Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insightsâ¦.
Benefit Payments and Direct Deposit. When your pension begins, you receive a benefit payment each month (unless you receive a mandatory cash-out payment or you have elected a voluntary cash-out of your benefit). You can elect payment by mail or through electronic direct deposit. We encourage benefit recipients to sign up for direct deposit.
Average Final Pay TIMES Years of Credited Future Service EQUALS Your Credited Future Service Pension BENEFIT RATE FOR CREDITED FUTURE SERVICE The Benefit Rate is a percentage used to calculate your pension. The rate used usually depends on when you last or first earned an Hour of Vesting or Credited Service in Covered Employment, as shown below.