Option and Annuity Factors
Option and Annuity Factors
Option and annuity factors are actuarial values used to calculate monthly retirement benefit payments for members who select an optional retirement allowance. The basic allowance is the maximum monthly retirement allowance payable at retirement. Optional allowances reduce the basic allowance but provide different forms of survivor benefits for your designated beneficiaries.
For more detailed information, please review the benefits handbook for your System of participation.
Employees - Service Retirement
Employees - Disability Retirement
Teachers - Disability Retirement
CORS, State Police and LEOPS - Service Retirement
CORS, State Police and LEOPS - Disability Retirement
Judges - Disability Retirement