Reduction Factors

Joint Annuity Factors Applied to Regular, Early, Disability, or Vested Pension Amounts.

Also see: Forms of Payment.

[1] Conversion to 50% Husband-and-Wife Pension

[2] Conversion to 50% Husband-and-Wife Pension with Pop-Up*

[3] Conversion to 75% Joint & Survivor Option

[4] Conversion to 75% Joint & Survivor Option with Pop-Up*

[5] Conversion to 100% Joint & Survivor Option

[6] Conversion to 100% Joint & Survivor Option with Pop-Up*

[7] Conversion to Ten-Year Certain Option (Non-Disability Only)

* If the contingent annuitant pre-deceases the retiree, the retiree's benefit will "Pop-Up" to its full value.