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APPENDIX A

JOINT OPTION FACTORS FOR NORMAL RETIREMENT

Beneficiary's Age in
Relation to Retiree's Age

50% "Pop-Up"
Option

50% Joint
Option
66% 100%
         
Each additional year older +.005 +.005 +.006 +.008
+ 10 years
+ 9 years
+ 8 years
+ 7 years
+ 6 years
+ 5 years
+ 4 years
+ 3 years
+ 2 years
.910
.905
.900
.895
.890
.885
.880
.875
.870
.930
.925
.920
.915
.910
.905
.900
.895
.890
.909
.902
.896
.890
.883
.877
.871
.865
.859
.869
.860
.852
.843
.835
.826
.818
.810
.802
+ 1 year .865 .885 .852 .794
         
Same Age .860 .880 .846 .786
         
- 1 year
- 2 years
- 3 years
- 4 years
- 5 years
- 6 years
- 7 years
- 8 years
- 9 years
- 10 years
.855
.850
.845
.840
.835
.830
.825
.820
.815
.810
.875
.870
.865
.860
.855
.850
.845
.840
.835
.830
.840
.834
.828
.822
.816
.810
.803
.797
.791
.785
.778
.770
.762
.754
.747
.739
.732
.724
.717
.709
         
Each additional
year younger
-.005 -.005 -.006 -.008
 

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