65 or over
Service and other
10 or more pension credits.
Maximum Effective 7/1/2007
|Pension credits annually||Monthly maximum benefit|
|Less than 20 pension credits||$6,500 per month|
|20 through 29 pension credits||$7,000 per month|
|30 through 34 pension credits||$7,500 per month|
|35 or more pension credits||$8,000 per month|
Maximum Prior to 7/1/2007
|Pension effective date (annuity starting date)||Maximum monthly pension|
|1/1/1999 through 6/30/2007||$6,000|
|1/1/1998 through 12/31/1998||$5,000|
|Prior to 1/1/1998||$4,400|
Minimum: $220 per month. Not applicable if you have fewer than 10 pension credits after excluding pension credit earned under the Alternative Eligibility Program.
- Five-Year Certain
- Ten-Year Certain Option
- Joint and Survivor Pension (50%)
- Joint and Survivor Option (75%) effective January 1, 2008
- Joint and Survivor Option (100%)
- Pop-Up Options
- Partial Lump Sum Option
Reduction factors: All forms of payment except the Five-Year Certain are reduced. For more information, contact us or call (800) 777-4013.