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<blockquote data-quote="floridays" data-source="post: 4957094" data-attributes="member: 68849"><p>Exactly how is your traditional (defined benefit) growing by 10%.?</p><p></p><p>When the plan was in effect as a pension the largest growth, (the defined growth) was 2% of your highest 5 years earnings averaged.</p><p></p><p>Growth was capped at 25 years, the maximum benefit, paid monthly (after retirement) was capped at 50% of those highest 5 years to calculate the benefit.</p><p></p><p>What was the stated benefit at the time of your retirement for your 25 years of capped credited service?</p><p></p><p>It is a number that is easily accessed, and will tell us precisely how much you made in your highest five years of earnings.</p></blockquote><p></p>
[QUOTE="floridays, post: 4957094, member: 68849"] Exactly how is your traditional (defined benefit) growing by 10%.? When the plan was in effect as a pension the largest growth, (the defined growth) was 2% of your highest 5 years earnings averaged. Growth was capped at 25 years, the maximum benefit, paid monthly (after retirement) was capped at 50% of those highest 5 years to calculate the benefit. What was the stated benefit at the time of your retirement for your 25 years of capped credited service? It is a number that is easily accessed, and will tell us precisely how much you made in your highest five years of earnings. [/QUOTE]
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