Laserfiche WebLink
Benefit Factors <br /> Safety <br /> Age 2% @55 2% @50 3% @55 3% @50 <br /> 50 1.426% 2.00% 2.40% 3.00% <br /> 51 1.522% 2.14% 2.52% 3.00% <br /> 52 1.628% 2.28% 2.64% 3.00% <br /> 53 1.742% 2.42% 2.76% 3.00% <br /> 54 1.866% 2.56% 2.88% 3.00% <br /> 55 2.00% 2.70% 3.00% 3.00% <br /> 56 2.00% 2.70% 3.00% 3.00% <br /> 57 2.00% 2.70% 3.00% 3.00% <br /> 58 2.00% 2.70% 3.00% 3.00% <br /> 59 2.00% 2.70% 3.00% 3.00% <br /> 60 2.00% 2.70% 3.00% 3.00% <br /> Member Contribution Rate <br /> 8% 9% 9% 9% <br /> August 16,201 I 7 <br /> Current Benefits & Contribution Rates <br /> • Key Terminology/ Acronyms <br /> • FAE -Final Average Earnings <br /> • PRSA -Post Retirement Survivor Allowance <br /> • COLA -Cost of Living Adjustment <br /> • EPMC-Employer Paid Member Contributions <br /> • ER Contr-Employer Contributions <br /> • PERS on PERS <br /> ❑ Extra `cost` based on each benefit component that is attributable to <br /> contributions being based on PERSable wages. <br /> I <br /> August 16,2011 8 . ..• <br />