James Holderfield, Chair Lt. Michael Shell, Vice Chair. Lt. Christopher Stover. Eng. Jean Paravisini I. MOMENT OF SILENCE

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1 J A C K S O N V I L L E P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G A G E N D A J U N E 6, A M PRESENT James Holderfield, Chair Lt. Michael Shell, Vice Chair Thomas Lumpkin Michael Pelletier Asst. Chief Richard Reichard Lt. Christopher Stover EXCUSED Eng. Jean Paravisini Meeting Convened STAFF Timothy H. Johnson, Executive Director Plan Administrator Steve Lundy, Assistant Plan Administrator Chuck Hayes, Pension Benefits Manager Lawsikia Hodges, Office of General Counsel Bob Sugarman, Fund Counsel via Webex GUESTS Meeting Adjourned NOTICE Any person requiring a special accommodation to participate in the meeting because of disability shall contact Steve Lundy, Assistant Plan Administrator at (904) , at least five business days in advance of the meeting to make appropriate arrangements. If any person decides to appeal any decision made with respect to any matter considered at this public meeting such person will need a record of proceedings, and for such purpose such person may need to ensure that a verbatim record of the proceedings is made at their own expense and that such record includes the testimony and evidence on which the appeal is based. The public meeting may be continued to a date, time, and place to be specified on the record at the meeting. Additional items may be added / changed prior to meeting. I. MOMENT OF SILENCE James P. Croft Sr., Retired Firefighter Lance C. Whitaker, Active Police Officer Travis J. Williams, Active Firefighter II. PUBLIC SPEAKING PERIOD III. CONSENT AGENDA (ITEMS 1-7) Committee action requested The benefits listed below have been reviewed and approved by the Pension Benefits Manager. 1. MEETING SUMMARY TO BE APPROVED 1. Summary of the Meeting held May 9, 2018 Copy held in the meeting file.

2 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G A G E N D A J U N E 6, Page 2 2. APPLICATION FOR SURVIVOR BENEFITS 1. WILCOX, Charlotte A. Widow of Giddeon J. Wilcox (d. 04/25/2018) Monthly gross pension $ APPLICATION FOR DROP 1. POLICE ALLEN, Dale W. ALVERS, Stephanie L. ANDERSON, Kelvin T. BURGOS, Nick CALDERON, Tina J. ROBB, Simon R. ROBINSON, Kevin B. SHORT, Jackson W. WATERS, Thomas K. WILLIAMS Jr., Richard C. 2. FIRE CLAIR, Keith R. CORTEZ, Sergio HATCHETT, Sean L. HINES, Jeffery E. JOUBERT, Timothy J. NARCHO, Mark R. PICKERING, Timothy C. PRIESTER, Stephen C. SANDS, Richard M. 4. REFUND OF PENSION CONTRIBUTIONS To be received as information 1. BASSAREAR, Jesse J. Police Officer Refund $13, BOYD, Brian K. Police Recruit Refund $2, ROBINSON, Terrence D. Police Officer Refund $21,310.94

3 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G A G E N D A J U N E 6, Page 3 5. SHARE PLAN DISTRIBUTIONS To be received as information 1. BROWN, Tammy L. Police Sergeant Share Plan Distribution $3, PREVOST, John T. Police Officer Share Plan Distribution $1, DROP PARTICIPANT TERMINATION OF EMPLOYMENT To be received as information 1. McNEAL, Paul L. Police Officer Monthly Pension Base $3, DROP Participation 10/12/ /11/ McMAHON, Brian L. Firefighter Monthly Pension Base $2, DROP Participation 01/04/ /18/ DROP DISTRIBUTIONS To be received as information 1. McNEAL, Paul L. Partial Lump Sum Payment $170, Remaining value paid over 15 years $41, McMAHON, Brian L. Partial Lump Sum Payment $10, Remaining value paid over 15 years $166, IV. OLD BUSINESS V. COUNSEL REPORTS Lawsikia Hodges & Bob Sugarman VI. EXECUTIVE DIRECTOR S REPORT Timothy Johnson 1. Benefit Correction / Appeal Policy Handout

4 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G A G E N D A J U N E 6, Page 4 VII. NEW BUSINESS The next regular meeting will be held Wednesday, July 11, 2018 at 900AM.

