Projected future benefit from Union pension
Company Contribution/ hr (w/o peer)		$2.76	labor agreement section 18.01 click to see
Max benefit hours		2080	labor agreement section 18.01 click to see
Contribution by company (w/o peer)			2080 x 2.76 = $5,740.80
Accrual rate			Enter accrual rate found on pension site, click here
Monthly amount			This is the contribution service benefit, click here to learn more.
Est. years to retirement			This is your years to retirement starting January 1, 2008. (see peer section to find out if and when you can take early retirement)
Est. Monthly retirement benefit			This is the estimated monthly benefit, click here for more info.
Reduced benefit if survivorship elected			If you want your spouse to have benefits when you die enter the percentage, from here. It is based on yours and your wife's age at retirement. Use the nearest one, for a more accurate estimate you must contact your pension administrator.
Early retirement age (peer 80)
This will calculate the age you can retire under peer 80
Age you started			This is the age you started with the company.
Years exp			This is the number of years experience you need to have your age and exp = 80
Age you can retire under peer 80			For more information click here. Oakh pays .45/hr for every hour worked up to 2080 per year, per employee for this benefit.
Projected future benefit from Company Pension
Annual Salary			Total annual salary including over time
Total % contributed (yours +  Co match)			Co will match up to - 7.5% if you started on or before December 31, 2002 6.0% if you started after December 31, 2002
Annual contribution
Estimated return			There is no guarantee of any future rate, enter your estimated average rate over the years to retirement.
Years to Retirement			This is your years to retirement starting January 1, 2008
Est. lump sum at retirement			This is an estimate of amount that would be paid to you at retirement
Annuity Calculator
For more information about Annuities, click here.
Est. lump sum at retirement			From above
% rate return			There is no guarentee of rates in the future this is % is speculative
Est. monthly benefit never touching principal			At this amount, your principal will be untouched upon death and inherited by your beneficiary.
Est. monthly benefit spread 30 years			At this amount, your principal will be depleted to zero in 30 years. If you die earlier your benefiary will receive the balance remaining.
Est. monthly benefit spread 20 years			At this amount, your principal will be depleted to zero in 20 years. If you die earlier your benefiary will receive the balance remaining.
Est. monthly benefit spread 15 years			At this amount, your principal will be depleted to zero in 15 years. If you die earlier your benefiary will receive the balance remaining.