| Important Information - Please Read |
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| Effect of Actuarial Equivalency Factors on Benefit Payment |
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New actuarial equivalency factors (AEFs) will apply to retirements with an effective date on or after January 1, 2010. The new AEFs will result in a benefit that is approximately 2 percent lower per month for a Money Match calculation and 1 percent lower for a Formula Plus Annuity calculation. For affected members to receive the same initial benefit amount, they would need to delay retirement by about three months. Click here for examples how the updated AEFs will affect a benefit.
This benefit estimate calculator does not use the new AEFs when calculating a benefit estimate.
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| Benefit Estimate Calculator |
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Click here to access the online benefit estimate calculator.
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