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6 J A C K S O N V I L L E P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, A M PRESENT James Holderfield, Chair Lt. Michael Shell, Vice Chair Thomas Lumpkin Eng. Jean Paravisini Michael Pelletier Asst. Chief Richard Reichard Lt. Christopher Stover GUESTS Randy Wyse, President, IAFF Local 122 Meeting Convened 903AM STAFF Timothy H. Johnson, Executive Director Plan Administrator Steve Lundy, Assistant Plan Administrator Lawsikia Hodges, Office of General Counsel Bob Sugarman, Fund Counsel via Webex EXCUSED Chuck Hayes, Pension Benefits Manager Meeting Adjourned 933AM NOTICE Any person requiring a special accommodation to participate in the meeting because of disability shall contact Steve Lundy, Assistant Plan Administrator at (904) , at least five business days in advance of the meeting to make appropriate arrangements. If any person decides to appeal any decision made with respect to any matter considered at this public meeting such person will need a record of proceedings, and for such purpose such person may need to ensure that a verbatim record of the proceedings is made at their own expense and that such record includes the testimony and evidence on which the appeal is based. The public meeting may be continued to a date, time, and place to be specified on the record at the meeting. Additional items may be added / changed prior to meeting. I. MOMENT OF SILENCE Moment of Silence held for the following deceased members Macklin R. Clifton, Retired Police Sergeant Raymond C. Dick, Retired Police Officer Larry R. Lee, Retired Firefighter Engineer Laurence E. Pelletier Jr., Retired Police Detective Giddeon J. Wilcox, Retired Police Officer II. PUBLIC SPEAKING PERIOD None. III. CONSENT AGENDA (ITEMS 1-8) Motion to approve SHELL; Second REICHARD; APPROVED UNANIMOUSLY. Chair James Holderfield said the Consent Agenda s purpose is to help move the meeting along quickly. From now on, the Advisory Committee will take a vote to approve all actionable Consent Agenda items at once.

7 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, Page 2 1. MEETING SUMMARY Approved. 1. Summary of the Meeting held April 11, 2018 Copy held in the meeting file. 2. APPLICATION FOR SURVIVOR BENEFITS Approved. 1. CLIFTON, Shirley A. Widow of Macklin R. Clifton (d. 04/18/2018) Monthly gross pension $4, APPLICATION FOR VESTED RETIREMENT Approved. 1. LOPEZ, Luis A. Police Officer Monthly gross pension $2, Vesting Date 02/02/2018 Benefit Commencement Date 03/16/ APPLICATION FOR TIME SERVICE CONNECTIONS Approved. 1. CARBAJAL, Jorge G. Police Officer Military Service (2 yrs.) $18, PATTERSON III, Franklin D. Fire Captain Florida Service (2 mos., 23 days) $3, REFUND OF PENSION CONTRIBUTIONS Received as Information. 1. TILLEY Jr., Douglas A. Police Officer Refund $70, SHARE PLAN DISTRIBUTIONS Received as Information. 1. BROWN III, Jesse V. JFRD Training Academy Manager Share Plan Distribution $1, BYRD, Charles A. Police Sergeant Share Plan Distribution $3,167.76

