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Pension Change Calculation

April 8, 2003

The following chart is an estimate of the number of years your pension amount will be frozen, until you begin to accrue benefits that exceed your old amount, using the new plan.

Age and Service on effective date of pension change (7/1/03) Approximate number of years the benefit is frozen
Age 30 with 5 years 2
Age 40 with 10 years 3
Age 45 with 15 years 4
Age 50 with 20 years 5
Age 55 with 25 years 6

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