Temporary Use Permits are reviewed by the Durham City-County Planning Department. Efforts will be made to. process complete applications within five business days. For applications that require multi-department review, the review. time may exceed 5 days but will be completed within 30 days.
A formula monthly retirement benefit is calculated. using: â¢ Your final average monthly earnings, â¢ Your total years of creditable service (including. military service credits, if applicable), â¢ The formula multiplier(s) for your service and. employment categories, and. â¢ Any age reduction factor(s) based on your age.
SPECIAL REPORT: Maximizing Social Security Benefits. Your Social Security benefits are calculated based on your highest 35 years of earnings or half of your spouseâs benefits -- whichever is higher -- if you retire at full retirement age (currently 66). For a worker retiring at age 66 in 2012, the maximum benefit is currently $2,513 per month. If both you and your spouse earned the maximum amount that counts every year ($110,100 in 2012, but just $16,500 in 1977), you could each receive the maximum monthly benefits.