8 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, Page 3 3. CRESPO, Marta J. Police Officer Share Plan Distribution $3, CROLLEY, William B. Fire Lieutenant Share Plan Distribution $3, FEASTER, Mitchell K. Firefighter Engineer Share Plan Distribution $3, FERNANDEZ Jr., Nelson M. Fire Lieutenant Share Plan Distribution $3, FRENCH, Benjamin W. Fire Captain Share Plan Distribution $3, LEDDY, Susan M. Fire District Chief Share Plan Distribution $3, LOPEZ, Luis A. Police Officer Share Plan Distribution $3, OWENS, Bertram C. Fire District Chief Share Plan Distribution $3, SCALES, Darin K. Fire Lieutenant Share Plan Distribution $3, TOLLINCHI, Nancy Police Officer Share Plan Distribution $3, TILLEY Jr., Douglas A. Police Officer Share Plan Distribution $3, DROP PARTICIPANT TERMINATION OF EMPLOYMENT Received as Information. 1. BAKER, Larry S. Police Officer Monthly Pension Base $3, DROP Participation 04/13/ /06/ BRISTOW Jr., Larry E. Fire Lieutenant Monthly Pension Base $3, DROP Participation 04/13/ /06/ CHAIRES Jr., William H. Police Officer

9 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, Page 4 Monthly Pension Base $3, DROP Participation 04/13/ /06/ CLIFTON, Christopher E. Police Officer Monthly Pension Base $3, DROP Participation 04/13/ /06/ DAVIS, Clarence Fire Lieutenant Monthly Pension Base $3, DROP Participation 04/13/ /06/ HICKS, Ricky A. Firefighter Engineer Monthly Pension Base $3, DROP Participation 04/13/ /06/ JOHN, Robert A. Police Sergeant Monthly Pension Base $3, DROP Participation 04/13/ /06/ KOUNTZ, Arthur D. Fire Captain Monthly Pension Base $5, DROP Participation 04/13/ /06/ LONG III, John H. Fire Captain Monthly Pension Base $4, DROP Participation 04/13/ /06/ MEACHAM, David E. Police Officer Monthly Pension Base $3, DROP Participation 04/13/ /06/ MRGICH, Paul D. Fire Captain Monthly Pension Base $4, DROP Participation 04/13/ /06/ OLIVER, David W. Police Sergeant Monthly Pension Base $3, DROP Participation 04/13/ /06/ PETERS, Clinton R. Fire Lieutenant Monthly Pension Base $3, DROP Participation 04/13/ /06/ WHITE, Randall T. Fire Lieutenant Monthly Pension Base $3, DROP Participation 04/13/ /06/2018

10 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, Page 5 8. DROP DISTRIBUTIONS Received as Information. 1. BAKER, Larry S. Partial Lump Sum Payment $15, Remaining value paid over 35 years $238, BRISTOW Jr., Larry E. Entire value paid over 35 years $302, CHAIRES Jr., William H. Entire value paid over 35 years $255, CLIFTON, Christopher E. Partial Lump Sum Payment $79, Remaining value paid over 30 years $200, DAVIS, Clarence Entire value paid over 35 years $309, HICKS, Ricky A. Partial Lump Sum Payment $40, Remaining value paid over 30 years $240, JOHN, Robert A. Entire value paid over 47.5 years $289, KOUNTZ, Arthur D. Entire value paid over 30 years $397, LONG III, John H. Entire value paid over 46.5 years $365, MEACHAM, David E. Entire value paid over 47.5 years $252, MRGICH, Paul D. Entire value paid over 30 years $360, OLIVER, David W. Entire value paid over 48.8 years $300, PETERS, Clinton R. Entire value paid over 30 years $290, ROLAND, Billy G. Entire Lump Sum Payment $344,874.37

