Prior to meeting the age 21 and one year service requirement, you are able to rollover qualified distributions from another qualified plan into the Thrift Plan and direct investment of those funds. Retirement Plan You will be eligible to participate in the Retirement Plan when you are at least age 21 and have completed one year of service. You may retire on the first day of any month after age 50 if you have at least ten years of vesting service. You are vested in the Plan upon the completion of five years of vesting service or age 65. This Plan is provided entirely at Company expense.
Eligibility varies by location.
However, the reimbursement percent may be higher or lower depending on the option selected. The Prescription Drug and MMH Programs have separate deductibles and stop-loss limits, if any. Major restorative expenses are based on a schedule. This Plan is available if you live or work in a network area. New employees will receive additional information regarding these accounts directly from FlexBen Corporation.