Hourly Daily Monthly normal pension If you do not earn a full year of service credit in any calendar year, contribution contribution benefit for each year of you will receive a prorated amount based on the months of future rate rate future service credit service you earned. 4.70 37.60 221.95 Contribu- Your Years of Monthly Future Accumulated 4.75 38.00 223.61 tion Rate Future Service Service Benefit Future Service Credit at Value Benefit 4.80 38.40 225.27 that Rate 4.85 38.80 226.93 _____ _____ x $_____ = $_____ 4.90 39.20 228.59 _____ _____ x $_____ = $_____ 4.95 39.60 230.25 _____ _____ x $_____ = $_____ 5.00 40.00 231.91 _____ _____ x $_____ = $_____ 5.05 40.40 233.57 _____ _____ x $_____ = $_____ 5.10 40.80 235.23 Total Future Service Benefit $_____ 5.15 41.20 236.89 (add figures in final column) 5.20 41.60 238.55 Daily 5.25 42.00 240.21 Hourly contribution rate Monthly normal 5.30 42.40 241.74 contribution (not including con- pension benefit for rate tributions required each year of future 5.35 42.80 243.27 by the RP) service credit 5.40 43.20 244.80 $0.10 $0.80 $6.44 5.45 43.60 246.33 0.15 1.20 9.67 5.50 44.00 247.86 0.20 1.60 12.88 5.55 44.40 249.39 0.25 2.00 16.25 5.60 44.80 250.92 0.30 2.40 19.61 5.65 45.20 252.45 0.35 2.80 22.99 5.70 45.60 253.98 0.40 3.20 26.36 5.75 46.00 255.51 0.45 3.60 29.72 5.80 46.40 257.04 0.50 4.00 33.09 5.85 46.80 258.57 0.55 4.40 36.45 5.90 47.20 260.10 0.60 4.80 39.82 5.95 47.60 261.63 0.65 5.20 42.34 6.00 48.00 263.16 0.70 5.60 44.86 TABLE SIX 0.75 6.00 47.39 DETERMINING YOUR FUTURE SERVICE BENEFIT 0.80 6.40 49.90 0.85 6.80 52.09 Use this table if you do not have 600 hours of service in 1993 or later. 0.90 7.20 54.30 To determine your future service benefit, first find your employ- 0.95 7.60 56.49 er’s hourly or daily contribution rate. To the right of that rate is the 1.00 8.00 58.69 corresponding benefit value. Multiply that value by your years of 1.05 8.40 60.51 future service credit at that rate. 1.10 8.80 62.34 Follow the same procedure for each contribution rate. 1.15 9.20 64.86 SUMMARY PLAN DESCRIPTION 2023 // 55