11 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, Page WHITE, Randall T. Entire value paid over 48.8 years $300, IV. OLD BUSINESS None. V. COUNSEL REPORTS Lawsikia Hodges & Bob Sugarman 1. Brotherhood Settlement Lawsikia Hodges said Timothy Johnson had asked her to provide an update on this settlement. Rita Mairs and other OGC litigators are handling the case. City Council needs to agree to the settlement document as introduced on April 24. It will be up for discussion and public comment in May. The case must go through the courts as a consent decree. The bill number is Rita Mairs and other OGC litigators plan to meet with the PFPF Board of Trustees. Any Board action would not be necessary any earlier than by the end of the year. Bob Sugarman updated the Advisory Committee on a number of issues his office is working on A deceased member s family has asked the PFPF to pay them directly. Bob Sugarman sent them a letter informing them that the PFPF cannot do that by law. The PFPF must pay the estate directly. The PFPF cannot designate beneficiaries. A member s Chapter 13 bankruptcy case Creditors asked the PFPF to make payments to the trustee, but research shows this cannot be done. A member is in prison and the Court ordered the member to pay restitution to his victim through his pension. The Court Order was not properly addressed to the PFPF; once the order is rewritten, the PFPF will start the deduction. Jason Mann s pension is not forfeitable because he pleaded to a misdemeanor, not a felony. Bob Sugarman s office will issue a final letter stating that his pension is not forfeitable. DROP & COLA Opinion Bob Sugarman s office has continued to discuss with Lawsikia Hodges and Steve Lundy. Steve Lundy has done an amazing job thinking of variations of members who may have a right to make this election. Lawsikia Hodges and Bob Sugarman have discussed practical advice to the PFPF. Bob Sugarman recommends members talk to the PFPF office before they settle their divorce, bankruptcy, and other legal cases. This will save them lots of money in lawyers fees resulting from incorrect court orders. Bob Sugarman encouraged the Advisory Committee to attend the Division of Retirement Trustees School in Tallahassee in June. VI. EXECUTIVE DIRECTOR S REPORT Timothy Johnson

12 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, Page 7 Timothy Johnson discussed the Beaches Time Service Connections (TSCs) issue. He had an important meeting with Lawsikia Hodges and Steve Durden at the end of last month. Members are asking the PFPF how this error started. Two opinions were received in June 2016 that answered different questions. Those opinions and following conversations were misinterpreted to mean all Beaches TSCs should cost less than the usual, correct rate. Richard Reichard asked what the correct rate is 8% or 20%. Timothy Johnson answered 20%. There were no questions asked concerning what Beaches TSCs should cost. Conclusions were drawn from other answers to unrelated questions. James Holderfield said members would be notified of their due process to appear before the Board of Trustees or Unions. Usually issues like these that come before the Advisory Committee relate to disability applications. 1. DROP & COLA Plan Election Sessions Timothy Johnson said that the DROP & COLA Benefit Plan Elections are ready to go public. The Actuary translated the DROP & COLA Benefits Opinion into an actuarial definition of affected members. That language was sent to ITD to generate a list of all affected members, which is now complete. The PFPF will notify these affected members later today of upcoming educational workshops on May 30-31, and June 4-5. They may make their election at the workshops or at the PFPF office starting May 30. Timothy Johnson added that these members benefit plan elections would be retroactive to the date they retired or entered the DROP, if applicable. 2. Bailiff Time Service Connection Update Timothy Johnson said that out of about 90 applicants who wish to purchase bailiff time, only two are close to retirement eligibility. One member has 20 years of service, and the other will accrue 20 years within 4 months. He said he is confident that the PFPF will go through the list quickly once the data file is received from JSO. He does not expect all 90 applicants will be eligible to connect the time, as the threshold of requirements to purchase time is high. The complete data file is expected by May 25. James Holderfield asked if the quarterly DROP statements have been suspended. Timothy Johnson said only the DROP statements for the members affected by the DROP & COLA Benefits opinion have been suspended. He does not want to send members incorrect data. He said statements would resume once all adjustments are made relative to members elections. This might not be complete until the end of the calendar year. James Holderfield asked if a member could enter the DROP after they start purchasing time through payroll deduction over 5 years.

13 P O L I C E A N D F I R E P E N S I O N F U N D A D V I S O R Y C O M M I T T E E M E E T I N G S U M M A R Y M A Y 9, Page 8 Timothy Johnson said that no, members TSCs must be complete before they enter the DROP because the members years of service is an element in the pension calculation formula. VII. NEW BUSINESS None. Steve Lundy, Assistant Plan Administrator Posted 05/14/2018 Revised 06/04/2018 James Holderfield, Chair To be approved at the Advisory Committee Meeting on June 6, The next regular meeting will be held Wednesday, June 6, 2018 at 900AM.

