There’s a big difference between the value of their funds and how much they’re actually entitled to. The value of what they put in doesn’t influence how much they get (contrary to most pension funds), their best 5 years determines what they get and there’s a cap that’s based on the salary they had during those 5 years, that’s it.
There’s a big difference between the value of their funds and how much they’re actually entitled to. The value of what they put in doesn’t influence how much they get (contrary to most pension funds), their best 5 years determines what they get and there’s a cap that’s based on the salary they had during those 5 years, that’s it.