Comprehensive Annual Financial Report - Minnesota State ...
Comprehensive Annual Financial Report - Minnesota State ...
Comprehensive Annual Financial Report - Minnesota State ...
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Schedule of New Retirees and Initial Benefit Paid<br />
80<br />
Public Employees<br />
Retirement Association<br />
of <strong>Minnesota</strong><br />
Last 10 Years<br />
Public Employees Correctional Fund (established 7/1/99)<br />
Years of Credited Service<br />
0-4 5-9 10-14 15-19 20-24 25-29 30+<br />
2012<br />
Average monthly benefit $ 295 $ 683 $1,079<br />
Average high five salary $2,930 $3,629 $4,697<br />
Number of retirants 12 15 52<br />
2011<br />
Average monthly benefit $ 369 $ 580 $ 976<br />
Average high five salary $3,436 $3,548 $4,572<br />
Number of retirants 18 12 40<br />
2010<br />
Average monthly benefit $ 476 $ 508 $ 835<br />
Average high five salary $3,571 $3,847 $4,215<br />
Number of retirants 9 14 27<br />
2009<br />
Average monthly benefit $ 413 $ 677<br />
Average high five salary $3,621 $4,041<br />
Number of retirants 16 43<br />
2008<br />
Average monthly benefit $ 422 $ 625<br />
Average high five salary $2,633 $4,127<br />
Number of retirants 9 27<br />
2007<br />
Average monthly benefit $ 183 $ 553<br />
Average high five salary $2,671 $3,993<br />
Number of retirants 8 25<br />
2006<br />
Average monthly benefit $ 454 $ 464<br />
Average high five salary $4,262 $3,761<br />
Number of retirants 8 23<br />
2005<br />
Average monthly benefit $ 181 $ 450<br />
Average high five salary $2,902 $4,223<br />
Number of retirants 14 17<br />
2004<br />
Average monthly benefit $ 243 $ 559<br />
Average high five salary $3,484 $4,706<br />
Number of retirants 23 1<br />
2003<br />
Average monthly benefit $ 183<br />
Average high five salary $2,917<br />
Number of retirants 21