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15 ESTIMATED PENSION BENEFIT Name SSN ALLEN, DALE W EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 06/17/ /17/ /14/ /09/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,294.22

16 ESTIMATED PENSION BENEFIT Name SSN ALVERS, STEPHANIE L EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary /17/ /17/ /14/ /30/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,307.41

17 ESTIMATED PENSION BENEFIT Name SSN ANDERSON, KELVIN T EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 22 03/20/ /20/ /14/ /09/2018 2, , % of Pension Benefit % Estimated Monthly Pension Benefit 4,965.34

18 ESTIMATED PENSION BENEFIT Name SSN BURGOS, NICK EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 23 11/13/ /13/ /16/ /14/ /09/2018 2, , % of Pension Benefit % Estimated Monthly Pension Benefit 6,396.36

19 ESTIMATED PENSION BENEFIT Name SSN CALDERON, TINA J EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 06/08/ /08/ /14/ /09/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,171.76

20 ESTIMATED PENSION BENEFIT Name SSN ROBB, SIMON R EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 21 04/01/ /01/ /12/ /14/ /08/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,956.64

21 ESTIMATED PENSION BENEFIT Name SSN ROBINSON, KEVIN B EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 21 04/19/ /19/ /19/ /14/ /15/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,354.53

22 ESTIMATED PENSION BENEFIT Name SSN SHORT, JACKSON W EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 04/06/ /06/ /14/ /09/2018 2, , % of Pension Benefit % Estimated Monthly Pension Benefit 5,643.82

23 ESTIMATED PENSION BENEFIT Name SSN WATERS, THOMAS K EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 26 12/09/ /09/ /14/ /21/2018 3, , % of Pension Benefit % Estimated Monthly Pension Benefit 6,670.45

24 ESTIMATED PENSION BENEFIT Name SSN WILLIAMS JR, RICHARD C EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 06/17/ /17/ /14/ /15/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,364.53

25 ESTIMATED PENSION BENEFIT Name SSN CLAIR, KEITH R EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 29 11/28/ /29/ /19/ /14/ /31/2018 3, , % of Pension Benefit % Estimated Monthly Pension Benefit 6,906.93

26 ESTIMATED PENSION BENEFIT Name SSN CORTEZ, SERGIO EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 22 12/16/ /16/ /06/ /14/ /14/2018 2, , % of Pension Benefit % Estimated Monthly Pension Benefit 4,344.64

27 ESTIMATED PENSION BENEFIT Name SSN HATCHETT, SEAN L EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 22 01/08/ /19/ /19/ /14/ /10/2018 2, , % of Pension Benefit % Estimated Monthly Pension Benefit 6,102.65

28 ESTIMATED PENSION BENEFIT Name SSN HINES, JEFFERY E EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 04/13/ /13/ /14/ /15/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,168.45

29 ESTIMATED PENSION BENEFIT Name SSN JOUBERT, TIMOTHY J EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 03/10/ /10/ /01/ /14/ /24/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,157.89

30 ESTIMATED PENSION BENEFIT Name SSN NARCHO, MARK R EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 22 12/01/ /01/ /01/ /14/ /09/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 2,891.06

31 ESTIMATED PENSION BENEFIT Name SSN PICKERING, TIMOTHY C EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 25 04/13/ /13/ /13/ /14/ /30/2018 2, , % of Pension Benefit % Estimated Monthly Pension Benefit 4,530.34

32 ESTIMATED PENSION BENEFIT Name SSN PRIESTER, STEPHEN C EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 07/10/ /10/ /10/ /14/ /01/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,746.61

33 ESTIMATED PENSION BENEFIT Name SSN SANDS, RICHARD M EIN Age Year Service Date of Employment Adjusted Date of Employment Pension Date Adjusted Pension Date Estimated Retirement Date Benefits Estimated on Estimated Biweekly Gross Average Monthly Salary 20 04/13/ /13/ /14/ /21/2018 1, , % of Pension Benefit % Estimated Monthly Pension Benefit 3,313.14

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