Eligible Members:
All
Vesting:
Graded 100% at 20 YCS
Age/YCS:
55/20
Benefit Formula:
53% x Final Average Salary (min $1000) + $132 month for YCS > 20
Final Average Salary:
Highest 60 months
Automatic COLA:
None
Benefit Tier Options:
Partial Lump Sum Option of up to 24 months of benefit.
Social Security:
Yes