Tulsa |
Code of Ordinances |
Title 28. THE MUNICIPAL EMPLOYEES' RETIREMENT PLAN |
Chapter 7. FORMS OF PENSION RETIREMENT INCOME |
Appendix A. City of Tulsa Municipal Employees' Retirement Plan - Partial Lump Sum Distribution Option Factors
Latest version.
Commencement
Years of Annual Pension Benefit Elected as
Payable in Lump Sum
Age
1 2 3 30 0.9271 0.8542 0.7812 31 0.9268 0.8535 0.7803 32 0.9264 0.8528 0.7792 33 0.9260 0.8520 0.7780 34 0.9256 0.8512 0.7768 35 0.9252 0.8503 0.7755 36 0.9247 0.8494 0.7741 37 0.9242 0.8484 0.7726 38 0.9237 0.8473 0.7710 39 0.9231 0.8462 0.7693 40 0.9225 0.8450 0.7675 41 0.9219 0.8437 0.7656 42 0.9212 0.8424 0.7635 43 0.9205 0.8409 0.7614 44 0.9197 0.8394 0.7590 45 0.9189 0.8377 0.7566 46 0.9180 0.8360 0.7539 47 0.9170 0.8341 0.7511 48 0.9161 0.8321 0.7482 49 0.9150 0.8300 0.7450 50 0.9139 0.8278 0.7417 51 0.9127 0.8254 0.7381 52 0.9115 0.8229 0.7344 53 0.9101 0.8202 0.7304 54 0.9087 0.8174 0.7261 55 0.9072 0.8144 0.7216 56 0.9056 0.8112 0.7168 57 0.9039 0.8078 0.7116 58 0.9021 0.8041 0.7062 59 0.9001 0.8002 0.7003 60 0.8980 0.7961 0.6941 61 0.8958 0.7916 0.6875 62 0.8935 0.7869 0.6804 63 0.8909 0.7819 0.6728 64 0.8883 0.7765 0.6648 65 0.8854 0.7708 0.6563 66 0.8824 0.7648 0.6472 67 0.8792 0.7584 0.6376 68 0.8758 0.7516 0.6275 69 0.8722 0.7444 0.6166 70 0.8683 0.7366 0.6049 71 0.8641 0.7283 0.5924 72 0.8596 0.7192 0.5789 73 0.8548 0.7095 0.5643 74 0.8495 0.6991 0.5486 75 0.8439 0.6879 0.5318 76 0.8379 0.6759 0.5138 77 0.8315 0.6630 0.4945 78 0.8246 0.6493 0.4739 79 0.8172 0.6345 0.4517 80 0.8093 0.6186 0.4279 81 0.8008 0.6015 0.4023 82 0.7916 0.5833 0.3749 83 0.7818 0.5637 0.3455 84 0.7713 0.5426 0.3138 85 0.7598 0.5196 0.2794 86 0.7473 0.4947 0.2420 87 0.7338 0.4675 0.2013 88 0.7189 0.4379 0.1568 89 0.7028 0.4055 0.1083 90 0.6851 0.3702 0.0552 91 0.6658 0.3315 * 92 0.6446 0.2892 * 93 0.6216 0.2432 * 94 0.5962 0.1924 * 95 0.5682 0.1364 * 96 0.5372 0.0745 * 97 0.5030 0.0060 * 98 0.4653 * * 99 0.4232 * * 100 0.3761 * * *Option cannot be offered due to insufficient present value of retirement benefit.
(Ord. Nos. 19730, 19899)