 |
 |
 |
Employers Manual
Disability Benefit Program
Benefit Calculations
Disability Allowance Program: Depending on the number of years of service, the disability payment ranges from a minimum of 45% to a maximum of 60% of FAS. The monthly payment is determined by multiplying FAS by 2.2% per year of service credit and dividing this amount by 12.
(Service Credit x 2.2% x FAS) ÷ 12
Disability Retirement Program: Depending on the member’s age and number of years of Ohio-valued service, disability payments range from a minimum of 30% to a maximum of 75% of FAS. The benefit is computed by multiplying 2.0% times the total of the member’s earned service credit and the difference between the member’s age and age 60. This percentage multiplied by FAS is divided by 12 to calculate the monthly benefit.
(Service Credit + Years to Age 60) x 2.0% x
FAS) ÷ 12
