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