If a participant retires and does not provide a survivor annuity to a spouse, former spouse or designated beneficiary, the participant receives a “full” annuity. A full annuity means an annuity computed without any survivorship reduction. Example: Average salary $20,000 and maximum of 35 years of service.

Open Table
Average basic annual salary for high 3 consecutive years of service $20,000
Multiplied by 2 pct .02
    $400.00
Multiplied by 35 years of creditable service .35
Full annuity $14,000

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