CERF Pension Plan
Prior Plan Formula
The formula for calculating a Prior Plan benefit for non-LAGERS and
LAGERS participants is as follows:
Average Final Compensation x 1.5% for non-LAGERS
or 1.0% for LAGERS x Years of Service = Annual CERF Pension Benefit
Note: Formula uses average final compensation and years of
creditable service as of
December 31, 1999. |