HAPC.

You can choose to provide monthly lifetime benefit for a spouse, domestic partner or another person — called a contingent annuitant — by reducing your retirement benefit. The amount of the reduction varies according to the contingent annuitant option you choose and the average life expectancy of you and the contingent annuitant. 

You can estimate your retirement benefits and model the various contingent annuitant options by logging in to your personal account. (Choose "Retirement Estimates" under Retirement & Savings.)

Please note that an Internal Revenue Code regulation may place a limitation on the extent your monthly benefits can be reduced to provide for a non-spouse contingent annuitant who is more than 10 years younger than you. As a result, some or all of the alternate payment options may not be available for you to elect if the contingent annuitant is more than ten years younger than you. If you believe this regulation may apply to your situation, please contact the Retirement Administration Service Center or your local benefits office to make sure you have accurate information about your payment options. 

See the UCRP Summary Plan Description for 2013 Tier Members for complete information.

You are also eligible for other benefits including:

  • Death benefits: When you die, UCRP pays a basic death payment of $7,500 to your beneficiary in addition to any monthly UCRP income that may be payable to eligible survivors or to the contingent annuitant.
  • Disability benefits: If you become disabled while an active member (actively at work) and meet the eligibility requirements for UCRP disability income, you may apply for disability income. Complete details including service requirements, definitions, and how to apply can be found in the UCRP Summary Plan Description for 2013 Tier Members.

Some 2013 Tier members are also eligible for:

  • Retiree health insurance: You must have at least 10 years of service credit and meet other eligibility requirements at retirement to be eligible. More information

If you're a member of a union, your benefits may be different. Consult your collective bargaining agreement for details.