Retirement Options for SERS Members (SERS - 154) Pamphlet
plan other than the Maximum Single Life Annuity. The other choices or options are: Option 1 Under this plan, you will receive a smaller monthly pension than the Maximum Single Life Annuity. Monthly pension payments will be made to you for life. When you die, your beneficiaries will receive your SERS account’s present value at retirement, ................
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