The Employees' Retirement Plan is a pension plan, designed to provide you with a guaranteed monthly income at your retirement, paid entirely by Duke.
You automatically become a member of the plan if you are over age 21 and have completed one year of employment, working at least 1,000 hours. You will be entitled to receive plan benefits after completing five years of continuous service, which is called vesting.
Pension Plan Projection
If you are or have been a biweekly-paid employee, you can estimate your pension benefit from the Employees' Retirement Plan.
Summary Plan Description
Please refer to the Summary Plan Description for further details on plan benefits.