Prior Plan Formula

With Borders

No Borders

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.