Salary
Retire
Annual
Benefit
Benefit
Annual
Cost
to
Fund Benefit
Fund Benefit
% of
Total
Cost
Total
Cost
$18,000
$9,000
$659
0.76%
$200,000
$100,000
$86,204
99.24%
*** Assumes a retirement benefit of 50% of salary at age 65 and
the plan assets earn a net interest of 6% compounded annually
the plan assets earn a net interest of 6% compounded annually