Common use of Table Two Clause in Contracts

Table Two. For those who have met the early retirement eligibility under this section prior to January 1, 2013, a retiring allowance will be paid according to the following scale for those years of pensionable service prior to January 1, 2013: Age 55-60 61 62 63 64 Years of Pensionable Service Prior to January 1, 2013 % of Final Salary 15 50 40 30 20 10 16 55 44 33 22 11 17 60 48 36 24 12 18 65 52 39 26 13 19 70 56 42 28 14 20 75 60 45 30 15 21 80 64 48 32 16 22 85 68 51 34 17 23 90 72 54 36 18 24 95 76 57 38 19 25 100 80 60 40 20 26 105 84 63 42 21 27 110 88 66 44 22 28 115 92 69 46 23 29 120 96 72 48 24 30 125 100 75 50 25 31 130 104 78 52 26 32 135 108 81 54 27 33 140 112 84 56 28 34 145 116 87 58 29 35+ 150 120 90 60 30 e) Payment of the retirement allowance will be made by the University. Plan B

Table Two. For those who have met the early retirement eligibility under this section prior to January 1, 2013, a retiring allowance will be paid according to the following scale for those years of pensionable service prior to January 1, 2013: Age 55-60 61 62 63 64 Years of Pensionable % of Final Service Prior to Salary January 1, 2013 % of Final Salary 15 50 40 30 20 10 16 55 44 33 22 11 17 60 48 36 24 12 18 65 52 39 26 13 19 70 56 42 28 14 20 75 60 45 30 15 21 80 64 48 32 16 22 85 68 51 34 17 23 90 72 54 36 18 24 95 76 57 38 19 25 100 80 60 40 20 26 105 84 63 42 21 27 110 88 66 44 22 28 115 92 69 46 23 29 120 96 72 48 24 30 125 100 75 50 25 31 130 104 78 52 26 32 135 108 81 54 27 33 140 112 84 56 28 34 145 116 87 58 29 35+ 150 120 90 60 30 e) Payment of the retirement allowance will be made by the University. Plan B

Table Two. For those who have met the early retirement eligibility under this section prior to January 1, 2013, a retiring allowance will be paid according to the following scale for those years of pensionable service prior to January 1, 2013: Age 55-60 61 62 63 64 Years of Pensionable Service Prior to January 1, 2013 % of Final Salary 15 50 40 30 20 10 16 55 44 33 22 11 17 60 48 36 24 12 18 65 52 39 26 13 19 70 56 42 28 14 20 75 60 45 30 15 21 80 64 48 32 16 22 85 68 51 34 17 23 90 72 54 36 18 24 95 76 57 38 19 25 100 80 60 40 20 26 105 84 63 42 21 27 110 88 66 44 22 28 115 92 69 46 23 29 120 96 72 48 24 30 125 100 75 50 25 31 130 104 78 52 26 32 135 108 81 54 27 33 140 112 84 56 28 34 145 116 87 58 29 35+ 150 120 90 60 30 e) Payment of the retirement allowance will be made by the University. Plan B.