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52 .

55 percent @

R E T I R E M E N T F O RMU L A S A N D B E N E F I T F A C TO R S 2.5% at 55 Benefit Factors The chart below shows how the benefit factor increases for each quarter year of age from 50 to 55, and the required years of service to reach your maximum percentage allowed by law.

2.5% at 55 Benefit Formula Minimum Age for Retirement 50

Age at Retirement

Benefit Factor

Years Needed to Attain 90%

50

2.000%

45.000

50 ¼ 50 ½ 50 ¾

2.025%

44.445

2.050%

43.903

2.075%

43.375

51

2.100%

42.858

51 ¼

2.125%

42.353

51½

2.150%

41.861

51 ¾

2.175%

41.380

52

2.200%

40.910

52 ¼ 52 ½ 52 ¾

2.225%

40.450

2.250%

40.000

2.275%

39.561

53

2.300%

39.131

53 ¼ 53 ½ 53 ¾

2.325%

38.710

2.350%

38.298

2.375%

37.895

54

2.400%

37.500

54 ¼ 54 ½ 54 ¾

2.425%

37.114

2.450%

36.735

2.475%

36.364

55 or older

2.500%

36.000

38

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