Questions And Answers
- Do members have to take an annuity at retirement, or can they take all the money in cash?
As the Fund of choice, the Fund gives you several choices on retirement. Click here to see all your options.
- Do members have to remove the adult children’s names from the Funeral benefit when they are older and no longer qualify for the benefit?
No, it is not necessary to remove the children’s names as the policy will not pay a claim for a child who no longer qualifies. The number of children does not affect the monthly premium paid for the benefit.
- How well are the Fund’s investments doing compared to other funds?
The Fund has been outperforming its peers, net of fees, for decades. This still holds true during these tough economic times. The Fund’s life stage investment strategy matches your investment to where you are on your retirement journey. This means that when you are younger, your investment grows your savings and as you get closer to retirement, it focuses more on protecting your nest egg.