FAE Factor= 2.0%
Age at
55
Purchase
20 10.01%
21 10.06%
22 10.10%
23 10.15%
24 10.20%
25 10.25%
26 10.32%
27 10.40%
28 10.50%
29 10.61%
30 10.71%
31 10.85%
32 11.02%
33 11.24%
34 11.45%
35 11.68%
36 11.92%
37 12.19%
38 12.49%
39 12.80%
40 13.11%
41 13.46%
42 13.86%
43 14.30%
44 14.76%
45 15.23%
46 15.76%
47 16.35%
48 17.00%
49 17.67%
50 18.37%
51 19.14%
52 19.97%
53 20.87%
54 21.82%
55 22.82%
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
Assumptions:
56
12.39%
12.72%
13.10%
13.52%
13.95%
14.40%
14.90%
15.45%
16.06%
16.70%
17.36%
18.09%
18.87%
19.73%
20.62%
21.56%
22.56%
57
12.37%
12.76%
13.17%
13.59%
14.06%
14.59%
15.16%
15.77%
16.39%
17.08%
17.82%
18.62%
19.47%
20.36%
21.29%
22.28%
58
12.42%
12.82%
13.26%
13.75%
14.30%
14.87%
15.46%
16.10%
16.80%
17.56%
18.36%
19.20%
20.08%
21.01%
22.00%
Denver Employees Retirement Plan
Purchase of Service Cost Factor
Earliest Unreduced Retirement Age
60
61
62
63
59
12.49%
12.95%
13.47%
14.00%
14.56%
15.17%
15.83%
16.54%
17.29%
18.08%
18.91%
19.79%
20.72%
21.70%
12.67%
13.17%
13.70%
14.27%
14.89%
15.56%
16.27%
17.01%
17.79%
18.62%
19.49%
20.41%
21.38%
12.86%
13.40%
13.98%
14.61%
15.28%
15.98%
16.71%
17.48%
18.30%
19.17%
20.08%
21.05%
13.11%
13.71%
14.33%
14.98%
15.67%
16.40%
17.17%
17.98%
18.84%
19.75%
20.71%
13.42%
14.03%
14.67%
15.35%
16.07%
16.83%
17.64%
18.49%
19.40%
20.36%
64
13.72%
14.35%
15.02%
15.73%
16.49%
17.28%
18.13%
19.03%
20.00%
65
66
67
68
69
70
14.02%
14.68%
15.38%
16.12%
16.91%
17.76%
18.66%
19.63%
19.24%
18.84%
18.44%
18.01%
17.57%
- 7.75% discount rate
- 2015 valuation salary increases
- Life annuity
- 2.0% final earnings (FAE) multiplier
- Factor applied to current annual FAE
Mortality
50/50 blend of the RP-2000 Combined Mortality Table for males projected with Scale AA to 2020
and the RP-2000 Combined Mortality Table for females projected with Scale AA to 2020 with a multiplier of 90%