CTPF members participate in a defined-benefit retirement plan, which offers a secure retirement income for life. Once earned, a pension does not lose value or change with investment or market conditions. CTPF members do not contribute to Social Security during employment. Instead, each pay period, pension contributions are withheld by the employer and sent to CTPF. At retirement, CTPF calculates a pension for retirees that meet the eligibility requirements. Your retirement pension is:  

• based on service credit, final average salary (FAS), and the pension multiplier  

• paid throughout your lifetime  

• protected from inflation with an annual increase