Benefit Improvement: Supplemental Payments

CalSTRS

Description

California State Teachers' Retirement System Supplemental Payments Estimation Worksheet - Quarterly Payments Current Allowance Purchasing Power Percentage 1. x Initial Allowance Monthly Amount 2. 1. _____________________ Fully Adjusted Allowance (a) = ______________________ Current Purchasing Power Percentage (Must be less than 85% to proceed) = / Current Allowance Monthly Amount  = ______________ Purchasing Power Factor for the Benefit Effective Year Fully Adjusted Allowance (a) Total Supplemental Payment __________ x Fully Adjusted Allowance (a) 2. 0.85 Purchasing Power Percentage 85% Purchasing Power Amount (b) 85% Purchasing Power Amount 3. x Supplemental Payment Monthly Amount(c) = ___________________ Supplemental Payment Monthly Amount (c) = ___________________ Total Quarterly Supplemental Payment Current Allowance Monthly Amount 3 Number of months in a quarter of a year 8 .