Exhibit



Exhibit  10.1.1





THE
CONSOLIDATED
EDISON
RETIREMENT PLAN
PART I of
THREE PARTS








1


Exhibit  10.1.1







Subject to the Following Amendments and Clarifications:


n   Clarified on May 2, 2002; 
n   Amended December 13, 2001;
n   Amended April 2003 In Accordance with IRS Issuance of Favorable Determination Letter;
n   Amended August 2004 for 2004 Agreement Between Local Union 503 of the International Brotherhood of Electrical Workers, AFLO-CIO and O&R;
n   Amended August 2004 for O&R Management Employees Changes Concurrent with O&R Hourly Employees;
n   Amended August 2004 for the 2004-2008 Collective Bargaining Agreement Between Consolidated Edison Company of New York, Inc. and Local 1-2 of the Utility Workers Union of America, AFL-CIO;
n   Amended July 2004 to Update Factors - O&R Optional Forms;
n   Amended and Restated November 2004 for Miscellaneous Changes;
n   Amended September 2005 for the 2005-2009 Collective Bargaining Contract Between Consolidated Edison Company of New York, Inc. and Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO;
n   Amended November 2008 In Accordance with the September 23, 2008 IRS Favorable Determination Letter;














2


Exhibit  10.1.1





n   Restated as of January 31, 2007 in Accordance with Revenue Procedure 2005-66 and Notice 2005-101; 
n   The January 2007 Restatement Reflects Changes Under EGTRRA, with Technical Corrections Made by the (i) Job Creation and Worker Assistance Act of 2002 (JCWAA), (ii) the Pension Funding Equity Act of 2004 (PFEA), and (iii) the American Jobs Creation Act of 2004 (AJCA);
n   Amended December 2008 for (i) Domestic Partner Benefits, (ii) Accelerated Vesting for Cash Balance and (iii) 75% QJSA Option;
n   Amended December 2008 for the 2008-2012 Collective Bargaining Contract Between Consolidated Edison Company of New York, Inc. and Local 1-2 of the Utility Workers Union of America, AFL-CIO; 
n   Amended December 2008 for a Special Pension Accrual for CECONY Management Employees;
n   Amended in 2011 for Submission to the IRS for a Favorable Determination Letter Under Revenue Procedure 2011-6, Taking Into Account: (i) the Pension Protection Act of 2006 (PPA '06), (ii) the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007, (iii) the Heroes Earnings Assistance and Relief Tax Act of 2008 (HEART Act), (iv) the Worker, Retiree, and Employer Recovery Act of 2008 (WRERA), and (v) the Small Business Jobs Act of 2010 (SBJA); 














3


Exhibit  10.1.1





n   Amended December 2012 Taking Into Account the Following: (1) Changes Resulting from Total Rewards;
(2) Changes to the Named Fiduciaries Structure;
(3) Changes Resulting from the 2012 - 2016 Collective Bargaining  Contract Between Local 1-2 and CECONY; 
(4) Changes to the Suspension of Benefits Rule; and
(5) Administrative and Operational Changes;
n   Amended June 2013 to Correct Prior Language Regarding Cash-Outs;
n   Amended to take into account the requirement of the Jobs and Growth Tax Relief Reconciliation Act of 2003, as requested by the Internal Revenue Service, during its review of the Retirement Plan’s Application for a favorable determination letter 
n   Amended October 2013 to Take Into Account the Changes Resulting from the 2013 - 2017 Collective Bargaining Contract Between Local 3 and CECONY
n   Amended to Take Into Account the 
2014 - 2017 Collective Bargaining Agreement Between 
Local Union 503 of the International Brotherhood of Electrical Workers, AFL-CIO and O&R ;
n   Amended to Take Into Account (1) the 2016 - 2020 Collective Bargaining Contract Between Local Union 1-2 of the Utility Workers Union of America, AFL-CIO and CECONY; (2) Changes Approved by the Boards for Management Employees on and after January 1, 2017; and (3) Elimination of the Buy-Back Feature for All Participants.


















4


Exhibit  10.1.1





TABLE OF CONTENTS


	
					
	Introduction..............................................................................................
	10
	


	Article I Definitions..................................................................................
	19
	


	1.01
	

	Accredited Service.................................................................
	19
	


	1.02
	

	Accumulated Benefit..............................................................
	19
	


	1.03
	

	Accumulated Contributions....................................................
	19
	


	1.04
	

	Actuarial Equivalent...............................................................
	19
	


	1.05
	

	Adjusted IRS Interest Rate....................................................
	19
	


	1.06
	

	Affiliate...................................................................................
	20
	


	1.07
	

	Annual Basic Straight-Time Compensation...........................
	21
	


	1.08
	

	Annual Compensation...........................................................
	22
	


	1.09
	

	Annual O&R Management Compensation............................
	23
	


	1.10
	

	Annual Rate of Compensation...............................................
	24
	


	1.11
	

	Annual Variable Pay Award...................................................
	24
	


	1.12
	

	Annuity Starting Date or ASD................................................
	24
	


	1.13
	

	Approved Leave of Absence..................................................
	24
	


	1.14
	

	Austerity Measures................................................................
	25
	


	1.15
	

	Beneficiary.............................................................................
	25
	


	1.16
	

	Board.....................................................................................
	25
	


	1.17
	

	Break in Service....................................................................
	25
	


	1.18
	

	Cash Balance Account..........................................................
	25
	


	1.19
	

	Cash Balance Accrued Benefit..............................................
	25
	


	1.20
	

	Cash Balance Single Sum Payment......................................
	25
	


	1.21
	

	Cash Out...............................................................................
	25
	


	1.22
	

	CECONY................................................................................
	25
	


	1.23
	

	CECONY Austerity Affected Participant................................
	25
	


	1.24
	

	CECONY Austerity Period.....................................................
	26
	


	1.25
	

	CECONY Local 3 Employee -1.............................................
	26
	


	1.26
	

	CECONY Management Participant.......................................
	26
	


	1.27
	

	CECONY Management Plan.................................................
	26
	


	1.28
	

	CECONY Participant.............................................................
	26
	


	1.29
	

	CECONY Retiree Health Program........................................
	26
	


	1.30
	

	CECONY Transferred Participant..........................................
	26
	


	1.31
	

	CECONY Weekly Employee..................................................
	26
	


	1.32
	

	CECONY Weekly Employee-1..............................................
	27
	


	1.33
	

	CECONY Weekly Participant.................................................
	27
	


	1.34
	

	CECONY Weekly Participant-1.............................................
	27
	


	1.35
	

	CECONY Weekly Plan..........................................................
	27
	


	1.36
	

	CEI Affiliate or CEI Affiliates...................................................
	27
	


	1.37
	

	CEI Participant.......................................................................
	27
	


	1.38
	

	Code......................................................................................
	28
	


	1.39
	

	Code Section 415(c)(3) Compensation.................................
	28
	


	1.40
	

	Company...............................................................................
	30
	


	1.41
	

	Consolidated RPA ’94 Lump Sum Conversion Factors.............
	30
	







5


Exhibit  10.1.1



	
					
	1.42
	

	Credited Service........................................................................
	31
	


	1.43
	

	Disability....................................................................................
	31
	


	1.44
	

	Domestic Partner.......................................................................
	31
	


	1.45
	

	Effective Date............................................................................
	31
	


	1.46
	

	Eligible Employee......................................................................
	31
	


	1.47
	

	Employee..................................................................................
	32
	


	1.48
	

	Employer or Employers.............................................................
	32
	


	1.49
	

	ERISA.......................................................................................
	32
	


	1.50
	

	Final Average Pay.....................................................................
	32
	


	1.51
	

	Final Average Salary.................................................................
	33
	


	1.52
	

	FMLA.........................................................................................
	34
	


	1.53
	

	Highly Compensated Employee................................................
	34
	


	1.54
	

	Hour of Service.........................................................................
	34
	


	1.55
	

	IRS Interest ..............................................................................
	35
	


	1.56
	

	IRS Mortality Table....................................................................
	36
	


	1.57
	

	Layoff........................................................................................
	37
	


	1.58
	

	Leased Employee.....................................................................
	37
	


	1.59
	

	Limitation Year..........................................................................
	37
	


	1.60
	

	Local 1-2...................................................................................
	37
	


	1.61
	

	Local 3.......................................................................................
	37
	


	1.62
	

	Local 503...................................................................................
	37
	


	1.63
	

	Lump Sum Based Plan.............................................................
	37
	


	1.64
	

	Lump Sum-Based Benefit Formula...........................................
	38
	


	1.65
	

	Named Fiduciary(ies)................................................................
	38
	


	1.66
	

	Non-Suspendible Month............................................................
	38
	


	1.67
	

	Normal Retirement Age............................................................
	38
	


	1.68
	

	Normal Retirement Date...........................................................
	38
	


	1.69
	

	O&R..........................................................................................
	38
	


	1.70
	

	O&R Austerity Period................................................................
	38
	


	1.71
	

	O&R Early Retirement Date......................................................
	38
	


	1.72
	

	O&R Employee.........................................................................
	39
	


	1.73
	

	O&R Hourly Employee..............................................................
	39
	


	1.74
	

	O&R Hourly Employee-1...........................................................
	39
	


	1.75
	

	O&R Management Employee...................................................
	39
	


	1.76
	

	O&R Participant........................................................................
	39
	


	1.77
	

	O&R Plan..................................................................................
	39
	


	1.78
	

	Parental Leave..........................................................................
	39
	


	1.79
	

	Participant.................................................................................
	39
	


	1.80
	

	Pension Allowance....................................................................
	40
	


	1.81
	

	Plan...........................................................................................
	40
	


	1.82
	

	Plan Administrator.....................................................................
	40
	


	1.83
	

	Plan Year...................................................................................
	40
	


	1.84
	

	Pre-Tax Contribution.................................................................
	40
	


	1.85
	

	Prior Plan or Prior Plans............................................................
	40
	


	1.86
	

	Rule of 75 Participant................................................................
	41
	


	1.87
	

	Rule of 85 Participant................................................................
	41
	







6


Exhibit  10.1.1



	
					
	1.88
	

	Severance.................................................................................
	41
	


	1.89
	

	Social Security Retirement Age.................................................
	41
	


	1.90
	

	Social Security Taxable Wage Base..........................................
	41
	


	1.91
	

	Spousal Consent.......................................................................
	41
	


	1.92
	

	Stability Period..........................................................................
	41
	


	1.93
	

	Surviving Domestic Partner.......................................................
	42
	


	1.94
	

	Surviving Spouse......................................................................
	42
	


	1.95
	

	Total Salary................................................................................
	42
	


	1.96
	

	Trustee......................................................................................
	42
	


	1.97
	

	Transferred O&R Management Participant...............................
	43
	


	1.98
	

	Vesting Service.........................................................................
	43
	


	1.99
	

	Year of Accredited.....................................................................
	43
	


	Article II Participation..............................................................................
	44
	


	2.01
	

	Participation Requirements.......................................................
	44
	


	2.02
	

	Events Affecting Participation....................................................
	45
	


	2.03
	

	Participation Upon Reemployment............................................
	46
	


	Article III Service......................................................................................
	53
	


	3.01
	

	Vesting Service.........................................................................
	53
	


	3.02
	

	Accredited Service....................................................................
	55
	


	3.03
	

	Re-employment of Participant-Suspension of Benefits and Break in Service Rules..............................................................
	57
	


	Article IV Eligibility for and Amount of Benefits...................................
	63
	


	4.01
	

	Normal Retirement....................................................................
	63
	


	4.02
	

	Normal Retirement Pension Allowance.....................................
	63
	


	4.03
	

	Late Retirement.........................................................................
	67
	


	4.04
	

	Early Retirement.......................................................................
	68
	


	4.05
	

	Vested Terminations Before Attaining Early Retirement............
	75
	


	4.06
	

	Disability Pension Allowance - CECONY Participants..............
	77
	


	4.07
	

	Disability - O&R Participant and O&R  Disability Pension Allowance..................................................................................
	78
	


	4.08
	

	Spouse’s Pension.....................................................................
	80
	


	4.09
	

	Maximum Benefit Limitation......................................................
	85
	


	4.10
	

	Transfers and Employment With an Affiliate.............................
	92
	


	4.11
	

	Minimum Benefits......................................................................
	94
	


	4.12
	

	Additional Provisions.................................................................
	94
	


	Article V Automatic Form of Payment....................................................
	95
	


	5.01
	

	Automatic Form of Payment......................................................
	95
	


	5.02
	

	Optional Forms of Payment......................................................
	98
	


	5.03
	

	Election of Options....................................................................
	108
	


	5.04
	

	Commencement of Payments...................................................
	110
	


	5.05
	

	Distribution Limitation................................................................
	111
	


	5.06
	

	Time and Manner Distributions if Participant Dies 
Before ASD...............................................................................
	112
	


	5.07
	

	Forms of Distribution.................................................................
	115
	


	5.08
	

	Direct Rollover of Certain Distributions.....................................
	116
	


	Article VI Contributions...........................................................................
	118
	


	6.01
	

	Employers’ Contributions..........................................................
	118
	







7


Exhibit  10.1.1



	
					
	6.02
	

	Return of Contributions.............................................................
	118
	


	6.03
	

	Non-Contributory Nature...........................................................
	118
	


	Article VII Administration of Plan...........................................................
	119
	


	7.01
	

	Named Fiduciaries....................................................................
	119
	


	7.02
	

	Duties of Plan Administrator......................................................
	120
	


	7.03
	

	Meetings....................................................................................
	121
	


	7.04
	

	Compensation and Bonding......................................................
	121
	


	7.05
	

	Establishment of Rules.............................................................
	121
	


	7.06
	

	Prudent Conduct.......................................................................
	122
	


	7.07
	

	Actuary......................................................................................
	122
	


	7.08
	

	Maintenance of Accounts..........................................................
	122
	


	7.09
	

	Service in More Than One Fiduciary Capacity..........................
	122
	


	7.10
	

	Limitation of Liability..................................................................
	122
	


	7.11
	

	Indemnification..........................................................................
	123
	


	7.12
	

	Appointment of Investment Manager........................................
	123
	


	7.13
	

	Expenses of Administration.......................................................
	123
	


	7.14
	

	Claims and Review Procedures................................................
	124
	


	Article VIII Management of Funds..........................................................
	126
	


	8.01
	

	Trustee......................................................................................
	126
	


	8.02
	

	Exclusive Benefit Rule..............................................................
	126
	


	Article IX General Provisions..................................................................
	127
	


	9.01
	

	Nonalienation............................................................................
	127
	


	9.02
	

	Conditions of Employment Not Affected by Plan.......................
	128
	


	9.03
	

	Facility of Payment....................................................................
	128
	


	9.04
	

	Information................................................................................
	128
	


	9.05
	

	Top-Heavy Provisions...............................................................
	128
	


	9.06
	

	Construction..............................................................................
	131
	


	9.07
	

	Prevention of Escheat...............................................................
	131
	


	Article X Amendment, Merger and Termination....................................
	133
	


	10.01
	

	Amendment of Plan...................................................................
	133
	


	10.02
	

	Merger, Consolidation, or Transfer............................................
	133
	


	10.03
	

	Additional Participating Companies..........................................
	133
	


	10.04
	

	Termination of Plan...................................................................
	134
	


	10.05
	

	Limitation Concerning Highly-Compensated Employees and Highly-Compensated Former Employees.................................
	134
	


	Article XI Cost-Of-Living Adjustments...................................................
	136
	


	11.01
	

	Eligibility-CECONY Participants................................................
	136
	


	11.02
	

	Annual Adjustment-CECONY Participants................................
	136
	


	11.03
	

	Percentage of Adjustment-CECONY Participants.....................
	136
	


	11.04
	

	Limitation on Adjustments-CECONY Participants.....................
	136
	


	11.05
	

	Index-CECONY Participants.....................................................
	137
	


	11.06
	

	Eligibility and Adjustment-O&R Participants..............................
	137
	


	11.07
	

	Eligible Spouse or Contingent Annuitant of O&R Participant....
	137
	


	11.08
	

	Pension Benefit Adjustment Amount for Spouse or Contingent Annuitant of O&R Participant....................................................
	138
	







8


Exhibit  10.1.1



	
					
	11.09
	

	Pension Benefit Adjustment for Alternate Payee of an O&R Participant.................................................................................
	138
	


	Article XII 401(h) Account........................................................................
	141
	


	12.01
	

	Establishment............................................................................
	141
	


	12.02
	

	Terms and Conditions...............................................................
	141
	


	12.03
	

	Contributions.............................................................................
	141
	


	12.04
	

	Use of Assets............................................................................
	142
	


	12.05
	

	Modification, Amendment, and Termination..............................
	142
	


	12.06
	

	Allocation of Responsibility for Payment...................................
	142
	


	Article XIII Return of Contributions to an O&R Participant..................
	143
	


	13.01
	

	Vested O&R Participant............................................................
	143
	


	13.02
	

	An O&R Participant Not Vested................................................
	143
	


	13.03
	

	Death of O&R Participant..........................................................
	143
	


	13.04
	

	Cessation of Pension Allowance...............................................
	143
	


	Article XIV Domestic Partner Benefits...................................................
	144
	


	14.01
	

	Domestic Partner Benefits:  In General.....................................
	144
	


	14.02
	

	Pre -Retirement Domestic Partner Survivor Annuity 
Coverage...................................................................................
	144
	


	14.03
	

	Post- retirement Domestic Partner Survivor Benefit 
Coverage...................................................................................
	145
	


	14.04
	

	Termination of Domestic Partnership........................................
	145
	


	Article XV Section 436 Limitations.........................................................
	147
	


	15.01
	

	Limitations Applicable If the Plan's Adjusted Funding Target Attainment Percentage Is Less Than 80 Percent or If the Plan Sponsor Is In Bankruptcy.........................................................
	147
	


	15.02
	

	Limitations Applicable If the Plan's AFTAP Is Less Than 60 Percent (or would be less than 60 percent to the extent described in below)...................................................................
	148
	


	15.03
	

	Limitations Applicable If the Plan Sponsor Is In Bankruptcy.....
	148
	


	15.04
	

	Provisions Applicable After Limitations Cease to Apply.............
	149
	


	15.05
	

	Treatment of Plan Amendments That Do Not Take Effect.........
	150
	


	15.06
	

	Interpretation of Provisions.......................................................
	150
	


	15.07
	

	PPA Rules Relating to Funding.................................................
	150
	


	15.08
	

	Special Definitions.....................................................................
	150
	





































9


Exhibit  10.1.1









THE CONSOLIDATED EDISON RETIREMENT PLAN


INTRODUCTION


Effective August 1, 1975, Consolidated Edison Company of New York, Inc.  (“CECONY”) adopted The Consolidated Edison Pension and Benefits Plan (the “Weekly Plan”) to provide retirement benefits to its collectively bargained employees and their eligible Surviving Spouses.  Effective January 1, 1983, CECONY adopted The Consolidated Edison Retirement Plan for Management Employees (the “Management Plan”), for employees on the management payroll of CECONY on or after December 31, 1982, to management employees who retired prior to that date and to eligible Surviving Spouses of such management employees. Effective January 1, 1998, Consolidated Edison, Inc.  (“CEI”), a holding company, was formed, and CECONY became its wholly-owned subsidiary.  In July 1999, CEI acquired Orange and Rockland Utilities, Inc. (“O&R”), which became a wholly-owned subsidiary of CEI.
Effective January 1, 2001, the Weekly Plan was amended and renamed the Consolidated Edison Retirement Plan (the “Plan”) to take into account, among other things, the impact the formation of the new controlled group has on the Plan; namely, that CEI is referred to throughout and serves as the Company, CECONY is the Plan Sponsor and an Employer and certain affiliates are, or will become, Participating Employers.    Furthermore, effective January 1, 2001, the Management Plan and the Employees’ Retirement Plan of Orange and Rockland Utilities, Inc. were merged into the Plan as a single plan, as that term is defined in the Internal Revenue Code of 1986, as amended, (the “Code”) Section 414(l).
On April 9, 2003, the IRS issued a favorable determination letter on the Plan taking into account the changes made by the Uruguay Round Amendments Act, Pub. L. 103-465, the Small Business Job Protection Act of 1996.  Pub. L. 104-188, the Uniformed Services Employment and Reemployment Rights Act of 1994, Pub. L. 103-353, the Taxpayer Relief Act of 1997, Pub. L. 105-34, the IRS Restructuring and Reform Act of 1998, Pub. L. 105-206, and the Community Renewal Tax Relief Act of 2000, Pub. L. 106-554.
Since the 2003 determination letter, the Plan has been amended, as set forth below.  In August, 2004, the Plan was amended to provide for the changes made on account of: (i) the collective bargaining agreement effective June 27, 2004, between CECONY and Local 1-2, Utility Workers Union of America, AFL-CIO (“Local 1-2 2004 CBA”); (ii) the collective bargaining agreement effective June 1, 2004, between O&R and Local 503, International Brotherhood of 


10


Exhibit  10.1.1



Electrical Workers, AFL-CIO (“Local 503 2004 CBA”); (iii) changes made to the benefit structure for O&R Management Employees that are concurrent with the changes made to the O&R Hourly Employees; and (v) changes to the factors used by O&R to determine actuarial equivalents for optional forms of benefits.
There are two changes resulting from the Local 1-2 2004 CBA.  Effective for retirements after June 27, 2004, the definition of “Final Average Pay” changed from a 5-year to a 4-year high.  Second, a CECONY Weekly Participant who is hired on or after June 27, 2004 (“CECONY Weekly Participant-1”) has as his or her normal form of pension allowance a single life annuity and all other forms of benefits are the actuarial equivalent of the single life annuity.  CECONY does not subsidize the qualified joint and survivor annuities or the qualified pre-retirement survivor annuity for the CECONY Weekly Participant-1.
There are three changes resulting from the Local 503 2004 CBA.  First, effective January 1, 2005, the pivot year will change from 1998 to January 1, 2000 and effective January 1, 2008, the pivot year will change from 2000 to 2003.  Second, effective January 1, 2005, for those pensions that begin after age 60 and end at age 62 the supplemental monthly payment of $600 will be increased to $800.  Third, an O&R hourly employee hired on and after January 1, 2005 (“O&R Hourly Participant-1”) will not be entitled to a pension benefit adjustment.
The Plan also was amended to provide that for retirements on and after January 1, 2005, the definition of Final Average Pay for CECONY Management Participants will change from a 60-month high to a 48-month high.
The Plan was amended, effective March 28, 2005, in accordance with Section 401(a)(31)(B)(i) of the Internal Revenue Code (“Code”) added as part of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA).  The required amendment reduces involuntary distributions from $5,000 to $1,000 of those vested accrued benefits.
The Plan was amended, effective June 26, 2005, to take into account four changes resulting from the 2005 -2009 Collective Bargaining Contract between Consolidated Edison Company of New York, Inc. and Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO (“Local 3 2005 CBA”).  First, effective June 26, 2005, for each CECONY weekly Local 3 employee who was on the payroll as of June 25, 2005, the definition of “Final Average Pay” will change from a 5 -year to a 4 -year high.  Second, effective June 26, 2005, a CECONY weekly local 3 employee hired on or after June 26, 2005, (“CECONY Local 3 Employee-1”) will have as his or her normal form of pension allowance a single life annuity and all other forms of benefits will be the actuarial equivalent of the single life annuity.  CECONY will no longer subsidize the qualified joint and survivor annuities or the qualified pre-retirement 


11


Exhibit  10.1.1



survivor annuity for CECONY Local 3 Employee-1.  Third, effective June 26, 2006, a CECONY Local 3 Employee -1 will be eligible for an unreduced early retirement pension allowance benefit at age 59 with 30 years of service or age 60 with 15 years of Accredited service.  And, fourth, the pension allowance for a CECONY Local 3 Employee-1 will not be eligible for a cost of living adjustment.
The Plan was amended to take into account the changes made by EGTRRA, as such changes were effective as of January  1, 2002, and subsequent legislation and regulations up to and including those with effective dates on and after January 1, 2007.  These Plan amendments supersede any provisions to the extent those provisions are inconsistent with the provisions of this Plan amendment.
On January 30, 2007, in accordance with Revenue Procedure 2055-66, the Plan was submitted to the IRS for a favorable determination letter.  The submission took into account the requirements of the Economic Growth and Tax Relief Reconciliation Act of 2001 and other items identified on the 2005 Cumulative List of Changes in Plan Qualification Requirements.  
On September 23, 2008, the IRS issued a favorable determination letter on the Plan (“2008 Determination Letter”).  The 2008 Determination Letter considered the 2005 Cumulative List of Changes in Plan Qualification.  The 2008 Determination Letter favorably applied to the proposed amendments submitted to the IRS in February 2007 and July 2008 (“Proposed Amendments”).  The Plan includes the requirements set forth in the 2008 Determination Letter including the Proposed Amendments.      
Effective January 1, 2008, the Plan was amended to provide that survivor pension benefits are available to a Participant who has a same sex domestic partner (“Same Sex Domestic Partner Survivor Benefits”).  The Participant’s domestic partner must meet certain criteria (“Domestic Partner”) established by the Plan Administrator.  The electing Participant bears the costs of providing the Same Sex Domestic Partner Survivor Benefit.  
Effective January 1, 2008, the Plan was also amended to change the vesting schedule for CEI Participants and all other Participants covered by the cash balance formula.  Effective January 1, 2008, actively employed Participants who are covered by the cash balance formula and have an Hour of Service on or after January 1, 2008, will become 100% vested after three years of Vesting Service.  The Plan was also amended to include a statutory mandated 75% qualified joint and survivor annuity.  
The Plan was amended, effective July 1, 2008, to take into account the change resulting from the 2008-2012 collective bargaining contract between Consolidated Edison Company of New York, Inc. and Local Union No. 1-2 of the Utility Workers Union of America, AFL-CIO.  


12


Exhibit  10.1.1



Effective July 1, 2008, each Local 1-2 Participant who meets certain age and service requirements and continues in active employment will be entitled to earn a special pension accrual during the designated period.
The Plan was amended, effective January 1, 2009, to provide that a CECONY Management Participant who meets certain age and service requirements will be entitled to earn a special pension accrual during a designated period.  Also, in December 2008, the IRS issued Notice 2008-108, the 2008 Cumulative List of Changes in Plan Qualification.  The 2008 Determination Letter reflects law changes under the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), Pub. L. 107-16 (with technical corrections made by the Job Creation and Worker Assistance Act of 2002 (JCWAA)), Pub. L. 104-147, the Pension Funding Equity Act of 2004 (PFEA), Pub. L. 108-218, the American Jobs Creation Act of 2004 (AJCA), Pub. L. 108-357, the Katrina Emergency Tax Relief Act of 2005 (KETRA), Pub. L. 109-73, the Gulf Opportunity Zone Act of 2005 (GOZA), Pub. L. 109-135, the Pension Protection Act of 2006 (PPA '06), Pub. L. 109-280, and the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007, Pub. L. 110-28.   As of October 2009, the Retirement Plan was amended to take into account those changes required in the 2008 Cumulative List of Changes in Plan Qualification that were not yet included in the document.  
On April 21, 2009, the Public Service Commission of New York State issued an “Order Setting Rates” reflecting a proposed downward adjustment to the  revenue requirement of CECONY amounting to $60 million (“April ’09 Austerity Order”).  In response to the April ‘09 Austerity Order, CECONY adopted certain austerity measures, including a temporary salary reduction for CECONY management employees in salary bands three and above, including employees in band numbers 63 up to and including 66, as well as officers (“CECONY Austerity Affected Participants”).  CECONY decided that the temporary salary reductions should not have an adverse effect on the long-term pension allowances of CECONY Austerity Affected Participants.  Without the Austerity Retirement Plan Amendment, CECONY feared unanticipated and unexpected increases in retirements by CECONY Austerity Affected Participants.  
Also, on May 15, 2009, the PSC issued an order (“May ’09 Austerity Order”) directing each major electric and gas utility in New York to examine its capital expenditures, operation and maintenance expenses, and any other areas over which the utility may have discretion in order to identify costs that may be reduced without impairing the ability to provide safe and adequate service.  Pursuant to the May ’09 Austerity Order, O&R adopted certain Austerity Measures, including: (i) a temporary salary freeze for O&R officers and management employees through 


13


Exhibit  10.1.1



June 30, 2010, and (ii) certain amendments that would apply to O&R officers and management employees participating in the Retirement Plan (“O&R Austerity Affected Participants”). 
The Plan was amended, July 1, 2009, with various effective dates, to take into account the changes resulting from the collective bargaining agreement effective June 1, 2009, between O&R and Local 503.  First, effective January 1, 2011, for an O&R Hourly Participant who retires on or after January 1, 2011, the pivot year will change from January 1, 2000, to January 1, 2003.  Second, effective January 1, 2014, for an O&R Hourly Participant who retires on or after January 1, 2014, the pivot year will change from January 1, 2003, to January 1, 2006.  Third, effective January 1, 2011, each O&R Hourly Participant who begins his or her Pension Allowance on or after age 60 will receive a supplemental monthly payment of $900 - increased from $800 - per month for each month before age 62.  Fourth, each O&R hourly employee hired on and after January 1, 2010, will be covered under the cash balance formula.
The Plan was amended, effective June 27, 2009, to take into account two changes resulting from the 2009 -2013 Collective Bargaining Contract between CECONY and Local 3.  First, effective June 27, 2009, each CECONY Weekly Local 3 employee who was on the payroll as of June 26, 2009, will be eligible for an unreduced early retirement pension allowance benefit at age 55 (lowered from age 59) and 30 years of Accredited Service.  Second, each CECONY Weekly Local 3 employee hired on and after January 1, 2010, will be covered under the cash balance formula.  
The Plan was amended, effective January 1, 2011, to change the pivot year from January 1, 2000, to January 1, 2003, for an O&R Management Participant who retires on or after January 1, 2011.  Also, effective January 1, 2011, each O&R Management Participant who begins his or her Pension Allowance on or after age 60 will receive a supplemental monthly payment of $900 - increased from $800 - per month for each month before age 62.  
Internal Revenue Code § 401(a)(37), added by the HEART Act, requires the Retirement Plan to provide that the survivors of a Participant who dies on or after January 1, 2007, while performing qualified military service, be entitled to any additional benefits, --other than benefit accruals relating to the period of qualified military service,--that would have been provided under the Retirement Plan had the Participant resumed employment and then terminated employment on account of death.  Currently, the Retirement Plan provides that an employee reemployed under Uniformed Services Employment Reemployment Recovery Act (USERRA) is treated as not having incurred a break in service because of the period of qualified military service and the employee's qualified military service is treated as service with the employer for vesting and benefit accrual purposes.  


14


Exhibit  10.1.1



Effective January 1, 2010, the Retirement Plan is amended to take into account the adoption of the same cash balance formula covering management employees hired on and after January 1, 2001 for Local 503 members hired on and after January 1, 2010, by O&R and Local 3 members hired on and after January 1, 2010, by CECONY, both as negotiated and agreed upon during collective bargaining negotiations.  Additionally, the Retirement Plan is amended to take into account the change from age 59 to age 55 for Local 3 Participants who were or are hired on and after June 26, 2005 and on and before December 31, 2009 by CECONY and who are eligible for an unreduced early retirement pension allowance, as agreed upon during collective bargaining negotiations between CECONY and Local 3.   
In accordance with Internal Revenue Code § 401(a)(37), the Retirement Plan is being amended to provide vesting credit -but not benefit accrual service credit --for the period of the deceased Participant's period of qualified military service.  
In accordance with Revenue Procedure 2011-6, 2011-1 I.R.B. 195, the Plan was amended, restated, and submitted to the IRS for a favorable determination letter taking into account the Heroes Earnings Assistance and Relief Tax Act of 2008 (HEART Act), Pub. L. 110-245, the Worker, Retiree, and Employer Recovery Act of 2008 (WRERA), Pub. L. 110-458, and the Small Business Jobs Act of 2010 (SBJA), Pub. L. 111-240.   Additionally, as part of the restatement submission, Part II (a) was updated solely to eliminate from the current document actuarial tables that no longer apply.   
On August 30, 2013, the Plan received a favorable determination letter which will expire on January 31, 2017.  The letter considered the 2010 Cumulative List of Changes in Plan Qualification Requirements.  
Since the date - January 2012 - that the Plan was submitted to the IRS for a favorable determination letter, the Plan has been amended as follows:
		
	1.
	In June 2013, the Internal Revenue Service Agent requested a plan amendment 


taking into account a change to the definition and determination of “key employee,” for purposes of top-heavy status.  The Plan was amended to address the change.
		
	2.
	In February 2012, the Boards upon having adopted recommendations from Mary 


Adamo, Vice President, Human Resources, the Retirement Plan was amended to take into account changes:  to the early retirement age for certain CECONY Management Participants and O&R Management Participants; the elimination of the subsidized 50% joint and survivor benefit for certain CECONY Management Participants; and a change in the structure of the Named Fiduciaries.   
		
	3.
	As a result of the July 2012 collective bargaining negotiations between Local 1-2




15


Exhibit  10.1.1



and CECONY, the Retirement Plan was amended to provide that employees who are hired, rehired, or transferred, on or after July 1, 2012, into a Local 1-2 title, will have their pension benefits calculated under the cash balance formula.
		
	4.
	Also, on June 30, 2012, the Plan Administrator adopted a change, effective July 1, 


2013, to the Suspension of Benefits Rule and other administrative and/or operational changes that are not material, and promote further efficiencies and uniformity in plan administration.
		
	5.
	As a result of the June 2013 collective bargaining negotiations between Local 3 


and CECONY, the Retirement Plan was amended to adopt a “Pension Choice” temporary program during which certain existing Local 3 members will have a choice between continuing their participation in the Retirement Plan for their pension benefits or transferring out of the Retirement Plan and earning future pension benefits under a new Defined Contribution Pension Formula.  The Pension Choice program will also be extended to newly hired Local 3 members who will be given a choice to earn their pension benefits (1) under the Cash Balance Pension Formula of the Retirement Plan or (2) under the new Defined Contribution Pension Formula.  Additionally, the Retirement Plan is being amended to make as the normal form of pension benefit for benefits accruing after June 30, 2014, a non-subsidized joint and 50% survivor annuity for certain CECONY Weekly Participants.   
As a result of the 2014-2017 Collective Bargaining Agreement between Local 503 and Orange and Rockland Utilities, Inc., the Retirement Plan was amended to provide for the following changes, as summarized below:   
1.    On or after June 1, 2014, each employee who is hired or rehired by O&R as an O&R Hourly Employee or transferred into a Local 503 title, will not be eligible to participate in the Retirement Plan.  For such O&R Hourly Employee, participation has been frozen.  
2.    The Retirement Plan was amended to adopt a “Pension Choice” temporary program during which each existing O&R Hourly Employee who is covered under the cash balance formula will have a choice between continuing in the Retirement Plan or transferring into the Thrift Savings Plan and being covered under a defined contribution pension formula.  
3.    Effective for an O&R Hourly Employee who retires on or after January 1, 2016, and who is not covered under the cash balance formula, the “pivot year,” will be 2012.  
4.    Effective for an O&R Hourly Employee who retires after January 1, 2017, the pension supplement will be increased to $1050 a month.    
5.    Effective January 1, 2015, for purposes of calculating an Early Retirement Pension Allowance, the early retirement age will be age 60.    
6.    Effective beginning on or after January 1, 2015, the maximum pension credits a 


16


Exhibit  10.1.1



disabled O&R Hourly Employee can earn will be 24 months.  If, during that period, he or she is approved for Social Security Disability Income Benefits, his or her pension credit may be extended up to but no more than an additional 12 months, so long as the extension does not exceed 36 months in total.   
Additionally, in November 2014, the Board of Directors and Board of Trustees agreed to amend the Retirement Plan as summarized below:   
1.    Effective for an O&R Management Participant who after January 1, 2016, the “pivot year,” will be 2012.  
2.    Effective for an O&R Management Participant who retires after January 1, 2017, the pension supplement will be increased to $1050 a month.  
Except as otherwise specifically provided herein, the rights and benefits of any Participant who retires or whose employment is terminated are determined in accordance with the provisions of the Plan as in effect and operative at the time of such retirement or termination.  However, special rules may apply in the event a Participant experiences a rehire, a transfer, or a break in service employment. 
As a result of the June 2016 - 2020 collective bargaining contract between the Utility Workers Union of America, AFL-CIO, Local 1-2 and Consolidated Edison Company of New York, Inc., the Retirement Plan was amended to provide that each Eligible Employee who (i) is a member of Local 1-2; (ii) hired between July 1, 2012 and June 25, 2016; and (iii) covered under the Cash Balance Pension Formula (“ CEI Participant”) will be given a Pension Choice.  Also, each Eligible Employee, other than a Provisional Customer Field Representative, who (i) is a member of Local 1-2 and (ii) hired on or after June 26, 2016, will be given a Pension Choice.   
Effective as of January 1, 2017, the Retirement Plan was amended to provide that on or after January 1, 2017, each CECONY management employee, each O&R management employee, or CEI Affiliate employee who was first hired, or rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment, and who began to receive or received some or all of her or his Pension Allowance will not be eligible to participate in the Retirement Plan.  
Effective beginning July 1, 2017, up to and ending June 30, 2021, each CEI Participant who is a CECONY management employee, O&R management employee, or a CEI Affiliate employee will be given a Pension Choice.  


The Retirement Plan also was amended, effective on or about June 2017, to provide that each CECONY Management Participant and each O&R Management Participant, including 


17


Exhibit  10.1.1



a former actively employed CECONY Management Participant and O&R Management Participant, who is not in pay status and has a vested accrued benefit, in addition to the currently available forms of payment options, will be given as an optional form of Pension Allowance, a lump-sum single payment when he or she elects to begin his or her pension benefit.  
Effective January 1, 2017, Con Edison Transmission, Inc. has become a Participating Employer. 




































































18


Exhibit  10.1.1



Article I
Definitions
1.01    Accredited Service  means service recognized for purposes of computing the amount of any Pension Allowance and is determined as provided in Section 3.02.    
1.02    Accumulated Benefit means a CEI Participant's Pension Allowance at any date and accrued to that date.
1.03    Accumulated Contributions  means the sum of an O&R Participant’s contributions to the O&R Plan plus interest at the rate per annum, compounded annually, of 21⁄2 per centum prior to January 1, 1963; 3 per centum after December 31, 1962, and prior to January 1, 1976; 5 per centum after December 31, 1975, and prior to January 1, 1981; 6 per centum after December 31, 1980, and prior to January 1, 1986; 7 per centum after December 31, 1985, and prior to January 1, 1988, and after December 31, 1987, the interest rate determined pursuant to the provisions of Code Section 411(c)(2)(C) as in effect from time to time thereafter.
1.04    Actuarial Equivalent means equivalent value determined on the basis of the applicable factors set forth in
		
	a.
	Appendix A, Sub appendix A-1 for CECONY Participants,


		
	b.
	Appendix A, Sub appendix A-2 for O&R Participants, 


		
	c.
	Appendix A, Sub appendix A-3 for CEI Participants , except as otherwise specified in the 


Retirement Plan, and
		
	d.
	Effective January 1, 2008, Appendix A, Sub appendix A -4 for Domestic Partner Benefits 


including a Pre-retirement Domestic Partner Survivor Annuity and a Post -retirement Domestic Partner Survivor Annuity Benefit.
1.05    Adjusted IRS Interest Rate  means, before January 1, 2009, for a CECONY Participant, the rate of interest, used in conjunction with the IRS Interest Rate in the calculation of the present value of benefits, to take account the prospective cost-of-living adjustments which shall be determined by:
		
	a.
	dividing the IRS Interest Rate, as determined for a Participant’s Annuity Starting Date, by 100;


		
	b.
	adding 1.0000 to the amount determined under (a);


		
	c.
	dividing the amount determined in (b) by the lesser of (x) the sum of (A) 0.9694, plus (B) the product of 0.7194 and the amount determined in (a), or (y) 1.0300;


		
	d.
	subtracting 1.0000 from the amount determined in (c); and


		
	e.
	multiplying the amount determined in (d) by 100, provided, however, that in no event shall 




19


Exhibit  10.1.1



the Adjusted IRS Interest Rate exceed the IRS Interest Rate as of any date of determination.
Effective for determining a CECONY Participant’s present value of benefits on and after 
January 1, 2009, the Adjusted IRS Interest Rate means the rate of interest used in conjunction with the IRS Interest Rate in the calculation of the present value of benefits.  The adjustment to the IRS Interest Rate is made to reflect the prospective cost of living adjustments, pursuant to section 11.02, and is determined in the following manner:
		
	f.
	First, the annual percentage change in Consumer Price Index, All Urban Consumers - US City Average ("CPI-U") is measured in October of each year.  The period begins on October 1st of the prior year and ends September 30th of the current year.  Each of the past ten annual periods is compiled.  


		
	g.
	Second, to the extent that any of the annual percentage changes in (a) are/were greater than 4%, the change for that annual period is limited to 4%.


		
	h.
	Third, the 10 annual periods, after an adjustment, if necessary under (b), are multiplied together to determine the cumulative 10-year impact of the CPI-U Index.  


		
	i.
	Fourth, the cumulative impact calculated in (c) is annualized so that the resulting number, multiplied by itself 10 times will result in the cumulative impact calculated in (c).


		
	j.
	Fifth, the assumed automatic cost-of-living adjustment is 75% of the average CPI in the fourth step (d) rounded to the nearest .001.  The results of the first to the fourth steps are done without any rounding.


		
	k.
	Fifth, the annualized number from (d) is the CPI used to adjust the IRS Interest Rate segments published monthly for use during the following calendar year (January to December). 


		
	l.
	The Adjusted Interest Rate is determined by dividing the IRS Interest Rate for each segment by the adjustment determined in the fifth step in (e).  This step can be expressed by the formula: (1+ IRS Segment Rate) / (1+ Adjustment) -1. 


1.06    Affiliate  means any company which is a member of a controlled group of corporations (as defined in Code Section 414(b)), which also includes as a member the Company, any trade or business under common control (as defined in Code Section 414(c)), with the Company, any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)), which includes the Company, and any other entity required to be aggregated with the Company pursuant to regulations under Code Section 414(o).  Notwithstanding the foregoing sentence, for purposes of determining the Maximum Benefit 


20


Exhibit  10.1.1



Limitation, the definitions in Code Sections 414(b) and (c) shall be modified as provided in Code Section 415(h).
1.07    Annual Basic Straight-Time Compensation  means:
		
	a.
	for a CECONY Weekly Employee, his or her regular stated rate of pay in his or her last 


pay period in each calendar year, determined prior to any Pre-Tax Contributions, on which overtime and other premium payments are based, and, except as set forth in the definition of Final Average Pay, does not include premium, overtime payments, or similar payments.  In the case of an hourly-paid CECONY Weekly Employee, Annual Basic Straight-Time Compensation will be determined by multiplying the CECONY Weekly Employee's hourly rate by his or her regular weekly schedule of hours multiplied by fifty-two (52); and
		
	b.
	effective as of January 1, 2001, for a CECONY Management Participant, a CEI 


Participant and a CECONY Transferred Participant, his or her regular stated annual rate of salary in his or her last pay period in each calendar year, determined prior to any Pre-Tax Contributions, excluding premium pay, overtime pay, payments under deferred compensation, incentive, or other employer benefit or compensation plans, and all other forms of special pay.  For a CEI Participant, his or her regular stated annual rate of salary is determined on the last pay period in each calendar quarter (and not on the last pay period in each calendar year).  If a CEI Participant is covered by a collective bargaining agreement, his or her Annual Basic Straight Time Compensation means his or her hourly rate of pay at the end of each calendar quarter times 520 hours.  
		
	c.
	If a CEI Participant’s Annual Basic Straight Time Compensation includes a shift 


differential that is included in his or her rate of pay, the shift differential is included in Annual Basic Straight Time Compensation.  For a CEI Participant who is a member of Local 3, Annual Basic Straight Time Compensation includes one hundred percent (100%) of the aggregate amount of his or her pay attributable exclusively to Sunday premium pay and night shift and midnight shift differential premium pay during a calendar year.  For a CEI Participant who is a member of Local 1-2, Annual Basic Straight Time Compensation includes one hundred percent (100%) of the aggregate amount of his or her pay attributable exclusively to Sunday premium pay and night shift and midnight shift differential premium pay during a calendar year. 
		
	d.
	Because of the Austerity Measures and only during the CECONY Austerity Period, for a 


CECONY Austerity Affected Participant, Annual Basic Straight -Time Compensation is his or her regular stated annual rate of salary determined on either (i) the last pay period in calendar year 2009 or, if greater, (ii) at the end of June 2009.  If the June 2009 salary rate is higher than a later 


21


Exhibit  10.1.1



salary rate, the June 2009 salary rate will be taken into account only if it is higher on account of Austerity Measures.
		
	e.
	 Because of the Austerity Measures and only during the CECONY Austerity Period, for a 


CEI Participant who is a CECONY Austerity Affected Participant, Annual Basic Straight-Time Compensation is his or her regular stated annual rate of salary determined on either (i) the last pay period in each calendar quarter or, if greater, (ii) in the last pay period of June 2009.  If the June 2009 salary rate is higher than the salary rate at the end of a later calendar quarter, the June 2009 salary rate will be taken into account only if it is higher on account of Austerity Measures.  
		
	f.
	Because of the Austerity Measures and only during the O&R Austerity Period, for a CEI 


Participant who is an O&R Management Employee of O&R, Annual Basic Straight-Time Compensation in the first two calendar quarters of 2010 is the salary rate he or she would have received but for the Austerity Measures.  If the CEI Participant is an O&R Management Employee and, at the end of the Austerity Period, receives an increase in his or her salary rate, the increased rate will be deemed to have occurred in January 2010 or April 2010, or when it would have otherwise occurred but for the Austerity Measures.   
		
	g.
	Effective January 1, 2010, Annual Compensation for a CEI Participant who is an O&R Hourly Employee means his or her Annual Rate of Compensation.  




1.08    Annual Compensation  means:
		
	a.
	for a CECONY Weekly Employee, his or her Annual Basic Straight-Time Compensation;


		
	b.
	for a CECONY Management Participant and a CECONY Transferred Participant, for Plan 


Years commencing prior to January 1, 1999, his or her Annual Basic Straight-Time Compensation;
		
	c.
	for a CECONY Management Participant, a CECONY Transferred Participant, and a CEI 


Participant, for Plan Years commencing on and after January 1, 1999, the sum of his or her Annual Basic Straight-Time Compensation and Annual Variable Pay Award;
		
	d.
	for an O&R Management Employee, his or her Annual O&R Management Compensation; 


and
		
	e.
	for an O&R Hourly Employee, his or her Annual Rate of Compensation.


Beginning for Plan Years on and after December 31, 1997 up to and including Plan Year 1999, Annual Compensation will not exceed $160,000.  Annual Compensation will not exceed $170,000 for 2000 and 2001.  Beginning for Plan Years on and after 2002, Annual Compensation will not exceed $200,000 as adjusted from time to time in accordance with Code Section 401(a)(17)(B).  The cost-of-living adjustment in effect for a calendar year applies to 


22


Exhibit  10.1.1



Annual Compensation for the determination period that begins with or within the calendar year.  Effective January 1, 1997, the compensation limit shall be applied without regard to the family aggregation provisions of Code Section 414(q)(6), as in effect prior to the amendment by the Small Business Job Protection Act of 1996, in determining benefit accruals for Plan Years beginning on and after January 1, 1997, and, to the extent permissible under the IRS rules or regulations, for any earlier Plan Year.
1.09    Annual O&R Management Compensation  means the regular remuneration paid to an O&R Management Employee on the basis of his or her regular workweek, determined prior to any Pre-Tax Contributions, plus any awards paid to an O&R Management Employee after January 1, 1997, under the Orange and Rockland Utilities, Inc.  Annual Team Incentive Plan ("ATIP") (such ATIP awards shall be credited to Annual O&R Management Compensation in the year in which paid).  Annual O&R Management Compensation excludes any bonuses (other than ATIP awards), overtime, other special pay and O&R’s cost for any public or private employee benefit plan including the Retirement Plan.  An O&R Management Employee receiving credit for Vesting Service and Credited Service on the basis of receipt of long-term disability benefits under a plan sponsored by O&R shall be credited with Annual O&R Management Compensation for that period at the same rate he or she had been receiving when last actively at work.  
Notwithstanding anything to the contrary in this definition, ATIP awards will be considered as Annual O&R Management Compensation only if paid in a year in which the O&R Management Employee is on the active payroll of the Company or an Affiliate. Also, if the final day on which an O&R Management Employee is on the active payroll is prior to the ATIP award payment date in the year which contains such final day on the active payroll, the ATIP award paid to such O&R Management Employee in such year shall be deemed to have been received during his or her Credited Service for the purpose of determining his or her Pension Allowance.  When determining an O&R Management Employee's rate of Annual O&R Management Compensation as of a particular date, for the purpose of determining his or her deemed Annual O&R Management Compensation, during a period of deemed  Credited Service, the ATIP component of that Annual O&R Management Compensation rate shall be based upon the ATIP award paid to the O&R Management Employee in the year which contains the last date on which such O&R Management Employee is on the active payroll of the Company or an Affiliate.
Because of the Austerity Measures and only during the O&R Austerity Period, for an O&R Management Participant, Annual O&R Management Compensation means his or her regular remuneration except that, if and when an Affected O&R Management Participant 


23


Exhibit  10.1.1



receives a salary increase, he or she will be treated as if the salary was increased in January 2010 or April 2010, when it would have otherwise occurred but for the Austerity Measures.  The result is that the O&R Management Participant’s Annual O&R Management Compensation for 2010 will not be his or her regular remuneration but his or her regular remuneration plus the amount of the increase, if any, taken into account earlier than the date actually received in 2010.  1.10    Annual Rate of Compensation  means, for an O&R Hourly Employee paid at an hourly or weekly rate, the regular remuneration paid to an O&R Hourly Employee on the basis of his or her regular workweek, determined prior to any Pre-Tax Contributions, and excluding any bonuses, overtime, or special pay, O&R’s cost for any public or private employee benefit Retirement plan including the Retirement Plan, for the last regular work week immediately preceding the date the Annual Rate of Compensation is being computed multiplied by 52.  An O&R Hourly Employee receiving credit for Vesting Service and Credited Service on the basis of receipt of long-term disability benefits under the plan of such benefits sponsored by O&R shall be credited with Annual O&R Hourly Compensation for that period at the same rate he or she had been receiving when last actively at work.
1.11    Annual Variable Pay Award  means the amount awarded, if any, to a Participant in a Plan Year under CECONY’s variable pay compensation plan or O&R’s ATIP.  For an Employer other than CECONY or O&R, Annual Variable Pay Award means the amount awarded, if any, to a Participant in a Plan Year under that Employer’s short-term incentive compensation plan that has been approved by the Plan Administrator.  Approval by the Plan Administrator of any short-term incentive compensation plan is on a prospective basis.  Effective November 15, 2001, the amount of any award to be counted under this Retirement Plan for a CECONY Participant or a CEI Participant shall not exceed 25% of the Participant’s rate of base annual salary or pay in effect as of January 1 of the Plan Year in which the award is made.  Any awards under a long-term incentive compensation plan shall not be includible in any Annual Variable Pay Award.  Commissions paid by an Employer also shall be considered to have been awarded pursuant to a short-term incentive compensation plan and shall be subject to the overall aggregate limit of 25% of base annual salary (exclusive of commissions).
1.12    Annuity Starting Date or ASD  means, unless the Plan expressly provides otherwise, the first day of the first period in or for which an amount is due as an annuity or any other form.  1.13    Approved Leave of Absence  means, for an O&R Employee, an absence from employment, granted to and approved by O&R in a uniform and non-discriminatory manner; it also means an absence for service in the Armed Forces or other governmental agency, provided that, and only so long as, reemployment rights are protected by law.


24


Exhibit  10.1.1



1.14    Austerity Measures  mean for CECONY, certain measures taken in response to the April ‘09 Austerity Order, including a temporary salary reduction for CECONY Management Employees in salary bands three and above as well as officers.  Austerity Measures means, for O&R, certain measures taken in response to the May ‘09 Austerity Order, including a temporary salary freeze for O&R Management Employees as well as officers.   
1.15    Beneficiary  means the person, persons, or entity named by a Participant by written designation filed with the Plan Administrator to receive payments after the Participant’s death.
1.16    Board  means the Board of Trustees of CECONY, as from time to time constituted, or its delegate.
1.17    Break in Service  means a Plan Year in which an Employee completes 500 or fewer Hours of Service.
1.18    Cash Balance Account  means a hypothetical bookkeeping account to which is credited the allocations and interest credits on behalf of a CEI Participant pursuant to Article IV.  
1.19    Cash Balance Accrued Benefit  means the Cash Balance Account, as of any determination date, projected to Normal Retirement Date at the “applicable interest rate,” as defined in this paragraph, and payable at Normal Retirement Date in the form of a single life annuity for the life of the CEI Participant.  The amount of the single life annuity will be determined using the IRS Interest Rate and IRS Mortality Table.  The “applicable interest rate” will be equal to four times the interest rate taken into account pursuant to Section 4.02(b)(2), called “Interest Credits to Cash Balance Account,” in the determination of interest credits allocated to the Participant’s Cash Balance Account for the quarter that includes the date of determination.  Beginning on January 1, 2012, the Cash Balance Accrued Benefit may be referred to as the Accumulated Benefit, as defined in Treasury Regulation, Section 1.411(a).   
1.20    Cash Balance Single Sum Payment  means a lump sum payment in the amount of the Participant’s Cash Balance Account at the Participant’s Annuity Starting Date, or, effective January 1, 2012, the Participant’s Accumulated Benefit.  
1.21    Cash Out  means a lump sum distribution of the Actuarial Equivalent of 100% of the Participant’s nonforfeitable accrued Pension Allowance.  The Cash Out does not apply to a CEI Participant who elects a Cash Balance Single Sum Payment.
1.22    CECONY  means the Consolidated Edison Company of New York, Inc., and any successor by merger, purchase or otherwise.
1.23    CECONY Austerity Affected Participant  means a CECONY management employee in salary bands three and above, including employees in band numbers 63 up to and including 66, as well as officers.


25


Exhibit  10.1.1



1.24    CECONY Austerity Period  means the period that begins on July 1, 2009 and ends on June 30, 2010.  
1.25    CECONY Local 3 Employee -1  means a CECONY Weekly Employee who is a member of Local 3 and hired on or after June 26, 2005.
1.26    CECONY Management Employee means an Employee hired by and on the management payroll of CECONY.
1.27    CECONY Management Participant  means (i) a Participant who was in the CECONY Management Plan on or before December 31, 2000; (ii) a “transferred O&R Management Participant,” as defined in Appendix C, who by the terms and operation of Appendix C, becomes a CECONY Management Participant and is not covered under the cash balance formula; (iii) and an Affected IP Employee (as defined in Appendix J) hired on or after January 1, 2001, on the management payroll of CECONY and who, but for this provision, would have been a CEI Participant.  Unless otherwise explicitly set forth, reference to a “CECONY Management Participant” includes a CECONY Management Participant who has not attained age 50 on or before January 1, 2013 (hereinafter a “CECONY Management Participant Tier 1”).  
Effective January 1, 2013, a CECONY Management Participant Tier 1 is distinguished from a CECONY Management Participant in two ways: (1) in determining his or her Early Retirement Pension Allowance, and (2) in calculating his or her Pension Allowance if that Allowance is taken in form of a surviving spousal benefit.
1.28    CECONY Management Plan  means the Consolidated Edison Retirement Plan for Management Employees, as in effect on December 31, 2000.
1.29    CECONY Participant  means a CECONY Weekly Participant, a CECONY Management Participant and a CECONY Transferred Participant.  CECONY Participant also means a former employee and/or retiree of CECONY who, as of December 31, 2000, had a vested right to a Pension Allowance from the CECONY Management Plan or the CECONY Weekly Plan.  A CECONY Participant does not include a CEI Participant.
1.30    CECONY Retiree Health Program  means The Consolidated Edison Retiree Health Program.
1.31    CECONY Transferred Participant  means a CECONY Management Participant who transfers directly, without a break in employment, from the payroll of CECONY to the payroll of O&R, a CEI Affiliate, or another Employer.  
1.32    CECONY Weekly Employee  means both an Eligible Employee and employed by and on the weekly payroll of CECONY as a member of Local 1-2, or a member of Local 3.  In all 


26


Exhibit  10.1.1



cases other than those cases explicitly set forth otherwise, reference to a “CECONY Weekly Employee” includes a CECONY Weekly Employee-1 and a CECONY Local 3 Employee-1.
1.33    CECONY Weekly Employee-1  means a CECONY Weekly Employee who is a member of Local 1-2 Weekly and hired on and after June 27, 2004.
1.34    CECONY Weekly Participant  means a CECONY Weekly Employee who was a Participant in the CECONY Weekly Plan or becomes a Participant in this Retirement Plan.  A CECONY Weekly Participant does not include a member of Local 3 hired on or after January 1, 2010, unless otherwise specifically stated.  A member of Local 3 hired on or after January 1, 2010, as a CECONY Weekly Employee is covered by the cash balance formula and therefore classified in the Retirement Plan as a CEI Participant.      
1.35    CECONY Weekly Participant-1  means a CECONY Weekly Employee-1 and a CECONY Local 3 Employee-1, who participates in the Retirement Plan.
1.36    CECONY Weekly Plan  means the Consolidated Edison Pension and Benefits Retirement Plan as in effect on December 31, 2000.
1.37    CEI Affiliate or CEI Affiliates  means one or more than one, of the Affiliates of CEI, including, as of January 1, 2011, Consolidated Edison Solutions, Inc.  (“CES”); Consolidated Edison Energy, Inc.  (“CEE”); and Consolidated Edison Development, Inc.  (“CED”); provided, however, that from time to time, as a result of corporate transactions or otherwise, one or more of the CEI Affiliates may no longer be an Affiliate.  Only an Affiliate or an Employee of an Affiliate is permitted to participate in the Plan.  
Effective as of January 1, 2004, a CEI Affiliate includes Competitive Shared Services (“CSS”).  Beginning July 2004, a CEI Affiliate will be only the current CEI Affiliates and, thereafter, those entities referred to in the Appendices.  Effective January 1, 2010, a CEI Affiliate is an Affiliate that has affirmatively adopted the Plan and has been affirmatively approved by the Board of Trustees or Board as a Participating Employer.  
Effective January 1, 2017, Con Edison Transmission, Inc. (“CET”) has affirmatively adopted the Plan and the Boards approved the participation by CET as a Participating Employer.  On or after January 1, 2017, an CET employee who was first hired, or rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment on or after January 1, 2017, and who began to receive or received some or all of her or his Pension Allowance will not be eligible to participate in the Retirement Plan.  
1.38    CEI Participant  means an Eligible Employee of CECONY or O&R who is on the management payroll and hired on or after January 1, 2001 and before January 1, 2017.  A CEI Participant is not an Affected IP Employee (as defined in Appendix J).  CEI Participant also 


27


Exhibit  10.1.1



means an Eligible Employee of a CEI Affiliate for whom the CEI Affiliate has elected to extend and CECONY has approved the participation in the Retirement Plan, as set forth in Appendix B.  CEI Participant also means an Eligible Employee of an Affiliate that becomes an Employer on or after January 1, 2001, and for whom such Employer, with the consent of CECONY, extends participation.  
A CEI Participant also means an O&R Hourly Employee hired on or after January 1, 2010, and a CECONY Weekly Employee who is a member of Local 3 and hired on or after January 1, 2010.
A CEI Participant also means an employee who is hired, rehired (except a former employee member of the Local 1-2 bargaining unit covered under the final average pay formula and who deferred receipt of a pension benefit), or transferred (except for an employee who transferred back into Local 1-2 bargaining unit and who was previously covered by the final average pay formula) into Local 1-2 on or after July 1, 2012.  
On or after June 26, 2016, a CEI Participant also means an Eligible Employee who is (i) a member of Local 1-2; (ii) hired, rehired, transferred, reinstated, or returning to the weekly payroll of CECONY; (iii) entitled to a Pension Choice election; and (iv) affirmatively elects to be covered under the Cash Balance Pension Formula.  
A CEI Participant (also referred to in the 2016-2020 Collective Bargaining Contract as a Cash Balance Participant) includes a member of Local 1-2, hired between July 1, 2012, and June 25, 2016, and covered under the Cash Balance Pension Formula.  
1.39    Code  means the Internal Revenue Code of 1986, as amended from time to time.
1.40    Code Section 415(c)(3) Compensation  means the inclusion of the Employee's wages, salaries, fees for professional services, and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course of employment, with the employer maintaining the Plan, to the extent that the amounts are includible in gross income.  
Code Section 415(c)(3) Compensation includes amounts that would have been received and includible in gross income but for an election under section 125(a), 132(f)(4), 402(e)(3), 402(h)(1)(B), 402(k), or 457(b).  Compensation includes, but is not limited to, commissions paid to salespersons, compensation for services on the basis of a percentage of profits, commissions on insurance premiums, tips, bonuses, fringe benefits, and reimbursements or other expense allowances under a nonaccountable plan as described in § 1.62-2(c).  
Code Section 415(c)(3) Compensation includes amounts described in section 104(a)(3), 105(a), or 105(h), but only to the extent that these amounts are includible in the gross income of 


28


Exhibit  10.1.1



the Employee.  
Code Section 415(c)(3) Compensation includes amounts paid or reimbursed by the Employer for moving expenses incurred by an Employee, but only to the extent that at the time of the payment it is reasonable to believe that these amounts are not deductible by the Employee.
Code Section 415(c)(3) Compensation includes the value of a nonstatutory option granted to an Employee, but only to the extent that the value of the option is includible in the gross income of the Employee for the taxable year in which granted.
Code Section 415(c)(3) Compensation includes amounts includible in the gross income of an Employee upon making the election described in section 83(b).
Code Section 415(c)(3) Compensation includes amounts that are includible in the gross income of an Employee under the rules of section 409A or section 457(f)(1)(A) or because the amounts are constructively received by the Employee.
Code Section 415(c)(3) Compensation does not include contributions (other than elective contributions described in section 402(e)(3), section 408(k)(6), section 408(p)(2)(A)(i), or section 457(b)) made by the Employer to a plan of deferred compensation to the extent that the contributions are not includible in the gross income of the Employee for the taxable year in which contributed to the extent such contributions are not includible in the Employee's gross income for the taxable year in which contributed.
Code Section 415(c)(3) Compensation does not include any distributions from a plan of deferred compensation, whether or not qualified, regardless of whether such amounts are includible in the gross income of the Employee when distributed.  
Code Section 415(c)(3) Compensation does not include amounts realized from the exercise of a nonstatutory option (which is an option other than a statutory option as defined in § 1.421-1(b)), or when restricted stock or other property held by an Employee either becomes freely transferable or is no longer subject to a substantial risk of forfeiture (see section 83 and regulations promulgated under section 83).   
Code Section 415(c)(3) Compensation does not include amounts realized from the sale, exchange, or other disposition of stock acquired under a statutory stock option (as defined in § 1.421-1(b)).  
Code Section 415(c)(3) Compensation does not include other amounts that receive special tax benefits, such as premiums for group-term life insurance (but only to the extent that the premiums are not includible in the gross income of the Employee and are not salary reduction amounts that are described in section 125).  


29


Exhibit  10.1.1



For Plan Years beginning after July 1, 2007, Code Section 415(c)(3) Compensation also includes compensation paid by the later of 2 1⁄2 months after an Employee's Severance or the end of the Plan Year that includes the date of the Employee's Severance with the Employer if:  (i) the payment is regular compensation for services during the Employee's regular working hours, or compensation for services outside the Employee's regular working hours, such as overtime or shift differential, commissions, bonuses, or other similar payments, and absent a Severance, the payments would have been paid to the Employee while the Employee continued in employment with the Employer; (ii) the payment is for unused accrued bona fide sick, vacation or other leave that the Employee would have been able to use if employment had continued; or (iii) the payment is received by the Employee pursuant to a nonqualified unfunded deferred compensation plan and would have been paid at the same time if employment had continued, but only to the extent includible in gross income.  Any payment not described above shall not be considered Code Section 415(c)(3) Compensation, even if paid by the later of 2 1⁄2 months after the date of Severance or the end of the Plan Year that includes the date of Severance.  
1.41    Company  means CEI or any successor by merger, purchase or otherwise.
1.42    Consolidated RPA ’94 Lump Sum Conversion Factors  means, effective January 1, 1997, the table of actuarial factors used to convert an immediate or deferred annuity, determined in accordance with or by reference to Section 4.02, into an actuarially equivalent lump sum.  Such factors shall be based on the IRS Mortality Table and shall take into account the IRS Interest Rate for the period prior to a Participant’s Normal Retirement Date and the Adjusted IRS Interest Rate for the period subsequent to the Participant’s Normal Retirement Date.  
However, for a CECONY Local 3 Employee -1, such factors shall be based on the IRS Mortality Table and shall take into account the IRS Interest Rate for the period prior to a Participant’s Normal Retirement Date and the IRS Interest Rate for the period subsequent to the Participant’s Normal Retirement Date.   
The enrolled actuary shall provide to the Plan Administrator tables of Consolidated RPA ’94 Lump Sum Conversion Factors determined on the basis of the IRS Interest Rate in effect in each “lookback month” as that term is defined in the definition of IRS Interest Rate.


30


Exhibit  10.1.1



1.43    Credited Service  means each Plan Year in which the O&R Participant has earned or is credited with a Year of Vesting Service during Plan participation.  Effective on and after January 1, 2001, Credited Service means Accredited Service.
1.44    Defined Contribution Pension Formula means the noncontributory Defined Contribution Pension Formula in the Consolidated Edison Thrift Savings Plan. 
1.45    Disability  means a total and permanent disability, which qualifies the Participant to receive Social Security disability benefits.
1.46    Domestic Partner  means the person who meets the criteria enumerated in Article XIV and is registered as the Domestic Partner of a Participant.  On and after January 1, 2013, on account of federal law recognizing same-sex marriages, the Retirement Plan does not recognize Domestic Partners or Domestic Partner benefits for a CECONY Management Employee, O&R Management Employee, or a CEI Affiliate employee.  
1.47    Effective Date  means (i) August 1, 1975, for the CECONY Weekly Plan;  (ii) January 1, 1983, for the CECONY Management Plan; (iii) February 1, 1954, for the O&R Plan; and (iv) January 1, 2001, for this merged single Retirement Plan.
1.48    Eligible Employee  means, in the case of CECONY and O&R, unless otherwise excluded, an Employee.  In the case of a CEI Affiliate, only a CECONY Transferred Participant is an Eligible Employee.  If a CEI Affiliate has elected or elects, with the written approval of CECONY, to extend participation in the Retirement Plan, as set forth in Appendix B, to one or more of its employees, then an Eligible Employee is a person employed by a CEI Affiliate that is a participating employer.  An Employee employed at a CEI Affiliate that is not a participating employer and does not have the written approval of CECONY is not an Eligible Employee.  In the case of any other Employer, an Eligible Employee is only the person(s) to whom such Employer specifically elects or elected, with the approval of CECONY, to extend participation in this Plan, as set forth in Appendix B.  
An Eligible Employee does not mean a person working on a temporary or seasonal basis.  An Eligible Employee is not a Leased Employee or a person who has entered into a written contract that provides he or she (a) is an independent contractor and not an Employee and/or (b) waives participation in the Retirement Plan.  An independent contractor shall not be eligible to participate in the Plan during the period the written contract is in effect without regard to whether such person is reclassified as an Employee for such period by the IRS for tax withholding purposes.  Effective January 1, 2001, an Eligible Employee does not include an employee or individual receiving a Pension Allowance unless he or she is in a Non-Suspendible Month.


31


Exhibit  10.1.1



Effective January 1, 2017, the Board of Directors of CEI, the Board of Trustees of CECONY, and the Board of Directors of O&R, have approved the closing of the Retirement Plan to each CECONY management employee, O&R management employee, or CEI Affiliate employee hired on or after January 1, 2017.  
On or after January 1, 2017, each CECONY management employee, O&R management employee, or CEI Affiliate employee who is rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment on or after January 1, 2017, and who began to receive or received some or all of her or his Pension Allowance will not be eligible to participate in the Retirement Plan.  On and after January 1, 2017, she or he will not return to the Retirement Plan and will not earn additional Years of Accredited Service.  If an individual was covered under the Final Average Pay Formula, the career average formula, or the total salary formula, and distribution had begun, any future salary, pay, variable pay, or compensation increases are not taken into account to increase her or his Pension Allowance accrued before January 1, 2017.  
However, if, on or after January 1, 2017, a CECONY management employee, O&R management employee, or CEI Affiliate employee, is rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment, and has a vested accrued Pension Allowance and had not begun distribution, including a cash out or single sum, he or she will become an Eligible Employee.  
An Eligible Employee excludes an employee who is a member of Local 1-2 and hired into the title of Provisional Customer Field Representative (“PCFR”).
1.49    Employee  means any individual who is employed by and a common law employee of the Company, an Employer, or an Affiliate or who is a Leased Employee.  An Employee means a person who is receiving compensation other than a pension, severance pay, a retainer, or fee under contract.
1.50    Employer or Employers  means one, more than one, or all, as the context so indicates, of CECONY, O&R, each CEI Affiliate, and each Affiliate to the extent that it has elected or elects, in the future, to participate in the Plan with the written consent of CECONY and Consolidated Edison, Inc.
1.51    ERISA  means the Employee Retirement Income Security Act of 1974, as amended from time to time.
1.52    Final Average Pay  means, for purposes of a CECONY Weekly Employee, the average of Annual Basic Straight-Time Compensation, calculated to the nearest whole dollar, for the sixty 


32


Exhibit  10.1.1



(60) consecutive calendar months, out of the last one hundred twenty (120) months of his or her Accredited Service which produce the highest average.
Effective for retirements on and after June 27, 2004, Final Average Pay means, for a CECONY Weekly Employee who is a member of Local 1-2 Weekly, the average of Annual Basic Straight-Time Compensation calculated to the nearest whole dollar for the forty eight (48) consecutive calendar months out of the last one hundred twenty (120) months of his or her Accredited Service which produce the highest average.
Effective for retirements after June 26, 2005, Final Average Pay means, for a CECONY Weekly Employee who is a member of Local 3 Weekly, other than a CECONY Local 3 Employee-1, the average of Annual Basic Straight-Time Compensation calculated to the nearest whole dollar for the forty eight (48) consecutive calendar months out of the last one hundred twenty (120) months of his or her Accredited Service which produce the highest average.
If a CECONY Weekly Employee has less than sixty (60) or for retirements on and after June 27, 2004, or for a CECONY Local 3, other than a CECONY Local 3 Employee-1, after June 26, 2005, forty eight (48), consecutive calendar months, Final Average Pay means the highest average of his or her Annual Basic Straight-Time Compensation during all months of Accredited Service.  
For (1) a Local 3 Weekly Employee, who has an effective retirement date after August 31, 1997 and before December 1, 2001, fifty percent (50%); (2) a Local 1-2 Weekly Employee who has an effective retirement date after November 30, 2000 one hundred percent (100%); and, (3) a Local 3  Employee who has an effective retirement date after November 30, 2001, one hundred percent (100%); of the aggregate amount of his or her pay attributable exclusively to Sunday premium pay and night shift and midnight shift differential premium pay during a calendar year shall be added to his or her Annual Basic Straight-Time Compensation to determine Final Average Pay only under the Final Average Pay pension benefit formula.  Solely for purposes of this Section, months of Accredited Service separated by a Break in Service shall be deemed consecutive.
1.53 Final Average Salary  means, for purposes of a CECONY Management Participant, the average of Annual Basic Straight-Time Compensation and the Annual Variable Pay Awards added together and each calculated to the nearest whole dollar.  Final Average Salary is determined based on the sixty (60) consecutive calendar months, or, effective for retirements on and after January 1, 2005, forty eight (48) consecutive calendar months in the last one hundred twenty (120) months of his or her Accredited Service which produce the highest average, or during all of the months of his or her Accredited Service if he or she has less than sixty (60), or 


33


Exhibit  10.1.1



for retirements on and after January 1, 2005, forty eight (48) consecutive calendar months, in the ten-year period ending on the CECONY Management Participant’s termination of employment during all months of Accredited Service which produce the highest average.  Solely for the purpose of this Section, months of Accredited Service separated by a Break in Service shall be deemed consecutive.  The determination of Final Average Salary shall be subject to the provisions of Code Section 401(a)(17).
1.54    FMLA  means the Family and Medical Leave Act of 1993, as amended from time to time.
1.55    Highly Compensated Employee  means any Employee, who, during the preceding Plan Year, received Code Section 415(c)(3) Compensation in excess of $100,000 for year 2006, adjusted by the cost-of-living adjustment, as defined in Code Section 415, and was in the “top paid group.”  An Employee will be in the “top-paid group” if he or she is one of the 20% highest paid Employees.
1.56    Hour of Service  means:
		
	a.
	Each hour for which the Employee is paid or entitled to payment for the performance of 


duties for the Company or an Affiliate.
		
	b.
	An Hour of Service also is each hour for which an Employee is paid, or entitled to 


payment, by the Company or an Affiliate on account of a period of time during which no duties are performed (irrespective of whether the employment relationship has terminated) due to vacation, holiday, illness, incapacity (including disability), layoff, jury duty, military duty or leave of absence.  Notwithstanding this subsection (b), no more than 501 Hours of Service are to be credited to an Employee on account of any single continuous period during which the Employee performs no duties (whether or not such period occurs in a single computation period).
		
	c.
	An hour for which an Employee is directly or indirectly paid, or entitled to payment, on 


account of a period during which no duties are performed is not required to be credited to the Employee if such payment is made or due under a plan maintained solely for the purpose of complying with applicable workers' compensation, or unemployment compensation or disability insurance laws.
		
	d.
	Hours of Service are not required to be credited for a payment which solely reimburses 


an Employee for medical or medically related expenses incurred by the Employee.  A payment shall be deemed to be made by or due from the Company or an Affiliate regardless of whether such payment is made by or due from the Company or an Affiliate directly, or indirectly through, among others, a trust fund, or insurer, to which the Company or an Affiliate contributes or pays premiums and regardless of whether contributions made or due to the trust fund, insurer or other 


34


Exhibit  10.1.1



entity are for the benefit of particular Employees or are on behalf of a group of Employees in the aggregate.
		
	e.
	An Hour of Service is each hour for which back pay, irrespective of mitigation of 


damages, is either awarded or agreed to by the Company or an Affiliate.  The same Hours of Service shall not be credited both under subsection (a) or subsection (b), as the case may be, and under this subsection (e).  Crediting of Hours of Service for back pay awarded or agreed to with respect to periods described in subsection (b) shall be subject to the limitations set forth in that paragraph.
		
	f.
	With regard to an Employee for whom a record of his or her Hours of Service is not 


maintained, (i) one day of employment equals 10 Hours of Service, (ii) one week of employment equals 45 Hours of Service, and (iii) one month of employment equals 190 Hours of Service.
		
	g.
	Hours of Service shall be determined and calculated in accordance and compliance with 


the Department of Labor Regulations set forth in 29 CFR 2530.  200b-2.
1.57    IRS Interest Rate  means the annual rate of interest on 30-year Treasury Securities as specified by the Commissioner of Internal Revenue for the second full calendar month preceding the applicable Stability Period.  Such second full calendar month preceding the applicable Stability Period shall be deemed the “Lookback Month.”  Effective January 1, 2001, for purposes of determining the interest credits that will be allocated to a Participant’s Cash Balance Account, the IRS Interest Rate means the annual rate of interest on 30-year Treasury Securities as specified by the Commissioner of Internal Revenue for the second full calendar month immediately preceding the calendar quarter in which the Interest Rate is credited.
The IRS Interest Rate is used for several purposes.  The Retirement Plan defines the IRS Interest Rate differently depending upon the way in which the IRS Interest Rate is used.
		
	a.
	For purposes of determining the Cash Balance Interest Crediting Rate, the IRS Interest 


Rate, effective January 1, 2008, means the annual rate of interest on 30-year Treasury Securities as specified by the Commissioner of the IRS for the second full calendar month immediately preceding the calendar quarter in which the Interest Rate is credited.  However, such annual interest crediting rate shall not be less than 3.00% or greater than 9.00%.  This IRS Interest Rate is also referred to as the Cash Balance Interest Crediting Rate.
		
	b.
	For purposes of calculating a Participant’s Pension Allowance in the form of a Level 


Income Option under Section 5.02(b)(6) or a Participant’s Pension Allowance in the form of a lump sum distribution under Section 5.02(c)(3), prior to January 1, 2008, the IRS Interest Rate means, the annual rate of interest on 30-year Treasury Securities as specified by the Commissioner of the IRS for the second full calendar month preceding the applicable Stability 


35


Exhibit  10.1.1



Period.  The second full calendar month preceding the applicable Stability Period is referred to as the “Look-back Month.”
		
	c.
	For purposes of calculating a Participant’s Pension Allowance in the form of a Level 


Income Option under Section 5.02(b)(6) or a Participant’s Pension Allowance in the form of a lump sum distribution under Section 5.02(c)(3), on or after January 1, 2008, and before January 1, 2009, the IRS Interest Rate means  the annual rate of interest on 30-year Treasury Securities as specified by the Commissioner of Internal Revenue for the Look-back Month.
		
	d.
	for purposes of calculating a CEI Participant’s Cash Balance Accrued Benefit (but not for 


the determination of the “applicable interest rate” used to project the Cash Balance Account) and for purposes of calculating a single life annuity which is the Actuarial Equivalent of the Cash Balance Account, on and after January 1, 2008, the IRS Interest Rate means the interest rate prescribed under Code Section 417(e)(3)(C) of the Code (as it reads effective on and after the first day of the 2008 Plan Year) for the Look-back Month.   
		
	e.
	For purposes of calculating the value of a Small Pension Allowance under Section 5.01(c)


(3), a Participant’s Pension Allowance in the form of a Level Income Option under Section 5.02(b)(6), or a Participant’s Pension Allowance in the form of a lump sum distribution under Section 5.02(c)(3), on or after January 1, 2009, the IRS Interest Rate means  the interest rate prescribed under Code Section 417(e)(3)(C) (as it reads effective on and after the first day of the 2008 Plan Year) for the Look-back Month.
1.58    IRS Mortality Table  means the mortality table prescribed by Secretary of the Treasury under Code Section 417(e)(3)(A)(ii)(I) as in effect on the first day of the applicable Stability Period.  The change to the mortality table stated in Revenue Ruling 2001 -62 will be effective, as stated in such Revenue Ruling, on the first day of the Plan Year beginning on January 1, 2002.  Thereafter, the IRS Mortality Table will be the table prescribed in Code Section 417(e).  
		
	a.
	On and after January 1, 2008, for purposes of calculating a Participant’s Cash Balance 


Accrued Benefit and for purposes of calculating a single life annuity which is the Actuarial Equivalent of the Cash Balance Account, the IRS Mortality Table is the mortality table prescribed under Section 417(e)(3)(B) of the Code (as it reads effective on and after the first day of the 2008 Plan Year) as in effect on the first day of the applicable Stability Period.
		
	b.
	On and after January 1, 2008, and before January 1, 2009, for purposes of calculating a 


Level Income Option under Section 5.02(b)(6) or a lump sum distribution under Section 5.02(c)(3), the IRS Mortality Table is the mortality table prescribed by Revenue Ruling 2001-62 as in effect on the first day of the applicable Stability Period.
		
	c.
	On and after January 1, 2009, for purposes of calculating the value of a Small Pension 




36


Exhibit  10.1.1



Allowance under Section 5.01(c)(3), a Level Income Option under Section 5.02(b)(6) or a lump sum distribution under Section 5.02(c)(3), the IRS Mortality Table is the mortality table prescribed under Section 417(e)(3)(B) of the Code (as it reads effective on and after the first day of the 2008 Plan Year) as in effect on the first day of the applicable Stability Period.  
1.59    Layoff  means an Employee’s separation from the active payroll of an Employer for lack of work or such other reason, in no way the fault of the Employee, as may be determined by the Employer.
1.60    Leased Employee  means any person performing services for the Company or an Affiliate as a leased employee as defined in Code Section 414(n).  In the case of any person who is a Leased Employee before or after a period of service as an Employee, the entire period during which he or she has performed services as a Leased Employee shall be counted for service as an Employee for all purposes of the Plan, except that he or she shall not, by reason of that status, become a Participant of the Plan or earn Accredited Service.  A Leased Employee is not an Eligible Employee, eligible Participant or eligible individual for purposes of participating in the Retirement Plan during and while a Leased Employee.  A Leased Employee is excluded from participation if employed in the capacity of an independent contractor or leased employee, even if such individual is subsequently determined to be a common law employee of an Employer, Affiliate or the Company.
Effective for Plan Years beginning after 1996, the Plan will apply the amended definition of a Leased Employee, as set forth in Code Section 414(n) and the Regulations, by deleting the term “...such services are of a type historically performed by Employees in the business field of the recipient...” to “...whose services are performed under the primary direction or control by the recipient....”
1.61    Limitation Year  means the calendar year.
1.62    Local 1-2  means Local Union Nos. 1-2 of the Utility Workers Union of America, AFL-CIO.
1.63    Local 3  means Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO.
1.64    Local 503  means Local Union No. 503 of the International Brotherhood of Electrical Workers, AFL-CIO.
1.65    Lump Sum Based Plan means a defined benefit plan under the terms of which the Accumulated Benefit of a Participant is expressed as the balance of a hypothetical account maintained for the Participant.  A Lump Sum Based Plan includes a Plan under which the 


37


Exhibit  10.1.1



accrued benefit under the terms of the Plan is calculated as the actuarial equivalent of such a hypothetical account balance.  
1.66    Lump Sum-Based Benefit Formula means a benefit formula used to determine all or any part of a CEI Participant's Accumulated Benefit under which the Accumulated Benefit provided under the formula is expressed as the current balance of a hypothetical account maintained for the CEI Participant.   The cash balance formula is a Lump Sum-Based Benefit Formula.  
1.67    Named Fiduciary(ies)  means the person or persons designated in accordance with Section 7.01 to serve as named fiduciaries, within the meaning of ERISA Section 4.02(a), with respect to the Retirement Plan.
Effective on and after February 15, 2012, reference to the term “Named Fiduciaries” means the “Named Fiduciaries Committee” unless reference is an individual or individuals serving as a Named Fiduciary of the Named Fiduciary Committee.   
1.68    Non-Suspendible Month  means a calendar month, beginning either on or after  a Participant's Normal Retirement Date or  a Participant has begun receiving a Pension Allowance, during which the Participant does not complete at least 40 Hours of Service, as the term "Hours of Service" is defined in 29 CFR 2530.200b-2(a)(1) and (2).
1.69    Normal Retirement Age  means an Eligible Employee’s 65th birthday or, if later, the fifth anniversary of the date he or she becomes a Participant.  Normal Retirement Age for an O&R Management Employee who was hired on or before December 31, 2000, or for an O&R Hourly Employee who was hired on or before December 31, 2009, means his or her 65th birthday.
1.70    Normal Retirement Date  means the first day of the calendar month immediately following an Employee’s Normal Retirement Age.  For an O&R Participant, Normal Retirement Date is the first day of the calendar month coincident with or next following his or her Normal Retirement Age.
1.71    O&R  means Orange and Rockland Utilities, Inc. and its affiliates, Rockland Electric Company and Pike County Light and Power Company.
1.72    O&R Austerity Period  means the period that begins on August 1, 2009 and ends on June 30, 2010.
1.73    O&R Early Retirement Date  means the date of an O&R Participant’s termination of employment from the Company or an Affiliate after the O&R Participant attains his or her 55th birthday and completes ten (10) years of Vesting Service.  Effective January 1, 2013, for an O&R Hourly Participant who has not attained age 50 on or before January 1, 2015, Early 


38


Exhibit  10.1.1



Retirement Date means termination of employment on or after attainment of age 60 and completion of ten (10) years of Vesting Service.  
1.74    O&R Employee  means an Employee employed by and on the active payroll of O&R.
1.75    O&R Hourly Employee  means an Employee who is employed by and on the active payroll of O&R and a member of Local 503.  Unless explicitly set forth otherwise, reference to an O&R Hourly Employee includes an O&R Hourly Employee-1.   Each O&R Hourly Employee who is hired or rehired on and after June 1, 2014, is not eligible to participate in the Retirement Plan.
1.76    O&R Hourly Employee-1  means an O&R Hourly Employee who is hired on or after January 1, 2005.  
1.77    O&R Management Employee  means an O&R Employee on the management payroll of O&R as of December 31, 2000.  On and after January 1, 2017, an O&R Management Employee hired on and after January 1, 2017, does not become an Eligible Employee.  O&R Participant  means an O&R Management Employee and an O&R Hourly Employee who have met the participation requirements of Section 2.01, and any former O&R Employee who, as of December 31, 2000, has a vested Pension Allowance in the O&R Retirement Plan.  O&R Participant does not include an O&R Hourly Employee hired on or after January 1, 2010.  An O&R Participant does not include a member of Local 503 hired on or after January 1, 2010, unless otherwise specifically stated.  A member of Local 503 hired on and after January 1, 2010, as an O&R Hourly Employee is covered by the cash balance formula and classified as a CEI Participant.  
1.79    O&R Plan  means the Employees’ Retirement Plan of Orange and Rockland Utilities, Inc. as in effect on December 31, 2000.
1.80    Parental Leave  means a period in which the Employee is absent from work immediately following his or her active employment because of the Employee’s pregnancy, the birth of the Employee’s child, the placement of a child with the Employee in connection with the adoption of that child by the Employee, or for purposes of caring for that child for a period beginning immediately following birth or placement.
1.81    Participant  means a CECONY Participant, O&R Participant, and a CEI Participant.
1.82    Pension Choice  means a one-time irrevocable election provided to a CEI Participant or an Eligible Employee.  If a CEI Participant, she or he may elect to remain covered under the Cash Balance Pension Formula in the Retirement Plan or to transfer to Defined Contribution Pension Formula in the Thrift Savings Plan.  If an Eligible Employee afforded an election, she or he may elect to be covered under the Cash Balance Pension Formula in the Retirement Plan or 


39


Exhibit  10.1.1



to transfer to Defined Contribution Pension Formula in the Thrift Savings Plan.   A CEI Participant who has a Pension Choice will be given a timed opportunity to transfer to the Defined Contribution Pension Formula.   
If she or he transfers to the Defined Contribution Pension Formula, her or his Cash Balance Account remains in the Retirement Plan. 
  Pension Allowance means a Participant’s accrued benefit or an Accumulated Benefit payable in the form of monthly payments (e.g., a single life annuity or a qualified joint and 50% survivor annuity) as provided in Article 5.  A Pension Allowance may be payable as a Normal Retirement Pension Allowance, an Early Retirement Pension Allowance, a Disability Pension Allowance or a Vested Pension Allowance.  If a Participant is deemed to elect a single sum payment, his or her Pension Allowance is a Cash Out or a Cash Balance Single Sum Payment, as the case may be.  
Plan means The Consolidated Edison Retirement Plan, as set forth in this document, and as amended from time to time.
1.83    Plan Administrator  means the person or persons designated by the Named Fiduciaries to administer and supervise the Retirement Plan as provided in Article 7.
1.84    Plan Year  means the calendar year.
1.85    Pre-Tax Contribution  means any pre-tax contributions to (a) a qualified “cash or deferred arrangement,” as defined in Code Section 401(k), (b) a “cafeteria Retirement plan,” as defined in Code Section 125, or (c) a “transportation reimbursement plan,” as defined in Code Section 132.
1.86    Prior Plan or Prior Plans  mean one or more of the CECONY Weekly Retirement Plan, the CECONY Management Plan or the O&R Retirement Plan, as in effect on December 31, 2000.
1.87    Provisional Customer Field Representative (“PCFR”)means an Employee who is a member of Local 1-2 and working as a Provisional Customer Field Representative.  The title “PCFR” is created by the 2016-2020 Collective Bargaining Contract between the Utility Workers Union of America, AFL-CIO, Local 1-2 and Consolidated Edison Company of New York, Inc.  A PCFR employee is not eligible to participate in the Retirement Plan.  If a PCFR employee is transferred into a position or title which is eligible to participate in the Retirement Plan, and she or he does become a Participant in the Retirement Plan, then, based on the classification and date of participating, she or he will earn accredited service used to calculate the pension benefit beginning on the earliest date following her or his transfer date.  Hours of service earned before the transfer count for vesting purposes only and are not taken into account for Accredited 


40


Exhibit  10.1.1



Service used to calculate the pension benefit.  
1.88    Rule of 75 Participant  means a CECONY Participant whose years of age and Accredited Service (each rounded to the nearest whole number) total at least 75 (“75 points”) on the Annuity Starting Date.
1.89    Rule of 85 Participant  means an O&R Participant whose years of age and Vesting Service (on the Plan Year measurement basis only) total at least 85 on the O&R Participant’s Early Retirement Date.
1.90    Severance means, for purposes of defining and determining what is and what is not included in Code Section 415(c) Compensation, a termination from the employment of all of the Employers, including an employer who is not a Participating Employer.  
1.91    Social Security Retirement Age  means age 65 for a Participant born before January 1, 1938; age 66 for a Participant born after December 31, 1937, and before January 1, 1955; and age 67 for a Participant born after December 31, 1954.
1.92    Social Security Taxable Wage Base  means the taxable wage base in effect under Section 230 of the Social Security Act at the beginning of the Plan Year in which occurs the Participant’s termination of employment from the Company or an Affiliate.
1.93    Spousal Consent  means written consent given by a Participant’s spouse to an election made by the Participant of a specified optional form of Pension Allowance or a designation of a specified Beneficiary as provided in Article 5.  Spousal Consent shall be duly witnessed by a notary public and shall acknowledge the effect on the spouse of the Participant’s election.  The requirement for Spousal Consent may be waived by the Plan Administrator in the event that the Participant establishes to the Plan Administrator’s satisfaction that he or she has no spouse that such spouse cannot be located, or under such other circumstances as may be permitted under applicable Treasury Department regulations.  Spousal Consent shall be applicable only to the particular spouse who provides such consent.  Spousal Consent shall be applicable only to the specific optional form of Pension Allowance elected or the specific Beneficiary designated pursuant thereto ,provided, however,  that only the spouse of an O&R Participant may expressly waive his or her  the right to consent to future changes.  
1.94    Stability Period  means the calendar month in which occurs the Annuity Starting Date for the distribution.  
		
	a.
	Effective January 1, 2009, Stability Period, for purposes of calculating the Level Income 


Option means the calendar year in which occurs the Annuity Starting Date for the Pension Allowance. 
		
	b.
	Effective January 1, 2009, Stability Period, for purposes of calculating a lump sum 




41


Exhibit  10.1.1



distribution under Section 5.02(c)(3), means the calendar month in which occurs the Annuity Starting Date for the distribution.
		
	c.
	Effective January 1, 2009, Stability Period, for purposes of calculating the amount of an 


annuity based on a Cash Balance Account, means the calendar quarter in which occurs the Annuity Starting Date for the benefit.
		
	d.
	Effective January 1, 2009, Stability Period, for purposes of calculating the value of a 


Small Pension Allowance under Section 5.01(c)(3), means the calendar year in which occurs the Annuity Starting Date for the benefit.
1.95    Surviving Domestic Partner  means the Participant’s Domestic Partner named and in a relationship with the Participant on the earlier of the death of the Participant or the date the Participant began his or her Pension Allowance.  A CECONY or CEI Participant who has 75 Points may name a Domestic Partner for coverage as a Surviving Domestic Partner under the Retiree Health Program.  
1.96    Surviving Spouse  
means, for a CECONY Participant or a CEI Participant, the lawful spouse married to the Participant on the Participant’s Annuity Starting Date.  Surviving Spouse means, for an O&R Participant, the lawful spouse who has been married to the Participant throughout the one-year period ending on the Annuity Starting Date and surviving at the O&R Participant’s date of death.
1.97    Total Salary  means the aggregate amount of Annual Compensation, of a CECONY Participant, for his or her years of Accredited Service, calculated to the nearest whole dollar, not to exceed the last 30 years of Accredited Service.  Total Salary equals the sum of a CECONY Participant’s Annual Compensation (1)  in the year of retirement and/or termination from employment, plus (2) in each of the 14 Plan Years before retirement and/or termination from employment, plus (3) Annual Compensation for each earlier year of Accredited Service, not to exceed 16 years, at the Annual Compensation rate for the 14th calendar year prior to the calendar year of his or her retirement and/or termination from employment (“Pivot Year Compensation”).
The CECONY Participant’s Pension Allowance for up to 30 years is then determined, as set forth in more detail in Appendix F, by applying 2.2% to the CECONY Participant’s Total Salary (the “Base Pension Allowance”).  For each month of Accredited Service in excess of 360 months of Accredited Service, the Base Pension Allowance shall be increased by an amount that is equal to .0125% per month of the Base Pension Allowance.
1.98    Trustee  means the trustee or trustees by whom the funds of the Plan are held, as provided in Article 8.


