Enrollment in the MCCS Retirement Program is offered to eligible Marine Corps Civilian NAF employees, the Marine Corps NAF Group Retirement Program is part of a three tiered retirement package, designed to provide a more financially secure retirement. Included in this retirement package are the Group Retirement Plan, the 401(k) Plan and your Social Security entitlement.

Group Retirement Plan
This plan is known as a "defined benefit" plan, and provides a benefit at the time of your retirement, based on your earnings, and length of credited contributory service to the Plan.

Employee Contributions
Plan participants contribute 1 percent of covered earnings to the Plan.

Vesting
Plan participants are vested in the Plan after 5 credited contributory years.

Retirement Age -

·         Reduced Early Retirement - age 52 with at least 5 years of contributory participation.

·         Unreduced Normal Retirement- age 62 with at least 5 years of contributory participation.

·         Unreduced Early Retirement - age 55 with at least 30 years of contributory participation OR age 60 with at least 20 years of contributory participation

 Benefits available for participants (plan provisions apply)

• Lifetime annuity benefit
• Lifetime annuity with survivor spouse benefit
• Lump sum refund of contributions
• Disability retirement
• Discontinued Service Benefit
• Pre-retirement surviving spouse benefit

Participation Incentive
If you are an active member of both the Retirement Plan and the 401(k) Plan, your employer will contribute an additional one percent to your account in the 401(k) Plan. If you are not an active member of the Retirement Plan, this incentive contribution does not apply.

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MCCS will cease including lump sum annual leave payout in the definition of the earnings for regular employees hired on or after 30 March 2007.   

Contact your local Personnel Office for more details of the plan.