Human Resources & Workforce Diversity
Sample Formula Benefit Calculation Employee Age 61
-
Final Average Earnings $2,736 Formula Factor X .016
-
Years of Creditable Service X 25.00 Age Reduction Factor for Age 61 X .968
-
Annuitants Life Only* = $1,059.38
-
(*Paid monthly to you for life, payment ceases at your death.)
| Previous slide | Next slide | Back to first slide | View graphic version |