42


Exhibit  10.1.1



1.99    Transferred O&R Management Participant  means an Employee described in Appendix C of the Retirement Plan.
1.100    Vesting Service  means service recognized for purposes of determining a Participant’s non-forfeitable right to a Pension Allowance under the Plan.  Vesting Service is computed based on the Plan Year.
1.101    Year of Accredited Service  means 12 months of consecutive or non-consecutive Accredited Service.  A Participant earns or is credited with a month of Accredited Service for each month he or she is on an active payroll, receives Annual Compensation in that month, and is an Eligible Employee and a Participant in the Retirement Plan.
Effective January 1, 2017, each CECONY management employee, O&R management employee, or CEI Affiliate employee who is who is rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment, other than for an Approved Leave of Absence, on or after January 1, 2017, and has received or has begun to receive, in whole or in part, distribution of her or his Pension Allowance will not earn or have credited Years of Accredited Service on or after January 1, 2017 and future salary, pay, variable pay, or compensation increases, will not be taken into account.    












































43


Exhibit  10.1.1



Article II
Participation
2.01    Participation Requirements
		
	a.
	Each person who, on December 31, 2000, was a Participant in a Prior Retirement Plan 


shall continue to be a Participant in the Plan; provided however, he or she did not terminate employment, retire or have a break -in-service.  If a Participant received a Cash-Out or a Cash Balance Single -Sum Payment, at the time of receipt, he or she is no longer a Participant. 
		
	b.
	An Eligible Employee who is hired on or after December 31, 2000, and who is on the 


active management payroll of CECONY or O&R, becomes a CEI Participant as of the date he or she completes an Hour of Service.   
		
	c.
	An O&R Management Employee hired before January 1, 2001, and an O&R Hourly 


Employee hired before January 1, 2010 shall become a Participant on the first day of the month following the earlier of:
1.the first anniversary date of his or her employment if he or she completes 1,000 Hours of Service within the 12-month period measured from the date on which he or she first completes an Hour of Service; or
2.the end of the first Plan Year occurring immediately subsequent to the Plan Year in which he or she first completes an Hour of Service during which he or she completes 1,000 Hours of Service.
		
	d.
	Effective for Plan years beginning before January 1, 2010, a CECONY Weekly Employee 


who is a member of Local 1-2 or Local 3 becomes a CECONY Weekly Participant as of the date he or she first completes an Hour of Service; this continues for a CECONY Weekly Employee who is a member of Local 1-2.
		
	e.
	An O&R Hourly Employee who is hired on or after January 1, 2010, becomes a CEI 


Participant as of the date he or she completes an Hour of Service.
		
	f.
	A CECONY Weekly Employee who is a member of Local 3 and who is hired on or after 


January 1, 2010, becomes a CEI Participant as of the date he or she completes an Hour of Service.  
		
	g.
	A CECONY Weekly Employee who a member of Local 1-2 and who is hired on or after 


July 1, 2012, becomes a CEI Participant as of the date he or she completes an Hour of Service.
		
	h.
	Each CECONY Weekly Employee who: (i) is a member of Local 3; (ii) was hired on or 


after January 1, 2010, and before June 30, 2013; and (iii) is actively employed as of June 30, 2013 (“PC Participant”) will be given an opportunity to make a “Pension Choice (“PC”),” as set 


44


Exhibit  10.1.1



forth in Section 2.04.  The Pension Choice temporary program will end on December 31, 2015, and no further Pension Choices submitted by a PC Participant will be accepted after December 31, 2015.  
		
	i.
	Each O&R Hourly Employee who (i)  was hired on or after January 1, 2010, and before 


June 30, 2014, and was actively employed as of June 30, 2014 (“O&R PC Participant”) will be given an opportunity to make a PC as set forth in Section 2.04.  The Pension Choice temporary program will end on December 31, 2015, and no further Pension Choices submitted by an O&R PC Participant will be accepted after December 31, 2015.  
		
	j.
	Each O&R Hourly Employee who is hired on or after June 30, 2014, is not eligible to 


participate in the Retirement Plan.    
		
	k.
	Entry Closed - On November 17, 2016, the Board of Directors of CEI, the Board of 


Directors of O&R, and the Board of Trustees of CECONY have approved amending, effective January 1, 2017, the Plan to close entry into the Plan for each CECONY management employee, O&R management employee, or CEI Affiliate employee hired or after January 1, 2017.  Additionally, each CECONY management employee, O&R management employee, or CEI Affiliate employee, who is rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment, other than an Approved Leave of Absence, is not an Eligible Employee, not eligible to participate in the Retirement Plan, and does not become a Participant.  However, if a CECONY management employee, O&R management employee, or CEI Affiliate employee has an accrued vested Pension Allowance and deferred the distribution, in whole or in part, of his or her Pension Allowance, she or he may be entitled to reenter the Retirement Plan.  The closing of entry into the Retirement Plan is to be broadly interpreted and preempts and overrides any settlement agreements, judicial awards, conflicting language in the Plan or other document and all other actions that would otherwise contradict this provision.  If there is a question or conflict as to how to operate, administer, or interpret the closing of entry, the resolution is to favor closure.   


2.02    Events Affecting Participation
A Participant’s participation in the Retirement Plan shall end when he or she is no longer employed by an Employer, a Participating Employer, the Company or an Affiliate and not entitled to a vested Pension Allowance.  Participation also ends when he or she receives a Cash-Out or Cash Balance Single Sum Payment.  Participation shall continue while on an approved leave of absence or during a period while he or she is not an Eligible Employee but is in the employ of the Company.  Upon termination of employment or retirement, an Employee’s benefit shall be determined in accordance with the provisions of the Plan in effect on the date he or she ceases 


45


Exhibit  10.1.1



to be an Eligible Employee.  
Beginning on and after January 1, 2017, each CECONY Management Participant, O&R Management Participant, or CEI Affiliate Participant, who is hired, rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment, other than an Approved Leave of Absence, does not resume participation in the Retirement Plan.  However, if a CECONY Management Participant, O&R Management Participant, or CEI Affiliate Participant had a vested accrued Pension Allowance and deferred, in whole or in part, the distribution of his or her Pension Allowance, she or he may be entitled to reenter the Retirement Plan.


2.03    Participation Upon Reemployment
Soley for Plan Years beginning before January 1, 2017, if the participation of a CECONY Participant or a CEI Participant ends and he or she again becomes an Eligible Employee before Plan Years beginning January 1, 2017, without incurring a Break in Service, for purposes of determining eligibility to participate only, he or she shall again become a Participant as of his or her date of restoration to service as an Eligible Employee.  If an O&R Participant’s participation ends, and he or she again becomes an Eligible Employee, her or she shall not forfeit any benefits in which he or she was previously vested and he or she again becomes a Participant as of his or her date of restoration to service as an Eligible Employee once he or she has again met the participation requirements set forth in Section 2.01.  
2.04    Pension Choice For Pension Choice Participant Who is a Member of Local 503 or Local 3 
		
	a.
	The Pension Choice program provides a one-time opportunity for each (1) member of 


Local 3 who was hired by CECONY between January 1, 2010 and June 29, 2013 or (2) each member of Local 503 who was hired by O&R between January 1, 2010 and June 1, 2014 (in both cases, a “Pension Choice Participant” or a “PC Participant”) to make an irrevocable election to transfer out of the Cash Balance Pension Formula in the Retirement Plan and into the Defined Contribution Pension Formula as described in the Consolidated Edison Thrift Savings Plan (“Thrift Savings Plan”).  
		
	b.
	Each member of Local 3 who was hired by CECONY on or after June 30, 2013, is a PC 


Participant and may make an irrevocable election to have his or her pension determined under the Cash Balance Pension Formula in the Retirement Plan or the Defined Contribution Pension Formula.  
		
	c.
	The election period for a PC Participant will begin no later than January 1, 2014, for a 




46


Exhibit  10.1.1



member of Local 3 or January 1, 2015, for a member of Local 503, and, in both cases, will end on December 31, 2015 (“PC Election Period”).  Beginning on and after January 1, 2016, the Pension Choice will end for a PC Participant and no new elections will be accepted.   
		
	d.
	If a PC Participant elects to transfer out of the Cash Balance Pension Formula and into 


the Defined Contribution Pension Formula during the first two months of a calendar quarter, he or she will cease active participation in the Retirement Plan as of the last day of that calendar quarter.  However, if he or she submitted an election form after the second month of the calendar quarter, he or she will cease participation in the Retirement Plan as of the last day of the next following calendar quarter.  His or her last day of active participation in the Retirement Plan will be the last day of the calendar quarter immediately preceding the first day of the calendar quarter in which he or she becomes covered under the Defined Contribution Pension Formula (“Transfer Date”).  In no event, will a PC Participant be credited with service under both the Cash Balance Pension Formula and the Defined Contribution Pension Formula.  
		
	e.
	If a PC Participant is married and makes an election to transfer out of the Cash Balance 


Pension Formula, his or her spouse must consent in writing to the transfer on the election form submitted by the PC Participant. 
		
	f.
	A PC Participant who takes no action during the PC Election Period will remain in the 


Cash Balance Pension Formula.   
		
	g.
	As of the Transfer Date, a PC Participant who elects to transfer out of the Cash Balance 


Pension Formula will have no additional future compensation credits credited to his or her Cash Balance Pension benefit. 
		
	h.
	As of his or her Transfer Date, the PC Participant will continue to receive only interest 


credits to his or her Cash Balance Pension benefit until the date that he or she begins distribution from the Retirement Plan.  An O&R PC Participant who elects to transfer, as of the date of his or her transfer, will receive an interest credit based on 30-year U.S. Treasury bonds, subject to a minimum floor of 4% and a maximum ceiling of 9% on his or her Cash Balance Pension benefit accrued to date.
2.05    Pension Choice For Newly Hired or Rehired CECONY Weekly Employee Who is a Member of Local 3 
		
	a.
	Each CECONY Weekly Employee who is a member of Local 3 and is hired on or after 


June 30, 2013 will be given a “Pension Choice,” election as soon as administratively practicable after being hired and will have up to 60 days to make a one-time irrevocable election to be covered under the Cash Balance Pension Formula in the Retirement Plan.  If he or she elects to be covered under the Cash Balance Pension Formula in the Retirement Plan, he or she will be 


47


Exhibit  10.1.1



subject to the same terms and conditions as a CECONY Weekly Participant who is a member of Local 3 covered under the Cash Balance Pension Formula.  Such individual will not be given another Pension Choice.
		
	b.
	Beginning as of July 1, 2013, participation in the Retirement Plan for a newly hired (or 


rehired) CECONY Weekly Employee who is a member of Local 3 is limited to such person who makes an affirmative Pension Choice election to participate in the Cash Balance Pension Formula.
		
	c.
	If a Local 3 member affirmatively elects to participate in the Cash Balance Pension 


Formula, he or she will receive service credit under the Cash Balance Pension Formula beginning on his or her hire date.  
		
	d.
	Special Treatment for a CECONY Weekly Employee, who is a member of Local 3, was 


not actively employed on June 30, 2013, and is rehired on or after June 30, 2013, will be treated as follows: 
		
	1.
	If, prior to his or her rehire date, he or she took a Cash Out or Single Sum Lump Sum 


Payment, he or she will be given a Pension Choice. If he or she elects to participate in the Cash Balance Pension Formula, he or she will be given past service credit for vesting purposes only but not for determining the applicable compensation accrual rate.
		
	2.
	If, prior to his or her rehire date, he or she was covered under the Final Average Pay


or Total Salary Pension Formula, and he or she did not take a Cash Out or Single Sum Lump Sum Payment, upon his or her rehire date, he or she will commence participation under the formula under which he or she previously was covered.  


2.06    Pension Choice for a CECONY Weekly Employee Who is a Member of Local 1-2 and Covered under the Cash Balance Pension Formula
		
	a.
	Effective January 1, 2017, a Pension Choice, will be given to a CECONY Weekly 


Employee who is a member of Local 1-2 and as of June 25, 2016, is covered under the Cash Balance Pension Formula in the Retirement Plan.
		
	b.
	The CECONY Weekly Employee who is a member of Local 1-2, hired between July 1, 


2012, and June 25, 2016, and covered under the Cash Balance Pension Formula in the Retirement Plan (“CEI Participant”) will be given a one-time opportunity to make an irrevocable election to transfer out of the Retirement Plan and into the Defined Contribution Pension Formula in the Consolidated Edison Thrift Savings Plan.  The Defined Contribution Pension Formula is described in the Thrift Savings Plan.  
		
	c.
	The election period for this CEI Participant will begin as soon as administratively 




48


Exhibit  10.1.1



practicable, subject to statutory requirements, but no later than January 1, 2017, and will end on June 20, 2020.  The CEI Participant may make her or his election at any time during this election period.  
		
	d.
	If this CEI Participant elects to transfer out of the Retirement Plan and into the Defined 


Contribution Pension Formula, his or her active participation in the Retirement Plan will terminate at the end of the calendar quarter in which he or she submits his or her election form.
		
	e.
	This election by this CEI Participant to transfer out of the Retirement Plan is irrevocable 


and remains in effect for as long as he or she is a member of the Local 1-2 bargaining unit.  A new election is not available if the CEI Participant is rehired, returning to or reinstated following any break in service or termination of employment or transfers to another bargaining unit or to management.  
		
	f.
	This CEI Participant will begin participation in the Defined Contribution Pension Formula 


on the first day of the calendar quarter immediately following the end of the calendar quarter in which he or she submitted the election form.
		
	g.
	This CEI Participant who makes an election to terminate active participation in the 


Retirement Plan will receive no additional compensation credits to his or her Cash Balance Pension benefit in the Retirement Plan.  His or her Cash Balance Pension benefit remains in the Retirement Plan and will not be transferred to the Thrift Savings Plan.
		
	h.
	Such CEI Participant who makes an election to terminate active participation in the 


Retirement Plan will continue to receive quarterly interest credits on his or her Cash Balance Pension benefit until the date that he or she begins distribution of his or her Cash Balance Pension benefit from the Retirement Plan.
		
	i.
	All CEI Participants will be provided an election form and education materials on their


pension benefit options by the Company in order to evaluate their elections.
2.07    Pension Choice for a CECONY Weekly Employee Who is a Member of Local 1-2 and Hired On or After June 26, 2016
		
	a.
	Each CECONY Weekly Employee who is a member of Local 1-2 and hired on or after 


June 26, 2016, will be given a one-time opportunity to make an irrevocable election to be covered under either the Cash Balance Pension Formula in the Retirement Plan or the Defined Contribution Pension Formula in the Thrift Savings Plan.  A PCFR is not eligible to participate in the Retirement Plan.
		
	b.
	The election period for such CECONY Weekly Employee will begin on his or her date of 


hire and will end 60 days after his or her date of hire.
		
	c.
	If such CECONY Weekly Employee fails to make a timely election, he or she will be 




49


Exhibit  10.1.1



deemed to have made an irrevocable election to be covered under the Defined Contribution Pension Formula and he or she will not be given another Pension Choice Election.
		
	d.
	This election is irrevocable and remains in effect for as long as heor she is a member of 


the Local 1-2 bargaining unit.  A new election is not available if such Participant is rehired or reinstated following any break in service or termination of employment or transfers to another bargaining unit or to management.
2.08    Pension Choice for CEI Participant Who is A CECONY or O&R Management Employee Covered under the Cash Balance Pension Formula
		
	a.
	Effective July 1, 2017, a Pension Choice will be given to each CEI Participant who is a 


CECONY Management Employee, an O&R Management Employee, or an Employee of a CEI Affiliate, including an employee of Con Edison Transmission, Inc. (for this Subsection 2.08, each CEI Participant who is a CECONY Management Employee, an O&R Management Employee, or an Employee of a CEI Affiliate is referred to as a “Management CEI Participant”) covered under the Cash Balance Pension Formula.  
		
	b.
	Each Management CEI Participant will be given a one-time opportunity to make an 


irrevocable election to transfer out of the Retirement Plan and into the Defined Contribution Pension Formula in the Consolidated Edison Thrift Savings Plan.  The Defined Contribution Pension Formula is described in the Thrift Savings Plan.  
		
	c.
	The election period for a Management CEI Participant will begin as soon as 


administratively practicable, subject to statutory requirements, but no later than June 1, 2017, and will end on December 31, 2021.  Each Management CEI Participant may make her or his election at any time during this election period.  
		
	d.
	If a Management CEI Participant elects to transfer out of the Retirement Plan and into the 


Defined Contribution Pension Formula, his or her active participation in the Retirement Plan will terminate at the end of the calendar quarter in which he or she submits his or her election form.
		
	e.
	This election by a Management CEI Participant to transfer out of the Retirement Plan is 


irrevocable and remains in effect for as long as he or she is an Employee, Eligible Employee, or providing services to CEI or any Affiliate.  A new election is not available if the Management CEI Participant is rehired or reinstated following any break in service or termination of employment.
		
	f.
	The Management CEI Participant will begin participation in the Defined Contribution 


Pension Formula on the first day of the calendar quarter immediately following the end of the calendar quarter in which he or she submitted the election form or as soon as administratively practicable.0020
		
	g.
	A Management CEI Participant who makes an election to terminate active participation in 




50


Exhibit  10.1.1



the Retirement Plan will receive no additional compensation credits to his or her Cash Balance Pension benefit in the Retirement Plan.  His or her Cash Balance Pension benefit remains in the Retirement Plan and will not be transferred to the Thrift Savings Plan.
		
	h.
	A Management CEI Participant who makes an election to terminate active participation in 


the Retirement Plan will continue to receive quarterly interest credits on his or her Cash Balance Pension benefit until the date that he or she begins distribution of his or her Cash Balance Pension benefit from the Retirement Plan.


2.09    Pension Choice Irrevocable 
		
	a.
	Each Participant, including without exception, each member of Local 1-2, Local 3, Local 


503, a Management CEI Participant, a former actively employed individual, or an individual who is employed by a CEI Affiliate, who makes an election to transfer, or fails to make an election and is defaulted, to the Defined Contribution Pension Formula, does so knowingly and voluntarily, without coercion, or any direct, or indirect influence by the Employer or the Company.  Each individual has been given reasonable time and relevant information to make an election.   To the full extent permitted, in no event will a court order, arbitration agreement, settlement agreement, judicial order,  or agreement of any sort, have the effect of overriding or reversing the decision to transfer out of the Retirement Plan.  The decision to transfer is irrevocable and he or she will no longer be eligible in the future to enter or reenter into the Retirement Plan. 




51


Exhibit  10.1.1



2.09    PENSION CHOICE  
As of January 1, 2017, the following chart summaries which Participant Group has a Pension Choice election and the time period in which such Participant Group may exercise such Pension Choice election:
	
				
	 
	Participant Group
	Date 
Pension Choice Begins 
	Date 
Pension Choice Ends 

	 
	 
	 
	 

	1.
	Local 3 - 
Each Local 3 member hired before June 30, 2013, and covered under the Cash
Balance Formula 
	No later than January 1, 2014
	December 31, 2015

	 
	 
	 
	 

	2.
	Local 3 - 
Each Local 3 member hired on or after June 30, 2013
	Date of hire 
	60 days after date of hire

	 
	 
	 
	 

	3.
	Local 503 - 
Each member of Local 503 hired on or after January 1, 2010, and covered under the Cash Balance formula
	January 1, 2015, end 
	December 31, 2015

	 
	 
	 
	 

	4.
	Local 1-2 - 
Each member of Local 1-2, hired between July 1, 2012, and June 25, 2016, and covered under the Cash Balance Pension Formula 
	No later than January 1, 2017
	June 20, 2020

	 
	 
	 
	 

	5.
	Local 1-2 - 
Each member of Local 1-2, hired on or after June 25, 2016
	Date of hire
	60 days after date of hire

	 
	 
	 
	 

	6
	CECONY or O&R Management Employees or CEI Affiliate Employees-
Each CECONY, O&R management employee or hired on or after January 1, 2001 and covered under the Cash Balance Pension formula 
	June 1, 2017
	December 31, 2021

	 
	 
	 
	 


































52


Exhibit  10.1.1





Article III 
Service


3.01 Vesting Service 
		
	a.
	Special Vesting Rules


1.Vesting Service credited to an Employee under a Prior Retirement Plan as of December 31, 2000, shall be credited as Vesting Service under this Retirement Plan.  Vesting Service shall not include any service that would have been disregarded under the break in service provisions of the Employee’s Prior Plan.
2.Effective on the specific date set forth below, each of the following Participants shall be 100% vested in and have a nonforfeitable right to his or her Pension Allowance.
		
	i.
	Pursuant to the “change in control” provision in the O&R Retirement Plan, only each O&R Participant who was on the payroll of O&R on August 20, 1998, (the date the shareholders of O&R approved the acquisition of O&R by the Company) shall be 100% vested as of August 20, 1998;


		
	ii.
	Each “CECONY Participant at Divested Operations,” as defined in Appendix H, shall be 100% vested as described in Appendix H;


		
	iii.
	Each “Affected IP Employee,” as defined in Appendix J, shall be 100% vested on the date of the closing of the sale of Indian Point; and


		
	iv.
	Each Lakewood Participant, Ocean Peaking/Rock Springs Participant, or WMECO Participant who is actively employed on May 8, 2008, shall be 100% vested on that date.


		
	b.
	General Vesting Rules


1.Effective on and after January 1, 2001, except as otherwise provided in the Retirement Plan, Vesting Service begins on the date the Employee first completes an Hour of Service and ends on the Employee’s termination of employment from the Company or an Affiliate. Unless explicitly set forth otherwise, each CECONY Participant, O&R Participant and CEI Participant will be 100% fully vested after five (5) years of vesting service.   Beginning on January 1, 2008, a CEI Participant or any other Participant covered by the cash balance formula who has at least one Hour of Service credited on or after January 1, 2008, will be 100% fully vested after three years of Vesting Service.  
2.A Participant, other than an O&R Participant, will be credited with a Year of Vesting 


53


Exhibit  10.1.1



Service in each Plan Year in which he or she is credited with 1000 Hours of Service or six months of service.  An O&R Participant shall be credited with a year of Vesting Service in each Plan Year in which he or she is credited with 1000 Hours of Service.  In determining an Employee’s years of Vesting Service, if it should result in a grant of Vesting Service more favorable to the Employee, the equivalencies for determining Hours of Service shall be used, provided that such equivalencies are consistently applied.
3.An O&R Management Employee hired on or after August 20, 1998 and an O&R Hourly Employee who completes 1000 Hours of Service during the 12 months commencing with the month in which he or she first completes an Hour of Service and also during the Plan Year following the Plan Year in which he or she completed his or her first Hour of Service, shall be credited with two years of Vesting Service as of the end of the Plan Year following the Plan Year in which he or she completed his or her first Hour of Service.
		
	c.
	Break in Service Rules


1.Solely for purposes of determining if a Break in Service for participation and vesting purposes has occurred, an Employee who is absent from work because of Parental Leave or a leave under the FMLA shall receive credit for the number of Hours of Service that the Employee would normally have received but for such absence, or where such Hours cannot be determined, eight (8) Hours of Service for each day of absence, subject to a maximum of 501 Hours of Service for any one such absence.  The Hours of Service will be credited to the Plan Year in which the absence began if the Employee would otherwise incur a Break in Service in such Plan Year, or if not, in the immediately following Plan Year.  In order to receive Hours of Service credit for such absence, the Employee shall be required to provide such information or certification as to the nature of the absence as may be required by the Plan Administrator.
		
	d.
	Uniformed Service Credit


1.Notwithstanding any provision of this Plan to the contrary, contributions, benefits, and service credit with respect to qualified military service will be provided in accordance with Code Section 414(u).  If an Employee is absent because of service in the uniformed services of the United States and if he or she has returned to the service of the Company or an Affiliate or applied to return while his or her reemployment rights were protected by law, then, in that event, that absence shall not count as a Break in Service, but instead shall be counted as Vesting Service to the extent required by law.


54


Exhibit  10.1.1



		
	e.
	Leave of Absence


1.A period of absence due to a paid sick leave granted by the Company or an Affiliate, other than O&R, and one period up to a maximum of six months during a Participant’s aggregate period of employment with the Company or an Affiliate, during which a Participant is on an approved leave of absence granted for any other reason will be considered Vesting Service.
2.The first six months of a Parental Leave or an FMLA Leave for maternity or paternity reasons will constitute Vesting Service if the Participant returns to active employment for a period equal to the lesser of (i) the Parental Leave or FMLA Leave or (ii) six months.
3.O&R shall credit an Approved Leave of Absence as Vesting Service, provided that upon conclusion of such “Approved Leave of Absence,” the O&R Participant returns to employment with O&R or an Affiliate or is eligible to retire on a Normal Retirement Date or an Early Retirement Date.
3.02    Accredited Service
		
	a.
	Accredited Service and Credited Service credited to a Participant under a Prior


Retirement Plan as of December 31, 2000, shall be treated as Accredited Service under this Plan; provided, however, she or he did not receive a Cash-Out or a Cash-Balance Single Sum Payment.  Accredited Service shall not include any service that would have been disregarded under the provisions of the applicable Prior Retirement Plan.  Accredited Service is the “unit” used to determine a Participant’s accrued benefit, Pension Allowance or Accumulated Benefit.
		
	b.
	Except as provided below, only active service with and on the active payroll of an 


Employer as an Eligible Employee and Participant, shall be Accredited Service under the Retirement Plan.  Subject to the provisions below, a period between a Break in Service and a reemployment date, whether or not counted as Vesting Service, shall not be counted as Accredited Service.  A Participant who has five years of Vesting Service or who becomes 100% vested, on account of operation of another vesting provision in the Retirement Plan, will receive Accredited Service for all of his or her years and months of active service (e.g., service while actively employed and on the active payroll) after becoming fully vested regardless of a subsequent Break in Service.  If a Participant has a Severance or termination of employment, elects to receive a Cash Out or a Cash Balance Single Sum Payment, and is subsequently rehired, in accordance with the Department of Labor rules against the double crediting of Hours of Service, he or she will not be credited with prior Accredited Service.


55


Exhibit  10.1.1



		
	c.
	Accredited Service shall include, to the extent required by law, any period of absence 


from service with the Company or an Affiliate due to a period of service in the uniformed services of the United States which is counted in a Participant’s Vesting Service as provided in Section 3.01(b).  The Participant shall be deemed to have earned Annual Compensation during the period of absence at the rate he or she would have received had he or she remained employed as an Eligible Employee for that period or if such rate is not reasonably certain, on the basis of the Participant’s rate of compensation during the 12-month period immediately preceding such period of absence (or if shorter, the period of employment immediately preceding such period).
		
	d.
	Accredited Service for a CECONY Participant shall include a period of absence due to a  


paid sick leave granted by CECONY.  Effective July 1, 1996, Accredited Service for a CECONY Participant and a CEI Participant shall include one period, of up to a maximum of six months, during which a CECONY Participant or a CEI Participant is on an approved leave of absence granted for any reason other than sick leave.  The first six months of such a Parental Leave or an FMLA leave granted for maternity or paternity reasons shall constitute Accredited Service, if the Participant returns to active employment for a period equal to the lesser of (i) the Parental Leave or FMLA Leave or (ii) six months.
		
	e.
	Unless otherwise explicitly set forth in the Retirement Plan, Accredited Service shall not 


be credited for any period in which a Participant is not actively employed as an Eligible Employee.  Any person who enters into a written contract that provides that he or she is an independent contractor and not an Employee, and waives participation in the Plan, shall not receive any Accredited Service for the period such written contract is in effect.
		
	f.
	An O&R Participant who has less than the normal number of Hours of Service for full-


time employment in the first Plan Year of participation and in the Plan Year in which employment terminates, the fraction of each such Plan Year that will be recognized for Accredited Service shall not be less than the fraction, the numerator of what is the number of Hours of Service as a Participant and the denominator of which is the normal number of Hours of Service in a Plan Year for normal employment.
		
	g.
	Union Officer Service for O&R Hourly Participant.  To the extent not already counted as 


Vesting Service and Accredited Service above--
1.The local union President of the union at O&R who on or after January 1, 1983 is absent from work at O&R without pay for proper union business, who would otherwise have been scheduled to work, with proper notification to O&R, shall be entitled to both Vesting Service and Accredited Service at the rate of eight (8) hours per day or 40 hours 


56


Exhibit  10.1.1



per week, not to exceed 100 days per calendar year for such periods of absence.
2.The local union Vice Presidents, Recording Secretaries, Financial Secretaries, Treasurers and the Unit Chairman, Unit Vice Chairman and Unit Recorder at O&R who on or after January 1, 1983 are absent from work, without pay for proper union business, who would otherwise have been scheduled to work, with proper notification to O&R, shall be entitled to both Vesting Service and Accredited Service at the rate of eight (8) hours per day or 40 hours per week, not to exceed 40 days per calendar year for such periods of absence.
3.Any other bargaining unit member at O&R who on or after January 1, 1983 is absent from work without pay and who is participating in a recognized O&R-union activity, with proper notification to O&R, shall be entitled to both Vesting Service and Accredited Service at the rate of eight (8) hours per day or 40 hours per week, not to exceed five (5) days per calendar year for such periods of absence.
3.03    Re-employment of Participant-Suspension of Benefits and Break in Service Rules
		
	a.
	Beginning on and after January 1, 2017, the Retirement Plan has been closed to each 


CECONY management employee, O&R management employee, and CEI Affiliate employee hired on and after January 1, 2017 without regard to whether she or he is an Employee.   
		
	b.
	Beginning on and after January 1, 2017, any Participant who is a CECONY management 


employee, O&R management employee, or CEI Affiliate employee and has taken a distribution or commenced a payment, in whole or in part, of his or her Pension Allowance and is rehired, reinstated, reemployed, resumes, or otherwise returns to employment after a break in employment on or after January 1, 2017 will not be eligible to participate in the Retirement Plan.  Service earned or accrued on and after January 1, 2017, will not be taken into account under the Retirement Plan.  The Suspension of Benefits rule will continue to be effective.
		
	c.
	Suspension of Benefits  Effective January 1, 2001, any Participant who is receiving or 


received a Pension Allowance, including a Cash Out or a Cash Balance Single Sum, and restored to active service on the active payroll with the Company or an Affiliate as an Employee, whether or not as an Eligible Employee, or is providing services to the Company shall have the following apply:


57


Exhibit  10.1.1



		
	1.
	The Participant’s Pension Allowance shall be suspended for each month in which the Participant completes at least 40 Hours of Service.


		
	2.
	Any Vesting Service to which the Participant was entitled when he or she retired or terminated service shall be restored to him or her.


		
	3.
	This subsection is applicable before Plan Year January 1, 2017; the rules have changed significantly for Plan Years beginning on and after January 1, 2017.  For Plan Years beginning before January 1, 2017, if the Participant is employed by an Employer as an Eligible Employee, upon later retirement or termination, he or she may be entitled to an additional Pension Allowance based on his or her initial benefit formula applicable to the Participant prior to re-employment and his or her Annual Compensation and Accredited Service credited to the person under the provisions in the Plan beginning after his or her re-employment date.  The additional Pension Allowance, if any, shall be equal to the greater of:


		
	i.
	an amount determined in accordance with the benefit formula (taking into account any changes to that particular formula that may have occurred with the passage of time) applicable to the re-employed Participant as if the Participant’s date of re-employment were his or her first day of employment as an Eligible Employee.  His or her Accredited Service prior to the date of re-employment shall not be taken into account in determining his or her number of Years of Accredited Service but shall be taken into account in determining the applicable percentage of the Participant’s Final Average Salary or the Participant’s Annual Compensation; or


		
	ii.
	an amount equal to the excess, if any, of (I) a Pension Allowance determined in accordance with the applicable benefit formula (taking into account any changes to that particular formula that may have occurred with the passage of time) on the basis of his or her Accredited Service and Final Average Salary or Annual Compensation, each aggregated to include the periods before and after the date of restoration to service, over (II) the “Offset Amount,” as defined herein.  The Offset Amount is the Pension Allowance payments received prior to his or her re-employment and, if applicable, during the period of reemployment, converted into an annuity based on the IRS Mortality Table and the Adjusted IRS Interest Rate applicable to the Participant.






58


Exhibit  10.1.1



		
	4.
	The additional Pension Allowance shall be payable under any of the optional forms described in Article V, as elected by the Participant in accordance with Article V, regardless of the optional form in which the Pension Allowance that commenced prior to his or her reemployment is/was payable.


		
	5.
	A Participant whose Pension Allowance is suspended in accordance with this Section 3.03 shall be provided with notice that his or her Pension Allowance is being suspended in accordance with the provisions of the Department of Labor Regulations Section 2530.203-3.


		
	d.
	Re-employment Without Break in Service For Plan Years beginning before January 1, 


2017, if either a Participant with a deferred vested Pension Allowance, a former non-vested Participant, or an Employee who was never a Participant, is re-employed without having a Break in Service, his or her participation date, Vesting Service and Accredited Service shall be determined as provided in Sections 2.01, 3.01 and 3.02, respectively.  If a former Participant received a Cash Out or a Cash Balance Single Sum, the Accredited Service to which he or she was entitled at the time of his or her termination of service shall be restored to him or her only in accordance with the provisions of Section 3.03(c).  Upon subsequent retirement, the Pension Allowance of a Participant whose Accredited Service has been restored pursuant to this subparagraph shall never be less than that which was accrued under the Plan through the date of prior termination.
Re-employment After Break in Service  For Plan Years beginning before January 1, 2017, if a CECONY Participant with a deferred vested Pension Allowance or a former CECONY Participant who received a Cash Out, is restored to active service as an Eligible CECONY Employee, after having had a Break in Service, the following shall apply:
		
	1.
	The Vesting Service to which he or she was previously entitled shall be restored to him or her.


		
	2.
	Effective on or before Plan Years beginning before December 31, 2012, any Accredited Service to which the CECONY Participant was entitled at the time of his or her termination of service shall be restored to him or her; provided, however, that in the case of a CECONY Participant who received a Cash Out, the CECONY Participant repays the amount of the Cash Out or a Cash Balance single sum payment, if any, received upon his or her initial termination of service, together with interest on that amount at the rate prescribed by Code Section 411(a)(7)(C), to the date of repayment.


		
	3.
	Effective on and after January 1, 2013, a CECONY Participant who terminates 




59


Exhibit  10.1.1



employment on, before, or after January 1, 2013, receives a Cash Out, including a cash out -single sum payment of his or her Cash Balance Account, and is restored to active service, or a CECONY Participant who terminated employment before January 1, 2013, received a Cash Out, and is restored to active service after January 1, 2013, will not be entitled to repay his or her Cash Out or single sum, regardless of when he or she received his or her Cash Out, and will not have his or her prior Credited or Accredited Service attributed to the Cash Out restored.  
		
	4.
	Upon later termination or retirement of a CECONY Participant whose previous Accredited Service has been restored under this Section 3.03(c), his or her Pension Allowance will be calculated as if he or she had no break in service and based on the applicable benefit formula (taking into account any changes to that particular formula that may have occurred with the passage of time) for the re-employed CECONY Participant and his or her total Annual Compensation and Accredited Service while an Eligible CECONY Employee.


		
	5.
	Effective on and after January 1, 2016, a CECONY Participant who terminated employment before January 1, 2013, received a Cash Out or Cash Balance Single Sum Payment (together “Cash Out”), and was restored to active service before January 1, 2013, will be given until December 31, 2018 to repay her or his Cash Out.  If she or he does not repay her or his Cash Out, with interest, by December 31, 2018, she or he will lose and forfeit forever the right to repay.  She or he will never be entitled to have restored her or his prior Credited Service attributed to the Cash Out.  


		
	e.
	Re-employment of Non-vested Participant After Break in Service  Effective for Plan Years 


beginning before January 1, 2017, if a former non-vested Participant is restored to service as an Eligible Employee or an Employee, after having had a Break in Service, the following shall apply:
1.If he or she is re-employed as an Eligible Employee, he or she shall again become a Participant as of his or her date of restoration to service as an Eligible Employee.
2.Upon his or her restoration to participation, the Vesting Service to which he or she was previously entitled shall be restored to him or her, if his or her period of Break in Service does not exceed five years, determined at the time of the Break in Service, excluding any Vesting Service disregarded by reason of any earlier Break in Service.
3.Any Accredited Service to which the Participant was entitled at the time of his or 


60


Exhibit  10.1.1



her termination of service which is included in the Vesting Service, so restored, shall be restored to him or her.
4.Upon later termination or retirement of a Participant whose previous Accredited Service has been restored, his or her Pension Allowance, if any, shall be based on the applicable benefit formula in effect at such later termination or retirement, and not on the prior formula in effect at the Participant’s just date of employment, and his or her total Annual Compensation and Accredited Service while in the service of an Employer as an Eligible Employee.
		
	f.
	Re-employment of Former Employee After Break in Service  If an Employee who was 


never a Participant is restored to service with the Company or an Affiliate, after having had a Break in Service, the Vesting Service to which he or she was previously entitled shall be restored to him or her, if his or her period of Break in Service does not exceed five years, excluding any Vesting Service disregarded by reason of any earlier Break in Service.
3.04    Suspension of Benefit Exception for Certain Persons Who Are in Pay Status under the Retirement Plan and Who Provide Temporary Emergency Services
a.In General:  This Section 3.04 provides a very limited exception to the general suspension of benefit rule; that is, the general rule that a Participant who is providing services for the Company, an Employer, or an Affiliate will have his or her Pension Allowance suspended for each month in which he or she works 40 or more hours.
b.Effective July 1, 2012:  Notwithstanding the general suspension of benefits rule set forth in Section 3.03, a Participant shall not have his or her Pension Allowance suspended for any month during which he or she is providing Temporary Emergency Services (as defined in (c) below) to the Company, an Employer, or an Affiliate regardless of the number of hours of service he or she renders in that month.
c.Temporary Emergency Services means services performed by an Employee or an individual, on a limited and infrequent basis that result from the Company’s, Employer’s or Affiliate’s need to have additional workers because of one or more of the following Temporary Emergency situations:
		
	i.
	An impending or actual work stoppage, lock-out, strike, or similar action by a labor organization representing employees of the Company, Employer or Affiliate; or


		
	ii.
	A storm emergency, heat event, or similar weather-related condition that significantly impacts the Company’s, the Employer’s or the Affiliate’s ability to provide utility service to its customers, or




61


Exhibit  10.1.1



		
	iii.
	An unforeseen or unanticipated absence of a key experienced instructor at the Learning Center of up to, but not to exceed six months.


d.The exception in this Section 3.04 shall cease to apply as of the end of the month in which the Temporary Emergency Services are no longer needed.






























































62


Exhibit  10.1.1





Article IV
Eligibility for and Amount of Benefits
4.01    Normal Retirement
The right of a Participant to a normal retirement Pension Allowance will be 100% fully vested and non-forfeitable as of his or her Normal Retirement Age. A Participant who has attained Normal Retirement Age may retire from service and receive a normal retirement Pension Allowance beginning on his or her Normal Retirement Date. An O&R Participant whose Normal Retirement Age is coincident with the first day of a calendar month may retire from service and receive a Normal Retirement Pension Allowance on the first day of the calendar month in which his or her Normal Retirement Age occurs.  A Participant who postpones retirement beyond his or her Normal Retirement Age shall be provided with notice that his or her Pension Allowance is being suspended in accordance with the provisions of Department of Labor Regulation Section 2530.203-3.


4.02    Normal Retirement Pension Allowance
a.Normal Retirement Pension Allowance for a CECONY Participant or an O&R Participant  The annual normal retirement Pension Allowance payable on the Normal Retirement Date of each CECONY Participant and O&R Participant shall be determined in accordance with his or her applicable benefit formula, as set forth in Appendix F.
b.Normal Retirement Pension Allowance for a CEI Participant
1.A CEI Participant’s Pension Allowance at Normal Retirement Date shall be equal to his or her Cash Balance Accrued Benefit or Accumulated Benefit commencing at Normal Retirement Date.  The CEI Participant’s Cash Balance Account or Accumulated Benefit as of any determination date is calculated in accordance with this Subsection (b). 
2.Compensation Credits 
		
	i.
	Allocation Date shall mean the last day of each calendar quarter in each Plan Year.  As of the Allocation Date, a CEI Participant shall receive an allocation to his or her Cash Balance Account in an amount determined in accordance with the following schedule:






63


Exhibit  10.1.1



	
			
	Sum of Age and Years of Accredited Service (each rounded to nearest whole number) as of Allocation Date
	Percentage of Annual Compensation Earned or Credited in Calendar Quarter
	Excess Annual Allocation - Percentage of Annual Compensation Earned or Credited in Calendar Quarter in Excess of Social Security Taxable Wage Base

	Less than 35
	4%
	4%

	At least 35 but less than 50
	5%
	4%

	At least 50 but less than 65
	6%
	4%

	65 and over
	7%
	4%








		
	ii.
	The entire amount, if any, of a CEI Participant’s Annual Variable Pay Award shall be included in the CEI Participant’s Annual Compensation in the calendar quarter in which the Award is paid.  However, if a CEI Participant’s Annual Compensation as of the calendar quarter with some or all of the Annual Variable Pay Award exceeds the Code Section 401(a)(17) limit, his or her Annual Variable Pay Award will not be included in that calendar quarter.  In no event will his or her Annual Compensation for the calendar quarter exceed the Code Section 401(a)(17).  Any portion of a CEI Participant’s Variable Pay Award not included as Annual Compensation pursuant to the preceding sentence will, in the case of a Participant whose Annual Compensation is not projected to exceed the limitations of Section 401(a)(17) of the Code in effect for such calendar year, be added to the Annual Compensation paid to the Participant for pay periods ending in each such succeeding calendar quarter (but not in excess of 25%  of the Section 401(a)(17) limit for such calendar year) until all such Variable Pay Award has been included as Annual Compensation for such calendar year, provided that in no event shall the limitations of Section 401(a)(17) of the Code be exceeded.  Annual Compensation is determined based on the CEI Participant’s rate of pay in the last pay period in each Calendar quarter.


		
	iii.
	A CEI Participant whose termination of employment occurs in the first or second month of a calendar quarter shall receive an allocation for such calendar quarter.  He or she will receive an allocation equal to a pro rata quarterly allocation based on age, years of Accredited Service, and the Annual Compensation he or she received in such calendar quarter at his or her termination of employment.  The CEI Participant will receive his or her applicable percentage -- 4%, 5%, 6% or 7% -- times one twelfth of her or his annual salary rate in effect as of the date of termination of employment times the number of months of Accredited Service in 




64


Exhibit  10.1.1



the quarter plus the applicable 4%, 5%, 6% or 7% times any Variable Pay Award, Sunday premium pay and night shift and midnight shift differential premium pay awarded during the quarter.  Additionally, if the CEI Participant has exceeded the Social Security Taxable Wage Base, he or she will receive an additional 4% allocation on the Annual Compensation in the calendar quarter that has exceeded the Social Security Taxable Wage Base.  
		
	iv.
	For any period of an authorized, unpaid leave of absence for which the CEI Participant receives Accredited Service (up to but not to exceed six months), the CEI Participant shall receive compensation credits to his or her Cash Balance Account.  The compensation credits shall be determined on the assumption that the CEI Participant continued to receive during the leave period the Annual Compensation (excluding any Annual Variable Pay Award, Sunday premium pay and night shift and midnight shift differential premium pay during the calendar quarter ) in effect for such CEI Participant immediately prior to such leave of absence.


		
	v.
	If the CEI Participant has exceeded the Social Security Taxable Wage Base, she or he will receive an additional 4% allocation on the Annual Compensation in the calendar quarter that has exceeded the Social Security Taxable Wage Base


		
	vi.
	For any period of an authorized, unpaid leave of absence for which the CEI Participant receives Accredited Service (up to but not to exceed six months), the CEI Participant shall receive compensation credits to his or her Cash Balance Account.  The compensation credits shall be determined on the assumption that the CEI Participant continued to receive during the leave period the Annual Compensation (excluding any Annual Variable Pay Award) in effect for such CEI Participant immediately prior to such leave of absence.


3.Interest Credits to Cash Balance Account  
i.As of the last day of each calendar quarter of each Plan Year, the Cash Balance Account shall be increased by an amount equal to one-fourth of the IRS Interest Rate multiplied by the CEI Participant’s Cash Balance Account as of the first day of such calendar quarter.  Notwithstanding the foregoing, the interest rate taken into account as of the last day of any calendar quarter coinciding with or preceding the CEI Participant’s Annuity Starting Date shall not be less than 0.75% or greater than 2.25%.  In the event the Annuity Starting Date of a CEI Participant is prior to the last day of a calendar quarter, he or she will receive a 


65


Exhibit  10.1.1



pro rata interest credit based on the number of months in that quarter prior to the Annuity Starting Date.
ii.Limitation on Credits.  Notwithstanding the foregoing, in no event shall any interest credits be made to the account of any CEI Participant for any period on and after his or her Annuity Starting Date.
4.Death Benefit  
		
	i.
	If a CEI Participant is entitled to a vested Pension Allowance and dies before his or her ASD, a death benefit equal to the Cash Balance Account will be payable to the CEI Participant’s Beneficiary.  


		
	ii.
	If the Beneficiary is the CEI Participant’s Surviving Spouse, his or her Surviving Spouse’s death benefit will be  payable as a single life annuity commencing in the month following the month of the death of the CEI Participant.  The single life annuity will equal 100% of the vested Cash Balance Account as of the date of death of the CEI Participant.  The single life annuity payable to the Surviving Spouse shall be the Actuarial Equivalent of the Cash Balance Account of the CEI Participant at the date of death, using the IRS Interest Rate and the IRS Mortality Table.  


		
	iii.
	If the Surviving Spouse elects, she or he may receive a single sum payment equal to the Cash Balance Account, in lieu of the single life annuity.  In all cases, the Surviving Spouse may elect payment as soon as practicable after the CEI Participant’s death.  Whichever form the Surviving Spouse chooses, his or her benefit will not be less than what the Surviving Spouse would have received as the Surviving Spouse entitled to the 50% “qualified joint and survivor annuity,” or the 50% “qualified pre-retirement survivor annuity,” as those terms are defined in the Internal Revenue Code.    


		
	iv.
	If the CEI Participant’s Beneficiary is not the Surviving Spouse, she or he is entitled to the CEI Participant’s total Cash Balance Account.  The Beneficiary may elect is a Cash Balance Single Sum Payment or any annuity for the life of the Beneficiary that is the Actuarial Equivalent of the Cash Balance Single Sum Payment, using the IRS Interest Rate and the IRS Mortality Table.  Whichever form the Beneficiary elects, her or his form and timing of payment must comply with the distribution rules codified in Code Section 401(a)(9) and the final regulations set forth in Treasury Regulations 1.401(a)(9) as in effect at the time of the distribution.  The 




66


Exhibit  10.1.1



Beneficiary’s benefit will be paid as soon as practicable following the CEI Participant’s date of death.
		
	v.
	If the vested CEI Participant is not married at his or her death and there is no surviving Beneficiary or a Beneficiary has not been designated, the death benefit shall be payable to the CEI Participant’s estate or legal representative.


4.03    Late Retirement
a.If a Participant postpones his or her retirement beyond his or her Normal Retirement Date (“Late Retirement”), upon his or her termination of employment (“Late Retirement Date”), the Participant shall be entitled to a Late Retirement Pension Allowance beginning on the first day of the calendar month after the Plan Administrator receives his or her written application to retire.  A Participant who has served a minimum of two years in a high-level executive or policymaking position immediately preceding retirement and who is entitled to a non-forfeitable, immediate, Company-provided annual retirement Pension Allowance from any source or combination of sources which is at least equal to a single life annuity of $44,000 per year may be retired at the election of the Company at any time on or after his or her attainment of age 65.
b.A Participant who remains in service after his or her Normal Retirement Date shall be entitled to a monthly retirement Pension Allowance for each month during the postponement period which is a Non-Suspendible Month.  Upon termination of employment, the Participant shall be entitled to an immediate Late Retirement Pension Allowance beginning on the Participant’s Late Retirement Date.  Subject to the provisions of Section 5.01, his or her Late Retirement Pension Allowance shall be equal to the amount determined in accordance with the applicable benefit formula as of his or her Late Retirement Date, reduced by an amount that is the Actuarial Equivalent of any Pension Allowance he or she previously received in any Non-Suspendible Month.
c.If, in accordance with Code Section 401(a)(9) minimum required distribution rules, a Participant must commence receipt of his or her Pension Allowance while in active service , after his or her Normal Retirement Date, such commencement date is not the Participant’s Annuity Starting Date for purposes of Article 5.  The Participant shall receive a Pension Allowance in an amount determined as if he or she had retired on such date.  As of each succeeding December 31 prior to the Participant’s actual Late Retirement Date, and as of his or her actual Late Retirement Date, the Participant’s Pension Allowance shall be recomputed to reflect additional accruals.  The Participant’s recomputed Pension Allowance shall then be reduced by the Actuarial Equivalent of the total payments of his or her Pension Allowance made with respect to 


67


Exhibit  10.1.1



monthly payments made in that calendar year, other than payments for Non-Suspendible Months of continued employment, which were paid prior to each such re-computation to arrive at the Participant’s Late Retirement Pension Allowance.  No such reduction shall reduce the Participant’s Late Retirement Pension Allowance below the amount of Late Retirement Pension Allowance payable to the Participant prior to the re-computation of such Pension.
4.04    Early Retirement
a.CEI Participants
1.A CEI Participant who is entitled to a vested Pension Allowance may elect to commence receipt of his or her vested Pension Allowance prior to his or her Normal Retirement Date (“Early Retirement”).  The Pension Allowance payable at his or her Early Retirement Date will equal his or her Cash Balance Accrued Benefit, reduced for early distribution, from his or her Normal Retirement Date to his or her Annuity Starting Date, using the IRS Interest Rate.  However, if the Pension Allowance is paid as an annuity, it shall be no less than the Actuarial Equivalent of the CEI Participant’s Cash Balance Account, using the IRS Interest Rate and IRS Mortality Table.  Further, if the Pension Allowance is paid as a Cash Balance Single Sum Payment, it shall be no less than the CEI Participant’s Cash Balance Account as of the date of payment. 
2.If the CEI Participant is married at the time his or her Pension Allowance begins, his or her Early Retirement Cash Balance Accumulated Benefit is payable in the normal form of a joint and 50% survivor annuity.  If the CEI Participant is not married, or if married, his or her spouse consents, the CEI Participant may elect to receive his or her Early Retirement Cash Balance Accumulated Benefit in a Cash Balance Single Sum Payment. 
b.CECONY Participants.  
A Rule of 75 Participant may retire and elect to commence receiving his or her Pension Allowance prior to his or her Normal Retirement Date (“Early Retirement”).  The amount of the Early Retirement Pension Allowance shall be determined below.
		
	1.
	Attainment of Age 55 and 30 Years of Accredited Service  This section applies to a CECONY Participant who has attained age 55 and has completed at least 30 years of Accredited Service as of the Annuity Starting Date.  His or her Early Retirement Pension Allowance shall equal the Normal Retirement Pension Allowance determined under the applicable benefit formula set forth in Appendix F.  However, the portion of the Normal Retirement Pension Allowance, if any, for a CECONY Management Participant affected by the Social Security Taxable Wage 




68


Exhibit  10.1.1



Base, will be reduced by the appropriate discount factor in Appendix A, Sub appendix A -1, Actuarial Factors Applicable to CECONY Participants, based on the Participant’s age as of his or her Annuity Starting Date.  This section applies to a CECONY Participant, including, a CECONY Local 3 Employee -1 who is hired before December 31, 2009, and has completed at least 30 years of Accredited Service as of the Annuity Starting Date.  
		
	2.
	Special Rule for a CECONY Management Participant Tier 1 ( a CECONY Management Participant who had not attained age 50 on or before January 1, 2013):  


		
	i.
	For purposes of calculating an Early Retirement Pension Allowance, a CECONY Management Participant Tier 1 will have his or her Pension Allowance that has been accrued as of December 31, 2012 (“Pre 2013 Pension Accrual”) calculated differently than the portion of his or her Pension Allowance that is accrued on and after January 1, 2013 (“Post 2012 Pension Accrual”), according to these rules.  


		
	ii.
	A CECONY Management Participant Tier 1 who has attained age 55 and has completed at least 30 years of Accredited Service as of his or her Annuity Starting Date may elect to begin the distribution of his or her Pension Allowance as an Early Retirement Pension Allowance.  His or her Pre 2013 Pension Accrual will be determined under the applicable benefit formula set forth in Appendix F (unless he or she is affected by the Social Security Taxable Wage Base), without reduction.  However, the portion of his or her Pension Allowance affected by the Social Security Taxable Wage Base, if any, will be reduced by the appropriate discount factor in Appendix A, Sub-Appendix A-1, Actuarial Factors Applicable to CECONY Participants, based on the Participant’s age as of his or her Annuity Starting Date.   


		
	iii.
	If a CECONY Management Participant Tier 1, who has attained age 55 and has completed at least 30 years of Accredited Service, elects to begin the distribution of his or her Pension Allowance as an Early Retirement Pension Allowance, his or her Post 2012 Pension Accrual will be reduced five percent (5%) for each year distribution begins between the ages of 55 and 60.    


		
	iv.
	A CECONY Management Participant Tier 1 who has attained at least age 55 and has at least 75 points may elect to begin distribution of his Pension Allowance as an Early Retirement Pension Allowance.  For each year 




69


Exhibit  10.1.1



distribution begins between the ages of 55 and age 60 , his or her Pre 2013 Pension Accrual will be reduced by one and one half percent (1.5%).  His or her Post 2012 Pension Accrual will be reduced by five percent (5%) for every year distribution begins between the ages of 55 and 60.  
		
	v.
	For purposes of calculating the Pre 2013 Pension Accrual and the Post 2012 Pension Accrual under the alternative Total Salary formula in Section F.A.2 (b) of Appendix F, the Pre 2013 Pension Accrual is the ratio of Accredited Service up to and including December 31, 2012 (limited to 30 years) to total Accredited Service as of the date of termination of employment (limited to 30 years) multiplied by the total accrued benefit under said formula.  The Post 2012 Pension Accrual, if any, is the excess of the total accrued benefit under said formula as of the date of termination over the Pre 2013 Pension Accrual.


		
	vi.
	Each CECONY Management Participant Tier 1 who has attained age 60 and has completed at least 15 years of Accredited Service as of the Annuity Starting Date may elect to begin his or her Pension Allowance.  His or her Early Retirement Pension Allowance shall be calculated under the applicable benefit formula set forth in Appendix F, unless he or she is affected by the Social Security Taxable Wage Base, without reduction.  However, the portion of his or her Pension Allowance affected by the Social Security Taxable Wage Base, if any, will be reduced by the appropriate discount factor in Appendix A, Sub-Appendix A -1, Actuarial Factors Applicable to CECONY Participants, based on the Participant’s age as of his or her Annuity Starting Date.


3.Attainment of Age 60  This section applies to a CECONY Participant who has attained age 60 and has completed at least 15 years of Accredited Service as of the Annuity Starting Date.  His or her Early Retirement Pension Allowance shall be calculated using the same methodology as if he or she had attained age 55, and completed 30 years of Accredited Service.
4.75 Points Only  
This Section applies to a CECONY Participant who has 75 Points but does not meet the age or service criteria set for in (1) or (2) above as of the Annuity Starting Date.  His or her Early Retirement Pension Allowance shall equal the Normal Retirement Pension Allowance determined under the applicable benefit formula set forth in Appendix F multiplied by the appropriate discount factor in Appendix A, Sub appendix A.1, based on the Participant’s age as of the Annuity Starting Date.  However, the 


70


Exhibit  10.1.1



portion of the Normal Retirement Pension Allowance, if any, for a CECONY Management Participant affected by the Social Security Taxable Wage Base shall be reduced by the appropriate discount factor in Appendix A, Sub appendix A-1, based on the CECONY Participant’s age as of the Annuity Starting Date.  
		
	c.
	O&R Participants


1.Upon written application filed with the Plan Administrator prior to the commencement date, an O&R Participant who has not reached his or her Normal Retirement Date but who at the time of termination of employment has reached his or her “Early Retirement Date” as defined below, shall be eligible to commence the receipt of his or her Pension Allowance as of the later of: (1) the first day of the calendar month which immediately follows his or her Early Retirement Date, or (2), the first day of the calendar month which is at least 30 days after the O&R Participant has received the information referred to in Section 5.03.  Early Retirement Date is the first day of the month following the month in which an O&R Participant attains age 55 and has completed at least ten years of Vesting Service (or, if applicable, ten years of Credited Service if such O&R Participant terminated on or before July 1, 1999).  
2.Subject to Section 4.04(c)(3), Section 4.09 and Article 5, the Early Retirement Pension Allowance shall be a benefit commencing immediately, computed in accordance with Appendix F, Section F.3A without regard to when the Pension Allowance actually commences.  The Early Retirement Pension Allowance, computed in accordance with Appendix F, Section F.3A shall be a Normal Retirement Pension Allowance, with the amount computed in accordance with Appendix F, Section F.3A.  The Pension Allowance will be based on the O&R Participant’s Annual Compensation and Accredited Service at the time of his or her Early Retirement Date.  An additional benefit will be included in his or her Early Retirement Pension Allowance.  This additional benefit is equal to two (2) years of Accredited Service computed on the basis of his or her Annual Compensation at the rate being paid to him or her immediately prior to his or her Early Retirement Date. His or her Early Retirement Pension Allowance is then reduced by 1/3 of 1% for each complete calendar month by which the commencement date of his or her Early Retirement Pension Allowance precedes the date which is five years prior to his or her Normal Retirement Date.  The foregoing reduction for a commencement date preceding the date which is five years prior to his or her Normal Retirement Date shall not be made if, at the O&R Participant’s Early Retirement Date, the Participant is a Rule of 85 Participant.  The Early Retirement 


71


Exhibit  10.1.1



Pension Allowance computed in accordance with Section 5.01(c)(2) shall be the Actuarial Equivalent of the Early Retirement Pension Allowance computed in accordance with the immediately preceding sentence.
3.At the time of Early Retirement, an O&R Participant may elect in writing, filed with and acknowledged by the Plan Administrator, to defer receipt of an Early Retirement Pension Allowance.  An election to defer will be deemed to have been made by an O&R Participant if a written deferral election is not received and written consent to receipt of an Early Retirement Pension Allowance is not filed with and acknowledged by the Plan Administrator within the 90-day period prior to the date as of which payments could otherwise begin under this Section.  An O&R Participant whose Early Retirement Pension Allowance is deferred shall have his Early Retirement Pension Allowance commence as of his Normal Retirement Date.  Subject to Section 4.09 and Article 5, the deferred Early Retirement Pension Allowance shall be computed in accordance with Appendix F, Section F.3A, on the basis of the Participant’s Annual Compensation and Accredited Service to his or her Early Retirement Date and the additional benefit for two (2) years of Accredited Service computed on the basis of his or her Annual Compensation at the rate being paid to him or her immediately prior to his or her Early Retirement Date.  Notwithstanding Section 4.05(c), an O&R Participant who defers commencement of an Early Retirement Pension Allowance may elect to receive a vested Pension Allowance under Section 4.05(c) commencing at any time prior to his Normal Retirement Date in lieu of any Early Retirement Pension Allowance under this Section 4.04(c).
4.Supplemental Payment between Ages 60 to 62.  A supplemental payment of six hundred dollars ($600) a month shall be paid to a retired O&R Participant whose Early Retirement Pension Allowance commencement date occurs on or after the date on which the O&R Participant attains age sixty (60) but prior to the Participant’s attaining age sixty-two (62).  Effective for an O&R Participant hired before January 1, 2001, and retired after January 1, 2005, the supplement payment will be increased from six hundred dollars ($600) a month to eight hundred dollars ($800) a month.  Effective for an O&R Participant who retires on or after January 1, 2011, the supplement payment will be increased from eight hundred dollars ($800) a month to nine hundred dollar ($900) a month.  Effective for an O&R Management Participant or an O&R Hourly Participant who retires on or after January 1, 2017 and is eligible for the Early Retirement Supplement, such supplement payment will be increased from nine hundred dollars ($900) a month 


72


Exhibit  10.1.1



to one thousand and fifty dollars ($1,050) a month.  The monthly supplemental payments will cease with the payment made on the earlier of the first day of the month in which occurs the retired Participant’s death or attainment of age sixty-two (62).  The monthly supplemental payments will be paid only to a retired O&R Participant who is eligible as set forth herein and shall not be subject to optional forms of payment or Spouse's or vested O&R Participant Spouse's Allowances.  The monthly supplemental payments are not part of the retired O&R Participant’s monthly Pension Allowance and are not subject to the pension benefit adjustments, but are subject to cessation in the event of re-employment which results in cessation of the retired O&R Participant’s monthly Pension Allowance.     
5.Special Rule for an O&R Management Participant Tier 1 ( an O&R Management Participant who had not attained age 50 on or before January 1, 2013):
		
	i.
	For purposes of calculating an Early Retirement Pension Allowance, an O&R Management Participant Tier 1 may have his or her Pension Allowance that has been accrued as of December 31, 2012 (“Pre 2013 Pension Accrual”) calculated differently than the portion of his or her Pension Allowance that is accrued on and after January 1, 2013 (“Post 2012 Pension Accrual”), according to these rules.  The additional benefit equal to two (2) years of Accredited Service computed on the basis of his or her Annual Compensation at the rate being paid to him or her immediately prior to his or her Early Retirement Date shall be considered part of the Pre 2013 Pension Accrual.


		
	ii.
	If an O&R Management Participant Tier 1 who has attained age 55 and is a Rule of 85 Participant elects to begin immediate distribution of his or her Pension Allowance as an Early Retirement Pension Allowance, his or her Pre 2013 Pension Accrual will be determined under the applicable benefit formula set forth in Appendix F, without reduction.  


		
	iii.
	If an O&R Management Participant Tier 1 who has attained age 55 and is a Rule of 85 Participant, elects to begin immediate distribution of his or her Pension Allowance as an Early Retirement Pension Allowance, his or her Post 2012 Pension Accrual will be reduced five percent (5%) for each year distribution begins between the ages of 55 and 60.    


		
	iv.
	If an O&R Management Participant Tier 1 who has attained at least age 55 and has at least 10 years of Vesting Service but is not a Rule of 85 Participant elects to begin immediate distribution of his Pension Allowance as 




73


Exhibit  10.1.1



an Early Retirement Pension Allowance, the following reductions will be made.  For each year distribution begins between the ages of 55 and age 60 , his or her Pre 2013 Pension Accrual will be reduced by four percent (4%).  His or her Post 2012 Pension Accrual will be reduced by five percent (5%) for every year distribution begins between the ages of 55 and 60.  
		
	v.
	If an O&R Management Participant Tier 1 who has attained age 60 and has completed at least 10 years of Vesting Service elects to begin immediate distribution of his or her Pension Allowance as an Early Retirement Pension Allowance, his entire Early Retirement Pension Allowance shall be calculated under the applicable benefit formula set forth in Appendix F, without reduction.  


		
	6.
	Special Rule for an O&R Hourly Participant who had not attained age 50 by January 1, 2015 (“O&R Hourly Participant Tier 1”)  


		
	i.
	For purposes of calculating an Early Retirement Pension Allowance, an O&R Hourly Participant Tier 1 may have his or her Pension Allowance that has been accrued as of December 31, 2014 (“Pre 2015 Pension Accrual”) calculated differently than the portion of his or her Pension Allowance that is accrued on and after January 1, 2013 (“Post 2014 Pension Accrual”), as set forth by the rules herein.  The additional benefit equal to two (2) years of Accredited Service computed on the basis of his or her Annual Compensation at the rate being paid to him or her immediately prior to his or her Early Retirement Date shall be considered part of the Pre 2015 Pension Accrual.


		
	ii.
	If an O&R Hourly Participant Tier 1, who has attained age 55 and is a Rule of 85 Participant, elects to begin immediate distribution of his or her Pension Allowance as an Early Retirement Pension Allowance,  his or her Pre 2015 Pension Accrual will be determined under the applicable benefit formula set forth in Appendix F, without reduction.  


		
	iii.
	If an O&R Hourly Participant Tier 1, who has attained age 55 and is a Rule of 85 Participant, elects to begin immediate distribution of his or her Pension Allowance as an Early Retirement Pension Allowance, his or her Post 2014 Pension Accrual will be reduced five percent (5%) for each year distribution begins between the ages of 55 and 60.    


		
	iv.
	If an O&R Hourly Participant Tier 1, who has attained at least age 55 and has at least 10 years of Vesting Service but is not a Rule of 85 Participant, elects to begin immediate distribution of his Pension Allowance as an Early 




74


Exhibit  10.1.1



Retirement Pension Allowance, the following reductions will be made.  For each year distribution begins between the ages of 55 and age 60 , his or her Pre 2015 Pension Accrual will be reduced by four percent (4%).  His or her Post 2014 Pension Accrual will be reduced by five percent (5%) for every year distribution begins between the ages of 55 and 60.  
		
	v.
	If an O&R Hourly Participant Tier 1 who has attained age 60 and has completed at least 10 years of Vesting Service elects to begin immediate distribution of his or her Pension Allowance as an Early Retirement Pension Allowance, his entire Early Retirement Pension Allowance shall be calculated under the applicable benefit formula set forth in Appendix F, without reduction.


4.05    Vested Terminations Before Attaining Early Retirement
a.Vested Terminations - Vesting Service  Unless explicitly set forth otherwise, each Participant shall be 100% vested in, and have a nonforfeitable right to, his or her Pension Allowance upon completion of five Years of Vesting Service.  Effective January 1, 2008, each CEI Participant who has an Hour of Service on and after January 1, 2008 shall become 100% fully vested upon completion of three years of vesting service.  If the Participant’s employment with the Company or an Affiliate is subsequently terminated for reasons other than retirement, death, or, if otherwise explicitly applicable to such a Participant, Disability, he or she shall be eligible for a deferred vested Pension Allowance payable on the Participant’s Normal Retirement Date.
b.Vested Terminations for CECONY Participants  A CECONY Participant who is not a Rule of 75 Participant, but who is entitled to a deferred vested Pension Allowance, may elect to commence receipt of his or her vested Pension Allowance prior to his or her Normal Retirement Date.  The vested Pension Allowance, payable as a Cash Out, will equal the Actuarial Equivalent of his or her normal retirement Pension Allowance, in the form of a single life annuity.
c.Vested Terminations for O&R Participants  An O&R Participant who has not satisfied the requirements for an Early Retirement Pension Allowance but has earned a vested Pension Allowance may elect to receive a vested Pension Allowance on or after attainment of age 55 and completion of 10 years of Vesting Service, as set forth below.
1.An O&R Participant who ceases to be employed by the Company or an Affiliate for reasons other than death, retirement or Approved Leave of Absence, and before he or she has completed at least five years of Vesting Service, will be entitled only to receive his or her Accumulated Contributions.
2.Subject to Section 4.09 and Article 5, the vested Pension Allowance shall be a 


75


Exhibit  10.1.1



deferred Pension Allowance commencing on the vested Participant’s Normal Retirement Date and shall be computed in accordance with Appendix F, Section F.3A(a), as in effect on his or her date of termination, with the amount determined under Appendix F, Section F.3A, as applicable,  computed on the basis of the Participant’s Annual Compensation and Accredited Service immediately prior to his or her date of termination and the additional benefit for two (2) years of Accredited Service computed on the basis of his or her Annual Compensation at the rate being paid to him or her immediately prior to his or her date of termination.
3.Except as provided in Section 4.05(c)(4), this section applies to a vested O&R Participant who, on the date of termination, has completed at least 10 years of Vesting Service but has not reached his or her 55th birthday.  He or she shall be eligible to receive, commencing as of the first day of any calendar month following his or her 55th birthday, but not later than his or her Normal Retirement Date, as specified in an election in writing filed with and acknowledged by the Plan Administrator no more than 90 days prior to his or her Annuity Starting Date, a vested Pension Allowance.  Such Pension Allowance will be equal to the vested Pension Allowance computed in accordance with Section 4.05(c)(2) above reduced by 1⁄2 of 1% for each complete calendar month by which the date of commencement of the vested Participant’s Pension Allowance precedes such Participant’s Normal Retirement Date.
4.A vested O&R Participant who elects to receive his or her Accumulated Contributions will have his or her vested Pension Allowance reduced in accordance with Section 4.05(c)(5).
5.The vested Pension Allowance of an O&R Participant who has received his or her Accumulated Contributions will be reduced (but not below zero) by that portion of his or her accrued Pension Allowance which is attributable to such Participant’s Accumulated Contributions.  With respect to a Pension Allowance payable for life and computed in accordance with Appendix F, Section F.3A(a), the portion of such Participant’s Pension Allowance attributable to his or her Accumulated Contributions shall be equal to his Accumulated Contributions which were withdrawn, plus hypothetical interest at the rate determined in accordance with the definition of Accumulated Contributions, in Section 1.02, at the date of withdrawal to the Participant’s Normal Retirement Date, multiplied by a conversion factor.  The conversion factor for a Pension Allowance commencing at Normal Retirement Date shall be determined pursuant to the provisions of Code Section 411(c)(2) and any related regulations as then in effect.  With respect to a Pension 


76


Exhibit  10.1.1



Allowance payable and computed in accordance with Appendix F, Section F.3A(a), of Appendix F and Section 5.01(c)(2), the portion attributable to the Participant’s Accumulated Contributions shall be the Actuarial Equivalent of the amount determined above.
d.Vested Terminations for CEI Participants  A CEI Participant who is entitled to a deferred vested Pension Allowance may elect to commence receipt of his or her vested Pension Allowance prior to his or her Normal Retirement Date.    If the Pension Allowance is paid as a single life annuity, it shall be no less than the Actuarial Equivalent of the CEI Participant’s Cash Balance Accumulated Benefit, using the IRS Interest Rate and the IRS Mortality Table.  If the Pension Allowance is paid as a Cash Balance Single Sum Payment, it shall be no less than the CEI Participant’s Cash Balance Accumulated Benefit as of the date of payment.  If the CEI Participant is married at the time his or her Pension Allowance begins, his or her vested Cash Balance Accrued Benefit is payable in the normal form of a joint and 50% survivor annuity.  If the CEI Participant is not married, or if married, his or her spouse consents, the CEI Participant may elect to receive his or her vested Cash Balance Accumulated Benefit in a Cash Balance Single Sum Payment.   
4.06    Disability Pension Allowance - CECONY Participants
a.Social Security Disability  If a CECONY Participant terminates active employment because of a Disability and has at least five Years of Vesting Service, he or she may elect to be treated as if he or she remained in active employment until the earliest of: (i) the end of his or her Disability; (ii) date of commencement of any gainful employment or any self-employment or any activity of like nature in which the Participant receives wages or earned income; (iii) date of death, or (iv) Normal Retirement Date.  The Pension Allowance of such CECONY Participant shall be determined as if his or her Annual Basic Straight Time Compensation at the point of his or her actual termination of active employment was his or her Annual Compensation for all future years.  For that period of "deemed employment," Annual Compensation shall not include an Annual Variable Pay Award. 
There is no Disability Pension Allowance for a CEI Participant.
b.Social Security Disability or Total and Permanent Disabilities Without Eligibility for Social Security Disability Benefits  A CECONY Participant who incurs a Disability while actively employed and a CECONY Participant who terminates employment due to a total and permanent disability, as determined by the Employer in accordance with its established procedures, may elect to commence benefits under the Plan at a date earlier than his or her Normal Retirement Date.  If, at the date of termination of employment or disability, whichever is earlier, the CECONY 


77


Exhibit  10.1.1



Participant has attained age 50 and completed at least 20 Years of Accredited Service, the Pension Allowance shall be determined in accordance with the applicable Normal Retirement Pension Allowance as set forth in Appendix F, Section F.1 or F.2.  If he or she is a CECONY Management Participant, the portion of the Pension Allowance affected by the Social Security Taxable Wage Base will be reduced by the discount factor in Table D, Sub appendix A.1 of Appendix A, based on the Participant’s age as of the Annuity Starting Date.  If the CECONY Participant has attained at least age 50 and completed at least 20 years of Credited Service, the portion of the Pension Allowance attributable to Section F1 or F.2A(a)(i),(ii) and (iv) of Appendix F is not reduced for early commencement.  If such CECONY Participant is a Rule of 75 CECONY Participant as of the Annuity Starting Date but has not attained age 50 and completed at least 20 years of Accredited Service as of termination of employment or Disability, whichever is earlier, the accrued Pension Allowance commencing at Normal Retirement Date shall be reduced by 1.5% for each year (prorated for months) that his or her Annuity Starting Date precedes attainment of age 60.  If such CECONY Participant is not a Rule of 75 Participant as of the Annuity Starting Date, the benefit, if any, vested and payable to such CECONY Participant shall be a vested Pension Allowance determined in accordance with Section 4.05(b).
There is no Disability Pension Allowance for a CEI Participant.  
4.07    Disability - O&R Participant and O&R 
Disability Pension Allowance
a.Upon written application to the Plan Administrator, an O&R Participant who is disabled while in active service, has not reached his or her Normal Retirement Date, and has completed at least 10 years of Accredited Service will be retired on an O&R Disability Pension Allowance.  The O&R Disability Pension Allowance is in lieu of retirement under any other provision of the Plan and will be effective as of the first day of a calendar month not less than 30 nor more than 90 days next following the receipt by the Plan Administrator of such written application, provided the Plan Administrator finds the Participant is disabled, as set forth herein ("O&R Disability Retirement Date").  The Plan Administrator must find to his or her satisfaction that a physician designated by the O&R Participant and a physician designated by O&R have each certified an opinion that such O&R Participant is totally incapacitated, mentally or physically, from the further performance of his or her regular duties or duties comparable thereto.  The certified opinions must find that such incapacity occurred while the O&R Participant was in active service with the Company or an Affiliate, resulted in termination of employment with the Company or an Affiliate, and is likely to be permanent.  Alternatively, the Plan Administrative must find that such O&R Participant is eligible for and in receipt of a disability benefit under the Social Security Act, as 


78


Exhibit  10.1.1



amended from time to time, with respect to a disability within the meaning of this subparagraph, which occurred while in active service with the Company or an Affiliate and resulted in termination of employment with the Company or an Affiliate.  If the opinions of the designated physicians differ as to whether the O&R Participant is totally incapacitated, the certified opinion of a third physician, rendered after examination of the O&R Participant and, to the extent deemed appropriate by the third physician, consultation with the other two physicians, will determine whether the O&R Participant is totally incapacitated.  The third physician will be selected by the O&R Participant from a list of three names of independent physicians provided by O&R.  The fees and expenses of the third physician will be paid by O&R.
b.The O&R Disability Pension Allowance will be payable as of the O&R Participant’s O&R Disability Retirement Date and thereafter subject to continuance of his or her disability as provided in Section 4.07(c).  The O&R Disability Pension Allowance will be equal to a Pension Allowance computed in accordance with Appendix F, Section F.3A(a) and Section 5.01(c), with the amount determined under Appendix F, Section F.3A.(a)(i) computed on the basis of the O&R Participant’s Annual Compensation and Accredited Service immediately prior to his or her date of termination.  The additional benefit for two (2) years of Accredited Service will be computed on the basis of the O&R Participant’s Annual Compensation at the last regular rate being paid to him or her immediately prior to his or her date of termination.
c.Once each year, the Plan Administrator may require an O&R Participant receiving an O&R Disability Pension Allowance who has not reached his or her Normal Retirement Date to undergo a medical examination by a physician or physicians designated by the Plan Administrator, such examination to be made at the place of residence of such O&R Participant or other place mutually agreed upon.  Should any such O&R Participant refuse to submit to such medical examination, the part of his or her O&R Disability Pension Allowance provided by Employer contributions shall be discontinued until his or her withdrawal of such refusal, and should his or her refusal continue for a year, all rights in and to the O&R Disability Pension Allowance shall cease and the election of an optional benefit, if one has been elected, shall be of no further effect.  If the Plan Administrator finds from such medical examination or otherwise that the disability of an O&R Participant receiving an O&R Disability Pension Allowance who has not reached his Normal Retirement Date has been removed and that he or she has regained his or her earning capacity, in whole or in part, or that he or she is no longer in receipt of a disability benefit under the Social Security Act, the part of his or her Disability Pension Allowance provided by Employer contributions shall be discontinued or reduced proportionately.  He or she shall be entitled to have his or her original Disability Pension Allowance restored in whole or in part prior 


79


Exhibit  10.1.1



to his or her Normal Retirement Date upon the Participant’s again, or initially, receiving a disability benefit under the Social Security Act with respect to the total incapacity which originally entitled the O&R Participant to the Disability Pension Allowance.  Alternatively, he or she be entitled to have his or her original Disability Pension restored if on the basis of the certified opinions of a physician designated by the O&R Participant and a physician designated by O&R, (with any difference in opinion as to whether the O&R Participant is totally incapacitated to be resolved by the opinion of the third physician selected as set forth in Section 4.07(a)), the Plan Administrator finds that the O&R Participant again meets the requirements for Disability Pension Allowance.  In the event that such Participant’s Disability Pension Allowance is discontinued as herein provided and he or she is not restored to service as an Employee, he or she shall be entitled to receive a vested Retirement Allowance computed in accordance with Section 4.05(c)(2) or (3) or, if such O&R Participant was at least age 55 at the time of his or her Disability Retirement, an Early Retirement Pension Allowance computed in accordance with Section 4.04(c)(2) or (3), whichever applies.
There is no Disability Pension Allowance for a CEI Participant.  
		
	d.
	Pension Credit During Long Term Disability.  Effective January 1, 2015, an O&R Hourly 


Employee, who is not receiving his or her pension allowance but receiving long term disability benefits and/or Social Security disability benefits, will receive credit for vesting or for credited service under the Retirement Plan or the new Defined Contribution Pension formula, as applicable, while receiving such long term disability benefits, for up to but no more than twenty-four (24) months, or, if approved for Social Security disability benefits, thirty-six (36) months.
4.08    Spouse’s Pension
a.Unless otherwise set forth, if a married Participant:
1.dies vested and in active service; or
2.dies after retiring on any Pension Allowance, or dies after terminating service with entitlement to a vested Pension Allowance but in both cases  before his or her Annuity Starting Date; or
3.terminates employment fully vested dies and before his or her Annuity Starting Date, then a spouse’s Pension Allowance shall be payable to his or her Surviving Spouse for life.
b.CECONY Participants  
1.This Section 4.08(b)(1) applies to a Participant who, as of his or her date of death, was a Rule of 75 CECONY Participant and is survived by a spouse.  The Surviving Spouse shall be entitled to receive a Pension Allowance in the form of a pre-retirement 


80


Exhibit  10.1.1



survivor annuity payable following the death of the Rule of 75 CECONY Participant.  In the case of a Surviving Spouse of a Rule of 75 CECONY Participant, other than a CECONY Weekly Participant -1, the pre-retirement survivor annuity shall be equal to 50% of the Pension Allowance which the deceased Rule of 75 CECONY Participant would have begun receiving if he or she had terminated employment on the date of death and had applied for a Pension Allowance commencing on the first day of the month immediately following his or her death.  In the case of a Surviving Spouse of a CECONY Weekly Participant -1, the pre-retirement survivor annuity shall be equal to 50% of the reduced 50% qualified joint and survivor annuity which the deceased Rule of 75 CECONY Participant would have begun receiving if he or she had terminated employment on the date of death, and had applied for such a Pension Allowance commencing on the first day of the month immediately following his or her death.   Payment of the annuity shall commence on the first day of the month following the Rule of 75 CECONY Participant’s death unless the Surviving Spouse elects a later commencement date.  Notwithstanding the foregoing, no Accredited Service shall be granted for any period following a Rule of 75 CECONY Participant’s termination of employment.
2.This Section 4.08(b)(2) applies to a CECONY Participant who, as of date of death, was not a Rule of 75 Participant, was eligible for a Pension Allowance, and is survived by a spouse.  The Surviving Spouse is entitled to receive a pre-retirement survivor benefit of an immediate lump sum payment equal to 50% of the Cash Out, determined in accordance with Section 5.02(c), that the deceased CECONY Participant would have received if he or she had terminated employment and elected a Cash Out on his or her date of death (“Lump Sum PRSB”).  If the Lump Sum PRSB amount exceeds $5,000, or beginning for distributions after March 28, 2005, $1,000, it shall not be paid unless the Surviving Spouse consents to such payment in writing on a form provided by the Plan Administrator.  If consent is required but not provided, the Surviving Spouse will receive an annuity.  Unless the Surviving Spouse elects the Cash Out, such annuity will begin on the first day of the month following the CECONY Participant’s death.  The amount payable shall be the greater of (1) or (2) where (1) is determined by dividing the Lump Sum PRSB payable to the Surviving Spouse by an annuity conversion factor determined on the basis of the IRS Mortality Table, the Adjusted IRS Interest Rate and the Surviving Spouse’s age as of the month of determination and (2) is determined by converting 50% of the Participant’s normal retirement Pension Allowance into an annuity on the basis of 


81


Exhibit  10.1.1



the IRS Mortality Table, the Adjusted IRS Interest Rate and the Surviving Spouse’s age as of the month of determination.  If the Participant of the Surviving Spouse was a CECONY Local 3-1 Employee, the “Adjusted Interest Rate,” used in the previous sentence, will be deleted and, in its place, the IRS Interest Rate will be used.  If the Surviving Spouse elects to defer the commencement of such annuity, the amount thereof shall be increased so that the deferred annuity commencing on the date elected by the Surviving Spouse is the Actuarial Equivalent of the immediate annuity otherwise payable, on the basis of the IRS Mortality Table and the IRS Interest Rate.  Notwithstanding the foregoing, no Accredited Service shall be granted for any period following a Participant’s termination of employment.
3.An election by the Surviving Spouse to commence receiving payments prior to what would have been the Participant’s Normal Retirement Date may be made during the 90-day period ending on the date the payments to the Surviving Spouse commence.
		
	c.
	O&R Participants


1.Spousal Benefit for O&R Participant  In the case of the death of a married O&R Participant in active service prior to the O&R Participant’s Normal Retirement Date and after completing five years of Vesting Service, or, regardless of the number of years of Vesting Service, after the Participant’s Normal Retirement Date or after becoming fully vested, there shall be payable to the Participant’s Surviving Spouse, a Spouse's Allowance (“O&R Surviving Spouse’s Allowance”).
2.The O&R Surviving Spouse's Allowance is equal to one-half of the benefit which would have been payable to the deceased O&R Participant on retirement under the provisions of Appendix F, Section F.3A (including the additional benefit for two years) as of the first day of the month coincident with or next following the O&R Participant’s date of death; provided that such amount shall be reduced by one percent for each full year in excess of two years by which the deceased O&R Participant’s age exceeds the age of the Surviving Spouse and shall be adjusted to the Actuarial Equivalent thereof in the event the commencement of the O&R Surviving Spouse's Allowance is deferred.
3.Unless the election provided in Section 4.08 (c)(6) is in effect, upon the death of a married vested O&R Participant prior to his or her Annuity Starting Date, there shall be payable to the vested O&R Participant’s Surviving Spouse a death benefit.  This death benefit (“O&R Spouse’s Death Benefit”), is calculated differently from the way in which the O&R Surviving Spouse’s Allowance is calculated.  The O&R Spouse's Death Benefit will be payable beginning as of the first day of the calendar month coincident with or 


82


Exhibit  10.1.1



next following the later of the Participant’s death or the 65th anniversary of the Participant’s birth; provided, however, that in the event of the death of a O&R Participant with at least 10 Years of Vesting Service, his or her Surviving Spouse may elect to begin receiving his or her O&R Spouse’s Death Benefit as of the first day of the calendar month coincident with or next following the later of the O&R Participant’s death or the O&R Participant’s 55th birthday.  The O&R Spouse's Death Benefit shall be paid monthly until the last monthly payment prior to his or her death.  The death benefit is computed in accordance with Section 4.08 (c)(4).
4.The O&R Spouse’s Death Benefit will be equal to the contingent annuitant's portion of the joint and 50% survivor annuity, as in Section 5.02 (c)(2) computed as a vested Pension Allowance, as provided in Section 4.05(c), with such amount being further reduced for each year from termination of employment to the date of death during which the O&R Participant is covered by the spouse's allowance protection determined on the same basis as in Section 4.08 (c)(6).  The amount of reduction for each year's coverage is set forth in Appendix A, Table E.  
5.Upon commencement of payment, the vested Pension Allowance payable to a vested O&R Participant under Section 4.05 (c)(2) or (3) shall also be reduced for each year the vested O&R Participant is covered by the vested O&R Spouse's Death Benefit protection during the period from termination of employment (or, if later, from the time that the vested O&R Participant has been given notice of his or her right to waive the vested O&R Spouse's Death Benefit), to the date the vested Pension Allowance payments commence to the Participant.  The amount of reduction for each year's coverage is set forth in Appendix A.
6.An O&R Participant may elect at any time on or after termination of employment to waive coverage of the O&R Spouse's Death Benefit and avoid the reductions imposed for coverage for the O&R Spouse's Death Benefit protection.  The election to waive coverage must be made by delivery of a properly completed written notice of such election to the Plan Administrator.  Such election must be in the form prescribed by or acceptable to the Plan Administrator, and will be effective only upon filing with and acknowledgment of receipt by the Plan Administrator.  Unless it is established to the satisfaction of the Plan Administrator that such consent cannot be obtained because there is no spouse, the spouse cannot be located, or there exist other reasons as may be prescribed in regulations of the Secretary of the Treasury, such election, in order to be valid, must have the signed written consent of the Participant’s spouse to the waiver 


83


Exhibit  10.1.1



of the O&R Spouse's Death Benefit coverage, and such consent must specifically acknowledge the effect of the waiver election as well as the designation of someone other than his or her spouse as Beneficiary.  The spouse's signature to such consent and acknowledgment must be witnessed by the Plan Administrator or a Plan Administrator’s delegate, or must be notarized by a notary public.  Any consent by a spouse (or establishment that the spouse's consent cannot be obtained) shall be effective only with respect to such spouse.  Any such waiver election may be revoked by written notice of the O&R Participant delivered to the Plan Administrator prior to the O&R Participant’s death.  In such case, the coverage for the O&R Spouse's Death Benefit protection will again be effective upon filing of the written revocation notice with and acknowledgment of receipt by the Plan Administrator.  Thereafter, additional elections to waive coverage may be made as described above, and similar revocations of such elections may be made. In all cases, the elections to waive coverage and the revocations of such elections shall be prospective only, effective upon filing with and acknowledgement of receipt by the Plan Administrator.  The Plan Administrator shall give each O&R Participant a written notice explaining (i) the O&R Spouse's Death Benefit provisions, (ii) the financial effect thereof and the Participant’s right to elect to waive such coverage, (iii) the necessity of the spouse's consent and acknowledgment in order to validate the O&R Participant’s election, and (iv) the right of the O&R Participant to make, and the effect of, a revocation of the waiver of the O&R Spouse's Death Benefit.  The required notice, if not provided to the O&R Participant within the one-year period prior to the vested O&R Participant’s date of termination of employment, shall be provided to the vested O&R Participant during the one (1) year period following such date of termination.
7.In the event of the death of an O&R Participant while coverage for the O&R Spouse's Death Benefit is not in effect, no Death Benefit will be payable with respect to such Participant.  In the event of the death of a vested O&R Participant prior to the Annuity Starting Date with respect to the vested Pension Allowance and while coverage for the O&R Spouse's Death Benefit is not in effect or is waived, no Pension Allowance will be payable with respect to such vested Participant.  If applicable, however, the provisions of Article XIII will apply.
8.In the event a married retired O&R Participant who has elected to defer commencement of the Early Retirement Pension Allowance dies before the Annuity Starting Date, there will be payable to the Participant’s Surviving Spouse an O&R 


84


Exhibit  10.1.1



Surviving Spouse's Allowance.  Such O&R Surviving Spouse's Allowance shall be equal to the contingent annuitant's portion of Section 5.02 (c)(2) computed as though the Early Retirement Pension Allowance had commenced in such optional form as of the first day of the month coincident with or next following the Participant’s death.  In the event a married retired O&R Participant who has elected to defer commencement of the Early Retirement Pension Allowance dies before the Annuity Starting Date with respect to such Allowance and the Spouse's Allowance is not in effect or payable, no Spouse's Allowance shall be payable with respect to such Participant, but, if applicable, the provisions of Article XIII shall apply.
d.CEI Participants  A married CEI Participant cannot designate someone other than his or her Spouse to receive the Spouse’s death benefit in the event the married CEI Participant dies before his or her Annuity Date.  In the case of the death of a married, vested CEI Participant prior to his or her Annuity Starting Date, there shall be payable to the CEI Participant’s Surviving Spouse a death benefit equal to the CEI Participant’s Cash Balance Accumulated Benefit.  The Surviving Spouse’s death benefit will never be less than the 50% “qualified pre -retirement survivor annuity,” as those terms are defined in the Internal Revenue Code.  
e.Amount or Percent of Death Benefit Must Comply with IRC 401(a)(9)
Notwithstanding any other provision in the Retirement Plan, in no case will a survivor benefit payable to a beneficiary who is not the Surviving Spouse of Spouse of the Participant be an amount or a percent which would violate Code Section 401(a)(9) or the Treasury Regulations promulgated under Code Section 401(a)(9).  
The requirements of this Section and Article V, Distribution Limitation and Time and Manner Distributions if Participant Dies Before ASD, will apply to any distribution of a Participant’s interest and will take precedence over any inconsistent provisions of this Plan.  
4.09    Maximum Benefit Limitation
a.Maximum Annual Pension Allowance Subject to Code Section 415 Notwithstanding any provision of the Plan to the contrary, the Maximum Permissible Benefit payable to a Participant under the Plan shall be subject to the limitations set forth in Code Section 415 and any regulations or rulings issued there under (“Code Section 415 Limitations”).  
b.Maximum Benefit Limitation - Code Section 415 Limitations for Plan Years beginning after July 1, 2007, (except as otherwise provided) - 
1.Each Participant’s Annual Benefit will not exceed the Maximum Permissible Benefit.   If the Pension Allowance a Participant would accrue in a Plan Year would produce an Annual Benefit in excess of the Maximum Permissible Benefit, the Pension 


85


Exhibit  10.1.1



Allowance will be limited, or the rate of accrual reduced, in accordance with the Code Section 415 Limitations, to a Pension Allowance that does not exceed the Maximum Permissible Benefit.
2.If the Participant is, or has ever been, a Participant in another qualified defined benefit plan, without regard to whether the plan has been terminated, maintained by the Employer or a predecessor employer, the sum of the Participant’s Annual Benefits from all plans may not exceed the Maximum Permissible Benefit.
3.The application of the Code Section 415 Limitations will not cause the Maximum Permissible Benefit for any Participant to be less than a Participant’s Accrued Benefit under the defined benefit plans of the Employer or a predecessor employer as of the end of the last Plan Year beginning before July 1, 2007, under provisions of the plans that were both adopted and in effect before April 5, 2007.  The preceding sentence applies only if the provisions of such defined benefit plans that were both adopted and in effect before April 5, 2007, satisfied the applicable requirements of statutory provisions, regulations, and other published guidance relating to Code Section 415 in effect as of the end of the last Limitation Year beginning before July 1, 2007, as described in §1.415(a)-1(g)(4) of the income Tax Regulations.
4.Effective January 1, 2009, a Participant’s “compensation” used in the calculation of his or her Pension Allowance, whether it is his or her Annual Compensation, Final Average Pay, Final Average Salary, or any other definition in which compensation is used to calculate his or her Pension Allowance, shall comply with Code Section 415(c)(3) and Treasury Regulation Section 1.415(c)-2(d)(4), as modified by the non-elective provisions of Treas. Reg. section 1.415(c)-2(e) and (g).  Compensation shall include (1) regular compensation for services that, absent a termination from employment, would have been paid to the Participant if the Participant continued in employment as an Eligible Employee, in accordance with Treasury Regulation section 1.415(c)-2(e)(3)(ii), provided that such Compensation is paid by the later of 2 1⁄2 months after termination from employment or the end of the limitation year in which the termination from employment occurred, and (2) payments of back pay within the meaning of Treasury Regulation section 1.415(c)-2(g)(8).
5.Definitions Applicable to Code Section 415 Limitations:
		
	i.
	Annual Benefit means


		
	1.
	a Pension Allowance, payable annually, in the form of a straight life annuity.  Except as provided below, a Pension Allowance that is payable 




86


Exhibit  10.1.1



in a form other than a straight life annuity will be adjusted to an actuarially equivalent straight life annuity that begins at the same time as the other form of Pension Allowance and is payable on the first day of each month, before applying the Code Section 415 Limitations.  For a Participant who has or will have distributions commencing at more than one Annuity Starting Date, the Annual Benefit will be determined as of each Annuity Starting Date (sometimes referred to as the “ASD”), and must satisfy the Code Section 415 Limitations as of each ASD date, actuarially adjusting for past and future distributions of Pension Allowances commencing at the other ASDs.
		
