American Flag

Survivor Pension Active Duty Calculation*

Survivor Pension Active Duty Calculation*

*Active Duty Spouse-only example

 

Standard Annuity Benefit: 6.5% cost providing 55% coverage.
Base Retirement: $2,000/mo
Cost: $2,000 x 6.5% = $130/mo*
Survivor Annuity: 55% X $2,000 = $1,100/mo

Reduced Annuity Benefit: employee with signed approval from spouse can select any amount under standard base
Selected Retirement Base: $1,200/mo
Cost: 6.5% of $1,200 = $78.00*
Survivor Annuity
– 55% of $1,200 or $660/mo

* Remember that as your pension increases due to cost of living adjustments (COLA), the monthly costs will increase as well.