II Begins teaching in 1941 at age 25.
Teaches 19 years.
Average salary $900 a year.
Assessment $36.

Reserve accumulated at age 65...... $1730
Refund annuity purchased by reserve. 121
Service annitity 450).22 s aw FS ee. 106 (or pro-rata)
Totaleannuity. 25 SG ik ee dX: $ 227

III Begins teaching in 1941 at age 25.
Teaches 40 years.
Average annual salary $1200.
Assessment $48.

Reserve accumulated at age 65...... $3700
Refund annuity purchased by reserve. 260
Service anmurty: 23). 2s ess ca 300 (or pro-rata)
Motaliannwity: soso. eT ae es $ 560

IV Begins teaching in 1941 at age 21.
Teaches 30 years.
Average annual salary $1000.
Assessment $40.
Average salary last ten years $1200.

Reserve accumulated at age 65...... $2950
Refund annuity purchased by reserve. 206
Servicesannnity. 28s OP Oe ae OS 225 (or pro-rata)
Total tannuaity 505 52.08 GAGS See $ 431

V_ Janitor begins service at age 50, in 1941.
Serves 20 years to age 70. _
Average annual salary $800.
Assessment $32. .
Reserve accumulated at age 70..... $ 885

Refund annuity purchased by reserve. 78
Sérvice annuity. 2.42008 Ss 100 (or pro-rata)
Dotab. annuity. ios G60 woe ee ee $ 178
Raised by minimum: $120 service
HMMM ClCe <P ess SS hoes $ 198

VI Begins teaching at age 22, in 1941.
Teaches 43 years.
Average annual salary $2000.
Assessment $80.
Reserve accumulated at age 65...... $7000
Refund annuity purchased by reserve. 490
Service annuity on average salary of

$2500, last ten years.......... 670 (or pro-rata)
Total annuity: sya 855s oo bse ea $1160
VII Same as VI but half the salary.
‘botal- annuity. <2 = 35 RES $ 580

VIII Teacher old and unemployed at age 65, in 1941.
Taught 30 years. Average salary $1000.

Annuity purchased by reserve....... 000

Service annuity (the total annuity). .$ 333 (pro-rata ) *
IX Same as VIII, average salary $2,000.

Service annuity (the total annuity)..$ 666 (pro-rata) *

*In 1942 the annuity would probably be four-sevenths of this figure
because of the appropriation of $400,000 for the year.

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