	2.
	In determining the Annual Benefit, no actuarial adjustment to the Pension Allowance will be made for: (a) benefits payable to a Surviving Spouse under a qualified joint and survivor annuity to the extent such benefits would not be payable if the Participant’s Pension Allowance were paid in another form; (b) benefits that are not directly related to retirement benefits, such as a qualified disability benefit or preretirement incidental death benefits; or (c) the inclusion in the form of a Pension Allowance of an automatic benefit increase feature, provided the form of benefit is not subject to Code Section 417(e)(3) and would otherwise satisfy the Code Section 415 Limitations.  The amount payable under the form of benefit in any Plan Year will not exceed the Code Section 415 Limitations applicable at the ASD, as increased in subsequent years pursuant to Code Section 415(b).  An automatic benefit increase feature is included in a form of Pension Allowance if the form of Pension Allowance provides for automatic, periodic increases to the Pension Allowance paid in that form.


		
	3.
	The determination of the Annual Benefit shall take into account social security supplements described in Code Section 411(a)(9) and benefits transferred from another defined benefit plan, other than transfers of distributable benefits pursuant $1.411(d)-4, Q&A-3(c), of the Income Tax Regulations, but does not include benefits attributable to employee contributions or rollover contributions.  


		
	4.
	The determination of actuarial equivalence of forms of a Pension Allowance other than a straight life annuity in determining whether the 




87


Exhibit  10.1.1



Annual Benefit exceeds the Maximum Permissible Benefit will be made in accordance with section (5) or section (6) of the Plan, below.
		
	5.
	Optional forms not subject to Code Section 417(e)(3): The straight life annuity that is actuarially equivalent to the Participant’s form of Pension Allowance will be determined under this section if the form of the Participant’s Pension Allowance is either: (1) a nondecreasing annuity, other than a straight life annuity, payable for a period of not less than the life of the Participant or in the case of a qualified pre-retirement survivor annuity, the life of the Surviving Spouse; or (2) an annuity that decreases during the life of Participant merely because of: (a) the death of the survivor annuitant (but only if the reduction is not below 50% of the benefit payable before the death of the survivor annuitant); or (b) the cessation or reduction of social security supplements or qualified disability payments (as defined in Code Section 401 (a)(11)).  The actuarially equivalent straight life annuity is equal to the greater of: (1) the annual amount of the straight annuity payable to the Participant commencing at the same Annuity Starting Date as the Participant’s form of Pension Allowance; and (2) the annual amount of the straight life annuity commencing at the same Annuity Starting Date that has the same actuarial present value as the Participant’s form of Pension Allowance, computed using a 5% interest rate assumption and the applicable IRS Mortality Table.


		
	6.
	Optional forms subject to Code Section 417(e)(3): The straight life annuity that is actuarially equivalent to the Participant’s form of Pension Allowance will be determined under this Section if the form of the Participant’s Pension Allowance is other than a benefit form described in section (5) above.  In this case, the actuarially equivalent straight life annuity shall be determined as follows.  If the ASD of the Participant’s form of Pension Allowance is in a Plan Year beginning after 2005, the actuarially equivalent straight life annuity is equal to the greatest of: (I) the annual amount of the straight life annuity commencing at the same Annuity Starting Date that has the same actuarial present value as the Participant’s form of Pension Allowance, computed using the IRS Interest Rate and the IRS Mortality Table for adjusting benefits in the 




88


Exhibit  10.1.1



same form; (II) the annual amount of the straight life annuity commencing at the same Annuity Starting Date that has the same actuarial present value as the Participant’s form of Pension Allowance, computed using a 5.5 percent interest rate assumption and the IRS Mortality Table; and (III) the annual amount of the straight life annuity commencing at the same Annuity Starting Date that has the same actuarial present value as the Participant’s form of Pension Allowance, computed using the IRS Interest Rate and the IRS Mortality Table divided by 1.05.
		
	ii.
	Defined Benefit Compensation Limitation means 100% of a Participant’s “High Three-Year Average Compensation,” as defined below, payable in the form of a straight life annuity.  In the case of a Participant who has had a Severance, the Defined Benefit Compensation Limitation applicable to the Participant in any Plan Year beginning after the date of the Severance shall be automatically adjusted by multiplying the limitation applicable to the Participant in the prior Plan Year by the annual adjustment factor under Code Section 415(d) that is published in the Internal Revenue Bulletin. The adjusted compensation limit shall apply to Plan Years ending with or within the calendar year of the date of the adjustment, but a Participant's benefits shall not reflect the adjusted limit prior to January 1 of that calendar year.  In the case of a Participant who is rehired after a Severance, the Defined Benefit Compensation Limitation is the greater of 100% of the Participant's High Three-Year Average Compensation, as determined prior to the Severance, as adjusted pursuant to the preceding paragraph, if applicable, or 100% of the Participant's High Three-Year Average Compensation, as determined after the Severance. 


		
	iii.
	Formerly Affiliated Plan of the Employer means a plan that, immediately prior to the cessation of affiliation, was actually maintained by the Employer and immediately after the cessation of affiliation, is not actually maintained by the Employer.  Cessation of affiliation means the event that causes an entity to no longer be considered the Employer, such as the sale of a member controlled group of corporations, as defined in § 414(b) of the Internal Revenue Code, as modified by § 415(h) to an unrelated corporation, or that causes a plan to not actually be maintained by the employer, such as transfer of plan sponsorship outside a controlled group.




89


Exhibit  10.1.1



		
	iv.
	High Three-Year Average Compensation means the average Compensation for the three consecutive years of service or, if the Participant has less than three consecutive years of service, the Participant’s longest consecutive period of service that produces the highest average.  In the case of a Participant who is rehired after a Severance, the Participant's High Three Year Average Compensation shall be calculated excluding all years for which the Participant performs no services for and receives no compensation from the Employer (the break period) and by treating the years immediately preceding and following the break period as consecutive. A Participant's compensation for a Year of Service shall not include compensation in excess of the limitation under Code Section 401(a)(17) that is in effect for the calendar year in which such year of service begins.


		
	v.
	Maximum Permissible Benefit means the lesser of the Defined Benefit Dollar Limitation or the Defined Benefit Compensation Limitation, both adjusted where required.  Adjustments are made for less than 10 years of participation, for Annuity Starting Dates before age 62, and for Annuity Starting Dates after age 65.


		
	1.
	Adjustment of Defined Benefit Dollar Limitation for ASD Before Age 62:  If the ASD for the Participant's Pension Allowance is prior to age 62 and occurs in a Plan Year beginning before July 1, 2007. the Defined Benefit Dollar Limitation for the Participant's ASD is the annual amount of a Pension Allowance payable in the form of a straight life annuity beginning at the Participant's ASD that is the actuarial equivalent of the Defined Benefit Dollar Limitation (adjusted for years of participation less than 10) with actuarial equivalence computed using whichever of the following produces the smaller annual amount: (1) the interest rate specified in the plan and the IRS mortality table or (2) a 5-percent interest rate assumption and the IRS mortality table.  


		
	2.
	If the ASD for the Participant’s Pension Allowance is prior to age 62 and occurs after July 1, 2007, the Defined Benefit Dollar Limitation for the Participant's ASD is the lesser of the limitation determined under section 4.09(b)(v)(1), and the Defined Benefit Dollar Limitation (adjusted years of participation less than 10) multiplied by the ratio of the annual amount of the immediately commencing straight life annuity at the Participant's ASD to the annual amount of the immediately commencing straight life annuity at age 62, both determined without applying the limitations of this article.




90


Exhibit  10.1.1



		
	3.
	 Adjustment of Defined Benefit Dollar Limitation for ASD before Age 62:  Plan Years Beginning Before July 1, 2007.  If the ASD for the Participant's Pension Allowance is prior to age 62 and occurs before July 1, 2007. the Defined Benefit Dollar Limitation for the Participant's ASD is the annual amount of a benefit payable in the form of a straight life annuity commencing at the Participant's ASD that is the actuarial equivalent of the Defined Benefit Dollar Limitation (adjusted for years of participation less than 10) with actuarial equivalence computed using whichever of the following produces the smaller annual amount: (1) the interest rate specified in section of the plan and the IRS mortality table, or (2) a 5% interest rate assumption and the IRS mortality table.  


		
	4.
	If the ASD for the Participant's Pension Allowance is prior to age 62 and occurs in after July 1, 2007, the Defined Benefit Dollar Limitation for the Participant's ASD is the lesser of the limitation determined under section 6.9(b)(i)II.A. and the Defined Benefit Dollar Limitation (adjusted for years of participation less than 10) multiplied by the ratio of the annual amount of the immediately commencing straight life annuity at the Participant's ASD to the annual amount of the immediately commencing straight life annuity at age 62, both determined without applying the limitations of this article.


		
	5.
	Adjustment of Defined Benefit Dollar Limitation for Benefit Commencement after Age 65:  Plan Years Beginning Before July 1, 2007.  If the ASD for the Participant's Pension Allowance is after age 65 and occurs before July 1, 2007, the Defined Benefit Dollar Limitation for the Participant's ASD is the annual amount of a benefit payable in the form of a straight life annuity commencing at the Participant's ASD that is the actuarial equivalent of the Defined Benefit Dollar Limitation (adjusted for years of participation less than 10) with actuarial equivalence computed using whichever of the following produces the smaller annual amount: (1) _____ (2) a 5% interest rate assumption and the IRS Mortality Table.


		
	6.
	If the Annuity Starting Date for the Participant's benefit is after age 65 and occurs in a Limitation Year after July 1, 2007. The Defined Benefit Dollar Limitation at the Participant's Annuity Starting Date is the lesser of the Defined Benefit Dollar Limitation (adjusted for years of participation less than 10) multiplied by the ratio of the annual amount of the adjusted 




91


Exhibit  10.1.1



immediately commencing straight life annuity at the Participant's Annuity Starting Date to the annual amount of the adjusted immediately commencing straight life annuity at age 65, determined without applying the limitations of this article.  For this purpose, the adjusted immediately commencing straight life annuity at the Participant's Annuity Starting Date is the annual amount of such annuity payable to the Participant, computed disregarding the Participant's accruals after age 65 but including actuarial adjustments even if those actuarial adjustments are used to offset accruals. The adjusted immediately commencing straight life annuity at age 65 is the annual amount of such annuity that would be payable under the plan to a hypothetical Participant who is age 65 and has the same accrued benefit as the Participant.
		
	7.
	Notwithstanding the other requirements, no adjustment is made to the Defined Benefit Dollar Limitation to reflect the probability of a Participant's death between the Annuity Starting Date and age 62, or between age 65 and the Annuity Starting Date, if benefits are not forfeited upon the death of the Participant prior to the Annuity Starting Date. If benefits are forfeited upon death before the Annuity Starting Date, such an adjustment is made.  No forfeiture will be treated as occurring upon the Participant's death if the Plan does not charge Participants for providing a qualified preretirement survivor annuity, upon the Participant's death.


4.10    Transfers and Employment With an Affiliate
a.If a Participant becomes (i) employed by an Employer in any capacity other than as an Eligible Employee; (ii) employed by the Company or an Affiliate who is not an Employer; or (iii) a Leased Employee, he or she will retain any Accredited Service he or she has under this Plan but will not accrue additional Accredited Service.  Upon his or her later retirement or termination of employment with the Company or an Affiliate (or upon benefit commencement in the case of a Leased Employee), any benefits to which the Participant is entitled under the Retirement Plan shall be determined under the Plan provisions in effect on the date he or she ceased to be on the active payroll of an Employer and an Eligible Employee and only on the basis of his or her Accredited Service accrued while he or she was an Eligible Employee.
b.Subject to the Break in Service provisions of Article 3, and except as provided in an Appendix to the Retirement Plan, in the case of a person who was originally employed by or providing services to the Company or an Affiliate as a Leased Employee or in any capacity other 


92


Exhibit  10.1.1



than as an Eligible Employee and thereafter becomes a Participant, upon his or her later retirement or termination of employment, the benefits payable under the Retirement Plan shall be computed under the Plan provisions in effect at that time, and only on the basis of the Accredited Service accrued while he or she is an Eligible Employee.
c.If a CECONY Participant’s Accredited Service consists of Accredited Service as a CECONY Management Participant and as a CECONY Weekly Participant prior to January 1, 2001, his or her Pension Allowance shall be calculated as if he or she were credited with Accredited Service under one Prior Retirement Plan.  The Pension Allowance of such Participant shall be calculated under the benefit formula applicable to such Participant as of his or her termination of employment with the Company or an Affiliate.
d.Transferred 2001-2008 Participant -  This provision is effective January 1, 2009, and applies only to a CECONY Weekly Participant or an O&R Hourly Participant, first hired on and after January 1, 2001, who transfers to the management payroll of CECONY or O&R, respectively, during the period beginning January 1, 2001, and ending December 31, 2008 (“Transferred 2001-2008 Participant”).  The intent of this provision is to cover a closed and small group of participants who were first hired after January 1, 2001, as a member of Local 1-2, Local 3, or Local 503, and then transferred to a management position before January 1, 2009.   
The Transferred 2001-2008 Participant will have his or her pension allowance computed using a benefit formula other than the cash balance formula; however, if such Transferred 2001-2008 Participant experiences a break in employment, this special treatment does not apply after the break in employment.  
Beginning on the date of transfer, a Transferred 2001-2008 Participant who was a CECONY Weekly Participant will accrue a pension under the final average pay formula applicable to a CECONY Management Participant who was hired after January 1, 1990 and before January 1, 2001.   Beginning on the date of transfer, a Transferred 2001-2008 Participant who was an O&R Hourly Participant will accrue a pension under the career average pay formula applicable to an O&R Management Participant who was hired before January 1, 2001.  A Transferred 2001-2008 Participant will have his or her terms, conditions, benefits, rights, and features determined based on the terms, conditions, benefits, rights and features as a CECONY Management Participant or an O&R Management Participant, as applicable.  
If the Company, Employer, or Plan Administrator makes or is authorized to make a change to, amends, reduces, modifies, or terminates the formula for a CECONY Management Participant who was hired after January 1, 1990 and before January 1, 2001 or an O&R Management Participant who was hired before January 1, 2001 for any reason or no reason, the 


93


Exhibit  10.1.1



Transferred 2001-2008 Participant’s pension allowance will be subject to and affected by the same change, amendment, reduction, modification or termination.   
A Transferred 2001-2008 Participant, who terminated employment after January 1, 2008, and who had at least three but less than five Years of Service, will be fully vested in his or her Pension Allowance.  
4.11    Minimum Benefits    In no event shall the benefit payable to a Participant who was an Eligible Employee on the Effective Date of this amendment and restatement of the Plan be less than the amount, if any, payable under the minimum benefit provisions in effect immediately prior thereto.  In accordance with Code Section 411(a)(9), a Participant’s normal retirement Pension Allowance will be the greater of an early retirement Pension Allowance or the Pension Allowance commencing at Normal Retirement Age.  
4.12    Additional Provisions For additional provisions applicable to certain Participants, see the following Appendices:
		
	a.
	Appendix C-    For provisions applicable to O&R Participants transferred to or hired by CECONY or a CEI Affiliate.


		
	b.
	Appendix D-    For provisions applicable to Participants employed at facilities purchased from Western Massachusetts Electric Company.


		
	c.
	Appendix G-    For provisions applicable to a special adjustment in the Pension Allowance of certain Participants.


		
	d.
	Appendix H-    For provisions applicable to certain CECONY Participants at fossil-fueled divested operations.


		
	e.
	Appendix I-    For provisions applicable to O&R Participants under O&R’s Pension Protection Program.


		
	f.
	Appendix J-    For provisions applicable to certain CECONY Participants and CEI Participants at divested nuclear operations.


		
	g.
	Appendix K-    For provisions applicable to CECONY Support Employees Re: Voluntary Retirement Incentive - Support Organizations


		
	h.
	Appendix L-    For provisions showing illustrative calculations of the pension benefit adjustment for O&R Participants.


		
	i.
	Appendix M-    For provisions applicable to certain Participants employed at the Lakewood facilities.








94


Exhibit  10.1.1



Article V
Automatic Form of Payment
5.01    Automatic Form of Payment
a.CEI Participants
		
	1.
	Unmarried Participant  If a CEI Participant is not married on his or her 


Annuity Starting Date, his or her Pension Allowance will be payable in monthly installments ending with the monthly payment for the month in which the CEI Participant dies.  An unmarried CEI Participant may also elect an optional form of benefit.  The CEI Participant’s Cash Balance Accumulated Benefit will be converted into a single life annuity based on the IRS Interest Rate and IRS Mortality Table in effect as of the Annuity Starting Date.
		
	2.
	Married Participant  If a CEI Participant is married on his or her Annuity Starting 


Date, and if he or she has not elected an optional form of benefit, the Pension Allowance will be the Actuarial Equivalent of a single life annuity based on the IRS Interest Rate and IRS Mortality Table.  His or her Pension Allowance will be converted and the qualified joint and 50% survivor annuity will be payable as a qualified joint and 50% survivor annuity, providing for a Pension Allowance payable during the life of the Participant and, after his or her death, one-half of that Pension Allowance payable during the life of, and to, his or her Surviving Spouse.
		
	3.
	Small Benefit  In the event the Cash Balance Account immediately payable to a CEI 


Participant or his or her Surviving Spouse or Beneficiary has a value of $5,000 or less, or beginning for distributions after March 28, 2005, $1,000, such value shall be paid in a Cash Balance Single Lump Sum to the CEI Participant, Surviving Spouse or Beneficiary in lieu of any other benefit under the Retirement Plan.
		
	b.
	CECONY Participants


		
	1.
	Unmarried Participant  If a CECONY Participant is not married on his or her Annuity 


Starting Date, his or her Pension Allowance will be payable in monthly installments ending with the last monthly payment for the month in which the CECONY Participant dies.  An unmarried CECONY Participant may elect an optional form of benefit.
		
	2.
	Married Participant  If a CECONY Participant is married on his or her Annuity Starting 


Date, and if he or she has not elected an optional form of benefit, the Pension Allowance payable shall be in the form of a qualified joint and survivor annuity, providing for a Pension Allowance during the life of the Participant and after his or her death, one half of that Pension Allowance payable during the life of, and to, the Participant’s Surviving Spouse.  A CECONY Weekly Participant -1, who is married on his or her Annuity Starting Date and has not elected an optional form of benefit, will receive a reduced Pension Allowance during his or her life.  If the 


95


Exhibit  10.1.1



CECONY Weekly Participant-1 dies before his or her Spouse, his or her Surviving Spouse will receive for life, one half of that reduced Pension Allowance.  
		
	3.
	Small Pension Allowance  In the event that a Pension Allowance has a present value 


of, $1,000, or less, the present value shall be paid in a single lump sum to the CECONY Participant or Surviving Spouse, in lieu of the Pension Allowance or annuity otherwise payable.  The calculation of the present value of a Pension Allowance, for the purpose of the foregoing sentence, shall be made on the basis of the Consolidated RPA ’94 Lump Sum Conversion Factor for the Participant’s age, as in effect for the month in which payment is to be made. The resulting amount shall not be less than the present value of the annual Pension Allowance determined in accordance with the applicable benefit formula set forth in Appendix F, Section F.1 or F.2 taking into account only the Participant’s employment and Annual Compensation prior to January 1, 1997, calculated on the basis of the lump sum factors set forth in Table B of Appendix A and the Participant’s age as of the date of determination.
		
	4.
	CECONY Management Participant Tier 1 Effective January 1, 2013, a CECONY


Management Participant Tier 1, who is married on his or her Annuity Starting Date and has not elected an optional form of benefit, will receive a reduced Pension Allowance during his or her life.  If a CECONY Management Participant Tier 1 dies before his or her Spouse, his or her Surviving Spouse will receive for life, one half of that reduced Pension Allowance.  The reduced Pension Allowance will equal the sum of (1) the Pension Allowance of the CECONY Management Participant Tier 1 calculated as of December 31, 2012 (“Pre 2013 Accrued Benefit”) and (2) the Pension Allowance of the CECONY Management Participant Tier 1 calculated beginning January 1, 2013 until his or her termination of employment, retirement, date of death or Annuity Starting Date, whichever is applicable (“Post 2012 Accrued Benefit”).  The Post 2012 Accrued Benefit, when converted from a single life annuity to the qualified joint and 50% survivor annuity, will be actuarial equivalent of the single life annuity.  The Pre 2013 Accrued Benefit will not be reduced when converted into the qualified joint and 50% survivor annuity.
		
	5.
	Effective July 1, 2014, a CECONY Weekly Participant who (i) is a member of Local 3


(ii) was hired before June 26, 2005, and (iii) is covered under the Final Average Pay Formula or the Total Pay Formula, will have as his or her normal form of benefit that part of his or her pension benefit allowance that accrues after June 30, 2014 (“Post-June 2014 Pension Accruals”) calculated as follows.  Effective July 1, 2014, for the part of the pension benefit allowance that is attributable to the Post-June 2014 Pension Accruals, the normal form of pension benefit allowance for such a Local 3 married CECONY Weekly Participant will be a qualified joint and 


96


Exhibit  10.1.1



50% survivor annuity that is the actuarial equivalent of the single life annuity.  If such CECONY Weekly Participant elects an optional form of payment, the part of his or her pension benefit allowance attributable to the Post-June 2014 Pension Accruals will also be the actuarial equivalent, as set forth in the applicable Table in Appendix A, of the single life annuity.
c.O&R Participants
		
	1.
	Unmarried Participant  If an O&R Participant is not married on his or her Annuity 


Starting Date, his or her Pension Allowance shall be payable in monthly installments ending with the monthly payment for the month in which the O&R Participant dies.  An unmarried O&R Participant may elect an optional form of benefit.
		
	2.
	Married Participant  If an O&R Participant is married on his or her Annuity Starting 


Date, and if he or she has not elected an optional form of benefit as provided in Section 5.02, his or her Pension Allowance shall be the Actuarial Equivalent of a single life annuity payable in the form of a qualified joint and survivor annuity. The qualified joint and survivor annuity is a Pension Allowance payable to the O&R Participant during his or her life, and after his or her death, one-half of that Pension Allowance payable during the life of, and to, his or her Surviving Spouse.
		
	3.
	Small Pension Allowance  If a pension Allowance has a present value of $1,000 or 


less, such present value shall be paid in a single lump sum to the O&R Participant or Surviving Spouse, in lieu of the Pension Allowance or annuity otherwise payable.  The calculation of the present value of a Pension Allowance, for the purpose of the foregoing sentence, will be the IRS Mortality Table and the IRS Interest Rate .  Effective January 1, 2009, the calculation of the present value of a Pension Allowance, for the purpose of this paragraph, will be based on the IRS Mortality Table in effect on the date of distribution and the interest rate will be the lesser of five percent or the IRS Interest Rate.  
d.Small Pension Allowance Special Rules for All Participants 
The determination as to whether a lump sum payment is less than $1,000 shall be made as soon as practicable following a Participant’s termination of employment or death.  To the extent permitted by law, if the present value of a Pension Allowance exceeds $1,000, upon an initial determination as to its present value, the present value of the Pension Allowance shall be re-determined annually as of the first day of each subsequent Plan Year.  Any lump sum benefit payable shall be made as soon as practicable following the determination that the amount qualifies for distribution under the provisions of this paragraph.  In the event a Participant is not entitled to any Pension Allowance upon his or her termination of employment, he or she shall be deemed cashed-out as of the date he or she terminated service.  If a non-vested Participant who is deemed cashed-out is subsequently re-employed under circumstances where the 


97


Exhibit  10.1.1



Participant’s prior service is restored, he or she shall be deemed to have repaid such amount together with interest.
5.02    Optional Forms of Payment
a.CEI Participant  A CEI Participant may, subject to the provisions of Section 5.03, elect to receive his or her benefit in the form of a Cash Balance Single Sum Payment in lieu of any other benefit under the Retirement Plan.
b.CECONY Participant and CEI Participant
		
	1.
	Optional Forms  Unless specifically stated otherwise,  an unmarried CECONY Participant and an unmarried CEI Participant may, subject to the provisions of Section 5.03, elect to convert the Pension Allowance otherwise payable to him or her in the normal form of a single life annuity into an Actuarially Equivalent Benefit.  A married CECONY Participant and a married CEI Participant may elect to convert his or her Pension Allowance payable in the normal form as a qualified joint and 50% surviving spouse annuity, into an optional benefit. The applicable factors for converting the single life annuity or the qualified joint and 50% surviving spouse annuity into an optional form are set forth in Appendix A.


A married CECONY Management Participant -Tier 1 may elect to convert his or her Pension Allowance payable in the normal form as a qualified joint and 50% surviving spouse annuity, into an optional benefit.  The applicable factors for converting the Post 2013 Accrued Benefit, as well as the Pre 2013 Accrued Benefit into an optional form are set forth in Appendix A.
		
	2.
	Twelve Year Certain and Life Annuity Option  This form provides a modified Pension Allowance payable during the CECONY or CEI Participant’s life, reduced by the appropriate factor in Appendix A, for such married or unmarried CECONY or CEI Participant.  If an unmarried CECONY or CEI Participant dies within the first 144 months after his or her Annuity Starting Date, the balance of those 144 monthly payments will be paid to one or more primary Beneficiaries named by him or her when he or she elected the option.  If the Participant failed to designate a Beneficiary, the remainder is payable to the Participant’s estate.  If the Participant named a primary but not contingent Beneficiary and the primary Beneficiary predeceases the Participant, then the remaining payments will be payable to the Participant’s estate.  If the designated primary Beneficiary does not survive the full 144 months following the Participant’s Annuity Starting Date and the Participant does not or did not name a contingent Beneficiary, then the remaining payments will 




98


Exhibit  10.1.1



be payable to the designated primary Beneficiary’s estate.  In the case of a married CECONY or CEI Participant, the remaining payments will go to the Surviving Spouse, or if the Surviving Spouse does not survive the full 144 months following the Participant’s Annuity Starting Date, to one or more Beneficiaries named by such Participant.  So long as the primary or, if applicable, contingent, Beneficiary survivors the Participant, the Beneficiary’s estate will receive any of the 144 guaranteed payments which remain to be paid following the death of the Beneficiary.  The Retirement Plan may, in its discretion, upon the request of the legal representative of the estate, pay to the estate the present value of all remaining payments, discounted by the rate utilized to calculate the appropriate factors set forth in the applicable Appendix A as in effect on the date of the Participant’s death.  If the Surviving Spouse is the Beneficiary, the Surviving Spouse will receive a Surviving Spouse annuity equal to 50% of the amount of the reduced twelve year certain annuity, commencing on the later of the expiration of the 144-month period or the Participant’s death.  
		
	3.
	Twelve Year Certain and Life Annuity - - CECONY Weekly Participant-1 and CECONY Management Participant Tier 1:  A married CECONY Weekly Participant -1 may elect this 12 -Year Certain and Life Annuity Option and designate someone other than his or her spouse as the Beneficiary.  If the CECONY Weekly Participant -1 dies within 144 months after his or her Annuity Starting Date, the balance of the 144 monthly payments will be paid to his or her Beneficiaries, as provided above.  In order for a married CECONY Weekly Participant -1 to elect this option, his or her spouse must both consent to the waiver of his or her Surviving Spouse annuity and, if applicable, to the designation of another Beneficiary. 


Effective January 1, 2013, a married CECONY Management Participant Tier 1 may elect this 12-Year Certain and Life Annuity Option and designate someone other than his or her spouse as the Beneficiary.  If the CECONY Management Participant Tier 1 dies within 144 months after his or her Annuity Starting Date, the balance of the 144 monthly payments will be paid to his or her Beneficiaries, as provided above.  In order for a married CECONY Management Participant Tier 1 to elect this option, his or her spouse must consent to both the waiver of his or her Surviving Spouse annuity and, if applicable, to the designation of another Beneficiary.  If a CECONY Management Participant Tier 1 elects this option, his or 


99


Exhibit  10.1.1



her Pre 2013 Benefit includes a protected subsidized 50% joint and surviving spouse annuity.  
		
	4.
	Joint and 100% Surviving Spouse Annuity  A reduced Pension Allowance payable during the Participant’s life, and after his or her death,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     the same reduced amount payable during the life of, and to, his or her Surviving Spouse.  At the election of the Participant, the option may include a pop-up feature, as described below:


		
	i.
	If the Participant does not elect the pop-up feature, then the amount payable for the life of the Participant shall be equal to the reduced Pension Allowance otherwise payable to the Participant, as such is reduced by the appropriate factor in Appendix A.   The Surviving Spouse shall receive for his or her life an annuity equal to the reduced amount payable to the Participant (before giving effect to any option elected under Section 5.02(b)(3) below).


		
	ii.
	If the Participant elects the pop-up feature, then the amount payable to the Participant during the period that both the Participant and his or her spouse are alive shall be the reduced Pension Allowance otherwise payable to the Participant, as such is reduced by the appropriate factor in Appendix A.  The amount payable to the Participant during any period subsequent to the death of his or her spouse shall be equal to the Pension Allowance otherwise payable to the Participant in the absence of an election under this paragraph.


		
	5.
	Joint and 75% Surviving Spouse Annuity   Effective January 1, 2008, a Participant may elect a Joint and 75% Surviving Spouse Annuity.  This optional form of Pension Allowance is a reduced Pension Allowance payable during the Participant’s life.  After his or her death, 75% of his or her reduced Pension Allowance is payable during the life of, and to, his or her Surviving Spouse.  At the election of the Participant, the option may include a pop-up feature, as described below:


		
	i.
	If the Participant does not elect the pop-up feature, then the amount payable for the life of the Participant shall be equal to the reduced Pension Allowance otherwise payable to the Participant, as such is reduced by the appropriate factor in Appendix A.  The Surviving Spouse shall receive for his or her life an annuity equal to the 75% of the reduced amount payable to the 




100


Exhibit  10.1.1



Participant (before giving effect to any option elected under Section 5.02(b)(3) below).
		
	ii.
	If the Participant elects the pop-up feature, then the amount payable to the Participant during the period that both the Participant and his or her spouse are alive shall be the reduced Pension Allowance otherwise payable to the Participant, as such is reduced by the appropriate factor in Appendix A.  The amount payable to the Participant during any period subsequent to the death of his or her spouse shall be equal to the Pension Allowance otherwise payable to the Participant in the absence of an election under this paragraph.


		
	6.
	Level Income Option


		
	i.
	Subsections (1) through (5) apply to a Level income option distribution that begins before January 1, 2005.


1.A Participant who’s Annuity Starting Date precedes his or her Social Security Retirement Age may elect to receive his or her Pension Allowance under the Level Income Option.  He or she may further elect as a leveling month, for purposes of (ii) below, either the month following the month in which he or she reaches age 62 or the earliest month for which he or she is eligible to receive unreduced Social Security benefits (“Leveling Month”).  The election of this option may be made in addition to an election for a Twelve Year Certain and Life Option or a Joint and 100% Surviving Spouse Annuity, as referred to above.
2.If a Participant elects this option, the amount payable to him or her during the period commencing with his or her Annuity Starting Date and ending with the month prior to the Leveling Month shall be increased from the otherwise payable Pension Allowance. The amount payable during the period commencing with the Leveling Month and ending in the month of the Participant’s death shall be decreased from the Pension Allowance otherwise payable to the Participant, in both cases, based on factors specified in Appendix A.  The present value of the benefit payable under this option shall be equal to the present value of the Pension Allowance otherwise payable to the Participant, determined on the actuarial bases specified in Appendix A.


101


Exhibit  10.1.1



3.The amounts payable under this option shall be determined on the basis of an estimate of the Social Security benefit that the Participant would be eligible to commence to receive in the Leveling Month. The amount payable for the month next preceding the Leveling Month shall be approximately equal to the sum of the amount payable for the Leveling Month plus the estimated Social Security benefit commencing in the Leveling Month, without taking into account any prospective cost of living adjustment pursuant to Section 11.02 of the Retirement Plan.
4.The amount payable to the Participant under this option shall not be adjusted after the Participant’s Annuity Starting Date, and prior to the Leveling Month, regardless of any difference between the estimate taken into account in the determination thereof and the Social Security benefits actually paid or payable to the Participant, and regardless of whether the Participant elects to commence receipt of Social Security benefits in any month other than the Leveling Month.  Commencing in the Leveling Month, the amount payable to a Participant shall be reduced by an amount equal to the product of (I) the estimated Social Security benefit taken into account for purposes of subparagraph (iii) and (II) a fraction, the numerator of which shall be the amount payable to the Participant in the month next preceding the Leveling Month, taking into account any cost of living adjustments pursuant to Section 11.02, and the denominator of which shall be the amount determined to be payable as of the Participant’s Annuity Starting Date, in accordance with subparagraph (ii) above.
5.If a Participant who elects to receive his or her Pension Allowance under this Leveling Income option, has also made an election to receive either a Twelve Year Certain and Life Option,  a Joint and 100% Survivor Spouse Annuity Option, or a Joint and 75% Survivor Spouse Annuity Option, then the amount of Pension Allowance taken into account in the determination under subparagraph (iii) above shall be the amount payable to the Participant after giving effect to his or her otherwise Pension Allowance amount.  In such event, the Participant’s election to receive his or her Pension Allowance under this option shall have no effect on the amount payable to his or her Surviving Spouse or Beneficiary under any other election he or she has made.  In the event that the amount payable to a 


102


Exhibit  10.1.1



Participant who has elected to receive his or her Pension Allowance under this option and also made an election to receive a Joint and 100% Surviving Spouse Annuity or a Joint and 75% Surviving Spouse Annuity with a Pop-Up Feature is increased on account of the death of his or her spouse, the amount of such increase shall be disregarded for purposes of subparagraph (iv).
		
	ii.
	Subsection (1) and (2) apply to a level income option distribution that begins on and after January 1, 2005.


1.Effective for distributions commencing on and after January 1, 2005, the total amount of a Pension Allowance payable as a Level Income Option will be determined on the basis of the IRS Mortality Table and the Adjusted IRS Interest Rate, as in effect for the Participant’s “reference Annuity Starting Date” and, if applicable, in accordance with subsection (ii) below.  If the Participant is a CECONY Local 3-1 Employee who elects the Level Income Option, his or her Pension Allowance will be determined based on the IRS Mortality Table and the IRS Interest Rate as in effect on the Participant’s “reference Annuity Starting Date.”  Solely for purposes of this subsection, a Participant’s “reference Annuity Starting Date” shall be January 1 of the calendar year in which his actual Annuity Starting Date occurs.
2.If a Participant has a Pension Allowance that takes into account Accredited Service before January 1, 2005, the amount of his or her Pension Allowance payable as a Level Income Option will be the greater of (A) the amount of his or her accrued Pension Allowance as of December 31, 2004, and calculated in accordance solely with subsection 5.02(b)(5)(aa), supra, or (B) the amount of his or her total Pension Allowance determined solely in accordance with this subsection 5.02(b)(5)(bb)(i).
If a Participant dies after Pension Allowance payments have commenced, any payments continuing on to his or her Surviving Spouse or Beneficiary shall be distributed at least as rapidly as under the method of distribution being used as of the Participant’s date of death.
		
	7.
	Cash Out Option


		
	i.
	A CECONY Participant who is not a Rule of 75 Participant may elect to receive the Pension Allowance otherwise payable to him or her in the form of a Cash Out.  The election to receive a Cash Out may be made at any 




103


Exhibit  10.1.1



time subsequent to the CECONY Participant's termination of employment, so long as the Participant has made no other election, and prior to the date on which the CECONY Participant becomes a Rule of 75 Participant and will be subject to the provisions of Section 5.03.  A CECONY Participant will not be eligible to receive a Cash Out after he or she has become a Rule of 75 Participant, regardless of whether he or she was a Rule of 75 Participant at the time of his or her termination of employment from the Company or an Affiliate.
		
	ii.
	The Cash Out is a lump sum payment representing the present value of the deferred vested Pension Allowance payable to the Participant, in the form of a single life annuity, at Normal Retirement Date.  Effective January 1, 1997, the amount of a Cash Out will be the greater of (A) the product of the deferred vested Pension Allowance amount determined in accordance with Section 4.05(a) and the Consolidated RPA ’94 Lump Sum Conversion Factor, as in effect for the Participant’s Annuity Starting Date, for the Participant’s age in such month, or (B) the product of the deferred vested Pension Allowance amount determined in accordance with Section 4.05(a), taking into account only the Participant’s employment and Annual Basic Straight-Time Compensation prior to January 1, 1997, and the factor in Appendix A, Section A-1, Table B for the Participant’s age as of his or her Annuity Starting Date.  For the purpose of the foregoing sentence, a Participant’s age in any month shall be his or her age on the birthday nearer in time to the first of such month.


		
	iii.
	In lieu of the Cash Out, a CECONY Participant who is eligible to elect to receive a Cash Out may receive an immediate annuity, commencing in the month in which the Cash Out would otherwise have been payable, in accordance with the provisions of Section 5.03.  The amount of such immediate annuity shall be the amount determined by dividing the Cash Out, computed in accordance with paragraph (i)(A) above, by an annuity conversion factor determined on the basis of the IRS Mortality Table, the Adjusted IRS Interest Rate, and the Participant’s age as of the month of determination.  If the Participant is a CECONY Local 3-1 Employee, the amount of the immediate annuity is determined by dividing the Cash Out by an annuity conversion factor determined on the basis of the IRS Mortality 




104


Exhibit  10.1.1



Table, the IRS Interest Rate and the Participant’s age as of the month of determination.
		
	iv.
	Effective on and after June 1, 2017, a CECONY Management Participant may elect to receive her or his Pension Allowance otherwise payable to her or him in the form of a Cash Out.  This optional form of Pension Allowance is available to each  CECONY Management Participant who has 75 or more points.  If the CECONY Management Participant is entitled, his or her Cash Out will be calculated taking into account an early retirement subsidy.   If the CECONY Management Participant is married at both the time of making the election and the Annuity Starting Date, she or he must have spousal consent.  


		
	v.
	Beginning on and after June 1, 2017, a CECONY Management Participant who has terminated employment and has deferred distribution of his or her Pension Allowance may elect to receive a Cash Out.  




		
	8.
	Single Life Annuity Option


		
	i.
	This optional form of payment is also available to a married CECONY Weekly Participant -1.  A married CECONY Weekly Participant -1 may elect a single life annuity payable for his or her life.  If he or she selects this option, his or her spouse must consent to this form of distribution in accordance with the appropriate election and waiver requirements set forth in Section 5.03. 


		
	ii.
	Effective January 1, 2013, a married CECONY Management Participant Tier 1 may elect a single life annuity payable for his or her life.  If he or she selects this option, his or her spouse must consent to this form of distribution in accordance with the appropriate election and waiver requirements set forth in Section 5.03.  If he or she selects this option, his or her Pre 2013 Benefit includes a protected subsidized 50% joint and surviving spouse annuity.  


c.O&R Participant  
An O&R Participant may, subject to Section 5.03, elect to convert his or her Pension Allowance otherwise payable into an Actuarial Equivalent optional form of benefit, in accordance with one of the options described below.  If a person other than the spouse of the O&R Participant is named as the contingent annuitant under an option, the value of the Pension 


105


Exhibit  10.1.1



Allowance payable to the O&R Participant under the option will in no event be less than fifty-one percent of the total value of the benefits payable to the O&R Participant and contingent annuitant.
		
	1.
	Joint and 100% Survivor Annuity  A modified Pension Allowance payable during the O&R Participant’s life, with the provision that, on his or her death, the modified Pension Allowance shall be paid during the life of, and to, the surviving contingent annuitant who was nominated by the Participant by written designation duly filed with, and receipt acknowledged by, the Plan Administrator when the O&R Participant elected the option.


		
	2.
	Joint and 50% Survivor Annuity  A modified Pension Allowance payable during the O&R Participant's life, with the provision that, after his or her death, a Pension Allowance at one half the rate of his or her modified Pension Allowance shall be paid during the life of, and to, the surviving contingent annuitant who was nominated by him or her by written designation duly filed with, and receipt acknowledged by, the Plan Administrator when he or she elected the option.  This is the normal form of payment of the Normal Retirement Allowance for an O&R Participant who is married on his or her Annuity Starting Date, with the Participant’s spouse as contingent annuitant, as provided in Section 5.01(c).


		
	3.
	Joint and 100% Survivor Annuity with Pop-Up Feature  A modified Pension Allowance payable during the O&R Participant's life, with the provision that, on his or her death, it shall be paid during the life of, and to, the contingent annuitant nominated by him or her by written designation duly filed with, and receipt acknowledged by, the Plan Administrator when he or she elected the option, if the contingent annuitant is surviving at the time of the O&R Participant’s death.  If the designated contingent annuitant predeceases the O&R Participant, the Pension Allowance payable to the O&R Participant for months following the death of the contingent annuitant will increase to the Pension Allowance payable for the O&R Participant's life with no further benefits payable following the O&R Participant’s death.


		
	4.
	Joint and 50% Survivor Annuity With Pop-Up Feature  A modified Pension Allowance payable during the O&R Participant’s life, with the provision that after his or her death a Pension Allowance at one-half the rate of his or her modified Pension Allowance will be paid during the life of, and to, the contingent annuitant nominated by him or her by written designation duly filed with, and receipt 




106


Exhibit  10.1.1



acknowledged by, the Plan Administrator when he or she elected the option, if the contingent annuitant is surviving at the time of the O&R Participant's death.  If the designated contingent annuitant predeceases the O&R Participant, the Pension Allowance payable to the O&R Participant for months following the death of the contingent annuitant will increase to the Pension Allowance payable for the O&R Participant's life with no further benefits payable following the O&R Participant's death.
		
	5.
	Joint and 75% Survivor Annuity  A modified (reduced) Pension Allowance payable during the O&R Participant’s life, with the provision that, on his or her death, 75% of the modified Pension Allowance shall be paid during the life of, and to, the surviving contingent annuitant who was nominated by the Participant by written designation duly filed with, and receipt acknowledged by, the Plan Administrator when the O&R Participant elected the option.  


		
	6.
	Joint and 75% Survivor Annuity With Pop-Up Feature  A modified (reduced) Pension Allowance payable during the O&R Participant’s life, with the provision that after his or her death a Pension Allowance at 75% the rate of his or her modified Pension Allowance will be paid during the life of, and to, the contingent annuitant nominated by him or her by written designation duly filed with, and receipt acknowledged by, the Plan Administrator when he or she elected the option, if the contingent annuitant is surviving at the time of the O&R Participant’s death.  If the designated contingent annuitant predeceases the O&R Participant, the Pension Allowance payable to the O&R Participant for months following the death of the contingent annuitant will increase to the Pension Allowance payable for the O&R Participant’s life with no further benefits payable following the O&R Participant’s death.


		
	7.
	Option Forms Use of Actuarial Tables  The optional forms of benefit amounts set forth for an O&R Participant will be calculated in accordance with the actuarial tables in Appendix A, Section A-2, Tables A through F.


		
	8.
	Effective on and after June 1, 2017, an O&R Management Participant may elect to receive her or his Pension Allowance otherwise payable to her or him in the form of a Cash Out.  The election to receive a Cash Out may be made at any time subsequent to the O&R Management Participant's termination of employment, so long as the O&R Management Participant has made no other election.  If the O&R Management Participant is married at both the time of making the election and the 




107


Exhibit  10.1.1



Annuity Starting Date, she or he must have spousal consent.  
		
	9.
	An O&R Management Participant who, as of June 1, 2017, has deferred  and has not begun to receive her or his Pension Allowance may elect to receive a Cash Out.  




5.03    Election of Options
a.No Consent for Certain Options   A married Participant’s election of any option is effective only if Spousal Consent to the election is received by the Plan Administrator.   However, Spousal Consent is not required if:
1.the option provides for monthly payments to his or her spouse for life after the Participant’s death, in an amount equal to at least 50% but not more than 100% of the monthly amount payable under the option to the Participant, and
2.the option is no greater than the Actuarial Equivalent of the qualified joint and survivor annuity.
b.Written Explanation or Consent   Each Employer shall furnish to each Participant a written explanation in non-technical language of the terms and conditions of the Pension Allowance payable to the Participant in the applicable normal and optional forms of Pension Allowance to the Participant.  Such explanation shall include a general description of the eligibility conditions for, and the material features and amounts payable under, the optional forms of Pension Allowance under the Plan, any rights the Participant may have to defer commencement of his or her Pension Allowance, the requirement for Spousal Consent, if applicable, as provided in paragraph (a) above, and the right of the Participant to make, and to revoke, elections.  For explanations given in Plan Years beginning January 1, 2007, the notice will include a description of how much larger benefits will be if the commencement of distribution of a Participant’s Pension Allowance is deferred until normal retirement date.  
		
	c.
	CECONY Weekly Participant - 1 Special Rules   In addition to the explanation 


provided above, an Employer will furnish to each CECONY Weekly Participant -1 a written explanation in non-technical language of the terms and conditions of the actuarial equivalent forms of Pension Allowances.  In particular, the Employer will give each CECONY Weekly Participant -1 a written notice explaining (i) the spouse's death benefit provisions, (ii) the financial effect thereof and the Participant’s right to elect to waive such coverage, (iii) the necessity of the spouse's consent and acknowledgment in order to validate the Participant’s election, and (iv) the right of the CECONY Weekly Participant -1 to make, and the effect of, a revocation of the waiver of the spouse's death benefit.


108


Exhibit  10.1.1



A CECONY Weekly Participant -1   may elect to waive coverage of the spouse's death benefit and avoid the adjustments made for coverage for the spouse's death benefit protection.  The election to waive coverage must be made by delivery of a properly completed written notice of such election to the Plan Administrator.  Such election must be in the form prescribed by or acceptable to the Plan Administrator, and will be effective only upon filing with and acknowledgment of receipt by the Plan Administrator.  Spousal consent is not necessary if it is established to the satisfaction of the Plan Administrator that such consent cannot be obtained because there is no spouse; the spouse cannot be located; or there exist other reasons as may be prescribed in regulations of the Secretary of the Treasury. An election to waive the spouse’s death benefit coverage, in order to be valid, must have the signed written consent of the Participant’s spouse and must specifically acknowledge the effect of the waiver election as well as the specific designation of someone other than his or her spouse as Beneficiary. The spouse's signature to such consent and acknowledgment must be witnessed by the Plan Administrator or a Plan Administrator’s delegate, or must be notarized by a notary public.  Any consent by a spouse (or establishment that the spouse's consent cannot be obtained) shall be effective only with respect to such spouse, to such optional form, and to such designated alternate beneficiary.
Any such waiver election may be revoked by written notice of the CECONY Weekly Participant -1 delivered to the Plan Administrator prior to his or her Annuity Starting Date.  In all cases, the elections to waive coverage and the revocations of such elections shall be prospective only, effective upon filing with and acknowledgement of receipt by the Plan Administrator.
		
	d.
	Timing for Giving Notice  Each Employer shall provide the written explanation 


required by this Section 5.03 no more than 90 days  and no less than 30 days prior to the Participant’s Annuity Starting Date.  A Participant’s Annuity Starting Date may not occur less than 30 days after receipt of the notice.  An election for an optional form shall be made on a form provided by the Plan Administrator and must be made during the 90-day period ending on the Participant’s Annuity Starting Date, but not prior to the date the Participant receives such written explanation. 
		
	e.
	Cash Out Special Timing  Notwithstanding the timing requirements for notices and 


elections regarding Surviving Spouse’s death benefits or joint and survivor annuities, a CECONY Participant, other than a Rule of 75 CECONY Participant, may, after having received the written explanation, affirmatively elect to have his or her benefit commence, or to receive his 


109


Exhibit  10.1.1



or her benefit in the form of a Cash Out, as applicable, sooner than 30 days following his or her receipt of the written explanation provided all of the following requirements are met:
1.the Plan Administrator clearly informs the Participant that he or she has a period of at least 30 days after receiving the explanation to decide when to have his or her benefits begin and, if applicable, to choose a particular optional form of payment;
2.the Participant affirmatively elects a date for his or her benefits to begin and, if applicable, an optional form of payment, after receiving the explanation;
3.the Participant is permitted to revoke his or her election until the later of his or her Annuity Starting Date or seven days following the day he or she received the explanation;
4.payment does not commence less than seven days following the day after the explanation is received by the Participant; and
5.the Participant’s Annuity Starting Date is after the date the explanation is provided.
		
	f.
	Revocation   An election of an option may be revoked on a form provided by the 


Plan Administrator, and subsequent elections and revocations may be made at any time and from time to time during the election periods.  An election of an optional form of benefit shall be effective on the Participant’s Annuity Starting Date and may not be modified or revoked after his or her Annuity Starting Date unless he or she is a CECONY Weekly Participant-1 and is revoking his or her waiver of the Spousal benefits as explained above.  A revocation of any election shall be effective when the completed form is filed with the Plan Administrator.  If a Participant who within the applicable time period, has elected, an optional form of benefit dies before the date the election of the option becomes effective, the election shall be given effect.  If the Beneficiary designated under an option dies before the date the election of the option becomes effective, the election shall be revoked.
5.04    Commencement of Payments
a.Except as otherwise provided in Article 4 or this Article 5, payment of a Participant’s Pension Allowance will begin as soon as administratively practicable following the latest of (i) the Participant’s 65th birthday, (ii) the fifth anniversary of the date on which he or she became a Participant, or (iii) the date he or she has a severance, (but not more than 60 days after the close of the Plan Year in which the latest of (i), (ii) or (iii) occurs).
b.In all cases, payment of any Participant’s Pension Allowance will begin no later than April 1 of the year following the later of the year in which he or she attains age 701⁄2 or terminates 


110


Exhibit  10.1.1



employment.  In the case of a Participant who is a 5% owner, his or her “Required Beginning Date” means the April 1st of the calendar year following the calendar year in which he or she attains age 70 1⁄2.  For purposes of Code Section 401(a)(9), a 5% owner is defined in Code Section 416 with respect to the Plan Year in which the Employee attains age 70 1⁄2.
5.05    Distribution Limitation
a.All distributions from this Retirement Plan will conform to the regulations issued under Code Section 401(a)(9), including the incidental death benefit provisions of Code Section 401(a)(9)(G).  Further, such regulations shall override any plan provision that is inconsistent with Code Section 401(a)(9).  Any and all distributions from the Retirement Plan will be consistent and in compliance with Treasury Regulations issued and published in April 2002 and June 2004.  If Treasury Regulations are published in the future under Code Section 401(a)(9), the Retirement Plan will ensure that all distributions conform to subsequent changes or modifications.  The life expectancies of Participants and their spouses shall not be recalculated.
b.In order to satisfy Code section 401(a)(9), distributions of the Participant's entire interest, if not in a single sum, must be paid in the form of periodic annuity payments for the Participant's life (or the joint lives of the Participant and Beneficiary) or over a period certain that does not exceed the maximum length of the period certain determined in accordance with Section 1.401(a)(9)-6, A-3 of the Treasury Regulations.  The interval between payments for the annuity must be uniform over the entire distribution period and must not exceed one year.  Once payments have commenced over a period, the period may be changed only in accordance with Section 1.401(a)(9)-6, A-13.  Annuity payments must satisfy the minimum distribution incidental benefit requirements.  Except as otherwise provided, all payments must be non-increasing.
c.The annuity may be a life or joint and survivor annuity with a period certain if the life or lives, if applicable, and period certain each meet the requirements of Section 1.401(a)(9)-6. Annuity payments must commence on or before the Participant's Required Beginning Date.  The first payment, which must be made on or before the Participant's Required Beginning Date, must be the payment which is required for one payment interval.  The second payment need not be made until the end of the next payment interval even if that payment interval ends in the next calendar year.  Similarly, in the case of distributions commencing after death in accordance with section 401(a)(9)(B)(iii) and (iv), the first payment, which must be made on or before the date determined under A-3(a) or (b) (whichever is applicable) of § 1.401(a)(9)-3, must be the payment which is required for one payment interval.  Payment intervals are the periods for which payments are received, e.g., bimonthly, monthly, semi-annually, or annually.  All benefit accruals as of the last day of the first Distribution Calendar Year must be included in the calculation of the 


111


Exhibit  10.1.1



amount of annuity payments for payment intervals ending on or after the employee's Required Beginning Date.
d.If the Participant’s interest is being distributed in the form of a joint and survivor annuity for the joint lives of the Participant and a nonspouse beneficiary, annuity payments to be made on or after the Participant’s Required Beginning Date to the designated Beneficiary after the Participant’s death must not at any time exceed the applicable percentage of the annuity payment for such period that would have been payable to the Participant, using the table set forth in § 1.401(a)(9)-6, Q&A 2(c)(2), in the manner described in Q&A 2(c)(1), of the regulations, to determine the applicable percentage.  If the form of distribution combines a joint and survivor annuity for the joint lives of the Participant and a nonspouse beneficiary and a period certain annuity, the requirement in the preceding sentence will apply to annuity payments to be made to the designated Beneficiary after the expiration of the period certain.
5.06    Time and Manner Distributions if Participant Dies Before ASD If the Participant dies before distributions begin, the Participant’s entire interest will be distributed, or begun being distributed, no later than as follows:
		
	a.
	If the Participant’s Surviving Spouse is the sole Beneficiary, then, distributions will begin 


by December 31 of the year immediately following the year in which the Participant died, or if later, by December 31 of, the year in which the Participant would have attained age 70 1/2.
		
	b.
	If the Surviving Spouse is not the beneficiary, then, distributions will begin by December 


31 of the year immediately following the year in which the Participant died.
		
	c.
	If there is no Beneficiary as of September 30 of the year following the year of the


Participants death, the Participant’s entire interest will be distributed by December 31 of the year containing the fifth anniversary of the Participant’s death.
		
	d.
	If the Surviving Spouse is the sole beneficiary and the Surviving Spouse dies after the 


Participant but before distributions are required to begin, this section will apply as if the Surviving Spouse were the Participant.  For purposes of this section, distributions are considered to begin on the Participant’s Required Beginning date.  Distributions are considered to begin on the date distributions are required to begin to the Surviving Spouse under section 5.06(a).  If distributions under an annuity meeting the requirements of Code Section 401(a)(9) commence to the Participant before the Participant’s Required Beginning Date (or to the Participant’s Surviving Spouse before the date distributions are required to begin, the date distributions are considered to begin is the date distributions actually commence.
5.07    Forms of Distribution Unless the Participant’s interest is distributed in a single sum on or before the Required Beginning Date, the first Distribution Calendar Year distributions will be 


112


Exhibit  10.1.1



made in accordance with this Section.  Any part of the Participant’s interest which is in the form of an individual account described in Code Section 414(k) of the Code will be distributed in a manner satisfying the requirements of Section 401(a)(9) of the Code and §1.401(a)(9) of the Treasury Regulations that apply to individual accounts.
If the Participant’s interest is to be paid in the form of an annuity, payments under the annuity must satisfy the following requirements:
		
	a.
	the annuity distributions will be paid in periodic payments made at uniform intervals not longer than one year;


		
	b.
	the distribution period will be over a life (or lives) or over a period certain not longer than the period described below;


		
	c.
	once payments have begun over a period, the period will change only in accordance with this Section;


		
	d.
	payments will either be nonincreasing or increase only as follows:


1.by an annual percentage increase  that does not exceed the percentage increase in an Eligible Cost-of-Living Index for a 12-month period ending in the year during which the increase occurs or a prior year;
2.by a percentage increase that occurs at specified times and does not exceed the cumulative total of annual percentage increases in an Eligible Cost-of-Living Index since the Annuity Starting Date, or if later, the date of the most recent percentage increase;
3.by a constant percentage of less than 5 percent per year, applies not less frequently than annually;
4.to the extent of the reduction in the amount of the Participant's payments to provide for a survivor benefit, but only if there is no longer a survivor benefit because the Beneficiary whose life was being used to determine the distribution period dies or is no longer the Participant's beneficiary pursuant to a qualified domestic relations order;
5.to provide a final payment upon the Participant's death not greater than the excess of the actuarial present value of the Participant's accrued benefit calculated as of the Annuity Starting Date using the IRS interest rate and the IRS Mortality Table over the total of payments before the Participant's death;
6.to allow a Beneficiary to convert the survivor portion of a joint and survivor annuity into a single sum distribution upon the Participant's death; or
7.to pay increased benefits that result from a plan amendment.
The amount that must be distributed on or before the Participant's Required Beginning Date (or, if the Participant dies before distributions begin, the date distributions are required to 


113


Exhibit  10.1.1



begin) is the payment that is required for one payment interval. The second payment need not be made until the end of the next payment interval even if that payment interval ends in the next calendar year. All of the Participant's benefit accruals as of the last day of the first Distribution Calendar Year will be included in the calculation of the amount of the annuity payments for payment intervals ending on or after the Participant's Required Beginning Date.
Any additional benefits accruing to the Participant in a calendar year after the first Distribution Calendar Year will be distributed beginning with the first payment interval ending in the calendar year immediately following the calendar year in which such benefit accrues.
If the Participant's Pension Allowance is payable as a joint and survivor annuity for the joint lives of the Participant and a nonspouse beneficiary, annuity payments to be made on or after the Participant's Required Beginning Date to the Beneficiary after the Participant's death must not at any time exceed the applicable percentage of the annuity payment for such period that would have been payable to the Participant, using the table set forth in § 1.401(a)(9)-6, Q&A 2(c)(2), in the manner described in Q&A 2(c)(1), of the Treasury regulations, to determine the applicable percentage. If the form of distribution combines a joint and survivor annuity for the joint lives of the Participant and a nonspouse beneficiary and a period certain annuity, the requirement in the preceding sentence will apply to annuity payments to be made to the Beneficiary after the expiration of the period certain.
The period certain for an annuity distribution commencing during the Participant's lifetime may not exceed the applicable distribution period for the Participant under the Uniform Lifetime Table set forth in § 1.401(a)(9)-9, Q&A-2, of the Treasury regulations for the calendar year that contains the Annuity Starting Date.  If the Annuity Starting Date precedes the year in which the Participant reaches age 70, the applicable distribution period for the Participant is the distribution period for age 70 under the Uniform Lifetime Table set forth in § 1.401 (a)(9)-9, Q&A-2, of the Treasury regulations plus the excess of 70 over the age of the Participant as of the Participant's birthday in the year that contains the Annuity Starting Date.  
If the Participant dies after distribution of his or her interest begins in the form of an annuity meeting the requirements of this Section, the remaining portion of the Participant's Pension Allowance will continue to be distributed over the remaining period over which distributions commenced.
If the Participant dies before his or her Annuity Starting Date and there is a Beneficiary, the Participant's entire interest will be distributed, beginning no later than the time described above for deaths before Annuity Starting Dates over the life of the Beneficiary or over a period certain not exceeding:


114


Exhibit  10.1.1



		
	i.
	unless the Annuity Starting Date is before the first Distribution Calendar Year, the life expectancy of the Beneficiary determined using the Beneficiary's age as of the Beneficiary's birthday in the calendar year immediately following the calendar year of the Participant's death; or


		
	ii.
	if the Annuity Starting Date is before the first Distribution Calendar Year, the life expectancy of the Beneficiary determined using the Beneficiary's age as of the Beneficiary's birthday in the calendar year that contains the Annuity Starting Date.


If the Participant dies before his or her Annuity Starting Date and there is no Beneficiary as of September 30 of the year following the year of the Participant's death, distribution of the Participant's Pension Allowance will be completed by December 31 of the calendar year containing the fifth anniversary of the Participant's death.
If the Participant dies before the Annuity Starting Date, the Participant's Surviving Spouse is the Participant's sole Beneficiary, and the Surviving Spouse dies before distributions to the Surviving Spouse begin, this section will apply as if the Surviving Spouse were the Participant.
Payments made to a Participant's surviving child until the child reaches the age of majority (or dies, if earlier) will be treated as if such payments were made to the Surviving Spouse to the extent the payments become payable to the Surviving Spouse upon cessation of the payments to the child.  A child shall be treated as having not reached the age of majority if the child has not completed a specified course of education and is under the age of 26. In addition, a child who is disabled within the meaning of § 72(m)(7) when the child reaches the age of majority shall be treated as having not reached the age of majority so long as the child continues to be disabled.
5.07A    Special Definitions Applicable to Required Distribution Dates and Required Minimum Distributions
Distribution Calendar Year means a calendar year for which a minimum distribution is required.  For distributions beginning before the Participant's death, the first Distribution Calendar Year is the calendar year immediately preceding the calendar year which contains the Participant's Required Beginning Date. For distributions beginning after the Participant's death, the first Distribution Calendar Year is the calendar year in which distributions are required to begin pursuant to this Section.
Eligible cost-of-living index means an index described in paragraphs (b)(2), (b)(3) or (b)(4) of S 1.401(a)(9)-6, Q&A-14, of the Treasury regulations.


115


Exhibit  10.1.1



Life expectancy means Life Expectancy as computed by use of the Single Life Table in § 1.401(a)(9)-9 Q&A-1 of the Regulations.
Required beginning date means April 1 of the calendar year following the later of the calendar year in which the Participant attains age 70 1⁄2 or the calendar year in which the Participant has a separation.  
If the Participant dies before distributions are required to begin and there is a designated Beneficiary, the Participant's entire interest will be distributed to the designated beneficiary by December 31st of the calendar year containing the fifth anniversary of the Participant's death. 
5.08    Direct Rollover of Certain Distributions
a.Notwithstanding any provision of the Plan to the contrary that would otherwise limit a Distributee’s election under this Section, a Distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an Eligible Rollover Distribution paid directly to an Eligible Retirement Plan specified by the Distributee in a direct rollover.
b.Special definitions applicable in this Section:
An Eligible Rollover Distribution means any distribution of all or any portion of the balance to the credit of the Distributee, except that an eligible rollover distribution does not include: (a) any distribution that is one of a series of substantially equal periodic payments  made for the life, or life expectancy, of the Distributee or the joint lives (or joint life expectancies) of the Distributee and the Distributee’s designated Beneficiary, or for a specified period of ten years or more; (b) any distribution that is required under Code Section 401(a)(9); (c) the portion of any distribution that is not includible in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities); (d) and any distribution expected to total less than $200.
An Eligible Retirement Plan means: (a) an individual retirement account described in Code Section 408(a); (b) an individual retirement annuity described in Code Section 408(b): (c) an annuity plan described in Code Section 403(a) or 403(b); (d) a government plan described in Code Section 457; or (e) a qualified trust described in Code Section 401(a), that accepts the Distributee’s eligible rollover distribution.  In the case of an Eligible Rollover Distribution to the Surviving Spouse, an Eligible Retirement Plan is solely an individual retirement account individual retirement annuity
A Distributee means an Employee: a former Employee, an Employee’s or former Employee’s Surviving Spouse, and an Employee’s or former Employee’s spouse or former spouse who is the alternate payee under a qualified domestic relations order.  Notwithstanding a contrary provision in the Retirement Plan, effective January 1, 2009, a Distributee also includes 


116


Exhibit  10.1.1



a non-spousal beneficiary so long as the non-spouse beneficiary is a designated beneficiary as defined in Code § 401(a)(9)(E).  The non-spouse beneficiary can only be an individual or individual(s) and may not be the estate of the Participant.  However, if a trust is designated as the beneficiary and the requirements of Treas. Reg. § 1.401(a)(9)-4 are met, the beneficiaries of the trust will be deemed to be designated beneficiaries rather than the trust.  If the Participant dies before distributions have begun, and the Participant is single, a non-spousal rollover may be made.  The non-spousal rollover must be made by the end of the year following the Participant’s death.  If it is made in the year following the year of the Participant’s death, a minimum distribution must be made with respect to the year following the Participant’s death.   
A Direct Rollover means a payment by the Plan to the Eligible Retirement Plan specified by the Distributee. 
In the event that the provisions of this Section 5.06 or any part thereof cease to be required by law as a result of subsequent legislation or otherwise, this Section or any applicable part thereof shall be ineffective without the necessity of further amendments to the Retirement Plan.
Effective as of March 28, 2005, this Plan does not permit mandatory distributions; that is distributions without the consent of the Participant, in any amount that exceeds $1,000.  However, in the unlikely event a distribution in an amount exceeding $1,000 is made without the Participant's consent and before the Participant attains the later of age 62 or Normal Retirement Age, and the Participant does not elect to have such distribution paid directly to an eligible retirement plan specified by the Participant in a direct rollover or to receive the distribution directly, then the distribution will be paid in a direct rollover to an individual retirement plan designated by the Plan Administrator.






















117


Exhibit  10.1.1



Article VI
Contributions
6.01    Employers’ Contributions
It is the intention of the Company and the Employers to continue the Plan, make the contributions that are necessary to maintain the Plan on a sound actuarial basis and to meet the minimum funding standards prescribed by law.  However, subject to the provisions of Article X, an Employer may discontinue its contributions for any reason at any time.  Any Participant forfeitures shall be used to reduce the Employers’ contributions otherwise payable.
6.02    Return of Contributions
a.Employers’ contributions are conditioned upon their deductibility under Code Section 404.  If all or part of the deductions are disallowed by the IRS, the portion of the contributions to which that disallowance applies will be returned to the Employers without interest, but reduced by any investment loss attributable to those contributions.  The return will be made within one year after the date of the disallowance of the deduction.
b.The Employers may recover without interest the amount of their contributions to the Plan made on account of a mistake in fact, reduced by any investment loss attributable to those contributions, if recovery is made within one year after the date of those contributions.
6.03    Non-Contributory Nature
No contributions by any Employee or Participant to the Retirement Plan shall be required or permitted hereunder.






























118


Exhibit  10.1.1



Article VII
Administration of Plan
7.01    Named Fiduciaries
a.The Board has appointed those persons who occupy the positions of Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer of CECONY as the Named Fiduciaries of the Plan.  The Named Fiduciaries shall have the joint authority to control and manage the operation and administration of the Plan, including the appointment of the Plan Administrator.  The Named Fiduciaries may, in their sole and absolute discretion, designate one or more committees or individuals to serve as the Plan Administrator or in other fiduciary capacities responsible for the management, operation and administration of the Plan and/or investment of the trust and the Plan assets.   CECONY also may designate other persons who, upon acceptance of such designation, shall serve as Named Fiduciaries either instead of or in addition to those holding the aforementioned offices.  Any such designation and acceptance shall be in writing and retained by the Plan Administrator.
Effective as of February 14, 2012, the Board of Trustees approved (1) removing, by title, the Chief Executive Officer as a Named Fiduciary; (3) renaming the “Named Fiduciaries” to the Named Fiduciary Committee; and (4) adding by title, the “Vice President - Human Resources,” or any successor title/position will be a Named Fiduciary.  
		
	b.
	The Named Fiduciaries may allocate fiduciary responsibilities among themselves, and 


may designate other persons to carry out fiduciary responsibilities, other than those granted to the Trustee under the trust agreement adopted for use in implementing the Plan, in accordance with the following procedure:
1.The Chief Executive Officer of CECONY shall allocate fiduciary responsibilities among the Named Fiduciaries in writing, and the acceptance of such responsibilities by the Named Fiduciaries shall be in writing.  Any designation by a Named Fiduciary of persons to carry out fiduciary responsibilities, other than those granted to the Trustee under the trust agreement adopted for use in implementing the Plan, shall be in writing, a copy of which shall be delivered to the designee, and shall specify the fiduciary responsibilities to be carried out by the designee.  Written notice of any such designation shall be given to all other Named Fiduciaries by the Named Fiduciary making the designation.  Any such allocations, acceptances and designations shall be retained by the Plan Administrator.
2.A Named Fiduciary, or a fiduciary designated by a Named Fiduciary, may employ one or more persons to render advice with regard to any responsibility such fiduciary 


119


Exhibit  10.1.1



has under the Plan.
3.One or more of the Named Fiduciaries may direct the Trustee to invest all or any part of the trust fund held by the Trustee in investments consistent and in accordance with the Plan’s investment policy, including but not limited to, investments in insurance policies and contracts, including group annuity contracts, and in tax-exempt group trusts, and from time to time to liquidate any such investment in whole or in part.
4.The Named Fiduciaries shall have the powers granted to them under the trust agreement adopted for use in implementing the Retirement Plan.
7.02    Duties of Plan Administrator
a.The Plan Administrator shall have such duties and powers as may be necessary to discharge its duties hereunder, including but not by way of limitation, the following:
1.to authorize any agent to execute or deliver any instrument or make any payment on its behalf;
2.to retain counsel, employ agents and provide for such clerical, accounting, actuarial and consulting services as it may require in carrying out the provisions of the Plan;
3.to delegate to other persons all or such portion of its duties under the Retirement Plan, other than those granted to the Trustee under the trust agreement adopted for use in implementing the Retirement Plan, as the Plan Administrator, in his or her sole discretion, shall decide and in accordance with ERISA Section 405;
4.to decide all claims and questions of eligibility, and determine the amount, manner and time of payment of any benefit hereunder, and to construe and interpret the Plan or other plans as may be necessary in conjunction herewith;
5.to make and enforce such rules and regulations as the Plan Administrator deems necessary or proper for the efficient administration and operation of the Plan;
6.to prescribe procedures to be followed by Participants or Beneficiaries filing applications for benefits;
7.to exercise such authority and responsibility, and perform such duties, as may be required in order to comply with ERISA and governmental regulations issued there under regarding records of Participants’ service, accrued benefits, and non-forfeitable benefits under the Plan;
8.to provide notifications to Participants, and file such annual reports as shall be required with the IRS, the Department of Labor and the Pension Benefit Guaranty Corporation;


120


Exhibit  10.1.1



9.to receive and review the annual actuarial valuation of the Plan made by the actuary, and the regular reports of the Trustee regarding the financial condition, receipts and disbursements of the trust fund;
10.to furnish to the Employers, upon request, such annual reports with respect to the administration of the Retirement Plan as are reasonable and appropriate;
11.to receive service of legal process, as agent for the Plan; and
12.to authorize the payment of reasonable and necessary expenses for the administration and operation of the Retirement Plan.
b.The Plan Administrator shall have the authority to amend the Plan as follows:
1.in accordance with action by the Board, to amend Appendix B to specify that an Affiliate will become an Employer and to provide for any special terms and conditions applicable to Participants employed by the Employer;
2.to amend Appendix E to specify the method for determining and to determine the amount payable from the 401(h) Account for benefits under the Retiree Health Retirement Plan, pursuant to and for purposes of Section 12.06; and
3.to adopt certain amendments to the Retirement Plan, which are (a) required or desirable in order to implement corporate transactions such as mergers, acquisitions and divestitures; (b) required, necessary or recommended for compliance with ERISA, the Code or other laws; or (c) necessary or desirable for uniform or efficient administration.  In all cases, any amendment(s) adopted by the Plan Administrator shall neither materially nor significantly increase the Employers’ or the Company's obligations or adversely affect or reduce the accrued benefits of Participants.
Any amendment adopted by the Plan Administrator pursuant to this Section shall be in writing and shall be effective as of the date specified by the Plan Administrator.
7.03    Meetings
The Plan Administrator will hold meetings upon such notice, at such place or places, and at such time or times as the Plan Administrator may from time to time determine.
7.04    Compensation and Bonding
The Named Fiduciaries and the Plan Administrator will not receive any compensation from the Retirement Plan for their services as such, and no bond or other security need be required of them in those capacities in any jurisdiction.
7.05    Establishment of Rules
Subject to the limitations of the Retirement Plan, the Plan Administrator from time to time will establish rules for the administration of the Plan and the transaction of business.  The 


121


Exhibit  10.1.1



Plan Administrator has discretionary authority to interpret the Plan and to make factual determinations including but not limited to, determination of an individual’s eligibility for Plan participation, the right and amount of any benefit payable under the Plan and the date on which any individual ceases to be a Participant.  The determination of the Plan Administrator as to the interpretation of the Plan or any disputed question shall be conclusive and final to the extent permitted by applicable law.  The Plan Administrator, however, shall have no power to add to, subtract from or modify any of the terms of the Retirement Plan, or to change or add to any benefits provided by the Retirement Plan, or to waive or fail to apply any requirements of eligibility for a pension under the Retirement Plan.
7.06    Prudent Conduct
The Named Fiduciaries and Plan Administrator will use that degree of care, skill, prudence and diligence that a prudent person acting in a like capacity and familiar with such matters would use in a similar situation.
7.07    Actuary
As an aid to the Employers in determining the amount of contributions payable to the Retirement Plan, the actuary designated by the Named Fiduciaries or the Plan Administrator will make annual actuarial valuations of the assets and liabilities of the Retirement Plan, and will submit to the Plan Administrator the rates of contribution which it recommends for use.
7.08    Maintenance of Accounts
The Plan Administrator will maintain accounts showing the fiscal transactions of the Plan and will keep in convenient form such data as may be necessary for actuarial valuations of the Retirement Plan.
7.09    Service in More Than One Fiduciary Capacity
Any individual, entity or group of persons may serve in more than one fiduciary capacity with respect to the Plan and/or the funds of the Retirement Plan.
7.10    Limitation of Liability
The Company, the members of its board of directors, the Employers and the members of their board of trustees or directors, the Named Fiduciaries, the Plan Administrator, and any officer, employee or agent of the Company or an Affiliate shall not incur any liability individually or on behalf of any other individuals for any act, or failure to act, made in good faith in relation to the Plan or the funds of the Retirement Plan.  However, this limitation does not act to relieve any such individual or the Company or any Affiliate from a responsibility or liability for any fiduciary responsibility, obligation or duty under Part 4, Title I of ERISA.


122


Exhibit  10.1.1



7.11    Indemnification
The Company, the members of its board of directors, the Employers and the members of their board of trustees or directors, the Named Fiduciaries, the Plan Administrator, and any officer, employee or agent of the Company or an Affiliate are indemnified against any and all liabilities arising by reason of any act, or failure to act, in relation to the Plan or the funds of the Retirement Plan, including, without limitation, expenses reasonably incurred in the defense of any claim relating to the Plan or the funds of the Retirement Plan, and amounts paid in any compromise or settlement relating to the Plan or the funds of the Retirement Plan, except for actions or failures to act made in bad faith or which constitute a breach of fiduciary duty.  The foregoing indemnification is from the funds of the Retirement Plan to the extent of those funds and to the extent permitted under applicable law; otherwise from the general assets of the Employers.  The provisions are in addition to any other indemnification provision otherwise provided to any such individual by the Company or an Affiliate, provided that there is no duplication of benefits under this Section 7.11 and any such other provision.
7.12    Appointment of Investment Manager
The Board of Trustees, in its sole discretion, determines the investment policy for the Retirement Plan.  However, the Named Fiduciary Committee may, in its sole discretion, and in accordance with the investment policy, appoint one or more investment managers to manage the assets of the Plan (including the power to acquire and dispose of all or part of such assets) as the Named Fiduciary designates.  In that event, the authority over and responsibility for the management of the assets so designated is the sole responsibility of that investment manager.
For purposes of this Article, the term “investment manager” means an individual firm, or entity who:
		
	a.
	has the power to manage, acquire or dispose of any asset of the Plan;


		
	b.
	is (i) registered as an investment advisor under the Investment Advisors Act of 1940, (ii) a bank, as defined in that Act, or (iii) an insurance company qualified to perform services described in paragraph (a) above; and


		
	c.
	has acknowledged in writing that he, she or it is a fiduciary with respect to the Plan.


7.13    Expenses of Administration
All reasonable expenses that arise in connection with the administration of the Plan, including but not limited to the compensation of the Trustee, administrative expenses and proper charges and disbursements of the Trustee and reasonable compensation and other expenses and charges of any enrolled actuary, counsel, accountant, specialist, or other person who has been retained by the Employers, Named Fiduciaries or Plan Administrator in connection with the 


123


Exhibit  10.1.1



administration thereof, will be paid from the funds of the Plan held by the Trustee under the trust agreement adopted for use in implementing the Plan, to the extent not paid by the Employers.  So long as such reimbursement is in accordance with Department of Labor Regulation 29 CFR 2550.408c-2(b)(3), the funds of the Plan may also reimburse the Employers for compensation paid by the Employers to employees of the Employers who perform services to the Plan.
7.14    Claims and Review Procedures
		
	a.
	Applications for benefits and inquiries concerning the Plan (or concerning present or 


future rights to benefits under the Plan) must be submitted in writing to the Plan Administrator.  An application for benefits must be submitted on the prescribed form and signed by the Participant or, in the case of a benefit payable after his or her death, by his or her Beneficiary, or a duly authorized legal representative.
		
	b.
	In the event that an application for benefits is denied in whole or in part, the Plan 


Administrator will notify the Participant or Beneficiary in writing of the denial and of the right to review of the denial.  The written notice will set forth, in a manner calculated to be understood by the Participant or Beneficiary, specific reasons for the denial, specific references to the provisions of the Plan on which the denial is based, a description of any information or material necessary for the Participant or Beneficiary to perfect the application, an explanation of why the material is necessary, and an explanation of the review procedure under the Retirement Plan.  The written notice from the Plan Administrator will be given to the Participant or Beneficiary within a reasonable period of time, not more than 90 days, after the Plan Administrator received the initial application, unless special circumstances require further time for processing and the Participant or Beneficiary is advised of the need and reason for the extension within the first 90-day period.  The Participant or Beneficiary will also be informed of the date by which the Plan Administrator expects to render the decision.  In no event will the initial decision be given more than 180 days after the Plan Administrator received the application.  The Plan Administrator has the authority to act with respect to any appeal from a denial of benefits or a determination of benefit rights.
		
	c.
	A Participant or Beneficiary whose application for benefits was denied in whole or part, or 


the Participant or Beneficiary’s duly authorized representative, may appeal the denial by submitting to the Plan Administrator a request for a review of the application within 60 days after receiving written notice of the denial from the Plan Administrator.  The Plan Administrator will give the Participant or Beneficiary or his or her representative an opportunity to review pertinent materials, other than legally privileged documents, in preparing the request for a review.  The request for a review must be in writing and addressed to the Plan Administrator.  The request for 


124


Exhibit  10.1.1



a review shall set forth all of the grounds on which it is based, all facts in support of the request and any other matters that the applicant deems pertinent.  The Plan Administrator may require the Participant or Beneficiary to submit such additional facts, documents or other materials as it may deem necessary or appropriate in making its review.
		
	d.
	The Plan Administrator will act on each request for a review within 60 days after receipt, 


unless special circumstances require further time for processing by the Plan Administrator and the Participant or Beneficiary is advised of the need and reason for the extension.  In no event will the decision on review be rendered more than 120 days after the Plan Administrator received the request for a review.  The Plan Administrator will give prompt written notice of its decision to the Participant or Beneficiary.  In the event that the Plan Administrator confirms the denial of the application for benefits in whole or in part, the notice will set forth, in a manner calculated to be understood by the Participant or Beneficiary, the specific reasons for the decision and specific references to the provisions of the Plan on which the decision is based.  The Plan Administrator has discretionary authority to administer the Plan, including interpreting the terms, determining eligibility for, entitlement to and amount of benefits under the Plan, determining any facts and resolving any questions relevant to administration of the Plan and remedying and correcting any ambiguities, inconsistencies or omissions in the Retirement Plan.  Any action taken by the Plan administrator pursuant to such discretionary authority shall be conclusive and binding on all Participants, Beneficiaries and others. 
		
	e.
	The Plan Administrator shall adopt such rules, procedures and interpretations of the Plan 


as deemed necessary or appropriate in carrying out the Plan Administrator responsibilities under this Section 7.14.
		
	f.
	No legal action for benefits under the Plan may be brought unless and until the 


Participant, Beneficiary claimant:
1.has submitted a written application for benefits in accordance with this Section,
2.has been notified by the Plan Administrator that the application is denied,
3.has filed a written request for a review of the application in accordance with this Section, and
4.has been notified in writing that the Plan Administrator has affirmed the denial of the application;
provided, however, that legal action may be brought after the Plan Administrator has failed to take any action on the claim within the time prescribed by above.




