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2. Contra Costa County Employees' Retirement Association

   en.wikipedia.org/wiki/Contra_Costa_County...

   Rather, a fixed formula, stipulated by the 1937 Act, determines members’ future retirement allowances. Retirement benefits are calculated using three important variables within the following formula: Highest Average Years of Retirement Age at Monthly Salary x Service Credit x Retirement Age Factor

3. Indiana State Teachers' Retirement Fund - Wikipedia

   en.wikipedia.org/wiki/Indiana_State_Teachers...

   The TRF benefit consists of two parts: the monthly pension benefit and the Annuity Savings Account (ASA). [3] The monthly pension benefit is determined by salary history, years of service, age, and the retirement option selected. TRF members become vested in the pension benefit after 10 years of qualified Indiana service.

4. CalPERS - Wikipedia

   en.wikipedia.org/wiki/CalPERS

   The retirement benefits "are calculated using a member's years of service credit, age at retirement, and final compensation (average salary for a defined period of employment)," and the retirement formulas "are determined by the member's employer (State, school, or local public agency); occupation (miscellaneous (general office and others ...

5. Civil Service Retirement System - Wikipedia

   en.wikipedia.org/wiki/Civil_Service_Retirement...

   Overall benefits paid to CSRS or CSRS Offset employees will remain equitable based on the number of years of creditable service and CSRS formula upon retirement. CSRS and CSRS Offset employees with a break in service more than three days are also eligible to elect coverage under FERS within the first six months of rehire.

6. Teachers' Retirement System of the State of Illinois - Wikipedia

   en.wikipedia.org/wiki/Teachers'_Retirement_System...

   Changes from the “Tier I” pension law include raising the minimum eligibility to draw a retirement benefit to age 67 with 10 years of service, initiating a cap on the salaries used to calculate retirement benefits, and limiting cost-of-living annuity adjustments to the lesser of 3 percent or half of the annual increase in the Consumer Price ...

7. Target benefit plan - Wikipedia

   en.wikipedia.org/wiki/Target_Benefit_plan

   Target benefit plans are similar to defined benefit plans in that the annual contribution is determined by a formula to calculate the amount needed each year to accumulate (at an assumed interest rate) a fund sufficient to pay a projected retirement benefit, the target benefit, to each participant upon reaching retirement.