Comprehensive Annual Financial Report 1997

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Deferred Benefits A vested member leaving covered employment prior to 20 years of service is eligible for a service retirement benefit upon reaching age 50, provided the accumulated contributions are left on deposit.
Disability Benefits An active member, who becomes totally and permanently disabled from performing the essential duties of the member's position, is eligible for disability retirement.
The disability benefit is one-half of FAC or Base Salary.
Survivor Benefits Upon the death of an
...actively employed member of the system, the surviving spouse (or dependent children, if there is no surviving spouse) is entitled to a monthly benefit equal to 50% of FAC or Base Salary. Upon the death of an inactive non-vested member, the surviving spouse (or dependent children, if there is no surviving spouse) is entitled to a refund of the member's accumulated contributions. After the death of a retired member, the surviving spouse (or dependent children, if there is no surviving spouse) continues to receive the same benefit paid to the member.

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