Distribution request – The Pension Department

Welcome to our Distribution Request CenterTo initiate a distribution from your retirement account, please follow these simple steps:

Locate your financial institution's logo below.
Click on the logo corresponding to where your funds are held (e.g., American Funds, John Hancock).
You'll be directed to a secure page where you can enter your information.
Once submitted, the appropriate distribution forms will be emailed to you.

If you don't see your financial institution listed, or if your account is held in a brokerage, please use our standard PDI Distribution Form. This form is designed to accommodate a wide range of distribution requests across various account types. Click the PDI logo.

Ensure you have all necessary information ready before starting the process.
For questions or assistance, please contact our support team.

Remember, carefully consider the implications of taking a distribution from your retirement account. Consult with a financial advisor if you're unsure about the best course of action for your specific situation

pdtrans

Invesco

function calculate401k() { const currentAge = parseInt(document.getElementById('currentAge').value); const retirementAge = parseInt(document.getElementById('retirementAge').value); const annualSalary = parseFloat(document.getElementById('annualSalary').value); const contributionRate = parseFloat(document.getElementById('contributionRate').value) / 100; const employerMatch = parseFloat(document.getElementById('employerMatch').value) || 0; const currentBalance = parseFloat(document.getElementById('currentBalance').value) || 0; const expectedReturn = parseFloat(document.getElementById('expectedReturn').value) / 100; const salaryIncrease = parseFloat(document.getElementById('salaryIncrease').value) / 100; const inflationRate = parseFloat(document.getElementById('inflationRate').value) / 100; if (isNaN(currentAge) || isNaN(retirementAge) || isNaN(annualSalary) || isNaN(contributionRate) || isNaN(expectedReturn)) { document.getElementById('result').innerHTML = "

Please fill out all required fields correctly.

"; return; } const yearsToRetirement = retirementAge - currentAge; let totalContribution = currentBalance; for (let year = 0; year < yearsToRetirement; year++) { const yearlyContribution = (annualSalary * Math.pow(1 + salaryIncrease, year)) * contributionRate + employerMatch; totalContribution += yearlyContribution; totalContribution *= (1 + expectedReturn); } const realValueAtRetirement = totalContribution / Math.pow(1 + inflationRate, yearsToRetirement); document.getElementById('result').innerHTML = `

Your estimated total balance at retirement is $${totalContribution.toFixed(2)}.

Adjusted for inflation, the estimated value is $${realValueAtRetirement.toFixed(2)}.

`; }