Page 10 - Hess Pension 2017
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How Much Will I Receive?
Financial experts estimate that you will need between 70 and 80 percent of your pre-retirement income to live comfortably in retirement. The Hess Pension Plan can play a role in reaching that objective, especially if you participate in the Hess Savings Plan and get the full company match.
The value of your cash Accumulation Account depends on your age, eligible compensation and the Treasury bond rate over time. How much you will receive also depends on the payment option you choose and when you choose to receive it. Read on to learn about plan features and terms you need to know. Then, take advantage of your tools and resources to help with your retirement planning.
8 HoW mUcH Will i REcEivE?
