#years

Posts mentioning hashtag #years

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Thank you all, OP again. I knew the 1.6% x #years service x annual pay formula, but was a little unclear about how the lumpsum was calculated. The above formula shows regular monthly annuities payment but not lumpsum. But two of the posts gave me a good ballpark feel. Thank you for help. The information in these posts is really helpful. Thinking of leaving.

Calculate it. 1.6% x #years service x annual pay = annual pension. 15 years would be approximately 25% of your pay if you take the monthly payment option

No sign:

6 weeks , 8000 CORBA

Sign:

6 weeks + 2 weeks

10K or 18K CORBA

Additional weeks based on #years