125


Exhibit  10.1.1



Article VIII
Management of Funds
8.01    Trustee
All the funds of the Plan shall be held by a Trustee appointed from time to time by the Board under a trust instrument adopted, or as amended, by CECONY for use in providing the benefits of the Plan and paying its expenses not paid directly by the Employers.  The assets of the Plan may be commingled by the Trustee with the assets of another qualified defined benefit plan maintained by an Affiliate; provided, however, that there shall be separate accounting for the beneficial interest of each such plan in the commingled assets.  The beneficial interest of the trust fund under the Plan will be applied solely in accordance with the Plan and shall not be available to provide benefits under any other qualified defined benefit plan or for any other purpose.  Expenses and taxes, to the extent paid from the commingled trust assets, will be equitably divided between the trust fund under the Plan and the trust fund under any other qualified defined benefit plan.
8.02    Exclusive Benefit Rule
Except as otherwise provided in the Plan, no part of the corpus or income of the funds of the Plan shall be used for, or diverted to, purposes other than for the exclusive benefit of Participants and other persons entitled to benefits under the Plan and paying Plan expenses not otherwise paid by the Employers, before the satisfaction of all liabilities with respect to them.  No person has any interest in or right to any part of the earnings of the funds of the Plan, or any right in, or to, any part of the assets held under the Plan, except as and to the extent expressly provided in the Plan.
























126


Exhibit  10.1.1



Article IX
General Provisions
9.01    Nonalienation
a.Except as required by any applicable law, or by paragraph (c), no benefit under the Plan shall in any manner be anticipated, assigned or alienated, and any attempt to do so shall be void.  However, payment may be made in accordance with the provisions of any judgment, decree, or order which creates for, or assigns to, a spouse, former spouse, child or other dependent of a Participant the right to receive all or a portion of the Participant’s benefits under the Plan for the purpose of providing child support, alimony payments or marital property rights to that spouse, child or dependent, and:
1.is made pursuant to a State domestic relations law,
2.does not require the Plan to provide any type of benefit, or any option, not otherwise provided under the Plan, and
3.otherwise meets the requirements of Section 206(d) of ERISA, as amended, as a qualified domestic relations order ("QDRO"), as determined by the Plan Administrator.  The Plan shall have written procedures in effect for determining whether an order is a QDRO and, if so, for administering distributions under QDROs.  The procedures shall notify each person, specified in the order who is entitled to payment of benefits under the Plan, of such procedures.
Notwithstanding the foregoing, a Participant whose benefit is in current pay status may elect to make a voluntary and revocable assignment of such benefit, not to exceed 10% of any benefit payment, provided the assignment is not for the purpose of defraying administrative costs.
b.If the present value of any series of payments under a QDRO amounts to $5,000 or less, 
or beginning for distributions after March 28, 2005, $1,000, a lump sum payment that is the Actuarial Equivalent, determined in the manner described in Section 5.01, shall be made in lieu of the series of payments.
c.A Participant’s benefits under the Plan will be offset by the amount the Participant is required to pay to the Plan under the circumstances set forth in Code Section 401(a)(13).
d.If an overpayment has been made to a Participant, a Beneficiary, or any other person, the Plan Administrator is entitled to and will seek full recoupment and reimbursement of the overpayment.  In the event a Participant or Beneficiary or any other person who received an overpayment is receiving a Pension Allowance, the Plan Administrator and the Plan will reduce his or her future Pension Allowance by the amount of the overpayment.  An overpayment is an 


127


Exhibit  10.1.1



amount of Pension Allowance that exceeds the Pension Allowance to which the Participant is entitled.  Under no circumstances, and for no reason, is the Participant or whoever received or is receiving an overpayment entitled to the overpayment.  The Plan Administrator and the Plan have a legal obligation and responsibility to recoup all overpayments.  
9.02    Conditions of Employment Not Affected by Plan
The establishment of the Plan does not confer any legal rights upon any Employee or other person for a continuation of employment, nor does it interfere with the right of the Employers (which right is hereby reserved) to discharge any Employee and to treat him or her without regard to the effect which that treatment might have upon him or her as a Participant or potential Participant in the Plan.
9.03    Facility of Payment
If the Plan Administrator finds that a Participant or other person entitled to a benefit is unable to care for his or her affairs because of illness or accident or because he or she is a minor, the Plan Administrator may direct, in his or her sole discretion, that any benefit due him or her, unless claim has been made for the benefit of the Participant by a duly appointed legal representative, be paid to his or her spouse, a child, a parent or other blood relative, or to a person with whom he or she resides.  Any payment so made shall be a complete discharge of the liabilities of the Plan for that benefit.  Furthermore, if the Plan Administrator receives from a Participant a power of attorney valid under state law, the Plan Administrator will comply with the instructions of the named attorney to the extent that the Plan Administrator would comply with such instructions if given by the Participant and such instructions are consistent with the power of attorney.
9.04    Information
Each Participant or other person entitled to a benefit, before any benefit will be payable to him or her or on his or her account under the Plan, must file with the Plan Administrator information that the Plan Administrator requires to establish the Participant’s or other person’s rights and benefits under the Plan.
9.05    Top-Heavy Provisions
a.The following definitions apply to the terms used in this Section:
1.“applicable determination date” means the last day of the preceding Plan Year;
2.“top-heavy ratio” means the ratio of (A) the present value of the cumulative accrued benefits under the Plan for key employees to (B) the present value of the cumulative accrued benefits under the Plan for all key employees and non-key employees; provided, however, that if an individual has not performed services for the 


128


Exhibit  10.1.1



Company or Affiliate at any time during the 5-year period ending on the applicable determination date, any accrued benefit for such individual (and the account of such individual) shall not be taken into account.  Effective for Plan Years beginning in 2002 and thereafter, the phrase “one -year period” is substituted for the phrase “five -year period” each place it appears in this definition.  In the case of a distribution made for a reason other than separation from service, death, or disability, the look -back period shall continue to mean the five -year period.  The accrued benefits and accounts of any individual who has not performed services for the Company or Affiliate during the one -year period ending on the determination date will not be taken into account for purposes of calculating the Top -Heavy Ratio.  Effective for Plan Years beginning after December 31, 2001, in the case of a distribution made for a reason other than severance from employment, death, or disability, the look-back period shall continue to mean the five-year period.;
3.“applicable valuation date” means the date within the preceding Plan Year as of which annual Plan costs are or would be computed for minimum funding purposes;
4.“key employee” means an employee who is in a category of employees determined in accordance with the provisions Code Section 416(i)(1) and (5) and any regulations there under, and, where applicable, on the basis of the Employee’s remuneration which, with respect to any Employee, shall mean the wages, salaries and other amounts paid in respect of such Employee by the Company or an Affiliate for personal services actually rendered, determined before any pre-tax contributions under a “qualified cash or deferred arrangement” (as defined under Code Section 401(k) and its applicable regulations) or under a “cafeteria plan” (as defined under Code Section 125 and its applicable regulations), and shall include, but not by way of limitation, bonuses, overtime payments and commissions; and shall exclude deferred compensation, stock options and other distributions which receive special tax benefits under the Code;
5.“non-key employee” means any employee who is not a key employee;
6.“average remuneration” means the average annual remuneration of a Participant for the five consecutive years of his or her Vesting Service during which he or she received the greatest aggregate remuneration, as limited by Code Section 401(a)(17), from the Company or an Affiliate, excluding any remuneration for service after the last Plan Year with respect to which the Plan is top-heavy;
7.“required aggregation group” means each other qualified plan of the Company or 


129


Exhibit  10.1.1



an Affiliate (including plans that terminated within the five-year period ending on the determination date) in which there are members who are key employees or which enables the Plan to meet the requirements of Code Section 401(a)(4) or 410; and
8.“permissive aggregation group” means each plan in the required aggregation group and any other qualified plan(s) of the Company or an Affiliate in which all members are non-key employees, if the resulting aggregation group continues to meet the requirements of Code Sections 401(a)(4) and 410.
b.For purposes of this Section, the Plan shall be “top-heavy” with respect to any Plan Year beginning on or after January 1, 1984, if as of the applicable determination date the top-heavy ratio exceeds 60%.  The top-heavy ratio shall be determined as of the applicable valuation date in accordance with Code Section 416(g)(3) and (4)(B) on the basis of the 1983 Group Annuity Mortality Table and an interest rate of 51⁄2% per year compounded annually.  For purposes of determining whether the Plan is top-heavy, the present value of accrued benefits under the Plan will be combined with the present value of accrued benefits or account balances under each other plan in the required aggregation group, and, in the Employer’s discretion, may be combined with the present value of accrued benefits or account balances under any other qualified plan(s) in the permissive aggregation group.  The accrued benefit of a non-key employee under the Plan or any other defined benefit plan in the aggregation group shall be (i) determined under the method, if any, that uniformly applies for accrual purposes under all plans maintained by the Company or an Affiliate, or (ii) if there is no such method, as if such benefit accrued not more rapidly than the slowest accrual rate permitted under the fractional rule described in Code Section 411(b)(1)(C).
c.The following provisions shall be applicable to Participants for any Plan Year with respect to which the Plan is top-heavy:
1.In lieu of the vesting requirements specified in Section 4.05, a Participant shall be vested in, and have a non-forfeitable right to, a percentage of his or her accrued benefit, as set forth in the following vesting schedule:
Years of Vesting Service     Percentage Vested


Less than 2 years                0%
2 years                    20%
3 years                    40%
4 years                    60%
5 years                    100%


2.The accrued benefit of a Participant who is a non-key employee shall not be less 


130


Exhibit  10.1.1



than 2% of his or her average remuneration multiplied by the number of years of his or her Vesting Service, not in excess of 10, during the Plan Years for which the Plan is top-heavy.  That minimum benefit shall be payable at a Participant’s Normal Retirement Date.  If payments commence at a time other than the Participant’s Normal Retirement Date, the minimum accrued benefit shall be the Actuarial Equivalent of that minimum benefit.
3.The multiplier “1.25” in Code Sections 415(e)(2)(B)(i) and (3)(B)(i) shall be reduced to “1.0”, and the dollar amount “$51,875” in Code Section 415(e)(6)(B)(i)(I) shall be reduced to “$41,500”.
d.If the Plan is top-heavy with respect to a Plan Year and ceases to be top-heavy for a subsequent Plan Year, the following provisions shall be applicable:
1.The accrued benefit in any such subsequent Plan Year shall not be less than the minimum accrued benefit provided in paragraph (c)(ii) above, computed as of the end of the most recent Plan Year for which the Plan was top-heavy.
2.If a Participant has completed three years of Vesting Service on or before the last day of the most recent Plan Year for which the Plan was top-heavy, the vesting schedule set forth in paragraph (c)(i) above shall continue to be applicable.
3.If a Participant has completed at least two, but less than three, years of Vesting Service on or before the last day of the most recent Plan Year for which the Plan was top-heavy, the vesting provisions of Section 4.05 shall again be applicable; provided, however, that in no event shall the vested percentage of a Participant’s accrued benefit be less than the percentage determined under paragraph (c)(i) above as of the last day of the most recent Plan Year for which the Plan was top-heavy.
9.06    Construction
a.The Plan shall be construed, regulated and administered under ERISA as in effect from time to time, and the laws of the State of New York, except where ERISA controls.
b.The titles and headings of the Articles and Sections in this Plan are for convenience only.  In case of ambiguity or inconsistency, the text rather than the titles or headings shall control.
9.07    Prevention of Escheat
If the Plan Administrator cannot ascertain the whereabouts of any person to whom a payment is due under the Plan, the Plan Administrator may, no earlier than three years from the date such payment is due, mail a notice of such due and owing payment to the last known address of such person as shown on the records of the Plan Administrator or the Employer.  If such person has not made written claim therefore within three months of the date of the mailing, 


131


Exhibit  10.1.1



the Plan Administrator may, if it so elects and upon receiving advice from counsel to the Plan, direct that such payment and all remaining payments otherwise due such person be cancelled on the records of the Plan and the amount thereof applied to reduce the contributions of the Employer.  Upon such cancellation, the Plan has no further liability therefore except that, in the event such person or his or her Beneficiary later notifies the Plan Administrator of his or her whereabouts and requests the payment or payments due to him or her under the Plan, the amount so applied will be paid to him or her in accordance with the provisions of the Plan, without interest.




















































132


Exhibit  10.1.1



Article X
Amendment, Merger and Termination
10.01    Amendment of Plan
a.CECONY, by action of its Board, or pursuant to authority granted by its Board, reserves the right at any time and from time to time, and retroactively if deemed necessary or appropriate, to amend in whole or in part any or all of the provisions of the Plan.  However, no amendment shall make it possible for any part of the funds of the Plan to be used for, or diverted to, purposes other than for the exclusive benefit of persons entitled to benefits under the Plan, before the satisfaction of all liabilities with respect to them.  No amendment will be made which has the effect of decreasing the accrued benefit or reducing the nonforfeitable percentage of the accrued benefit of a Participant below the nonforfeitable percentage computed under the Plan as in effect on the date on which the amendment is adopted or, if later, the date on which the amendment becomes effective.
b.The Plan Administrator has the authority to amend the Plan to the extent and in the manner described in Section 7.02(b).
c.Notwithstanding the previous sections, a Participant’s Accrued Benefit, early retirement benefit, retirement - type subsidy or optional form of benefit may be reduced to the extent permitted under Code Section 412(d)(2), for Plan Years beginning after December 31, 2007, or to the extent permitted under Treasury Regulations Sections 1.411(d)(3) and 1.411(d)(4).


10.02    Merger, Consolidation, or Transfer
The Board may, in its sole discretion, merge this Plan with another qualified plan, subject to any applicable legal requirements.  However, the Plan may not be merged or consolidated with, and its assets or liabilities may not be transferred to, any other plan unless each person entitled to benefits under the Plan would, if the resulting plan were then terminated, receive a benefit immediately after the merger, consolidation, or transfer which is equal to or greater than the benefit he or she would have been entitled to receive immediately before the merger, consolidation, or transfer if the Plan had then terminated.
10.03    Additional Participating Companies
a.With the consent of CECONY, an Affiliate may adopt this Plan for some or all of its Employees.  Upon the effective date of the adoption of the Plan by an Affiliate, the Affiliate shall be an Employer and shall delegate all fiduciary and administrative responsibilities (including the appointment and removal of fiduciaries) under the Plan to the Named Fiduciaries and the Plan Administrator of the Plan.  An Employer may adopt the Plan for some or all of its employees 


133


Exhibit  10.1.1



upon appropriate action by such Employer, and with the consent of CECONY, and the employees for whom the Plan is adopted shall be described in Appendix B to the Plan.
b.An Employer may terminate its participation in the Plan upon appropriate action.  The funds of the Plan held on account of Participants in the employ of that Employer will be determined by the Plan Administrator and will be applied as provided in Section 10.04 if the Plan should be terminated, or will be segregated by the Trustee as a separate trust, pursuant to certification to the Trustee by the Plan Administrator, continuing the Plan as a separate plan for the employees of that company under which the board of directors of that company will succeed to all the powers and duties of the board of trustees, including the appointment of named fiduciaries.
10.04    Termination of Plan
CECONY, by action of its Board, may terminate the Plan for any reason at any time.  In case of termination of the Plan, the rights of Participants to their benefits accrued under the Plan as of the date of the termination, to the extent then funded or protected by law, if greater, shall be nonforfeitable.  The funds of the Plan shall be used for the exclusive benefit of persons entitled to benefits under the Plan as of the date of termination, except as provided in Section 6.02.  However, any funds not required to satisfy all liabilities of the Plan for benefits because of erroneous actuarial computation will be returned to the Employers.  In addition, after the satisfaction of all liabilities for benefits to which Participants and other persons may be entitled under the Plan, and satisfaction of all liabilities for expenses under by the Plan, in the event there are remaining plan assets, upon termination of the Plan, such excess assets shall revert to the Employers.  The Plan Administrator will determine on the basis of actuarial valuation the share of the funds of the Plan allocable to each person entitled to benefits under the Plan in accordance with Section 4044 of ERISA, or corresponding provision of any applicable law in effect at the time.  In the event of a partial termination of the Plan, the provisions of this Section will be applicable to the Participants affected by that partial termination.
10.05    Limitation Concerning Highly-Compensated Employees and Highly-Compensated Former Employees
a.The provisions of this Section shall apply (i) in the event the Plan is terminated, to any Participant who is a highly-compensated employee or highly-compensated former employee (as those terms are defined in Code Section 414(q)) of the Company or an Affiliate and (ii) in any other event, to any Participant who is one of the 25 highly-compensated employees or highly-compensated former employees of the Company or Affiliate with the greatest compensation in any Plan Year.  The amount of the annual payments to any one of the Participants to whom this 


134


Exhibit  10.1.1



Section applies will not be greater than an amount equal to the annual payments that would be made on behalf of the Participant during the year under a single life annuity that is the Actuarial Equivalent of the sum of the Participant’s accrued benefit and the Participant’s other benefits under the Plan.
b.If, (i) after payment of Pension Allowance or other benefits to any one of the Participants to whom this Section applies, the value of Plan assets equals or exceeds 110% of the value of current liabilities (as that term is defined in Code Section 412(l)(7)) of the Plan, (ii) the value of the accrued benefit and other benefits of any one of the Participants to whom this Section applies is less than 1% of the value of current liabilities of the Plan, or (iii) the value of the benefits payable to a Participant to whom this Section applies does not exceed the amount described in Code Section 411(a)(11)(A), the provisions of paragraph (a) above will not be applicable to the payment of benefits to such Participant.
c. If any Participant to whom this Section applies elects to receive a lump sum payment in lieu of his or her Pension Allowance and the provisions of paragraph (b) above are not met with respect to such Participant, the Participant will be entitled to receive his or her benefit in full provided he or she agrees to repay to the Plan any portion of the lump sum payment which would be restricted by operation of the provisions of paragraph (a), and shall provide adequate security to guarantee that repayment.
d.Notwithstanding paragraph (a) of this Section, in the event the Plan is terminated, the restriction of this Section is not applicable if the benefit payable to any highly-compensated employee and any highly-compensated former employee is limited to a benefit that is nondiscriminatory under Code Section 401(a)(4).
e.If it should subsequently be determined by statute, court decision acquiesced in by the Commissioner of Internal Revenue, or ruling by the Commissioner of Internal Revenue, that the provisions of this Section are no longer necessary to qualify the Plan under the Code, this Section shall be ineffective without the necessity of further amendment to the Plan.














135


Exhibit  10.1.1



Article XI
Cost-Of-Living Adjustments
11.01    Eligibility-CECONY Participants
All Pension Allowances payable to CECONY Participants, other than a CECONY Local 3 Employee -1, under the Plan for the month of April in a calendar year which commenced prior to December 31 of the prior calendar year shall be eligible for an adjustment hereunder.  In the case of an annuity payable to a Surviving Spouse of a retired CECONY Participant, other than a CECONY Local 3 Employee -1, the Surviving Spouse’s annuity shall be deemed to have commenced on the date the retired CECONY Participant’s Pension Allowance commenced.  No CEI Participant or the Surviving Spouse or Beneficiary of a CEI Participant is eligible for a cost-of-living adjustment to his or her Cash Balance Account Pension Allowance.
11.02    Annual Adjustment-CECONY Participants
All eligible Pension Allowances of CECONY Participants, other than a CECONY Local 3 Employee -1, being paid from time to time under the Plan shall be increased annually by the percentage determined under Section 11.03.  Such adjustment shall be made for the month of April each year and for each month thereafter, until further changed or terminated in accordance with provisions of this Plan.
11.03    Percentage of Adjustment-CECONY Participants
Each annual adjustment shall equal 75% of the percentage increase, rounded to the nearest 1/10 of one percent (0.001), in the Index specified in Section 11.05 for the preceding December over the Index for the next-preceding December; provided, however, that such annual adjustment shall not:
		
	a.
	exceed 3%, or


		
	b.
	be less than 0% of the eligible Pension Allowance.




11.04    Limitation on Adjustments-CECONY Participants
No adjustment in a Pension Allowance provided under this Article XI may cause such Pension Allowance, as adjusted, to be greater than the product of (a) the amount of such Pension Allowance paid for the month of December 1986 or the later month in which the Pension Allowance commenced (“Commencement Month”), multiplied by (b) a fraction, the numerator of which shall be the Index for the December immediately preceding the month of April in which the adjustment is to be made, and the denominator of which shall be the Index for the December immediately preceding the Commencement Month.  Any increase pursuant to this Article XI shall be reduced to the extent required to satisfy the limitation set forth in this Section 11.04.


136


Exhibit  10.1.1



11.05    Index-CECONY Participants
The Index to be used for purposes of this Article XI shall be the Consumer Price Index, All Urban Consumers - US City Average (“CPI-U”), as published by the United States Department of Labor.  If at any time such Index is revised or discontinued, or if the Named Fiduciaries determine that a different index, device, or other form of measurement more accurately measures the impact of inflation on the purchasing power of retirees, the Named Fiduciaries may substitute such other index, device, or other form of measurement as they, in their discretion, determine to be appropriate.
11.06    Eligibility and Adjustment-O&R Participants
Beginning as of July 1 of the year for which the cumulative percentage change in the CPI-U, defined below, exceeds 20%, but not earlier than July 1, 1993, and as of each July 1 thereafter, the monthly Pension Allowance   then being received by a retired O&R Participant, or a vested O&R Participant whose employment terminates after January 1, 1993, shall be increased by a pension benefit adjustment ("PBA"), not less than zero, determined by multiplying:
		
	a.
	the gross monthly Pension Allowance as of the Annuity Starting Date, or as of June 1, 1993 for a retired O&R Participant whose Annuity Starting Date occurred prior to January 1, 1989, or in both cases such other gross monthly Pension Allowance, then being paid to the extent it is not a PBA under this Section 11.06, by


		
	b.
	a percentage (rounded to the nearest 100th of a percent) equal to 75% of the “cumulative percentage change” in the CPI-U for the year in excess of 20%, but not more than the applicable “cumulative maximum percentage,” as defined below.


		
	c.
	an O&R Hourly Employee -1 is not entitled to a pension benefit adjustment.  His or her Pension Allowance will be calculated and accrued without a pension benefit adjustment (cost-of-living-adjustment).  The pension benefit adjustment also will not apply to the Eligible Spouse, Contingent Annuitant or Alternate Payee of an O&R Hourly Employee -1.


11.07    Eligible Spouse or Contingent Annuitant of O&R Participant
The monthly Pension Allowance being received by a Surviving Spouse, including a former spouse treated as the spouse under a QDRO, unless the QDRO provides otherwise, or a contingent annuitant under a joint and survivor annuity or contingent annuitant option with respect to a retired O&R Participant or vested O&R Participant whose employment terminates on or after January 1, 1993, shall be increased by a PBA, not less than zero, on July 1 of each year, beginning:


137


Exhibit  10.1.1



		
	a.
	as of the July 1 coincident with or next following the spouse's or contingent annuitant's Annuity Starting Date if the retired O&R Participant or vested O&R Participant had previously received one or more PBAs under Section 11.06 above, or


		
	b.
	as of the July 1, on or after July 1, 1993, of the year for which the “cumulative percentage change in the CPI-U” first exceeds 20%.


11.08    Pension Benefit Adjustment Amount for Spouse or Contingent Annuitant of O&R Participant
a.The PBA for the spouse or contingent annuitant shall be calculated by multiplying the percentage in Section 11.06(ii) above, determined using the deceased Participant’s Annuity Starting Date, by the spouse's or contingent annuitant's gross monthly Pension Allowance as of the spouse's or contingent annuitant's Annuity Starting Date, or as of June 1, 1993 for a spouse or contingent annuitant whose Annuity Starting Date occurred prior to January 1, 1989, excluding any portion of such Pension Allowance which represents PBAs to the retired Participant's or vested Participant's Pension Allowance pursuant to Section 11.06 above.
b.The monthly O&R Surviving Spouse's Pension Allowance, or O&R Spouse's Death Benefit Allowance with respect to a vested O&R Participant whose employment terminates after January 1, 1993, then being received by a spouse, including a former spouse treated as the spouse under a QDRO unless the QDRO provides otherwise, shall be increased by a PBA, not less than zero, on July 1 of the year for which the “cumulative percentage change in the CPI-U” exceeds 20%, but not earlier than July 1, 1993, and as of each July 1 thereafter.  The PBA shall be calculated by multiplying the percentage in Section 11.06(ii) above, determined using the spouse's Annuity Starting Date, by the spouse's gross monthly Pension Allowance, as of the spouse's Annuity Starting Date, or June 1, 1993 for a spouse whose Annuity Starting Date occurred prior to January 1, 1989.
11.09    Pension Benefit Adjustment for Alternate Payee of an O&R Participant
a.The monthly Pension Allowance then being received by an alternate payee, within the meaning of ERISA Section 206(d) and Code Section 414(p), under a QDRO who does not otherwise share in an increase by reason of Section 11.06, Section 11.07 or Section 11.08 above, and is not subject to the exception in the last sentence hereof, shall be increased by a PBA, not less than zero, on each July 1 beginning
1.as of the July 1 coincident with or next following the alternate payee's Annuity Starting Date if the QDRO is effective after the O&R Participant's Annuity Starting Date and the O&R Participant had previously received one or more PBAs under Section 11.06 above, or


138


Exhibit  10.1.1



2.as of the first July 1, on or after July 1, 1993, of the year for which the “cumulative percentage change in the CPI-U” first exceeds 20%.
b.The PBA shall be calculated by multiplying the percentage in Section 11.06(ii) above, determined using the alternate payee's Annuity Starting Date if the QDRO is effective on or before the O&R Participant’s Annuity Starting Date and using the O&R Participant's Annuity Starting Date if the QDRO is effective after the O&R Participant’s Annuity Starting Date, by the alternate payee's gross monthly Pension Allowance as of the alternate payee's Annuity Starting Date, or as of June 1, 1993 for an alternate payee whose Annuity Starting Date occurred prior to January 1, 1989, excluding any portion of such Pension Allowance which represents PBAs to the O&R Participant's Pension Allowance pursuant to Section 11.06 above.  This paragraph shall not apply if the QDRO states that the PBA shall not apply and further shall not apply in any event to any Pension Allowance paid with respect to a Vested O&R Participant whose employment terminated prior to January 1, 1993.  For purposes of applying the provisions of Section 5.02(c)(3) and (4) which provide for the monthly Pension Allowance of a retired O&R Participant or vested O&R Participant to be increased after the death of the contingent annuitant, such increase, if made on a date other than a July 1, shall include the PBA which would have applied under paragraph (a) above if the retired O&R Participant or vested O&R Participant had been receiving the Pension Allowance as a single life annuity as of the immediately preceding July 1.  A retired O&R Participant (including a O&R Participant who remains in service but has commenced his or her Allowance because of attainment of age 70-1/2) or a vested O&R Participant will be considered, for purposes of this Section only, to have multiple Annuity Starting Dates if the Pension Allowance as of the Annuity Starting Date is adjusted thereafter as a result of future Annual Compensation and Accredited Service.  The initial Annuity Starting Date, which is the date as of which a Pension Allowance first begins to the retired or vested O&R Participant from the Plan, applies to the portion of the Pension Allowance attributable to Annual Compensation and Accredited Service prior to such initial Annuity Starting Date.  Thereafter, each subsequent date as of which an Pension Allowance is adjusted after the initial Annuity Starting Date by reason of Annual Compensation or Accredited Service thereafter shall be considered, for purposes of this Section only, as the Annuity Starting Date with respect to the portion of the Pension Allowance attributable to Annual Compensation and Accredited Service since the previous Annuity Starting Date.
c.The terms specified below which are used in Sections 11.06, 11.07, 11.08 and 11.09 shall have the meanings set forth below, unless the context clearly dictates another meaning.
1.CPI-U means the annual average figure under the Consumer Price Index for All 


139


Exhibit  10.1.1



Urban Consumers, U.S.  City Average of All Items (1982-1984=100), or its successor, as published by the United States Bureau of Labor Statistics.
2.Cumulative Percentage Change in the CPI-U for a year is calculated by dividing the difference between the CPI-U for the prior year and the CPI-U for the year prior to the year in which the applicable Annuity Starting Date occurred by the CPI-U for the year prior to the year in which the Annuity Starting Date occurred, and rounding to the nearest 100th of a percent (e.g., for purposes of determining the cumulative percentage change in the CPI-U for 1993 for a retired O&R Participant whose Annuity Starting Date occurred in 1990, subtract the CPI-U for 1989 from the CPI-U for 1992, then divide the result by the CPI-U for 1989 and round to the nearest 100th of a percent).  Notwithstanding any provisions of Sections 11.06, 11.07, 11.08 and 11.09 to the contrary, in all cases when the Annuity Starting Date occurred before January 1, 1989, the cumulative percentage change in the CPI-U for a year shall be calculated by dividing the difference between the CPI-U for the prior year and the CPI-U for 1991 by the CPI-U for 1991, rounding to the nearest 100th of a percent, and adding 20%.
3.Cumulative Maximum Percentage.  For purposes of Section 11.06, Section 11.08 and, Section 11.07, if the O&R Participant had not previously received any PBA under Section 11.06, and Section 11.09, if the alternate payee's Annuity Starting Date is used to determine the PBA, cumulative maximum percentage is 3% for the first year in which a PBA is made and for each succeeding year is 3% plus 103% of the prior year's cumulative maximum percentage, rounded to the nearest 100th of a percent (e.g., 3% for the first year, 6.09% for the second year, 9.27% for the third year).  For purposes of Section 11.06, if the O&R Participant had previously received a PBA under Section 11.06, and Section 11.09, if the Member's Annuity Starting Date is used to determine the PBA, the maximum for the first year is 3% plus 103% of the prior year's cumulative maximum percentage applicable to the Participant, rounded to the nearest 100th of a percent, and for each succeeding year is 3% plus 103% of the prior year's cumulative maximum percentage, rounded to the nearest 100th of a percent.
d.Appendix L attached hereto contains sample illustrations which are intended solely to aid in the interpretation and application of the provisions of Sections 11.06, 11.07, 11.08 and 11.09.








140


Exhibit  10.1.1





Article XII
401(h) Account
12.01    Establishment
Effective January 1, 1986, a “401(h) Account” was established in the CECONY Management Plan and the CECONY Weekly Plan in order to fund post-retirement medical benefits to CECONY Management Participants and CECONY Weekly Participants who meet certain criteria (and the spouses/dependents of such CECONY Participants) and who retire under the terms of this Plan, pursuant to the Retiree Health Plan.  The provisions of the Retiree Health Plan previously were set forth in the CECONY Management Plan and the CECONY Weekly Plan.  Effective January 1, 2001, the provisions of the Retiree Health Plan are set forth in a separate document.  CECONY Participants who are or were in any prior Plan Year “key employees” (as that term is defined in Code Section 416(i)), their spouses and dependents shall not be eligible for the payment of any Retiree Health Plan benefits from the 401(h) Account.
12.02    Terms and Conditions
Effective January 1, 2001, a “401(h) Account” is established under this Plan, and the Retiree Health Plan is maintained by CECONY to provide post-retirement medical, hospital, vision care, and prescription drug benefits to certain retired CECONY Management Participants, CECONY Weekly Participants and CEI Participants who retire from CECONY (and the spouses/dependents of such Participants).
Only a CEI Participant who is a CECONY Eligible Employee, including a Local 3 member hired on and after January 1, 2010, is eligible to participate in the Retiree Health Plan.  A CEI Participant who is a CECONY Eligible Employee must meet the same requirements for participation in the Retiree Health Plan as a CECONY Management Participant.
12.03    Contributions
The 401(h) Account shall be funded by the contributions of CECONY, in its sole discretion, which shall be deposited with the Trustee.  Any and all contributions made by CECONY to the 401(h) Account will be reasonable and ascertainable.  Contributions to the 401(h) Account must not exceed, in the aggregate, 25% of the total annual contributions made to the Retirement Plan.  CECONY may also require that Participants make contributions to the Retiree Health Plan and CECONY shall determine whether such contributions shall be deposited in the 401(h) Account or any other funding vehicle which CECONY may sponsor to fund benefits provided by the Retiree Health Plan.  All such contributions to the 401(h) Account may be commingled with Plan assets for investment and custody purposes, but all contributions 


141


Exhibit  10.1.1



to the 401(h) Account and earnings thereon, if any, together with all disbursements from the 401(h) Account, shall be recorded and accounted for in one or more separate accounts relating solely to the Retiree Health Plan.  If CECONY makes a contribution to the trust fund which includes amounts allocable both to the Plan and to the 401(h) Account, CECONY shall clearly specify the portion of such contribution allocable to the Plan and the portion allocable to the 401(h) Account.  In the event that a Participant’s interest in the 401(h) Account is forfeited prior to termination of the Plan, an amount equal to the amount of the forfeiture shall be applied as soon as possible to reduce any contributions by CECONY to the 401(h) Account.
12.04    Use of Assets
Assets in this 401(h) Account shall be used solely for the purpose of providing retiree health benefits, in accordance with Section 12.06, for those individuals who are determined to be entitled thereto in accordance with the terms of the Retiree Health Plan and to pay any necessary or appropriate expenses attributable to the administration of the 401(h) Account.  The benefits provided by the 401(h) Account shall be subordinate to the pension benefits provided by the Plan.  No part of the corpus or income of the 401(h) Account shall be used for, or diverted to, any purposes other than the provision of health coverage at any time prior to the satisfaction of all liabilities for health coverage hereunder.  Upon the satisfaction of all liabilities incurred pursuant to the Retiree Health Plan, any amount which may remain in the 401(h) Account shall be returned to CECONY by the Trustee.
12.05    Modification, Amendment, and Termination
CECONY reserves the right to modify, amend, or terminate the Retiree Health Plan at any time.  The establishment and operation of the 401(h) Account does not obligate CECONY in any way to continue to maintain any health care plans of any nature or to provide post-retirement health care coverage of any kind.  In the event that CECONY terminates health coverage for retirees, this Plan shall have no liability to provide further health coverage for current or future retirees, for purposes of determining the amount to be returned to CECONY under Section 12.04.  No amendment, modification, or termination of the Retiree Health Plan, nor change in CECONY contributions thereunder, shall retroactively, adversely affect any Participant’s benefit under the Retiree Health Plan.
12.06    Allocation of Responsibility for Payment
Benefits under the Retiree Health Plan are provided through the 401(h) Account, through other funding mechanisms, and through contributions by covered retirees and Surviving Spouses.  The amount payable from the 401(h) Account shall be determined in accordance with the provisions of Appendix E, as in effect from time to time.


142


Exhibit  10.1.1





Article XIII
Return of Contributions to an O&R Participant
13.01    Vested O&R Participant
An O&R Participant who is entitled to a vested Pension Allowance, upon ceasing to be employed by the Company or an Affiliate for any cause other than death, Approved Leave of Absence, or retirement, may elect to receive in one sum within six months thereafter the amount of his or her Accumulated Contributions, if any, at the time he or she ceased to be so employed.  If the present value of his or her Accumulated Contributions exceeds $5,000 or beginning for distributions after March 28, 2005, $1,000, the O&R Participant must consent and if married, his or her spouse must provide Spousal Consent to a distribution.  The consent and Spousal Consent must apply to the form and the timing of the distribution.
13.02    An O&R Participant Not Vested
An O&R Participant who is not entitled to a Pension Allowance shall, upon ceasing to be employed by the Company or an Affiliate for any cause other than death, Approved Leave of Absence, or retirement under the Plan, be paid his or her Accumulated Contributions, if any, within six months after the date he or she ceases to be so employed.  If the present value of his or her Accumulated Contributions exceeds $5,000 or beginning for distributions after March 28, 2005, $1,000, the O&R Participant must consent and if married, his or her spouse must provide Spousal Consent to a distribution.  The consent and Spousal Consent must apply to the form and the timing of the distribution.
13.03    Death of O&R Participant
Upon receipt of proof, satisfactory to the Plan Administrator, of the death of an O&R Participant prior to his or her Annuity Starting Date, provided no other benefit is payable on his or her account, the amount of his or her Accumulated Contributions at the time of his or her death shall be payable in one sum to his or her designated beneficiary, if living, otherwise to such Participant’s legal representatives.
13.04    Cessation of Pension Allowance
Upon the cessation of payments of the Pension Allowance or other benefit payable to or on account of an O&R Participant or the Surviving Spouse of an O&R Participant, the excess, if any, of an O&R Participant’s Accumulated Contributions at retirement or prior to death over the total benefit payments made to him or her or on his or her account shall be paid in one sum to the O&R Participant’s beneficiary, if living, otherwise to the legal representatives of the person last in receipt of such Pension Allowance or other benefit.


143


Exhibit  10.1.1





Article XIV
Domestic Partner Benefits
14.01    Domestic Partner Benefits:  In General 
a.Effective January 1, 2008, Participants may elect one or both Pre- retirement Domestic Partner Survivor Benefit Coverage or Post-retirement Domestic Partner Survivor Benefit Coverage (in the aggregate, “Spousal Benefit Survivor Coverage).   
b.In order to elect Domestic Partner Survivor Benefit Coverage, the Participant and his or her Domestic Partner must register their domestic partnership on a form provided and approved by the Plan Administrator.  The requirements are subject to change from time to time by the Plan Administrator.  Changes will be applied prospectively.  
c. Effective January 1, 2013, Domestic Partner Benefits have been eliminated for CECONY Management Participants, O&R Management Participants and CEI Affiliate Participants.  On and after January 1, 2013, the Retirement Plan recognizes same-sex marriages.  
14.02    Pre -Retirement Domestic Partner Survivor Annuity Coverage  
a.The Pre-retirement Domestic Partner Survivor Annuity is payable as a 50% survivor annuity to the Surviving Domestic Partner.  The survivor annuity will equal 50% of what the Participant would have received had he or she retired rather than died on his or her date of death and began receiving his or her Pension Allowance on the first day of the month following his or her death.  In determining what the Participant would have received had he or she retired rather than died, a reduction occurs to the Pension Allowance to take into account the Pre-retirement Domestic Partner Survivor Annuity coverage.  
b.This provision applies if the Participant elected a Pre-retirement Domestic Partner Survivor Annuity and had less than 75 points on the first day of the month immediately preceding the month in which he or she dies.  If so, his or her Surviving Domestic Partner may elect, instead of the 50% survivor annuity, to take his or her Pre-retirement Domestic Partner Survivor Annuity in a lump sum payment.  
c.If the Participant elects a Pre-retirement Domestic Partner Survivor Annuity, his or her accrued Pension Allowance is reduced to pay for the survivor benefit coverage.  If the Participant dies before his or her Pension Allowance commences, the reduction occurs at the time the Pension Allowance is paid to the Surviving Domestic Partner as a Pre-retirement Domestic Partner Survivor Annuity.  


144


Exhibit  10.1.1



d.If the Participant survives until the date his or her pension allowance commences, his or her Pension Allowance will be reduced to pay for the survivor benefit coverage.    
e.When making an election for the Pre-retirement Domestic Partner Survivor Annuity, the Participant and his or her Domestic Partner must consent to and acknowledge that the Participant’s Pension Allowance will be reduced.   
14.03    Post- retirement Domestic Partner Survivor Benefit Coverage 
a.A Participant may elect a Post -retirement Domestic Partner Survivor Benefit.  The Post -retirement Domestic Partner Survivor Benefit requires a reduction to the Participant’s Pension Allowance.
b.The Post -retirement Domestic Partner Survivor Benefit is payable as a 50% joint and survivor annuity.  The Domestic Partner is the contingent annuitant who, if the Participant predeceases the Domestic Partner, will receive a single life annuity payable monthly.  The single life annuity is equal to 50% of what the Participant was receiving as of the date of his or her death.    
c.The Participant may elect an optional form of benefit for his or her Post -retirement Domestic Partner Survivor Benefit.   She or he may elect a 12 year certain and life annuity, a 100% joint and survivor benefit without a pop-up, a 100% joint and survivor annuity with a pop-up, a 75% joint and survivor benefit without a pop-up and a 75% joint and survivor benefit with a pop-up.  In each case, his or her Domestic Partner will be named as the annuitant.  
d.When making an election for the Post-retirement Domestic Partner Survivor Annuity, the Participant and his or her Domestic Partner must consent to and acknowledge that the Participant’s Pension Allowance will be reduced.   
14.04    Termination of Domestic Partnership
a.The Participant will notify, in writing, the Plan Administrator within 60 days of the earliest of (a) the death of the Participant’s Domestic Partner or (b) the date on which any of the criteria of a Domestic Partner relationship is no longer met.  The effective date of the end of the Domestic Partner relationship is the earliest of: (a) the death of my Domestic Partner or (b) the date on which the Participant files a Statement of Disenrollment, Death or Termination of Domestic Partner with the Company’s Plan Administrator or designated representative. 
b.Once a Participant elects a Pre-retirement Domestic Partner Survivor Annuity, it remains in effect until the Participant notifies the Plan Administrator of the death of his or her Domestic Partner or the termination of the relationship.  
c.If a Participant files a written notice of the death of his or her Domestic Partner or the termination of the relationship, she or he must wait 6 months following such notice to name 


145


Exhibit  10.1.1



another Domestic Partner.  The 6 month waiting period is waived if the Participant provided notice of termination of the relationship and then wants to name the same person again as his or her Domestic Partner.
































































146


Exhibit  10.1.1



Article XV
Section 436 Limitations
15.01    Limitations Applicable If the Plan's Adjusted Funding Target Attainment Percentage Is Less Than 80 Percent or If the Plan Sponsor Is In Bankruptcy
Notwithstanding any other provisions of the Plan, if the Plan's adjusted funding target attainment percentage (“AFTAP”) for a Plan Year is less than 80 percent (or would be less than 80 percent to the extent described in Section (b) below) but is not less than 60 percent, then the limitations set forth in this Section 15.01 apply.
		
	a.
	50 Percent Limitation on Single Sum Payments, Other Accelerated Forms of Distribution, 


and Other Prohibited Payments   A Participant or Beneficiary is not permitted to elect, and the Plan shall not pay, a single sum payment or other optional form of benefit that includes a Prohibited Payment with an Annuity Starting Date on or after the applicable Section 436 Measurement Date, and the Plan shall not make any payment for the purchase of an irrevocable commitment from an insurer to pay benefits or any other payment or transfer that is a Prohibited Payment, unless the present value of the portion of the Pension Allowance that is being paid in a Prohibited Payment does not exceed the lesser of:


		
	i.
	50 percent of the present value of the benefit payable in the optional form of benefit that includes the Prohibited Payment; or


		
	ii.
	100 percent of the PBGC maximum benefit guarantee amount (as defined in § 1.436-1 (d)(3)(iii)(C) of the Treasury Regulations).




The limitation set forth in this Section 15.01(a) does not apply to any payment of a benefit which under Code § 411(a)(11) may be immediately distributed without the consent of the Participant.  If an optional form of benefit that is otherwise available under the terms of the Plan is not available to a Participant or Beneficiary as of the Annuity Starting Date because of the application of the requirements of this Section 15.01(a), the Participant or Beneficiary is permitted to elect to bifurcate the benefit into unrestricted and restricted portions (as described in § 1.436-1(d)(3)(iii)(D) of the Treasury Regulations). The Participant or Beneficiary may also elect any other optional form of benefit otherwise available at that Annuity Starting Date that would satisfy the 50 percent/PBGC maximum benefit guarantee amount limitation described in this Section 15.01 (a), or may elect to defer the Pension Allowance in accordance with any general right to defer commencement under the Plan.
		
	b.
	Plan Amendments Increasing Liability for Benefits  No amendment that has the effect of increasing liabilities by reason of increases in benefits, establishment of new benefits, 




147


Exhibit  10.1.1



changing the rate of benefit accrual, or changing the rate at which benefits become nonforfeitable shall take effect in a plan year if the AFTAP for the plan year is:
		
	i.
	Less than 80 percent; or


		
	ii.
	80 percent or more, but would be less than 80 percent if the benefits attributable to the amendment were taken into account in determining the AFTAP.


The limitation set forth in this Section 15.01 (b) does not apply to any amendment that provides a benefit increase under a plan formula that is not based on compensation, provided that the rate of such increase does not exceed the contemporaneous rate of increase in the average wages of participants covered by the amendment.


15.02    Limitations Applicable If the Plan's AFTAP Is Less Than 60 Percent (or would be less than 60 percent to the extent described in below)
a.Single Sums, Other Accelerated Forms of Distribution, and Other Prohibited Payments Not Permitted.  A Participant or Beneficiary is not permitted to elect, and the Plan shall not pay, a single sum payment or other optional form of benefit that includes a Prohibited Payment with an Annuity Starting Date on or after the applicable section 436 measurement date, and the Plan shall not make any payment for the purchase of an irrevocable commitment from an insurer to pay benefits or any other payment or transfer that is a Prohibited Payment. The limitation set forth in this Section 2(a) does not apply to any payment of a benefit which under Code § 411(a)(11)  may be immediately distributed without the consent of the Participant.
b.Shutdown Benefits and Other Unpredictable Contingent Event Benefits Not Permitted to Be Paid   An unpredictable contingent event benefit with respect to an unpredictable contingent event occurring during a plan year shall not be paid if the AFTAP for the plan year is:
		
	i.
	Less than 60 percent; or


		
	ii.
	60 percent or more, but would be less than 60 percent if the AFTAP were redetermined applying an actuarial assumption that the likelihood of occurrence of the unpredictable contingent event during the plan year is 100 percent.


c.Benefit Accruals Frozen.  Benefit accruals shall cease as of the applicable section 436 Measurement Date. In addition, if the Plan is required to cease benefit accruals, then the Plan is not permitted to be amended in a manner that would increase the liabilities of the plan by reason of an increase in benefits or establishment of new benefits.
15.03    Limitations Applicable If the Plan Sponsor Is In Bankruptcy 
Notwithstanding any other provisions of the Plan, a Participant or Beneficiary is not permitted to elect, and the Plan shall not pay, a single sum payment or other optional form of 


148


Exhibit  10.1.1



benefit that includes a Prohibited Payment with an Annuity Starting Date that occurs during any period in which the plan sponsor is a debtor in a case under title 11, United States Code, or similar Federal or State law, except for payments made within a plan year with an Annuity Starting Date that occurs on or after the date on which the Plan's enrolled actuary certifies that the AFTAP for that plan year is not less than 100 percent.  In addition, during such period in which the plan sponsor is a debtor, the Plan shall not make any payment for the purchase of an irrevocable commitment from an insurer to pay benefits or any other payment or transfer that is a Prohibited Payment, except for payments that occur on a date within a plan year that is on or after the date on which the plan's enrolled actuary certifies that the AFTAP for that plan year is not less than 100 percent. The limitation set forth in this Section does not apply to any payment of a benefit which under § 411(a)(11) of the Internal Revenue Code may be immediately distributed without the consent of the participant.
15.04    Provisions Applicable After Limitations Cease to Apply. 
a.Resumption of Prohibited Payments   If a limitation on a Prohibited Payment under Section 15.01(a), Section 15.02(a), or Section 15.03 applied to the Plan as of a Section 436 Measurement Date, but that limit no longer applies as of a later Section 436 Measurement Date, then that limitation does not apply to benefits with Annuity Starting Dates that are on or after that later Section 436 Measurement Date.
b.Resumption of Benefit Accruals  If a limitation on benefit accruals under Section 15.02(c) applied as of a Section 436 Measurement Date, but that limitation no longer applies as of a later Section 436 Measurement Date, then benefit accruals shall resume prospectively and that limitation does not apply to benefit accruals that are based on service on or after that later Section 436 Measurement Date, except as otherwise provided under the Plan.  The Plan shall comply with the rules relating to partial years of participation and the prohibition on double proration under Department of Labor regulation 29 CFR § 2530.204-2(c) and (d).
c.Shutdown and Other Unpredictable Contingent Event Benefits  If an unpredictable contingent event benefit with respect to an unpredictable contingent event that occurs during the plan year is not permitted to be paid after the occurrence of the event because of the limitation of Section 15.02(b), but is permitted to be paid later in the same plan year (as a result of additional contributions or pursuant to the enrolled actuary's certification of the AFTAP for the plan year that meets the requirements of § 1.436-1(g)(5)(ii)(B) of the Treasury Regulations), then that unpredictable contingent event benefit shall be paid, retroactive to the period that benefit would have been payable under the terms of the plan (determined without regard to Section 15.02(b)). If the unpredictable contingent event benefit does not become payable during the plan 


149


Exhibit  10.1.1



year in accordance with the preceding sentence, then the plan is treated as if it does not provide for that benefit.
15.05    Treatment of Plan Amendments That Do Not Take Effect   
If a plan amendment does not take effect as of the effective date of the amendment because of the limitation of Section 15.01(b) or Section 15.02(c), but is permitted to take effect later in the same plan year (as a result of additional contributions or pursuant to the enrolled actuary's certification of the AFTAP for the plan year that meets the requirements of § 1.436-1(g)(5)(ii)(C) of the Treasury Regulations), then the plan amendment must automatically take effect as of the first day of the plan year (or, if later, the original effective date of the amendment).  If the plan amendment cannot take effect during the same plan year, then it shall be treated as if it were never adopted, unless the plan amendment provides otherwise.
15.06    Interpretation of Provisions 
The limitations imposed by this section of the plan shall be interpreted and administered in accordance with § 436 of the Internal Revenue Code and § 1.436-1 of the Treasury Regulations.
15.07    PPA Rules Relating to Funding
In accordance with Code Section 401(a)(29), the Plan shall be subject to the benefit limitations described herein, to the extent such provisions apply to the Plan at the relevant time.  
15.08    Special Definitions
a.Adjusted Funding Target Attainment Percentage means for any Plan Year a fraction (expressed as a percentage) the numerator of which is the Adjusted Plan Assets and the denominator of which is the Adjusted Funding Target.  Adjusted Plan assets equals the value of Plan assets, decreased by the Plan's funding standard carryover balance and prefunding balance and increased by the aggregate amount of purchases of annuities for Participants and Beneficiaries (other than participants who, at the time of the purchase, were highly compensated employees) which were made by the Plan during the preceding 2 plan years, to the extent not included in assets under Code Section 430.  
b.Funding target attainment percentage means for a plan year a fraction (expressed as a percentage)-
(A) The numerator of which is the value of plan assets for the Plan Year (determined under the rules of § 1.430(g)-1) after subtraction of the prefunding balance and the funding standard carryover balance under Code Section 430(f)(4)(B) and § 1.430(f)-1(c); and (B) the denominator of which is the funding target of the Plan for the Plan Year (determined without regard to the at-risk rules of Code Section 430(i) and § 1.430(i)-1).


150


Exhibit  10.1.1



		
	c.
	Section 436 Measurement Date means the date that stops or starts the application of 


the Code Sections 436(d) and 436(e) Limitations.  The Section 436 Measurement Date is also used for calculations with respect to applying the limitations of Code Sections 436(b) and 436(c). The date of the enrolled actuary's certification of the AFTAP for the Plan Year is a Section 436 Measurement Date if it is made during the Plan Year. A Section 436 Measurement Date also occurs where there is a change in the Plan's presumed AFTAP under the presumption rules of Code Section 436(h).
d.Code Section 436 Restrictions means restrictions against increased benefit accruals, Pension Allowances paid in restricted optional forms, and restrictions against plan amendments that increase benefits.  Code Section 436 Restrictions apply if the Adjusted Funding Target Attainment Percentage drops below certain levels.   
e.Prohibited Payment means: (i) any payment in excess of the monthly amount paid under a single life annuity, plus any social security supplements that are provided, to a Participant or Beneficiary, whose ASD  occurs during any period that a Code Section 436 Restriction is in effect; (ii) any payment for the purchase of an irrevocable commitment from an insurer to pay benefits; (iii) any transfer of assets and liabilities to another plan maintained by the same employer that is made in order to avoid or terminate the application of Code Section 436 Restriction; and (iv) any other amount that is identified as a Prohibited Payment by the Commissioner in revenue rulings and procedures, notices, and other guidance published in the Internal Revenue Bulletin.







151



Exhibit  10.1.1







THE
CONSOLIDATED
EDISON
RETIREMENT PLAN
PART II (A) 
of THREE PARTS








Exhibit  10.1.1







Subject to the Following Amendments and Clarifications:


n  Clarified on May 2, 2002; 
n  Amended December 13, 2001;
n  Amended April 2003 In Accordance with IRS Issuance of Favorable Determination Letter;
n  Amended August 2004 for 2004 Agreement Between Local Union 503 of the International Brotherhood of Electrical Workers, AFLO-CIO and O&R;
n  Amended August 2004 for O&R Management Employees Changes Concurrent with O&R Hourly Employees;
n  Amended August 2004 for the 2004-2008 Collective Bargaining Agreement Between Consolidated Edison Company of New York, Inc. and Local 1-2 of the Utility Workers Union of America, AFL-CIO;
n  Amended July 2004 to Update Factors - O&R Optional Forms;
n  Amended and Restated November 2004 for Miscellaneous Changes;
n  Amended September 2005 for the 2005-2009 Collective Bargaining Contract Between Consolidated Edison Company of New York, Inc. and Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO;
n  Amended November 2008 In Accordance with the September 23, 2008 IRS Favorable Determination Letter;
n  Restated as of January 31, 2007 in Accordance with Revenue Procedure 2005-66 and Notice 2005-101; 
n  The January 2007 Restatement Reflects Changes Under EGTRRA, with Technical Corrections Made by the (i) Job Creation and Worker Assistance Act of 2002 (JCWAA), (ii) the Pension Funding Equity Act of 2004 (PFEA), and (iii) the 




Exhibit  10.1.1



American Jobs Creation Act of 2004 (AJCA);
n  Amended December 2008 for (i) Domestic Partner Benefits, (ii) Accelerated Vesting for Cash Balance and (iii) 75% QJSA Option;
n  Amended December 2008 for the 2008-2012 Collective Bargaining Contract Between Consolidated Edison Company of New York, Inc. and Local 1-2 of the Utility Workers Union of America, AFL-CIO; 
n  Amended December 2008 for a Special Pension Accrual for CECONY Management Employees;
n  Amended in 2011 for Submission to the IRS for a Favorable Determination Letter Under Revenue Procedure 2011-6, Taking Into Account: (i) the Pension Protection Act of 2006 (PPA '06), (ii) the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007, (iii) the Heroes Earnings Assistance and Relief Tax Act of 2008 (HEART Act), (iv) the Worker, Retiree, and Employer Recovery Act of 2008 (WRERA), and (v) the Small Business Jobs Act of 2010 (SBJA); 
n  Amended December 2012 Taking Into Account the Following: (1) Changes Resulting from Total Rewards;
(2) Changes to the Named Fiduciaries Structure;
(3) Changes Resulting from the 2012 - 2016 Collective Bargaining  Contract Between Local 1-2 and CECONY;
(4) Changes to the Suspension of Benefits Rule; and
(5) Administrative and Operational Changes;
n   Amended June 2013 to Correct Prior Language Regarding Cash-Outs;
n   Amended to take into account the requirement of the Jobs and Growth Tax Relief Reconciliation Act of 2003, as requested by the Internal Revenue Service, during its review of the Retirement Plan’s Application for a favorable determination letter 




Exhibit  10.1.1



n  Amended October 2013 to Take Into Account the Changes Resulting from the 2013 - 2017 Collective Bargaining Contract Between Local 3 and CECONY
n   Amended to Take Into Account the 
2014 - 2017 Collective Bargaining Agreement Between 
Local Union 503 of the International Brotherhood of Electrical Workers, AFL-CIO and O&R ;
n   Amended to Take Into Account (1) the 2016 - 2020 Collective Bargaining Contract Between Local Union 1-2 of the Utility Workers Union of America, AFL-CIO and CECONY; (2) Changes Approved by the Boards for Management Employees on and after January 1, 2017; and (3) Elimination of the Buy-Back Feature for All Participants.








































































Exhibit  10.1.1





APPENDICES


TABLE OF CONTENT 








Name of Appendix                Page






Appendix A    -    Actuarial Factors


Subappendix     A -1     Actuarial Factors for CECONY Participants


Subappendix     A -2    Actuarial Factors for O&R Participants


Subappendix     A -3     Actuarial Factors for CEI Participants    
        
Subappendix     A -4    Actuarial Factors for Domestic Partner Benefits


Appendix B    -    Employers                        B-1


Appendix C    -    Provisions Applicable to                 C-1 to C-4
O&R Participants Transferred to or 
Hired by CECONY or a CEI Affiliate


Appendix D    -    Provisions Applicable to Participants             D-1 to D-2
Employed at Facilities Purchased From 
Western Massachusetts Electric Company


Appendix E    -    Determination of Amounts Payable             E-1 to E-2
from 401(h) Account


Appendix F        Normal Retirement Benefit Formulas            F-


Appendix G    -    Special Pension Adjustment                G


Appendix H    -    Provisions Applicable to CECONY             H-1 to H-2
Participants at Fossil-Fueled 
Divested Operations


Appendix I    -    Provisions Applicable to                 I-1 to I-9
O&R Participants under O&R’s
Pension Protection Program


Attachments to I    Summary of Pension Allowances to be            I-10 to I-14
Provided by O&R to Employees Affected
By the Southern Energy Divestiture


Appendix J    -    Provisions Applicable to                 J-1 to J-2
Affected Indian Point (IP) Employees






Exhibit  10.1.1





Appendix K    -    Provision Applicable to                 K-1 to K-7
Voluntary Retirement Incentive - Support 
Organizations Program


Appendix L    -    Sample Illustrations of O&R PBA            L-1 to L-3
            
Appendix M    -    Provisions Applicable to Participants            M-1
Employed at the Lakewood Plant














































Exhibit  10.1.1



APPENDIX A
Actuarial Factors




Sub appendix A -1   CECONY Participants


Sub appendix A.1    Actuarial Factors Applicable to CECONY Participants
Tables A to G provide the actuarial factors that are applied for calculating and computing Pension Allowances for CECONY Management Participants and CECONY Weekly Participants, and, when applicable, to CECONY Weekly Employees -1.
Tables I to L provide the actuarial factors that are applied for calculating and computing Pension Allowances for CECONY Weekly Participants -1. 


	
			
	Tables A-G Apply to 
CECONY Management Participants, CECONY Weekly Participants
And, When Explicitly Indicated, CECONY Weekly Participants -1 

	Table
	Title
	Page

	A
	Early Retirement Discount Factors:
All CECONY Participants whether married or single other than CECONY Local 3 Employees -1 
	A- 3

	B
	Conversion from Single Life to Twelve Year Certain 
and Life Annuity Conversion Factors
All single (unmarried) CECONY Participants and all married CECONY Weekly Participants -1 who choose to waive the spousal death benefit and elect a non spouse beneficiary
	A- 5

	C
	Conversion From 50% Joint & Survivor to Twelve Year Certain With 50% Joint & Survivor
Not Applicable to CECONY Weekly Participants -1 
	A- 6 to A-15

	D
	Early Retirement Factors - Excess Formula
Applicable only to CECONY Management Participants
	A-16

	E
	Conversion From 50% Joint & Survivor to 100% Joint & Survivor 
Not Applicable to CECONY Weekly Participants -1
	A-17 to A-20

	F
	Conversion From 50% Joint & Survivor to 100% Joint & Survivor With Pop-Up
Not Applicable to CECONY Weekly Participants -1
	A-21 to A-24

	G
	Factor for Level Income  All CECONY Participants whose Distributions Begin Before January 1, 2005.
	A-25 to A-28








Exhibit  10.1.1



	
			
	Tables I to L Apply to Only to 
CECONY Weekly Participants -1 

	I
	Conversion From Single Life to Twelve Year Certain with 50% Joint & Survivor without Pop-Up 
	 

	J
	Conversion from Single Life to 100% Joint and Survivor without Pop-Up
	 

	K
	Conversion from Single Life to 100% Joint and Survivor with Pop -Up
	 

	L
	Conversion from Single Life to 50% Joint and Survivor without Pop-Up 
	 












































































































Exhibit  10.1.1





Sub appendix A -2    O&R Participants


Sub appendix A.2    Actuarial Factors Applicable to O&R Participants
Tables A to F provide the actuarial factors that are applied for calculating and computing Pension Allowances for O&R Management Participants and O&R Hourly Participants who begin the distribution of their Pension Allowance before July 1, 2004.
Tables G to L provide the actuarial factors that are applied for calculating and computing Pension Allowances for O&R Management Participants and O&R Hourly Participants who begin their distribution of their Pension Allowance after July 1, 2004.




Exhibit  10.1.1



	
				
	Tables A to F apply to
O&R Participants who begin distribution on or before July 1, 2004

	Table
	Title
	Page

	A
	Joint and 100% Survivor Option Factors without Pop-Up
	A-29 to A-30

	B
	Joint and 50% Survivor Option Factors without Pop-Up
	A-31 to A-32

	C
	Joint and 100% Survivor Option with Pop-Up Factors
	A-33 to A-34

	D
	Joint and 50% Survivor Option With Pop-Up Factors
	A-35 to A-36

	E
	Reduction Factors For Vested Participant Spouse’s Allowance Coverage
	A-37

	F
	Interest Rates and Mortality Tables
	A-38

	Tables G to L apply to
O&R Participants who begin distribution on and after July 1, 2004

	Table
	Title
	Page

	G
	Joint and 100% Survivor Option Factors without Pop-Up
	A-29 to A-30

	H
	Joint and 50% Survivor Option Factors without Pop-Up
	A-31 to A-32

	I
	Joint and 100% Survivor Option with Pop-Up Factors
	A-33 to A-34

	J
	Joint and 50% Survivor Option With Pop-Up Factors
	A-35 to A-36

	K
	Reduction Factors For Vested Participant Spouse’s Allowance Coverage
	A-37

	L
	Interest Rates and Mortality Tables
	A-38












































Exhibit  10.1.1



Sub appendix A -3    CEI Participants


Sub appendix A.3        Actuarial Factors Applicable to CEI Participants


Tables A to E provide the actuarial factors that are applied for calculating and computing Pension Allowances for CEI Participants.




	
			
	Table 
	Title
	Page 

	A
	Twelve Year Certain and Life Annuity Conversion Factors
	A-89

	B
	100% Joint and Survivor Annuity, without Pop-Up, Conversion Factors
	A-90 to A-95

	C
	100% Joint and Survivor Annuity with Pop-Up Conversion Factors
	A-96 - A-91

	D
	50% Joint and Survivor Annuity without Pop-Up Conversion Factors
	A-92 - A-108


































































Exhibit  10.1.1





Sub appendix A -4    Domestic Partner Benefits 


Sub appendix A.4      Actuarial Factors Applicable to Domestic Partner Benefits 


This subappendix applies to Domestic Partner benefits including a pre -retirement domestic partner survivor annuity and a post-retirement domestic partner survivor annuity benefit.






















































































Exhibit  10.1.1



Sub appendix A.1 
Table A - 
Early Retirement Discount Factors
To be applied to a CECONY Participant with 75 points
Applied To The Participant’s Accrued Pension For Retirements Prior To 
Attainment Of A CECONY Participant’s  Sixtieth Birthday And The Actual Date Of 
Retirement Table Does Not Apply to “55 + 30”Participant; or “59 + 30”CECONY Local 3 Employee -1  Participant 


(Also Applied In Calculation Of Surviving Spouse Benefit)


	
															
	Months
Prior age 60
	Age
	Discount
Factor
	Months
Prior to age 60
	Age
	Discount
Factor
	Months
Prior to age 60
	Age
	Discount
Factor
	Months
Prior to age 60
	Age
	Discount
Factor
	Months
Prior to age 60
	Age
	Discount
Factor

	1
	 
	0.99875
	37
	 
	0.95375
	  73
	 
	0.54100
	109
	 
	0.43400
	145
	 
	0.36200

	2
	 
	0.99750
	38
	 
	0.95250
	  74
	 
	0.53800
	110
	 
	0.43200
	146
	 
	0.36000

	3
	 
	0.99625
	39
	 
	0.95125
	  75
	 
	0.53500
	111
	 
	0.43000
	147
	 
	0.35800

	4
	 
	0.99500
	40
	 
	0.95000
	  76
	 
	0.53200
	112
	 
	0.42800
	148
	 
	0.35600

	5
	 
	0.99375
	41
	 
	0.94875
	  77
	 
	0.52900
	113
	 
	0.42600
	149
	 
	0.35400

	6
	 
	0.99250
	42
	 
	0.94750
	  78
	 
	0.52600
	114
	 
	0.42400
	150
	 
	0.35200

	7
	 
	0.99125
	43
	 
	0.94625
	  79
	 
	0.52300
	115
	 
	0.42200
	151
	 
	0.35000

	8
	 
	0.99000
	44
	 
	0.94500
	  80
	 
	0.52000
	116
	 
	0.42000
	152
	 
	0.34800

	9
	 
	0.98875
	45
	 
	0.94375
	  81
	 
	0.51700
	117
	 
	0.41800
	153
	 
	0.34600

	10
	 
	0.98750
	46
	 
	0.94250
	  82
	 
	0.51400
	118
	 
	0.41600
	154
	 
	0.34400

	11
	 
	0.98625
	47
	 
	0.94125
	  83
	 
	0.51100
	119
	 
	0.41400
	155
	 
	0.34200

	12
	(59)
	0.98500
	48
	(56)
	0.94000
	  84
	(53)
	0.50800
	120
	(50)
	0.41200
	156
	(47)
	0.34000

	13
	 
	0.98375
	49
	 
	0.93875
	  85
	 
	0.50500
	121
	 
	0.41000
	157
	 
	0.33800

	14
	 
	0.98250
	50
	 
	0.93750
	  86
	 
	0.50200
	122
	 
	0.40800
	158
	 
	0.33600

	15
	 
	0.98125
	51
	 
	0.93625
	  87
	 
	0.49900
	123
	 
	0.40600
	159
	 
	0.33400

	16
	 
	0.98000
	52
	 
	0.93500
	  88
	 
	0.49600
	124
	 
	0.40400
	160
	 
	0.33200

	17
	 
	0.97875
	53
	 
	0.93375
	  89
	 
	0.49300
	125
	 
	0.40200
	161
	 
	0.33000

	18
	 
	0.97750
	54
	 
	0.93250
	  90
	 
	0.49000
	126
	 
	0.40000
	162
	 
	0.32800

	19
	 
	0.97625
	55
	 
	0.93125
	  91
	 
	0.48700
	127
	 
	0.39800
	163
	 
	0.32600

	20
	 
	0.97500
	56
	 
	0.93000
	  92
	 
	0.48400
	128
	 
	0.39600
	164
	 
	0.32400

	21
	 
	0.97375
	57
	 
	0.92875
	  93
	 
	0.48100
	129
	 
	0.39400
	165
	 
	0.32200

	22
	 
	0.97250
	58
	 
	0.92750
	  94
	 
	0.47800
	130
	 
	0.39200
	166
	 
	0.32000

	23
	 
	0.97125
	59
	 
	0.92625
	  95
	 
	0.47500
	131
	 
	0.39000
	167
	 
	0.31800

	24
	(58)
	0.97000
	60
	(55)
	0.92500
	  96
	(52)
	0.47200
	132
	(49)
	0.38800
	168
	(46)
	0.31600

	25
	 
	0.96875
	61
	 
	0.57700
	  97
	 
	0.46900
	133
	 
	0.38600
	169
	 
	0.31400

	26
	 
	0.96750
	62
	 
	0.57400
	  98
	 
	0.46600
	134
	 
	0.38400
	170
	 
	0.31200

	27
	 
	0.96625
	63
	 
	0.57100
	  99
	 
	0.46300
	135
	 
	0.38200
	171
	 
	0.31000

	28
	 
	0.96500
	64
	 
	0.56800
	100
	 
	0.46000
	136
	 
	0.38000
	172
	 
	0.30800

	29
	 
	0.96375
	65
	 
	0.56500
	101
	 
	0.45700
	137
	 
	0.37800
	173
	 
	0.30600

	30
	 
	0.96250
	66
	 
	0.56200
	102
	 
	0.45400
	138
	 
	0.37600
	174
	 
	0.30400

	31
	 
	0.96125
	67
	 
	0.55900
	103
	 
	0.45100
	139
	 
	0.37400
	175
	 
	0.30200

	32
	 
	0.96000
	68
	 
	0.55600
	104
	 
	0.44800
	140
	 
	0.37200
	176
	 
	0.30000

	33
	 
	0.95875
	69
	 
	0.55300
	105
	 
	0.44500
	141
	 
	0.37000
	177
	 
	0.29800

	34
	 
	0.95750
	70
	 
	0.55000
	106
	 
	0.44200
	142
	 
	0.36800
	178
	 
	0.29600

	35
	 
	0.95625
	71
	 
	0.54700
	107
	 
	0.43900
	143
	 
	0.36600
	179
	 
	0.29400

	36
	(57)
	0.95500
	72
	(54)
	0.54400
	108
	(51)
	0.43600
	144
	(48)
	0.36400
	180
	(45)
	0.29200




Exact ages shown in parenthesis




Exhibit  10.1.1





Sub appendix A. 1


TABLE B -


Conversion from Single Life to Twelve Year Certain
And Life Annuity Conversion Factors


Applies to all single CECONY Participants and
All married CECONY Weekly Participants - 1 who choose this option


	
					
	 
	Age
	 
	Factor
	 

	 
	45
	 
	0.9948
	 

	 
	46
	 
	0.9942
	 

	 
	47
	 
	0.9935
	 

	 
	48
	 
	0.9927
	 

	 
	49
	 
	0.9919
	 

	 
	50
	 
	0.9911
	 

	 
	51
	 
	0.9901
	 

	 
	52
	 
	0.9891
	 

	 
	53
	 
	0.9880
	 

	 
	54
	 
	0.9868
	 

	 
	55
	 
	0.9854
	 

	 
	56
	 
	0.9838
	 

	 
	57
	 
	0.9820
	 

	 
	58
	 
	0.9800
	 

	 
	59
	 
	0.9776
	 

	 
	60
	 
	0.9748
	 

	 
	61
	 
	0.9716
	 

	 
	62
	 
	0.9679
	 

	 
	63
	 
	0.9637
	 

	 
	64
	 
	0.9589
	 

	 
	65
	 
	0.9535
	 

	 
	66
	 
	0.9474
	 

	 
	67
	 
	0.9405
	 

	 
	68
	 
	0.9329
	 

	 
	69
	 
	0.9243
	 

	 
	70
	 
	0.9148
	 

	 
	71
	 
	0.9042
	 

	 
	72
	 
	0.8925
	 

	 
	73
	 
	0.8796
	 

	 
	74
	 
	0.8654
	 

	 
	75
	 
	0.8499
	 






Basis:            GATT GAM (1983 GAM with Margins Weighted                             50% male and 50% female) 7.50%
Effective Date:        January 1, 1995











Exhibit  10.1.1



Sub appendix A. 1
TABLE  C 
Conversion From 50% Joint & Survivor to 
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	Beneficiary’s Age
At Pensioner’s
Retirement
	



	 
	 
	 
	

PENSIONER WHOSE RETIREMENT AGE IS:
  
	 
	 
	 
	 
	Beneficiary’s
Age At Pensioner’s
Retirement

	 
	20
	21
	22
	23
	24
	25
	26
	27
	28
	29
	30
	31
	32
	33
	354
	35
	 

	20
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	20

	21
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	21

	22
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	22

	23
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	23

	24
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	24

	25
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	25

	26
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	26

	27
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	27

	28
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	28

	29
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	29

	30
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	30

	31
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	31

	32
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	32

	33
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	33

	34
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	34

	35
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	35

	36
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	36

	37
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	37

	38
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	38

	39
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	39

	40
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	40

	41
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	12

	42
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	42

	43
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	43

	44
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	44

	45
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	45

	46
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	46

	47
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	47

	48
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	48

	49
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	49

	50
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	50

	51
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	51

	52
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	52

	53
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	53

	54
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	54

	 
	20
	21
	22
	23
	24
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	 




PENSIONER WHOSE RETIREMENT AGE IS:       * = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE






Exhibit  10.1.1



Sub appendix A. 1
TABLE  C 
 Conversion From 50% Joint & Survivor to 
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	Beneficiary’s Age At
Pensioner’s Retirement
	20
	21
	22
	23
	

PENSIONER WHOSE RETIREMENT AGE IS:
 
   24          25         26          27          28           29            30      31
	32
	33
	34
	35
	Beneficiary’s Age At
Pensioner’s Retirement

	55
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	55

	56
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	56

	57
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	57

	58
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	58

	59
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	59

	60
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	60

	61
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	61

	62
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	62

	63
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	63

	64
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	64

	65
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	65

	66
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	66

	67
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	67

	68
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	68

	69
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	69

	70
	*
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	70

	71
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	71

	72
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	72

	73
	*
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	73

	75
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	75

	76
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	76

	77
	*
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	77

	78
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	78

	79
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	79

	80
	*
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	80

	81
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	81

	82
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	82

	83
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	83

	84
	*
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	84

	85
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	85

	86
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	86

	87
	*
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	87

	88
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	88

	89
	*
	*
	*
	*
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	89

	 
	20
	21
	22
	23
	24
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	 




PENSIONER WHOSE RETIREMENT AGE IS:   *    = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE 
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE






Exhibit  10.1.1



Sub appendix A. 1
TABLE C -
Conversion From 50% Joint & Survivor to
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	





	 
	 
	 
	

PENSIONER WHOSE RETIREMENT AGE IS:


   
	





	 
	 
	 
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	 
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45
	46
	47
	48
	49
	50
	 

	20
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	20

	21
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	21

	22
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	22

	23
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	23

	24
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	24

	25
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	25

	26
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	26

	27
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	27

	28
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	28

	29
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	29

	30
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	30

	31
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	31

	32
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	32

	33
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	33

	34
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	34

	35
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	35

	36
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	36

	37
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	37

	38
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	38

	39
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	39

	40
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	40

	41
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	12

	42
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	42

	43
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	43

	44
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	44

	45
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	45

	46
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	46

	47
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	47

	48
	.999
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	48

	49
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.996
	49

	50
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.996
	50

	51
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	51

	52
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	52

	53
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	53

	54
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	54

	 
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45
	46
	47
	48
	49
	50
	 




PENSIONER WHOSE RETIREMENT AGE IS:       * = 1.000INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1


TABLE C -
Conversion From 50% Joint & Survivor to
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	





	 
	 
	 
	

PENSIONER WHOSE RETIREMENT AGE IS:


   
	 
	 
	 
	 
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	 
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45
	46
	47
	48
	49
	50
	 

	55
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	55

	56
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	56

	57
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	57

	58
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	58

	60
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	60

	61
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	61

	62
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	62

	63
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	63

	64
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	64

	65
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	65

	66
	.999
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.996
	.995
	66

	67
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.996
	.995
	67

	68
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	.995
	68

	69
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.996
	.995
	69

	70
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	70

	71
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	71

	72
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	72

	73
	.999
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	73

	74
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	74

	75
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.997
	.996
	.995
	.995
	.994
	75

	76
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.997
	.996
	.995
	.995
	.994
	76

	77
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.997
	.996
	.995
	.995
	.994
	77

	78
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.997
	.996
	.995
	.995
	.994
	78

	79
	.999
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.996
	.995
	.995
	.994
	79

	80
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.994
	80

	81
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.994
	81

	82
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.994
	82

	83
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.993
	83

	84
	.999
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.993
	84

	85
	.999
	.999
	.998
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.996
	.995
	.994
	.994
	.993
	85

	86
	.999
	.999
	.998
	.998
	.998
	.998
	.998
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.994
	.993
	86

	87
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.994
	.993
	87

	88
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.993
	.993
	88

	89
	.999
	.999
	.998
	.998
	.998
	.998
	.997
	.997
	.997
	.996
	.996
	.995
	.995
	.994
	.993
	.993
	89

	 
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45
	46
	47
	48
	49
	50
	 




PENSIONER WHOSE RETIREMENT AGE IS:     * = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1
TABLE C - 
Conversion From 50% Joint & Survivor to
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	





	 
	 
	 
	

PENSIONER WHOSE RETIREMENT AGE IS:


  
	 
	 
	 
	 
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	 
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61
	62
	63
	64
	65
	 

	20
	.996
	.996
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.983
	.980
	20

	21
	.996
	.996
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.983
	.980
	21

	22
	.996
	.996
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	22

	23
	.996
	.996
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	23

	24
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	24

	25
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	25

	26
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	26

	27
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	27

	28
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	28

	29
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	29

	30
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	30

	31
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	31

	32
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	32

	33
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	33

	34
	.996
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	34

	35
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	35

	36
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	36

	37
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	37

	38
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	38

	39
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	39

	40
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	40

	41
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	12

	42
	.996
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	42

	43
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.986
	.984
	.982
	.979
	43

	44
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.985
	.984
	.982
	.979
	44

	45
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.985
	.984
	.981
	.979
	45

	46
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.985
	.984
	.981
	.979
	46

	47
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.985
	.983
	.981
	.979
	47

	48
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.985
	.983
	.981
	.979
	48

	49
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.991
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	49

	50
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	50

	51
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	51

	52
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	52

	53
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.978
	53

	54
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.981
	.978
	54

	 
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61
	62
	63
	64
	65
	 




PENSIONER WHOSE RETIREMENT AGE IS:     * = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1


TABLE C-
Conversion From 50% Joint & Survivor to
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	50
	51
	52
	53
	

PENSIONER WHOSE RETIREMENT AGE IS:


54           55           56           57       58           59       60           61
	62
	63
	64
	65
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	55
	.996
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.981
	.978
	55

	56
	.996
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.980
	.978
	56

	57
	.996
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	.978
	57

	58
	.996
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	.978
	58

	59
	.995
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	.977
	59

	60
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	.977
	60

	61
	.995
	.995
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	.977
	61

	62
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.986
	.984
	.982
	.979
	.977
	62

	63
	.995
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.985
	.984
	.981
	.979
	.976
	63

	64
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.991
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	.976
	64

	65
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.978
	.976
	65

	66
	.995
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.981
	.978
	.975
	66

	67
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.980
	.978
	.975
	67

	68
	.995
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	.978
	.975
	68

	70
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.979
	.977
	.974
	70

	71
	.995
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.988
	.987
	.985
	.984
	.981
	.979
	.976
	.973
	71

	72
	.995
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	.976
	.973
	72

	73
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.981
	.978
	.975
	.972
	73

	74
	.995
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.980
	.978
	.975
	.972
	74

	75
	.994
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	.977
	.974
	.971
	75

	76
	.994
	.994
	.993
	.992
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.979
	.977
	.974
	.970
	76

	77
	.994
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.984
	.981
	.979
	.976
	.973
	.970
	77

	78
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	.976
	.973
	.969
	78

	79
	.994
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.981
	.978
	.975
	.972
	.968
	79

	80
	.994
	.993
	.992
	.992
	.991
	.990
	.989
	.988
	.986
	.984
	.982
	.980
	.978
	.975
	.971
	.968
	80

	81
	.994
	.993
	.992
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	.977
	.974
	.971
	.967
	81

	82
	.994
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.984
	.982
	.979
	.977
	.974
	.970
	.966
	82

	83
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	.976
	.973
	.970
	.966
	83

	84
	.993
	.993
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.981
	.979
	.976
	.973
	.969
	.965
	84

	85
	.993
	.992
	.992
	.991
	.990
	.989
	.988
	.986
	.985
	.983
	.981
	.978
	.975
	.972
	.968
	.964
	85

	86
	.993
	.992
	.992
	.991
	.990
	.989
	.987
	.986
	.984
	.982
	.980
	.978
	.975
	.972
	.968
	.964
	86

	87
	.993
	.992
	.991
	.990
	.990
	.988
	.987
	.986
	.984
	.982
	.980
	.977
	.974
	.971
	.967
	.963
	87

	88
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.984
	.982
	.980
	.977
	.974
	.970
	.967
	.962
	88

	89
	.993
	.992
	.991
	.990
	.989
	.988
	.987
	.985
	.983
	.981
	.979
	.977
	.973
	.970
	.966
	.962
	89

	 
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61
	62
	63
	64
	65
	 




PENSIONER WHOSE RETIREMENT AGE IS:    * = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1
TABLE C -
Conversion From 50% Joint & Survivor to 
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	65
	66
	67
	68
	

PENSIONER WHOSE RETIREMENT AGE IS:


69           70         71         72          73           74          75          76
	77
	78
	79
	80
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	20
	.980
	.978
	.975
	.972
	.969
	.966
	.962
	.958
	.953
	.948
	.942
	.937
	.931
	.924
	.918
	.911
	20

	21
	.980
	.978
	.975
	.972
	.969
	.966
	.962
	.958
	.953
	.948
	.942
	.937
	.931
	.924
	.917
	.911
	21

	22
	.980
	.978
	.975
	.972
	.969
	.966
	.962
	.958
	.953
	.948
	.942
	.937
	.930
	.924
	.917
	.911
	22

	23
	.980
	.978
	.975
	.972
	.969
	.966
	.962
	.957
	.953
	.948
	.942
	.937
	.930
	.924
	.917
	.910
	23

	24
	.980
	.978
	.975
	.972
	.969
	.966
	.962
	.957
	.953
	.948
	.942
	.936
	.930
	.924
	.917
	.910
	24

	25
	.980
	.978
	.975
	.972
	.969
	.966
	.962
	.957
	.953
	.948
	.942
	.936
	.930
	.924
	.917
	.910
	25

	26
	.980
	.978
	.975
	.972
	.969
	.965
	.962
	.957
	.953
	.948
	.942
	.936
	.930
	.924
	.917
	.910
	26

	27
	.980
	.978
	.975
	.972
	.969
	.965
	.962
	.957
	.953
	.947
	.942
	.936
	.930
	.923
	.917
	.910
	27

	28
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.942
	.936
	.930
	.923
	.917
	.910
	28

	29
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.942
	.936
	.930
	.923
	.917
	.910
	29

	30
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.942
	.936
	.930
	.923
	.916
	.910
	30

	31
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.942
	.936
	.930
	.923
	.916
	.909
	31

	32
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.941
	.936
	.929
	.923
	.916
	.909
	32

	33
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.941
	.935
	.929
	.923
	.916
	.909
	33

	34
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.941
	.935
	.929
	.923
	.916
	.909
	34

	35
	.980
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.941
	.935
	.929
	.922
	.916
	.908
	35

	36
	.980
	.977
	.975
	.972
	.968
	.965
	.961
	.956
	.952
	.947
	.941
	.935
	.929
	.922
	.915
	.908
	36

	37
	.980
	.977
	.975
	.972
	.968
	.965
	.961
	.956
	.952
	.946
	.941
	.935
	.928
	.922
	.915
	.908
	37

	38
	.980
	.977
	.975
	.972
	.968
	.965
	.961
	.956
	.951
	.946
	.941
	.935
	.928
	.922
	.915
	.908
	38

	39
	.980
	.977
	.975
	.972
	.968
	.965
	.961
	.956
	.951
	.946
	.940
	.934
	.928
	.921
	.914
	.907
	39

	40
	.980
	.977
	.974
	.971
	.968
	.964
	.960
	.956
	.951
	.946
	.940
	.934
	.928
	.921
	.914
	.907
	40

	41
	.980
	.977
	.974
	.971
	.968
	.964
	.960
	.956
	.951
	.946
	.940
	.934
	.927
	.921
	.914
	.907
	12

	42
	.980
	.977
	.974
	.971
	.968
	.964
	.960
	.956
	.951
	.945
	.940
	.934
	.927
	.920
	.913
	.906
	42

	43
	.979
	.977
	.974
	.971
	.968
	.964
	.960
	.955
	.951
	.945
	.939
	.933
	.927
	.920
	.913
	.906
	43

	44
	.979
	.977
	.974
	.971
	.968
	.964
	.960
	.955
	.950
	.945
	.939
	.933
	.927
	.920
	.913
	.905
	44

	45
	.979
	.977
	.974
	.971
	.967
	.964
	.960
	.955
	.950
	.945
	.939
	.933
	.926
	.919
	.912
	.905
	45

	46
	.979
	.977
	.974
	.971
	.967
	.963
	.959
	.955
	.950
	.944
	.939
	.932
	.926
	.919
	.912
	.904
	46

	47
	.979
	.977
	.974
	.971
	.967
	.963
	.959
	.955
	.950
	.944
	.938
	.932
	.925
	.918
	.911
	.904
	47

	48
	.979
	.976
	.974
	.970
	.967
	.963
	.959
	.954
	.949
	.944
	.938
	.932
	.925
	.918
	.911
	.903
	48

	49
	.979
	.976
	.973
	.970
	.967
	.963
	.959
	.954
	.949
	.943
	.937
	.931
	.924
	.917
	.910
	.903
	49

	50
	.979
	.976
	.973
	.970
	.967
	.963
	.958
	.954
	.949
	.943
	.937
	.931
	.924
	.917
	.910
	.902
	50

	51
	.979
	.976
	.973
	.970
	.966
	.962
	.958
	.953
	.948
	.943
	.937
	.930
	.923
	.916
	.909
	.901
	51

	52
	.979
	.976
	.973
	.970
	.966
	.962
	.958
	.953
	.948
	.942
	.936
	.930
	.923
	.916
	.908
	.901
	52

	53
	.978
	.976
	.973
	.970
	.966
	.962
	.958
	.953
	.948
	.942
	.936
	.929
	.922
	.915
	.908
	.900
	53

	54
	.978
	.976
	.973
	.969
	.966
	.962
	.957
	.952
	.947
	.941
	.935
	.929
	.922
	.914
	.907
	.899
	54

	 
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	76
	77
	78
	79
	80
	 




PENSIONER WHOSE RETIREMENT AGE IS:   * = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1
TABLE C - 
Conversion From 50% Joint & Survivor to
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	65
	66
	67
	68
	

PENSIONER WHOSE RETIREMENT AGE IS:


69          70          71          72          73          74         75          76
	77
	78
	79
	80
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	55
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.947
	.941
	.935
	.928
	.921
	.914
	.906
	.898
	55

	56
	.978
	.975
	.972
	.969
	.965
	.961
	.957
	.952
	.946
	.940
	.934
	.927
	.920
	.913
	.905
	.897
	56

	57
	.978
	.975
	.972
	.969
	.965
	.961
	.956
	.951
	.946
	.940
	.933
	.927
	.919
	.912
	.904
	.896
	57

	58
	.978
	.975
	.972
	.968
	.965
	.960
	.956
	.951
	.945
	.939
	.933
	.926
	.919
	.911
	.903
	.895
	58

	59
	.977
	.975
	.971
	.968
	.964
	.960
	.955
	.950
	.945
	.939
	.932
	.925
	.918
	.910
	.902
	.894
	59

	60
	.977
	.974
	.971
	.968
	.964
	.959
	.955
	.950
	.944
	.938
	.931
	.924
	.917
	.909
	.901
	.892
	60

	61
	.977
	.974
	.971
	.967
	.963
	.959
	.954
	.949
	.943
	.937
	.930
	.923
	.916
	.908
	.899
	.891
	61

	62
	.977
	.974
	.970
	.967
	.963
	.959
	.954
	.948
	.943
	.936
	.929
	.922
	.914
	.906
	.898
	.889
	62

	63
	.976
	.973
	.970
	.966
	.962
	.958
	.953
	.948
	.942
	.935
	.928
	.921
	.913
	.905
	.896
	.888
	63

	64
	.976
	.973
	.970
	.966
	.962
	.957
	.952
	.947
	.941
	.934
	.927
	.920
	.912
	.903
	.895
	.886
	64

	65
	.976
	.973
	.969
	.966
	.961
	.957
	.952
	.946
	.940
	.933
	.926
	.918
	.910
	.902
	.893
	.884
	65

	66
	.975
	.972
	.969
	.965
	.961
	.956
	.951
	.945
	.939
	.933
	.925
	.917
	.909
	.900
	.891
	.882
	66

	67
	.975
	.972
	.968
	.964
	.960
	.956
	.950
	.944
	.938
	.931
	.923
	.915
	.907
	.898
	.889
	.879
	67

	68
	.975
	.971
	.968
	.964
	.959
	.956
	.949
	.943
	.937
	.930
	.922
	.914
	.906
	.896
	.887
	.877
	68

	69
	.974
	.971
	.967
	.963
	.959
	.954
	.948
	.942
	.935
	.928
	.920
	.912
	.903
	.894
	.884
	.874
	69

