National Grid Retirement Planning Guide

Local 97 recently met with National Grid to go over the retirement process. If you're looking to retire this year, the attached Retirement Planning Guide will help you through the process. As a reminder, those in the transition group planning to retire this year will need to have their paperwork in as soon as possible to ensure their retirement is processed and finalized in 2022. The recent increase in interest rates will result in a significant decrease to the transition group pension lump sum if the retirment takes effect in 2023. Please reach out to the union hall if you have any additional questions.