Example
Average High Salary
= $30,000.00/year
average monthly earnings = $2,500.00
Times multipliers:
1.765% = $44.125
1.6%
= $40.00
20 years before 1/1/00 =
$882.50
(20 x 44.125)
10 years after 12/31/99 =
$400.00
(10 x 40.00)
Times years of service:
Monthly Annuity
=
$1,282.50