30.06.2014 Views

County Employees Retirement Law of 1937 (CERL) - sdcera

County Employees Retirement Law of 1937 (CERL) - sdcera

County Employees Retirement Law of 1937 (CERL) - sdcera

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>of</strong> the normal retirement pension to which the retired member would be entitled if otherwise<br />

eligible for normal retirement, which shall be computed by multiplying the normal retirement<br />

pension by the early retirement adjustment factor set forth, based on the number <strong>of</strong> years and<br />

months by which the member’s early retirement date precedes the member’s normal retirement<br />

date, in the following tables:<br />

Early <strong>Retirement</strong> Adjustment Factors<br />

Months<br />

Years 0 1 2 3 4<br />

0 1.0000 0.9944 0.9889 0.9833 0.9778<br />

1 0.9333 0.9278 0.9222 0.9167 0.9111<br />

2 0.8667 0.8611 0.8556 0.8500 0.8444<br />

3 0.8000 0.7944 0.7889 0.7833 0.7778<br />

4 0.7333 0.7278 0.7222 0.7167 0.7111<br />

5 0.6667 0.6639 0.6611 0.6583 0.6556<br />

6 0.6333 0.6306 0.6278 0.6250 0.6222<br />

7 0.6000 0.5972 0.5944 0.5917 0.5889<br />

8 0.5667 0.5639 0.5611 0.5583 0.5556<br />

9 0.5333 0.5306 0.5278 0.5250 0.5222<br />

10 0.5000 0.4972 0.4944 0.4917 0.4889<br />

11 0.4667 0.4639 0.4611 0.4583 0.4556<br />

12 0.4333 0.4306 0.4278 0.4250 0.4222<br />

Early <strong>Retirement</strong> Adjustment Factors<br />

Months<br />

Years 5 6 7 8<br />

0 0.9722 0.9667 0.9611 0.9556<br />

1 0.9056 0.9000 0.8944 0.8889<br />

2 0.8389 0.8333 0.8278 0.8222<br />

3 0.7722 0.7667 0.7611 0.7556<br />

4 0.7056 0.7000 0.6944 0.6889<br />

5 0.6528 0.6500 0.6472 0.6444<br />

6 0.6194 0.6167 0.6139 0.6111<br />

7 0.5861 0.5833 0.5806 0.5778<br />

8 0.5528 0.5500 0.5472 0.5444<br />

9 0.5194 0.5167 0.5139 0.5111<br />

10 0.4861 0.4833 0.4806 0.4778<br />

11 0.4528 0.4500 0.4472 0.4444<br />

12 0.4194 0.4167 0.4139 0.4111<br />

Early <strong>Retirement</strong> Adjustment Factors<br />

Months<br />

Years 9 10 11 12<br />

0 0.9500 0.9444 0.9389 0.9333<br />

1 0.8833 0.8778 0.8722 0.8667<br />

2 0.8167 0.8111 0.8056 0.8000<br />

3 0.7500 0.7444 0.7389 0.7333<br />

4 0.6833 0.6778 0.6722 0.6667<br />

Article 2.6, §31511.4. 96

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!