Monthly Normal
Retirement Benefit Exceptions
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Past Benefit
Service earned after June 30, 1990 and before July 1, 2001 and granted before July 1, 2001:
The $25 factor is adjusted by (Total Contributions after June 30, 1990)/(Contributory
Hours after June 30, 1990)
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Contributory
Benefit Service after June 30, 1990 and before July 1, 1997:
Sum of:
(1) 2% of 1990-97 Contributions
(2) 0.5% of 1990-97 Contributions (not greater than post June 30, 1997 Contributions)
See Example
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Contributory
Benefit Service from July 1, 2000 through June 30, 2002: 3% of Contributions
See Example