|
Colorado Springs New Hire Pension Plan - Police Component This chart is for: Colorado Springs Police Officers hired PRIOR to October 1, 2006. This chart illustrates the percentage of pay you may receive in the form of a retirement benefit based on a) the years of service you accumulate and b) the age you will be when you retire. For more information about normal, early and vested retirements refer to the Colorado Springs New Hire Pension Plan - Police Component Brochure Note: Normal Retirement Benefits are age 50 with 25 years of service, with a maximum benefit payable of 75%. |
|
Yrs of
|
Age at Retirement
|
|||||||||||||||||
|
Service
|
45
|
46
|
47
|
48
|
49
|
50
|
51
|
52
|
53
|
54
|
55
|
56
|
57
|
58
|
59
|
60
|
61
|
62
|
|
|
||||||||||||||||||
|
10
|
|
|
|
|
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
20.00
|
|
11
|
|
|
|
|
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
22.75
|
|
12
|
|
|
|
|
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
25.50
|
|
13
|
|
|
|
|
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
28.25
|
|
14
|
|
|
|
|
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
31.00
|
|
15
|
|
|
|
|
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
33.75
|
|
16
|
|
|
|
|
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
36.50
|
|
17
|
|
|
|
|
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
39.25
|
|
18
|
|
|
|
|
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
42.00
|
|
19
|
|
|
|
|
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
44.75
|
|
20
|
29.69
|
33.25
|
36.81
|
40.38
|
43.94
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
47.50
|
|
21
|
31.41
|
35.18
|
38.94
|
42.71
|
46.48
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
50.25
|
|
22
|
33.13
|
37.10
|
41.08
|
45.05
|
49.03
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
53.00
|
|
23
|
34.84
|
39.03
|
43.21
|
47.39
|
51.57
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
55.75
|
|
24
|
36.56
|
40.95
|
45.34
|
49.73
|
54.11
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
58.50
|
|
25
|
38.28
|
42.88
|
47.47
|
52.06
|
56.66
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
61.25
|
|
26
|
40.00
|
44.80
|
49.60
|
54.40
|
59.20
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
64.00
|
|
27
|
41.72
|
46.73
|
51.73
|
56.74
|
61.74
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
66.75
|
|
28
|
43.44
|
48.65
|
53.86
|
59.08
|
64.29
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
69.50
|
|
29
|
45.16
|
50.58
|
55.99
|
61.41
|
66.83
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
72.25
|
|
30
|
46.88
|
52.50
|
58.13
|
63.75
|
69.38
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
|
31
|
|
|
|
63.75
|
69.38
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
75.00
|
| = Normal Retirement | = Early Retirement | = Vested Retirement |