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 Funding Ratio = 86.16 3/31/08 ......... ..... ...Please see FAQ page regarding 95% enhancements



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Frequently Asked Questions (FAQs)

Have we reached the 95% funding level yet?

We have put together some information that can be accessed via the link below, regarding our estimated funding level, in the hopes of reducing the number of the inquiries that we are receiving about our estimated funding status, and what comes next.

We have compiled a list of frequently asked questions we received at the Retirement Office, along with our answers. We hope this will help answer your questions.

We have added The Summary of Advantages or Disadvantages of Options to the end of the Q & A document.

The document below includes a schedule by which each member may see which pay period they may continue to work through, before retiring and being able to get their first pension payroll check processed on the next available cycle.

The document below includes information about buybacks and buyback at actuarial cost along with some examples of actuarial costs.

The following document includes a list of the monthly retirement check dates. Direct deposits will be made on these dates, and checks will be mailed out the day before the date of the checks.


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