Note: The percentages shown on these two pages are effective July 1, 2017. From July 2014 through July 2017 new actuarial reductions for early retirement under Method 2 will be phased in, reflecting increased life expectancies for our members. The precise reduction factor for early retirement, to the month, is always used in calculations in MY PERA. Years of Service
Age at Retirement 58
59
60
61
62
63
64
65
5 5.15% 5.51% 5.90% 6.33% 6.80% 7.31% 7.88% 8.50% 6 6.17% 6.61% 7.08% 7.59% 8.16% 8.78% 9.45% 10.20% 7
7.20% 7.71% 8.26% 8.86% 9.52% 10.24% 11.03% 11.90%
8
8.23% 8.81% 9.44% 10.13% 10.88% 11.70% 12.60% 13.60%
9
9.26% 9.91% 10.62% 11.39% 12.24% 13.16% 14.18% 15.30%
10 10.29% 11.01% 11.80% 12.66% 13.60% 14.63% 15.76% 17.00% 11 11.32% 12.11% 12.98% 13.92% 14.96% 16.09% 17.33% 18.70% 12 12.35% 13.22% 14.16% 15.19% 16.32% 17.55% 18.91% 20.40% 13 13.51% 14.32% 15.34% 16.45% 17.68% 19.01% 20.48% 22.10% 14 14.85% 15.42% 16.52% 17.72% 19.04% 20.48% 22.06% 23.80% 15 16.20% 16.81% 17.70% 18.98% 20.39% 21.94% 23.63% 25.50% 16 17.54% 18.20% 18.88% 20.25% 21.75% 23.40% 25.21% 27.20% 17 18.88% 19.60% 20.32% 21.52% 23.11% 24.86% 26.78% 28.90% 18 20.22% 20.99% 21.76% 22.78% 24.47% 26.33% 28.36% 30.60% 19 21.57% 22.39% 23.21% 24.05% 25.83% 27.79% 29.94% 32.30% 20 22.91% 23.78% 24.65% 25.52% 27.19% 29.25% 31.51% 34.00% 21 24.25% 25.17% 26.10% 27.02% 28.55% 30.71% 33.09% 35.70% 22 25.60% 26.57% 27.54% 28.51% 29.91% 32.18% 34.66% 37.40% 23 26.94% 27.96% 28.99% 30.01% 31.27% 33.64% 36.24% 39.10% 24 28.28% 29.36% 30.43% 31.50% 32.63% 35.10% 37.81% 40.80% 25 29.63% 30.75% 31.88% 33.00% 34.13% 36.56% 39.39% 42.50% 26 30.97% 32.14% 33.32% 34.50% 35.67% 38.03% 40.96% 44.20% 27 32.31% 33.54% 34.77% 35.99% 37.22% 40.90% 42.54% 45.90% 28 33.65% 34.93% 36.21% 37.49% 42.60% 42.60% 44.12% 47.60% 29 35.00% 36.33% 37.66% 44.30% 44.30% 44.30% 45.69% 49.30% 30 40.48% 41.86% 46.00% 46.00% 46.00% 46.00% 47.27% 51.00% 31 41.98% 47.70% 47.70% 47.70% 47.70% 47.70% 48.84% 52.70% 32 49.40% 49.40% 49.40% 49.40% 49.40% 49.40% 50.42% 54.40% 33 51.10% 51.10% 51.10% 51.10% 51.10% 51.10% 51.99% 56.10% 34 52.80% 52.80% 52.80% 52.80% 52.80% 52.80% 53.57% 57.80% 35 54.50% 54.50% 54.50% 54.50% 54.50% 54.50% 55.14% 59.50% 36 56.20% 56.20% 56.20% 56.20% 56.20% 56.20% 56.72% 61.20% 37 57.90% 57.90% 57.90% 57.90% 57.90% 57.90% 58.30% 62.90% 38 59.60% 59.60% 59.60% 59.60% 59.60% 59.60% 59.87% 64.60% 39 61.30% 61.30% 61.30% 61.30% 61.30% 61.30% 61.45% 66.30% 40 63.00% 63.00% 63.00% 63.00% 63.00% 63.00% 63.02% 68.00%
Shaded area indicates qualification for a pension under Rule of 90.
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