Common use of Benefit Schedule Clause in Contracts

Benefit Schedule. A (Percentage of Compensation) B Year of Service First year of eligible for After first year in Wakulla Normal Retirement, Death eligible for School of employee, Early Retirement, Normal Retirement System Disability Retirement 1-3 35% 17.5% 4-6 40% 20.0% 7-9 45% 22.5% 10-15 50% 25.0% 16 & above 94% 50.0%

Benefit Schedule. A (Percentage of Compensation) B Year of Service in Wakulla School System First year of eligible for After first year in Wakulla Normal Retirement, Death eligible for School of employee, Early Retirement, Disability Retirement After first year eligible for Normal Retirement System Disability Retirement 1-3 35% 17.5% 4-6 40% 20.0% 7-9 45% 22.5% 10-15 50% 25.0% 16 & above 94% 50.0%