Daily Monthly normal Daily Monthly normal Hourly contribution rate pension benefit for Hourly contribution rate pension benefit for contribution (not including con- each year of future contribution (not including con- each year of future rate tributions required service credit rate tributions required service credit by the RP) by the RP) 1.20 9.60 67.53 2.95 23.60 148.43 1.25 10.00 70.04 3.00 24.00 150.47 1.30 10.40 72.53 3.05 24.40 152.50 1.35 10.80 75.04 3.10 24.80 154.54 1.40 11.20 77.55 3.15 25.20 156.57 1.45 11.60 80.06 3.20 25.60 158.61 1.50 12.00 82.56 3.25 26.00 160.64 1.55 12.40 85.06 3.30 26.40 162.51 1.60 12.80 87.57 3.35 26.80 164.38 1.65 13.20 90.07 3.40 27.20 166.25 1.70 13.60 92.58 3.45 27.60 168.12 1.75 14.00 95.08 3.50 28.00 169.99 1.80 14.40 97.42 3.55 28.40 171.86 1.85 14.80 99.75 3.60 28.80 173.73 1.90 15.20 102.10 3.65 29.20 175.60 1.95 15.60 104.43 3.70 29.60 177.47 2.00 16.00 106.77 3.75 30.00 179.34 2.05 16.40 109.11 3.80 30.40 181.06 2.10 16.80 111.44 TABLE SEVEN 2.15 17.20 113.78 2.20 17.60 116.13 DETERMINING THE AMOUNT OF A 50% JOINT AND 2.25 18.00 118.46 SURVIVOR PENSION 2.30 18.40 120.65 First, calculate your pension benefit, including any applicable age re- 2.35 18.80 122.83 duction. Then determine the number of years your spouse is older or 2.40 19.20 125.02 younger than you and locate that number in the first column. To the 2.45 19.60 127.19 right of the first column are two columns containing percentage fig- ures. Select the column that describes the type of pension applicable 2.50 20.00 129.38 to you and the percentage that corresponds to the number of years 2.55 20.40 131.56 your spouse is older or younger than you. Multiply that percentage by 2.60 20.80 133.75 the amount of your pension benefit. If you are subject to an RP Sched- 2.65 21.20 135.93 ule, multiply that amount by the RP % noted below the table. The re- sult is the amount of your pension under the 50% Joint and Survivor 2.70 21.60 138.12 Pension form of payment. When you die, your spouse will continue to 2.75 22.00 140.29 receive one-half, or 50%, of that amount. 2.80 22.40 142.33 $ __ ____ x ____ x ____ = $ __________ 2.85 22.80 144.36 Your Benefit Age % RP % 50% Joint and 2.90 23.20 146.40 Survivor Pension \\ Appendix 56