	70
	.974
	.970
	.967
	.962
	.958
	.953
	.947
	.941
	.934
	.927
	.919
	.910
	.901
	.892
	.882
	.872
	70

	71
	.973
	.970
	.966
	.962
	.957
	.952
	.946
	.940
	.933
	.925
	.917
	.908
	.899
	.889
	.879
	.869
	71

	72
	.973
	.969
	.965
	.952
	.956
	.951
	.945
	.939
	.931
	.924
	.915
	.906
	.897
	.887
	.876
	.866
	72

	73
	.972
	.969
	.965
	.960
	.955
	.950
	.944
	.937
	.930
	.922
	.913
	.904
	.894
	.884
	.873
	.863
	73

	74
	.972
	.968
	.964
	.959
	.954
	.949
	.943
	.936
	.928
	.920
	.911
	.902
	.892
	.881
	.870
	.859
	74

	75
	.971
	.967
	.963
	.958
	.953
	.948
	.941
	.934
	.927
	.918
	.909
	.899
	.889
	.878
	.867
	.856
	75

	76
	.970
	.967
	.962
	.958
	.952
	.946
	.940
	.933
	.925
	.916
	.907
	.897
	.886
	.875
	.864
	.852
	76

	77
	.970
	.966
	.961
	.957
	.951
	.945
	.938
	.931
	.923
	.916
	.905
	.894
	.884
	.872
	.860
	.848
	77

	78
	.969
	.965
	.961
	.956
	.950
	.944
	.941
	.930
	.921
	.912
	.902
	.892
	.881
	.872
	.857
	.844
	78

	79
	.969
	.964
	.960
	.955
	.949
	.943
	.940
	.928
	.919
	.910
	.900
	.889
	.878
	.866
	.853
	.841
	79

	80
	.968
	.964
	.959
	.954
	.948
	.941
	.934
	.926
	.918
	.908
	.898
	.887
	.875
	.863
	.850
	.837
	80

	81
	.967
	.963
	.958
	.953
	.947
	.940
	.933
	.925
	.916
	.906
	.895
	.884
	.872
	.860
	.846
	.833
	81

	82
	.966
	.962
	.957
	.952
	.948
	.939
	.931
	.923
	.914
	.904
	.893
	.882
	.869
	.856
	.843
	.829
	82

	83
	.966
	.961
	.956
	.951
	.944
	.937
	.930
	.921
	.912
	.902
	.891
	.879
	.866
	.853
	.839
	.825
	83

	84
	.965
	.960
	.955
	.950
	.943
	.936
	.928
	.920
	.910
	.900
	.888
	.876
	.863
	.850
	.836
	.821
	84

	85
	.964
	.960
	.954
	.949
	.942
	.935
	.927
	.918
	.908
	.898
	.886
	.874
	.861
	.847
	.832
	.817
	85

	86
	.964
	.959
	.954
	.948
	.941
	.934
	.925
	.916
	.906
	.896
	.884
	.871
	.858
	.843
	.829
	.813
	86

	87
	.963
	.958
	.953
	.947
	.940
	.932
	.924
	.915
	.905
	.894
	.881
	.869
	.855
	.840
	.835
	.810
	87

	88
	.962
	.957
	.952
	.946
	.939
	.931
	.923
	.913
	.903
	.891
	.879
	.866
	.852
	.837
	.822
	.806
	88

	89
	.962
	.957
	.951
	.945
	.938
	.930
	.921
	.912
	.901
	.889
	.877
	.863
	.849
	.834
	.818
	.802
	89

	 
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	76
	77
	78
	79
	80
	 




PENSIONER WHOSE RETIREMENT AGE IS:   * = 1.000INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1
TABLE C -
Conversion From 50% Joint & Survivor to
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	80
	81
	82
	83
	

PENSIONER WHOSE RETIREMENT AGE IS:


 84           85        86         87       88           89           90           91
	92
	93
	94
	95
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	20
	.911
	.904
	.897
	.889
	.882
	.874
	.866
	.859
	.850
	.842
	.834
	.826
	.818
	.809
	.801
	.793
	20

	21
	.911
	.904
	.896
	.889
	.882
	.874
	.866
	.858
	.850
	.842
	.834
	.826
	.817
	.809
	.801
	.793
	21

	22
	.911
	.904
	.896
	.889
	.882
	.874
	.866
	.858
	.850
	.842
	.834
	.825
	.817
	.809
	.801
	.793
	22

	23
	.910
	.903
	.896
	.889
	.881
	.874
	.866
	.858
	.850
	.842
	.834
	.825
	.817
	.809
	.801
	.792
	23

	24
	.910
	.903
	.896
	.889
	.881
	.874
	.866
	.858
	.850
	.842
	.833
	.825
	.817
	.809
	.800
	.792
	24

	25
	.910
	.903
	.896
	.889
	.881
	.873
	.866
	.858
	.850
	.841
	.833
	.825
	.817
	.808
	.800
	.792
	25

	26
	.910
	.903
	.896
	.889
	.881
	.873
	.865
	.857
	.849
	.841
	.833
	.825
	.816
	.808
	.800
	.792
	26

	27
	.910
	.903
	.896
	.888
	.881
	.873
	.865
	.857
	.849
	.841
	.833
	.824
	.816
	.808
	.799
	.791
	27

	28
	.910
	.903
	.895
	.888
	.881
	.873
	.865
	.857
	.849
	.841
	.832
	.824
	.816
	.807
	.799
	.791
	28

	29
	.910
	.903
	.895
	.888
	.880
	.873
	.865
	.857
	.849
	.840
	.832
	.824
	.815
	.807
	.799
	.791
	29

	30
	.910
	.902
	.895
	.888
	.880
	.872
	.865
	.857
	.848
	.840
	.832
	.823
	.815
	.807
	.798
	.790
	30

	31
	.909
	.902
	.895
	.887
	.880
	.872
	.864
	.856
	.848
	.840
	.831
	.823
	.815
	.806
	.798
	.790
	31

	32
	.909
	.902
	.895
	.887
	.880
	.872
	.864
	.856
	.848
	.839
	.831
	.823
	.814
	.806
	.798
	.789
	32

	33
	.909
	.902
	.894
	.887
	.879
	.872
	.864
	.856
	.847
	.839
	.831
	.822
	.814
	.805
	.797
	.789
	33

	34
	.909
	.902
	.894
	.887
	.879
	.871
	.863
	.855
	.847
	.839
	.830
	.822
	.813
	.805
	.797
	.788
	34

	35
	.908
	.901
	.894
	.886
	.879
	.871
	.863
	.855
	.847
	.838
	.830
	.821
	.813
	.804
	.796
	.788
	35

	36
	.908
	.901
	.894
	.886
	.878
	.871
	.863
	.854
	.846
	.838
	.829
	.821
	.812
	.804
	.795
	.787
	36

	37
	.908
	.901
	.893
	.886
	.878
	.870
	.862
	.854
	.846
	.837
	.829
	.820
	.812
	.803
	.795
	.787
	37

	38
	.908
	.900
	.893
	.885
	.878
	.870
	.862
	.854
	.845
	.837
	.828
	.820
	.811
	.803
	.794
	.786
	38

	39
	.907
	.900
	.893
	.885
	.877
	.869
	.861
	.853
	.845
	.836
	.828
	.819
	.810
	.802
	.793
	.785
	39

	40
	.907
	.900
	.892
	.885
	.877
	.869
	.861
	.852
	.844
	.836
	.827
	.818
	.810
	.801
	.793
	.784
	40

	41
	.907
	.899
	.892
	.884
	.876
	.868
	.860
	.852
	.843
	.835
	.826
	.818
	.809
	.800
	.792
	.783
	12

	42
	.906
	.899
	.891
	.884
	.876
	.868
	.860
	.851
	.843
	.834
	.825
	.817
	.808
	.800
	.791
	.782
	42

	43
	.906
	.898
	.891
	.883
	.875
	.867
	.859
	.851
	.842
	.833
	.825
	.816
	.807
	.799
	.790
	.781
	43

	44
	.905
	.898
	.890
	.882
	.875
	.866
	.858
	.850
	.841
	.833
	.824
	.815
	.806
	.798
	.789
	.780
	44

	45
	.905
	.897
	.890
	.882
	.874
	.866
	.857
	.849
	.840
	.832
	.823
	.814
	.805
	.797
	.788
	.779
	45

	46
	.904
	.897
	.889
	.881
	.873
	.865
	.857
	.848
	.839
	.831
	.822
	.813
	.804
	.795
	.787
	.779
	46

	47
	.904
	.896
	.888
	.881
	.872
	.864
	.856
	.847
	.839
	.830
	.821
	.812
	.803
	.794
	.785
	.777
	47

	48
	.903
	.896
	.888
	.880
	.872
	.863
	.855
	.846
	.838
	.829
	.820
	.811
	.802
	.793
	.785
	.775
	48

	49
	.903
	.895
	.887
	.879
	.871
	.863
	.854
	.845
	.836
	.827
	.818
	.809
	.800
	.792
	.783
	.774
	49

	50
	.902
	.894
	.886
	.878
	.870
	.862
	.853
	.844
	.835
	.826
	.817
	.808
	.799
	.790
	.781
	.772
	50

	51
	.901
	.893
	.885
	.877
	.869
	.861
	.852
	.843
	.834
	.825
	.816
	.807
	.798
	.789
	.779
	.771
	51

	52
	.901
	.893
	.885
	.876
	.868
	.859
	.851
	.842
	.833
	.824
	.814
	.805
	.796
	.787
	.778
	.769
	52

	53
	.900
	.892
	.884
	.875
	.867
	.858
	.850
	.841
	.831
	.822
	.813
	.804
	.794
	.785
	.776
	.767
	53

	54
	.899
	.891
	.883
	.874
	.866
	.857
	.848
	.839
	.830
	.821
	.811
	.802
	.793
	.783
	.774
	.765
	54

	 
	80
	81
	82
	83
	84
	85
	86
	87
	88
	89
	90
	91
	92
	93
	94
	95
	 




PENSIONER WHOSE RETIREMENT AGE IS:    * = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1
TABLE C -
Conversion From 50% Joint & Survivor to 
Twelve Year Certain With 50% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 
	
																		
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT
	80
	81
	82
	83
	

PENSIONER WHOSE RETIREMENT AGE IS:


    84          85           86           87           88       89        90          91
	92
	93
	94
	95
	BENEFICIARY’S AGE AT
PENSIONER’S
RETIREMENT

	55
	.898
	.890
	.882
	.873
	.865
	.856
	.847
	.838
	.828
	.819
	.810
	.800
	.791
	.781
	.772
	.763
	55

	56
	.897
	.889
	.880
	.872
	.863
	.854
	.845
	.836
	.827
	.817
	.808
	.798
	.789
	.779
	.777
	.760
	56

	57
	.896
	.888
	.879
	.871
	.862
	.853
	.844
	.834
	.825
	.815
	.806
	.796
	.786
	.777
	.767
	.758
	57

	58
	.895
	.886
	.876
	.869
	.860
	.851
	.842
	.833
	.823
	.813
	.803
	.794
	.784
	.774
	.765
	.755
	58

	59
	.894
	.885
	.876
	.868
	.859
	.849
	.840
	.830
	.821
	.811
	.801
	.791
	.781
	.771
	.762
	.752
	59

	60
	.892
	.884
	.875
	.866
	.857
	.847
	.838
	.828
	.818
	.808
	.798
	.788
	.778
	.768
	.759
	.749
	60

	61
	.891
	.882
	.873
	.864
	.855
	.845
	.836
	.826
	.815
	.806
	.796
	.785
	.775
	.765
	.755
	.745
	61

	62
	.889
	.880
	.871
	.862
	.853
	.843
	.833
	.823
	.813
	.803
	.792
	.782
	.772
	.762
	.752
	.742
	62

	63
	.888
	.878
	.869
	.860
	.850
	.840
	.830
	.820
	.810
	.800
	.789
	.779
	.768
	.758
	.748
	.737
	63

	64
	.886
	.876
	.867
	.857
	.848
	.838
	.828
	.817
	.807
	.796
	.786
	.775
	.764
	.754
	.743
	.733
	64

	65
	.884
	.874
	.865
	.855
	.845
	.835
	.825
	.814
	.803
	.792
	.782
	.771
	.760
	.749
	.739
	.728
	65

	66
	.882
	.872
	.862
	.852
	.842
	.832
	.821
	.810
	.800
	.789
	.778
	.767
	.758
	.745
	.734
	.723
	66

	67
	.879
	.870
	.860
	.849
	.839
	.828
	.818
	.807
	.796
	.784
	.773
	.762
	.751
	.740
	.729
	.718
	67

	68
	.877
	.867
	.857
	.846
	.836
	.825
	.814
	.803
	.791
	.780
	.768
	.757
	.746
	.734
	.723
	.712
	68

	69
	.874
	.864
	.854
	.843
	.832
	.821
	.810
	.798
	.787
	.775
	.763
	.752
	.740
	.728
	.717
	.706
	69

	70
	.872
	.861
	.851
	.840
	.828
	.817
	.806
	.794
	.782
	.770
	.758
	.746
	.734
	.722
	.711
	.699
	70

	71
	.869
	.858
	.847
	.836
	.825
	.813
	.801
	.789
	.777
	.765
	.752
	.740
	.728
	.716
	.704
	.692
	71

	72
	.866
	.855
	.843
	.832
	.820
	.808
	.796
	.784
	.772
	.759
	.746
	.734
	.721
	.709
	.697
	.685
	72

	73
	.863
	.851
	.840
	.828
	.816
	.804
	.791
	.779
	.766
	.753
	.740
	.727
	.714
	.702
	.689
	.677
	73

	74
	.859
	.848
	.836
	.824
	.811
	.799
	.786
	.773
	.760
	.747
	.733
	.720
	.707
	.694
	.681
	.669
	74

	75
	.856
	.844
	.831
	.819
	.806
	.794
	.780
	.767
	.754
	.740
	.726
	.713
	.699
	.686
	.673
	.660
	75

	76
	.852
	.840
	.827
	.814
	.801
	.788
	.775
	.761
	.747
	.733
	.719
	.705
	.692
	.678
	.665
	.651
	76

	77
	.848
	.836
	.823
	.810
	.796
	.783
	.769
	.755
	.740
	.726
	.712
	.698
	.683
	.670
	.656
	.642
	77

	78
	.844
	.831
	.818
	.805
	.791
	.777
	.763
	.748
	.734
	.719
	.704
	.690
	.675
	.661
	.647
	.633
	78

	79
	.841
	.827
	.814
	.800
	.786
	.771
	.757
	.742
	.727
	.712
	.697
	.682
	.667
	.652
	.638
	.624
	79

	80
	.837
	.823
	.809
	.795
	.780
	.766
	.751
	.735
	.720
	.704
	.689
	.674
	.658
	.643
	.628
	.614
	80

	81
	.833
	.819
	.804
	.790
	.775
	.760
	.744
	.729
	.713
	.697
	.681
	.665
	.650
	.634
	.619
	.604
	81

	82
	.829
	.815
	.800
	.785
	.770
	.754
	.738
	.722
	.706
	.690
	.673
	.657
	.641
	.626
	.610
	.595
	82

	83
	.825
	.810
	.795
	.780
	.764
	.748
	.732
	.716
	.699
	.682
	.666
	.649
	.633
	.617
	.601
	.585
	83

	84
	.821
	.806
	.791
	.775
	.759
	.743
	.726
	.709
	.692
	.675
	.658
	.641
	.624
	.608
	.591
	.576
	84

	85
	.817
	.802
	.786
	.770
	.754
	.737
	.720
	.703
	.685
	.668
	.650
	.633
	.616
	.599
	.582
	.566
	85

	86
	.813
	.798
	.782
	.765
	.758
	.731
	.714
	.696
	.678
	.660
	.643
	.625
	.607
	.590
	.573
	.557
	86

	87
	.810
	.794
	.777
	.760
	.743
	.726
	.708
	.690
	.672
	.653
	.635
	.617
	.599
	.581
	.564
	.547
	87

	88
	.806
	.789
	.773
	.755
	.738
	.720
	.702
	.683
	.665
	.646
	.627
	.609
	.591
	.573
	.555
	.538
	88

	89
	.802
	.785
	.768
	.751
	.733
	.714
	.696
	.677
	.658
	.639
	.620
	.601
	.582
	.564
	.546
	.528
	89

	 
	80
	81
	82
	83
	84
	85
	86
	87
	88
	89
	90
	91
	92
	93
	94
	95
	 




PENSIONER WHOSE RETIREMENT AGE IS:   * = 1.000            INTEREST  -  7.5000%
PENSIONER’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE
BENEFICIARY’S MORTALITY  -  SPECIAL PENSIONER MORTALITY TABLE




Exhibit  10.1.1



Sub appendix A. 1
TABLE  D - 
Early Retirement Factors - Excess Formula
CECONY Management Participants
Applied To The Portion Of The Pension Formula Calculated On
Final Average Salary In Excess Of The Social Security Wage Base
	
														
	Months Prior to Age 65
	Factor
	Months Prior to Age 65
	Factor
	Months Prior to Age 65
	Factor
	Months Prior to Age 65
	Factor
	Months Prior to Age 65
	Factor
	Months Prior to Age 65
	Factor
	Months Prior to Age 65
	Factor

	   0  (65)
	1.00000
	  36  (62)
	0.76900
	  72  (59)
	0.65400
	 108  (56)
	0.52900
	 144  (53)
	0.42566
	 180  (50)
	0.34522
	 216  (47)
	0.28489

	   1
	0.99358
	  37  
	0.76583
	  73
	0.65075
	 109
	0.52542
	 145
	0.42315
	 181
	0.34354
	 217
	0.28321

	   2
	0.98717
	  38
	0.76267
	  74
	0.64750
	 110
	0.52183
	 146
	0.42063
	 182
	0.34187
	 218
	0.28154

	   3
	0.98075
	  39
	0.75950
	  75
	0.64425
	 111
	0.51825
	 147
	0.41812
	 183
	0.34019
	 219
	0.27986

	   4
	0.97433
	  40
	0.75633
	  76
	0.64100
	 112
	0.51467
	 148
	0.41561
	 184
	0.33852
	 220
	0.27819

	   5
	0.96792
	  41
	0.75317
	  77
	0.63775
	 113
	0.51108
	 149
	0.41309
	 185
	0.33684
	 221
	0.27651

	   6
	0.96150
	  42
	0.75000
	  78
	0.63450
	 114
	0.50750
	 150
	0.41058
	 186
	0.33517
	 222
	0.27484

	   7
	0.95508
	  43
	0.74683
	  79
	0.63125
	 115
	0.50392
	 151
	0.40807
	 187
	0.33349
	 223
	0.27316

	   8
	0.94867
	  44
	0.74367
	  80
	0.62800
	 116
	0.50033
	 152
	0.40555
	 188
	0.33181
	 224
	0.27148

	   9
	0.94225
	  45
	0.74050
	  81
	0.62475
	 117
	0.49675
	 153
	0.40304
	 189
	0.33014
	 225
	0.26981

	  10
	0.93583
	  46
	0.73733
	  82
	0.62150
	 118
	0.49317
	 154
	0.40053
	 190
	0.32846
	 226
	0.26813

	  11
	0.92942
	  47
	0.73417
	  83
	0.61825
	 119
	0.48958
	 155
	0.39801
	 191
	0.32679
	 227
	0.26646

	  12  (64)
	0.92300
	  48  (61)
	0.73100
	  84  (58)
	0.61500
	 120  (55)
	0.48600
	 156  (52)
	0.39550
	 192 (49)
	0.32511
	 228  (46)
	0.26478

	  13
	0.91658
	  49
	0.72775
	  85
	0.61183
	 121
	0.48349
	 157
	0.39299
	 193
	0.32343
	 229
	0.26310

	  14
	0.91017
	  50
	0.72450
	  86
	0.60867
	 122
	0.48097
	 158
	0.39047
	 194
	0.32176
	 230
	0.26143

	  15
	0.90375
	  51
	0.72125
	  87
	0.60550
	 123
	0.47846
	 159
	0.38796
	 195
	0.32008
	 231
	0.25975

	  16
	0.89733
	  52
	0.71800
	  88
	0.60233
	 124
	0.47594
	 160
	0.38544
	 196
	0 31841
	 232
	0.25808

	  17
	0.89092
	  53
	0.71475
	  89
	0.59917
	 125
	0.47343
	 161
	0.38293
	 197
	0.31673
	 233
	0.25640

	  18
	0.88450
	  54
	0.71150
	  90
	0.59600
	 126
	0.47091
	 162
	0.38041
	 198
	0.31506
	 234
	0.25473

	  19
	0.87806
	  55
	0.70825
	  91
	0.59283
	 127
	0.46840
	 163
	0.37790
	 199
	0.31338
	 235
	0.25305

	  20
	0.87167
	  56
	0.70500
	  92
	0.58967
	 128
	0.46589
	 164
	0.37539
	 200
	0.31170
	 236
	0.25137

	  21
	0.86525
	  57
	0.70175
	  93
	0.58650
	 129
	0.46337
	 165
	0.37287
	 201
	0.31003
	 237
	0.24970

	  22
	0.85883
	  58
	0.69850
	  94
	0.58333
	 130
	0.46086
	 166
	0.37036
	 202
	0.30835
	 238
	0.24802

	  23
	0.85242
	  59
	0.69525
	  95
	0.58017
	 131
	0.45834
	 167
	0.36784
	 203
	0.30668
	 239
	0.24635

	  24  (63)
	0.84600
	  60  (60)
	0.69200
	  96  (57)
	0.57700
	 132  (54)
	0.45583
	 168  (51)
	0.36533
	 204  (48)
	0.30500
	 240  (45)
	0.24467

	  25
	0.83958
	  61
	0.68883
	  97
	0.57300
	 133
	0.45332
	 169
	0.36365
	 205
	0.30332
	 
	 

	  26
	0.83317
	  62
	0.68567
	  98
	0.56900
	 134
	0.45080
	 170
	0.36198
	 206
	0.30165
	 
	 

	  27
	0.82675
	  63
	0.68250
	  99
	0.56500
	 135
	0.44829
	 171
	0.36030
	 207
	0.29997
	 
	 

	  28
	0.82033
	  64
	0.67933
	 100
	0.56100
	 136
	0.44577
	 172
	0.35863
	 208
	0.29830
	 
	 

	  29
	0.81392
	  65
	0.67617
	 101
	0.55700
	 137
	0.44326
	 173
	0.35695
	 209
	0.29662
	 
	 

	  30
	0.80750
	  66
	0.67300
	 102
	0.55300
	 138
	0.44074
	 174
	0.35528
	 210
	0.29495
	 
	 

	  31
	0.80108
	  67
	0.66983
	 103
	0.54900
	 139
	0.43823
	 175
	0.35360
	 211
	0.29327
	 
	 

	  32
	0.79467
	  68
	0.66667
	 104
	0.54500
	 140
	0.43572
	 176
	0.35192
	 212
	0.29159
	 
	 

	  33
	0.78825
	  69
	0.66350
	 105
	0.54100
	 141
	0.43320
	 177
	0.35025
	 213
	0.28992
	 
	 

	  34
	0.78183
	  70
	0.66033
	 106
	0.53700
	 142
	0.43069
	 178
	0.34857
	 214
	0.28824
	 
	 

	  35
	0.77542
	  71
	0.65717
	 107
	0.53300
	 143
	0.42817
	 179
	0.34690
	215
	0.28657
	 
	 






Exact Age in   (      )        Effective Date:    January 1, 1990






Exhibit  10.1.1



Sub appendix A. 1
TABLE  E-
Conversion From 50% Joint & Survivor to 100% Joint & Survivor
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1


P         E         N         S         I         O          N         E         R
	
																		
	Age
Of
Bene.
	*
*
*
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60

	35
	*
	.9641
	.9611
	.9580
	.9548
	.9513
	.9476
	.9437
	.9397
	.9353
	.9307
	.9259
	.9208
	.9154
	.9097
	.9037
	.8974

	36
	*
	.9649
	.9620
	.9589
	.9557
	.9522
	.9486
	.9448
	.9406
	.9363
	.9318
	.9270
	.9219
	.9165
	.9109
	.9049
	.8986

	37
	*
	.9658
	.9629
	.9598
	.9566
	.9533
	.9496
	.9458
	.9417
	.9375
	.9329
	.9281
	.9230
	.9177
	.9120
	.9061
	.8998

	38
	*
	.9666
	.9639
	.9608
	.9577
	.9542
	.9506
	.9468
	.9428
	.9386
	.9341
	.9293
	.9243
	.9189
	.9133
	.9073
	.9010

	39
	*
	.9675
	.9647
	.9618
	.9585
	.9553
	.9518
	.9479
	.9441
	.9398
	.9353
	.9305
	.9256
	.9202
	.9146
	.9087
	.9024

	40
	*
	.9684
	.9657
	.9627
	.9597
	.9563
	.9529
	.9491
	.9452
	.9410
	.9366
	.9318
	.9269
	.9216
	.9160
	.9100
	.9039

	41
	*
	.9693
	.9666
	.9637
	.9606
	.9574
	.9540
	.9503
	.9464
	.9423
	.9379
	.9332
	.9282
	.9230
	.9174
	.9115
	.9053

	42
	*
	.9702
	.9677
	.9648
	.9618
	.9586
	.9551
	.9515
	.9477
	.9436
	.9392
	.9346
	.9297
	.9244
	.9188
	.9130
	.9069

	43
	*
	.9711
	.9686
	.9658
	.9629
	.9598
	.9564
	.9527
	.9490
	.9450
	.9406
	.9361
	.9311
	.9260
	.9204
	.9145
	.9084

	44
	*
	.9721
	.9697
	.9668
	.9640
	.9609
	.9576
	.9541
	.9504
	.9463
	.9421
	.9375
	.9327
	.9275
	.9221
	.9162
	.9102

	45
	*
	.9731
	.9707
	.9679
	.9651
	.9620
	.9588
	.9554
	.9517
	.9478
	.9436
	.9390
	.9342
	.9291
	.9237
	.9180
	.9119

	46
	*
	.9740
	.9716
	.9690
	.9662
	.9632
	.9601
	.9567
	.9531
	.9492
	.9451
	.9406
	.9359
	.9308
	.9254
	.9198
	.9137

	47
	*
	.9750
	.9726
	.9701
	.9674
	.9645
	.9614
	.9581
	.9545
	.9507
	.9466
	.9423
	.9375
	.9326
	.9272
	.9216
	.9156

	48
	*
	.9759
	.9736
	.9712
	.9686
	.9658
	.9627
	.9594
	.9560
	.9522
	.9482
	.9439
	.9392
	.9344
	.9291
	.9234
	.9175

	49
	*
	.9769
	.9746
	.9723
	.9698
	.9670
	.9640
	.9608
	.9574
	.9538
	.9499
	.9456
	.9411
	.9362
	.9310
	.9254
	.9195

	50
	*
	.9778
	.9757
	.9734
	.9709
	.9682
	.9654
	.9622
	9589
	.9553
	.9515
	.9474
	.9428
	.9381
	.9330
	.9275
	.9216

	51
	*
	.9788
	.9768
	.9745
	.9720
	.9695
	.9667
	.9637
	.9604
	.9569
	.9531
	.9491
	.9446
	.9400
	.9349
	.9296
	.9238

	52
	*
	.9797
	.9777
	.9756
	.9732
	.9707
	.9679
	.9651
	.9619
	.9585
	.9549
	.9508
	.9466
	.9420
	.9370
	.9317
	.9260

	53
	*
	.9806
	.9788
	.9766
	.9743
	.9720
	.9693
	.9665
	.9634
	.9601
	.9565
	.9526
	.9485
	.9440
	.9391
	.9338
	.9282

	54
	*
	.9815
	.9797
	.9777
	.9755
	.9732
	.9706
	.9680
	.9650
	.9617
	.9582
	.9544
	.9504
	.9460
	.9411
	.9360
	.9305

	55
	*
	.9824
	.9806
	.9788
	.9766
	.9744
	.9720
	.9694
	.9665
	.9634
	.9600
	.9563
	.9524
	.9480
	.9433
	.9382
	.9329

	56
	*
	.9833
	.9816
	.9797
	.9778
	.9756
	.9732
	.9707
	.9680
	.9650
	.9617
	.9582
	.9543
	.9501
	.9455
	.9406
	.9353

	57
	*
	.9842
	.9825
	.9808
	.9789
	.9768
	.9746
	.9721
	.9695
	.9667
	.9634
	.9600
	.9562
	.9521
	.9477
	.9430
	.9378

	58
	*
	.9850
	.9834
	.9818
	.9800
	.9781
	.9759
	.9735
	.9710
	.9682
	.9652
	.9618
	.9582
	.9542
	.9500
	.9453
	.9402

	59
	*
	.9858
	.9843
	.9829
	.9810
	.9791
	.9772
	.9749
	.9724
	.9698
	.9668
	.9636
	.9602
	.9564
	.9522
	.9477
	.9427

	60
	*
	.9867
	.9853
	.9838
	.9821
	.9803
	.9784
	.9763
	.9739
	.9714
	.9686
	.9655
	.9621
	.9585
	.9544
	.9501
	.9453


















Exhibit  10.1.1



Sub appendix A. 1




TABLE  E- 
Conversion From 50% Joint & Survivor To 100 % Joint & Survivor
CECONY Management Participants And CECONY Weekly Participants
Not Applicable To CECONY Weekly Participants -1 


P         E         N         S         I         O          N         E         R
	
																		
	Age
Of
Bene.
	*
*
*
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60

	61
	*
	.9874
	.9861
	.9847
	.9831
	.9814
	.9796
	.9776
	.9753
	.9729
	.9702
	.9673
	.9641
	.9606
	.9567
	.9524
	.9478

	62
	*
	.9882
	.9872
	.9856
	.9841
	.9825
	.9808
	.9788
	.9767
	.9744
	.9718
	.9691
	.9660
	.9626
	.9589
	.9548
	.9503

	63
	*
	.9889
	.9878
	.9865
	.9851
	.9835
	.9819
	.9801
	.9781
	.9759
	.9735
	.9709
	.9679
	.9647
	.9610
	.9571
	.9529

	64
	*
	.9896
	.9886
	.9873
	.9861
	.9845
	.9831
	.9813
	.9794
	.9774
	.9751
	.9725
	.9697
	.9667
	.9632
	.9595
	.9554

	65
	*
	.9903
	.9893
	.9881
	.9869
	.9855
	.9841
	.9824
	.9807
	.9788
	.9766
	.9742
	.9715
	.9686
	.9654
	.9618
	.9579

	66
	*
	.9909
	.9900
	.9889
	.9878
	.9866
	.9852
	.9836
	.9819
	.9801
	.9781
	.9758
	.9733
	.9706
	.9675
	.9641
	.9603

	67
	*
	.9915
	.9907
	.9897
	.9886
	.9874
	.9861
	.9847
	.9831
	.9814
	.9795
	.9774
	.9750
	.9724
	.9695
	.9662
	.9627

	68
	*
	.9921
	.9913
	.9904
	.9894
	.9883
	.9871
	.9858
	.9843
	.9827
	.9809
	.9789
	.9767
	.9742
	.9716
	.9684
	.9650

	69
	*
	.9927
	.9919
	.9911
	.9901
	.9892
	.9880
	.9867
	.9854
	.9839
	.9823
	.9803
	.9783
	.9759
	.9734
	.9705
	.9673

	70
	*
	.9932
	.9925
	.9918
	.9909
	.9899
	.9889
	.9878
	.9864
	.9851
	.9835
	.9817
	.9798
	.9777
	.9752
	.9726
	.9694

	71
	*
	.9938
	.9931
	.9923
	.9915
	.9906
	.9896
	.9887
	.9875
	.9862
	.9847
	.9831
	.9813
	.9793
	.9770
	.9745
	.9716

	72
	*
	.9943
	.9936
	.9929
	.9921
	.9914
	.9905
	.9895
	.9884
	.9872
	.9859
	.9845
	.9828
	.9808
	.9787
	.9763
	.9737

	73
	*
	.9947
	.9941
	.9935
	.9928
	.9921
	.9912
	.9904
	.9894
	.9883
	.9870
	.9856
	.9840
	.9824
	.9803
	.9781
	.9755

	74
	*
	.9951
	.9946
	.9940
	.9934
	.9926
	.9919
	.9911
	.9902
	.9892
	.9880
	.9867
	.9853
	.9837
	.9819
	.9798
	.9774

	75
	*
	.9955
	.9950
	.9945
	.9940
	.9933
	.9926
	.9918
	.9910
	.9901
	.9890
	.9879
	.9866
	.9850
	.9833
	.9814
	.9792

	76
	*
	.9959
	.9954
	.9950
	.9945
	.9938
	.9932
	.9925
	.9918
	.9909
	.9899
	.9889
	.9877
	.9862
	.9847
	.9829
	.9809

	77
	*
	.9962
	.9958
	.9955
	.9949
	.9944
	.9938
	.9931
	.9924
	.9917
	.9908
	.9898
	.9886
	.9874
	.9860
	.9844
	.9824

	78
	*
	.9966
	.9962
	.9959
	.9953
	.9949
	.9944
	.9937
	.9932
	.9923
	.9916
	.9907
	.9896
	.9885
	.9871
	.9857
	.9841

	79
	*
	.9969
	.9965
	.9962
	.9957
	.9953
	.9949
	.9942
	.9937
	.9930
	.9923
	.9915
	.9905
	.9896
	.9884
	.9869
	.9854

	80
	*
	.9972
	.9969
	.9965
	.9962
	.9957
	.9953
	.9948
	.9942
	.9937
	.9930
	.9923
	.9914
	.9905
	.9893
	.9880
	.9867

	81
	*
	.9974
	.9971
	.9968
	.9965
	.9961
	.9957
	.9953
	.9947
	.9943
	.9936
	.9929
	.9922
	.9913
	.9903
	.9891
	.9879

	82
	*
	.9977
	.9974
	.9971
	.9968
	.9964
	.9961
	.9956
	.9953
	.9948
	.9942
	.9936
	.9929
	.9921
	.9912
	.9902
	.9890

	83
	*
	.9979
	.9977
	.9974
	.9971
	.9968
	.9965
	.9961
	.9958
	.9953
	.9947
	.9942
	.9935
	.9929
	.9921
	.9911
	.9900

	84
	*
	.9981
	.9979
	.9976
	.9974
	.9971
	.9968
	.9965
	.9961
	.9957
	.9952
	.9947
	.9941
	.9935
	.9927
	.9920
	.9909

	85
	*
	.9983
	.9981
	.9979
	.9976
	.9974
	.9971
	.9968
	.9964
	.9961
	.9957
	.9953
	.9948
	.9942
	.9934
	.9927
	.9918
















Exhibit  10.1.1



TABLE  E - 
CONVERSION FROM 50% JOINT & SURVIVOR TO 100 % JOINT & SURVIVOR
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 




P         E         N         S         I         O          N         E         R
	
																	
	Age
Of
Bene.
	*
*
*
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	35
	*
	.8909
	.8840
	.8767
	.8692
	.8615
	.8535
	.8452
	.8368
	.8281
	.8193
	8103
	.8011
	.7919
	.7826
	.7731

	36
	*
	.8920
	.8851
	.8779
	.8703
	.8626
	.8546
	.8463
	.8379
	.8292
	.8204
	.8114
	.8022
	.7930
	.7835
	.7741

	37
	*
	.8932
	.8863
	.8791
	.8716
	.8638
	.8558
	.8475
	.8390
	.8304
	.8215
	.8125
	.8033
	.7941
	.7847
	.7751

	38
	*
	.8945
	.8875
	.8803
	.8729
	.8651
	.8571
	.8488
	.8404
	.8317
	.8227
	.8138
	.8045
	.7952
	.7857
	.7762

	39
	*
	.8958
	.8889
	.8817
	.8742
	.8665
	.8584
	.8502
	.8417
	.8330
	.8240
	.8150
	.8058
	.7964
	.7870
	.7774

	40
	*
	.8972
	.8904
	.8832
	.8757
	.8679
	.8599
	.8516
	.8431
	.8344
	.8255
	.8164
	.8071
	.7977
	.7883
	.7787

	41
	*
	.8988
	.8919
	.8847
	.8772
	.8694
	.8614
	.8531
	.8446
	.8358
	.8269
	.8178
	.8086
	.7992
	.7896
	.7800

	42
	*
	.9002
	.8934
	.8863
	.8788
	.8710
	.8630
	.8546
	.8461
	.8374
	.8284
	.8194
	.8101
	.8007
	.7911
	.7814

	43
	*
	.9019
	.8951
	.8879
	.8805
	.8727
	.8647
	.8564
	.8478
	.8391
	.9302
	.8211
	.8117
	.8022
	.7926
	.7829

	44
	*
	.9036
	.8968
	.8896
	.8823
	.8745
	.8664
	.8581
	.8496
	.8404
	.8318
	.8227
	.8013
	.8039
	.7943
	.7846

	45
	*
	.9054
	.8986
	.8916
	.8841
	.8763
	.8682
	.8600
	.8515
	.8427
	.8337
	.8245
	.8152
	.8057
	.7959
	.7862

	46
	*
	.9073
	.9005
	.8935
	.8860
	.8783
	.8702
	.8619
	.8534
	.8446
	.8356
	.8265
	.8170
	.8075
	.7979
	.7880

	47
	*
	.9092
	.9025
	.8954
	.8881
	.8803
	.8723
	.8640
	.8555
	.8467
	.8377
	.8284
	.8190
	.8094
	.7998
	.7900

	48
	*
	.9112
	.9045
	.8975
	.8902
	.8824
	.8745
	.8661
	.8576
	.8488
	.8398
	.8305
	.8212
	.8116
	.8018
	.7920

	49
	*
	.9133
	.9066
	.8996
	.8923
	.8847
	.8767
	.8684
	.8599
	.8511
	.8421
	.8328
	.8233
	.8138
	.8040
	.7941

	50
	*
	.9154
	.9089
	.9019
	.8946
	.8870
	.8791
	.8707
	.8622
	.8534
	.8445
	.8352
	.8258
	.8160
	.8062
	.7963

	51
	*
	.9176
	.9111
	.9042
	.8970
	.8894
	.8814
	.8732
	.8647
	.8559
	.8469
	.8377
	.8282
	.8185
	.8087
	.7987

	52
	*
	.9199
	.9134
	.9066
	.8995
	.8919
	.8840
	.8758
	.8673
	.8585
	.8495
	.8403
	.8308
	.8211
	.8112
	.8012

	53
	*
	.9223
	.9159
	.9091
	.9020
	.8945
	.8867
	.8785
	.8700
	.8613
	.8523
	.8430
	.8335
	.8239
	.8139
	.8039

	54
	*
	.9246
	.9183
	.9117
	.9046
	.8972
	.8894
	.8813
	.8728
	.8641
	.8551
	.8459
	.8364
	.8267
	.8167
	.8067

	55
	*
	.9271
	.9209
	.9144
	.9073
	.9000
	.8923
	.8842
	.8757
	.8671
	.8581
	.8489
	.8395
	.8297
	.8197
	.8096

	56
	*
	.9296
	.9235
	.9171
	.9102
	.9028
	.8952
	.8872
	.8789
	.8703
	.8612
	.8521
	.8426
	.8328
	.8229
	.8128

	57
	*
	.9322
	.9261
	.9198
	.9130
	.9058
	.8983
	.8903
	.8821
	.8735
	.8646
	.8554
	.8459
	.8362
	.8263
	.8161

	58
	*
	.9348
	.9289
	.9226
	.9159
	.9089
	.9014
	.8935
	.8854
	.8768
	.8680
	.8589
	.8494
	.8397
	.8297
	.8196

	59
	*
	.9374
	.9317
	.9255
	.9190
	.9121
	.9047
	.8969
	.8888
	.8803
	.8716
	.8625
	.8530
	.8434
	.8334
	.8233

	60
	*
	.9401
	.9346
	.9285
	.9221
	.9152
	.9080
	.9003
	.8924
	.8840
	.8753
	.8663
	.8569
	.8472
	.8372
	.8271


















Exhibit  10.1.1



TABLE  E - 
CONVERSION FROM 50% JOINT & SURVIVOR TO 100 % JOINT & SURVIVOR
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 






P         E         N         S         I         O          N         E         R
	
																	
	Age
Of
Bene.
	*
*
*
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	61
	*
	.9428
	.9373
	.9315
	.9252
	.9185
	.9113
	.9039
	.8960
	.8878
	.8791
	.8701
	.8608
	.8512
	.8413
	.8312

	62
	*
	.9454
	.9402
	.9345
	.9284
	.9218
	.9149
	.9074
	.8998
	.8916
	.8830
	.8742
	.8649
	.8554
	.8455
	.8354

	63
	*
	.9482
	.9431
	.9375
	.9316
	.9252
	.9184
	.9111
	.9035
	.8955
	.8871
	.8784
	.8692
	.8597
	.8499
	.8398

	64
	*
	.9509
	.9459
	.9406
	.9348
	.9285
	.9219
	.9149
	.9074
	.8995
	.8912
	.8826
	.8736
	.8641
	.8544
	.8443

	65
	*
	.9535
	.9487
	.9437
	.9380
	.9320
	.9255
	.9186
	.9113
	.9036
	.8956
	.8871
	.8781
	.8687
	.8591
	.8491

	66
	*
	.9562
	.9516
	.9466
	.9412
	.9354
	.9291
	.9225
	.9153
	.9078
	.8998
	.8914
	.8827
	.8735
	.8638
	.8540

	67
	*
	.9588
	.9543
	.9496
	.9444
	.9388
	.9327
	.9263
	.9194
	.9120
	.9042
	.8960
	.8873
	.8783
	.8688
	.8590

	68
	*
	.9612
	.9571
	.9525
	.9475
	.9422
	.9363
	.9301
	.9234
	.9162
	.9086
	.9006
	.8922
	.8832
	.8739
	.8642

	69
	*
	.9637
	.9597
	.9554
	.9506
	.9455
	.9398
	.9338
	.9274
	.9204
	.9130
	.9052
	.8969
	.8882
	.8790
	.8695

	70
	*
	.9661
	.9623
	.9582
	.9537
	.9488
	.9433
	.9375
	.9313
	.9245
	.9174
	.9098
	.9018
	.8933
	.8843
	.8749

	71
	*
	.9684
	.9649
	.9610
	.9566
	.9520
	.9468
	.9412
	.9353
	.9287
	.9218
	.9145
	.9066
	.8983
	.8895
	.8803

	72
	*
	.9706
	.9673
	.9636
	.9596
	.9551
	.9502
	.9449
	.9391
	.9329
	.9263
	.9191
	.9116
	.9035
	.8948
	.8859

	73
	*
	.9728
	.9697
	.9662
	.9624
	.9581
	.9535
	.9485
	.9429
	.9370
	.9306
	.9237
	.9164
	.9085
	.9002
	.8914

	74
	*
	.9748
	.9720
	.9687
	.9650
	.9611
	.9566
	.9519
	.9467
	.9409
	.9348
	.9283
	.9211
	.9136
	.9055
	.8970

	75
	*
	.9768
	.9741
	.9711
	.9676
	.9639
	.9598
	.9552
	.9502
	.9448
	.9390
	.9327
	.9259
	.9186
	.9108
	.9026

	76
	*
	.9787
	.9761
	.9732
	.9702
	.9666
	.9627
	.9584
	.9537
	.9486
	.9431
	.9371
	.9306
	.9235
	.9160
	.9080

	77
	*
	.9804
	.9780
	.9754
	.9725
	.9693
	.9656
	.9615
	.9571
	.9523
	.9470
	.9412
	.9351
	.9285
	.9212
	.9135

	78
	*
	.9821
	.9799
	.9774
	.9747
	.9716
	.9682
	.9644
	.9603
	.9557
	.9508
	.9454
	.9396
	.9331
	.9262
	.9188

	79
	*
	.9836
	.9816
	.9793
	.9768
	.9739
	.9708
	.9672
	.9634
	.9591
	.9544
	.9493
	.9438
	.9377
	.9311
	.9239

	80
	*
	.9850
	.9832
	.9811
	.9788
	.9761
	.9732
	.9699
	.9663
	.9623
	.9579
	.9531
	.9478
	.9421
	.9357
	.9290

	81
	*
	.9864
	.9847
	.9828
	.9806
	.9781
	.9755
	.9723
	.9690
	.9653
	.9611
	.9567
	.9517
	.9463
	.9403
	.9339

	82
	*
	.9876
	.9861
	.9843
	.9824
	.9801
	.9775
	.9747
	.9716
	.9681
	.9644
	.9601
	.9553
	.9503
	.9447
	.9386

	83
	*
	.9887
	.9873
	.9857
	.9839
	.9818
	.9795
	.9769
	.9740
	.9709
	.9673
	.9633
	.9589
	.9541
	.9488
	.9431

	84
	*
	.9898
	.9885
	.9871
	.9854
	.9835
	.9813
	.9789
	.9763
	.9732
	.9701
	.9664
	.9624
	.9578
	.9529
	.9474

	85
	*
	.9908
	.9896
	.9883
	.9868
	.9850
	.9831
	.9808
	.9784
	.9757
	.9726
	.9693
	.9654
	.9614
	.9567
	.9516




















Exhibit  10.1.1



TABLE  F - 
CONVERSION FROM 50% JOINT & SURVIVOR TO 100 % JOINT & SURVIVOR WITH POP UP
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 






P         E         N         S         I         O          N         E         R
	
																		
	Age
Of
Bene.
	*
*
*
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60

	35
	*
	.9633
	.9603
	.9572
	.9539
	.9504
	.9467
	.9428
	.9387
	.9343
	.9297
	.9249
	.9198
	.9144
	.9087
	.9027
	.8964

	36
	*
	.9641
	.9612
	.9580
	.9548
	.9513
	.9476
	.9437
	.9396
	.9353
	.9308
	.9259
	.9208
	.9154
	.9098
	.9037
	.8974

	37
	*
	.9649
	.9619
	.9589
	.9556
	.9522
	.9486
	.9447
	.9406
	.9363
	.9318
	.9269
	.9219
	.9165
	.9109
	.9049
	.8986

	38
	*
	.9657
	.9628
	.9598
	.9565
	.9531
	.9495
	.9457
	.9417
	.9374
	.9329
	.9280
	.9230
	.9176
	.9120
	.9060
	.8997

	39
	*
	.9665
	.9636
	.9606
	.9574
	.9541
	.9505
	.9467
	.9427
	.9384
	.9340
	.9292
	.9242
	.9188
	.9132
	.9072
	.9010

	40
	*
	.9673
	.9645
	.9615
	.9584
	.9550
	.9516
	.9477
	.9438
	.9396
	.9351
	.9304
	.9253
	.9200
	.9144
	.9085
	.9023

	41
	*
	.9681
	.9653
	.9624
	.9593
	.9560
	.9525
	.9488
	.9449
	.9407
	.9363
	.9315
	.9265
	.9213
	.9157
	.9098
	.9035

	42
	*
	.9690
	.9663
	.9634
	.9603
	.9570
	.9536
	.9499
	.9460
	.9419
	.9375
	.9328
	.9279
	.9227
	.9170
	.9111
	.9050

	43
	*
	.9698
	.9672
	.9643
	.9614
	.9582
	.9547
	.9511
	.9472
	.9431
	.9387
	.9341
	.9291
	.9240
	.9184
	.9126
	.9064

	44
	*
	.9707
	.9681
	.9653
	.9623
	.9591
	.9558
	.9522
	.9484
	.9444
	.9400
	.9354
	.9306
	.9254
	.9199
	.9140
	.9079

	45
	*
	.9716
	.9690
	.9662
	.9633
	.9603
	.9569
	9534
	.9496
	.9457
	.9414
	.9368
	.9320
	.9268
	.9214
	.9156
	.9095

	46
	*
	.9724
	.9699
	.9672
	.9644
	.9613
	.9581
	.9546
	.9509
	.9470
	.9427
	.9382
	.9335
	.9283
	.9229
	.9172
	.9111

	47
	*
	.9732
	.9708
	.9682
	.9655
	.9624
	.9592
	.9559
	.9522
	.9483
	.9441
	.9397
	.9349
	.9299
	.9245
	.9188
	.9127

	48
	*
	.9741
	.9718
	.9692
	.9665
	.9635
	.9604
	.9570
	.9535
	.9497
	.9456
	.9411
	.9364
	.9315
	.9261
	.9204
	.9145

	49
	*
	.9750
	.9727
	.9702
	.9675
	.9647
	.9616
	.9582
	.9548
	.9510
	.9470
	.9426
	.9380
	.9331
	.9278
	.9222
	.9162

	50
	*
	.9759
	.9736
	.9712
	.9686
	.9657
	.9628
	.9595
	.9561
	.9525
	.9485
	.9442
	.9396
	.9347
	.9296
	.9240
	.9181

	51
	*
	.9767
	.9745
	.9721
	.9696
	.9669
	.9640
	.9608
	.9574
	.9538
	.9499
	.9458
	.9413
	.9365
	.9313
	.9259
	.9200

	52
	*
	.9775
	.9754
	.9731
	.9707
	.9680
	.9651
	.9620
	.9588
	.9552
	.9515
	.9473
	.9429
	.9382
	.9331
	.9277
	.9219

	53
	*
	.9784
	.9764
	.9741
	.9717
	.9691
	.9663
	.9634
	.9602
	.9567
	.9529
	.9489
	.9446
	.9399
	.9349
	.9295
	.9239

	54
	*
	.9792
	.9772
	.9751
	.9727
	.9703
	.9675
	.9646
	.96115
	.9581
	.9545
	.9505
	.9463
	.9417
	.9368
	.9315
	.9258

	55
	*
	.9800
	.9780
	.9760
	.9737
	.9713
	.9687
	.9659
	.9628
	.9595
	.9560
	.9520
	.9480
	.9435
	.9386
	.9334
	.9279

	56
	*
	.9808
	.9789
	.9769
	.9747
	.9724
	.9698
	.9671
	.9641
	.9609
	.9574
	.9538
	.9496
	.9454
	.9406
	.9355
	.9299

	57
	*
	.9816
	.9798
	.9779
	.9757
	.9734
	.9710
	.9683
	.9654
	.9624
	.9590
	.9553
	.9514
	.9471
	.9424
	.9375
	.9321

	58
	*
	.9823
	.9806
	.9787
	.9767
	.9746
	.9721
	.9695
	.9668
	.9637
	.9605
	.9569
	.9531
	.9489
	.9445
	.9395
	.9343

	59
	*
	.9831
	.9813
	.9796
	.9776
	.9755
	.9733
	.9707
	.9680
	.9651
	.9620
	.9585
	.9548
	.9507
	.9464
	.9415
	.9363

	60
	*
	.9838
	.9822
	.9804
	.9785
	.9765
	.9743
	.9720
	.9693
	.9666
	.9635
	.9602
	.9565
	.9525
	.9482
	.9436
	.9385


















Exhibit  10.1.1



TABLE  F - 
CONVERSION FROM 50% JOINT & SURVIVOR TO 100 % JOINT & SURVIVOR WITH POP UP
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 






P         E         N         S         I         O          N         E         R
	
																		
	Age
Of
Bene.
	*
*
*
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60

	61
	*
	.9845
	.9830
	.9813
	.9795
	.9775
	.9754
	.9732
	.9706
	.9679
	.9649
	.9617
	.9582
	.9543
	.9501
	.9456
	.9407

	62
	*
	.9852
	.9837
	.9821
	.9804
	.9785
	.9765
	.9742
	.9719
	.9692
	.9664
	.9633
	.9599
	.9561
	.9520
	.9476
	.9428

	63
	*
	.9858
	.9845
	.9829
	.9813
	.9794
	.9775
	.9754
	.9730
	.9705
	.9678
	.9649
	.9615
	.9579
	.9539
	.9496
	.9450

	64
	*
	.9865
	.9851
	.9836
	.9821
	.9803
	.9785
	.9765
	.9742
	.9718
	.9692
	.9663
	.9631
	.9596
	.9558
	.9517
	.9471

	65
	*
	.9871
	.9858
	.9844
	.9829
	.9813
	.9795
	.9775
	.9754
	.9731
	.9706
	.9678
	.9646
	.9613
	.9577
	.9537
	.9493

	66
	*
	.9877
	.9864
	.9851
	.9837
	.9821
	.9804
	.9786
	.9765
	.9743
	.9718
	.9692
	.9662
	.9631
	.9595
	.9556
	.9513

	67
	*
	.9883
	.9871
	.9859
	.9844
	.9829
	.9813
	.9795
	.9775
	.9754
	.9732
	.9706
	.9678
	.9647
	.9613
	.9575
	.9534

	68
	*
	.9888
	.9878
	.9864
	.9852
	.9837
	.9822
	.9805
	.9786
	.9767
	.9744
	.9720
	.9693
	.9662
	.9630
	.9594
	.9554

	69
	*
	.9894
	.9883
	.9871
	.9858
	.9845
	.9830
	.9814
	.9797
	.9778
	.9756
	.9733
	.9707
	.9678
	.9647
	.9612
	.9575

	70
	*
	.9899
	.9888
	.9878
	.9865
	.9852
	.9838
	.9823
	.9806
	.9788
	.9768
	.9746
	.9721
	.9694
	.9664
	.9630
	.9593

	71
	*
	.9904
	.9894
	.9884
	.9872
	.9859
	.9846
	.9832
	.9816
	.9799
	.9779
	.9758
	.9735
	.9708
	.9680
	.9648
	.9612

	72
	*
	.9909
	.9899
	.9889
	.9878
	.9867
	.9854
	.9841
	.9825
	.9808
	.9790
	.9770
	.9747
	.9723
	.9696
	.9665
	.9631

	73
	*
	.9913
	.9904
	.9895
	.9885
	.9873
	.9861
	.9849
	.9833
	.9818
	.9801
	.9781
	.9761
	.9737
	.9710
	.9682
	.9648

	74
	*
	.9917
	.9910
	.9900
	.9891
	.9879
	.9869
	.9856
	.9842
	.9828
	.9812
	.9792
	.9773
	.9750
	.9725
	.9697
	.9666

	75
	*
	.9922
	.9914
	.9906
	.9896
	.9886
	.9875
	.9863
	.9850
	.9837
	.9821
	.9804
	.97784
	.9763
	.9739
	.9712
	.9682

	76
	*
	.9926
	.9918
	.9910
	.9902
	.9891
	.9881
	.9871
	.9858
	.9845
	.9830
	.9814
	.9796
	.9775
	.9753
	.9727
	.9698

	77
	*
	.9930
	.9922
	.9915
	.9907
	.9898
	.9887
	.9877
	.9865
	.9853
	.9839
	.9823
	.9806
	.9787
	.9766
	.9742
	.9715

	78
	*
	.9934
	.9927
	.9919
	.9911
	.9903
	.9893
	.9883
	.9872
	.9860
	.9847
	.9833
	.9817
	.9798
	.9777
	.9756
	.9730

	79
	*
	.9937
	.9931
	.9923
	.9915
	.9907
	.9899
	.9889
	.9879
	.9868
	.9856
	.9842
	.9826
	.9809
	.9790
	.9768
	.9744

	80
	*
	.9941
	.9934
	.9928
	.9921
	.9913
	.9904
	.9895
	.9886
	.9875
	.9864
	.9851
	.9836
	.9820
	.9801
	.9780
	.9758

	81
	*
	.9943
	.9937
	.9931
	.9924
	.9917
	.9910
	.9901
	.9891
	.9882
	.9870
	.9858
	.9845
	.9830
	.9813
	.9792
	.9771

	82
	*
	.9947
	.9941
	.9935
	.9928
	.9922
	.9914
	.9906
	.9898
	.9889
	.9878
	.9866
	.9853
	.9839
	.9823
	.9804
	.9784

	83
	*
	.9950
	.9944
	.9939
	.9933
	.9926
	.9920
	.9911
	.9904
	.9894
	.9885
	.9874
	.9862
	.9849
	.9833
	.9815
	.9796

	84
	*
	.9953
	.9948
	.9942
	.9936
	.9930
	.9924
	.9916
	.9909
	.9900
	.9891
	.9882
	.9870
	.9857
	.9842
	.9827
	.9808

	85
	*
	.9955
	.9951
	.9946
	.9939
	.9934
	.9928
	.9921
	.9914
	.9906
	.9897
	.9888
	.9878
	.9865
	.9851
	.9836
	.9818




















Exhibit  10.1.1



TABLE  F - 
CONVERSION FROM 50% JOINT & SURVIVOR TO 100 % JOINT & SURVIVOR WITH POP UP
CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 








P         E         N         S         I         O          N         E         R
	
																	
	Age
Of
Bene.
	*
*
*
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	35
	*
	.8898
	.8829
	.8757
	.8682
	.8605
	.8525
	.8443
	.8358
	.8272
	.8184
	.8095
	.8003
	.7911
	.7818
	.7724

	36
	*
	.8908
	.8840
	.8768
	.8693
	.8615
	.8535
	.8453
	.8368
	.8282
	.8194
	.8104
	.8013
	.7920
	.7826
	.7732

	37
	*
	.8920
	.8851
	.8779
	.8704
	.8627
	.8546
	.8464
	.8380
	.8293
	.8204
	.8115
	.8023
	.7931
	.7837
	.7743

	38
	*
	.8932
	.8862
	.8791
	.8715
	.8638
	.8558
	.8475
	.8391
	.8305
	.8216
	.8127
	.8034
	.7942
	.7848
	.7753

	39
	*
	.8944
	.8875
	.8803
	.8727
	.8651
	.8571
	.8488
	.8403
	.8317
	.8228
	.8138
	.8046
	.7953
	.7859
	.7764

	40
	*
	.8956
	.8888
	.8816
	.8742
	.8663
	.8583
	.8501
	.8416
	.8330
	.8240
	.8150
	.8058
	.7965
	.7871
	.7775

	41
	*
	.8970
	.8901
	.8829
	.8755
	.8678
	.8597
	.8515
	.8430
	.8342
	.8254
	.8164
	.8071
	.7977
	.7883
	.7788

	42
	*
	.8984
	.8916
	.8844
	.8769
	.8691
	.8612
	.8528
	.8444
	.8356
	.8268
	.8177
	.8085
	.7991
	.7896
	.7800

	43
	*
	.8998
	.8931
	.8859
	.8784
	.8707
	.8626
	.8544
	.8458
	.8371
	.8283
	.8192
	.8099
	.8005
	.7910
	.7813

	44
	*
	.9014
	.8946
	.8874
	.8800
	.8722
	.8642
	.8559
	.8474
	.8387
	.8298
	.8207
	.8114
	.8020
	.7924
	.7828

	45
	*
	.9030
	.8962
	.8891
	.8816
	.8738
	.8658
	.8576
	.8491
	.8403
	.8314
	.8223
	.8130
	.8035
	.7940
	.7843

	46
	*
	.9046
	.8978
	.8908
	.8833
	.8756
	.8676
	.8593
	.8508
	.8420
	.8331
	.8241
	.8147
	.8052
	.7956
	.7859

	47
	*
	.9063
	.8996
	.8925
	.8852
	.8774
	.8694
	.8611
	.8526
	.8439
	.8350
	.8258
	.8164
	.8069
	.7973
	.7877

	48
	*
	.9081
	.9013
	.8944
	.8870
	.8792
	.8713
	.8630
	.8545
	.8457
	.8368
	.8277
	.8184
	.8088
	.7992
	.7894

	49
	*
	.9099
	.9032
	.8962
	.8889
	.8812
	.8733
	.8650
	.8565
	.8478
	.8388
	.8296
	.8203
	.8107
	.8011
	.7913

	50
	*
	.9118
	.9052
	.8982
	.8909
	.8833
	.8754
	.8671
	.8586
	.8498
	.8409
	.8318
	.8224
	.8127
	.8030
	.7932

	51
	*
	.9138
	.9072
	.9002
	.8930
	.8854
	.8774
	.8692
	.8608
	.8520
	.8431
	.8339
	.8245
	.8149
	.8052
	.7953

	52
	*
	.9158
	.9092
	.9023
	.8951
	.8876
	.8796
	.8714
	.8630
	.8542
	.8454
	.8362
	.8268
	.8172
	.8074
	.7975

	53
	*
	.9178
	.9113
	.9045
	.8973
	.8898
	.8820
	.8737
	.8653
	.8567
	.8477
	.8386
	.8292
	.8196
	.8098
	.7999

	54
	*
	.9199
	.9135
	.9067
	.8996
	.8922
	.8843
	.8762
	.8678
	.8591
	.8502
	.8411
	.8317
	.8220
	.8122
	.8023

	55
	*
	.9220
	.9157
	.9090
	.9020
	.8946
	.8868
	.8787
	.8703
	.8617
	.8528
	.8436
	.8342
	.8246
	.8148
	.8048

	56
	*
	.9242
	.9180
	.9113
	.9044
	.8970
	.8892
	.8812
	.8730
	.8644
	.8554
	.8463
	.8370
	.8274
	.8176
	.8076

	57
	*
	.9263
	.9202
	.9137
	.9068
	.8995
	.8919
	.8839
	.8757
	.8671
	.8582
	.8492
	.8398
	.8302
	.8203
	.8105

	58
	*
	.9285
	.9225
	.9160
	.9093
	.9021
	.8945
	.8866
	.8785
	.8699
	.8611
	.8521
	.8427
	.8331
	.8234
	.8134

	59
	*
	.9309
	.9250
	.9186
	.9118
	.9048
	.8973
	.8895
	.8813
	.8728
	.8641
	.8551
	.8457
	.8362
	.8264
	.8164

	60
	*
	.9331
	.9273
	.9210
	.9144
	.9074
	.9001
	.8922
	.8842
	.8758
	.8672
	.8582
	.8490
	.8394
	.8296
	.8196














Exhibit  10.1.1



TABLE  F - 


CONVERSION FROM 50% JOINT & SURVIVOR TO 100 % JOINT & SURVIVOR WITH POP UP


CECONY Management Participants and CECONY Weekly Participants
Not Applicable to CECONY Weekly Participants -1 


P         E         N         S         I         O          N         E         R
	
																	
	Age
Of
Bene.
	*
*
*
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	61
	*
	.9354
	.9297
	.9235
	.9170
	.9101
	.9628
	.8952
	.8872
	.8790
	.8702
	.8613
	.8522
	.8426
	.8329
	.8230

	62
	*
	.9377
	.9320
	.9261
	.9197
	.9129
	.9057
	.8982
	8904
	.8821
	.8735
	.8647
	.8555
	.8460
	.8363
	.8264

	63
	*
	.9399
	.9345
	.9286
	.9224
	.9156
	.9087
	.9012
	.8934
	.8853
	.8768
	.8680
	.8589
	.8495
	.8398
	.8299

	64
	*
	.9423
	.9369
	.9312
	.9250
	.9185
	.9115
	.9042
	.8966
	.8885
	.8801
	.8715
	.8624
	.8531
	.8434.
	.8336

	65
	*
	.9445
	.9392
	.9337
	.9277
	.9213
	.9144
	.9073
	.8998
	.8918
	.8836
	.8750
	.8661
	8567
	.8472
	.8374

	66
	*
	.9467
	.9416
	.9362
	.9303
	.9241
	.9174
	.9104
	.9030
	.8952
	.8870
	.8785
	.8696
	.8605
	.8510
	.8412

	67
	*
	.9489
	.9440
	.9387
	.9330
	.9269
	.9204
	.9135
	.9062
	.8986
	.8905
	.8821
	.8734
	.8642
	.8549
	.8451

	68
	*
	.9511
	.9463
	.9411
	.9356
	.9297
	.9234
	.9166
	.9095
	.9019
	.8941
	.8858
	.8772
	.8681
	.8588
	.8493

	69
	*
	.9532
	.9486
	.9436
	.9382
	.9324
	.9262
	.9197
	.9128
	.9053
	.8976
	.8895
	.8809
	.8720
	.8629
	.8533

	70
	*
	.9553
	9509
	.9461
	.9409
	.9353
	.9292
	.9227
	.9159
	.9087
	.9011
	.8931
	.8847
	.8760
	.8669
	.8575

	71
	*
	.9573
	.9531
	.9484
	.9434
	.9379
	.9320
	.9258
	.9192
	.9121
	.9046
	.8968
	.8886
	.8800
	.8710
	.8617

	72
	*
	.9593
	.9552
	.9507
	.9459
	.9406
	.9349
	.9289
	.9224
	.9154
	.9082
	.9006
	.8925
	.8840
	.8752
	.8660

	73
	*
	.9612
	.9573
	.9530
	.9483
	.9432
	.9377
	.9318
	.9254
	.9189
	.9117
	.9043
	.8963
	.8880
	.8794
	.8702

	74
	*
	.9631
	.9594
	.9553
	.9507
	.9458
	.9405
	.9348
	.9286
	.9221
	.9152
	.9080
	.9001
	.8920
	.8835
	.8746

	75
	*
	.9649
	.9614
	.9575
	.9531
	.9482
	.9432
	.9376
	.9317
	.9254
	.9186
	.9115
	.9039
	.8960
	.8876
	.8789

	76
	*
	.9667
	.9633
	.9594
	.9553
	.9508
	.9457
	.9404
	.9347
	.9285
	.9221
	.9151
	.9077
	.9000
	.8918
	.8832

	77
	*
	.9685
	.9652
	.9615
	.9575
	.9531
	.9483
	.9432
	.9376
	.9318
	.9254
	.9187
	.9114
	.9039
	.8960
	.8875

	78
	*
	.9701
	.9669
	.9634
	.9597
	.9554
	.9508
	.9458
	.9405
	.9348
	.9287
	.9221
	.9153
	.9078
	.9000
	.8918

	79
	*
	.9717
	.9687
	.9653
	.9616
	.9576
	.9532
	.9485
	.9434
	.9378
	.9319
	.9255
	.9189
	.9116
	.9040.
	.8960

	80
	*
	.9732
	.9703
	.9672
	.9636
	.9598
	.9556
	.9510
	.9460
	.9407
	.9350
	.9288
	.9223
	.9154
	.9079
	.9001

	81
	*
	.9747
	.9720
	.9690
	.9656
	.9618
	.9579
	.9534
	.9487
	.9435
	.9380
	.9322
	.9258
	.9191
	.9118
	.9042

	82
	*
	.9760
	.9735
	.9706
	.9674
	.9639
	.9600
	.9558
	.9512
	.9463
	.9411
	.9354
	.9292
	.9227
	.9157
	.9083

	83
	*
	.9774
	.9749
	.9722
	.9691
	.9658
	.9621
	.9581
	.9537
	.9491
	.9439
	.9386
	.9326
	.9263
	.9195
	.9123

	84
	*
	9787
	.9764
	.9737
	.9709
	.9676
	.9641
	.9603
	.9562
	.9516
	.9469
	.9416
	.9359
	.9297
	.9232
	.9163

	85
	*
	.9799
	.9777
	.9753
	.9725
	.9695
	.9661
	.9625
	.9585
	.9543
	.9495
	.9445
	.9390
	.9333.
	.9269
	.9202




















Exhibit  10.1.1



Sub appendix A. 1


TABLE  G- 


All CECONY Participants Whose Distributions Begin Before January 1, 2005
Social Security Leveling Factors


Leveling To Age  62


	
													
	AGE
	0
	1
	2
	3
	4
	5
	6
	7
	8
	9
	10
	11

	45
	0.223320
	0.224894
	0.226467
	0.228041
	0.229614
	0.231188
	0.232761
	0.234335
	0.235909
	0.237482
	0.239056
	0.240629

	46
	0.242203
	0.243923
	0.245643
	0.247363
	0.249083
	0.250803
	0.252523
	0.254243
	0.255963
	0.257683
	0.259403
	0.261123

	47
	0.262843
	0.264725
	0.266607
	0.268489
	0.270371
	0.272253
	0.274135
	0.276017
	0.277899
	0.279781
	0.281663
	0.283545

	48
	0.285427
	0.287488
	0.289550
	0.291611
	0.293673
	0.295734
	0.297796
	0.299857
	0.301918
	0.303980
	0.306041
	0.308103

	49
	0.310164
	0.312425
	0.314686
	0.316946
	0.319207
	0.321468
	0.323729
	0.325989
	0.328250
	0.330511
	0.332772
	0.335032

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	50
	0.337293
	0.339775
	0.342258
	0.344740
	0.347223
	0.349705
	0.352188
	0.354670
	0.357152
	0.359635
	0.362117
	0.364600

	51
	0.367082
	0.369811
	0.372541
	0.375271
	0.378000
	0.380730
	0.383459
	0.386189
	0.388918
	0.391648
	0.394377
	0.397107

	52
	0.399836
	0.402841
	0.405847
	0.408852
	0.411858
	0.414863
	0.417869
	0.420874
	0.423879
	0.426885
	0.429890
	0.432896

	53
	0.435901
	0.439215
	0.442530
	0.445844
	0.449159
	0.452473
	0.455788
	0.459102
	0.462416
	0.465731
	0.469045
	0.472360

	54
	0.475674
	0.479335
	0.482997
	0.486658
	0.490319
	0.493981
	0.497642
	0.501303
	0.504965
	0.508626
	0.512287
	0.515949

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	55
	0.519610
	0.523662
	0.527713
	0.531765
	0.535817
	0.539868
	0.543920
	0.547972
	0.552023
	0.556075
	0.560127
	0.564178

	56
	0.568230
	0.572723
	0.577215
	0.581707
	0.586200
	0.590693
	0.595185
	0.599678
	0.604170
	0.608663
	0.613155
	0.617648

	57
	0.622140
	0.627131
	0.632123
	0.637114
	0.642106
	0.647097
	0.652089
	0.657080
	0.662071
	0.667063
	0.672054
	0.677046

	58
	0.682037
	0.687595
	0.693154
	0.698712
	0.704270
	0.709829
	0.715387
	0.720945
	0.726504
	0.732062
	0.737620
	0.743179

	59
	0.748737
	0.754941
	0.761146
	0.767350
	0.773554
	0.779759
	0.785963
	0.792167
	0.798372
	0.804576
	0.810780
	0.816985

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	60
	0.823189
	0.830132
	0.837075
	0.844018
	0.850962
	0.857905
	0.864848
	0.871791
	0.878734
	0.885677
	0.892621
	0.899564

	61
	0.906507
	0.914298
	0.922089
	0.929880
	0.937671
	0.945462
	0.953254
	0.961045
	0.968836
	0.976627
	0.984418
	0.992209

	62
	1.000000
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 




























Exhibit  10.1.1



Sub appendix A. 1


TABLE  G- 


All CECONY Participants
Social Security Leveling Factors  for Distributions Beginning Before January 1, 2005


Leveling To Age  65




	
													
	AGE
	0
	1
	2
	3
	4
	5
	6
	7
	8
	9
	10
	11

	45
	0.164388
	0.165546
	0.166705
	0.167863
	0.169021
	0.170180
	0.171338
	0.172496
	0.173655
	0.174813
	0.175971
	0.177130

	46
	0.178288
	0.179554
	0.180820
	0.182087
	0.183353
	0.184619
	0.185885
	0.187151
	0.188417
	0.189683
	0.190950
	0.192216

	47
	0.193482
	0.194867
	0.196253
	0.197638
	0.199023
	0.200409
	0.201794
	0.203179
	0.204565
	0.205950
	0.207335
	0.208721

	48
	0.210106
	0.211623
	0.213141
	0.214658
	0.216176
	0.217693
	0.219210
	0.220728
	0.222245
	0.223763
	0.225280
	0.226798

	49
	0.228315
	0.229979
	0.231643
	0.233308
	0.234972
	0.236636
	0.238300
	0.239964
	0.241628
	0.243293
	0.244957
	0.246621

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	50
	0.248285
	0.250112
	0.251940
	0.253767
	0.255594
	0.257422
	0.259249
	0.261076
	0.262904
	0.264731
	0.266558
	0.268386

	51
	0.270213
	0.272222
	0.274231
	0.276241
	0.278250
	0.280259
	0.282268
	0.284277
	0.286286
	0.288296
	0.290305
	0.292314

	52
	0.294323
	0.296535
	0.298748
	0.300960
	0.303172
	0.305385
	0.307597
	0.309809
	0.312022
	0.314234
	0.316446
	0.318659

	53
	0.320871
	0.323311
	0.325751
	0.328191
	0.330630
	0.333070
	0.335510
	0.337950
	0.340390
	0.342829
	0.345269
	0.347709

	54
	0.350149
	0.352844
	0.355539
	0.358234
	0.360929
	0.363624
	0.366319
	0.369015
	0.371710
	0.374405
	0.377100
	0.379795

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	55
	0.382490
	0.385473
	0.388455
	0.391437
	0.394420
	0.397403
	0.400385
	0.403367
	0.406350
	0.409333
	0.412315
	0.415297

	56
	0.418280
	0.421587
	0.424894
	0.428201
	0.431508
	0.434815
	0.438122
	0.441429
	0.444736
	0.448043
	0.451350
	0.454657

	57
	0.457964
	0.461638
	0.465312
	0.468987
	0.472661
	0.476335
	0.480010
	0.483684
	0.487358
	0.491032
	0.494707
	0.498381

	58
	0.502055
	0.506147
	0.510238
	0.514330
	0.518421
	0.522513
	0.526605
	0.530696
	0.534788
	0.538879
	0.542971
	0.547062

	59
	0.551154
	0.555721
	0.560288
	0.564855
	0.569422
	0.573989
	0.578557
	0.583124
	0.587691
	0.592258
	0.596825
	0.601392

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	60
	0.605959
	0.611070
	0.616181
	0.621292
	0.626403
	0.631514
	0.636625
	0.641735
	0.646846
	0.651957
	0.657068
	0.662179

	61
	0.667290
	0.673025
	0.678760
	0.684495
	0.690230
	0.695965
	0.701701
	0.707436
	0.713171
	0.718906
	0.724641
	0.730376

	62
	0.736111
	0.742565
	0.749019
	0.755473
	0.761927
	0.768381
	0.774836
	0.781290
	0.787744
	0.794198
	0.800652
	0.807106

	63
	0.813560
	0.820846
	0.828131
	0.835417
	0.842703
	0.849988
	0.857274
	0.864560
	0.871845
	0.879131
	0.886417
	0.893702

	64
	0.900988
	0.909239
	0.917490
	0.925741
	0.933992
	0.942243
	0.950494
	0.958745
	0.966996
	0.975247
	0.983498
	0.991749

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	65
	1.000000
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 












Exhibit  10.1.1



Sub appendix A. 1


TABLE  G- 


All CECONY Participants
Social Security Leveling Factors For Distributions Beginning Before January 1, 2005
Leveling to Age 66


	
													
	AGE
	0
	1
	2
	3
	4
	5
	6
	7
	8
	9
	10
	11

	45
	0.147762
	0.148803
	0.149845
	0.150886
	0.151927
	0.152968
	0.154010
	0.155051
	0.156092
	0.157133
	0.158175
	0.159216

	46
	0.160257
	0.161395
	0.162533
	0.163671
	0.164809
	0.165947
	0.167085
	0.168223
	0.169361
	0.170499
	0.171637
	0.172775

	47
	0.173913
	0.175158
	0.176404
	0.177649
	0.178894
	0.180139
	0.181384
	0.182630
	0.183875
	0.185120
	0.186366
	0.187611

	48
	0.188856
	0.190220
	0.191584
	0.192948
	0.194312
	0.195676
	0.197040
	0.198404
	0.199768
	0.201132
	0.202496
	0.203860

	49
	0.205224
	0.206720
	0.208216
	0.209712
	0.211207
	0.212703
	0.214199
	0.215695
	0.217191
	0.218687
	0.220182
	0.221678

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	50
	0.223174
	0.224817
	0.226459
	0.228102
	0.229744
	0.231387
	0.233030
	0.234672
	0.236315
	0.237957
	0.239600
	0.241242

	51
	0.242885
	0.244691
	0.246497
	0.248303
	0.250109
	0.251915
	0.253721
	0.255526
	0.257332
	0.259138
	0.260944
	0.262750

	52
	0.264556
	0.266545
	0.268533
	0.270522
	0.272510
	0.274499
	0.276488
	0.278476
	0.280465
	0.282453
	0.284442
	0.286430

	53
	0.288419
	0.290612
	0.292805
	0.294998
	0.297191
	0.299384
	0.301578
	0.303771
	0.305964
	0.308157
	0.310350
	0.312543

	54
	0.314736
	0.317159
	0.319581
	0.322004
	0.324426
	0.326849
	0.329271
	0.331694
	0.334116
	0.336539
	0.338961
	0.341384

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	55
	0.343806
	0.346487
	0.349168
	0.351849
	0.354530
	0.357211
	0.359892
	0.362572
	0.365253
	0.367934
	0.370615
	0.373296

	56
	0.375977
	0.378950
	0.381922
	0.384895
	0.387867
	0.390840
	0.393812
	0.396785
	0.399757
	0.402729
	0.405702
	0.408675

	57
	0.411647
	0.414950
	0.418252
	0.421555
	0.424858
	0.428160
	0.431463
	0.434766
	0.438068
	0.441371
	0.444674
	0.447976

	58
	0.451279
	0.454957
	0.458635
	0.462312
	0.465990
	0.469668
	0.473346
	0.477023
	0.480701
	0.484379
	0.488057
	0.491734

	59
	0.495412
	0.499517
	0.503622
	0.507728
	0.511833
	0.515938
	0.520043
	0.524148
	0.528253
	0.532359
	0.536464
	0.540569

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	60
	0.544674
	0.549268
	0.553862
	0.558456
	0.563050
	0.567644
	0.572238
	0.576832
	0.581426
	0.586020
	0.590614
	0.595208

	61
	0.599802
	0.604957
	0.610112
	0.615267
	0.620422
	0.625577
	0.630733
	0.635888
	0.641043
	0.646198
	0.651353
	0.656508

	62
	0.661663
	0.667464
	0.673266
	0.679067
	0.684869
	0.690670
	0.696472
	0.702273
	0.708074
	0.713876
	0.719677
	0.725479

	63
	0.731280
	0.737829
	0.744378
	0.750926
	0.757475
	0.764024
	0.770573
	0.777121
	0.783670
	0.790219
	0.796768
	0.803316

	64
	0.809865
	0.817282
	0.824698
	0.832115
	0.839531
	0.846948
	0.854364
	0.861781
	0.869197
	0.876614
	0.884030
	0.891446

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	65
	0.898863
	0.907291
	0.915719
	0.924147
	0.932575
	0.941003
	0.949431
	0.957860
	0.966288
	0.974716
	0.983144
	0.991572

	66
	1.000000
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 








Exhibit  10.1.1



Sub appendix A. 1


TABLE  G- 


All CECONY Participants
Social Security Leveling Factors For Distributions Beginning Before January 1, 2005


Leveling To Age  67




	
													
	AGE
	0
	1
	2
	3
	4
	5
	6
	7
	8
	9
	10
	11

	45
	.132481
	.133415
	.134348
	.135282
	.136215
	.137149
	.138082
	.139016
	.139949
	.140883
	.141816
	.142750

	46
	.143683
	.144703
	.145724
	.146744
	.147765
	.148785
	.149806
	.150826
	.151846
	.152867
	.153887
	.154908

	47
	.155928
	.157044
	.158161
	.159277
	.160394
	.161510
	.162627
	.163743
	.164859
	.165976
	.167092
	.168209

	48
	.169325
	.170548
	.171771
	.172994
	.174217
	.175440
	.176663
	.177885
	.179108
	.180331
	.181554
	.182777

	49
	.184000
	.185341
	.186682
	.188024
	.189365
	.190706
	.192047
	.193388
	.194729
	.196071
	.197412
	.198753

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	50
	.200094
	.201567
	.203039
	.204512
	.205985
	.207457
	.208930
	.210403
	.211875
	.213348
	.214821
	.216293

	51
	.217766
	.219385
	.221005
	.222624
	.224243
	.225862
	.227482
	.229101
	230720
	.232339
	.233959
	.235578

	52
	.237197
	.238980
	.240763
	.242546
	.244329
	.246112
	.247895
	.249677
	.251460
	.253243
	.255026
	.256809

	53
	.258592
	.260558
	.262525
	.264491
	.266457
	.268423
	.270390
	.272356
	.274322
	.276288
	.278255
	.280221

	54
	.282187
	.284359
	.286531
	.288703
	.290875
	.293047
	.295219
	.297391
	.299563
	.301735
	.303907
	.306079

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	55
	.308251
	.310655
	.313058
	.315462
	.317865
	.320269
	.322673
	.325076
	.327480
	.329883
	.332287
	.334690

	56
	.337094
	.339759
	.342424
	.345089
	.347754
	.350419
	.353085
	.355750
	.358415
	.361080
	.363745
	.366410

	57
	.369075
	.372036
	.374997
	.377959
	.380920
	.383881
	.386842
	.389803
	.392764
	.395726
	.398687
	.401648

	58
	.404609
	.407906
	.411204
	.414501
	.417798
	.421096
	.424393
	.427690
	.430988
	.434285
	.437582
	.440880

	59
	.444177
	.447858
	.451538
	.455219
	.458900
	.462580
	.466261
	.469942
	.473622
	.477303
	.480984
	.484664

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	60
	.488345
	.492464
	496583
	.500702
	.504821
	.508940
	.513059
	.517177
	.521296
	.525415
	.529534
	.533653

	61
	.537772
	.542394
	.547016
	.551638
	.556260
	.560882
	.565504
	.570125
	.574747
	.579369
	.583991
	.588613

	62
	.593235
	.598436
	.603638
	.608839
	.614041
	.619242
	.624444
	.629645
	.634846
	.640048
	.645249
	.650451

	63
	.655652
	.661524
	.667395
	.673267
	.679138
	.685010
	.690882
	.696753
	.702625
	.708496
	.714368
	.720239

	64
	.726111
	.732761
	.739410
	.746060
	.752709
	.759359
	.766008
	.772658
	.779307
	.785957
	.792606
	.799256

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	65
	.805905
	.813461
	.821018
	.828574
	.836131
	.843687
	.851244
	.858800
	.866356
	.873913
	.881469
	.889026

	66
	.896582
	.905200
	.913818
	.922437
	.931055
	.939673
	.948291
	.956909
	.965527
	.974146
	.982764
	.991382

	67
	1.000000
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 








Exhibit  10.1.1



TABLE I
Conversion From Single Life to 
Twelve Year Certain with 50% Joint & Survivor without Pop-Up
CECONY Weekly Participants -1


Age of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	25
	0.9858
	0.9845
	0.9833
	0.9818
	0.9804
	0.9787
	0.9768
	0.9749
	0.9729
	0.9706
	0.9681
	0.9655
	0.9626
	0.9596
	0.9564
	0.9528

	G
	26
	0.9861
	0.9849
	0.9837
	0.9822
	0.9808
	0.9791
	0.9773
	0.9754
	0.9733
	0.9711
	0.9687
	0.9660
	0.9632
	0.9602
	0.9570
	0.9534

	E
	27
	0.9865
	0.9853
	0.9841
	0.9826
	0.9812
	0.9796
	0.9778
	0.9759
	0.9738
	0.9716
	0.9692
	0.9666
	0.9638
	0.9608
	0.9576
	0.9541

	 
	28
	0.9868
	0.9856
	0.9844
	0.9830
	0.9816
	0.9800
	0.9782
	0.9764
	0.9744
	0.9722
	0.9698
	0.9672
	0.9644
	0.9615
	0.9582
	0.9548

	O
	29
	0.9872
	0.9860
	0.9848
	0.9834
	0.9820
	0.9804
	0.9787
	0.9769
	0.9749
	0.9727
	0.9703
	0.9677
	0.9651
	0.9621
	0.9589
	0.9554

	F
	30
	0.9875
	0.9864
	0.9852
	0.9839
	0.9825
	0.9809
	0.9792
	0.9774
	0.9755
	0.9733
	0.9709
	0.9684
	0.9657
	0.9628
	0.9596
	0.9561

	 
	31
	0.9879
	0.9867
	0.9856
	0.9842
	0.9829
	0.9814
	0.9797
	0.9779
	0.9760
	0.9739
	0.9715
	0.9690
	0.9664
	0.9635
	0.9603
	0.9569

	B
	32
	0.9882
	0.9871
	0.9860
	0.9847
	0.9834
	0.9818
	0.9802
	0.9784
	0.9766
	0.9745
	0.9722
	0.9697
	0.9671
	0.9642
	0.9611
	0.9577

	E
	33
	0.9885
	0.9875
	0.9864
	0.9851
	0.9838
	0.9824
	0.9807
	0.9790
	0.9772
	0.9750
	0.9728
	0.9703
	0.9678
	0.9649
	0.9618
	0.9585

	N
	34
	0.9889
	0.9879
	0.9868
	0.9856
	0.9843
	0.9829
	0.9812
	0.9795
	0.9777
	0.9757
	0.9734
	0.9710
	0.9685
	0.9657
	0.9626
	0.9593

	E
	35
	0.9892
	0.9882
	0.9872
	0.9859
	0.9848
	0.9833
	0.9818
	0.9801
	0.9783
	0.9763
	0.9741
	0.9717
	0.9692
	0.9664
	0.9634
	0.9601

	F
	36
	0.9896
	0.9886
	0.9876
	0.9864
	0.9852
	0.9838
	0.9823
	0.9807
	0.9789
	0.9770
	0.9748
	0.9725
	0.9699
	0.9672
	0.9643
	0.9610

	I
	37
	0.9899
	0.9890
	0.9880
	0.9868
	0.9857
	0.9843
	0.9828
	0.9812
	0.9795
	0.9776
	0.9755
	0.9732
	0.9708
	0.9680
	0.9652
	0.9619

	C
	38
	0.9902
	0.9893
	0.9884
	0.9873
	0.9861
	0.9848
	0.9834
	0.9818
	0.9801
	0.9782
	0.9762
	0.9739
	0.9715
	0.9689
	0.9660
	0.9629

	I
	39
	0.9906
	0.9897
	0.9888
	0.9876
	0.9865
	0.9853
	0.9839
	0.9824
	0.9807
	0.9789
	0.9769
	0.9746
	0.9723
	0.9697
	0.9669
	0.9638

	A
	40
	0.9909
	0.9901
	0.9891
	0.9881
	0.9871
	0.9858
	0.9844
	0.9830
	0.9814
	0.9796
	0.9776
	0.9754
	0.9731
	0.9705
	0.9678
	0.9648

	R
	41
	0.9913
	0.9904
	0.9895
	0.9885
	0.9875
	0.9863
	0.9850
	0.9836
	0.9820
	0.9803
	0.9783
	0.9761
	0.9739
	0.9714
	0.9687
	0.9658

	Y
	42
	0.9916
	0.9907
	0.9899
	0.9889
	0.9880
	0.9868
	0.9855
	0.9841
	0.9826
	0.9809
	0.9790
	0.9769
	0.9747
	0.9722
	0.9697
	0.9667

	 
	43
	0.9919
	0.9911
	0.9903
	0.9893
	0.9884
	0.9872
	0.9860
	0.9847
	0.9832
	0.9815
	0.9797
	0.9776
	0.9756
	0.9731
	0.9706
	0.9677

	 
	44
	0.9922
	0.9914
	0.9906
	0.9897
	0.9889
	0.9877
	0.9865
	0.9852
	0.9838
	0.9822
	0.9804
	0.9785
	0.9764
	0.9740
	0.9715
	0.9687

	 
	45
	0.9925
	0.9918
	0.9910
	0.9901
	0.9892
	0.9882
	0.9870
	0.9858
	0.9844
	0.9828
	0.9811
	0.9792
	0.9771
	0.9749
	0.9724
	0.9697

	 
	46
	0.9928
	0.9921
	0.9914
	0.9905
	0.9897
	0.9887
	0.9875
	0.9863
	0.9850
	0.9835
	0.9818
	0.9799
	0.9780
	0.9757
	0.9734
	0.9707

	 
	47
	0.9931
	0.9924
	0.9917
	0.9909
	0.9900
	0.9891
	0.9880
	0.9868
	0.9856
	0.9841
	0.9825
	0.9807
	0.9788
	0.9766
	0.9743
	0.9717

	 
	48
	0.9933
	0.9927
	0.9920
	0.9913
	0.9905
	0.9896
	0.9885
	0.9874
	0.9861
	0.9848
	0.9832
	0.9814
	0.9796
	0.9775
	0.9752
	0.9726

	 
	49
	0.9936
	0.9930
	0.9924
	0.9916
	0.9909
	0.9899
	0.9890
	0.9879
	0.9867
	0.9854
	0.9838
	0.9822
	0.9803
	0.9783
	0.9761
	0.9736

