Retirement Plan booklet - sdcera
Retirement Plan booklet - sdcera
Retirement Plan booklet - sdcera
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24<br />
The amount you receive as a supplement to your SDCERA benefit<br />
is a percentage of your estimated age-62 Social Security benefit<br />
amount. The percentage you receive is based on your retirement<br />
age as follows:<br />
Age PERCENT<br />
50 42.83 %<br />
51 45.69<br />
52 48.78<br />
53 52.13<br />
54 55.76<br />
55 59.71<br />
56 64.01<br />
The chart shows your<br />
SDCERA benefit before<br />
age 62 is increased by a<br />
percentage of your estimated<br />
age-62 Social Security benefit,<br />
but is not increased by the<br />
full amount. However,<br />
beginning at age 62, your<br />
benefit will be reduced by<br />
100% of the estimated age-62<br />
Social Security benefit, which<br />
is the full amount.<br />
57 68.71<br />
58 73.85<br />
59 79.48<br />
60 85.67<br />
61 92.48<br />
Use the retirement benefit calculator at www.<strong>sdcera</strong>.org<br />
to see benefit amounts that include the Temporary Supplement.
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