Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insightsâ¦.
Benefit Payments and Direct Deposit. When your pension begins, you receive a benefit payment each month (unless you receive a mandatory cash-out payment or you have elected a voluntary cash-out of your benefit). You can elect payment by mail or through electronic direct deposit. We encourage benefit recipients to sign up for direct deposit.
Your pension benefit is based on your years of service and your salary when you retire or leave the company, your age at retirement and the form of payment you elect. When the salary component of the pension calculation freezes on Jan. 1, 2016, your final average pay will be calculated as of that point.