	 
	50
	0.9939
	0.9933
	0.9927
	0.9919
	0.9912
	0.9904
	0.9894
	0.9883
	0.9872
	0.9860
	0.9845
	0.9829
	0.9812
	0.9791
	0.9770
	0.9746

	 
	51
	0.9942
	0.9936
	0.9930
	0.9923
	0.9916
	0.9908
	0.9899
	0.9889
	0.9878
	0.9865
	0.9851
	0.9835
	0.9819
	0.9800
	0.9779
	0.9756

	 
	52
	0.9944
	0.9939
	0.9933
	0.9926
	0.9920
	0.9912
	0.9903
	0.9893
	0.9883
	0.9871
	0.9857
	0.9842
	0.9826
	0.9808
	0.9788
	0.9765

	 
	53
	0.9946
	0.9941
	0.9936
	0.9930
	0.9924
	0.9916
	0.9907
	0.9898
	0.9888
	0.9876
	0.9864
	0.9849
	0.9834
	0.9816
	0.9797
	0.9775

	 
	54
	0.9949
	0.9944
	0.9939
	0.9933
	0.9927
	0.9920
	0.9912
	0.9903
	0.9893
	0.9882
	0.9870
	0.9856
	0.9841
	0.9824
	0.9805
	0.9785

	 
	55
	0.9951
	0.9946
	0.9942
	0.9936
	0.9930
	0.9923
	0.9916
	0.9907
	0.9898
	0.9888
	0.9876
	0.9862
	0.9848
	0.9832
	0.9814
	0.9793










Exhibit  10.1.1



TABLE I
Conversion from Single Life to 
Twelve Year Certain with 50% Joint & Survivor without Pop-Up
CECONY Weekly Participant -1


Age of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	56
	0.9954
	0.9949
	0.9944
	0.9939
	0.9933
	0.9927
	0.9919
	0.9911
	0.9903
	0.9892
	0.9881
	0.9868
	0.9854
	0.9839
	0.9822
	0.9802

	G
	57
	0.9956
	0.9951
	0.9947
	0.9942
	0.9936
	0.9930
	0.9923
	0.9916
	0.9907
	0.9898
	0.9886
	0.9874
	0.9861
	0.9847
	0.9830
	0.9811

	E
	58
	0.9957
	0.9953
	0.9950
	0.9944
	0.9939
	0.9934
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892
	0.9880
	0.9868
	0.9853
	0.9838
	0.9820

	 
	59
	0.9960
	0.9956
	0.9952
	0.9947
	0.9942
	0.9937
	0.9931
	0.9924
	0.9916
	0.9908
	0.9897
	0.9886
	0.9874
	0.9860
	0.9846
	0.9828

	O
	60
	0.9962
	0.9958
	0.9954
	0.9949
	0.9945
	0.9940
	0.9934
	0.9927
	0.9920
	0.9912
	0.9902
	0.9891
	0.9881
	0.9867
	0.9853
	0.9836

	F
	61
	0.9963
	0.9959
	0.9956
	0.9952
	0.9948
	0.9943
	0.9937
	0.9931
	0.9924
	0.9916
	0.9907
	0.9897
	0.9886
	0.9874
	0.9860
	0.9844

	 
	62
	0.9966
	0.9962
	0.9959
	0.9955
	0.9951
	0.9946
	0.9940
	0.9934
	0.9928
	0.9921
	0.9912
	0.9902
	0.9891
	0.9880
	0.9867
	0.9852

	B
	63
	0.9967
	0.9963
	0.9961
	0.9957
	0.9953
	0.9948
	0.9944
	0.9938
	0.9932
	0.9924
	0.9916
	0.9907
	0.9897
	0.9885
	0.9873
	0.9859

	E
	64
	0.9969
	0.9965
	0.9963
	0.9958
	0.9956
	0.9951
	0.9947
	0.9941
	0.9935
	0.9928
	0.9920
	0.9911
	0.9902
	0.9891
	0.9879
	0.9866

	N
	65
	0.9970
	0.9967
	0.9965
	0.9961
	0.9958
	0.9954
	0.9949
	0.9944
	0.9938
	0.9932
	0.9925
	0.9916
	0.9907
	0.9897
	0.9885
	0.9872

	E
	66
	0.9971
	0.9968
	0.9966
	0.9963
	0.9960
	0.9956
	0.9952
	0.9947
	0.9942
	0.9936
	0.9929
	0.9920
	0.9911
	0.9902
	0.9891
	0.9878

	F
	67
	0.9973
	0.9970
	0.9968
	0.9964
	0.9962
	0.9958
	0.9954
	0.9949
	0.9945
	0.9939
	0.9932
	0.9924
	0.9916
	0.9907
	0.9896
	0.9884

	I
	68
	0.9974
	0.9971
	0.9970
	0.9967
	0.9964
	0.9960
	0.9956
	0.9952
	0.9948
	0.9942
	0.9936
	0.9928
	0.9921
	0.9912
	0.9902
	0.9890

	C
	69
	0.9975
	0.9973
	0.9971
	0.9968
	0.9966
	0.9963
	0.9959
	0.9955
	0.9950
	0.9945
	0.9939
	0.9931
	0.9925
	0.9916
	0.9906
	0.9895

	I
	70
	0.9977
	0.9974
	0.9973
	0.9970
	0.9967
	0.9964
	0.9961
	0.9957
	0.9953
	0.9947
	0.9942
	0.9935
	0.9928
	0.9920
	0.9910
	0.9900

	A
	71
	0.9977
	0.9975
	0.9974
	0.9971
	0.9969
	0.9966
	0.9963
	0.9959
	0.9955
	0.9950
	0.9945
	0.9938
	0.9932
	0.9923
	0.9915
	0.9905

	R
	72
	0.9979
	0.9977
	0.9975
	0.9972
	0.9970
	0.9968
	0.9964
	0.9961
	0.9957
	0.9953
	0.9947
	0.9941
	0.9935
	0.9927
	0.9919
	0.9909

	Y
	73
	0.9980
	0.9977
	0.9976
	0.9973
	0.9972
	0.9970
	0.9966
	0.9962
	0.9959
	0.9955
	0.9949
	0.9944
	0.9938
	0.9931
	0.9922
	0.9913

	 
	74
	0.9980
	0.9978
	0.9977
	0.9975
	0.9973
	0.9970
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952
	0.9946
	0.9940
	0.9934
	0.9926
	0.9917

	 
	75
	0.9981
	0.9980
	0.9978
	0.9976
	0.9974
	0.9972
	0.9969
	0.9966
	0.9963
	0.9959
	0.9954
	0.9948
	0.9943
	0.9936
	0.9929
	0.9920

	 
	76
	0.9982
	0.9980
	0.9979
	0.9977
	0.9976
	0.9973
	0.9970
	0.9967
	0.9965
	0.9960
	0.9956
	0.9951
	0.9946
	0.9939
	0.9932
	0.9923

	 
	77
	0.9983
	0.9981
	0.9980
	0.9977
	0.9976
	0.9974
	0.9972
	0.9969
	0.9966
	0.9962
	0.9958
	0.9952
	0.9947
	0.9941
	0.9934
	0.9926

	 
	78
	0.9983
	0.9981
	0.9980
	0.9978
	0.9977
	0.9975
	0.9972
	0.9970
	0.9967
	0.9964
	0.9960
	0.9954
	0.9950
	0.9943
	0.9936
	0.9929

	 
	79
	0.9983
	0.9982
	0.9981
	0.9979
	0.9978
	0.9976
	0.9973
	0.9971
	0.9968
	0.9964
	0.9960
	0.9955
	0.9951
	0.9945
	0.9939
	0.9931

	 
	80
	0.9984
	0.9983
	0.9982
	0.9980
	0.9979
	0.9976
	0.9974
	0.9972
	0.9969
	0.9966
	0.9962
	0.9957
	0.9953
	0.9947
	0.9940
	0.9933

	 
	81
	0.9985
	0.9983
	0.9982
	0.9980
	0.9979
	0.9977
	0.9975
	0.9972
	0.9970
	0.9967
	0.9963
	0.9959
	0.9954
	0.9949
	0.9942
	0.9935

	 
	82
	0.9985
	0.9983
	0.9983
	0.9980
	0.9979
	0.9978
	0.9975
	0.9973
	0.9971
	0.9967
	0.9964
	0.9959
	0.9955
	0.9949
	0.9943
	0.9937

	 
	83
	0.9986
	0.9983
	0.9983
	0.9981
	0.9980
	0.9979
	0.9976
	0.9974
	0.9971
	0.9968
	0.9965
	0.9960
	0.9956
	0.9951
	0.9945
	0.9938

	 
	84
	0.9986
	0.9984
	0.9983
	0.9982
	0.9981
	0.9979
	0.9976
	0.9975
	0.9972
	0.9969
	0.9966
	0.9962
	0.9957
	0.9952
	0.9946
	0.9939

	 
	85
	0.9986
	0.9984
	0.9983
	0.9982
	0.9981
	0.9979
	0.9977
	0.9975
	0.9973
	0.9970
	0.9966
	0.9962
	0.9958
	0.9953
	0.9947
	0.9941










Exhibit  10.1.1





TABLE I
Conversion from Single Life Annuity to 
12 Year Certain And Life With 50% Joint And Survivor without Pop-Up
CECONY Weekly Participant -1


Age of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	 
	25
	0.9491
	0.9453
	0.9410
	0.9367
	0.9319
	0.9270
	0.9218
	0.9162
	0.9102
	0.9039
	0.8972
	0.8899
	0.8822
	0.8738
	0.8650
	0.8555

	 
	26
	0.9498
	0.9459
	0.9417
	0.9373
	0.9327
	0.9278
	0.9225
	0.9169
	0.9110
	0.9047
	0.8979
	0.8907
	0.8830
	0.8746
	0.8658
	0.8563

	A
	27
	0.9505
	0.9466
	0.9424
	0.9380
	0.9334
	0.9285
	0.9233
	0.9177
	0.9118
	0.9055
	0.8987
	0.8915
	0.8838
	0.8755
	0.8666
	0.8572

	G
	28
	0.9511
	0.9473
	0.9431
	0.9388
	0.9341
	0.9293
	0.9241
	0.9185
	0.9126
	0.9063
	0.8996
	0.8924
	0.8847
	0.8764
	0.8676
	0.8581

	E
	29
	0.9519
	0.9480
	0.9439
	0.9396
	0.9349
	0.9301
	0.9249
	0.9194
	0.9135
	0.9073
	0.9005
	0.8933
	0.8856
	0.8774
	0.8685
	0.8591

	 
	30
	0.9526
	0.9488
	0.9447
	0.9404
	0.9358
	0.9310
	0.9258
	0.9203
	0.9144
	0.9082
	0.9014
	0.8943
	0.8866
	0.8784
	0.8695
	0.8601

	O
	31
	0.9534
	0.9496
	0.9455
	0.9412
	0.9367
	0.9319
	0.9267
	0.9213
	0.9153
	0.9092
	0.9025
	0.8953
	0.8877
	0.8794
	0.8706
	0.8611

	F
	32
	0.9542
	0.9504
	0.9464
	0.9421
	0.9376
	0.9328
	0.9277
	0.9223
	0.9164
	0.9102
	0.9035
	0.8964
	0.8887
	0.8805
	0.8717
	0.8623

	 
	33
	0.9550
	0.9513
	0.9473
	0.9430
	0.9386
	0.9338
	0.9287
	0.9233
	0.9175
	0.9113
	0.9046
	0.8976
	0.8899
	0.8817
	0.8729
	0.8635

	B
	34
	0.9559
	0.9522
	0.9482
	0.9440
	0.9395
	0.9348
	0.9298
	0.9244
	0.9186
	0.9124
	0.9058
	0.8987
	0.8912
	0.8830
	0.8742
	0.8648

	E
	35
	0.9568
	0.9531
	0.9492
	0.9450
	0.9406
	0.9358
	0.9308
	0.9255
	0.9197
	0.9137
	0.9070
	0.9000
	0.8924
	0.8842
	0.8755
	0.8661

	N
	36
	0.9577
	0.9541
	0.9502
	0.9460
	0.9417
	0.9370
	0.9320
	0.9267
	0.9209
	0.9149
	0.9083
	0.9013
	0.8937
	0.8856
	0.8769
	0.8675

	E
	37
	0.9587
	0.9551
	0.9512
	0.9471
	0.9428
	0.9382
	0.9332
	0.9279
	0.9222
	0.9162
	0.9096
	0.9027
	0.8951
	0.8870
	0.8784
	0.8691

	F
	38
	0.9596
	0.9560
	0.9523
	0.9482
	0.9439
	0.9393
	0.9344
	0.9292
	0.9235
	0.9175
	0.9110
	0.9041
	0.8966
	0.8885
	0.8798
	0.8706

	I
	39
	0.9606
	0.9571
	0.9533
	0.9493
	0.9451
	0.9405
	0.9357
	0.9305
	0.9249
	0.9189
	0.9125
	0.9056
	0.8982
	0.8901
	0.8815
	0.8722

	C
	40
	0.9616
	0.9581
	0.9544
	0.9505
	0.9463
	0.9418
	0.9370
	0.9319
	0.9263
	0.9204
	0.9140
	0.9071
	0.8997
	0.8917
	0.8832
	0.8739

	I
	41
	0.9626
	0.9592
	0.9556
	0.9517
	0.9475
	0.9431
	0.9384
	0.9333
	0.9277
	0.9219
	0.9156
	0.9088
	0.9014
	0.8934
	0.8849
	0.8757

	A
	42
	0.9636
	0.9603
	0.9567
	0.9529
	0.9488
	0.9445
	0.9398
	0.9347
	0.9293
	0.9235
	0.9172
	0.9104
	0.9031
	0.8952
	0.8868
	0.8776

	R
	43
	0.9647
	0.9615
	0.9579
	0.9541
	0.9501
	0.9458
	0.9412
	0.9363
	0.9308
	0.9251
	0.9188
	0.9122
	0.9049
	0.8971
	0.8886
	0.8795

	Y
	44
	0.9657
	0.9625
	0.9591
	0.9554
	0.9514
	0.9472
	0.9426
	0.9378
	0.9324
	0.9268
	0.9206
	0.9140
	0.9067
	0.8989
	0.8906
	0.8815

	 
	45
	0.9668
	0.9637
	0.9602
	0.9566
	0.9527
	0.9486
	0.9442
	0.9393
	0.9340
	0.9285
	0.9223
	0.9158
	0.9087
	0.9009
	0.8926
	0.8836

	 
	46
	0.9679
	0.9648
	0.9615
	0.9579
	0.9541
	0.9500
	0.9457
	0.9409
	0.9357
	0.9302
	0.9241
	0.9177
	0.9107
	0.9030
	0.8948
	0.8858

	 
	47
	0.9689
	0.9659
	0.9627
	0.9592
	0.9555
	0.9515
	0.9472
	0.9425
	0.9374
	0.9320
	0.9261
	0.9196
	0.9127
	0.9051
	0.8969
	0.8881

	 
	48
	0.9700
	0.9671
	0.9639
	0.9605
	0.9569
	0.9530
	0.9488
	0.9442
	0.9392
	0.9338
	0.9280
	0.9216
	0.9148
	0.9073
	0.8992
	0.8904

	 
	49
	0.9711
	0.9682
	0.9651
	0.9618
	0.9583
	0.9545
	0.9504
	0.9458
	0.9410
	0.9357
	0.9299
	0.9237
	0.9169
	0.9095
	0.9015
	0.8928

	 
	50
	0.9721
	0.9694
	0.9664
	0.9631
	0.9597
	0.9559
	0.9519
	0.9475
	0.9427
	0.9376
	0.9319
	0.9258
	0.9191
	0.9118
	0.9039
	0.8953

	 
	51
	0.9732
	0.9705
	0.9676
	0.9645
	0.9611
	0.9575
	0.9536
	0.9492
	0.9445
	0.9395
	0.9339
	0.9279
	0.9213
	0.9141
	0.9063
	0.8978

	 
	52
	0.9742
	0.9716
	0.9688
	0.9658
	0.9625
	0.9590
	0.9551
	0.9510
	0.9463
	0.9414
	0.9359
	0.9301
	0.9236
	0.9165
	0.9088
	0.9004

	 
	53
	0.9752
	0.9728
	0.9700
	0.9671
	0.9639
	0.9604
	0.9568
	0.9527
	0.9481
	0.9434
	0.9380
	0.9323
	0.9259
	0.9189
	0.9113
	0.9030

	 
	54
	0.9763
	0.9739
	0.9712
	0.9683
	0.9652
	0.9619
	0.9583
	0.9543
	0.9500
	0.9453
	0.9400
	0.9344
	0.9282
	0.9214
	0.9139
	0.9057

	 
	55
	0.9772
	0.9750
	0.9723
	0.9696
	0.9667
	0.9634
	0.9599
	0.9561
	0.9518
	0.9472
	0.9422
	0.9366
	0.9306
	0.9238
	0.9165
	0.9085








Exhibit  10.1.1





TABLE I
Conversion from Single Life Annuity to
12 Year Certain And Life With 50% Joint And Survivor Without Pop Up
CECONY Weekly Participant -1 


Age of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	56
	0.9782
	0.9760
	0.9735
	0.9708
	0.9680
	0.9648
	0.9615
	0.9577
	0.9536
	0.9492
	0.9443
	0.9389
	0.9330
	0.9263
	0.9191
	0.9113

	G
	57
	0.9792
	0.9771
	0.9747
	0.9721
	0.9693
	0.9663
	0.9631
	0.9595
	0.9554
	0.9511
	0.9463
	0.9411
	0.9353
	0.9288
	0.9219
	0.9141

	E
	58
	0.9801
	0.9781
	0.9758
	0.9733
	0.9707
	0.9678
	0.9646
	0.9612
	0.9573
	0.9531
	0.9484
	0.9433
	0.9376
	0.9314
	0.9245
	0.9169

	 
	59
	0.9810
	0.9790
	0.9769
	0.9745
	0.9719
	0.9691
	0.9661
	0.9628
	0.9590
	0.9550
	0.9505
	0.9456
	0.9401
	0.9339
	0.9272
	0.9199

	O
	60
	0.9819
	0.9800
	0.9779
	0.9757
	0.9732
	0.9705
	0.9676
	0.9644
	0.9607
	0.9569
	0.9525
	0.9478
	0.9424
	0.9365
	0.9300
	0.9227

	F
	61
	0.9828
	0.9810
	0.9789
	0.9768
	0.9744
	0.9718
	0.9691
	0.9660
	0.9625
	0.9587
	0.9545
	0.9499
	0.9447
	0.9390
	0.9326
	0.9256

	 
	62
	0.9836
	0.9818
	0.9799
	0.9779
	0.9756
	0.9731
	0.9704
	0.9675
	0.9641
	0.9606
	0.9565
	0.9520
	0.9471
	0.9414
	0.9353
	0.9284

	B
	63
	0.9843
	0.9827
	0.9808
	0.9789
	0.9767
	0.9744
	0.9718
	0.9690
	0.9658
	0.9623
	0.9584
	0.9541
	0.9493
	0.9439
	0.9378
	0.9312

	E
	64
	0.9851
	0.9836
	0.9818
	0.9799
	0.9778
	0.9756
	0.9732
	0.9704
	0.9673
	0.9641
	0.9603
	0.9562
	0.9515
	0.9463
	0.9404
	0.9339

	N
	65
	0.9858
	0.9844
	0.9827
	0.9808
	0.9789
	0.9767
	0.9744
	0.9718
	0.9689
	0.9657
	0.9621
	0.9581
	0.9536
	0.9485
	0.9430
	0.9366

	E
	66
	0.9865
	0.9851
	0.9835
	0.9818
	0.9799
	0.9779
	0.9756
	0.9731
	0.9704
	0.9674
	0.9639
	0.9600
	0.9557
	0.9508
	0.9454
	0.9393

	F
	67
	0.9872
	0.9858
	0.9843
	0.9827
	0.9809
	0.9789
	0.9768
	0.9745
	0.9718
	0.9689
	0.9655
	0.9619
	0.9577
	0.9530
	0.9477
	0.9419

	I
	68
	0.9878
	0.9865
	0.9851
	0.9835
	0.9818
	0.9799
	0.9779
	0.9757
	0.9731
	0.9704
	0.9671
	0.9636
	0.9596
	0.9551
	0.9501
	0.9444

	C
	69
	0.9884
	0.9872
	0.9858
	0.9843
	0.9827
	0.9809
	0.9790
	0.9768
	0.9743
	0.9717
	0.9686
	0.9653
	0.9615
	0.9571
	0.9522
	0.9467

	I
	70
	0.9889
	0.9877
	0.9864
	0.9850
	0.9835
	0.9818
	0.9800
	0.9779
	0.9755
	0.9730
	0.9701
	0.9669
	0.9632
	0.9590
	0.9543
	0.9490

	A
	71
	0.9895
	0.9884
	0.9871
	0.9857
	0.9842
	0.9826
	0.9809
	0.9789
	0.9767
	0.9743
	0.9714
	0.9684
	0.9648
	0.9608
	0.9563
	0.9512

	R
	72
	0.9900
	0.9888
	0.9876
	0.9863
	0.9850
	0.9834
	0.9817
	0.9798
	0.9777
	0.9754
	0.9728
	0.9698
	0.9664
	0.9625
	0.9581
	0.9532

	Y
	73
	0.9904
	0.9893
	0.9882
	0.9869
	0.9856
	0.9841
	0.9825
	0.9807
	0.9787
	0.9765
	0.9740
	0.9711
	0.9679
	0.9641
	0.9599
	0.9551

	 
	74
	0.9908
	0.9898
	0.9887
	0.9874
	0.9862
	0.9847
	0.9833
	0.9816
	0.9796
	0.9775
	0.9750
	0.9723
	0.9692
	0.9656
	0.9615
	0.9569

	 
	75
	0.9911
	0.9902
	0.9891
	0.9880
	0.9867
	0.9854
	0.9839
	0.9823
	0.9804
	0.9784
	0.9760
	0.9734
	0.9705
	0.9669
	0.9630
	0.9586

	 
	76
	0.9915
	0.9906
	0.9896
	0.9884
	0.9872
	0.9860
	0.9846
	0.9830
	0.9812
	0.9793
	0.9770
	0.9745
	0.9716
	0.9683
	0.9645
	0.9601

	 
	77
	0.9919
	0.9909
	0.9899
	0.9889
	0.9877
	0.9865
	0.9852
	0.9837
	0.9819
	0.9800
	0.9778
	0.9754
	0.9726
	0.9694
	0.9657
	0.9615

	 
	78
	0.9921
	0.9912
	0.9903
	0.9892
	0.9881
	0.9870
	0.9857
	0.9842
	0.9825
	0.9807
	0.9786
	0.9763
	0.9736
	0.9705
	0.9669
	0.9628

	 
	79
	0.9923
	0.9915
	0.9905
	0.9895
	0.9885
	0.9874
	0.9861
	0.9847
	0.9831
	0.9813
	0.9793
	0.9771
	0.9745
	0.9713
	0.9679
	0.9639

	 
	80
	0.9926
	0.9918
	0.9908
	0.9899
	0.9888
	0.9877
	0.9865
	0.9852
	0.9836
	0.9819
	0.9800
	0.9778
	0.9752
	0.9722
	0.9689
	0.9650

	 
	81
	0.9928
	0.9920
	0.9911
	0.9901
	0.9891
	0.9880
	0.9869
	0.9856
	0.9840
	0.9824
	0.9805
	0.9784
	0.9759
	0.9730
	0.9697
	0.9660

	 
	82
	0.9930
	0.9922
	0.9913
	0.9904
	0.9894
	0.9884
	0.9872
	0.9859
	0.9844
	0.9829
	0.9810
	0.9789
	0.9765
	0.9736
	0.9705
	0.9668

	 
	83
	0.9931
	0.9924
	0.9915
	0.9906
	0.9896
	0.9886
	0.9875
	0.9863
	0.9847
	0.9833
	0.9814
	0.9794
	0.9770
	0.9743
	0.9711
	0.9676

	 
	84
	0.9933
	0.9925
	0.9917
	0.9908
	0.9899
	0.9889
	0.9877
	0.9865
	0.9851
	0.9836
	0.9818
	0.9798
	0.9775
	0.9748
	0.9718
	0.9682

	 
	85
	0.9934
	0.9927
	0.9918
	0.9909
	0.9900
	0.9890
	0.9880
	0.9868
	0.9853
	0.9839
	0.9821
	0.9802
	0.9779
	0.9752
	0.9722
	0.9687








Exhibit  10.1.1







TABLE I
Conversion from Single Life Annuity to
12 Year Certain And Life With 50% Joint And Survivor Without Pop Up
CECONY Weekly Participant -1 


Age of Pensioner




Exhibit  10.1.1



	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	25
	0.8455
	0.8347
	0.8232
	0.8112
	0.7984
	0.7851
	0.7710
	0.7563
	0.7410
	0.7250
	0.7083
	0.6909
	0.6729
	0.6544
	 
	 

	G
	26
	0.8462
	0.8355
	0.8241
	0.8121
	0.7993
	0.7859
	0.7718
	0.7571
	0.7418
	0.7258
	0.7091
	0.6917
	0.6737
	0.6552
	 
	 

	E
	27
	0.8472
	0.8364
	0.8250
	0.8129
	0.8001
	0.7868
	0.7727
	0.7580
	0.7426
	0.7266
	0.7099
	0.6926
	0.6745
	0.6560
	 
	 

	 
	28
	0.8481
	0.8373
	0.8259
	0.8139
	0.8011
	0.7877
	0.7737
	0.7589
	0.7436
	0.7275
	0.7108
	0.6934
	0.6754
	0.6569
	 
	 

	O
	29
	0.8490
	0.8383
	0.8269
	0.8149
	0.8021
	0.7887
	0.7746
	0.7599
	0.7445
	0.7285
	0.7118
	0.6944
	0.6763
	0.6578
	 
	 

	F
	30
	0.8501
	0.8393
	0.8279
	0.8159
	0.8032
	0.7898
	0.7757
	0.7610
	0.7456
	0.7296
	0.7129
	0.6954
	0.6773
	0.6588
	 
	 

	 
	31
	0.8511
	0.8404
	0.8290
	0.8170
	0.8043
	0.7909
	0.7768
	0.7621
	0.7467
	0.7307
	0.7140
	0.6965
	0.6784
	0.6599
	 
	 

	B
	32
	0.8523
	0.8416
	0.8302
	0.8182
	0.8055
	0.7921
	0.7780
	0.7633
	0.7479
	0.7318
	0.7151
	0.6977
	0.6795
	0.6609
	 
	 

	E
	33
	0.8535
	0.8428
	0.8315
	0.8195
	0.8067
	0.7933
	0.7792
	0.7645
	0.7492
	0.7331
	0.7163
	0.6989
	0.6807
	0.6622
	 
	 

	N
	34
	0.8548
	0.8441
	0.8327
	0.8208
	0.8081
	0.7947
	0.7806
	0.7659
	0.7505
	0.7344
	0.7176
	0.7002
	0.6820
	0.6634
	 
	 

	E
	35
	0.8562
	0.8455
	0.8342
	0.8222
	0.8095
	0.7961
	0.7820
	0.7673
	0.7519
	0.7358
	0.7190
	0.7016
	0.6834
	0.6648
	 
	 

	F
	36
	0.8576
	0.8469
	0.8356
	0.8237
	0.8109
	0.7976
	0.7835
	0.7688
	0.7534
	0.7373
	0.7205
	0.7030
	0.6848
	0.6662
	 
	 

	I
	37
	0.8591
	0.8484
	0.8372
	0.8252
	0.8125
	0.7991
	0.7850
	0.7704
	0.7550
	0.7389
	0.7221
	0.7046
	0.6864
	0.6677
	 
	 

	C
	38
	0.8607
	0.8501
	0.8388
	0.8269
	0.8141
	0.8008
	0.7867
	0.7720
	0.7566
	0.7406
	0.7237
	0.7062
	0.6880
	0.6693
	 
	 

	I
	39
	0.8624
	0.8518
	0.8405
	0.8286
	0.8159
	0.8026
	0.7885
	0.7738
	0.7584
	0.7423
	0.7255
	0.7080
	0.6897
	0.6710
	 
	 

	A
	40
	0.8641
	0.8535
	0.8422
	0.8304
	0.8177
	0.8044
	0.7904
	0.7756
	0.7603
	0.7442
	0.7273
	0.7098
	0.6916
	0.6728
	 
	 

	R
	41
	0.8659
	0.8554
	0.8441
	0.8323
	0.8197
	0.8064
	0.7923
	0.7777
	0.7623
	0.7462
	0.7293
	0.7117
	0.6935
	0.6747
	 
	 

	Y
	42
	0.8678
	0.8574
	0.8461
	0.8343
	0.8217
	0.8085
	0.7944
	0.7797
	0.7643
	0.7482
	0.7314
	0.7138
	0.6955
	0.6767
	 
	 

	 
	43
	0.8698
	0.8594
	0.8482
	0.8364
	0.8239
	0.8106
	0.7965
	0.7819
	0.7665
	0.7504
	0.7335
	0.7160
	0.6977
	0.6789
	 
	 

	 
	44
	0.8719
	0.8615
	0.8503
	0.8386
	0.8261
	0.8129
	0.7988
	0.7842
	0.7688
	0.7527
	0.7359
	0.7183
	0.6999
	0.6811
	 
	 

	 
	45
	0.8741
	0.8637
	0.8527
	0.8409
	0.8284
	0.8152
	0.8012
	0.7866
	0.7712
	0.7552
	0.7383
	0.7207
	0.7023
	0.6835
	 
	 

	 
	46
	0.8763
	0.8660
	0.8550
	0.8433
	0.8308
	0.8177
	0.8037
	0.7891
	0.7738
	0.7577
	0.7408
	0.7232
	0.7048
	0.6860
	 
	 

	 
	47
	0.8786
	0.8684
	0.8574
	0.8458
	0.8334
	0.8203
	0.8063
	0.7917
	0.7764
	0.7603
	0.7435
	0.7259
	0.7075
	0.6886
	 
	 

	 
	48
	0.8810
	0.8708
	0.8600
	0.8484
	0.8360
	0.8229
	0.8091
	0.7945
	0.7792
	0.7631
	0.7463
	0.7286
	0.7102
	0.6914
	 
	 

	 
	49
	0.8835
	0.8734
	0.8625
	0.8510
	0.8387
	0.8257
	0.8119
	0.7974
	0.7821
	0.7660
	0.7492
	0.7316
	0.7132
	0.6942
	 
	 

	 
	50
	0.8861
	0.8760
	0.8653
	0.8539
	0.8416
	0.8287
	0.8149
	0.8003
	0.7851
	0.7690
	0.7522
	0.7346
	0.7162
	0.6973
	 
	 

	 
	51
	0.8887
	0.8787
	0.8681
	0.8567
	0.8446
	0.8317
	0.8179
	0.8034
	0.7882
	0.7723
	0.7555
	0.7378
	0.7194
	0.7004
	 
	 

	 
	52
	0.8914
	0.8816
	0.8710
	0.8597
	0.8476
	0.8347
	0.8211
	0.8067
	0.7916
	0.7756
	0.7588
	0.7412
	0.7228
	0.7038
	 
	 

	 
	53
	0.8941
	0.8844
	0.8739
	0.8628
	0.8507
	0.8381
	0.8244
	0.8101
	0.7950
	0.7790
	0.7622
	0.7447
	0.7262
	0.7073
	 
	 

	 
	54
	0.8970
	0.8874
	0.8770
	0.8659
	0.8540
	0.8414
	0.8279
	0.8136
	0.7985
	0.7826
	0.7659
	0.7483
	0.7299
	0.7110
	 
	 

	 
	55
	0.8998
	0.8903
	0.8801
	0.8692
	0.8574
	0.8448
	0.8314
	0.8172
	0.8023
	0.7864
	0.7697
	0.7522
	0.7338
	0.7148
	 
	 











TABLE I
Conversion from Single Life Annuity to
12 Year Certain And Life With 50% Joint And Survivor Without Pop Up
CECONY Weekly Participant -1 




Exhibit  10.1.1





Age of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	56
	0.9028
	0.8934
	0.8833
	0.8725
	0.8608
	0.8484
	0.8351
	0.8209
	0.8060
	0.7903
	0.7736
	0.7561
	0.7377
	0.7187
	 
	 

	G
	57
	0.9057
	0.8965
	0.8866
	0.8759
	0.8643
	0.8520
	0.8388
	0.8248
	0.8100
	0.7943
	0.7777
	0.7602
	0.7419
	0.7229
	 
	 

	E
	58
	0.9087
	0.8997
	0.8899
	0.8793
	0.8680
	0.8557
	0.8427
	0.8288
	0.8141
	0.7985
	0.7819
	0.7645
	0.7462
	0.7273
	 
	 

	 
	59
	0.9118
	0.9029
	0.8933
	0.8829
	0.8716
	0.8595
	0.8466
	0.8328
	0.8182
	0.8027
	0.7863
	0.7689
	0.7506
	0.7317
	 
	 

	O
	60
	0.9148
	0.9062
	0.8966
	0.8864
	0.8753
	0.8635
	0.8506
	0.8370
	0.8225
	0.8071
	0.7907
	0.7735
	0.7553
	0.7364
	 
	 

	F
	61
	0.9178
	0.9093
	0.9000
	0.8900
	0.8791
	0.8674
	0.8547
	0.8412
	0.8269
	0.8116
	0.7953
	0.7781
	0.7600
	0.7411
	 
	 

	 
	62
	0.9208
	0.9126
	0.9035
	0.8936
	0.8829
	0.8713
	0.8589
	0.8455
	0.8313
	0.8162
	0.8000
	0.7829
	0.7648
	0.7460
	 
	 

	B
	63
	0.9239
	0.9158
	0.9068
	0.8972
	0.8866
	0.8753
	0.8630
	0.8498
	0.8358
	0.8208
	0.8047
	0.7878
	0.7698
	0.7510
	 
	 

	E
	64
	0.9268
	0.9189
	0.9102
	0.9008
	0.8905
	0.8792
	0.8672
	0.8542
	0.8403
	0.8255
	0.8096
	0.7927
	0.7748
	0.7561
	 
	 

	N
	65
	0.9297
	0.9220
	0.9136
	0.9043
	0.8941
	0.8833
	0.8713
	0.8585
	0.8448
	0.8301
	0.8144
	0.7976
	0.7798
	0.7613
	 
	 

	E
	66
	0.9326
	0.9251
	0.9168
	0.9078
	0.8978
	0.8871
	0.8754
	0.8628
	0.8493
	0.8348
	0.8192
	0.8026
	0.7850
	0.7665
	 
	 

	F
	67
	0.9354
	0.9281
	0.9200
	0.9112
	0.9015
	0.8910
	0.8795
	0.8671
	0.8538
	0.8395
	0.8241
	0.8076
	0.7901
	0.7717
	 
	 

	I
	68
	0.9381
	0.9309
	0.9231
	0.9145
	0.9051
	0.8947
	0.8835
	0.8714
	0.8582
	0.8441
	0.8288
	0.8126
	0.7951
	0.7769
	 
	 

	C
	69
	0.9406
	0.9337
	0.9262
	0.9178
	0.9085
	0.8985
	0.8874
	0.8755
	0.8626
	0.8486
	0.8336
	0.8174
	0.8002
	0.7821
	 
	 

	I
	70
	0.9431
	0.9364
	0.9290
	0.9209
	0.9118
	0.9020
	0.8912
	0.8795
	0.8668
	0.8530
	0.8382
	0.8223
	0.8051
	0.7872
	 
	 

	A
	71
	0.9454
	0.9390
	0.9318
	0.9239
	0.9151
	0.9054
	0.8949
	0.8834
	0.8709
	0.8574
	0.8428
	0.8270
	0.8101
	0.7922
	 
	 

	R
	72
	0.9477
	0.9414
	0.9344
	0.9267
	0.9181
	0.9088
	0.8984
	0.8871
	0.8748
	0.8616
	0.8471
	0.8315
	0.8148
	0.7971
	 
	 

	Y
	73
	0.9498
	0.9437
	0.9369
	0.9294
	0.9210
	0.9119
	0.9018
	0.8907
	0.8787
	0.8656
	0.8513
	0.8360
	0.8194
	0.8018
	 
	 

	 
	74
	0.9517
	0.9458
	0.9393
	0.9320
	0.9238
	0.9148
	0.9049
	0.8941
	0.8823
	0.8694
	0.8554
	0.8402
	0.8237
	0.8064
	 
	 

	 
	75
	0.9536
	0.9478
	0.9415
	0.9344
	0.9264
	0.9177
	0.9080
	0.8974
	0.8857
	0.8730
	0.8593
	0.8442
	0.8280
	0.8107
	 
	 

	 
	76
	0.9553
	0.9497
	0.9435
	0.9366
	0.9288
	0.9203
	0.9108
	0.9004
	0.8889
	0.8765
	0.8628
	0.8480
	0.8320
	0.8148
	 
	 

	 
	77
	0.9568
	0.9515
	0.9453
	0.9386
	0.9311
	0.9226
	0.9133
	0.9032
	0.8919
	0.8797
	0.8662
	0.8516
	0.8356
	0.8187
	 
	 

	 
	78
	0.9582
	0.9530
	0.9471
	0.9405
	0.9330
	0.9249
	0.9158
	0.9057
	0.8948
	0.8827
	0.8694
	0.8549
	0.8391
	0.8224
	 
	 

	 
	79
	0.9596
	0.9544
	0.9486
	0.9422
	0.9349
	0.9270
	0.9179
	0.9081
	0.8973
	0.8854
	0.8723
	0.8580
	0.8424
	0.8258
	 
	 

	 
	80
	0.9607
	0.9557
	0.9500
	0.9438
	0.9367
	0.9288
	0.9199
	0.9103
	0.8997
	0.8880
	0.8749
	0.8609
	0.8454
	0.8290
	 
	 

	 
	81
	0.9617
	0.9569
	0.9513
	0.9451
	0.9382
	0.9305
	0.9218
	0.9123
	0.9018
	0.8902
	0.8775
	0.8634
	0.8481
	0.8317
	 
	 

	 
	82
	0.9627
	0.9579
	0.9524
	0.9464
	0.9395
	0.9320
	0.9235
	0.9141
	0.9037
	0.8922
	0.8796
	0.8657
	0.8506
	0.8344
	 
	 

	 
	83
	0.9635
	0.9588
	0.9535
	0.9476
	0.9408
	0.9333
	0.9249
	0.9156
	0.9054
	0.8941
	0.8816
	0.8679
	0.8528
	0.8368
	 
	 

	 
	84
	0.9642
	0.9596
	0.9543
	0.9485
	0.9419
	0.9345
	0.9262
	0.9171
	0.9070
	0.8958
	0.8833
	0.8698
	0.8549
	0.8389
	 
	 

	 
	85
	0.9649
	0.9603
	0.9552
	0.9494
	0.9428
	0.9356
	0.9274
	0.9183
	0.9083
	0.8972
	0.8849
	0.8714
	0.8567
	0.8407
	 
	 




TABLE J
Conversion from Single Life to
100% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1





	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	 
	25
	0.9822
	0.9806
	0.9790
	0.9772
	0.9753
	0.9733
	0.9710
	0.9686
	0.9659
	0.9631
	0.9600
	0.9567
	0.9532
	0.9494
	0.9454
	0.9409
	0.9363

	 
	26
	0.9826
	0.9811
	0.9796
	0.9778
	0.9760
	0.9739
	0.9716
	0.9693
	0.9666
	0.9639
	0.9608
	0.9576
	0.9540
	0.9503
	0.9463
	0.9420
	0.9373

	A
	27
	0.9831
	0.9817
	0.9801
	0.9784
	0.9766
	0.9746
	0.9723
	0.9700
	0.9674
	0.9647
	0.9617
	0.9584
	0.9550
	0.9513
	0.9473
	0.9430
	0.9383

	G
	28
	0.9836
	0.9822
	0.9807
	0.9790
	0.9772
	0.9752
	0.9730
	0.9708
	0.9682
	0.9655
	0.9625
	0.9594
	0.9559
	0.9523
	0.9483
	0.9441
	0.9395

	E
	29
	0.9840
	0.9827
	0.9812
	0.9795
	0.9778
	0.9759
	0.9737
	0.9715
	0.9690
	0.9664
	0.9634
	0.9603
	0.9569
	0.9533
	0.9493
	0.9452
	0.9406

	 
	30
	0.9846
	0.9832
	0.9817
	0.9801
	0.9785
	0.9766
	0.9744
	0.9723
	0.9697
	0.9672
	0.9643
	0.9612
	0.9579
	0.9543
	0.9505
	0.9463
	0.9418

	O
	31
	0.9851
	0.9837
	0.9823
	0.9807
	0.9791
	0.9772
	0.9751
	0.9731
	0.9706
	0.9681
	0.9652
	0.9622
	0.9589
	0.9554
	0.9516
	0.9474
	0.9430

	F
	32
	0.9855
	0.9842
	0.9828
	0.9813
	0.9797
	0.9779
	0.9759
	0.9738
	0.9714
	0.9689
	0.9662
	0.9632
	0.9600
	0.9565
	0.9527
	0.9486
	0.9443

	 
	33
	0.9860
	0.9847
	0.9834
	0.9819
	0.9804
	0.9786
	0.9766
	0.9746
	0.9722
	0.9698
	0.9671
	0.9642
	0.9610
	0.9576
	0.9539
	0.9499
	0.9455

	B
	34
	0.9864
	0.9852
	0.9839
	0.9825
	0.9810
	0.9793
	0.9774
	0.9753
	0.9730
	0.9707
	0.9680
	0.9652
	0.9620
	0.9587
	0.9551
	0.9511
	0.9469

	E
	35
	0.9869
	0.9857
	0.9845
	0.9831
	0.9816
	0.9799
	0.9781
	0.9761
	0.9739
	0.9716
	0.9690
	0.9662
	0.9631
	0.9599
	0.9563
	0.9524
	0.9482

	N
	36
	0.9873
	0.9863
	0.9850
	0.9837
	0.9822
	0.9806
	0.9788
	0.9769
	0.9748
	0.9725
	0.9700
	0.9672
	0.9643
	0.9610
	0.9575
	0.9537
	0.9495

	E
	37
	0.9878
	0.9867
	0.9855
	0.9842
	0.9829
	0.9813
	0.9795
	0.9777
	0.9756
	0.9734
	0.9709
	0.9683
	0.9653
	0.9622
	0.9588
	0.9550
	0.9509

	F
	38
	0.9882
	0.9872
	0.9861
	0.9848
	0.9835
	0.9820
	0.9803
	0.9785
	0.9764
	0.9743
	0.9719
	0.9693
	0.9664
	0.9634
	0.9600
	0.9563
	0.9523

	I
	39
	0.9887
	0.9876
	0.9866
	0.9853
	0.9841
	0.9826
	0.9810
	0.9793
	0.9772
	0.9752
	0.9729
	0.9703
	0.9676
	0.9645
	0.9613
	0.9576
	0.9537

	C
	40
	0.9890
	0.9881
	0.9871
	0.9859
	0.9847
	0.9833
	0.9816
	0.9800
	0.9781
	0.9761
	0.9738
	0.9714
	0.9686
	0.9658
	0.9625
	0.9590
	0.9552

	I
	41
	0.9895
	0.9886
	0.9875
	0.9864
	0.9853
	0.9839
	0.9824
	0.9808
	0.9789
	0.9770
	0.9748
	0.9724
	0.9697
	0.9669
	0.9638
	0.9604
	0.9566

	A
	42
	0.9899
	0.9890
	0.9880
	0.9870
	0.9859
	0.9845
	0.9830
	0.9815
	0.9797
	0.9779
	0.9758
	0.9734
	0.9709
	0.9681
	0.9651
	0.9617
	0.9581

	R
	43
	0.9903
	0.9895
	0.9886
	0.9875
	0.9865
	0.9852
	0.9837
	0.9822
	0.9805
	0.9788
	0.9767
	0.9744
	0.9720
	0.9693
	0.9663
	0.9631
	0.9596

	Y
	44
	0.9907
	0.9899
	0.9890
	0.9880
	0.9870
	0.9858
	0.9844
	0.9830
	0.9813
	0.9796
	0.9776
	0.9754
	0.9731
	0.9705
	0.9676
	0.9645
	0.9610

	 
	45
	0.9911
	0.9903
	0.9894
	0.9885
	0.9876
	0.9863
	0.9851
	0.9837
	0.9820
	0.9804
	0.9785
	0.9764
	0.9741
	0.9716
	0.9689
	0.9658
	0.9625

	 
	46
	0.9914
	0.9907
	0.9899
	0.9890
	0.9881
	0.9869
	0.9856
	0.9844
	0.9828
	0.9812
	0.9794
	0.9774
	0.9752
	0.9728
	0.9701
	0.9672
	0.9639

	 
	47
	0.9918
	0.9911
	0.9903
	0.9895
	0.9886
	0.9875
	0.9863
	0.9851
	0.9836
	0.9820
	0.9803
	0.9784
	0.9762
	0.9739
	0.9714
	0.9685
	0.9654

	 
	48
	0.9922
	0.9915
	0.9908
	0.9899
	0.9891
	0.9881
	0.9869
	0.9858
	0.9843
	0.9829
	0.9812
	0.9793
	0.9773
	0.9751
	0.9725
	0.9698
	0.9668

	 
	49
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9886
	0.9875
	0.9864
	0.9850
	0.9837
	0.9821
	0.9802
	0.9783
	0.9761
	0.9738
	0.9712
	0.9682

	 
	50
	0.9928
	0.9922
	0.9916
	0.9908
	0.9900
	0.9891
	0.9881
	0.9870
	0.9857
	0.9844
	0.9829
	0.9812
	0.9792
	0.9772
	0.9750
	0.9724
	0.9696

	 
	51
	0.9932
	0.9926
	0.9920
	0.9912
	0.9906
	0.9897
	0.9887
	0.9877
	0.9864
	0.9851
	0.9837
	0.9821
	0.9803
	0.9783
	0.9761
	0.9737
	0.9710

	 
	52
	0.9935
	0.9930
	0.9924
	0.9917
	0.9910
	0.9902
	0.9892
	0.9883
	0.9870
	0.9859
	0.9845
	0.9829
	0.9812
	0.9793
	0.9773
	0.9749
	0.9723

	 
	53
	0.9938
	0.9933
	0.9927
	0.9921
	0.9914
	0.9907
	0.9898
	0.9889
	0.9877
	0.9865
	0.9852
	0.9838
	0.9821
	0.9803
	0.9784
	0.9761
	0.9737

	 
	54
	0.9941
	0.9936
	0.9931
	0.9925
	0.9919
	0.9911
	0.9903
	0.9894
	0.9883
	0.9873
	0.9860
	0.9846
	0.9830
	0.9813
	0.9794
	0.9773
	0.9749

	 
	55
	0.9944
	0.9939
	0.9935
	0.9929
	0.9923
	0.9916
	0.9907
	0.9900
	0.9890
	0.9880
	0.9867
	0.9854
	0.9839
	0.9823
	0.9805
	0.9784
	0.9762




TABLE J
Conversion from Single Life to
100% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	 
	56
	0.9947
	0.9943
	0.9938
	0.9932
	0.9927
	0.9920
	0.9912
	0.9905
	0.9895
	0.9886
	0.9875
	0.9861
	0.9847
	0.9833
	0.9815
	0.9796
	0.9774

	 
	57
	0.9950
	0.9946
	0.9941
	0.9936
	0.9931
	0.9925
	0.9918
	0.9910
	0.9901
	0.9892
	0.9881
	0.9869
	0.9856
	0.9842
	0.9825
	0.9807
	0.9787

	 
	58
	0.9953
	0.9949
	0.9944
	0.9940
	0.9935
	0.9929
	0.9922
	0.9915
	0.9907
	0.9898
	0.9888
	0.9876
	0.9864
	0.9851
	0.9835
	0.9817
	0.9798

	A
	59
	0.9955
	0.9952
	0.9947
	0.9943
	0.9939
	0.9933
	0.9927
	0.9920
	0.9912
	0.9904
	0.9894
	0.9884
	0.9872
	0.9859
	0.9845
	0.9828
	0.9810

	G
	60
	0.9958
	0.9954
	0.9950
	0.9946
	0.9943
	0.9937
	0.9931
	0.9925
	0.9917
	0.9909
	0.9901
	0.9891
	0.9880
	0.9867
	0.9854
	0.9838
	0.9821

	E
	61
	0.9960
	0.9957
	0.9953
	0.9949
	0.9946
	0.9941
	0.9935
	0.9929
	0.9922
	0.9915
	0.9907
	0.9897
	0.9886
	0.9875
	0.9863
	0.9848
	0.9832

	 
	62
	0.9962
	0.9959
	0.9956
	0.9952
	0.9949
	0.9945
	0.9939
	0.9934
	0.9927
	0.9921
	0.9913
	0.9903
	0.9894
	0.9883
	0.9871
	0.9857
	0.9842

	 
	63
	0.9964
	0.9962
	0.9959
	0.9955
	0.9952
	0.9948
	0.9943
	0.9938
	0.9931
	0.9926
	0.9918
	0.9909
	0.9901
	0.9891
	0.9879
	0.9867
	0.9852

	O
	64
	0.9967
	0.9964
	0.9961
	0.9958
	0.9955
	0.9951
	0.9947
	0.9942
	0.9936
	0.9930
	0.9923
	0.9916
	0.9907
	0.9898
	0.9887
	0.9875
	0.9861

	F
	65
	0.9969
	0.9967
	0.9964
	0.9961
	0.9958
	0.9954
	0.9950
	0.9946
	0.9940
	0.9935
	0.9929
	0.9922
	0.9914
	0.9905
	0.9895
	0.9883
	0.9870

	 
	66
	0.9971
	0.9969
	0.9967
	0.9963
	0.9961
	0.9958
	0.9953
	0.9950
	0.9944
	0.9939
	0.9934
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892
	0.9880

	 
	67
	0.9973
	0.9971
	0.9969
	0.9966
	0.9964
	0.9960
	0.9956
	0.9953
	0.9948
	0.9944
	0.9938
	0.9932
	0.9925
	0.9918
	0.9909
	0.9899
	0.9888

	B
	68
	0.9975
	0.9973
	0.9971
	0.9968
	0.9966
	0.9963
	0.9959
	0.9956
	0.9952
	0.9948
	0.9943
	0.9937
	0.9930
	0.9924
	0.9916
	0.9906
	0.9896

	E
	69
	0.9976
	0.9975
	0.9972
	0.9970
	0.9969
	0.9966
	0.9962
	0.9960
	0.9955
	0.9952
	0.9947
	0.9941
	0.9936
	0.9929
	0.9922
	0.9913
	0.9903

	N
	70
	0.9978
	0.9976
	0.9975
	0.9972
	0.9971
	0.9969
	0.9965
	0.9963
	0.9958
	0.9955
	0.9951
	0.9946
	0.9940
	0.9935
	0.9927
	0.9920
	0.9910

	E
	71
	0.9979
	0.9978
	0.9976
	0.9975
	0.9973
	0.9971
	0.9968
	0.9965
	0.9962
	0.9959
	0.9955
	0.9950
	0.9945
	0.9940
	0.9934
	0.9926
	0.9917

	F
	72
	0.9981
	0.9980
	0.9978
	0.9977
	0.9975
	0.9973
	0.9971
	0.9968
	0.9965
	0.9962
	0.9958
	0.9954
	0.9949
	0.9945
	0.9939
	0.9932
	0.9924

	I
	73
	0.9982
	0.9981
	0.9980
	0.9978
	0.9978
	0.9975
	0.9973
	0.9971
	0.9967
	0.9965
	0.9962
	0.9958
	0.9954
	0.9949
	0.9944
	0.9937
	0.9931

	C
	74
	0.9984
	0.9983
	0.9981
	0.9980
	0.9979
	0.9977
	0.9975
	0.9974
	0.9970
	0.9968
	0.9965
	0.9961
	0.9958
	0.9953
	0.9948
	0.9942
	0.9936

	I
	75
	0.9985
	0.9984
	0.9983
	0.9981
	0.9981
	0.9979
	0.9977
	0.9976
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9958
	0.9953
	0.9947
	0.9941

	A
	76
	0.9986
	0.9985
	0.9984
	0.9983
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952
	0.9946

	R
	77
	0.9987
	0.9987
	0.9986
	0.9984
	0.9984
	0.9983
	0.9980
	0.9980
	0.9977
	0.9976
	0.9973
	0.9970
	0.9968
	0.9965
	0.9960
	0.9956
	0.9951

	Y
	78
	0.9988
	0.9987
	0.9987
	0.9986
	0.9985
	0.9984
	0.9983
	0.9981
	0.9979
	0.9978
	0.9976
	0.9973
	0.9971
	0.9968
	0.9964
	0.9960
	0.9955

	 
	79
	0.9990
	0.9989
	0.9988
	0.9987
	0.9987
	0.9986
	0.9984
	0.9983
	0.9981
	0.9980
	0.9978
	0.9975
	0.9973
	0.9971
	0.9967
	0.9963
	0.9959

	 
	80
	0.9990
	0.9990
	0.9989
	0.9988
	0.9988
	0.9987
	0.9985
	0.9985
	0.9983
	0.9982
	0.9980
	0.9978
	0.9975
	0.9974
	0.9971
	0.9967
	0.9963

	 
	81
	0.9991
	0.9990
	0.9990
	0.9989
	0.9989
	0.9988
	0.9986
	0.9986
	0.9984
	0.9983
	0.9982
	0.9980
	0.9978
	0.9976
	0.9974
	0.9970
	0.9966

	 
	82
	0.9992
	0.9991
	0.9991
	0.9990
	0.9990
	0.9989
	0.9988
	0.9987
	0.9986
	0.9985
	0.9983
	0.9982
	0.9980
	0.9978
	0.9976
	0.9973
	0.9969

	 
	83
	0.9993
	0.9992
	0.9992
	0.9991
	0.9991
	0.9990
	0.9989
	0.9989
	0.9987
	0.9986
	0.9985
	0.9983
	0.9982
	0.9980
	0.9978
	0.9976
	0.9973

	 
	84
	0.9993
	0.9993
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9975

	 
	85
	0.9994
	0.9993
	0.9993
	0.9993
	0.9993
	0.9992
	0.9991
	0.9991
	0.9989
	0.9989
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9980
	0.9978








TABLE J
Conversion from Single Life to
100% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	A
GE
 


O
F


B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9314
	0.9261
	0.9205
	0.9145
	0.9083
	0.9017
	0.8947
	0.8874
	0.8797
	0.8717
	0.8632
	0.8543
	0.8449
	0.8351
	0.8247
	0.8138
	0.8024

	26
	0.9324
	0.9271
	0.9216
	0.9156
	0.9094
	0.9029
	0.8959
	0.8886
	0.8810
	0.8729
	0.8645
	0.8557
	0.8462
	0.8364
	0.8260
	0.8151
	0.8037

	27
	0.9335
	0.9283
	0.9227
	0.9168
	0.9106
	0.9041
	0.8972
	0.8899
	0.8823
	0.8743
	0.8659
	0.8570
	0.8476
	0.8378
	0.8274
	0.8165
	0.8051

	28
	0.9347
	0.9295
	0.9240
	0.9181
	0.9119
	0.9054
	0.8985
	0.8912
	0.8836
	0.8756
	0.8673
	0.8584
	0.8490
	0.8392
	0.8288
	0.8180
	0.8065

	29
	0.9359
	0.9307
	0.9252
	0.9194
	0.9133
	0.9068
	0.8999
	0.8927
	0.8851
	0.8771
	0.8688
	0.8599
	0.8506
	0.8408
	0.8304
	0.8195
	0.8081

	30
	0.9370
	0.9320
	0.9265
	0.9207
	0.9146
	0.9082
	0.9014
	0.8942
	0.8866
	0.8786
	0.8703
	0.8615
	0.8521
	0.8424
	0.8320
	0.8212
	0.8097

	31
	0.9383
	0.9333
	0.9279
	0.9221
	0.9160
	0.9097
	0.9028
	0.8957
	0.8882
	0.8803
	0.8719
	0.8632
	0.8539
	0.8441
	0.8337
	0.8230
	0.8115

	32
	0.9396
	0.9346
	0.9293
	0.9236
	0.9175
	0.9112
	0.9044
	0.8974
	0.8898
	0.8820
	0.8737
	0.8649
	0.8556
	0.8459
	0.8356
	0.8247
	0.9133

	33
	0.9409
	0.9360
	0.9307
	0.9250
	0.9191
	0.9128
	0.9061
	0.8990
	0.8916
	0.8837
	0.8755
	0.8668
	0.8574
	0.8478
	0.8374
	0.8267
	0.8153

	34
	0.9423
	0.9374
	0.9322
	0.9266
	0.9207
	0.9144
	0.9078
	0.9008
	0.8934
	0.8856
	0.8774
	0.8686
	0.8594
	0.8498
	0.8395
	0.8287
	0.8173

	35
	0.9438
	0.9389
	0.9337
	0.9282
	0.9224
	0.9161
	0.9095
	0.9026
	0.8953
	0.8875
	0.8793
	0.8707
	0.8615
	0.8518
	0.8416
	0.8309
	.08195

	36
	0.9452
	0.9404
	0.9353
	0.9298
	0.9241
	0.9179
	0.9114
	0.9045
	0.8972
	0.8895
	0.8813
	0.8728
	0.8636
	0.8540
	0.8438
	0.8331
	0.8217

	37
	0.9466
	0.9419
	0.9369
	0.9315
	0.9258
	0.9197
	0.9132
	0.9064
	0.8992
	0.8916
	0.8835
	0.8750
	0.8658
	0.8563
	0.8461
	0.8354
	0.8241

	38
	0.9481
	0.9435
	0.9385
	0.9332
	0.9276
	0.9216
	0.9152
	0.9084
	0.9013
	0.8937
	0.8857
	0.8772
	0.8681
	0.8586
	0.8485
	0.8379
	0.8266

	39
	0.9496
	0.9451
	0.9402
	0.9350
	0.9294
	0.9235
	0.9172
	0.9106
	0.9035
	0.8959
	0.8880
	0.8796
	0.8706
	0.8611
	0.8511
	0.8404
	0.8292

	39
	0.9496
	0.9451
	0.9402
	0.9350
	0.9294
	0.9235
	0.9172
	0.9106
	0.9035
	0.8959
	0.8880
	0.8796
	0.8706
	0.8611
	0.8511
	0.8404
	0.8292

	40
	0.9511
	0.9467
	0.9419
	0.9367
	0.9313
	0.9255
	0.9193
	0.9127
	0.9057
	0.8982
	0.8904
	0.8820
	0.8731
	0.8637
	0.8537
	0.8431
	0.8319

	41
	0.9527
	0.9483
	0.9437
	0.9386
	0.9333
	0.9275
	0.9214
	0.9148
	0.9079
	0.9006
	0.8929
	0.8846
	0.8757
	0.8664
	0.8564
	0.8460
	0.8348

	42
	0.9542
	0.9500
	0.9454
	0.9404
	0.9352
	0.9296
	0.9235
	0.9171
	0.9103
	0.9030
	0.8954
	0.8872
	0.8784
	0.8692
	0.8593
	0.8489
	0.8378

	43
	0.9558
	0.9516
	0.9472
	0.9423
	0.9372
	0.9316
	0.9257
	0.9195
	0.9127
	0.9055
	0.8980
	0.8899
	0.8812
	0.8721
	0.8622
	0.8520
	0.8409

	44
	0.9574
	0.9533
	0.9490
	0.9442
	0.9392
	0.9338
	0.9280
	0.9218
	0.9152
	0.9081
	0.9007
	0.8927
	0.8841
	0.8751
	0.8653
	0.8551
	0.8442

	45
	0.9589
	0.9550
	0.9508
	0.9461
	0.9412
	0.9359
	0.9302
	0.9241
	0.9177
	0.9108
	0.9034
	0.8956
	0.8871
	0.8781
	0.8685
	0.8583
	0.8475

	46
	0.9605
	0.9566
	0.9526
	0.9480
	0.9433
	0.9381
	0.9325
	0.9266
	0.9202
	0.9135
	0.9062
	0.8985
	0.8901
	0.8813
	0.8718
	0.8617
	0.8509

	47
	0.9621
	0.9583
	0.9543
	0.9499
	0.9453
	0.9402
	0.9348
	0.9290
	0.9228
	0.9162
	0.9090
	0.9014
	0.8932
	0.8845
	0.8751
	0.8652
	0.8546

	48
	0.9636
	0.9600
	0.9561
	0.9518
	0.9473
	0.9424
	0.9372
	0.9315
	0.9254
	0.9189
	0.9120
	0.9045
	0.8964
	0.8878
	0.8786
	0.8688
	0.8582

	49
	0.9651
	0.9617
	0.9579
	0.9537
	0.9494
	0.9446
	0.9395
	0.9340
	0.9280
	0.9217
	0.9149
	0.9076
	0.8996
	0.8912
	0.8821
	0.8724
	0.8620

	50
	0.9666
	0.9633
	0.9597
	0.9556
	0.9514
	0.9468
	0.9418
	0.9364
	0.9307
	0.9245
	0.9178
	0.9107
	0.9029
	0.8947
	0.8857
	0.8762
	0.8660

	51
	0.9681
	0.9649
	0.9614
	0.9576
	0.9535
	0.9490
	0.9441
	0.9389
	0.9333
	0.9273
	0.9209
	0.9138
	0.9063
	0.8982
	0.8893
	0.8800
	0.8699

	52
	0.9696
	0.9665
	0.9631
	0.9594
	0.9555
	0.9511
	0.9465
	0.9414
	0.9360
	0.9302
	0.9238
	0.9170
	0.9097
	0.9017
	0.8931
	0.8839
	0.8740

	53
	0.9710
	0.9680
	0.9648
	0.9613
	0.9575
	0.9533
	0.9487
	0.9439
	0.9386
	0.9330
	0.9269
	0.9202
	0.9130
	0.9053
	0.8969
	0.8879
	0.8782

	54
	0.9724
	0.9696
	0.9665
	0.9631
	0.9594
	0.9554
	0.9511
	0.9464
	0.9413
	0.9358
	0.9300
	0.9235
	0.9164
	0.9090
	0.9008
	0.8920
	0.8824

	55
	0.9738
	0.9711
	0.9681
	0.9648
	0.9614
	0.9575
	0.9533
	0.9489
	0.9440
	0.9387
	0.9329
	0.9267
	0.9199
	0.9126
	0.9046
	0.8960
	0.8867




TABLE J


Conversion from Single Life to
100% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1





	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9752
	0.9725
	0.9697
	0.9666
	0.9632
	0.9596
	0.9556
	0.9513
	0.9465
	0.9414
	0.9360
	0.9300
	0.9234
	0.9163
	0.9086
	0.9001
	0.8911

	57
	0.9765
	0.9740
	0.9713
	0.9683
	0.9651
	0.9616
	0.9578
	0.9537
	0.9492
	0.9442
	0.9390
	0.9332
	0.9268
	0.9200
	0.9124
	0.9044
	0.8955

	58
	0.9777
	0.9754
	0.9729
	0.9700
	0.9670
	0.9637
	0.9599
	0.9560
	0.9517
	0.9470
	0.9419
	0.9364
	0.9302
	0.9237
	0.9164
	0.9086
	0.9000

	59
	0.9790
	0.9768
	0.9743
	0.9717
	0.9688
	0.9656
	0.9621
	0.9583
	0.9543
	0.9498
	0.9449
	0.9396
	0.9337
	0.9273
	0.9203
	0.9128
	0.9044

	60
	0.9802
	0.9781
	0.9759
	0.9733
	0.9705
	0.9675
	0.9642
	0.9606
	0.9567
	0.9525
	0.9478
	0.9427
	0.9371
	0.9310
	0.9242
	0.9170
	0.9089

	61
	0.9814
	0.9794
	0.9772
	0.9748
	0.9722
	0.9694
	0.9662
	0.9628
	0.9591
	0.9551
	0.9507
	0.9458
	0.9404
	0.9346
	0.9281
	0.9211
	0.9134

	62
	0.9825
	0.9807
	0.9786
	0.9763
	0.9739
	0.9712
	0.9682
	0.9650
	0.9615
	0.9576
	0.9535
	0.9489
	0.9437
	0.9382
	0.9320
	0.9252
	0.9178

	63
	0.9837
	0.9819
	0.9799
	0.9778
	0.9755
	0.9729
	0.9702
	0.9671
	0.9638
	0.9601
	0.9562
	0.9518
	0.9470
	0.9417
	0.9358
	0.9294
	0.9222

	64
	0.9847
	0.9830
	0.9812
	0.9792
	0.9771
	0.9746
	0.9720
	0.9691
	0.9660
	0.9626
	0.9589
	0.9547
	0.9501
	0.9451
	0.9395
	0.9334
	0.9265

	65
	0.9857
	0.9842
	0.9825
	0.9806
	0.9786
	0.9763
	0.9738
	0.9711
	0.9681
	0.9649
	0.9615
	0.9576
	0.9532
	0.9484
	0.9431
	0.9373
	0.9308

	66
	0.9867
	0.9853
	0.9836
	0.9818
	0.9800
	0.9778
	0.9755
	0.9730
	0.9703
	0.9672
	0.9639
	0.9603
	0.9562
	0.9517
	0.9467
	0.9411
	0.9350

	67
	0.9876
	0.9863
	0.9848
	0.9830
	0.9814
	0.9793
	0.9772
	0.9749
	0.9723
	0.9694
	0.9663
	0.9629
	0.9590
	0.9548
	0.9501
	0.9448
	0.9390

	68
	0.9885
	0.9872
	0.9859
	0.9843
	0.9826
	0.9808
	0.9788
	0.9766
	0.9742
	0.9715
	0.9687
	0.9654
	0.9618
	0.9578
	0.9534
	0.9485
	0.9430

	69
	0.9894
	0.9881
	0.9869
	0.9854
	0.9839
	0.9822
	0.9803
	0.9783
	0.9760
	0.9735
	0.9708
	0.9678
	0.9645
	0.9608
	0.9566
	0.9520
	0.9468

	70
	0.9901
	0.9891
	0.9878
	0.9865
	0.9850
	0.9835
	0.9817
	0.9798
	0.9778
	0.9755
	0.9729
	0.9702
	0.9670
	0.9636
	0.9596
	0.9554
	0.9505

	71
	0.9909
	0.9899
	0.9888
	0.9875
	0.9862
	0.9847
	0.9831
	0.9813
	0.9794
	0.9773
	0.9750
	0.9724
	0.9695
	0.9663
	0.9626
	0.9586
	0.9541

	72
	0.9916
	0.9907
	0.9896
	0.9884
	0.9873
	0.9859
	0.9843
	0.9828
	0.9810
	0.9790
	0.9769
	0.9745
	0.9718
	0.9689
	0.9654
	0.9617
	0.9574

	73
	0.9923
	0.9914
	0.9905
	0.9894
	0.9883
	0.9870
	0.9856
	0.9841
	0.9824
	0.9806
	0.9787
	0.9765
	0.9739
	0.9713
	0.9680
	0.9647
	0.9607

	74
	0.9929
	0.9921
	0.9913
	0.9902
	0.9892
	0.9880
	0.9867
	0.9853
	0.9838
	0.9822
	0.9804
	0.9783
	0.9760
	0.9735
	0.9706
	0.9675
	0.9637

	75
	0.9936
	0.9928
	0.9920
	0.9911
	0.9901
	0.9890
	0.9879
	0.9865
	0.9852
	0.9837
	0.9820
	0.9802
	0.9780
	0.9757
	0.9730
	0.9700
	0.9666

	76
	0.9941
	0.9934
	0.9927
	0.9918
	0.9909
	0.9900
	0.9888
	0.9877
	0.9864
	0.9850
	0.9835
	0.9818
	0.9798
	0.9777
	0.9752
	0.9725
	0.9694

	77
	0.9946
	0.9940
	0.9933
	0.9925
	0.9917
	0.9908
	0.9898
	0.9887
	0.9876
	0.9863
	0.9849
	0.9833
	0.9815
	0.9796
	0.9773
	0.9748
	0.9720

	78
	0.9951
	0.9945
	0.9939
	0.9931
	0.9924
	0.9916
	0.9907
	0.9897
	0.9886
	0.9874
	0.9862
	0.9848
	0.9831
	0.9814
	0.9793
	0.9770
	0.9744

	79
	0.9955
	0.9950
	0.9944
	0.9938
	0.9931
	0.9924
	0.9915
	0.9906
	0.9896
	0.9885
	0.9874
	0.9861
	0.9846
	0.9830
	0.9811
	0.9791
	0.9767

	80
	0.9959
	0.9955
	0.9949
	0.9943
	0.9937
	0.9930
	0.9922
	0.9914
	0.9905
	0.9896
	0.9885
	0.9874
	0.9859
	0.9846
	0.9828
	0.9809
	0.9787

	81
	0.9963
	0.9959
	0.9954
	0.9948
	0.9943
	0.9937
	0.9930
	0.9922
	0.9913
	0.9905
	0.9896
	0.9885
	0.9872
	0.9859
	0.9844
	0.9827
	0.9806

	82
	0.9967
	0.9963
	0.9959
	0.9953
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922
	0.9913
	0.9905
	0.9896
	0.9884
	0.9872
	0.9858
	0.9842
	0.9824

	83
	0.9970
	0.9966
	0.9963
	0.9957
	0.9953
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922
	0.9914
	0.9906
	0.9894
	0.9884
	0.9871
	0.9857
	0.9841

	84
	0.9973
	0.9970
	0.9966
	0.9961
	0.9958
	0.9953
	0.9947
	0.9942
	0.9936
	0.9929
	0.9922
	0.9914
	0.9905
	0.9895
	0.9883
	0.9871
	0.9855

	85
	0.9976
	0.9972
	0.9970
	0.9965
	0.9962
	0.9958
	0.9952
	0.9947
	0.9942
	0.9936
	0.9929
	0.9923
	0.9914
	0.9905
	0.9894
	0.9883
	0.9870




TABLE J
Conversion from Single Life to
100% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 
Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.7903
	0.7777
	0.7644
	0.7507
	0.7363
	0.7214
	0.7061
	0.6902
	0.6740
	0.6573
	0.6402
	0.6229
	0.6052
	0.5873
	0.5691
	0.5507
	0.5323

	26
	0.7916
	0.7789
	0.7657
	0.7520
	0.7376
	0.7227
	0.7074
	0.6915
	0.6752
	0.6584
	0.6414
	0.6240
	0.6064
	0.5884
	0.5702
	0.5518
	0.5333

	27
	0.7930
	0.7803
	0.7671
	0.7534
	0.7390
	0.7241
	0.7087
	0.6928
	0.6765
	0.6598
	0.6427
	0.6253
	0.6076
	0.5896
	0.5714
	0.5529
	0.5344

	28
	0.7944
	0.7818
	0.7686
	0.7548
	0.7404
	0.7255
	0.7102
	0.6942
	0.6779
	0.6611
	0.6440
	0.6266
	0.6089
	0.5909
	0.5726
	0.5541
	0.5356

	29
	0.7960
	0.7834
	0.7701
	0.7564
	0.7420
	0.7270
	0.7116
	0.6957
	0.6794
	0.6626
	0.6454
	0.6280
	0.6103
	0.5922
	0.5739
	0.5554
	0.5368

	30
	0.7976
	0.7851
	0.7718
	0.7580
	0.7437
	0.7287
	0.7132
	0.6973
	0.6809
	0.6641
	0.6470
	0.6295
	0.6117
	0.5936
	0.5753
	0.5567
	0.5381

	31
	0.7994
	0.7868
	0.7736
	0.7598
	0.7454
	0.7304
	0.7150
	0.6990
	0.6826
	0.6658
	0.6486
	0.6311
	0.6133
	0.5952
	0.5768
	0.5582
	0.5396

	32
	0.8013
	0.7887
	0.7754
	0.7616
	0.7472
	0.7322
	0.7168
	0.7008
	0.6844
	0.6675
	0.6504
	0.6328
	0.6150
	0.5968
	0.5784
	0.5598
	0.5411

	33
	0.8032
	0.7906
	0.7774
	0.7636
	0.7492
	0.7342
	0.7187
	0.7027
	0.6863
	0.6694
	0.6522
	0.6346
	0.6168
	0.5986
	0.5801
	0.5614
	0.5427

	34
	0.8053
	0.7926
	0.7795
	0.7657
	0.7512
	0.7362
	0.7208
	0.7047
	0.6883
	0.6714
	0.6542
	0.6365
	0.6186
	0.6004
	0.5819
	0.5632
	0.5444

	35
	0.8074
	0.7949
	0.7816
	0.7679
	0.7534
	0.7384
	0.7229
	0.7069
	0.6904
	0.6735
	0.6562
	0.6386
	0.6207
	0.6024
	0.5839
	0.5651
	0.5463

	36
	0.8097
	0.7972
	0.7840
	0.7701
	0.7557
	0.7407
	0.7253
	0.7092
	0.6927
	0.6757
	0.6584
	0.6408
	0.6228
	0.6045
	0.5859
	0.5670
	0.5482

	37
	0.8121
	0.7996
	0.7863
	0.7726
	0.7582
	0.7431
	0.7277
	0.7116
	0.6951
	0.6781
	0.6608
	0.6431
	0.6250
	0.6067
	0.5881
	0.5692
	0.5503

	38
	0.8146
	0.8021
	0.7889
	0.7752
	0.7607
	0.7458
	0.7303
	0.7142
	0.6977
	0.6806
	0.6633
	0.6455
	0.6275
	0.6091
	0.5904
	0.5715
	0.5525

	39
	0.8173
	0.8048
	0.7917
	0.7779
	0.7635
	0.7485
	0.7330
	0.7169
	0.7003
	0.6833
	0.6659
	0.6481
	0.6301
	0.6116
	0.5929
	0.5739
	0.5549

	40
	0.8201
	0.8076
	0.7945
	0.7808
	0.7664
	0.7514
	0.7358
	0.7198
	0.7032
	0.6861
	0.6687
	0.6509
	0.6328
	0.6143
	0.5955
	0.5765
	0.5574

	41
	0.8230
	0.8106
	0.7975
	0.7838
	0.7694
	0.7544
	0.7389
	0.7228
	0.7062
	0.6891
	0.6717
	0.6538
	0.6357
	0.6172
	0.5983
	0.5792
	0.5601

	42
	0.8260
	0.8137
	0.8006
	0.7869
	0.7726
	0.7576
	0.7421
	0.7259
	0.7094
	0.6923
	0.6748
	0.6570
	0.6388
	0.6202
	0.6013
	0.5821
	0.5629

	43
	0.8292
	0.8169
	0.8039
	0.7902
	0.7759
	0.7609
	0.7455
	0.7294
	0.7128
	0.6956
	0.6781
	0.6603
	0.6420
	0.6234
	0.6044
	0.5852
	0.5660

	44
	0.8325
	0.8203
	0.8073
	0.7937
	0.7794
	0.7645
	0.7490
	0.7329
	0.7163
	0.6992
	0.6816
	0.6637
	0.6454
	0.6267
	0.6078
	0.5885
	0.5692

	45
	0.8359
	0.8237
	0.8108
	0.7973
	0.7830
	0.7681
	0.7527
	0.7366
	0.7200
	0.7029
	0.6853
	0.6674
	0.6491
	0.6303
	0.6113
	0.5919
	0.5726

	46
	0.8395
	0.8274
	0.8145
	0.8011
	0.7869
	0.7720
	0.7566
	0.7405
	0.7239
	0.7068
	0.6892
	0.6713
	0.6529
	0.6341
	0.6151
	0.5956
	0.5762

	47
	0.8432
	0.8312
	0.8184
	0.8050
	0.7908
	0.7760
	0.7606
	0.7446
	0.7280
	0.7109
	0.6933
	0.6754
	0.6569
	0.6381
	0.6190
	0.5995
	0.5799

	48
	0.8469
	0.8351
	0.8224
	0.8091
	0.7950
	0.7803
	0.7649
	0.7489
	0.7324
	0.7152
	0.6976
	0.6796
	0.6612
	0.6423
	0.6232
	0.6036
	0.5840

	49
	0.8509
	0.8391
	0.8265
	0.8133
	0.7993
	0.7846
	0.7693
	0.7534
	0.7369
	0.7197
	0.7022
	0.6841
	0.6657
	0.6468
	0.6275
	0.6079
	0.5882

	50
	0.8549
	0.8433
	0.8308
	0.8177
	0.8038
	0.7892
	0.7739
	0.7580
	0.7416
	0.7244
	0.7069
	0.6889
	0.6704
	0.6515
	0.6321
	0.6125
	0.5927

	51
	0.8591
	0.8475
	0.8352
	0.8222
	0.8084
	0.7939
	0.7787
	0.7629
	0.7465
	0.7294
	0.7118
	0.6938
	0.6754
	0.6564
	0.6370
	0.6173
	0.5975

	52
	0.8633
	0.8519
	0.8398
	0.8269
	0.8132
	0.7988
	0.7838
	0.7680
	0.7516
	0.7346
	0.7171
	0.6990
	0.6805
	0.6616
	0.6422
	0.6224
	0.6025

	53
	0.8677
	0.8565
	0.8444
	0.8317
	0.8182
	0.8039
	0.7890
	0.7733
	0.7570
	0.7400
	0.7225
	0.7045
	0.6860
	0.6670
	0.6476
	0.6278
	0.6078

	54
	0.8721
	0.8611
	0.8492
	0.8367
	0.8233
	0.8092
	0.7944
	0.7788
	0.7626
	0.7457
	0.7282
	0.7103
	0.6918
	0.6728
	0.6533
	0.6334
	0.6134

	55
	0.8766
	0.8658
	0.8542
	0.8418
	0.8286
	0.8146
	0.7999
	0.7845
	0.7684
	0.7515
	0.7342
	0.7163
	0.6978
	0.6789
	0.6594
	0.6395
	0.6194








TABLE J
Conversion from Single Life to
100% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 
Age of Pensioner






Exhibit  10.1.1



	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	

A
G
E


O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.8812
	0.8706
	0.8592
	0.8470
	0.8340
	0.8202
	0.8057
	0.7904
	0.7744
	0.7577
	0.7404
	0.7226
	0.7042
	0.6852
	0.6657
	0.6457
	0.6256

	57
	0.8859
	0.8755
	0.8643
	0.8524
	0.8396
	0.8260
	0.8117
	0.7965
	0.7807
	0.7641
	0.7469
	0.7292
	0.7108
	0.6919
	0.6724
	0.6524
	0.6322

	58
	0.8905
	0.8804
	0.8696
	0.8578
	0.8453
	0.8319
	0.8178
	0.8028
	0.7872
	0.7708
	0.7537
	0.7360
	0.7177
	0.6988
	0.6794
	0.6594
	0.6392

	59
	0.8953
	0.8855
	0.8748
	0.8634
	0.8510
	0.8380
	0.8241
	0.8093
	0.7938
	0.7776
	0.7607
	0.7432
	0.7250
	0.7061
	0.6867
	0.6668
	0.6466

	60
	0.9001
	0.8905
	0.8802
	0.8690
	0.8570
	0.8441
	0.8305
	0.8160
	0.8008
	0.7847
	0.7680
	0.7505
	0.7325
	0.7138
	0.6944
	0.6745
	0.6543

	61
	0.9048
	0.8956
	0.8855
	0.8747
	0.8629
	0.8504
	0.8371
	0.8228
	0.8078
	0.7919
	0.7754
	0.7582
	0.7403
	0.7216
	0.7024
	0.6825
	0.6624

	62
	0.9096
	0.9007
	0.8909
	0.8804
	0.8690
	0.8567
	0.8437
	0.8297
	0.8150
	0.7994
	0.7831
	0.7661
	0.7484
	0.7299
	0.7107
	0.6910
	0.6708

	63
	0.9143
	0.9057
	0.8963
	0.8861
	0.8750
	0.8632
	0.8504
	0.8367
	0.8224
	0.8071
	0.7910
	0.7742
	0.7567
	0.7383
	0.7194
	0.6997
	0.6796

	64
	0.9190
	0.9108
	0.9017
	0.8918
	0.8812
	0.8696
	0.8572
	0.8439
	0.8298
	0.8148
	0.7991
	0.7825
	0.7652
	0.7471
	0.7283
	0.7087
	0.6888

	65
	0.9236
	0.9157
	0.9070
	0.8975
	0.8872
	0.8760
	0.8640
	0.8511
	0.8374
	0.8227
	0.8073
	0.7911
	0.7740
	0.7561
	0.7375
	0.7181
	0.6983

	66
	0.9281
	0.9206
	0.9122
	0.9032
	0.8932
	0.8824
	0.8708
	0.8583
	0.8449
	0.8307
	0.8155
	0.7997
	0.7829
	0.7653
	0.7470
	0.7277
	0.7081

	67
	0.9325
	0.9254
	0.9174
	0.9087
	0.8992
	0.8888
	0.8776
	0.8655
	0.8525
	0.8386
	0.8239
	0.8084
	0.7920
	0.7747
	0.7566
	0.7376
	0.7182

	68
	0.9368
	0.9300
	0.9224
	0.9142
	0.9051
	0.8951
	0.8843
	0.8727
	0.8601
	0.8466
	0.8324
	0.8172
	0.8012
	0.7842
	0.7664
	0.7478
	0.7285

	69
	0.9409
	0.9346
	0.9274
	0.9195
	0.9108
	0.9013
	0.8910
	0.8797
	0.8677
	0.8546
	0.8408
	0.8260
	0.8104
	0.7938
	0.7764
	0.7580
	0.7390

	70
	0.9450
	0.9389
	0.9322
	0.9247
	0.9164
	0.9073
	0.8976
	0.8867
	0.8751
	0.8625
	0.8491
	0.8349
	0.8197
	0.8036
	0.7865
	0.7684
	0.7498

	71
	0.9489
	0.9432
	0.9368
	0.9298
	0.9220
	0.9133
	0.9039
	0.8936
	0.8825
	0.8704
	0.8575
	0.8437
	0.8290
	0.8132
	0.7966
	0.7790
	0.7607

	72
	0.9526
	0.9473
	0.9413
	0.9347
	0.9272
	0.9191
	0.9102
	0.9004
	0.8897
	0.8782
	0.8658
	0.8525
	0.8382
	0.8231
	0.8069
	0.7896
	0.7717

	73
	0.9562
	0.9512
	0.9456
	0.9394
	0.9324
	0.9247
	0.9162
	0.9069
	0.8969
	0.8858
	0.8739
	0.8612
	0.8474
	0.8328
	0.8170
	0.8003
	0.7829

	74
	0.9595
	0.9549
	0.9497
	0.9439
	0.9374
	0.9301
	0.9222
	0.9133
	0.9037
	0.8932
	0.8819
	0.8697
	0.8565
	0.8423
	0.8271
	0.8110
	0.7940

	75
	0.9628
	0.9585
	0.9536
	0.9482
	0.9421
	0.9352
	0.9278
	0.9195
	0.9104
	0.9004
	0.8897
	0.8780
	0.8654
	0.8519
	0.8373
	0.8216
	0.8051

	76
	0.9658
	0.9618
	0.9573
	0.9523
	0.9466
	0.9402
	0.9332
	0.9254
	0.9169
	0.9074
	0.8973
	0.8862
	0.8742
	0.8611
	0.8471
	0.8320
	0.8161

	77
	0.9687
	0.9650
	0.9608
	0.9561
	0.9508
	0.9450
	0.9384
	0.9311
	0.9230
	0.9142
	0.9045
	0.8940
	0.8826
	0.8702
	0.8568
	0.8423
	0.8269

	78
	0.9713
	0.9680
	0.9641
	0.9598
	0.9548
	0.9494
	0.9433
	0.9364
	0.9290
	0.9206
	0.9115
	0.9016
	0.8908
	0.8790
	0.8662
	0.8523
	0.8376

	79
	0.9738
	0.9708
	0.9672
	0.9632
	0.9586
	0.9536
	0.9479
	0.9415
	0.9345
	0.9267
	0.9182
	0.9088
	0.8986
	0.8875
	0.8753
	0.8620
	0.8480

	80
	0.9761
	0.9733
	0.9700
	0.9664
	0.9622
	0.9575
	0.9522
	0.9463
	0.9398
	0.9325
	0.9246
	0.9158
	0.9062
	0.8956
	0.8841
	0.8715
	0.8580

	81
	0.9783
	0.9757
	0.9728
	0.9694
	0.9655
	0.9612
	0.9563
	0.9509
	0.9448
	0.9380
	0.9306
	0.9223
	0.9133
	0.9034
	0.8925
	0.8806
	0.8678

	82
	0.9803
	0.9779
	0.9752
	0.9722
	0.9686
	0.9646
	0.9602
	0.9551
	0.9494
	0.9432
	0.9362
	0.9286
	0.9201
	0.9108
	0.9006
	0.8893
	0.8771

	83
	0.9821
	0.9800
	0.9775
	0.9747
	0.9715
	0.9678
	0.9637
	0.9590
	0.9538
	0.9480
	0.9416
	0.9345
	0.9266
	0.9179
	0.9083
	0.8976
	0.8863

	84
	0.9839
	0.9819
	0.9796
	0.9770
	0.9741
	0.9708
	0.9670
	0.9627
	0.9579
	0.9526
	0.9466
	0.9401
	0.9327
	0.9246
	0.9157
	0.9056
	0.8949

	85
	0.9854
	0.9836
	0.9815
	0.9792
	0.9766
	0.9735
	0.9701
	0.9662
	0.9618
	0.9568
	0.9514
	0.9453
	0.9385
	0.9309
	0.9226
	0.9133
	0.9032








TABLE K


Conversion from Single Life to 
100% Joint and Survivor With Pop-Up
CECONY Weekly Participants -1


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9818
	0.9803
	0.9787
	0.9768
	0.9750
	0.9728
	0.9705
	0.9681
	0.9654
	0.9626
	0.9595
	0.9562
	0.9526
	0.9488
	0.9447
	0.9403
	0.9356

	26
	0.9823
	0.9808
	0.9792
	0.9774
	0.9756
	0.9735
	0.9711
	0.9688
	0.9661
	0.9633
	0.9603
	0.9570
	0.9535
	0.9497
	0.9456
	0.9413
	0.9366

	27
	0.9828
	0.9813
	0.9797
	0.9780
	0.9761
	0.9741
	0.9718
	0.9695
	0.9668
	0.9641
	0.9611
	0.9578
	0.9543
	0.9506
	0.9466
	0.9423
	0.9376

	28
	0.9832
	0.9818
	0.9802
	0.9785
	0.9767
	0.9747
	0.9725
	0.9702
	0.9676
	0.9649
	0.9619
	0.9586
	0.9552
	0.9515
	0.9475
	0.9432
	0.9386

	29
	0.9837
	0.9823
	0.9807
	0.9790
	0.9773
	0.9753
	0.9732
	0.9709
	0.9683
	0.9657
	0.9628
	0.9596
	0.9562
	0.9525
	0.9486
	0.9443
	0.9397

	30
	0.9841
	0.9828
	0.9812
	0.9796
	0.9779
	0.9760
	0.9738
	0.9716
	0.9691
	0.9665
	0.9636
	0.9605
	0.9571
	0.9535
	0.9496
	0.9454
	0.9408

	31
	0.9846
	0.9832
	0.9818
	0.9802
	0.9786
	0.9766
	0.9746
	0.9723
	0.9699
	0.9673
	0.9645
	0.9613
	0.9581
	0.9545
	0.9506
	0.9464
	0.9420

	32
	0.9851
	0.9837
	0.9823
	0.9808
	0.9791
	0.9773
	0.9752
	0.9731
	0.9707
	0.9681
	0.9653
	0.9623
	0.9591
	0.9555
	0.9517
	0.9476
	0.9431

	33
	0.9855
	0.9842
	0.9828
	0.9813
	0.9797
	0.9779
	0.9759
	0.9738
	0.9715
	0.9690
	0.9662
	0.9633
	0.9600
	0.9565
	0.9528
	0.9488
	0.9443

	34
	0.9859
	0.9847
	0.9833
	0.9818
	0.9804
	0.9786
	0.9766
	0.9746
	0.9722
	0.9698
	0.9671
	0.9642
	0.9610
	0.9576
	0.9539
	0.9499
	0.9456

	35
	0.9864
	0.9852
	0.9838
	0.9824
	0.9809
	0.9792
	0.9773
	0.9753
	0.9730
	0.9706
	0.9680
	0.9651
	0.9620
	0.9587
	0.9551
	0.9511
	0.9469

