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Answers are provided by Robert S. Kaufman
Comparing Estimated Annuity Rates with Friends
(Posted September 18, 2014)
Question 1176: My friend just went out on permanent disability. We have the same amount of service, are the same age and make about the same salary. His disability benefit is almost $650.00 more than my projected amount, though, when I turn 60 in two years. Why is that?
Answer: Without seeing how the estimate of your annuity at 60 was computed, I really can't comment on the differences. Tier 1 of a Disability Annuity is computed with a different closing date then a 60/30 Age & Service Annuity. That could account for some of the difference.
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