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)