Comprehensive Annual Financial Report - Minnesota State ...

Schedule of New Retirees and Initial Benefit Paid
General Employees Retirement Fund
78
Years of Credited Service
0-4 5-9 10-14 15-19 20-24 25-29 30+
2012
Average monthly benefit $ 133 $ 290 $ 535 $ 795 $1,116 $1,710 $2,608
Average high five salary $3,545 $2,427 $2,713 $2,992 $3,270 $3,953 $4,712
Number of retirants 645 807 812 657 778 615 1,070
2011
Average monthly benefit $ 123 $ 273 $ 507 $ 758 $1,143 $1,625 $2,550
Average high five salary $3,348 $2,290 $2,553 $2,845 $3,365 $3,873 $4,686
Number of retirants 563 763 698 626 664 508 1,074
2010
Average monthly benefit $ 116 $ 266 $ 498 $ 748 $1,110 $1,608 $2,432
Average high five salary $3,371 $2,263 $2,573 $2,891 $3,280 $3,743 $4,466
Number of retirants 405 585 583 521 593 436 853
2009
Average monthly benefit $ 119 $ 234 $ 464 $ 724 $1,023 $1,553 $2,423
Average high five salary $3,348 $2,115 $2,519 $2,830 $3,093 $3,624 $4,458
Number of retirants 429 571 483 563 511 400 657
2008
Average monthly benefit $ 109 $ 246 $ 412 $ 713 $1,010 $1,448 $2,287
Average high five salary $3,147 $2,218 $2,266 $2,796 $3,094 $3,441 $4,271
Number of retirants 416 585 544 513 554 466 715
2007
Average monthly benefit $ 109 $ 223 $ 411 $ 672 $ 909 $1,390 $2,304
Average high five salary $3,031 $2,017 $2,263 $2,659 $2,856 $3,346 $4,282
Number of retirants 387 556 503 563 481 462 681
2006
Average monthly benefit $ 100 $ 211 $ 420 $ 673 $ 898 $1,321 $2,115
Average high five salary $2,578 $1,984 $2,309 $2,658 $2,832 $3,197 $4,034
Number of retirants 393 588 527 563 470 409 577
2005
Average monthly benefit $ 90 $ 185 $ 359 $ 631 $ 888 $1,273 $2,124
Average high five salary $2,367 $1,716 $2,020 $2,509 $2,793 $3,100 $3,944
Number of retirants 358 527 463 540 410 407 504
2004
Average monthly benefit $ 101 $ 189 $ 393 $ 611 $ 887 $1,245 $2,237
Average high five salary $2,524 $1,790 $2,207 $2,492 $2,798 $3,057 $3,959
Number of retirants 342 417 458 526 409 401 544
2003
Average monthly benefit $ 82 $ 185 $ 372 $ 561 $ 839 $1,223 $2,094
Average high five salary $2,158 $1,721 $2,076 $2,279 $2,622 $2,997 $3,663
Number of retirants 319 376 441 425 435 384 436
Public Employees
Retirement Association
of Minnesota
Last 10 Years