Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members

(Sections 75-d and 75-e)

Limitations

Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
(Sections 75-d and 75-e)

1-06-fas-2019002

If the earnings in any year included in the FAS period exceed the average of the previous two years by more than 20 percent, the amount in excess of 20 percent is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation of your FAS.