Salary for Late Retirement

Select from the drop-down list the salary to use for Late Retirement. The options are:

• NRA Salary
• Retirement Salary

If NRA Salary is used, specify the increases that should be applied to salaries after NRA and before actual retirement date in the Post NRA Salary Revaluation Rate on the Salaries tab.

If Retirement Salary is used both the Salary Increase Rate (on the Financial tab) and the Promotional Scale Table (on the Salaries Tab) will be used to increase the member’s salary up to the member’s actual retirement.