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Benefit Factors <br /> Safety <br /> Age 2%@55 2%@50 3%@55 3%@50 !1 <br /> 50 1.42696 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% li <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°A) 3.00% 3.00% <br /> Member Contribution Rate <br /> 8% 9% 9% 9% <br /> August 16,2011 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 /> August 16,2011 8 <br />