APPLICATION BY TEACHER FOR RETIREMENT PENSION AND …
Alternatively, you may opt to take a tax-free Lump Sum. In this case you will have a lower pension calculated in 1/80ths plus the lump sum instead of 1/60ths. Example: Lump Sum: 3/80th x pensionable salary x pensionable service (maximum 40 years pensionable service) plus. Pension… ................
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