Mpera Directions 2000 Aug - Special Edition

Cover Mpera Directions 2000 Aug - Special Edition
Mpera Directions 2000 Aug - Special Edition
Montana. Public Employees' Retirement Board
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^ * M embership cards are available from your payroll clerk.
See the following page for a sample statement and explanation of retirement account and benefit information.
The example of a Defined Benefit Plan Aiiiiuat Slafement shown iiuui Lnuiemeiii Miovtii here is for the PERS. Each retirement system has different i>"i^ and service requirements member to age for a member to receive retirement benefits. Here is a ■'"' of the retirement and b e n e f i t preview account information provided in j
...our statement.
Initial Monthly Benefit If yoLi lermiiiLiled on or before June 30. 2Q0Q , this is whiit lonlhly benefit will be if 3"^* E SArfPtE 1 your moniniy Denent wui oe ir lu wail unlil normal letiremeiil age to receive yoi"" K^'-'-'Pi" Tin;* yo lur benefit. This compleled your Gl J^ontrib-uii^jH Jo a.
Vouf assumes you have service purchase contracis termination.
2 Lifetime Benefit Value ■* If you lerminated on or before June 30, 2Q0Q; wait unlil normal retirement age lo receive your benefit; live an average number of years; and complete your service purchase contracts at termination, this is Ihe estimated total retirement j llnH^i^~^~^.


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