Estimate of Benefits City of Milwaukee Employes’ Retirement System (ERS) Estimate Date: 02/13/2018 Retirement Type: Regular Retirement Sub Type: Early MEMBER INFORMATION NAME: FIRST: BEVAN MI: K. LAST: BAKER ADDRESS: PERSON ID: ADDRESS: DATE OF BIRTH: AGE ADJUSTMENT DUE TO ERI BONUS : CITY: STATE: ZIP: PROVINCE: POSTAL CODE: ENROLLMENT: 04/02/2001 COUNTRY: USA BENEFIT STRUCTURE: General City PROJECTED DATE OF RETIREMENT: 03/01/2018 EMPLOYER: CITY OF MILWAUKEE POSITION: COMMISSIONER-HEALTH MEMBER ACCOUNT INFORMATION Open Contract PSO in Effect GPS Consent Accumulated Account Balance: $168,305.19 Limited Benefit End Date: Annual Final Average Salary: $147,841.56 SERVICE CREDIT & QUALIFYING TIME INFORMATION SERVICE CREDIT: Total Earned City Service Credit: Projected: Duty Disability: ERI – Service Bonus: Total Additional Service Credit: Total Service Credit: 16.7700 0.0000 16.7700 ADDITIONAL SERVICE CREDIT: Military: Imputed: F&P Dissolution: Seasonal: County: State: Total Additional Credit: 0.0000 QUALIFYING TIME: Current: 16.7996 Projected: 0.0000 ERI-Service Bonus: Total Qualifying: 16.7996 Health Insurance City Service Credit: 16.7700 REQUESTED SURVIVOR(S) DETAIL FOR THIS ESTIMATE NAME: PERCENTAGE: *NGBER///////500316/ERS3329* RELATION: DATE OF BIRTH: CURRENT BENEFICIARY DETAIL NAME: PERCENTAGE: RELATION: DEATH BENEFIT: LIFE TIME ANNUITY: ESTIMATED MONTHLY PENSION RETIREMENT ALLOWANCE SURVIVORSHIP OPTION: MEMBER MONTHLY BENEFIT: SURVIVOR MONTHLY BENEFIT: Maximum Option $2,833.84 N/A Option 2 (100% Survivorship) $2,572.00 $2,572.00 Option 3 (50% Survivorship) $2,696.69 $1,348.34 Option 4 (75.00% Survivorship) $2,632.92 $1,974.69 GPS LUMP SUM BENEFIT GPS Lump-Sum Benefit: $0.00 This data reflects the most current information available. The benefit shown may be subject to Outside Earnings limit until Age 60. Based on the Maximum allowance benefit your Outside Earnings Limit is approximately $113,835.48.  To be considered for City health insurance coverage, you must have 15 years of City service credit.   Rev: 10/10/17