Plan | Basic Benefit Calculation | PLUS Pre-Social Security Benefit |
---|---|---|
A & C |
1.8% x FAS x Years of Benefit Service x 1.03 |
1.0% x FAS x Years of Benefit Service x 1.03 |
B & D |
2.0% x FAS x Years of Benefit Service x 1.03 |
1.0% x FAS x Years of Benefit Service x 1.03 |
E |
2.0% x FAS x Years of Benefit Service |
None |
* FAS stands for Final Average Salary, which is calculated as the average of the member’s highest 78 consecutive pay periods (36 months) salary