Zhejiang Province, abbreviated as Zhe or Dian in Chinese, is located in the coastal area of southeast China. It covers an area of over 100,000 square kilometers, and has a population of 46.02 million. The capital city of Zhejiang Province is Hangzhou.
Sample formula annuity calculation for a teacher age 57, with final average monthly earnings of $3,250 and 25 years of WRS service (14 years before 2000, 11 years after 1999): Sample money purchase annuity calculation for the same age 57 teacher, who has a money purchase balance of $220,000:
Limitation on Elective Deferrals. The maximum amount you can defer into your 401(k) plan adjusts each year for inflation. As of 2012, the standard limit is $17,000. However, for people age 50 and older, the contribution limit increases by $5,500 because of what is known as a catch-up contribution.imitation on Elective Deferrals. The maximum amount you can defer into your 401(k) plan adjusts each year for inflation. As of 2012, the standard limit is $17,000. However, for people age 50 and older, the contribution limit increases by $5,500 because of what is known as a catch-up contribution.