Pension Reform Assessment

Proposed Plan: MERS P&F Example Changes in Replacement Value New Hire at age 27, Continuous Employment until Age 55 (28 Year career) (GRS Social Security Current DB | Alternative DB 120% 103% 100% 89% 80% 70% 60% 56% 40% 20% 33% 33% 0% Current Alternate DB DB 20 20

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