Pension Reform Assessment

Those without Social Security had an increase in benefits and also earn within the expert recommended levels Replacement income for member hired at 27 (continuous employment until 67) 125% 100- 104% 91% 75% 75- 64% 51% 50- 75% 25- 0 Current plan New DC 40% 40% New DB Current DB New plan DC earns 7.5% New plan DC earns 6.5% (GRS A DC supplement is needed to meet the replacement income goals 19 19

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