Home Home < Retirement and Savings Plans < University of California Retirement Plan (UCRP) < Beneficiaries < Contingent Annuitant < Contingent Annuitant Payment Options

Monthly Retirement Income Payment Options

 

Lifetime Monthly payment to you

Payment to Eligible Survivor

Lifetime payment to Contingent Annuitant

Basic Retirement Income (BRI)

 100%

 25% of BRI

 n/a

Payment Option A

Benefit is reduced to provide contingent annuitant monthly income

25% of BRI

Member's lifetime monthly payment less survivor payment)

Payment Option B

Benefit is reduced to provide contingent annuitant monthly income

25% of BRI

2/3 lifetime monthly payment less survivor payment

Payment Option C

Benefit is reduced to provide contingent annuitant monthly income

25% of BRI

1/2 lifetime monthly payment less survivor payment

Payment Option D

(Spouse or domestic partner must be named Contingent annuitant)

Benefit is reduced to provide contingent annuitant monthly income

0

1/2 of monthly benefit

Use the Retirement Plan Benefit Estimator to estimate your benefit, including estimates for Contingent Annuitant payment options.