Does the amount of interest credited to your individual annuity savings fund affect overall retirement benefits?

No. The amount of money in your annuity account has no bearing on your future allowance. This is determined by a formula consisting only of your age, service, and three-year salary average.

Appears in: Retirement Board FAQs

Calendar of Events
Thu, May 19, 2022, 11:00 am
35 Pleasant St, Greenfield
Posted to: Council on Aging
  • Attached File: COA Nominating Committee 2022-5-19 agenda
  • Thu, May 19, 2022, 2:00 pm - 2:30 pm
    DPW Administration Building Meeting Room, 189 Wells St.
    Posted to: Public Works
    Thu, May 19, 2022, 6:00 pm - 7:30 pm
    Youth Center, 20 Sanderson Street
    Posted to: Parks & Recreation