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The following tables and examples illustrate the calculation of the <br />optional allowances: <br />OPTION NO. I - SERVICE RETIREMENT <br />Reduction of Unmodified Allowance <br />For each $1,000 of a Male Employee's Accumulated Contributions <br />AGE AT <br />RETIREMENT FACTOR <br />s0 <br />.36 <br />51 <br />.39 <br />52 <br />.42 <br />53 <br />.46 <br />54 <br />.49 <br />55 <br />.53 <br />56 <br />.57 <br />57 <br />.61 <br />58 <br />.65 <br />59 <br />.70 <br />60 <br />.75 <br />EXAMPLES Your Case <br />1) <br />Age at Retirement <br />53 <br />60 <br />2) <br />Unmodified Allowance <br />$423.50 <br />$264.60 <br />3) <br />Est. Contributions at Retirement <br />$20,000 <br />$12,000 $ <br />4) <br />Option 1 Reduction Factor (Table B) <br />,46 <br />.75 <br />5) <br />Reduction <br />$9.20 <br />$9.00 <br />6) <br />Option I Monthly Allowance <br />$414.30 <br />$255.60 $ <br />OPTION NO. 2 <br />This option permits you to provide a monthly allowance for yourself and after <br />death have that same amount of income continue throughout the lifetime of your <br />beneficiary. To make this provision, you accept a reduced allowance as indi- <br />cated in Table C on the following page. <br />M <br />