	36
	0.9868
	0.9856
	0.9843
	0.9829
	0.9815
	0.9799
	0.9779
	0.9761
	0.9738
	0.9715
	0.9689
	0.9661
	0.9630
	0.9598
	0.9562
	0.9523
	0.9481

	37
	0.9872
	0.9861
	0.9848
	0.9835
	0.9821
	0.9805
	0.9787
	0.9768
	0.9746
	0.9724
	0.9698
	0.9670
	0.9641
	0.9609
	0.9573
	0.9536
	0.9494

	38
	0.9876
	0.9865
	0.9854
	0.9840
	0.9827
	0.9811
	0.9793
	0.9775
	0.9753
	0.9732
	0.9707
	0.9681
	0.9651
	0.9619
	0.9585
	0.9548
	0.9507

	39
	0.9880
	0.9870
	0.9858
	0.9845
	0.9833
	0.9817
	0.9800
	0.9782
	0.9761
	0.9740
	0.9716
	0.9690
	0.9661
	0.9631
	0.9597
	0.9560
	0.9520

	40
	0.9884
	0.9874
	0.9863
	0.9850
	0.9838
	0.9823
	0.9806
	0.9789
	0.9769
	0.9748
	0.9725
	0.9699
	0.9672
	0.9642
	0.9608
	0.9573
	0.9533

	41
	0.9887
	0.9879
	0.9867
	0.9855
	0.9843
	0.9829
	0.9813
	0.9796
	0.9777
	0.9757
	0.9734
	0.9709
	0.9682
	0.9653
	0.9621
	0.9585
	0.9547

	42
	0.9892
	0.9882
	0.9872
	0.9860
	0.9849
	0.9835
	0.9819
	0.9803
	0.9785
	0.9765
	0.9743
	0.9719
	0.9692
	0.9663
	0.9632
	0.9598
	0.9560

	43
	0.9895
	0.9887
	0.9877
	0.9866
	0.9854
	0.9841
	0.9826
	0.9810
	0.9792
	0.9773
	0.9752
	0.9728
	0.9702
	0.9674
	0.9644
	0.9610
	0.9573

	44
	0.9899
	0.9890
	0.9881
	0.9870
	0.9859
	0.9847
	0.9832
	0.9817
	0.9799
	0.9781
	0.9760
	0.9737
	0.9713
	0.9685
	0.9655
	0.9623
	0.9587

	45
	0.9903
	0.9895
	0.9885
	0.9875
	0.9865
	0.9852
	0.9837
	0.9823
	0.9806
	0.9789
	0.9768
	0.9746
	0.9722
	0.9696
	0.9667
	0.9635
	0.9600

	46
	0.9906
	0.9898
	0.9889
	0.9879
	0.9869
	0.9858
	0.9844
	0.9830
	0.9813
	0.9796
	0.9777
	0.9755
	0.9732
	0.9707
	0.9679
	0.9648
	0.9614

	47
	0.9909
	0.9902
	0.9893
	0.9884
	0.9874
	0.9863
	0.9849
	0.9836
	0.9820
	0.9804
	0.9785
	0.9764
	0.9742
	0.9717
	0.9690
	0.9659
	0.9627

	48
	0.9912
	0.9906
	0.9897
	0.9888
	0.9878
	0.9868
	0.9855
	0.9842
	0.9827
	0.9811
	0.9793
	0.9773
	0.9751
	0.9727
	0.9701
	0.9672
	0.9640

	49
	0.9916
	0.9908
	0.9901
	0.9892
	0.9884
	0.9873
	0.9861
	0.9848
	0.9834
	0.9818
	0.9801
	0.9782
	0.9761
	0.9738
	0.9712
	0.9684
	0.9653

	50
	0.9919
	0.9912
	0.9905
	0.9896
	0.9888
	0.9877
	0.9866
	0.9854
	0.9840
	0.9826
	0.9809
	0.9790
	0.9770
	0.9747
	0.9722
	0.9695
	0.9665

	51
	0.9922
	0.9916
	0.9908
	0.9900
	0.9892
	0.9883
	0.9871
	0.9860
	0.9846
	0.9832
	0.9816
	0.9798
	0.9778
	0.9758
	0.9734
	0.9707
	0.9677

	52
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9887
	0.9876
	0.9866
	0.9852
	0.9839
	0.9824
	0.9806
	0.9787
	0.9766
	0.9744
	0.9718
	0.9690

	53
	0.9928
	0.9922
	0.9916
	0.9908
	0.9900
	0.9891
	0.9881
	0.9871
	0.9858
	0.9846
	0.9830
	0.9814
	0.9795
	0.9776
	0.9754
	0.9729
	0.9702

	54
	0.9931
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9886
	0.9876
	0.9864
	0.9851
	0.9838
	0.9821
	0.9804
	0.9785
	0.9764
	0.9740
	0.9714

	55
	0.9933
	0.9927
	0.9921
	0.9915
	0.9909
	0.9900
	0.9890
	0.9881
	0.9870
	0.9858
	0.9844
	0.9829
	0.9812
	0.9794
	0.9773
	0.9751
	0.9726




TABLE K
Conversion from Single Life to 
100% Joint and Survivor With Pop-Up
CECONY Weekly Participants -1


Age of Pensioner
 






Exhibit  10.1.1



	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	





A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9936
	0.9930
	0.9925
	0.9918
	0.9912
	0.9905
	0.9895
	0.9886
	0.9875
	0.9864
	0.9851
	0.9836
	0.9820
	0.9803
	0.9783
	0.9761
	0.9737

	57
	0.9938
	0.9933
	0.9928
	0.9922
	0.9916
	0.9908
	0.9900
	0.9891
	0.9880
	0.9870
	0.9857
	0.9843
	0.9827
	0.9811
	0.9792
	0.9771
	0.9748

	58
	0.9941
	0.9936
	0.9931
	0.9925
	0.9920
	0.9912
	0.9904
	0.9896
	0.9885
	0.9875
	0.9864
	0.9850
	0.9835
	0.9819
	0.9801
	0.9781
	0.9758

	59
	0.9943
	0.9939
	0.9934
	0.9928
	0.9923
	0.9916
	0.9908
	0.9900
	0.9890
	0.9881
	0.9869
	0.9856
	0.9842
	0.9827
	0.9810
	0.9790
	0.9769

	60
	0.9945
	0.9941
	0.9937
	0.9932
	0.9926
	0.9919
	0.9912
	0.9905
	0.9895
	0.9886
	0.9875
	0.9863
	0.9850
	0.9835
	0.9818
	0.9799
	0.9779

	61
	0.9947
	0.9944
	0.9939
	0.9935
	0.9929
	0.9923
	0.9916
	0.9909
	0.9900
	0.9892
	0.9881
	0.9869
	0.9856
	0.9842
	0.9827
	0.9808
	0.9788

	62
	0.9950
	0.9946
	0.9942
	0.9937
	0.9932
	0.9927
	0.9920
	0.9913
	0.9905
	0.9896
	0.9886
	0.9875
	0.9862
	0.9849
	0.9834
	0.9817
	0.9798

	63
	0.9952
	0.9948
	0.9944
	0.9940
	0.9935
	0.9930
	0.9924
	0.9917
	0.9909
	0.9901
	0.9891
	0.9881
	0.9869
	0.9857
	0.9842
	0.9826
	0.9807

	64
	0.9954
	0.9950
	0.9947
	0.9943
	0.9938
	0.9933
	0.9927
	0.9920
	0.9913
	0.9906
	0.9896
	0.9886
	0.9875
	0.9863
	0.9849
	0.9834
	0.9816

	65
	0.9956
	0.9953
	0.9949
	0.9945
	0.9941
	0.9936
	0.9930
	0.9924
	0.9917
	0.9910
	0.9902
	0.9891
	0.9881
	0.9869
	0.9857
	0.9842
	0.9825

	66
	0.9958
	0.9955
	0.9952
	0.9947
	0.9944
	0.9939
	0.9933
	0.9928
	0.9921
	0.9915
	0.9906
	0.9897
	0.9886
	0.9876
	0.9863
	0.9849
	0.9833

	67
	0.9959
	0.9957
	0.9954
	0.9950
	0.9946
	0.9942
	0.9936
	0.9932
	0.9925
	0.9918
	0.9911
	0.9902
	0.9892
	0.9882
	0.9870
	0.9857
	0.9841

	68
	0.9961
	0.9958
	0.9955
	0.9952
	0.9949
	0.9945
	0.9939
	0.9935
	0.9928
	0.9923
	0.9915
	0.9906
	0.9898
	0.9887
	0.9876
	0.9864
	0.9849

	69
	0.9963
	0.9961
	0.9958
	0.9955
	0.9951
	0.9948
	0.9942
	0.9938
	0.9932
	0.9927
	0.9920
	0.9912
	0.9903
	0.9894
	0.9882
	0.9870
	0.9857

	70
	0.9964
	0.9962
	0.9960
	0.9957
	0.9954
	0.9950
	0.9945
	0.9941
	0.9935
	0.9930
	0.9923
	0.9916
	0.9908
	0.9899
	0.9888
	0.9876
	0.9864

	71
	0.9967
	0.9964
	0.9961
	0.9958
	0.9956
	0.9952
	0.9948
	0.9944
	0.9938
	0.9933
	0.9927
	0.9920
	0.9912
	0.9904
	0.9894
	0.9883
	0.9870

	72
	0.9968
	0.9966
	0.9964
	0.9960
	0.9958
	0.9955
	0.9950
	0.9947
	0.9942
	0.9937
	0.9931
	0.9925
	0.9917
	0.9909
	0.9900
	0.9889
	0.9877

	73
	0.9970
	0.9967
	0.9965
	0.9962
	0.9960
	0.9957
	0.9953
	0.9950
	0.9944
	0.9940
	0.9935
	0.9928
	0.9921
	0.9914
	0.9905
	0.9895
	0.9883

	74
	0.9970
	0.9969
	0.9967
	0.9964
	0.9962
	0.9959
	0.9955
	0.9952
	0.9947
	0.9943
	0.9938
	0.9932
	0.9925
	0.9919
	0.9910
	0.9900
	0.9890

	75
	0.9972
	0.9970
	0.9968
	0.9966
	0.9964
	0.9961
	0.9957
	0.9955
	0.9950
	0.9946
	0.9941
	0.9936
	0.9930
	0.9922
	0.9914
	0.9906
	0.9896

	76
	0.9973
	0.9972
	0.9969
	0.9967
	0.9966
	0.9963
	0.9959
	0.9957
	0.9952
	0.9949
	0.9944
	0.9939
	0.9933
	0.9927
	0.9920
	0.9911
	0.9901

	77
	0.9975
	0.9973
	0.9971
	0.9969
	0.9968
	0.9965
	0.9962
	0.9959
	0.9955
	0.9952
	0.9948
	0.9942
	0.9936
	0.9931
	0.9924
	0.9916
	0.9907

	78
	0.9976
	0.9974
	0.9972
	0.9971
	0.9969
	0.9967
	0.9964
	0.9962
	0.9958
	0.9955
	0.9951
	0.9946
	0.9940
	0.9935
	0.9928
	0.9920
	0.9911

	79
	0.9977
	0.9975
	0.9974
	0.9972
	0.9971
	0.9969
	0.9965
	0.9963
	0.9960
	0.9957
	0.9953
	0.9948
	0.9943
	0.9938
	0.9932
	0.9925
	0.9917

	80
	0.9978
	0.9977
	0.9975
	0.9973
	0.9972
	0.9970
	0.9968
	0.9965
	0.9962
	0.9959
	0.9956
	0.9951
	0.9946
	0.9942
	0.9936
	0.9929
	0.9921

	81
	0.9979
	0.9978
	0.9976
	0.9975
	0.9974
	0.9971
	0.9969
	0.9967
	0.9964
	0.9961
	0.9958
	0.9954
	0.9949
	0.9945
	0.9940
	0.9933
	0.9925

	82
	0.9980
	0.9979
	0.9978
	0.9976
	0.9975
	0.9973
	0.9971
	0.9969
	0.9966
	0.9964
	0.9960
	0.9956
	0.9952
	0.9948
	0.9943
	0.9937
	0.9930

	83
	0.9981
	0.9980
	0.9978
	0.9978
	0.9976
	0.9974
	0.9972
	0.9971
	0.9967
	0.9966
	0.9963
	0.9959
	0.9955
	0.9951
	0.9947
	0.9940
	0.9934

	84
	0.9982
	0.9981
	0.9980
	0.9978
	0.9978
	0.9976
	0.9974
	0.9972
	0.9970
	0.9967
	0.9965
	0.9961
	0.9958
	0.9954
	0.9950
	0.9944
	0.9938

	85
	0.9983
	0.9982
	0.9981
	0.9980
	0.9979
	0.9977
	0.9975
	0.9974
	0.9971
	0.9970
	0.9966
	0.9963
	0.9960
	0.9957
	0.9953
	0.9947
	0.9941




TABLE K
Conversion from Single Life to 
100% Joint and Survivor With Pop-Up
CECONY Weekly Participants -1


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	





A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9307
	0.9254
	0.9198
	0.9138
	0.9075
	0.9009
	0.8938
	0.8866
	0.8789
	0.8708
	0.8623
	0.8534
	0.8440
	0.8342
	0.8238
	0.8129
	0.8014

	26
	0.9317
	0.9264
	0.9208
	0.9148
	0.9086
	0.9020
	0.8950
	0.8877
	0.8800
	0.8720
	0.8636
	0.8546
	0.8452
	0.8354
	0.8250
	0.8141
	0.8027

	27
	0.9327
	0.9275
	0.9219
	0.9159
	0.9097
	0.9031
	0.8962
	0.8889
	0.8813
	0.8732
	0.8648
	0.8560
	0.8465
	0.8367
	0.8263
	0.8155
	0.8040

	28
	0.9338
	0.9286
	0.9230
	0.9171
	0.9110
	0.9044
	0.8975
	0.8902
	0.8826
	0.8745
	0.8662
	0.8573
	0.8479
	0.8381
	0.8277
	0.8168
	0.8053

	29
	0.9349
	0.9298
	0.9242
	0.9184
	0.9122
	0.9057
	0.8987
	0.8916
	0.8840
	0.8760
	0.8675
	0.8587
	0.8493
	0.8396
	0.8292
	0.8183
	0.8068

	30
	0.9361
	0.9309
	0.9255
	0.9196
	0.9135
	0.9070
	0.9001
	0.8930
	0.8853
	0.8774
	0.8690
	0.8602
	0.8508
	0.8411
	0.8307
	0.8198
	0.8084

	31
	0.9372
	0.9322
	0.9267
	0.9209
	0.9149
	0.9084
	0.9016
	0.8944
	0.8869
	0.8789
	0.8706
	0.8618
	0.8524
	0.8426
	0.8323
	0.8215
	0.8100

	32
	0.9385
	0.9334
	0.9280
	0.9222
	0.9162
	0.9099
	0.9030
	0.8959
	0.8884
	0.8805
	0.8722
	0.8634
	0.8540
	0.8443
	0.8340
	0.8231
	0.8117

	33
	0.9398
	0.9347
	0.9294
	0.9237
	0.9177
	0.9114
	0.9046
	0.8975
	0.8900
	0.8821
	0.8738
	0.8651
	0.8558
	0.8461
	0.8357
	0.8249
	0.8135

	34
	0.9410
	0.9361
	0.9308
	0.9251
	0.9192
	0.9129
	0.9061
	0.8991
	0.8917
	0.8838
	0.8756
	0.8669
	0.8576
	0.8479
	0.8376
	0.8269
	0.8154

	35
	0.9423
	0.9374
	0.9322
	0.9266
	0.9207
	0.9145
	0.9078
	0.9008
	0.8934
	0.8856
	0.8774
	0.8687
	0.8595
	0.8499
	0.8396
	0.8288
	0.8174

	36
	0.9437
	0.9388
	0.9336
	0.9281
	0.9223
	0.9161
	0.9095
	0.9026
	0.8952
	0.8874
	0.8793
	0.8707
	0.8615
	0.8518
	0.8416
	0.8309
	0.8195

	37
	0.9450
	0.9403
	0.9352
	0.9296
	0.9239
	0.9178
	0.9112
	0.9044
	0.8971
	0.8894
	0.8813
	0.8726
	0.8635
	0.8540
	0.8437
	0.8330
	0.8216

	38
	0.9464
	0.9417
	0.9366
	0.9312
	0.9256
	0.9195
	0.9130
	0.9062
	0.8990
	0.8914
	0.8833
	0.8748
	0.8656
	0.8561
	0.8460
	0.8353
	0.8240

	39
	0.9478
	0.9431
	0.9382
	0.9329
	0.9273
	0.9212
	0.9149
	0.9081
	0.9009
	0.8934
	0.8854
	0.8769
	0.8679
	0.8584
	0.8483
	0.8376
	0.8263

	40
	0.9492
	0.9446
	0.9398
	0.9345
	0.9290
	0.9231
	0.9168
	0.9101
	0.9030
	0.8955
	0.8876
	0.8791
	0.8702
	0.8607
	0.8507
	0.8401
	0.8288

	41
	0.9506
	0.9461
	0.9414
	0.9362
	0.9308
	0.9249
	0.9187
	0.9121
	0.9050
	0.8976
	0.8898
	0.8814
	0.8725
	0.8632
	0.8531
	0.8426
	0.8314

	42
	0.9521
	0.9477
	0.9430
	0.9379
	0.9325
	0.9268
	0.9207
	0.9142
	0.9072
	0.8999
	0.8921
	0.8839
	0.8750
	0.8657
	0.8557
	0.8452
	0.8341

	43
	0.9535
	0.9492
	0.9446
	0.9396
	0.9343
	0.9287
	0.9226
	0.9162
	0.9094
	0.9021
	0.8944
	0.8863
	0.8775
	0.8683
	0.8584
	0.8480
	0.8369

	44
	0.9549
	0.9507
	0.9462
	0.9413
	0.9362
	0.9306
	0.9247
	0.9183
	0.9116
	0.9044
	0.8968
	0.8887
	0.8801
	0.8710
	0.8611
	0.8508
	0.8398

	45
	0.9563
	0.9522
	0.9478
	0.9431
	0.9380
	0.9326
	0.9267
	0.9205
	0.9139
	0.9068
	0.8993
	0.8913
	0.8827
	0.8737
	0.8640
	0.8537
	0.8428

	46
	0.9578
	0.9537
	0.9495
	0.9448
	0.9399
	0.9345
	0.9288
	0.9226
	0.9162
	0.9092
	0.9018
	0.8940
	0.8855
	0.8765
	0.8669
	0.8567
	0.8459

	47
	0.9591
	0.9553
	0.9511
	0.9465
	0.9417
	0.9365
	0.9308
	0.9248
	0.9184
	0.9116
	0.9044
	0.8966
	0.8882
	0.8794
	0.8699
	0.8598
	0.8491

	48
	0.9606
	0.9568
	0.9527
	0.9483
	0.9435
	0.9384
	0.9329
	0.9271
	0.9208
	0.9141
	0.9070
	0.8993
	0.8911
	0.8823
	0.8729
	0.8630
	0.8523

	49
	0.9620
	0.9583
	0.9543
	0.9499
	0.9454
	0.9404
	0.9350
	0.9293
	0.9231
	0.9166
	0.9096
	0.9021
	0.8939
	0.8854
	0.8761
	0.8663
	0.8557

	50
	0.9633
	0.9598
	0.9559
	0.9517
	0.9472
	0.9423
	0.9371
	0.9315
	0.9255
	0.9191
	0.9122
	0.9049
	0.8969
	0.8884
	0.8792
	0.8695
	0.8591

	51
	0.9647
	0.9612
	0.9575
	0.9534
	0.9491
	0.9443
	0.9392
	0.9337
	0.9279
	0.9216
	0.9149
	0.9077
	0.8998
	0.8915
	0.8825
	0.8729
	0.8626

	52
	0.9660
	0.9626
	0.9590
	0.9550
	0.9508
	0.9463
	0.9413
	0.9360
	0.9303
	0.9241
	0.9176
	0.9105
	0.9028
	0.8946
	0.8858
	0.8764
	0.8662

	53
	0.9673
	0.9641
	0.9606
	0.9567
	0.9527
	0.9482
	0.9434
	0.9382
	0.9327
	0.9267
	0.9203
	0.9133
	0.9058
	0.8978
	0.8891
	0.8798
	0.8698

	54
	0.9686
	0.9654
	0.9621
	0.9584
	0.9544
	0.9501
	0.9454
	0.9404
	0.9350
	0.9292
	0.9230
	0.9162
	0.9089
	0.9011
	0.8925
	0.8834
	0.8736

	55
	0.9699
	0.9669
	0.9636
	0.9600
	0.9561
	0.9520
	0.9474
	0.9426
	0.9374
	0.9317
	0.9256
	0.9191
	0.9119
	0.9042
	0.8959
	0.8870
	0.8773










TABLE K


CECONY Weekly Participants -1
Conversion from Single Life to 
100% Joint and Survivor With Pop-Up


Age of Pensioner




Exhibit  10.1.1



                   
	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	





A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9711
	0.9682
	0.9650
	0.9616
	0.9579
	0.9538
	0.9494
	0.9448
	0.9397
	0.9342
	0.9283
	0.9219
	0.9149
	0.9075
	0.8993
	0.8906
	0.8812

	57
	0.9723
	0.9695
	0.9664
	0.9631
	0.9596
	0.9557
	0.9514
	0.9469
	0.9420
	0.9367
	0.9310
	0.9247
	0.9180
	0.9107
	0.9027
	0.8942
	0.8850

	58
	0.9735
	0.9707
	0.9678
	0.9646
	0.9612
	0.9575
	0.9534
	0.9490
	0.9442
	0.9391
	0.9336
	0.9275
	0.9209
	0.9139
	0.9062
	0.8979
	0.8888

	59
	0.9746
	0.9720
	0.9692
	0.9661
	0.9628
	0.9592
	0.9553
	0.9510
	0.9465
	0.9415
	0.9362
	0.9304
	0.9240
	0.9172
	0.9096
	0.9015
	0.8926

	60
	0.9757
	0.9732
	0.9706
	0.9676
	0.9644
	0.9609
	0.9571
	0.9531
	0.9486
	0.9439
	0.9388
	0.9332
	0.9269
	0.9203
	0.9130
	0.9051
	0.8965

	61
	0.9768
	0.9744
	0.9718
	0.9689
	0.9659
	0.9626
	0.9590
	0.9550
	0.9508
	0.9462
	0.9413
	0.9359
	0.9299
	0.9235
	0.9163
	0.9087
	0.9003

	62
	0.9778
	0.9756
	0.9731
	0.9703
	0.9674
	0.9642
	0.9607
	0.9570
	0.9529
	0.9485
	0.9437
	0.9385
	0.9327
	0.9266
	0.9197
	0.9123
	0.9042

	63
	0.9788
	0.9766
	0.9743
	0.9717
	0.9689
	0.9658
	0.9625
	0.9588
	0.9550
	0.9507
	0.9461
	0.9411
	0.9356
	0.9296
	0.9230
	0.9158
	0.9079

	64
	0.9798
	0.9777
	0.9755
	0.9729
	0.9702
	0.9673
	0.9641
	0.9607
	0.9569
	0.9529
	0.9485
	0.9437
	0.9383
	0.9326
	0.9262
	0.9193
	0.9117

	65
	0.9808
	0.9787
	0.9765
	0.9742
	0.9716
	0.9689
	0.9658
	0.9625
	0.9589
	0.9550
	0.9508
	0.9462
	0.9410
	0.9355
	0.9294
	0.9227
	0.9154

	66
	0.9817
	0.9797
	0.9777
	0.9753
	0.9729
	0.9702
	0.9673
	0.9642
	0.9607
	0.9571
	0.9530
	0.9486
	0.9437
	0.9384
	0.9325
	0.9261
	0.9190

	67
	0.9825
	0.9807
	0.9788
	0.9765
	0.9742
	0.9716
	0.9688
	0.9659
	0.9626
	0.9590
	0.9552
	0.9510
	0.9463
	0.9412
	0.9355
	0.9294
	0.9226

	68
	0.9834
	0.9817
	0.9798
	0.9776
	0.9755
	0.9730
	0.9703
	0.9675
	0.9644
	0.9610
	0.9573
	0.9533
	0.9488
	0.9440
	0.9385
	0.9326
	0.9260

	69
	0.9842
	0.9826
	0.9808
	0.9787
	0.9766
	0.9743
	0.9717
	0.9690
	0.9660
	0.9628
	0.9594
	0.9555
	0.9512
	0.9466
	0.9414
	0.9358
	0.9294

	70
	0.9850
	0.9834
	0.9817
	0.9797
	0.9778
	0.9755
	0.9731
	0.9705
	0.9677
	0.9646
	0.9613
	0.9577
	0.9536
	0.9491
	0.9442
	0.9388
	0.9327

	71
	0.9857
	0.9843
	0.9826
	0.9807
	0.9789
	0.9767
	0.9744
	0.9719
	0.9692
	0.9663
	0.9632
	0.9597
	0.9558
	0.9516
	0.9469
	0.9418
	0.9359

	72
	0.9865
	0.9850
	0.9835
	0.9817
	0.9799
	0.9778
	0.9757
	0.9734
	0.9707
	0.9680
	0.9651
	0.9617
	0.9580
	0.9540
	0.9495
	0.9446
	0.9391

	73
	0.9872
	0.9858
	0.9843
	0.9827
	0.9809
	0.9790
	0.9769
	0.9746
	0.9723
	0.9696
	0.9668
	0.9637
	0.9602
	0.9564
	0.9521
	0.9474
	0.9421

	74
	0.9878
	0.9865
	0.9851
	0.9835
	0.9819
	0.9800
	0.9781
	0.9760
	0.9736
	0.9712
	0.9685
	0.9655
	0.9622
	0.9586
	0.9545
	0.9501
	0.9450

	75
	0.9885
	0.9872
	0.9859
	0.9844
	0.9828
	0.9811
	0.9792
	0.9772
	0.9750
	0.9726
	0.9701
	0.9673
	0.9641
	0.9607
	0.9568
	0.9526
	0.9478

	76
	0.9891
	0.9879
	0.9867
	0.9852
	0.9837
	0.9820
	0.9802
	0.9784
	0.9762
	0.9740
	0.9716
	0.9690
	0.9659
	0.9627
	0.9591
	0.9551
	0.9505

	77
	0.9897
	0.9885
	0.9874
	0.9859
	0.9846
	0.9830
	0.9812
	0.9795
	0.9775
	0.9754
	0.9731
	0.9706
	0.9677
	0.9647
	0.9612
	0.9574
	0.9531

	78
	0.9902
	0.9891
	0.9880
	0.9867
	0.9854
	0.9838
	0.9823
	0.9805
	0.9786
	0.9767
	0.9746
	0.9722
	0.9695
	0.9666
	0.9633
	0.9597
	0.9557

	79
	0.9908
	0.9898
	0.9887
	0.9874
	0.9862
	0.9847
	0.9831
	0.9815
	0.9798
	0.9779
	0.9759
	0.9736
	0.9711
	0.9684
	0.9653
	0.9619
	0.9580

	80
	0.9913
	0.9903
	0.9893
	0.9881
	0.9869
	0.9855
	0.9840
	0.9825
	0.9808
	0.9791
	0.9772
	0.9750
	0.9727
	0.9701
	0.9671
	0.9640
	0.9603

	81
	0.9918
	0.9909
	0.9899
	0.9887
	0.9876
	0.9863
	0.9849
	0.9835
	0.9819
	0.9801
	0.9784
	0.9764
	0.9741
	0.9717
	0.9690
	0.9659
	0.9624

	82
	0.9922
	0.9914
	0.9904
	0.9893
	0.9883
	0.9871
	0.9857
	0.9844
	0.9828
	0.9812
	0.9795
	0.9777
	0.9755
	0.9733
	0.9707
	0.9678
	0.9646

	83
	0.9927
	0.9919
	0.9910
	0.9899
	0.9889
	0.9878
	0.9865
	0.9852
	0.9838
	0.9823
	0.9807
	0.9789
	0.9769
	0.9748
	0.9723
	0.9697
	0.9666

	84
	0.9931
	0.9923
	0.9915
	0.9905
	0.9896
	0.9884
	0.9872
	0.9860
	0.9847
	0.9833
	0.9818
	0.9801
	0.9782
	0.9762
	0.9739
	0.9714
	0.9685

	85
	0.9936
	0.9928
	0.9920
	0.9911
	0.9901
	0.9891
	0.9879
	0.9868
	0.9855
	0.9842
	0.9828
	0.9812
	0.9794
	0.9776
	0.9754
	0.9730
	0.9703




TABLE K
Conversion from Single Life to 
100% Joint and Survivor With Pop-Up
CECONY Weekly Participants -1


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	

A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	25
	0.7893
	0.7767
	0.7635
	0.7497
	0.7354
	0.7205
	0.7052
	0.6893
	0.6731
	0.6564
	0.6394
	0.6221
	0.6045
	0.5866
	0.5684
	0.5500
	0.5316

	26
	0.7905
	0.7780
	0.7647
	0.7510
	0.7366
	0.7217
	0.7064
	0.6905
	0.6743
	0.6575
	0.6405
	0.6232
	0.6056
	0.5876
	0.5694
	0.5510
	0.5326

	27
	0.7919
	0.7793
	0.7660
	0.7523
	0.7379
	0.7230
	0.7077
	0.6918
	0.6755
	0.6587
	0.6417
	0.6244
	0.6067
	0.5887
	0.5705
	0.5521
	0.5336

	28
	0.7933
	0.7807
	0.7675
	0.7536
	0.7393
	0.7244
	0.7090
	0.6931
	0.6768
	0.6601
	0.6430
	0.6256
	0.6079
	0.5899
	0.5717
	0.5532
	0.5347

	29
	0.7947
	0.7821
	0.7689
	0.7551
	0.7407
	0.7258
	0.7104
	0.6945
	0.6782
	0.6614
	0.6443
	0.6269
	0.6092
	0.5912
	0.5729
	0.5544
	0.5359

	30
	0.7963
	0.7837
	0.7704
	0.7567
	0.7423
	0.7274
	0.7120
	0.6960
	0.6797
	0.6629
	0.6458
	0.6283
	0.6106
	0.5926
	0.5743
	0.5557
	0.5372

	31
	0.7979
	0.7853
	0.7721
	0.7583
	0.7439
	0.7290
	0.7136
	0.6976
	0.6812
	0.6644
	0.6473
	0.6298
	0.6121
	0.5940
	0.5757
	0.5571
	0.5385

	32
	0.7997
	0.7871
	0.7738
	0.7600
	0.7456
	0.7307
	0.7152
	0.6993
	0.6829
	0.6661
	0.6489
	0.6315
	0.6137
	0.5955
	0.5772
	0.5586
	0.5400

	33
	0.8015
	0.7888
	0.7756
	0.7619
	0.7475
	0.7325
	0.7171
	0.7011
	0.6847
	0.6678
	0.6507
	0.6331
	0.6153
	0.5972
	0.5787
	0.5601
	0.5415

	34
	0.8034
	0.7908
	0.7776
	0.7638
	0.7494
	0.7344
	0.7190
	0.7030
	0.6865
	0.6697
	0.6525
	0.6349
	0.6171
	0.5989
	0.5804
	0.5618
	0.5431

	35
	0.8054
	0.7928
	0.7796
	0.7658
	0.7514
	0.7364
	0.7210
	0.7049
	0.6885
	0.6716
	0.6544
	0.6368
	0.6189
	0.6007
	0.5823
	0.5635
	0.5448

	36
	0.8075
	0.7949
	0.7817
	0.7679
	0.7535
	0.7385
	0.7230
	0.7070
	0.6906
	0.6737
	0.6564
	0.6388
	0.6209
	0.6027
	0.5842
	0.5654
	0.5466

	37
	0.8097
	0.7972
	0.7840
	0.7701
	0.7558
	0.7408
	0.7253
	0.7092
	0.6928
	0.6759
	0.6586
	0.6410
	0.6230
	0.6047
	0.5862
	0.5674
	0.5486

	38
	0.8120
	0.7995
	0.7863
	0.7725
	0.7581
	0.7431
	0.7276
	0.7116
	0.6951
	0.6781
	0.6609
	0.6432
	0.6252
	0.6069
	0.5883
	0.5695
	0.5506

	39
	0.8144
	0.8019
	0.7887
	0.7750
	0.7606
	0.7456
	0.7301
	0.7141
	0.6976
	0.6806
	0.6633
	0.6456
	0.6275
	0.6092
	0.5906
	0.5717
	0.5527

	40
	0.8169
	0.8044
	0.7913
	0.7776
	0.7632
	0.7482
	0.7327
	0.7167
	0.7002
	0.6832
	0.6658
	0.6481
	0.6301
	0.6116
	0.5930
	0.5740
	0.5551

	41
	0.8196
	0.8071
	0.7940
	0.7803
	0.7659
	0.7509
	0.7354
	0.7194
	0.7029
	0.6859
	0.6685
	0.6507
	0.6327
	0.6142
	0.5955
	0.5765
	0.5575

	42
	0.8223
	0.8099
	0.7968
	0.7831
	0.7687
	0.7538
	0.7384
	0.7223
	0.7057
	0.6887
	0.6713
	0.6535
	0.6354
	0.6170
	0.5982
	0.5791
	0.5601

	43
	0.8251
	0.8128
	0.7998
	0.7861
	0.7717
	0.7568
	0.7413
	0.7253
	0.7088
	0.6917
	0.6743
	0.6565
	0.6384
	0.6198
	0.6010
	0.5819
	0.5628

	44
	0.8281
	0.8158
	0.8028
	0.7892
	0.7749
	0.7600
	0.7445
	0.7284
	0.7119
	0.6948
	0.6774
	0.6596
	0.6414
	0.6228
	0.6040
	0.5848
	0.5657

	45
	0.8312
	0.8189
	0.8059
	0.7924
	0.7781
	0.7633
	0.7478
	0.7317
	0.7152
	0.6981
	0.6807
	0.6628
	0.6446
	0.6260
	0.6072
	0.5880
	0.5687

	46
	0.8343
	0.8221
	0.8092
	0.7957
	0.7815
	0.7666
	0.7512
	0.7352
	0.7187
	0.7016
	0.6841
	0.6663
	0.6480
	0.6294
	0.6104
	0.5912
	0.5719

	47
	0.8376
	0.8255
	0.8127
	0.7992
	0.7850
	0.7702
	0.7549
	0.7388
	0.7223
	0.7052
	0.6877
	0.6699
	0.6516
	0.6329
	0.6140
	0.5946
	0.5753

	48
	0.8409
	0.8289
	0.8162
	0.8028
	0.7887
	0.7739
	0.7586
	0.7426
	0.7261
	0.7090
	0.6915
	0.6737
	0.6553
	0.6367
	0.6176
	0.5983
	0.5789

	49
	0.8444
	0.8325
	0.8198
	0.8066
	0.7925
	0.7778
	0.7625
	0.7465
	0.7301
	0.7130
	0.6955
	0.6776
	0.6593
	0.6406
	0.6215
	0.6021
	0.5826

	50
	0.8480
	0.8361
	0.8236
	0.8104
	0.7964
	0.7818
	0.7665
	0.7506
	0.7342
	0.7172
	0.6997
	0.6818
	0.6634
	0.6447
	0.6256
	0.6061
	0.5866

	51
	0.8516
	0.8399
	0.8275
	0.8143
	0.8005
	0.7859
	0.7707
	0.7549
	0.7385
	0.7215
	0.7040
	0.6861
	0.6678
	0.6490
	0.6299
	0.6104
	0.5908

	52
	0.8554
	0.8438
	0.8315
	0.8184
	0.8047
	0.7902
	0.7751
	0.7593
	0.7429
	0.7260
	0.7086
	0.6907
	0.6724
	0.6536
	0.6344
	0.6149
	0.5952

	53
	0.8591
	0.8477
	0.8356
	0.8227
	0.8090
	0.7946
	0.7796
	0.7639
	0.7476
	0.7307
	0.7133
	0.6954
	0.6771
	0.6583
	0.6391
	0.6195
	0.5998

	54
	0.8630
	0.8517
	0.8397
	0.8270
	0.8134
	0.7992
	0.7843
	0.7686
	0.7524
	0.7356
	0.7182
	0.7004
	0.6821
	0.6633
	0.6441
	0.6245
	0.6047

	55
	0.8670
	0.8558
	0.8440
	0.8314
	0.8180
	0.8038
	0.7891
	0.7735
	0.7574
	0.7407
	0.7234
	0.7056
	0.6873
	0.6685
	0.6493
	0.6296
	0.6098






TABLE K


Conversion from Single Life to 
100% Joint and Survivor With Pop-Up
CECONY Weekly Participants -1


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.8709
	0.8600
	0.8483
	0.8358
	0.8227
	0.8087
	0.7940
	0.7786
	0.7626
	0.7459
	0.7287
	0.7109
	0.6927
	0.6739
	0.6547
	0.6351
	0.6152

	57
	0.8749
	0.8642
	0.8527
	0.8405
	0.8274
	0.8136
	0.7991
	0.7838
	0.7679
	0.7513
	0.7342
	0.7165
	0.6983
	0.6795
	0.6603
	0.6407
	0.6209

	58
	0.8790
	0.8685
	0.8571
	0.8451
	0.8322
	0.8186
	0.8043
	0.7891
	0.7734
	0.7569
	0.7399
	0.7223
	0.7041
	0.6854
	0.6663
	0.6466
	0.6267

	59
	0.8830
	0.8728
	0.8617
	0.8498
	0.8371
	0.8236
	0.8095
	0.7945
	0.7789
	0.7626
	0.7457
	0.7282
	0.7101
	0.6915
	0.6724
	0.6527
	0.6329

	60
	0.8871
	0.8771
	0.8662
	0.8546
	0.8421
	0.8288
	0.8149
	0.8001
	0.7846
	0.7685
	0.7517
	0.7343
	0.7164
	0.6978
	0.6787
	0.6591
	0.6393

	61
	0.8912
	0.8814
	0.8707
	0.8594
	0.8471
	0.8341
	0.8203
	0.8057
	0.7905
	0.7745
	0.7579
	0.7406
	0.7228
	0.7043
	0.6853
	0.6657
	0.6459

	62
	0.8952
	0.8857
	0.8753
	0.8641
	0.8521
	0.8393
	0.8258
	0.8114
	0.7964
	0.7806
	0.7642
	0.7471
	0.7294
	0.7110
	0.6921
	0.6726
	0.6528

	63
	0.8993
	0.8900
	0.8799
	0.8690
	0.8572
	0.8447
	0.8314
	0.8173
	0.8025
	0.7868
	0.7706
	0.7536
	0.7361
	0.7178
	0.6990
	0.6796
	0.6599

	64
	0.9033
	0.8942
	0.8844
	0.8737
	0.8623
	0.8500
	0.8370
	0.8231
	0.8085
	0.7931
	0.7770
	0.7603
	0.7429
	0.7249
	0.7062
	0.6869
	0.6672

	65
	0.9073
	0.8984
	0.8889
	0.8785
	0.8674
	0.8553
	0.8426
	0.8290
	0.8147
	0.7995
	0.7837
	0.7671
	0.7500
	0.7321
	0.7135
	0.6943
	0.6748

	66
	0.9111
	0.9026
	0.8934
	0.8833
	0.8724
	0.8607
	0.8482
	0.8349
	0.8208
	0.8059
	0.7903
	0.7741
	0.7571
	0.7394
	0.7210
	0.7019
	0.6825

	67
	0.9150
	0.9067
	0.8978
	0.8880
	0.8774
	0.8660
	0.8539
	0.8408
	0.8270
	0.8124
	0.7971
	0.7811
	0.7643
	0.7468
	0.7286
	0.7097
	0.6904

	68
	0.9187
	0.9108
	0.9021
	0.8927
	0.8823
	0.8713
	0.8594
	0.8466
	0.8332
	0.8189
	0.8038
	0.7881
	0.7716
	0.7543
	0.7363
	0.7176
	0.6985

	69
	0.9224
	0.9148
	0.9064
	0.8973
	0.8873
	0.8765
	0.8650
	0.8525
	0.8394
	0.8253
	0.8106
	0.7952
	0.7789
	0.7619
	0.7441
	0.7257
	0.7067

	70
	0.9260
	0.9186
	0.9105
	0.9017
	0.8921
	0.8816
	0.8704
	0.8584
	0.8455
	0.8318
	0.8174
	0.8023
	0.7863
	0.7695
	0.7520
	0.7338
	0.7150

	71
	0.9295
	0.9224
	0.9147
	0.9062
	0.8968
	0.8867
	0.8759
	0.8641
	0.8516
	0.8383
	0.8242
	0.8094
	0.7937
	0.7772
	0.7600
	0.7420
	0.7235

	72
	0.9329
	0.9262
	0.9186
	0.9105
	0.9015
	0.8917
	0.8812
	0.8698
	0.8577
	0.8447
	0.8309
	0.8164
	0.8011
	0.7849
	0.7680
	0.7503
	0.7320

	73
	0.9362
	0.9297
	0.9225
	0.9147
	0.9060
	0.8966
	0.8864
	0.8754
	0.8636
	0.8509
	0.8376
	0.8234
	0.8085
	0.7926
	0.7761
	0.7586
	0.7406

	74
	0.9394
	0.9332
	0.9263
	0.9188
	0.9105
	0.9014
	0.8915
	0.8809
	0.8695
	0.8572
	0.8442
	0.8304
	0.8158
	0.8003
	0.7841
	0.7669
	0.7492

	75
	0.9424
	0.9366
	0.9300
	0.9228
	0.9147
	0.9060
	0.8965
	0.8862
	0.8753
	0.8634
	0.8507
	0.8373
	0.8231
	0.8080
	0.7920
	0.7753
	0.7579

	76
	0.9454
	0.9398
	0.9335
	0.9266
	0.9189
	0.9106
	0.9015
	0.8915
	0.8809
	0.8694
	0.8572
	0.8441
	0.8303
	0.8155
	0.8000
	0.7835
	0.7665

	77
	0.9483
	0.9429
	0.9369
	0.9303
	0.9230
	0.9149
	0.9062
	0.8966
	0.8864
	0.8752
	0.8634
	0.8508
	0.8374
	0.8230
	0.8078
	0.7917
	0.7750

	78
	0.9510
	0.9460
	0.9402
	0.9339
	0.9269
	0.9192
	0.9108
	0.9016
	0.8918
	0.8810
	0.8695
	0.8573
	0.8443
	0.8304
	0.8156
	0.7998
	0.7836

	79
	0.9536
	0.9488
	0.9433
	0.9374
	0.9307
	0.9233
	0.9152
	0.9064
	0.8969
	0.8866
	0.8755
	0.8638
	0.8512
	0.8376
	0.8232
	0.8080
	0.7920

	80
	0.9561
	0.9515
	0.9464
	0.9407
	0.9343
	0.9272
	0.9196
	0.9111
	0.9019
	0.8921
	0.8814
	0.8700
	0.8578
	0.8447
	0.8307
	0.8159
	0.8003

	81
	0.9585
	0.9542
	0.9493
	0.9438
	0.9378
	0.9310
	0.9237
	0.9156
	0.9069
	0.8973
	0.8871
	0.8761
	0.8643
	0.8517
	0.8382
	0.8237
	0.8085

	82
	0.9608
	0.9567
	0.9521
	0.9469
	0.9412
	0.9347
	0.9277
	0.9200
	0.9116
	0.9025
	0.8926
	0.8821
	0.8708
	0.8585
	0.8454
	0.8314
	0.8167

	83
	0.9631
	0.9592
	0.9548
	0.9498
	0.9444
	0.9383
	0.9316
	0.9242
	0.9162
	0.9075
	0.8980
	0.8880
	0.8770
	0.8652
	0.8525
	0.8389
	0.8247

	84
	0.9652
	0.9615
	0.9573
	0.9527
	0.9475
	0.9417
	0.9354
	0.9283
	0.9207
	0.9123
	0.9033
	0.8936
	0.8831
	0.8717
	0.8595
	0.8464
	0.8326

	85
	0.9672
	0.9637
	0.9598
	0.9554
	0.9504
	0.9450
	0.9390
	0.9323
	0.9250
	0.9170
	0.9084
	0.8991
	0.8891
	0.8781
	0.8664
	0.8537
	0.8403






TABLE L


Conversion from Single Life to 
50% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	





A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9910
	0.9903
	0.9894
	0.9885
	0.9876
	0.9865
	0.9853
	0.9841
	0.9826
	0.9812
	0.9796
	0.9779
	0.9760
	0.9741
	0.9719
	0.9696
	0.9671

	26
	0.9912
	0.9905
	0.9897
	0.9887
	0.9878
	0.9868
	0.9856
	0.9844
	0.9830
	0.9816
	0.9801
	0.9783
	0.9765
	0.9746
	0.9724
	0.9701
	0.9676

	27
	0.9914
	0.9908
	0.9899
	0.9890
	0.9881
	0.9872
	0.9859
	0.9848
	0.9834
	0.9820
	0.9804
	0.9787
	0.9770
	0.9750
	0.9729
	0.9706
	0.9682

	28
	0.9917
	0.9910
	0.9902
	0.9893
	0.9885
	0.9874
	0.9863
	0.9852
	0.9838
	0.9825
	0.9810
	0.9793
	0.9775
	0.9755
	0.9735
	0.9712
	0.9688

	29
	0.9920
	0.9913
	0.9905
	0.9896
	0.9888
	0.9878
	0.9867
	0.9855
	0.9842
	0.9829
	0.9814
	0.9797
	0.9780
	0.9761
	0.9740
	0.9718
	0.9694

	30
	0.9922
	0.9915
	0.9908
	0.9899
	0.9892
	0.9882
	0.9870
	0.9860
	0.9846
	0.9834
	0.9818
	0.9802
	0.9785
	0.9766
	0.9746
	0.9724
	0.9700

	31
	0.9925
	0.9918
	0.9910
	0.9903
	0.9895
	0.9885
	0.9874
	0.9863
	0.9850
	0.9838
	0.9824
	0.9807
	0.9790
	0.9772
	0.9752
	0.9730
	0.9706

	32
	0.9927
	0.9920
	0.9913
	0.9906
	0.9898
	0.9888
	0.9878
	0.9867
	0.9855
	0.9843
	0.9828
	0.9812
	0.9795
	0.9777
	0.9758
	0.9737
	0.9713

	33
	0.9929
	0.9923
	0.9916
	0.9909
	0.9901
	0.9892
	0.9881
	0.9872
	0.9859
	0.9847
	0.9833
	0.9818
	0.9801
	0.9783
	0.9764
	0.9743
	0.9720

	34
	0.9931
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9885
	0.9875
	0.9863
	0.9851
	0.9838
	0.9823
	0.9807
	0.9789
	0.9770
	0.9749
	0.9727

	35
	0.9934
	0.9928
	0.9921
	0.9915
	0.9907
	0.9899
	0.9889
	0.9880
	0.9867
	0.9856
	0.9843
	0.9828
	0.9812
	0.9795
	0.9776
	0.9756
	0.9734

	36
	0.9936
	0.9930
	0.9924
	0.9918
	0.9911
	0.9902
	0.9893
	0.9883
	0.9872
	0.9861
	0.9848
	0.9833
	0.9818
	0.9801
	0.9783
	0.9763
	0.9741

	37
	0.9939
	0.9933
	0.9927
	0.9921
	0.9914
	0.9906
	0.9896
	0.9887
	0.9876
	0.9865
	0.9852
	0.9838
	0.9824
	0.9807
	0.9789
	0.9770
	0.9749

	38
	0.9941
	0.9936
	0.9930
	0.9923
	0.9917
	0.9909
	0.9900
	0.9891
	0.9881
	0.9870
	0.9858
	0.9844
	0.9830
	0.9813
	0.9796
	0.9777
	0.9755

	39
	0.9943
	0.9938
	0.9932
	0.9926
	0.9920
	0.9913
	0.9904
	0.9895
	0.9884
	0.9874
	0.9863
	0.9850
	0.9835
	0.9820
	0.9803
	0.9784
	0.9763

	40
	0.9945
	0.9940
	0.9935
	0.9929
	0.9923
	0.9916
	0.9907
	0.9899
	0.9889
	0.9879
	0.9867
	0.9855
	0.9841
	0.9826
	0.9809
	0.9791
	0.9770

	41
	0.9947
	0.9942
	0.9938
	0.9932
	0.9926
	0.9919
	0.9911
	0.9903
	0.9893
	0.9884
	0.9872
	0.9860
	0.9847
	0.9832
	0.9816
	0.9798
	0.9779

	42
	0.9949
	0.9944
	0.9940
	0.9935
	0.9929
	0.9922
	0.9915
	0.9907
	0.9897
	0.9889
	0.9877
	0.9865
	0.9852
	0.9838
	0.9822
	0.9805
	0.9786

	43
	0.9951
	0.9947
	0.9942
	0.9937
	0.9931
	0.9925
	0.9918
	0.9911
	0.9902
	0.9892
	0.9882
	0.9870
	0.9858
	0.9845
	0.9829
	0.9812
	0.9794

	44
	0.9953
	0.9949
	0.9944
	0.9940
	0.9934
	0.9928
	0.9921
	0.9914
	0.9905
	0.9897
	0.9887
	0.9876
	0.9863
	0.9851
	0.9836
	0.9819
	0.9801

	45
	0.9955
	0.9951
	0.9947
	0.9942
	0.9937
	0.9931
	0.9924
	0.9918
	0.9909
	0.9901
	0.9891
	0.9881
	0.9869
	0.9857
	0.9842
	0.9826
	0.9809

	46
	0.9957
	0.9953
	0.9949
	0.9944
	0.9940
	0.9934
	0.9928
	0.9921
	0.9913
	0.9906
	0.9896
	0.9885
	0.9874
	0.9862
	0.9848
	0.9833
	0.9816

	47
	0.9959
	0.9955
	0.9952
	0.9947
	0.9943
	0.9937
	0.9931
	0.9925
	0.9917
	0.9909
	0.9901
	0.9891
	0.9880
	0.9868
	0.9855
	0.9840
	0.9824

	48
	0.9961
	0.9957
	0.9953
	0.9949
	0.9946
	0.9940
	0.9934
	0.9928
	0.9921
	0.9914
	0.9905
	0.9895
	0.9885
	0.9874
	0.9861
	0.9847
	0.9831

	49
	0.9962
	0.9959
	0.9955
	0.9952
	0.9948
	0.9943
	0.9937
	0.9932
	0.9925
	0.9918
	0.9909
	0.9900
	0.9890
	0.9879
	0.9867
	0.9854
	0.9838

	50
	0.9964
	0.9961
	0.9958
	0.9954
	0.9950
	0.9945
	0.9940
	0.9935
	0.9928
	0.9921
	0.9914
	0.9905
	0.9896
	0.9885
	0.9873
	0.9860
	0.9845

	51
	0.9966
	0.9963
	0.9960
	0.9956
	0.9953
	0.9948
	0.9943
	0.9938
	0.9931
	0.9925
	0.9917
	0.9909
	0.9900
	0.9891
	0.9879
	0.9867
	0.9853

	52
	0.9967
	0.9964
	0.9961
	0.9958
	0.9955
	0.9951
	0.9946
	0.9941
	0.9934
	0.9929
	0.9922
	0.9914
	0.9905
	0.9896
	0.9885
	0.9873
	0.9860

	53
	0.9969
	0.9967
	0.9964
	0.9960
	0.9957
	0.9954
	0.9948
	0.9944
	0.9938
	0.9933
	0.9926
	0.9918
	0.9910
	0.9901
	0.9891
	0.9880
	0.9867

	54
	0.9970
	0.9968
	0.9965
	0.9962
	0.9960
	0.9956
	0.9951
	0.9947
	0.9941
	0.9936
	0.9929
	0.9922
	0.9914
	0.9906
	0.9896
	0.9885
	0.9873

	55
	0.9972
	0.9970
	0.9967
	0.9964
	0.9962
	0.9958
	0.9953
	0.9950
	0.9944
	0.9939
	0.9933
	0.9926
	0.9919
	0.9911
	0.9901
	0.9891
	0.9880




TABLE L


Conversion from Single Life to 
50% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9973
	0.9971
	0.9969
	0.9966
	0.9963
	0.9960
	0.9956
	0.9953
	0.9947
	0.9942
	0.9937
	0.9930
	0.9924
	0.9916
	0.9907
	0.9897
	0.9886

	57
	0.9975
	0.9973
	0.9970
	0.9968
	0.9966
	0.9963
	0.9959
	0.9955
	0.9950
	0.9946
	0.9940
	0.9934
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892

	58
	0.9976
	0.9974
	0.9972
	0.9969
	0.9968
	0.9965
	0.9961
	0.9958
	0.9953
	0.9949
	0.9944
	0.9937
	0.9931
	0.9925
	0.9917
	0.9908
	0.9898

	59
	0.9977
	0.9975
	0.9974
	0.9971
	0.9969
	0.9966
	0.9963
	0.9960
	0.9955
	0.9952
	0.9947
	0.9941
	0.9936
	0.9929
	0.9922
	0.9913
	0.9903

	60
	0.9978
	0.9977
	0.9975
	0.9973
	0.9971
	0.9969
	0.9965
	0.9962
	0.9958
	0.9955
	0.9950
	0.9945
	0.9939
	0.9933
	0.9927
	0.9919
	0.9910

	61
	0.9980
	0.9978
	0.9976
	0.9975
	0.9973
	0.9971
	0.9967
	0.9965
	0.9961
	0.9958
	0.9954
	0.9948
	0.9943
	0.9938
	0.9931
	0.9923
	0.9915

	62
	0.9981
	0.9980
	0.9978
	0.9976
	0.9975
	0.9972
	0.9969
	0.9967
	0.9963
	0.9961
	0.9956
	0.9952
	0.9946
	0.9942
	0.9935
	0.9928
	0.9920

	63
	0.9982
	0.9981
	0.9979
	0.9978
	0.9976
	0.9974
	0.9971
	0.9969
	0.9965
	0.9963
	0.9959
	0.9955
	0.9950
	0.9945
	0.9940
	0.9932
	0.9925

	64
	0.9983
	0.9982
	0.9981
	0.9979
	0.9978
	0.9976
	0.9973
	0.9971
	0.9967
	0.9965
	0.9962
	0.9958
	0.9953
	0.9948
	0.9944
	0.9937
	0.9930

	65
	0.9984
	0.9983
	0.9982
	0.9981
	0.9979
	0.9977
	0.9975
	0.9973
	0.9970
	0.9967
	0.9964
	0.9960
	0.9956
	0.9952
	0.9947
	0.9942
	0.9934

	66
	0.9985
	0.9984
	0.9983
	0.9981
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9970
	0.9966
	0.9963
	0.9959
	0.9955
	0.9951
	0.9946
	0.9939

	67
	0.9986
	0.9985
	0.9984
	0.9983
	0.9982
	0.9980
	0.9978
	0.9977
	0.9973
	0.9972
	0.9970
	0.9966
	0.9962
	0.9958
	0.9954
	0.9949
	0.9944

	68
	0.9987
	0.9987
	0.9985
	0.9984
	0.9984
	0.9982
	0.9980
	0.9978
	0.9976
	0.9974
	0.9971
	0.9969
	0.9965
	0.9961
	0.9957
	0.9953
	0.9948

	69
	0.9988
	0.9987
	0.9987
	0.9985
	0.9984
	0.9983
	0.9981
	0.9980
	0.9977
	0.9976
	0.9973
	0.9971
	0.9968
	0.9965
	0.9960
	0.9956
	0.9952

	70
	0.9989
	0.9988
	0.9987
	0.9986
	0.9986
	0.9984
	0.9983
	0.9981
	0.9979
	0.9978
	0.9976
	0.9973
	0.9970
	0.9968
	0.9964
	0.9960
	0.9955

	71
	0.9990
	0.9989
	0.9988
	0.9987
	0.9987
	0.9986
	0.9984
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9970
	0.9967
	0.9963
	0.9959

	72
	0.9990
	0.9990
	0.9989
	0.9988
	0.9988
	0.9986
	0.9985
	0.9984
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9969
	0.9966
	0.9962

	73
	0.9991
	0.9990
	0.9990
	0.9989
	0.9989
	0.9988
	0.9986
	0.9986
	0.9983
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9969
	0.9965

	74
	0.9992
	0.9991
	0.9990
	0.9990
	0.9990
	0.9989
	0.9987
	0.9986
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9977
	0.9974
	0.9971
	0.9968

	75
	0.9993
	0.9992
	0.9991
	0.9990
	0.9990
	0.9989
	0.9989
	0.9988
	0.9986
	0.9986
	0.9984
	0.9982
	0.9981
	0.9978
	0.9977
	0.9973
	0.9970

	76
	0.9993
	0.9993
	0.9992
	0.9991
	0.9991
	0.9991
	0.9989
	0.9989
	0.9987
	0.9987
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9976
	0.9973

	77
	0.9993
	0.9993
	0.9993
	0.9992
	0.9992
	0.9992
	0.9990
	0.9990
	0.9989
	0.9988
	0.9987
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9976

	78
	0.9994
	0.9994
	0.9993
	0.9993
	0.9993
	0.9992
	0.9991
	0.9991
	0.9989
	0.9989
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9980
	0.9977

	79
	0.9995
	0.9994
	0.9994
	0.9993
	0.9993
	0.9993
	0.9992
	0.9992
	0.9990
	0.9990
	0.9989
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9980

	80
	0.9995
	0.9995
	0.9994
	0.9994
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9991
	0.9990
	0.9989
	0.9988
	0.9987
	0.9985
	0.9984
	0.9981

	81
	0.9996
	0.9996
	0.9995
	0.9994
	0.9995
	0.9994
	0.9993
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9988
	0.9988
	0.9987
	0.9985
	0.9983

	82
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9995
	0.9994
	0.9994
	0.9992
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9987
	0.9985

	83
	0.9996
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9994
	0.9995
	0.9993
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9986

	84
	0.9996
	0.9996
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9995
	0.9994
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9987

	85
	0.9997
	0.9996
	0.9996
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9995
	0.9995
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989






TABLE L


Conversion from Single Life to 
50% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 
Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	

A
G
E




O
F




B
E     
N
E
F
I
C
I
A
R
Y
	25
	0.9645
	0.9616
	0.9586
	0.9553
	0.9519
	0.9483
	0.9444
	0.9403
	0.9360
	0.9314
	0.9266
	0.9215
	0.9159
	0.9101
	0.9039
	0.8974
	0.8903

	26
	0.9651
	0.9622
	0.9592
	0.9559
	0.9526
	0.9490
	0.9451
	0.9411
	0.9367
	0.9321
	0.9274
	0.9222
	0.9167
	0.9109
	0.9047
	0.8982
	0.8912

	27
	0.9657
	0.9628
	0.9598
	0.9566
	0.9533
	0.9497
	0.9458
	0.9417
	0.9374
	0.9329
	0.9281
	0.9230
	0.9175
	0.9117
	0.9055
	0.8990
	0.8920

	28
	0.9662
	0.9635
	0.9605
	0.9573
	0.9539
	0.9504
	0.9465
	0.9425
	0.9383
	0.9337
	0.9289
	0.9238
	0.9184
	0.9126
	0.9064
	0.8999
	0.8929

	29
	0.9669
	0.9641
	0.9611
	0.9580
	0.9547
	0.9511
	0.9473
	0.9433
	0.9391
	0.9345
	0.9298
	0.9247
	0.9192
	0.9135
	0.9073
	0.9008
	0.8939

	30
	0.9675
	0.9648
	0.9619
	0.9587
	0.9554
	0.9519
	0.9481
	0.9442
	0.9399
	0.9354
	0.9307
	0.9256
	0.9201
	0.9145
	0.9083
	0.9018
	0.8949

	31
	0.9682
	0.9654
	0.9626
	0.9595
	0.9562
	0.9527
	0.9490
	0.9450
	0.9408
	0.9363
	0.9316
	0.9266
	0.9212
	0.9154
	0.9093
	0.9029
	0.8959

	32
	0.9689
	0.9662
	0.9634
	0.9602
	0.9570
	0.9535
	0.9498
	0.9459
	0.9417
	0.9373
	0.9326
	0.9276
	0.9222
	0.9166
	0.9104
	0.9040
	0.8971

	33
	0.9696
	0.9669
	0.9641
	0.9610
	0.9579
	0.9544
	0.9507
	0.9468
	0.9426
	0.9383
	0.9336
	0.9287
	0.9233
	0.9176
	0.9115
	0.9051
	0.8982

	34
	0.9703
	0.9677
	0.9649
	0.9619
	0.9587
	0.9553
	0.9517
	0.9478
	0.9437
	0.9393
	0.9347
	0.9297
	0.9244
	0.9188
	0.9127
	0.9063
	0.8995

	35
	0.9711
	0.9685
	0.9658
	0.9628
	0.9596
	0.9563
	0.9526
	0.9488
	0.9447
	0.9404
	0.9358
	0.9309
	0.9256
	0.9200
	0.9140
	0.9077
	0.9008

	36
	0.9718
	0.9693
	0.9666
	0.9636
	0.9605
	0.9572
	0.9536
	0.9498
	0.9458
	0.9415
	0.9370
	0.9321
	0.9268
	0.9213
	0.9153
	0.9089
	0.9021

	37
	0.9726
	0.9701
	0.9674
	0.9645
	0.9615
	0.9582
	0.9546
	0.9509
	0.9469
	0.9426
	0.9382
	0.9333
	0.9280
	0.9226
	0.9166
	0.9104
	0.9036

	38
	0.9734
	0.9710
	0.9683
	0.9655
	0.9624
	0.9592
	0.9557
	0.9520
	0.9481
	0.9439
	0.9394
	0.9346
	0.9294
	0.9240
	0.9181
	0.9118
	0.9051

	39
	0.9742
	0.9718
	0.9692
	0.9664
	0.9635
	0.9603
	0.9568
	0.9531
	0.9492
	0.9451
	0.9407
	0.9360
	0.9308
	0.9254
	0.9195
	0.9133
	0.9067

	40
	0.9750
	0.9726
	0.9701
	0.9673
	0.9645
	0.9613
	0.9579
	0.9544
	0.9505
	0.9464
	0.9420
	0.9373
	0.9322
	0.9269
	0.9211
	0.9149
	0.9083

	41
	0.9758
	0.9735
	0.9710
	0.9683
	0.9655
	0.9624
	0.9591
	0.9556
	0.9517
	0.9477
	0.9434
	0.9388
	0.9337
	0.9285
	0.9227
	0.9166
	0.9100

	42
	0.9766
	0.9744
	0.9719
	0.9693
	0.9665
	0.9635
	0.9602
	0.9568
	0.9530
	0.9491
	0.9448
	0.9402
	0.9353
	0.9301
	0.9243
	0.9183
	0.9118

	43
	0.9774
	0.9753
	0.9729
	0.9703
	0.9676
	0.9646
	0.9614
	0.9580
	0.9543
	0.9505
	0.9463
	0.9417
	0.9369
	0.9317
	0.9261
	0.9200
	0.9136

	44
	0.9783
	0.9761
	0.9738
	0.9713
	0.9686
	0.9658
	0.9626
	0.9593
	0.9557
	0.9518
	0.9478
	0.9433
	0.9385
	0.9334
	0.9278
	0.9219
	0.9155

	45
	0.9790
	0.9770
	0.9748
	0.9723
	0.9697
	0.9669
	0.9638
	0.9606
	0.9571
	0.9533
	0.9493
	0.9449
	0.9401
	0.9352
	0.9296
	0.9238
	0.9175

	46
	0.9799
	0.9778
	0.9757
	0.9733
	0.9708
	0.9681
	0.9651
	0.9619
	0.9584
	0.9548
	0.9508
	0.9465
	0.9418
	0.9369
	0.9315
	0.9258
	0.9195

	47
	0.9807
	0.9787
	0.9766
	0.9743
	0.9719
	0.9692
	0.9663
	0.9632
	0.9599
	0.9562
	0.9524
	0.9482
	0.9436
	0.9387
	0.9334
	0.9277
	0.9216

	48
	0.9815
	0.9796
	0.9775
	0.9753
	0.9730
	0.9704
	0.9675
	0.9645
	0.9613
	0.9577
	0.9539
	0.9499
	0.9453
	0.9406
	0.9354
	0.9297
	0.9237

	49
	0.9823
	0.9804
	0.9785
	0.9763
	0.9741
	0.9715
	0.9688
	0.9659
	0.9627
	0.9593
	0.9556
	0.9516
	0.9471
	0.9425
	0.9374
	0.9319
	0.9259

	50
	0.9831
	0.9813
	0.9794
	0.9773
	0.9751
	0.9727
	0.9700
	0.9672
	0.9641
	0.9608
	0.9572
	0.9532
	0.9489
	0.9444
	0.9394
	0.9340
	0.9282

	51
	0.9838
	0.9821
	0.9803
	0.9783
	0.9761
	0.9739
	0.9712
	0.9685
	0.9655
	0.9622
	0.9588
	0.9550
	0.9508
	0.9464
	0.9415
	0.9362
	0.9305

	52
	0.9846
	0.9830
	0.9812
	0.9792
	0.9772
	0.9750
	0.9725
	0.9698
	0.9670
	0.9638
	0.9605
	0.9567
	0.9527
	0.9483
	0.9435
	0.9384
	0.9328

	53
	0.9853
	0.9838
	0.9821
	0.9802
	0.9782
	0.9761
	0.9737
	0.9712
	0.9684
	0.9653
	0.9620
	0.9585
	0.9546
	0.9503
	0.9456
	0.9406
	0.9351

	54
	0.9860
	0.9846
	0.9830
	0.9812
	0.9793
	0.9772
	0.9749
	0.9724
	0.9698
	0.9668
	0.9637
	0.9602
	0.9564
	0.9523
	0.9478
	0.9429
	0.9376

	55
	0.9867
	0.9853
	0.9839
	0.9821
	0.9803
	0.9783
	0.9761
	0.9738
	0.9711
	0.9683
	0.9653
	0.9620
	0.9582
	0.9544
	0.9499
	0.9452
	0.9400






TABLE L


Conversion from Single Life to 
50% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1





	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9874
	0.9861
	0.9846
	0.9830
	0.9813
	0.9794
	0.9773
	0.9750
	0.9726
	0.9698
	0.9670
	0.9637
	0.9602
	0.9563
	0.9521
	0.9475
	0.9424

	57
	0.9881
	0.9868
	0.9855
	0.9839
	0.9823
	0.9804
	0.9785
	0.9763
	0.9739
	0.9714
	0.9686
	0.9654
	0.9620
	0.9583
	0.9542
	0.9498
	0.9449

	58
	0.9887
	0.9876
	0.9863
	0.9848
	0.9832
	0.9815
	0.9796
	0.9775
	0.9753
	0.9728
	0.9701
	0.9672
	0.9638
	0.9604
	0.9563
	0.9521
	0.9473

	59
	0.9894
	0.9883
	0.9870
	0.9856
	0.9842
	0.9825
	0.9807
	0.9788
	0.9766
	0.9742
	0.9717
	0.9689
	0.9657
	0.9623
	0.9585
	0.9544
	0.9498

	60
	0.9901
	0.9890
	0.9877
	0.9864
	0.9850
	0.9835
	0.9818
	0.9799
	0.9778
	0.9756
	0.9733
	0.9705
	0.9675
	0.9643
	0.9606
	0.9567
	0.9523

	61
	0.9906
	0.9896
	0.9885
	0.9872
	0.9859
	0.9845
	0.9828
	0.9811
	0.9791
	0.9770
	0.9747
	0.9722
	0.9693
	0.9662
	0.9627
	0.9589
	0.9547

	62
	0.9912
	0.9902
	0.9892
	0.9880
	0.9868
	0.9854
	0.9839
	0.9822
	0.9803
	0.9784
	0.9762
	0.9738
	0.9710
	0.9681
	0.9648
	0.9612
	0.9572

	63
	0.9918
	0.9909
	0.9899
	0.9888
	0.9876
	0.9863
	0.9848
	0.9833
	0.9815
	0.9797
	0.9777
	0.9754
	0.9728
	0.9699
	0.9668
	0.9634
	0.9595

	64
	0.9923
	0.9915
	0.9906
	0.9895
	0.9884
	0.9872
	0.9858
	0.9844
	0.9827
	0.9810
	0.9790
	0.9768
	0.9744
	0.9718
	0.9688
	0.9655
	0.9618

	65
	0.9929
	0.9920
	0.9912
	0.9902
	0.9892
	0.9880
	0.9867
	0.9853
	0.9838
	0.9822
	0.9804
	0.9783
	0.9760
	0.9735
	0.9707
	0.9676
	0.9642

	66
	0.9933
	0.9926
	0.9917
	0.9908
	0.9899
	0.9888
	0.9876
	0.9863
	0.9849
	0.9833
	0.9817
	0.9797
	0.9776
	0.9753
	0.9726
	0.9697
	0.9664

	67
	0.9938
	0.9931
	0.9924
	0.9914
	0.9906
	0.9896
	0.9884
	0.9873
	0.9859
	0.9845
	0.9829
	0.9812
	0.9791
	0.9769
	0.9744
	0.9716
	0.9685

	68
	0.9943
	0.9936
	0.9928
	0.9921
	0.9912
	0.9904
	0.9892
	0.9882
	0.9869
	0.9856
	0.9841
	0.9824
	0.9805
	0.9785
	0.9761
	0.9736
	0.9706

	69
	0.9947
	0.9941
	0.9934
	0.9926
	0.9919
	0.9910
	0.9900
	0.9890
	0.9878
	0.9866
	0.9852
	0.9837
	0.9819
	0.9800
	0.9778
	0.9754
	0.9727

	70
	0.9950
	0.9945
	0.9939
	0.9932
	0.9925
	0.9917
	0.9908
	0.9898
	0.9887
	0.9875
	0.9863
	0.9849
	0.9832
	0.9815
	0.9794
	0.9772
	0.9746

	71
	0.9954
	0.9949
	0.9943
	0.9937
	0.9931
	0.9923
	0.9915
	0.9906
	0.9896
	0.9885
	0.9873
	0.9860
	0.9845
	0.9829
	0.9809
	0.9789
	0.9765

	72
	0.9958
	0.9953
	0.9948
	0.9942
	0.9936
	0.9929
	0.9921
	0.9913
	0.9904
	0.9894
	0.9883
	0.9871
	0.9857
	0.9841
	0.9824
	0.9805
	0.9783

	73
	0.9961
	0.9957
	0.9952
	0.9946
	0.9941
	0.9935
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892
	0.9881
	0.9868
	0.9854
	0.9838
	0.9820
	0.9799

	74
	0.9965
	0.9960
	0.9956
	0.9951
	0.9946
	0.9940
	0.9933
	0.9927
	0.9918
	0.9910
	0.9901
	0.9890
	0.9878
	0.9866
	0.9851
	0.9835
	0.9815

	75
	0.9968
	0.9964
	0.9960
	0.9955
	0.9951
	0.9945
	0.9939
	0.9932
	0.9925
	0.9918
	0.9909
	0.9900
	0.9888
	0.9877
	0.9863
	0.9848
	0.9830

	76
	0.9971
	0.9967
	0.9963
	0.9958
	0.9955
	0.9950
	0.9943
	0.9938
	0.9932
	0.9924
	0.9917
	0.9908
	0.9898
	0.9887
	0.9874
	0.9861
	0.9845

	77
	0.9973
	0.9970
	0.9966
	0.9962
	0.9959
	0.9954
	0.9948
	0.9943
	0.9937
	0.9931
	0.9924
	0.9916
	0.9906
	0.9897
	0.9886
	0.9873
	0.9858

	78
	0.9976
	0.9972
	0.9970
	0.9965
	0.9962
	0.9958
	0.9953
	0.9948
	0.9942
	0.9937
	0.9930
	0.9924
	0.9915
	0.9906
	0.9895
	0.9884
	0.9871

	79
	0.9978
	0.9975
	0.9972
	0.9969
	0.9965
	0.9962
	0.9957
	0.9953
	0.9947
	0.9943
	0.9937
	0.9930
	0.9922
	0.9915
	0.9905
	0.9894
	0.9881

	80
	0.9979
	0.9977
	0.9974
	0.9971
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922
	0.9913
	0.9904
	0.9892

	81
	0.9982
	0.9979
	0.9977
	0.9974
	0.9972
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952
	0.9948
	0.9942
	0.9936
	0.9930
	0.9921
	0.9913
	0.9902

	82
	0.9983
	0.9982
	0.9979
	0.9976
	0.9974
	0.9971
	0.9968
	0.9964
	0.9961
	0.9957
	0.9952
	0.9948
	0.9942
	0.9936
	0.9928
	0.9921
	0.9911

	83
	0.9985
	0.9983
	0.9982
	0.9978
	0.9977
	0.9974
	0.9970
	0.9968
	0.9964
	0.9960
	0.9957
	0.9953
	0.9947
	0.9942
	0.9935
	0.9928
	0.9919

	84
	0.9987
	0.9985
	0.9983
	0.9981
	0.9979
	0.9976
	0.9974
	0.9971
	0.9967
	0.9965
	0.9961
	0.9957
	0.9952
	0.9947
	0.9941
	0.9935
	0.9928

	85
	0.9988
	0.9986
	0.9985
	0.9982
	0.9981
	0.9979
	0.9976
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9956
	0.9952
	0.9946
	0.9941
	0.9935




TABLE L
Conversion from Single Life to 
50% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.8828
	0.8749
	0.8665
	0.8576
	0.8481
	0.8382
	0.8277
	0.8167
	0.8052
	0.7932
	0.7806
	0.7676
	0.7541
	0.7400
	0.7254
	0.7102
	0.6948

	26
	0.8837
	0.8757
	0.8673
	0.8584
	0.8490
	0.8391
	0.8286
	0.8176
	0.8062
	0.7940
	0.7815
	0.7685
	0.7550
	0.7409
	0.7263
	0.7111
	0.6957

	27
	0.8845
	0.8766
	0.8682
	0.8594
	0.8499
	0.8399
	0.8295
	0.8185
	0.8071
	0.7950
	0.7825
	0.7695
	0.7559
	0.7418
	0.7273
	0.7121
	0.6966

	28
	0.8854
	0.8776
	0.8691
	0.8603
	0.8508
	0.8409
	0.8305
	0.8195
	0.8080
	0.7960
	0.7835
	0.7704
	0.7569
	0.7428
	0.7282
	0.7130
	0.6975

	29
	0.8864
	0.8785
	0.8702
	0.8613
	0.8519
	0.8420
	0.8316
	0.8205
	0.8091
	0.7970
	0.7845
	0.7715
	0.7580
	0.7439
	0.7293
	0.7141
	0.6986

	30
	0.8874
	0.8796
	0.8712
	0.8624
	0.8529
	0.8430
	0.8327
	0.8217
	0.8102
	0.7982
	0.7857
	0.7726
	0.7591
	0.7450
	0.7304
	0.7152
	0.6997

	31
	0.8885
	0.8807
	0.8723
	0.8635
	0.8541
	0.8442
	0.8338
	0.8228
	0.8114
	0.7994
	0.7869
	0.7739
	0.7603
	0.7462
	0.7316
	0.7165
	0.7010

	32
	0.8896
	0.8818
	0.8735
	0.8647
	0.8553
	0.8454
	0.8351
	0.8241
	0.8126
	0.8007
	0.7881
	0.7751
	0.7616
	0.7475
	0.7329
	0.7177
	0.7023

	33
	0.8908
	0.8830
	0.8747
	0.8660
	0.8566
	0.8467
	0.8364
	0.8254
	0.8140
	0.8020
	0.7895
	0.7765
	0.7629
	0.7489
	0.7343
	0.7191
	0.7036

	34
	0.8921
	0.8844
	0.8761
	0.8673
	0.8580
	0.8481
	0.8377
	0.8268
	0.8154
	0.8034
	0.7909
	0.7779
	0.7644
	0.7503
	0.7357
	0.7205
	0.7050

	35
	0.8934
	0.8857
	0.8774
	0.8687
	0.8594
	0.8495
	0.8392
	0.8283
	0.8169
	0.8049
	0.7925
	0.7795
	0.7659
	0.7519
	0.7373
	0.7221
	0.7066

	36
	0.8949
	0.8871
	0.8789
	0.8701
	0.8609
	0.8511
	0.8407
	0.8299
	0.8185
	0.8065
	0.7941
	0.7811
	0.7676
	0.7535
	0.7389
	0.7238
	0.7082

	37
	0.8963
	0.8886
	0.8804
	0.8717
	0.8624
	0.8527
	0.8424
	0.8315
	0.8201
	0.8082
	0.7957
	0.7828
	0.7693
	0.7553
	0.7406
	0.7254
	0.7099

	38
	0.8979
	0.8902
	0.8820
	0.8734
	0.8642
	0.8544
	0.8441
	0.8332
	0.8219
	0.8099
	0.7975
	0.7846
	0.7711
	0.7571
	0.7425
	0.7273
	0.7118

	39
	0.8995
	0.8918
	0.8837
	0.8751
	0.8659
	0.8562
	0.8459
	0.8351
	0.8238
	0.8119
	0.7994
	0.7865
	0.7731
	0.7590
	0.7444
	0.7292
	0.7137

	40
	0.9011
	0.8936
	0.8855
	0.8768
	0.8677
	0.8580
	0.8479
	0.8371
	0.8257
	0.8138
	0.8014
	0.7885
	0.7751
	0.7611
	0.7465
	0.7313
	0.7158

	41
	0.9029
	0.8954
	0.8873
	0.8788
	0.8697
	0.8600
	0.8498
	0.8391
	0.8278
	0.8159
	0.8036
	0.7907
	0.7773
	0.7633
	0.7487
	0.7336
	0.7180

	42
	0.9047
	0.8972
	0.8893
	0.8807
	0.8717
	0.8621
	0.8520
	0.8412
	0.8300
	0.8182
	0.8058
	0.7930
	0.7796
	0.7656
	0.7510
	0.7359
	0.7204

	43
	0.9067
	0.8992
	0.8913
	0.8828
	0.8738
	0.8642
	0.8542
	0.8435
	0.8323
	0.8205
	0.8082
	0.7953
	0.7820
	0.7680
	0.7535
	0.7383
	0.7229

	44
	0.9086
	0.9012
	0.8934
	0.8850
	0.8760
	0.8665
	0.8565
	0.8459
	0.8347
	0.8230
	0.8107
	0.7979
	0.7845
	0.7705
	0.7560
	0.7410
	0.7254

	45
	0.9106
	0.9033
	0.8955
	0.8872
	0.8783
	0.8689
	0.8589
	0.8483
	0.8372
	0.8255
	0.8133
	0.8005
	0.7872
	0.7733
	0.7588
	0.7437
	0.7282

	46
	0.9127
	0.9055
	0.8978
	0.8896
	0.8807
	0.8714
	0.8614
	0.8509
	0.8399
	0.8282
	0.8161
	0.8033
	0.7900
	0.7761
	0.7616
	0.7466
	0.7311

	47
	0.9149
	0.9078
	0.9001
	0.8920
	0.8832
	0.8739
	0.8641
	0.8536
	0.8426
	0.8310
	0.8188
	0.8062
	0.7930
	0.7791
	0.7647
	0.7496
	0.7341

	48
	0.9172
	0.9101
	0.9025
	0.8945
	0.8858
	0.8765
	0.8668
	0.8564
	0.8455
	0.8340
	0.8219
	0.8093
	0.7961
	0.7822
	0.7678
	0.7528
	0.7374

	49
	0.9195
	0.9125
	0.9050
	0.8970
	0.8885
	0.8793
	0.8696
	0.8593
	0.8485
	0.8370
	0.8250
	0.8124
	0.7993
	0.7855
	0.7711
	0.7561
	0.7407

	50
	0.9218
	0.9150
	0.9076
	0.8997
	0.8912
	0.8822
	0.8726
	0.8623
	0.8516
	0.8402
	0.8283
	0.8157
	0.8027
	0.7889
	0.7747
	0.7597
	0.7443

	51
	0.9242
	0.9174
	0.9102
	0.9025
	0.8941
	0.8851
	0.8756
	0.8655
	0.8548
	0.8435
	0.8317
	0.8192
	0.8062
	0.7925
	0.7783
	0.7634
	0.7481

	52
	0.9266
	0.9200
	0.9129
	0.9053
	0.8970
	0.8881
	0.8788
	0.8688
	0.8582
	0.8470
	0.8353
	0.8229
	0.8099
	0.7963
	0.7821
	0.7672
	0.7520

	53
	0.9291
	0.9227
	0.9156
	0.9081
	0.9000
	0.8913
	0.8820
	0.8721
	0.8617
	0.8506
	0.8389
	0.8267
	0.8138
	0.8002
	0.7861
	0.7713
	0.7561

	54
	0.9317
	0.9254
	0.9185
	0.9111
	0.9031
	0.8945
	0.8854
	0.8756
	0.8653
	0.8543
	0.8428
	0.8306
	0.8178
	0.8044
	0.7903
	0.7756
	0.7604

	55
	0.9343
	0.9281
	0.9213
	0.9141
	0.9062
	0.8978
	0.8888
	0.8792
	0.8691
	0.8582
	0.8467
	0.8347
	0.8221
	0.8087
	0.7947
	0.7801
	0.7650






TABLE L


Conversion from Single Life to 
50% Joint and Survivor Without Pop-Up
CECONY Weekly Participants -1 


Age of Pensioner




Exhibit  10.1.1



	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9368
	0.9309
	0.9242
	0.9172
	0.9095
	0.9012
	0.8924
	0.8829
	0.8729
	0.8621
	0.8508
	0.8390
	0.8264
	0.8132
	0.7993
	0.7847
	0.7698

	57
	0.9394
	0.9336
	0.9272
	0.9203
	0.9128
	0.9047
	0.8960
	0.8867
	0.8769
	0.8662
	0.8551
	0.8434
	0.8310
	0.8179
	0.8041
	0.7896
	0.7747

	58
	0.9421
	0.9364
	0.9302
	0.9235
	0.9162
	0.9083
	0.8998
	0.8906
	0.8810
	0.8705
	0.8595
	0.8480
	0.8356
	0.8227
	0.8091
	0.7947
	0.7799

	59
	0.9448
	0.9393
	0.9332
	0.9267
	0.9196
	0.9118
	0.9035
	0.8946
	0.8851
	0.8749
	0.8641
	0.8526
	0.8405
	0.8278
	0.8142
	0.8000
	0.7854

	60
	0.9474
	0.9420
	0.9362
	0.9299
	0.9230
	0.9154
	0.9074
	0.8986
	0.8894
	0.8793
	0.8687
	0.8575
	0.8456
	0.8329
	0.8196
	0.8056
	0.7910

	61
	0.9500
	0.9449
	0.9393
	0.9331
	0.9264
	0.9192
	0.9113
	0.9028
	0.8937
	0.8839
	0.8735
	0.8625
	0.8508
	0.8383
	0.8252
	0.8113
	0.7969

	62
	0.9526
	0.9477
	0.9423
	0.9364
	0.9299
	0.9228
	0.9152
	0.9069
	0.8981
	0.8885
	0.8784
	0.8676
	0.8561
	0.8439
	0.8309
	0.8172
	0.8030

	63
	0.9553
	0.9505
	0.9453
	0.9396
	0.9334
	0.9265
	0.9192
	0.9111
	0.9026
	0.8932
	0.8833
	0.8727
	0.8615
	0.8495
	0.8368
	0.8233
	0.8093

	64
	0.9577
	0.9532
	0.9483
	0.9429
	0.9368
	0.9302
	0.9231
	0.9153
	0.9070
	0.8979
	0.8883
	0.8780
	0.8670
	0.8553
	0.8428
	0.8295
	0.8158

	65
	0.9602
	0.9559
	0.9512
	0.9460
	0.9402
	0.9339
	0.9271
	0.9196
	0.9115
	0.9027
	0.8934
	0.8833
	0.8726
	0.8611
	0.8489
	0.8359
	0.8224

	66
	0.9627
	0.9586
	0.9541
	0.9491
	0.9436
	0.9376
	0.9310
	0.9238
	0.9159
	0.9075
	0.8984
	0.8887
	0.8783
	0.8671
	0.8551
	0.8425
	0.8291

	67
	0.9651
	0.9612
	0.9569
	0.9522
	0.9469
	0.9411
	0.9348
	0.9279
	0.9204
	0.9122
	0.9035
	0.8940
	0.8839
	0.8731
	0.8614
	0.8490
	0.8360

	68
	0.9674
	0.9637
	0.9596
	0.9552
	0.9502
	0.9447
	0.9386
	0.9320
	0.9248
	0.9169
	0.9085
	0.8994
	0.8896
	0.8790
	0.8678
	0.8557
	0.8429

	69
	0.9696
	0.9661
	0.9623
	0.9581
	0.9534
	0.9481
	0.9424
	0.9360
	0.9291
	0.9216
	0.9135
	0.9047
	0.8953
	0.8851
	0.8741
	0.8623
	0.8500

	70
	0.9717
	0.9685
	0.9648
	0.9609
	0.9564
	0.9514
	0.9460
	0.9400
	0.9334
	0.9262
	0.9185
	0.9100
	0.9009
	0.8911
	0.8804
	0.8690
	0.8570

	71
	0.9737
	0.9708
	0.9674
	0.9636
	0.9594
	0.9547
	0.9496
	0.9438
	0.9376
	0.9307
	0.9233
	0.9153
	0.9065
	0.8971
	0.8869
	0.8758
	0.8641

	72
	0.9757
	0.9729
	0.9697
	0.9662
	0.9622
	0.9578
	0.9530
	0.9476
	0.9417
	0.9351
	0.9280
	0.9204
	0.9120
	0.9029
	0.8931
	0.8825
	0.8712

	73
	0.9776
	0.9750
	0.9720
	0.9687
	0.9650
	0.9608
	0.9563
	0.9512
	0.9456
	0.9395
	0.9327
	0.9254
	0.9174
	0.9087
	0.8993
	0.8890
	0.8782

	74
	0.9794
	0.9769
	0.9742
	0.9711
	0.9677
	0.9638
	0.9595
	0.9547
	0.9494
	0.9436
	0.9372
	0.9303
	0.9227
	0.9145
	0.9054
	0.8956
	0.8852

	75
	0.9811
	0.9788
	0.9763
	0.9734
	0.9701
	0.9665
	0.9626
	0.9580
	0.9531
	0.9476
	0.9416
	0.9351
	0.9279
	0.9200
	0.9114
	0.9020
	0.8920

	76
	0.9826
	0.9806
	0.9782
	0.9755
	0.9726
	0.9691
	0.9654
	0.9613
	0.9566
	0.9515
	0.9459
	0.9397
	0.9329
	0.9254
	0.9172
	0.9083
	0.8988

	77
	0.9841
	0.9822
	0.9800
	0.9776
	0.9748
	0.9716
	0.9682
	0.9643
	0.9600
	0.9552
	0.9498
	0.9441
	0.9377
	0.9306
	0.9228
	0.9143
	0.9053

	78
	0.9854
	0.9837
	0.9817
	0.9795
	0.9769
	0.9740
	0.9708
	0.9672
	0.9632
	0.9587
	0.9537
	0.9483
	0.9422
	0.9356
	0.9283
	0.9202
	0.9116

	79
	0.9868
	0.9852
	0.9833
	0.9813
	0.9789
	0.9762
	0.9732
	0.9699
	0.9662
	0.9619
	0.9573
	0.9522
	0.9466
	0.9403
	0.9335
	0.9259
	0.9178

	80
	0.9880
	0.9865
	0.9848
	0.9829
	0.9808
	0.9783
	0.9755
	0.9724
	0.9690
	0.9650
	0.9608
	0.9560
	0.9508
	0.9449
	0.9384
	0.9313
	0.9236

	81
	0.9891
	0.9877
	0.9861
	0.9845
	0.9824
	0.9802
	0.9777
	0.9748
	0.9717
	0.9680
	0.9640
	0.9596
	0.9547
	0.9493
	0.9432
	0.9365
	0.9292

	82
	0.9901
	0.9888
	0.9875
	0.9859
	0.9841
	0.9819
	0.9796
	0.9770
	0.9741
	0.9707
	0.9671
	0.9629
	0.9584
	0.9534
	0.9477
	0.9414
	0.9346

	83
	0.9910
	0.9899
	0.9886
	0.9872
	0.9855
	0.9836
	0.9816
	0.9791
	0.9764
	0.9733
	0.9699
	0.9662
	0.9619
	0.9572
	0.9519
	0.9460
	0.9397

	84
	0.9918
	0.9908
	0.9896
	0.9884
	0.9869
	0.9851
	0.9833
	0.9810
	0.9786
	0.9757
	0.9726
	0.9691
	0.9652
	0.9608
	0.9560
	0.9504
	0.9445

	85
	0.9927
	0.9918
	0.9907
	0.9895
	0.9882
	0.9865
	0.9848
	0.9828
	0.9806
	0.9779
	0.9750
	0.9719
	0.9683
	0.9643
	0.9597
	0.9547
	0.9492











Exhibit  10.1.1



Sub appendix A. 2
TABLE A  - 
O&R Participants For Distributions Beginning Before July 1, 2004


Joint And 100% Survivorship Option Without Pop-up


	
								
	 
	Participant’s Age

	 
	25 to
27
	28 
to 30
	31 
to 33
	34 
to 36
	37 
to 39
	40 
to 42
	43 
to 45

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	91
	90
	89
	87
	85
	83
	81

	17 to 19
	92
	90
	    89
	88
	86
	84
	82

	14 to 16
	92
	91
	90
	88
	87
	85
	83

	11 to 13
	92
	91
	90
	89
	87
	86
	84

	8 to 10
	93
	92
	91
	90
	88
	87
	85

	5 to 7
	93
	93
	92
	90
	89
	88
	86

	2 to 4
	94
	93
	92
	91
	90
	89
	87

	0 to 1
	94
	94
	93
	92
	91
	90
	89

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	94
	94
	93
	92
	91
	90
	89

	2 to 4
	95
	94
	94
	93
	92
	91
	90

	5 to 7
	96
	95
	94
	94
	93
	92
	91

	8 to 10
	96
	96
	95
	94
	94
	93
	92

	11 to 13
	97
	96
	96
	95
	95
	94
	93

	14 to 16
	97
	97
	96
	96
	95
	95
	94

	17 to 19
	97
	97
	97
	96
	96
	96
	95

	20 or more
	98
	98
	97
	97
	97
	96
	96






		
	Note:
	Ages for determination of option reduction:  Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.  




































