PLOP Information
Member Cost
The chart below shows the amount a monthly benefit is reduced
for each $1,000 of lump-sum payment. For example, a 50-year-old
member who receives a $10,000 lump-sum payment would have his
or her benefit reduced $58.40 a month for life ($5.84 x 10 = $58.40).
Defined Benefit Plan
PLOP Cost Factor Table |
| Age |
Reduction per $1,000 |
| 50 |
$5.84 |
| 51 |
5.89 |
| 52 |
5.96 |
| 53 |
6.02 |
| 54 |
6.09 |
| 55 |
6.17 |
| 56 |
6.25 |
| 57 |
6.34 |
| 58 |
6.43 |
| 59 |
6.53 |
| 60 |
6.64 |
| 61 |
6.76 |
| 62 |
6.88 |
| 63 |
7.01 |
| 64 |
7.15 |
| 65 |
7.30 |
| 66 |
7.46 |
| 67 |
7.63 |
| 68 |
7.81 |
| 69 |
8.00 |
| 70 |
8.20 |