Exhibit  10.1.1



Sub appendix A. 2
TABLE A  - 
O&R Participants 
For Distributions Beginning Before July 1, 2004


Joint And 100% Survivorship Option Without Pop-up


	
								
	 
	Participant’s Age

	 
	46 to
48
	49 to
51
	52 to
54
	55 to
57
	58 to
60
	61 to
63
	64 and
over

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	79
	76
	74
	71
	68
	64
	61

	17 to 19
	80
	78
	75
	72
	69
	66
	63

	14 to 16
	81
	79
	76
	74
	71
	68
	65

	11 to 13
	82
	80
	78
	75
	73
	70
	67

	8 to 10
	83
	81
	79
	77
	74
	72
	69

	5 to 7
	85
	83
	81
	79
	77
	74
	72

	2 to 4
	86
	84
	83
	81
	79
	77
	75

	0 to 1
	87
	86
	84
	83
	81
	79
	78

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	87
	86
	84
	83
	81
	79
	78

	2 to 4
	89
	87
	86
	85
	83
	82
	81

	5 to 7
	90
	89
	88
	87
	86
	85
	83

	8 to 10
	91
	91
	90
	89
	88
	87
	86

	11 to 13
	93
	92
	91
	91
	90
	89
	89

	14 to 16
	94
	93
	93
	92
	92
	92
	91

	17 to 19
	95
	95
	94
	94
	94
	94
	93

	20 or more
	96
	96
	96
	95
	95
	95
	95








		
	Note: 
	Ages for determination of option reduction: Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.


































Exhibit  10.1.1



Sub appendix A. 2
Table B  - O&R Participants
For Distributions Beginning Before July 1, 2004


Joint And 50% Survivorship Option Factors Without Pop-Up




	
								
	 
	Participant’s Age

	 
	25 to
27
	28 
to 30
	31 
to 33
	34 
to 36
	37 
to 39
	40 
to 42
	43 
to 45

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	95
	95
	94
	93
	92
	91
	90

	17 to 19
	96
	95
	   94
	93
	92
	91
	90

	14 to 16
	96
	95
	95
	94
	93
	92
	91

	11 to 13
	96
	96
	95
	94
	93
	92
	91

	8 to 10
	96
	96
	95
	95
	94
	93
	92

	5 to 7
	97
	96
	96
	95
	94
	93
	93

	2 to 4
	97
	96
	96
	95
	95
	94
	93

	0 to 1
	97
	97
	96
	96
	95
	95
	94

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	97
	97
	96
	96
	95
	95
	94

	2 to 4
	97
	97
	97
	96
	96
	95
	95

	5 to 7
	98
	97
	97
	97
	96
	96
	95

	8 to 10
	98
	98
	97
	97
	97
	96
	96

	11 to 13
	98
	98
	98
	97
	97
	97
	97

	14 to 16
	98
	98
	98
	98
	98
	97
	97

	17 to 19
	99
	99
	98
	98
	98
	98
	98

	20 or more
	99
	99
	99
	98
	98
	98
	98






		
	Note: 
	Ages for determination of option reduction: Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.


































Exhibit  10.1.1



Sub appendix A. 2
Table B  - O&R Participants
For Distributions Beginning Before July 1, 2004


Joint And 50% Survivorship Option Without Pop-Up


	
								
	 
	Participant’s Age

	 
	46 to
48
	49 to
51
	52 to
54
	55 to
57
	58 to
60
	61 to
63
	64 and
over

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	88
	87
	85
	83
	81
	78
	76

	17 to 19
	89
	87
	86
	84
	82
	79
	77

	14 to 16
	89
	88
	86
	85
	83
	81
	78

	11 to 13
	90
	89
	87
	86
	84
	82
	80

	8 to 10
	91
	90
	88
	87
	85
	84
	82

	5 to 7
	92
	91
	89
	88
	87
	85
	84

	2 to 4
	92
	91
	90
	89
	88
	87
	85

	0 to 1
	93
	92
	91
	91
	89
	88
	87

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	93
	92
	91
	91
	89
	88
	87

	2 to 4
	94
	93
	93
	92
	91
	90
	89

	5 to 7
	95
	94
	94
	93
	92
	92
	91

	8 to 10
	96
	95
	95
	94
	94
	93
	93

	11 to 13
	96
	96
	95
	95
	95
	94
	94

	14 to 16
	97
	97
	96
	96
	96
	96
	95

	17 to 19
	97
	97
	97
	97
	97
	97
	96

	20 or more
	98
	98
	98
	98
	98
	98
	98






		
	Note: 
	Ages for determination of option reduction: Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.






































Exhibit  10.1.1



Sub appendix A. 2
Table C  - 
O&R Participants
For Distributions Beginning Before July 1, 2004


Joint And 100% Survivorship Option With Pop-Up


	
								
	 
	Participant’s Age

	 
	25 to
27
	28 
to 30
	31 
to 33
	34 
to 36
	37 
to 39
	40 
to 42
	43 
to 45

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	91
	90
	89
	87
	85
	83
	81

	17 to 19
	92
	90
	89
	88
	86
	84
	82

	14 to 16
	92
	91
	90
	88
	87
	85
	83

	11 to 13
	92
	91
	90
	89
	87
	86
	84

	8 to 10
	93
	92
	91
	89
	88
	86
	85

	5 to 7
	93
	92
	91
	90
	89
	87
	86

	2 to 4
	94
	93
	92
	91
	90
	88
	87

	0 to 1
	94
	93
	93
	92
	90
	89
	88

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	94
	93
	93
	92
	90
	89
	88

	2 to 4
	95
	94
	93
	92
	91
	90
	89

	5 to 7
	95
	95
	94
	93
	92
	91
	90

	8 to 10
	96
	95
	94
	94
	93
	92
	91

	11 to 13
	96
	96
	95
	94
	94
	93
	92

	14 to 16
	97
	96
	96
	95
	94
	94
	93

	17 to 19
	97
	97
	96
	96
	95
	94
	94

	20 or more
	97
	97
	97
	96
	96
	95
	95






		
	Note: 
	Ages for determination of option reduction: Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.


































Exhibit  10.1.1



Sub appendix A. 2
Table C  - 
O&R Participants
For Distributions Beginning Before July 1, 2004


Joint And 100% Survivorship With Pop-Up Option Factors


	
								
	 
	Participant’s Age

	 
	46 to
48
	49 to
51
	52 to
54
	55 to
57
	58 to
60
	61 to
63
	64 and
over

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	79
	76
	73
	70
	67
	64
	60

	17 to 19
	80
	77
	    74
	71
	68
	65
	62

	14 to 16
	81
	78
	76
	73
	69
	67
	63

	11 to 13
	82
	79
	77
	74
	71
	68
	65

	8 to 10
	83
	80
	78
	76
	73
	70
	67

	5 to 7
	84
	82
	80
	77
	75
	72
	69

	2 to 4
	85
	83
	81
	79
	77
	74
	72

	0 to 1
	86
	84
	83
	81
	79
	76
	74

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	86
	84
	83
	81
	79
	76
	74

	2 to 4
	87
	86
	84
	82
	80
	78
	76

	5 to 7
	89
	87
	86
	84
	82
	81
	79

	8 to 10
	90
	89
	87
	86
	84
	83
	81

	11 to 13
	91
	90
	89
	87
	86
	85
	83

	14 to 16
	92
	91
	90
	89
	88
	87
	86

	17 to 19
	93
	92
	91
	90
	90
	89
	88

	20 or more
	94
	93
	93
	92
	91
	90
	90






		
	Note: 
	Ages for determination of option reduction: Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.




































Exhibit  10.1.1



Sub appendix A. 2
Table D  - 
O&R Participants
For Distributions Beginning Before July 1, 2004


Joint And 50% Survivorship With Pop-Up Option Factors


	
								
	 
	Participant’s Age

	 
	25 to
27
	28 
to 30
	31 
to 33
	34 
to 36
	37 
to 39
	40 
to 42
	43 
to 45

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	95
	95
	94
	93
	92
	91
	90

	17 to 19
	96
	95
	94
	93
	92
	91
	90

	14 to 16
	96
	95
	94
	94
	93
	92
	91

	11 to 13
	96
	95
	95
	94
	93
	92
	91

	8 to 10
	96
	96
	95
	94
	94
	93
	92

	5 to 7
	97
	96
	95
	95
	94
	93
	92

	2 to 4
	97
	96
	96
	95
	94
	94
	93

	0 to 1
	97
	97
	96
	96
	95
	94
	93

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	97
	97
	96
	96
	95
	94
	93

	2 to 4
	97
	97
	96
	96
	95
	95
	94

	5 to 7
	98
	97
	97
	96
	96
	95
	95

	8 to 10
	98
	97
	97
	97
	96
	96
	95

	11 to 13
	98
	98
	97
	97
	97
	96
	96

	14 to 16
	98
	98
	98
	97
	97
	97
	96

	17 to 19
	98
	98
	98
	98
	97
	97
	97

	20 or more
	99
	98
	98
	98
	98
	97
	97






		
	Note: 
	Ages for determination of option reduction: Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.




































Exhibit  10.1.1



Sub appendix A. 2
Table D  - 
O&R Participants
For Distributions Beginning Before July 1, 2004


Joint And 50% Survivorship With Pop-Up Option Factors


	
								
	 
	Participant’s Age

	 
	46 to
48
	49 to
51
	52 to
54
	55 to
57
	58 to
60
	61 to
63
	64 and
over

	Difference in
Contingent
Annuitant's Age
	 
	 
	 
	 
	 
	 
	 

	Years Younger
	%
	%
	%
	%
	%
	%
	%

	20 or more
	88
	86
	84
	82
	80
	78
	75

	17 to 19
	89
	87
	85
	83
	81
	79
	76

	14 to 16
	89
	88
	86
	84
	82
	80
	77

	11 to 13
	90
	88
	87
	85
	83
	81
	79

	8 to 10
	90
	89
	88
	86
	84
	82
	80

	5 to 7
	91
	90
	89
	87
	85
	84
	82

	2 to 4
	92
	91
	90
	88
	87
	85
	83

	0 to 1
	93
	92
	90
	89
	88
	86
	85

	 
	 
	 
	 
	 
	 
	 
	 

	Years Older
	%
	%
	%
	%
	%
	%
	%

	0 to 1
	93
	92
	90
	89
	88
	86
	85

	2 to 4
	93
	92
	91
	90
	89
	88
	87

	5 to 7
	94
	93
	92
	91
	90
	89
	88

	8 to 10
	95
	94
	93
	92
	91
	91
	90

	11 to 13
	95
	95
	94
	93
	93
	92
	91

	14 to 16
	96
	95
	95
	94
	94
	93
	92

	17 to 19
	96
	96
	95
	95
	94
	94
	94

	20 or more
	97
	97
	96
	96
	95
	95
	95






		
	Note: 
	Ages for determination of option reduction: Step 1:  Determine Participant’s nearest age in terms of years and months at the date payments commence.  Step 2:  Determine difference in Participant’s and contingent annuitant’s dates of birth to nearest year.   Step 3:  Spouse’s nearest age is Participant’s nearest age in Step 1 plus or minus difference determined in Step 2.




































Exhibit  10.1.1



Sub Appendix A. 2
Table  E - 
O&R Participants
For Distributions Beginning Before July 1, 2004


Reduction Factors For 
Vested Participant Spouse’s Allowance Coverage


Applied for each year of coverage after termination of employment (or if later, from the time that the vested Participant has been given notice of his or her right to waive the vested Participant Spouse’s Allowance) and before the earlier of death or the Annuity Starting Date.


Vested Participant’s Age Range    Factors per Year of Coverage


60 and over                .80%
55 - 59                .55%
50 - 54                .35%
45 - 49                .20%
40 - 44                .15%
39 and under                .10%


The factors per year of coverage shall be pro-rated for months of coverage in the established age ranges in a manner determined by the Plan Administrator.






























































Exhibit  10.1.1



Sub appendix A. 2


TABLE F


O&R PARTICIPANTS


For purposes of calculating payment of Actuarial Equivalent which are otherwise not set forth in the Plan, the Plan Administrator has adopted the interest rate and mortality table described in Section 5.01(c)(3) as the interest rate and mortality table to be used on and after January 1, 2000 in all circumstances required by Code Section 417(e) and the regulations thereunder.











Exhibit  10.1.1



Sub appendix A. 2
Table  G -
For Distributions Beginning On And After July 1, 2004
100% Joint And Survivor Without Pop-Up 
O&R Participants


Age of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	20
	0.9504
	0.9466
	0.9426
	0.9384
	0.9339
	0.9290
	0.9240
	0.9187
	0.9130
	0.9070
	0.9007
	0.8941
	0.8871
	0.8798
	0.8721
	0.8642

	G
	21
	0.9517
	0.9480
	0.9440
	0.9399
	0.9354
	0.9306
	0.9256
	0.9203
	0.9147
	0.9087
	0.9025
	0.8958
	0.8889
	0.8816
	0.8740
	0.8660

	E
	22
	0.9531
	0.9494
	0.9455
	0.9413
	0.9369
	0.9322
	0.9272
	0.9220
	0.9163
	0.9105
	0.9043
	0.8976
	0.8907
	0.8835
	0.8759
	0.8679

	 
	23
	0.9544
	0.9508
	0.9469
	0.9429
	0.9385
	0.9338
	0.9289
	0.9237
	0.9181
	0.9123
	0.9061
	0.8995
	0.8926
	0.8854
	0.8778
	0.8699

	O
	24
	0.9558
	0.9522
	0.9484
	0.9444
	0.9401
	0.9354
	0.9306
	0.9255
	0.9199
	0.9142
	0.9080
	0.9014
	0.8946
	0.8874
	0.8799
	0.8720

	F
	25
	0.9571
	0.9536
	0.9499
	0.9460
	0.9417
	0.9372
	0.9323
	0.9272
	0.9218
	0.9160
	0.9099
	0.9034
	0.8966
	0.8895
	0.8820
	0.8741

	 
	26
	0.9585
	0.9551
	0.9514
	0.9476
	0.9434
	0.9389
	0.9341
	0.9291
	0.9237
	0.9180
	0.9119
	0.9055
	0.8987
	0.8917
	0.8842
	0.8763

	B
	27
	0.9599
	0.9566
	0.9530
	0.9492
	0.9450
	0.9406
	0.9359
	0.9309
	0.9256
	0.9199
	0.9140
	0.9076
	0.9009
	0.8938
	0.8864
	0.8786

	E
	28
	0.9613
	0.9580
	0.9545
	0.9508
	0.9467
	0.9424
	0.9378
	0.9328
	0.9276
	0.9220
	0.9161
	0.9097
	0.9031
	0.8961
	0.8887
	0.8810

	N
	29
	0.9627
	0.9595
	0.9560
	0.9524
	0.9484
	0.9441
	0.9396
	0.9348
	0.9296
	0.9241
	0.9182
	0.9120
	0.9054
	0.8984
	0.8911
	0.8834

	E
	30
	0.9641
	0.9609
	0.9576
	0.9540
	0.9501
	0.9459
	0.9415
	0.9368
	0.9316
	0.9262
	0.9204
	0.9142
	0.9077
	0.9008
	0.8935
	0.8859

	F
	31
	0.9655
	0.9624
	0.9591
	0.9556
	0.9518
	0.9477
	0.9434
	0.9387
	0.9336
	0.9284
	0.9226
	0.9165
	0.9101
	0.9033
	0.8960
	0.8884

	I
	32
	0.9668
	0.9638
	0.9606
	0.9572
	0.9535
	0.9495
	0.9453
	0.9407
	0.9358
	0.9305
	0.9249
	0.9189
	0.9125
	0.9058
	0.8986
	0.8911

	C
	33
	0.9681
	0.9652
	0.9622
	0.9589
	0.9552
	0.9513
	0.9472
	0.9427
	0.9379
	0.9327
	0.9272
	0.9212
	0.9150
	0.9083
	0.9013
	0.8938

	I
	34
	0.9694
	0.9667
	0.9637
	0.9605
	0.9570
	0.9532
	0.9491
	0.9447
	0.9400
	0.9349
	0.9295
	0.9236
	0.9174
	0.9109
	0.9039
	0.8966

	A
	35
	0.9708
	0.9680
	0.9652
	0.9620
	0.9587
	0.9549
	0.9510
	0.9467
	0.9421
	0.9371
	0.9318
	0.9261
	0.9200
	0.9135
	0.9067
	0.8994

	R
	36
	0.9720
	0.9694
	0.9667
	0.9636
	0.9603
	0.9567
	0.9529
	0.9487
	0.9442
	0.9393
	0.9341
	0.9285
	0.9226
	0.9163
	0.9095
	0.9023

	Y
	37
	0.9733
	0.9708
	0.9681
	0.9652
	0.9620
	0.9585
	0.9548
	0.9508
	0.9463
	0.9416
	0.9365
	0.9310
	0.9251
	0.9189
	0.9123
	0.9052

	 
	38
	0.9745
	0.9721
	0.9695
	0.9667
	0.9636
	0.9602
	0.9566
	0.9527
	0.9484
	0.9438
	0.9389
	0.9335
	0.9277
	0.9217
	0.9151
	0.9082

	 
	39
	0.9757
	0.9734
	0.9709
	0.9682
	0.9652
	0.9620
	0.9585
	0.9547
	0.9505
	0.9461
	0.9412
	0.9360
	0.9304
	0.9244
	0.9180
	0.9112

	 
	40
	0.9768
	0.9746
	0.9723
	0.9697
	0.9668
	0.9637
	0.9603
	0.9567
	0.9526
	0.9483
	0.9436
	0.9385
	0.9330
	0.9272
	0.9209
	0.9142

	 
	41
	0.9780
	0.9758
	0.9736
	0.9711
	0.9683
	0.9654
	0.9621
	0.9585
	0.9546
	0.9505
	0.9459
	0.9409
	0.9356
	0.9299
	0.9238
	0.9172

	 
	42
	0.9791
	0.9771
	0.9749
	0.9725
	0.9698
	0.9670
	0.9639
	0.9604
	0.9567
	0.9527
	0.9482
	0.9434
	0.9382
	0.9327
	0.9267
	0.9203

	 
	43
	0.9801
	0.9782
	0.9761
	0.9739
	0.9713
	0.9686
	0.9656
	0.9623
	0.9587
	0.9548
	0.9505
	0.9458
	0.9408
	0.9355
	0.9296
	0.9234

	 
	44
	0.9812
	0.9793
	0.9774
	0.9752
	0.9728
	0.9701
	0.9673
	0.9642
	0.9606
	0.9569
	0.9528
	0.9482
	0.9434
	0.9382
	0.9325
	0.9264

	 
	45
	0.9822
	0.9804
	0.9785
	0.9765
	0.9742
	0.9717
	0.9689
	0.9659
	0.9626
	0.9590
	0.9550
	0.9506
	0.9459
	0.9409
	0.9354
	0.9295

	 
	46
	0.9831
	0.9815
	0.9797
	0.9777
	0.9755
	0.9731
	0.9705
	0.9676
	0.9644
	0.9609
	0.9571
	0.9529
	0.9485
	0.9436
	0.9382
	0.9325

	 
	47
	0.9840
	0.9824
	0.9808
	0.9789
	0.9768
	0.9745
	0.9721
	0.9693
	0.9662
	0.9629
	0.9593
	0.9553
	0.9509
	0.9462
	0.9411
	0.9356

	 
	48
	0.9849
	0.9834
	0.9818
	0.9801
	0.9781
	0.9759
	0.9735
	0.9710
	0.9680
	0.9649
	0.9613
	0.9575
	0.9533
	0.9488
	0.9439
	0.9385

	 
	49
	0.9857
	0.9844
	0.9829
	0.9812
	0.9793
	0.9772
	0.9750
	0.9725
	0.9697
	0.9667
	0.9634
	0.9597
	0.9557
	0.9514
	0.9466
	0.9414

	 
	50
	0.9866
	0.9853
	0.9838
	0.9823
	0.9805
	0.9785
	0.9764
	0.9741
	0.9714
	0.9686
	0.9653
	0.9618
	0.9580
	0.9538
	0.9493
	0.9443

	 
	51
	0.9873
	0.9861
	0.9847
	0.9833
	0.9816
	0.9797
	0.9777
	0.9755
	0.9730
	0.9703
	0.9672
	0.9639
	0.9602
	0.9563
	0.9519
	0.9472

	 
	52
	0.9881
	0.9869
	0.9857
	0.9843
	0.9827
	0.9810
	0.9791
	0.9769
	0.9745
	0.9720
	0.9691
	0.9659
	0.9624
	0.9587
	0.9544
	0.9499








Exhibit  10.1.1



Sub appendix A. 2
Table  G - 
For Distributions Beginning On And After July 1, 2004
100% Joint And Survivor Without Pop-Up 
O&R Participants


Age of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	53
	0.9888
	0.9877
	0.9865
	0.9852
	0.9837
	0.9821
	0.9803
	0.9783
	0.9760
	0.9736
	0.9709
	0.9678
	0.9645
	0.9609
	0.9569
	0.9526

	G
	54
	0.9895
	0.9885
	0.9873
	0.9861
	0.9847
	0.9832
	0.9815
	0.9796
	0.9775
	0.9752
	0.9726
	0.9697
	0.9666
	0.9632
	0.9594
	0.9552

	E
	55
	0.9901
	0.9892
	0.9881
	0.9870
	0.9857
	0.9842
	0.9826
	0.9808
	0.9788
	0.9767
	0.9742
	0.9715
	0.9685
	0.9654
	0.9617
	0.9578

	 
	56
	0.9907
	0.9898
	0.9889
	0.9878
	0.9865
	0.9852
	0.9838
	0.9821
	0.9802
	0.9782
	0.9758
	0.9733
	0.9705
	0.9674
	0.9640
	0.9603

	 
	57
	0.9914
	0.9905
	0.9896
	0.9886
	0.9874
	0.9862
	0.9848
	0.9832
	0.9814
	0.9795
	0.9774
	0.9750
	0.9723
	0.9694
	0.9662
	0.9627

	O
	58
	0.9920
	0.9911
	0.9903
	0.9893
	0.9883
	0.9870
	0.9858
	0.9844
	0.9827
	0.9809
	0.9788
	0.9766
	0.9741
	0.9714
	0.9683
	0.9650

	F
	59
	0.9925
	0.9917
	0.9909
	0.9901
	0.9890
	0.9879
	0.9867
	0.9854
	0.9838
	0.9821
	0.9803
	0.9781
	0.9758
	0.9732
	0.9703
	0.9672

	 
	60
	0.9930
	0.9923
	0.9916
	0.9907
	0.9898
	0.9887
	0.9877
	0.9864
	0.9849
	0.9834
	0.9816
	0.9796
	0.9774
	0.9750
	0.9723
	0.9694

	B
	61
	0.9934
	0.9928
	0.9922
	0.9914
	0.9905
	0.9896
	0.9885
	0.9874
	0.9860
	0.9845
	0.9829
	0.9810
	0.9789
	0.9767
	0.9741
	0.9714

	E
	62
	0.9940
	0.9934
	0.9927
	0.9920
	0.9912
	0.9903
	0.9893
	0.9883
	0.9870
	0.9856
	0.9841
	0.9823
	0.9804
	0.9783
	0.9760
	0.9734

	N
	63
	0.9944
	0.9938
	0.9933
	0.9926
	0.9918
	0.9910
	0.9902
	0.9891
	0.9879
	0.9867
	0.9852
	0.9836
	0.9818
	0.9799
	0.9776
	0.9753

	E
	64
	0.9948
	0.9943
	0.9937
	0.9932
	0.9924
	0.9917
	0.9909
	0.9899
	0.9888
	0.9877
	0.9863
	0.9848
	0.9832
	0.9814
	0.9793
	0.9770

	F
	65
	0.9952
	0.9947
	0.9942
	0.9937
	0.9930
	0.9923
	0.9916
	0.9907
	0.9897
	0.9886
	0.9873
	0.9860
	0.9844
	0.9828
	0.9808
	0.9787

	I
	66
	0.9956
	0.9951
	0.9947
	0.9942
	0.9935
	0.9929
	0.9922
	0.9914
	0.9905
	0.9895
	0.9884
	0.9871
	0.9856
	0.9841
	0.9822
	0.9803

	C
	67
	0.9959
	0.9955
	0.9951
	0.9946
	0.9941
	0.9935
	0.9928
	0.9921
	0.9912
	0.9903
	0.9893
	0.9880
	0.9867
	0.9853
	0.9836
	0.9818

	I
	68
	0.9962
	0.9959
	0.9955
	0.9950
	0.9945
	0.9940
	0.9934
	0.9928
	0.9919
	0.9911
	0.9901
	0.9890
	0.9878
	0.9865
	0.9849
	0.9833

	A
	69
	0.9966
	0.9962
	0.9958
	0.9955
	0.9950
	0.9945
	0.9939
	0.9934
	0.9926
	0.9918
	0.9909
	0.9899
	0.9888
	0.9876
	0.9862
	0.9846

	R
	70
	0.9968
	0.9965
	0.9962
	0.9959
	0.9954
	0.9949
	0.9945
	0.9939
	0.9932
	0.9926
	0.9917
	0.9907
	0.9897
	0.9886
	0.9873
	0.9859

	Y
	71
	0.9971
	0.9968
	0.9965
	0.9962
	0.9958
	0.9954
	0.9950
	0.9945
	0.9938
	0.9932
	0.9924
	0.9915
	0.9906
	0.9896
	0.9883
	0.9870

	 
	72
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9958
	0.9954
	0.9949
	0.9944
	0.9938
	0.9930
	0.9923
	0.9914
	0.9904
	0.9893
	0.9882

	 
	73
	0.9976
	0.9973
	0.9971
	0.9969
	0.9965
	0.9962
	0.9958
	0.9954
	0.9948
	0.9943
	0.9937
	0.9929
	0.9921
	0.9913
	0.9903
	0.9892

	 
	74
	0.9978
	0.9975
	0.9974
	0.9971
	0.9968
	0.9965
	0.9962
	0.9958
	0.9953
	0.9949
	0.9943
	0.9935
	0.9929
	0.9921
	0.9911
	0.9901

	 
	75
	0.9980
	0.9978
	0.9976
	0.9974
	0.9971
	0.9968
	0.9965
	0.9962
	0.9957
	0.9953
	0.9948
	0.9942
	0.9935
	0.9928
	0.9919
	0.9910

	 
	76
	0.9982
	0.9980
	0.9978
	0.9976
	0.9974
	0.9971
	0.9969
	0.9966
	0.9962
	0.9958
	0.9953
	0.9947
	0.9941
	0.9934
	0.9927
	0.9918

	 
	77
	0.9984
	0.9982
	0.9980
	0.9979
	0.9976
	0.9974
	0.9972
	0.9969
	0.9965
	0.9961
	0.9957
	0.9952
	0.9947
	0.9941
	0.9934
	0.9926

	 
	78
	0.9985
	0.9984
	0.9982
	0.9980
	0.9979
	0.9977
	0.9974
	0.9972
	0.9968
	0.9965
	0.9961
	0.9956
	0.9952
	0.9946
	0.9939
	0.9933

	 
	79
	0.9987
	0.9985
	0.9984
	0.9982
	0.9980
	0.9978
	0.9977
	0.9975
	0.9971
	0.9969
	0.9965
	0.9961
	0.9956
	0.9951
	0.9946
	0.9940

	 
	80
	0.9988
	0.9987
	0.9985
	0.9984
	0.9982
	0.9981
	0.9979
	0.9977
	0.9974
	0.9972
	0.9969
	0.9965
	0.9960
	0.9956
	0.9951
	0.9945

	 
	81
	0.9989
	0.9988
	0.9986
	0.9986
	0.9984
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9968
	0.9964
	0.9961
	0.9955
	0.9950

	 
	82
	0.9990
	0.9989
	0.9988
	0.9987
	0.9986
	0.9984
	0.9983
	0.9982
	0.9979
	0.9977
	0.9975
	0.9971
	0.9968
	0.9965
	0.9960
	0.9956

	 
	83
	0.9991
	0.9990
	0.9989
	0.9988
	0.9987
	0.9986
	0.9985
	0.9984
	0.9981
	0.9980
	0.9977
	0.9974
	0.9971
	0.9968
	0.9964
	0.9960

	 
	84
	0.9992
	0.9991
	0.9990
	0.9989
	0.9989
	0.9987
	0.9986
	0.9985
	0.9983
	0.9982
	0.9980
	0.9977
	0.9974
	0.9971
	0.9967
	0.9964

	 
	85
	0.9993
	0.9992
	0.9991
	0.9991
	0.9989
	0.9989
	0.9988
	0.9987
	0.9985
	0.9983
	0.9982
	0.9979
	0.9977
	0.9975
	0.9971
	0.9968








Exhibit  10.1.1



Sub appendix A. 2
Table  G - 
For Distributions Beginning On And After July 1, 2004
100% Joint And Survivor Without Pop-Up 
O&R Participants


Age of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	20
	0.8559
	0.8472
	0.8382
	0.8289
	0.8192
	0.8091
	0.7986
	0.7878
	0.7765
	0.7648
	0.7526
	0.7400
	0.7269
	0.7134
	0.6993
	0.6848

	G
	21
	0.8577
	0.8491
	0.8401
	0.8307
	0.8211
	0.8110
	0.8005
	0.7896
	0.7784
	0.7666
	0.7545
	0.7418
	0.7287
	0.7151
	0.7011
	0.6866

	E
	22
	0.8597
	0.8510
	0.8421
	0.8327
	0.8230
	0.8129
	0.8024
	0.7916
	0.7803
	0.7686
	0.7564
	0.7437
	0.7306
	0.7170
	0.7029
	0.6884

	 
	23
	0.8617
	0.8530
	0.8441
	0.8348
	0.8251
	0.8149
	0.8045
	0.7937
	0.7824
	0.7706
	0.7584
	0.7457
	0.7326
	0.7190
	0.7049
	0.6903

	O
	24
	0.8637
	0.8551
	0.8462
	0.8369
	0.8272
	0.8171
	0.8067
	0.7958
	0.7845
	0.7728
	0.7605
	0.7479
	0.7347
	0.7211
	0.7070
	0.6924

	F
	25
	0.8659
	0.8573
	0.8484
	0.8391
	0.8294
	0.8193
	0.8089
	0.7981
	0.7867
	0.7749
	0.7627
	0.7501
	0.7369
	0.7233
	0.7091
	0.6945

	 
	26
	0.8682
	0.8596
	0.8507
	0.8414
	0.8318
	0.8217
	0.8112
	0.8004
	0.7891
	0.7773
	0.7651
	0.7524
	0.7392
	0.7256
	0.7114
	0.6967

	 
	27
	0.8705
	0.8619
	0.8530
	0.8438
	0.8342
	0.8241
	0.8137
	0.8029
	0.7916
	0.7797
	0.7675
	0.7548
	0.7416
	0.7279
	0.7137
	0.6991

	B
	28
	0.8729
	0.8644
	0.8555
	0.8463
	0.8367
	0.8267
	0.8162
	0.8054
	0.7941
	0.7823
	0.7701
	0.7574
	0.7442
	0.7304
	0.7162
	0.7015

	E
	29
	0.8754
	0.8669
	0.8581
	0.8489
	0.8393
	0.8293
	0.8189
	0.8081
	0.7968
	0.7850
	0.7728
	0.7600
	0.7468
	0.7331
	0.7188
	0.7041

	N
	30
	0.8779
	0.8695
	0.8607
	0.8515
	0.8420
	0.8320
	0.8216
	0.8108
	0.7996
	0.7878
	0.7755
	0.7628
	0.7496
	0.7359
	0.7216
	0.7068

	E
	31
	0.8806
	0.8721
	0.8635
	0.8543
	0.8448
	0.8349
	0.8245
	0.8138
	0.8025
	0.7907
	0.7785
	0.7657
	0.7525
	0.7388
	0.7244
	0.7097

	F
	32
	0.8832
	0.8749
	0.8663
	0.8572
	0.8477
	0.8378
	0.8275
	0.8167
	0.8055
	0.7937
	0.7815
	0.7688
	0.7556
	0.7418
	0.7275
	0.7127

	I
	33
	0.8860
	0.8778
	0.8692
	0.8601
	0.8507
	0.8409
	0.8306
	0.8199
	0.8086
	0.7969
	0.7847
	0.7719
	0.7587
	0.7450
	0.7306
	0.7158

	C
	34
	0.8889
	0.8807
	0.8722
	0.8632
	0.8539
	0.8440
	0.8338
	0.8231
	0.8119
	0.8002
	0.7880
	0.7753
	0.7621
	0.7483
	0.7339
	0.7191

	I
	35
	0.8918
	0.8837
	0.8752
	0.8663
	0.8571
	0.8473
	0.8371
	0.8264
	0.8153
	0.8036
	0.7914
	0.7787
	0.7655
	0.7517
	0.7374
	0.7226

	A
	36
	0.8948
	0.8868
	0.8784
	0.8696
	0.8604
	0.8506
	0.8405
	0.8299
	0.8188
	0.8072
	0.7950
	0.7823
	0.7691
	0.7553
	0.7410
	0.7261

	R
	37
	0.8978
	0.8899
	0.8816
	0.8729
	0.8638
	0.8541
	0.8440
	0.8335
	0.8225
	0.8108
	0.7987
	0.7861
	0.7729
	0.7591
	0.7448
	0.7299

	Y
	38
	0.9009
	0.8931
	0.8849
	0.8763
	0.8672
	0.8576
	0.8477
	0.8372
	0.8262
	0.8146
	0.8026
	0.7899
	0.7768
	0.7631
	0.7487
	0.7338

	 
	39
	0.9040
	0.8963
	0.8883
	0.8797
	0.8708
	0.8613
	0.8514
	0.8410
	0.8301
	0.8186
	0.8066
	0.7940
	0.7809
	0.7671
	0.7528
	0.7379

	 
	40
	0.9071
	0.8996
	0.8917
	0.8833
	0.8744
	0.8650
	0.8552
	0.8450
	0.8341
	0.8227
	0.8107
	0.7982
	0.7851
	0.7714
	0.7570
	0.7422

	 
	41
	0.9103
	0.9029
	0.8951
	0.8869
	0.8781
	0.8689
	0.8592
	0.8490
	0.8382
	0.8269
	0.8150
	0.8025
	0.7895
	0.7758
	0.7615
	0.7467

	 
	42
	0.9136
	0.9063
	0.8986
	0.8905
	0.8819
	0.8728
	0.8632
	0.8531
	0.8425
	0.8312
	0.8194
	0.8070
	0.7940
	0.7804
	0.7661
	0.7513

	 
	43
	0.9168
	0.9097
	0.9022
	0.8942
	0.8857
	0.8768
	0.8673
	0.8574
	0.8468
	0.8357
	0.8240
	0.8116
	0.7987
	0.7851
	0.7709
	0.7561

	 
	44
	0.9200
	0.9131
	0.9057
	0.8979
	0.8896
	0.8808
	0.8715
	0.8617
	0.8512
	0.8402
	0.8286
	0.8164
	0.8035
	0.7900
	0.7758
	0.7611

	 
	45
	0.9232
	0.9165
	0.9093
	0.9017
	0.8935
	0.8849
	0.8757
	0.8660
	0.8558
	0.8448
	0.8334
	0.8212
	0.8085
	0.7951
	0.7810
	0.7663

	 
	46
	0.9265
	0.9199
	0.9129
	0.9054
	0.8975
	0.8890
	0.8800
	0.8705
	0.8604
	0.8496
	0.8382
	0.8262
	0.8136
	0.8003
	0.7863
	0.7716

	 
	47
	0.9297
	0.9233
	0.9165
	0.9092
	0.9015
	0.8931
	0.8843
	0.8750
	0.8650
	0.8544
	0.8432
	0.8313
	0.8188
	0.8056
	0.7917
	0.7771

	 
	48
	0.9328
	0.9267
	0.9200
	0.9129
	0.9054
	0.8973
	0.8887
	0.8795
	0.8697
	0.8593
	0.8483
	0.8366
	0.8242
	0.8111
	0.7973
	0.7828

	 
	49
	0.9359
	0.9300
	0.9236
	0.9167
	0.9094
	0.9015
	0.8930
	0.8841
	0.8745
	0.8643
	0.8534
	0.8419
	0.8296
	0.8167
	0.8030
	0.7887

	 
	50
	0.9390
	0.9333
	0.9271
	0.9204
	0.9133
	0.9056
	0.8974
	0.8887
	0.8794
	0.8693
	0.8587
	0.8473
	0.8352
	0.8224
	0.8089
	0.7947

	 
	51
	0.9420
	0.9365
	0.9306
	0.9241
	0.9172
	0.9098
	0.9019
	0.8933
	0.8842
	0.8744
	0.8639
	0.8528
	0.8409
	0.8283
	0.8149
	0.8008

	 
	52
	0.9451
	0.9397
	0.9340
	0.9278
	0.9211
	0.9140
	0.9062
	0.8980
	0.8891
	0.8795
	0.8692
	0.8583
	0.8466
	0.8342
	0.8210
	0.8071








Exhibit  10.1.1



Sub appendix A. 2
Table  G - 
For Distributions Beginning On And After July 1, 2004
100% Joint And Survivor Without Pop-Up 
O&R Participants


Age of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	53
	0.9479
	0.9428
	0.9373
	0.9314
	0.9250
	0.9180
	0.9106
	0.9026
	0.8939
	0.8846
	0.8746
	0.8639
	0.8525
	0.8403
	0.8273
	0.8135

	G
	54
	0.9508
	0.9459
	0.9406
	0.9349
	0.9288
	0.9221
	0.9149
	0.9071
	0.8988
	0.8897
	0.8800
	0.8695
	0.8584
	0.8464
	0.8336
	0.8201

	E
	55
	0.9536
	0.9489
	0.9439
	0.9384
	0.9325
	0.9261
	0.9191
	0.9117
	0.9036
	0.8948
	0.8854
	0.8752
	0.8643
	0.8526
	0.8401
	0.8268

	 
	56
	0.9562
	0.9518
	0.9470
	0.9418
	0.9362
	0.9300
	0.9234
	0.9162
	0.9084
	0.8999
	0.8907
	0.8808
	0.8703
	0.8588
	0.8465
	0.8335

	O
	57
	0.9589
	0.9547
	0.9501
	0.9452
	0.9398
	0.9339
	0.9275
	0.9206
	0.9131
	0.9049
	0.8961
	0.8865
	0.8762
	0.8651
	0.8531
	0.8403

	F
	58
	0.9614
	0.9574
	0.9531
	0.9484
	0.9433
	0.9377
	0.9316
	0.9251
	0.9178
	0.9099
	0.9014
	0.8922
	0.8822
	0.8714
	0.8597
	0.8472

	 
	59
	0.9638
	0.9600
	0.9560
	0.9516
	0.9467
	0.9414
	0.9356
	0.9293
	0.9224
	0.9149
	0.9067
	0.8978
	0.8881
	0.8777
	0.8663
	0.8542

	 
	60
	0.9662
	0.9626
	0.9588
	0.9546
	0.9500
	0.9449
	0.9395
	0.9335
	0.9269
	0.9198
	0.9119
	0.9034
	0.8941
	0.8839
	0.8729
	0.8612

	B
	61
	0.9685
	0.9651
	0.9615
	0.9576
	0.9533
	0.9484
	0.9432
	0.9376
	0.9314
	0.9245
	0.9170
	0.9088
	0.8998
	0.8901
	0.8795
	0.8681

	E
	62
	0.9706
	0.9675
	0.9641
	0.9603
	0.9563
	0.9518
	0.9469
	0.9416
	0.9356
	0.9291
	0.9220
	0.9142
	0.9056
	0.8963
	0.8860
	0.8750

	N
	63
	0.9727
	0.9697
	0.9666
	0.9631
	0.9593
	0.9551
	0.9504
	0.9454
	0.9398
	0.9336
	0.9269
	0.9194
	0.9112
	0.9023
	0.8925
	0.8819

	E
	64
	0.9746
	0.9719
	0.9689
	0.9657
	0.9621
	0.9582
	0.9539
	0.9491
	0.9439
	0.9380
	0.9316
	0.9245
	0.9168
	0.9083
	0.8988
	0.8887

	F
	65
	0.9765
	0.9739
	0.9712
	0.9681
	0.9648
	0.9611
	0.9571
	0.9527
	0.9478
	0.9422
	0.9362
	0.9295
	0.9221
	0.9141
	0.9051
	0.8953

	I
	66
	0.9783
	0.9759
	0.9733
	0.9705
	0.9674
	0.9640
	0.9602
	0.9561
	0.9515
	0.9463
	0.9407
	0.9344
	0.9274
	0.9197
	0.9111
	0.9019

	C
	67
	0.9799
	0.9777
	0.9754
	0.9727
	0.9699
	0.9667
	0.9631
	0.9594
	0.9550
	0.9502
	0.9449
	0.9390
	0.9324
	0.9251
	0.9170
	0.9082

	I
	68
	0.9815
	0.9795
	0.9773
	0.9748
	0.9722
	0.9692
	0.9660
	0.9625
	0.9584
	0.9539
	0.9489
	0.9434
	0.9372
	0.9304
	0.9228
	0.9144

	A
	69
	0.9830
	0.9811
	0.9791
	0.9768
	0.9744
	0.9717
	0.9687
	0.9654
	0.9617
	0.9574
	0.9528
	0.9477
	0.9419
	0.9355
	0.9283
	0.9204

	R
	70
	0.9844
	0.9826
	0.9807
	0.9787
	0.9765
	0.9739
	0.9712
	0.9681
	0.9647
	0.9608
	0.9565
	0.9517
	0.9463
	0.9403
	0.9336
	0.9261

	Y
	71
	0.9857
	0.9841
	0.9823
	0.9805
	0.9784
	0.9761
	0.9735
	0.9707
	0.9676
	0.9639
	0.9600
	0.9555
	0.9505
	0.9449
	0.9386
	0.9317

	 
	72
	0.9869
	0.9854
	0.9838
	0.9821
	0.9802
	0.9780
	0.9758
	0.9732
	0.9703
	0.9669
	0.9633
	0.9592
	0.9545
	0.9493
	0.9435
	0.9370

	 
	73
	0.9881
	0.9867
	0.9853
	0.9836
	0.9819
	0.9800
	0.9778
	0.9755
	0.9728
	0.9698
	0.9663
	0.9625
	0.9583
	0.9535
	0.9480
	0.9420

	 
	74
	0.9891
	0.9879
	0.9866
	0.9851
	0.9835
	0.9817
	0.9797
	0.9776
	0.9751
	0.9724
	0.9693
	0.9658
	0.9618
	0.9574
	0.9523
	0.9467

	 
	75
	0.9900
	0.9890
	0.9877
	0.9864
	0.9850
	0.9833
	0.9815
	0.9796
	0.9773
	0.9748
	0.9720
	0.9688
	0.9652
	0.9611
	0.9564
	0.9512

	 
	76
	0.9910
	0.9899
	0.9888
	0.9877
	0.9863
	0.9849
	0.9832
	0.9815
	0.9794
	0.9771
	0.9745
	0.9715
	0.9683
	0.9645
	0.9602
	0.9554

	 
	77
	0.9918
	0.9908
	0.9899
	0.9888
	0.9876
	0.9862
	0.9847
	0.9831
	0.9813
	0.9792
	0.9768
	0.9742
	0.9712
	0.9678
	0.9638
	0.9594

	 
	78
	0.9926
	0.9917
	0.9908
	0.9898
	0.9888
	0.9875
	0.9862
	0.9847
	0.9830
	0.9811
	0.9790
	0.9766
	0.9738
	0.9707
	0.9671
	0.9630

	 
	79
	0.9933
	0.9925
	0.9917
	0.9908
	0.9898
	0.9887
	0.9875
	0.9862
	0.9846
	0.9829
	0.9810
	0.9788
	0.9763
	0.9735
	0.9702
	0.9665

	 
	80
	0.9940
	0.9932
	0.9925
	0.9917
	0.9908
	0.9898
	0.9887
	0.9875
	0.9861
	0.9845
	0.9828
	0.9808
	0.9785
	0.9759
	0.9730
	0.9696

	 
	81
	0.9945
	0.9939
	0.9932
	0.9925
	0.9917
	0.9907
	0.9898
	0.9887
	0.9875
	0.9860
	0.9845
	0.9827
	0.9806
	0.9783
	0.9755
	0.9725

	 
	82
	0.9951
	0.9945
	0.9939
	0.9932
	0.9925
	0.9917
	0.9907
	0.9899
	0.9887
	0.9874
	0.9860
	0.9844
	0.9825
	0.9804
	0.9779
	0.9752

	 
	83
	0.9956
	0.9950
	0.9945
	0.9939
	0.9933
	0.9925
	0.9916
	0.9908
	0.9898
	0.9887
	0.9874
	0.9859
	0.9843
	0.9824
	0.9802
	0.9776

	 
	84
	0.9960
	0.9955
	0.9950
	0.9945
	0.9939
	0.9933
	0.9925
	0.9917
	0.9908
	0.9898
	0.9886
	0.9873
	0.9858
	0.9842
	0.9821
	0.9799

	 
	85
	0.9964
	0.9960
	0.9955
	0.9951
	0.9946
	0.9939
	0.9932
	0.9926
	0.9918
	0.9908
	0.9898
	0.9887
	0.9873
	0.9858
	0.9840
	0.9820








Exhibit  10.1.1





Sub appendix A. 2
Table  G - 
For Distributions Beginning On And After July 1, 2004
100% Joint And Survivor Without Pop-Up 
O&R Participants
Age of Pensioner	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	20
	0.6699
	0.6546
	0.6388
	0.6228
	0.6063
	0.5897
	0.5728
	0.5557
	0.5385
	0.5211
	0.5037
	0.4861
	0.4686
	0.4511
	 
	 

	G
	21
	0.6716
	0.6563
	0.6405
	0.6244
	0.6079
	0.5912
	0.5743
	0.5572
	0.5399
	0.5225
	0.5050
	0.4874
	0.4699
	0.4523
	 
	 

	E
	22
	0.6734
	0.6581
	0.6422
	0.6261
	0.6096
	0.5928
	0.5759
	0.5587
	0.5414
	0.5240
	0.5065
	0.4888
	0.4712
	0.4536
	 
	 

	 
	23
	0.6753
	0.6599
	0.6441
	0.6279
	0.6113
	0.5945
	0.5776
	0.5604
	0.5430
	0.5255
	0.5079
	0.4902
	0.4726
	0.4549
	 
	 

	 
	24
	0.6773
	0.6619
	0.6460
	0.6298
	0.6132
	0.5964
	0.5793
	0.5621
	0.5447
	0.5272
	0.5095
	0.4918
	0.4741
	0.4564
	 
	 

	 
	25
	0.6794
	0.6639
	0.6480
	0.6318
	0.6151
	0.5983
	0.5812
	0.5639
	0.5464
	0.5289
	0.5112
	0.4934
	0.4756
	0.4579
	 
	 

	O
	26
	0.6816
	0.6661
	0.6502
	0.6339
	0.6172
	0.6003
	0.5832
	0.5658
	0.5483
	0.5307
	0.5130
	0.4951
	0.4773
	0.4595
	 
	 

	F
	27
	0.6840
	0.6684
	0.6524
	0.6361
	0.6193
	0.6024
	0.5852
	0.5678
	0.5503
	0.5326
	0.5148
	0.4969
	0.4790
	0.4611
	 
	 

	 
	28
	0.6864
	0.6708
	0.6548
	0.6384
	0.6216
	0.6046
	0.5874
	0.5700
	0.5524
	0.5346
	0.5168
	0.4988
	0.4809
	0.4629
	 
	 

	 
	29
	0.6889
	0.6733
	0.6573
	0.6408
	0.6240
	0.6070
	0.5897
	0.5722
	0.5545
	0.5367
	0.5188
	0.5008
	0.4828
	0.4648
	 
	 

	B
	30
	0.6917
	0.6760
	0.6599
	0.6434
	0.6266
	0.6095
	0.5921
	0.5746
	0.5568
	0.5390
	0.5210
	0.5029
	0.4849
	0.4668
	 
	 

	E
	31
	0.6945
	0.6788
	0.6626
	0.6461
	0.6292
	0.6121
	0.5947
	0.5771
	0.5593
	0.5414
	0.5233
	0.5051
	0.4870
	0.4689
	 
	 

	N
	32
	0.6974
	0.6817
	0.6655
	0.6490
	0.6320
	0.6148
	0.5974
	0.5797
	0.5618
	0.5439
	0.5258
	0.5075
	0.4893
	0.4711
	 
	 

	E
	33
	0.7005
	0.6848
	0.6686
	0.6520
	0.6350
	0.6177
	0.6002
	0.5825
	0.5645
	0.5465
	0.5283
	0.5100
	0.4917
	0.4734
	 
	 

	F
	34
	0.7038
	0.6880
	0.6717
	0.6551
	0.6380
	0.6207
	0.6032
	0.5854
	0.5674
	0.5493
	0.5310
	0.5126
	0.4942
	0.4759
	 
	 

	I
	35
	0.7072
	0.6914
	0.6751
	0.6584
	0.6413
	0.6239
	0.6063
	0.5885
	0.5704
	0.5522
	0.5339
	0.5154
	0.4969
	0.4785
	 
	 

	C
	36
	0.7108
	0.6949
	0.6786
	0.6619
	0.6447
	0.6273
	0.6096
	0.5917
	0.5735
	0.5553
	0.5369
	0.5183
	0.4998
	0.4812
	 
	 

	I
	37
	0.7145
	0.6986
	0.6823
	0.6655
	0.6483
	0.6308
	0.6131
	0.5951
	0.5769
	0.5585
	0.5400
	0.5214
	0.5028
	0.4841
	 
	 

	A
	38
	0.7184
	0.7025
	0.6861
	0.6693
	0.6521
	0.6345
	0.6168
	0.5987
	0.5804
	0.5620
	0.5434
	0.5246
	0.5059
	0.4872
	 
	 

	R
	39
	0.7225
	0.7066
	0.6902
	0.6733
	0.6560
	0.6384
	0.6206
	0.6024
	0.5841
	0.5656
	0.5469
	0.5281
	0.5093
	0.4904
	 
	 

	Y
	40
	0.7268
	0.7108
	0.6944
	0.6775
	0.6602
	0.6425
	0.6246
	0.6064
	0.5880
	0.5694
	0.5506
	0.5317
	0.5128
	0.4938
	 
	 

	 
	41
	0.7312
	0.7153
	0.6988
	0.6819
	0.6646
	0.6468
	0.6289
	0.6106
	0.5920
	0.5734
	0.5545
	0.5355
	0.5165
	0.4974
	 
	 

	 
	42
	0.7359
	0.7199
	0.7035
	0.6865
	0.6691
	0.6513
	0.6333
	0.6150
	0.5963
	0.5776
	0.5586
	0.5395
	0.5204
	0.5012
	 
	 

	 
	43
	0.7407
	0.7248
	0.7083
	0.6913
	0.6739
	0.6560
	0.6380
	0.6196
	0.6008
	0.5820
	0.5630
	0.5438
	0.5245
	0.5052
	 
	 

	 
	44
	0.7457
	0.7298
	0.7133
	0.6963
	0.6788
	0.6610
	0.6428
	0.6244
	0.6056
	0.5867
	0.5675
	0.5482
	0.5288
	0.5094
	 
	 

	 
	45
	0.7509
	0.7350
	0.7185
	0.7015
	0.6840
	0.6661
	0.6480
	0.6294
	0.6106
	0.5915
	0.5723
	0.5529
	0.5334
	0.5139
	 
	 

	 
	46
	0.7563
	0.7404
	0.7240
	0.7070
	0.6895
	0.6716
	0.6533
	0.6347
	0.6158
	0.5967
	0.5774
	0.5578
	0.5382
	0.5185
	 
	 

	 
	47
	0.7619
	0.7460
	0.7296
	0.7126
	0.6951
	0.6772
	0.6589
	0.6402
	0.6212
	0.6020
	0.5826
	0.5630
	0.5433
	0.5235
	 
	 

	 
	48
	0.7676
	0.7519
	0.7355
	0.7185
	0.7010
	0.6830
	0.6647
	0.6460
	0.6269
	0.6077
	0.5881
	0.5684
	0.5486
	0.5286
	 
	 

	 
	49
	0.7736
	0.7579
	0.7415
	0.7246
	0.7070
	0.6891
	0.6708
	0.6520
	0.6329
	0.6135
	0.5939
	0.5740
	0.5541
	0.5341
	 
	 

	 
	50
	0.7797
	0.7641
	0.7478
	0.7309
	0.7134
	0.6954
	0.6771
	0.6583
	0.6391
	0.6197
	0.6000
	0.5800
	0.5600
	0.5398
	 
	 

	 
	51
	0.7860
	0.7705
	0.7543
	0.7374
	0.7200
	0.7020
	0.6837
	0.6648
	0.6456
	0.6261
	0.6063
	0.5863
	0.5661
	0.5458
	 
	 

	 
	52
	0.7924
	0.7770
	0.7609
	0.7441
	0.7268
	0.7088
	0.6905
	0.6717
	0.6524
	0.6329
	0.6130
	0.5928
	0.5725
	0.5521
	 
	 








Exhibit  10.1.1



Sub appendix A. 2
Table  G - 
For Distributions Beginning On And After July 1, 2004
100% Joint And Survivor Without Pop-Up 
O&R Participants
Age of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	53
	0.7990
	0.7838
	0.7678
	0.7511
	0.7338
	0.7160
	0.6976
	0.6788
	0.6595
	0.6399
	0.6200
	0.5997
	0.5793
	0.5587
	 
	 

	G
	54
	0.8057
	0.7907
	0.7748
	0.7583
	0.7411
	0.7233
	0.7050
	0.6862
	0.6669
	0.6473
	0.6273
	0.6069
	0.5864
	0.5657
	 
	 

	E
	55
	0.8126
	0.7977
	0.7820
	0.7656
	0.7486
	0.7309
	0.7126
	0.6939
	0.6746
	0.6549
	0.6349
	0.6145
	0.5939
	0.5731
	 
	 

	 
	56
	0.8196
	0.8049
	0.7895
	0.7732
	0.7563
	0.7387
	0.7205
	0.7018
	0.6826
	0.6629
	0.6429
	0.6224
	0.6017
	0.5808
	 
	 

	 
	57
	0.8267
	0.8123
	0.7970
	0.7810
	0.7642
	0.7468
	0.7287
	0.7101
	0.6909
	0.6713
	0.6512
	0.6306
	0.6099
	0.5889
	 
	 

	O
	58
	0.8339
	0.8197
	0.8047
	0.7889
	0.7723
	0.7550
	0.7372
	0.7186
	0.6995
	0.6799
	0.6599
	0.6393
	0.6185
	0.5974
	 
	 

	F
	59
	0.8412
	0.8273
	0.8126
	0.7970
	0.7807
	0.7636
	0.7459
	0.7275
	0.7084
	0.6889
	0.6689
	0.6483
	0.6275
	0.6063
	 
	 

	 
	60
	0.8485
	0.8349
	0.8205
	0.8053
	0.7891
	0.7723
	0.7548
	0.7365
	0.7176
	0.6982
	0.6783
	0.6577
	0.6368
	0.6156
	 
	 

	 
	61
	0.8352
	0.8426
	0.8285
	0.8136
	0.7978
	0.7811
	0.7639
	0.7459
	0.7271
	0.7078
	0.6880
	0.6674
	0.6466
	0.6253
	 
	 

	B
	62
	0.8631
	0.8503
	0.8366
	0.8220
	0.8065
	0.7902
	0.7732
	0.7554
	0.7369
	0.7177
	0.6979
	0.6775
	0.6567
	0.6354
	 
	 

	E
	63
	0.8704
	0.8580
	0.8446
	0.8305
	0.8153
	0.7994
	0.7826
	0.7651
	0.7468
	0.7279
	0.7083
	0.6879
	0.6672
	0.6459
	 
	 

	N
	64
	0.8776
	0.8656
	0.8527
	0.8389
	0.8242
	0.8086
	0.7922
	0.7750
	0.7569
	0.7383
	0.7188
	0.6986
	0.6780
	0.6568
	 
	 

	E
	65
	0.8847
	0.8732
	0.8607
	0.8474
	0.8330
	0.8178
	0.8019
	0.7849
	0.7672
	0.7488
	0.7296
	0.7097
	0.6891
	0.6680
	 
	 

	F
	66
	0.8917
	0.8807
	0.8687
	0.8557
	0.8419
	0.8271
	0.8115
	0.7951
	0.7777
	0.7596
	0.7406
	0.7209
	0.7006
	0.6796
	 
	 

	I
	67
	0.8985
	0.8880
	0.8764
	0.8640
	0.8506
	0.8363
	0.8212
	0.8051
	0.7882
	0.7704
	0.7518
	0.7323
	0.7122
	0.6914
	 
	 

	C
	68
	0.9052
	0.8951
	0.8841
	0.8722
	0.8592
	0.8455
	0.8308
	0.8152
	0.7987
	0.7813
	0.7631
	0.7439
	0.7241
	0.7035
	 
	 

	I
	69
	0.9117
	0.9021
	0.8916
	0.8802
	0.8678
	0.8545
	0.8404
	0.8253
	0.8092
	0.7923
	0.7745
	0.7556
	0.7361
	0.7158
	 
	 

	A
	70
	0.9179
	0.9088
	0.8988
	0.8880
	0.8761
	0.8634
	0.8498
	0.8353
	0.8197
	0.8033
	0.7858
	0.7674
	0.7483
	0.7283
	 
	 

	R
	71
	0.9239
	0.9153
	0.9059
	0.8956
	0.8843
	0.8721
	0.8591
	0.8451
	0.8301
	0.8141
	0.7972
	0.7793
	0.7605
	0.7409
	 
	 

	Y
	72
	0.9297
	0.9216
	0.9127
	0.9030
	0.8922
	0.8807
	0.8683
	0.8548
	0.8403
	0.8249
	0.8085
	0.7911
	0.7729
	0.7536
	 
	 

	 
	73
	0.9352
	0.9276
	0.9193
	0.9101
	0.8999
	0.8889
	0.8771
	0.8642
	0.8504
	0.8356
	0.8198
	0.8029
	0.7851
	0.7664
	 
	 

	 
	74
	0.9404
	0.9334
	0.9256
	0.9169
	0.9073
	0.8970
	0.8857
	0.8735
	0.8602
	0.8460
	0.8309
	0.8146
	0.7974
	0.7791
	 
	 

	 
	75
	0.9454
	0.9388
	0.9315
	0.9234
	0.9144
	0.9046
	0.8940
	0.8824
	0.8698
	0.8563
	0.8418
	0.8261
	0.8094
	0.7918
	 
	 

	 
	76
	0.9500
	0.9439
	0.9372
	0.9296
	0.9212
	0.9120
	0.9020
	0.8910
	0.8791
	0.8662
	0.8524
	0.8373
	0.8213
	0.8043
	 
	 

	 
	77
	0.9544
	0.9488
	0.9424
	0.9355
	0.9276
	0.9190
	0.9097
	0.8993
	0.8880
	0.8758
	0.8626
	0.8482
	0.8329
	0.8165
	 
	 

	 
	78
	0.9584
	0.9533
	0.9475
	0.9410
	0.9337
	0.9257
	0.9169
	0.9072
	0.8966
	0.8851
	0.8726
	0.8589
	0.8442
	0.8285
	 
	 

	 
	79
	0.9622
	0.9575
	0.9522
	0.9461
	0.9394
	0.9319
	0.9237
	0.9147
	0.9047
	0.8939
	0.8820
	0.8691
	0.8551
	0.8401
	 
	 

	 
	80
	0.9657
	0.9614
	0.9565
	0.9509
	0.9446
	0.9377
	0.9302
	0.9217
	0.9124
	0.9023
	0.8912
	0.8789
	0.8656
	0.8513
	 
	 

	 
	81
	0.9689
	0.9650
	0.9605
	0.9554
	0.9496
	0.9432
	0.9363
	0.9284
	0.9197
	0.9102
	0.8998
	0.8882
	0.8757
	0.8621
	 
	 

	 
	82
	0.9720
	0.9683
	0.9642
	0.9595
	0.9542
	0.9483
	0.9419
	0.9346
	0.9265
	0.9177
	0.9080
	0.8971
	0.8853
	0.8725
	 
	 

	 
	83
	0.9747
	0.9714
	0.9676
	0.9634
	0.9586
	0.9531
	0.9472
	0.9405
	0.9330
	0.9248
	0.9157
	0.9055
	0.8945
	0.8824
	 
	 

	 
	84
	0.9772
	0.9742
	0.9708
	0.9669
	0.9625
	0.9575
	0.9521
	0.9459
	0.9390
	0.9314
	0.9230
	0.9135
	0.9032
	0.8918
	 
	 

	 
	85
	0.9795
	0.9768
	0.9738
	0.9702
	0.9661
	0.9617
	0.9567
	0.9510
	0.9446
	0.9376
	0.9299
	0.9211
	0.9115
	0.9008
	 
	 










Exhibit  10.1.1



Sub appendix A. 2
Table H - 
For Distributions Beginning On And After July 1, 2004
50% Joint And Survivor Without Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	20
	0.9746
	0.9726
	0.9705
	0.9682
	0.9658
	0.9632
	0.9605
	0.9576
	0.9545
	0.9513
	0.9478
	0.9441
	0.9401
	0.9361
	0.9317
	0.9272

	G
	21
	0.9753
	0.9733
	0.9712
	0.9690
	0.9666
	0.9640
	0.9614
	0.9585
	0.9554
	0.9522
	0.9487
	0.9451
	0.9412
	0.9371
	0.9327
	0.9282

	E
	22
	0.9760
	0.9740
	0.9720
	0.9698
	0.9674
	0.9649
	0.9622
	0.9594
	0.9563
	0.9532
	0.9497
	0.9461
	0.9422
	0.9381
	0.9338
	0.9293

	 
	23
	0.9767
	0.9748
	0.9728
	0.9706
	0.9682
	0.9657
	0.9631
	0.9603
	0.9573
	0.9541
	0.9508
	0.9471
	0.9433
	0.9393
	0.9349
	0.9304

	 
	24
	0.9774
	0.9755
	0.9735
	0.9714
	0.9691
	0.9666
	0.9640
	0.9613
	0.9583
	0.9551
	0.9518
	0.9481
	0.9443
	0.9404
	0.9361
	0.9316

	O
	25
	0.9781
	0.9762
	0.9743
	0.9722
	0.9700
	0.9675
	0.9650
	0.9622
	0.9593
	0.9562
	0.9528
	0.9493
	0.9455
	0.9415
	0.9373
	0.9328

	F
	26
	0.9789
	0.9770
	0.9751
	0.9731
	0.9709
	0.9684
	0.9659
	0.9633
	0.9603
	0.9573
	0.9540
	0.9504
	0.9466
	0.9428
	0.9385
	0.9340

	 
	27
	0.9796
	0.9778
	0.9759
	0.9739
	0.9717
	0.9694
	0.9669
	0.9643
	0.9614
	0.9583
	0.9550
	0.9516
	0.9478
	0.9439
	0.9398
	0.9353

	 
	28
	0.9803
	0.9785
	0.9767
	0.9748
	0.9726
	0.9703
	0.9679
	0.9653
	0.9624
	0.9594
	0.9562
	0.9527
	0.9491
	0.9452
	0.9411
	0.9367

	B
	29
	0.9810
	0.9793
	0.9775
	0.9756
	0.9735
	0.9713
	0.9689
	0.9663
	0.9635
	0.9605
	0.9574
	0.9539
	0.9503
	0.9465
	0.9424
	0.9381

	E
	30
	0.9817
	0.9801
	0.9783
	0.9765
	0.9744
	0.9722
	0.9698
	0.9673
	0.9646
	0.9617
	0.9585
	0.9551
	0.9516
	0.9479
	0.9437
	0.9395

	N
	31
	0.9825
	0.9808
	0.9791
	0.9773
	0.9753
	0.9731
	0.9709
	0.9684
	0.9657
	0.9628
	0.9597
	0.9564
	0.9529
	0.9492
	0.9452
	0.9409

	E
	32
	0.9831
	0.9816
	0.9800
	0.9782
	0.9762
	0.9741
	0.9719
	0.9695
	0.9668
	0.9640
	0.9610
	0.9577
	0.9542
	0.9506
	0.9466
	0.9424

	F
	33
	0.9838
	0.9823
	0.9808
	0.9790
	0.9771
	0.9751
	0.9729
	0.9705
	0.9679
	0.9652
	0.9622
	0.9590
	0.9556
	0.9520
	0.9480
	0.9439

	I
	34
	0.9845
	0.9830
	0.9815
	0.9799
	0.9780
	0.9760
	0.9739
	0.9716
	0.9691
	0.9664
	0.9635
	0.9603
	0.9569
	0.9534
	0.9495
	0.9455

	C
	35
	0.9852
	0.9838
	0.9823
	0.9807
	0.9789
	0.9769
	0.9749
	0.9726
	0.9701
	0.9676
	0.9647
	0.9616
	0.9583
	0.9548
	0.9510
	0.9470

	I
	36
	0.9858
	0.9845
	0.9830
	0.9815
	0.9797
	0.9779
	0.9759
	0.9737
	0.9713
	0.9687
	0.9659
	0.9630
	0.9597
	0.9563
	0.9526
	0.9486

	A
	37
	0.9865
	0.9852
	0.9838
	0.9823
	0.9806
	0.9788
	0.9769
	0.9748
	0.9724
	0.9699
	0.9672
	0.9642
	0.9611
	0.9578
	0.9541
	0.9502

	R
	38
	0.9871
	0.9858
	0.9845
	0.9831
	0.9815
	0.9797
	0.9778
	0.9758
	0.9735
	0.9711
	0.9685
	0.9656
	0.9625
	0.9592
	0.9556
	0.9519

	Y
	39
	0.9877
	0.9865
	0.9853
	0.9839
	0.9823
	0.9806
	0.9788
	0.9768
	0.9746
	0.9723
	0.9697
	0.9669
	0.9639
	0.9608
	0.9572
	0.9535

	 
	40
	0.9883
	0.9871
	0.9859
	0.9846
	0.9831
	0.9815
	0.9797
	0.9778
	0.9757
	0.9735
	0.9709
	0.9683
	0.9654
	0.9622
	0.9588
	0.9552

	 
	41
	0.9889
	0.9878
	0.9866
	0.9853
	0.9839
	0.9823
	0.9807
	0.9789
	0.9768
	0.9746
	0.9722
	0.9695
	0.9667
	0.9637
	0.9604
	0.9568

	 
	42
	0.9894
	0.9884
	0.9873
	0.9860
	0.9847
	0.9832
	0.9816
	0.9799
	0.9778
	0.9758
	0.9734
	0.9708
	0.9681
	0.9652
	0.9620
	0.9585

	 
	43
	0.9900
	0.9890
	0.9879
	0.9868
	0.9854
	0.9840
	0.9825
	0.9808
	0.9789
	0.9769
	0.9746
	0.9721
	0.9695
	0.9667
	0.9635
	0.9602

	 
	44
	0.9905
	0.9896
	0.9885
	0.9874
	0.9862
	0.9848
	0.9833
	0.9817
	0.9799
	0.9780
	0.9758
	0.9734
	0.9708
	0.9681
	0.9650
	0.9618

	 
	45
	0.9910
	0.9901
	0.9892
	0.9881
	0.9869
	0.9856
	0.9842
	0.9827
	0.9809
	0.9790
	0.9770
	0.9747
	0.9722
	0.9696
	0.9666
	0.9635

	 
	46
	0.9915
	0.9906
	0.9897
	0.9888
	0.9876
	0.9863
	0.9850
	0.9835
	0.9819
	0.9801
	0.9781
	0.9759
	0.9735
	0.9710
	0.9681
	0.9651

	 
	47
	0.9920
	0.9912
	0.9903
	0.9893
	0.9883
	0.9871
	0.9858
	0.9844
	0.9828
	0.9811
	0.9792
	0.9771
	0.9748
	0.9724
	0.9696
	0.9667

	 
	48
	0.9924
	0.9916
	0.9908
	0.9899
	0.9889
	0.9878
	0.9866
	0.9852
	0.9837
	0.9821
	0.9803
	0.9783
	0.9761
	0.9737
	0.9711
	0.9683

	 
	49
	0.9928
	0.9921
	0.9914
	0.9905
	0.9895
	0.9885
	0.9873
	0.9861
	0.9846
	0.9831
	0.9813
	0.9794
	0.9773
	0.9751
	0.9726
	0.9698

	 
	50
	0.9933
	0.9925
	0.9918
	0.9911
	0.9902
	0.9892
	0.9880
	0.9868
	0.9855
	0.9840
	0.9823
	0.9805
	0.9785
	0.9764
	0.9740
	0.9713

	 
	51
	0.9936
	0.9930
	0.9923
	0.9916
	0.9907
	0.9897
	0.9887
	0.9876
	0.9863
	0.9849
	0.9834
	0.9816
	0.9797
	0.9776
	0.9753
	0.9729

	 
	52
	0.9940
	0.9934
	0.9927
	0.9921
	0.9913
	0.9904
	0.9894
	0.9883
	0.9871
	0.9858
	0.9843
	0.9826
	0.9809
	0.9789
	0.9766
	0.9743










Exhibit  10.1.1



Sub appendix A. 2
Table H - 
For Distributions Beginning On And After July 1, 2004
50% Joint And Survivor Without Pop-Up
O&R Participants
Age Of Pensioner	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	53
	0.9944
	0.9938
	0.9932
	0.9925
	0.9918
	0.9909
	0.9900
	0.9890
	0.9879
	0.9867
	0.9852
	0.9837
	0.9819
	0.9801
	0.9780
	0.9757

	G
	54
	0.9947
	0.9942
	0.9936
	0.9930
	0.9923
	0.9915
	0.9906
	0.9897
	0.9886
	0.9874
	0.9861
	0.9846
	0.9830
	0.9812
	0.9792
	0.9771

	E
	55
	0.9951
	0.9945
	0.9940
	0.9935
	0.9928
	0.9920
	0.9912
	0.9903
	0.9893
	0.9882
	0.9870
	0.9855
	0.9840
	0.9823
	0.9805
	0.9784

	 
	56
	0.9954
	0.9949
	0.9944
	0.9939
	0.9933
	0.9925
	0.9918
	0.9910
	0.9900
	0.9889
	0.9878
	0.9864
	0.9850
	0.9834
	0.9816
	0.9797

	O
	57
	0.9957
	0.9952
	0.9948
	0.9943
	0.9937
	0.9930
	0.9923
	0.9916
	0.9906
	0.9897
	0.9885
	0.9873
	0.9860
	0.9845
	0.9828
	0.9810

	F
	58
	0.9959
	0.9956
	0.9951
	0.9946
	0.9941
	0.9935
	0.9928
	0.9921
	0.9912
	0.9904
	0.9893
	0.9882
	0.9868
	0.9855
	0.9839
	0.9822

	 
	59
	0.9962
	0.9959
	0.9954
	0.9950
	0.9945
	0.9939
	0.9933
	0.9927
	0.9918
	0.9910
	0.9900
	0.9889
	0.9877
	0.9865
	0.9849
	0.9833

	 
	60
	0.9965
	0.9961
	0.9958
	0.9953
	0.9948
	0.9943
	0.9938
	0.9931
	0.9924
	0.9916
	0.9907
	0.9897
	0.9885
	0.9873
	0.9860
	0.9845

	B
	61
	0.9967
	0.9964
	0.9961
	0.9957
	0.9952
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922
	0.9913
	0.9904
	0.9893
	0.9882
	0.9869
	0.9855

	E
	62
	0.9970
	0.9967
	0.9964
	0.9960
	0.9956
	0.9951
	0.9947
	0.9941
	0.9934
	0.9928
	0.9920
	0.9911
	0.9901
	0.9891
	0.9878
	0.9865

	N
	63
	0.9972
	0.9969
	0.9966
	0.9963
	0.9959
	0.9955
	0.9950
	0.9945
	0.9939
	0.9933
	0.9926
	0.9917
	0.9908
	0.9898
	0.9887
	0.9875

	E
	64
	0.9974
	0.9971
	0.9969
	0.9966
	0.9962
	0.9958
	0.9954
	0.9949
	0.9944
	0.9938
	0.9931
	0.9923
	0.9915
	0.9906
	0.9895
	0.9884

	F
	65
	0.9976
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9957
	0.9954
	0.9948
	0.9943
	0.9937
	0.9929
	0.9921
	0.9913
	0.9903
	0.9892

	I
	66
	0.9978
	0.9975
	0.9973
	0.9971
	0.9967
	0.9964
	0.9961
	0.9957
	0.9952
	0.9947
	0.9941
	0.9935
	0.9927
	0.9920
	0.9910
	0.9901

	C
	67
	0.9980
	0.9977
	0.9975
	0.9973
	0.9970
	0.9967
	0.9964
	0.9961
	0.9956
	0.9952
	0.9946
	0.9940
	0.9933
	0.9926
	0.9917
	0.9908

	I
	68
	0.9981
	0.9979
	0.9977
	0.9975
	0.9973
	0.9970
	0.9967
	0.9964
	0.9959
	0.9955
	0.9951
	0.9945
	0.9939
	0.9932
	0.9924
	0.9915

	A
	69
	0.9983
	0.9981
	0.9979
	0.9978
	0.9975
	0.9973
	0.9970
	0.9967
	0.9963
	0.9959
	0.9954
	0.9949
	0.9944
	0.9938
	0.9930
	0.9922

	R
	70
	0.9984
	0.9982
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9970
	0.9966
	0.9963
	0.9959
	0.9953
	0.9948
	0.9943
	0.9936
	0.9929

	Y
	71
	0.9985
	0.9984
	0.9982
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9969
	0.9966
	0.9962
	0.9957
	0.9952
	0.9948
	0.9941
	0.9934

	 
	72
	0.9987
	0.9985
	0.9984
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9971
	0.9969
	0.9965
	0.9961
	0.9957
	0.9952
	0.9946
	0.9940

	 
	73
	0.9988
	0.9987
	0.9985
	0.9984
	0.9982
	0.9981
	0.9979
	0.9977
	0.9974
	0.9972
	0.9969
	0.9965
	0.9960
	0.9956
	0.9951
	0.9945

	 
	74
	0.9989
	0.9988
	0.9986
	0.9986
	0.9984
	0.9983
	0.9981
	0.9979
	0.9976
	0.9974
	0.9971
	0.9968
	0.9964
	0.9960
	0.9955
	0.9950

	 
	75
	0.9990
	0.9989
	0.9988
	0.9987
	0.9986
	0.9984
	0.9983
	0.9981
	0.9979
	0.9977
	0.9974
	0.9971
	0.9967
	0.9964
	0.9959
	0.9955

	 
	76
	0.9991
	0.9990
	0.9989
	0.9988
	0.9987
	0.9986
	0.9984
	0.9983
	0.9980
	0.9979
	0.9977
	0.9973
	0.9970
	0.9967
	0.9963
	0.9959

	 
	77
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9987
	0.9986
	0.9984
	0.9982
	0.9981
	0.9978
	0.9976
	0.9973
	0.9970
	0.9967
	0.9963

	 
	78
	0.9992
	0.9992
	0.9991
	0.9991
	0.9989
	0.9988
	0.9987
	0.9986
	0.9984
	0.9983
	0.9981
	0.9978
	0.9976
	0.9973
	0.9970
	0.9966

	 
	79
	0.9994
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9989
	0.9987
	0.9985
	0.9985
	0.9983
	0.9980
	0.9978
	0.9976
	0.9973
	0.9970

	 
	80
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9990
	0.9988
	0.9987
	0.9986
	0.9985
	0.9982
	0.9980
	0.9978
	0.9975
	0.9972

	 
	81
	0.9995
	0.9994
	0.9994
	0.9993
	0.9992
	0.9991
	0.9990
	0.9990
	0.9988
	0.9987
	0.9986
	0.9984
	0.9982
	0.9980
	0.9978
	0.9975

	 
	82
	0.9995
	0.9994
	0.9994
	0.9993
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9986
	0.9984
	0.9982
	0.9980
	0.9977

	 
	83
	0.9995
	0.9995
	0.9995
	0.9994
	0.9993
	0.9993
	0.9992
	0.9992
	0.9990
	0.9990
	0.9989
	0.9987
	0.9986
	0.9984
	0.9982
	0.9980

	 
	84
	0.9996
	0.9995
	0.9995
	0.9995
	0.9994
	0.9993
	0.9993
	0.9993
	0.9991
	0.9991
	0.9990
	0.9988
	0.9987
	0.9986
	0.9984
	0.9982

	 
	85
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9994
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9989
	0.9988
	0.9987
	0.9985
	0.9984










Exhibit  10.1.1



Sub appendix A. 2
Table H - 
For Distributions Beginning On And After July 1, 2004
50% Joint And Survivor Without Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	20
	0.9224
	0.9173
	0.9120
	0.9065
	0.9006
	0.8945
	0.8880
	0.8813
	0.8742
	0.8667
	0.8588
	0.8506
	0.8418
	0.8327
	0.8231
	0.8130

	G
	21
	0.9235
	0.9184
	0.9131
	0.9076
	0.9017
	0.8956
	0.8892
	0.8825
	0.8754
	0.8679
	0.8600
	0.8518
	0.8430
	0.8339
	0.8243
	0.8142

	E
	22
	0.9246
	0.9195
	0.9143
	0.9087
	0.9029
	0.8968
	0.8904
	0.8837
	0.8766
	0.8691
	0.8613
	0.8530
	0.8444
	0.8352
	0.8256
	0.8155

	 
	23
	0.9257
	0.9207
	0.9154
	0.9099
	0.9041
	0.8980
	0.8916
	0.8850
	0.8779
	0.8704
	0.8626
	0.8544
	0.8457
	0.8365
	0.8269
	0.8168

	O
	24
	0.9269
	0.9219
	0.9167
	0.9112
	0.9054
	0.8993
	0.8930
	0.8863
	0.8792
	0.8718
	0.8640
	0.8557
	0.8471
	0.8380
	0.8283
	0.8182

	F
	25
	0.9282
	0.9232
	0.9180
	0.9125
	0.9068
	0.9007
	0.8943
	0.8877
	0.8806
	0.8732
	0.8654
	0.8572
	0.8485
	0.8394
	0.8298
	0.8197

	 
	26
	0.9295
	0.9245
	0.9193
	0.9139
	0.9082
	0.9021
	0.8957
	0.8892
	0.8821
	0.8747
	0.8669
	0.8587
	0.8500
	0.8410
	0.8313
	0.8213

	 
	27
	0.9308
	0.9259
	0.9207
	0.9153
	0.9096
	0.9035
	0.8973
	0.8906
	0.8836
	0.8762
	0.8685
	0.8603
	0.8516
	0.8426
	0.8329
	0.8229

	B
	28
	0.9321
	0.9272
	0.9221
	0.9167
	0.9111
	0.9051
	0.8988
	0.8922
	0.8853
	0.8779
	0.8701
	0.8619
	0.8533
	0.8443
	0.8347
	0.8246

	E
	29
	0.9335
	0.9287
	0.9236
	0.9183
	0.9127
	0.9067
	0.9004
	0.8939
	0.8869
	0.8795
	0.8718
	0.8636
	0.8551
	0.8460
	0.8364
	0.8264

	N
	30
	0.9350
	0.9302
	0.9252
	0.9198
	0.9143
	0.9083
	0.9021
	0.8956
	0.8886
	0.8813
	0.8736
	0.8655
	0.8569
	0.8479
	0.8382
	0.8283

	E
	31
	0.9365
	0.9317
	0.9267
	0.9215
	0.9159
	0.9100
	0.9038
	0.8973
	0.8904
	0.8831
	0.8754
	0.8673
	0.8588
	0.8497
	0.8402
	0.8302

	F
	32
	0.9380
	0.9333
	0.9284
	0.9231
	0.9176
	0.9118
	0.9056
	0.8991
	0.8923
	0.8850
	0.8773
	0.8693
	0.8608
	0.8518
	0.8422
	0.8322

	I
	33
	0.9396
	0.9349
	0.9300
	0.9248
	0.9194
	0.9135
	0.9074
	0.9010
	0.8942
	0.8870
	0.8793
	0.8713
	0.8628
	0.8538
	0.8443
	0.8344

	C
	34
	0.9412
	0.9366
	0.9317
	0.9266
	0.9212
	0.9154
	0.9093
	0.9030
	0.8962
	0.8890
	0.8814
	0.8734
	0.8650
	0.8560
	0.8465
	0.8366

	I
	35
	0.9428
	0.9383
	0.9335
	0.9284
	0.9230
	0.9173
	0.9113
	0.9050
	0.8982
	0.8911
	0.8836
	0.8756
	0.8672
	0.8583
	0.8488
	0.8389

	A
	36
	0.9445
	0.9399
	0.9353
	0.9302
	0.9250
	0.9193
	0.9133
	0.9071
	0.9004
	0.8933
	0.8858
	0.8779
	0.8695
	0.8606
	0.8512
	0.8414

	R
	37
	0.9461
	0.9417
	0.9371
	0.9322
	0.9269
	0.9213
	0.9154
	0.9092
	0.9026
	0.8955
	0.8881
	0.8802
	0.8719
	0.8631
	0.8537
	0.8439

	Y
	38
	0.9479
	0.9435
	0.9389
	0.9340
	0.9289
	0.9234
	0.9175
	0.9114
	0.9048
	0.8978
	0.8905
	0.8827
	0.8744
	0.8656
	0.8563
	0.8465

	 
	39
	0.9496
	0.9453
	0.9408
	0.9360
	0.9309
	0.9255
	0.9197
	0.9137
	0.9072
	0.9003
	0.8929
	0.8852
	0.8769
	0.8682
	0.8590
	0.8492

	 
	40
	0.9513
	0.9471
	0.9428
	0.9380
	0.9330
	0.9276
	0.9219
	0.9160
	0.9096
	0.9027
	0.8955
	0.8878
	0.8796
	0.8709
	0.8617
	0.8520

	 
	41
	0.9531
	0.9490
	0.9447
	0.9400
	0.9351
	0.9299
	0.9243
	0.9183
	0.9120
	0.9052
	0.8981
	0.8904
	0.8824
	0.8738
	0.8646
	0.8549

	 
	42
	0.9549
	0.9508
	0.9466
	0.9421
	0.9372
	0.9321
	0.9266
	0.9208
	0.9145
	0.9078
	0.9007
	0.8932
	0.8852
	0.8767
	0.8676
	0.8580

	 
	43
	0.9566
	0.9527
	0.9485
	0.9442
	0.9394
	0.9343
	0.9289
	0.9232
	0.9171
	0.9105
	0.9034
	0.8960
	0.8880
	0.8796
	0.8706
	0.8611

	 
	44
	0.9583
	0.9545
	0.9505
	0.9462
	0.9416
	0.9366
	0.9313
	0.9257
	0.9197
	0.9132
	0.9063
	0.8989
	0.8910
	0.8827
	0.8738
	0.8643

	 
	45
	0.9601
	0.9564
	0.9525
	0.9483
	0.9438
	0.9389
	0.9337
	0.9282
	0.9223
	0.9159
	0.9091
	0.9018
	0.8941
	0.8858
	0.8770
	0.8677

	 
	46
	0.9618
	0.9583
	0.9545
	0.9504
	0.9460
	0.9412
	0.9362
	0.9308
	0.9250
	0.9186
	0.9120
	0.9049
	0.8972
	0.8891
	0.8803
	0.8711

	 
	47
	0.9636
	0.9601
	0.9564
	0.9524
	0.9482
	0.9435
	0.9386
	0.9334
	0.9276
	0.9215
	0.9149
	0.9079
	0.9004
	0.8924
	0.8837
	0.8746

	 
	48
	0.9652
	0.9619
	0.9584
	0.9545
	0.9504
	0.9459
	0.9411
	0.9359
	0.9304
	0.9243
	0.9179
	0.9110
	0.9036
	0.8957
	0.8872
	0.8782

	 
	49
	0.9669
	0.9637
	0.9603
	0.9566
	0.9526
	0.9482
	0.9435
	0.9385
	0.9331
	0.9272
	0.9209
	0.9141
	0.9069
	0.8991
	0.8907
	0.8818

	 
	50
	0.9686
	0.9655
	0.9621
	0.9586
	0.9547
	0.9505
	0.9459
	0.9411
	0.9358
	0.9301
	0.9239
	0.9173
	0.9102
	0.9026
	0.8943
	0.8856

	 
	51
	0.9702
	0.9672
	0.9641
	0.9606
	0.9569
	0.9527
	0.9484
	0.9437
	0.9386
	0.9330
	0.9270
	0.9205
	0.9135
	0.9061
	0.8980
	0.8894

	 
	52
	0.9718
	0.9689
	0.9659
	0.9625
	0.9589
	0.9550
	0.9508
	0.9462
	0.9413
	0.9359
	0.9300
	0.9238
	0.9169
	0.9096
	0.9017
	0.8933










Exhibit  10.1.1



Sub appendix A. 2
Table H - 
O&R Participants
For Distributions Beginning On And After July 1, 2004
50% Joint And Survivor Without Pop-Up
Age Of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	53
	0.9733
	0.9706
	0.9677
	0.9645
	0.9610
	0.9572
	0.9532
	0.9488
	0.9440
	0.9388
	0.9331
	0.9270
	0.9204
	0.9132
	0.9054
	0.8972

	G
	54
	0.9748
	0.9722
	0.9694
	0.9664
	0.9631
	0.9595
	0.9555
	0.9513
	0.9467
	0.9416
	0.9361
	0.9302
	0.9238
	0.9168
	0.9092
	0.9011

	E
	55
	0.9763
	0.9738
	0.9711
	0.9683
	0.9651
	0.9616
	0.9578
	0.9538
	0.9494
	0.9445
	0.9392
	0.9334
	0.9272
	0.9204
	0.9131
	0.9052

	 
	56
	0.9776
	0.9753
	0.9728
	0.9700
	0.9671
	0.9637
	0.9602
	0.9563
	0.9520
	0.9473
	0.9422
	0.9367
	0.9306
	0.9240
	0.9169
	0.9092

	O
	57
	0.9790
	0.9768
	0.9744
	0.9718
	0.9690
	0.9658
	0.9624
	0.9587
	0.9546
	0.9501
	0.9452
	0.9398
	0.9340
	0.9277
	0.9207
	0.9132

	F
	58
	0.9803
	0.9782
	0.9760
	0.9736
	0.9708
	0.9678
	0.9646
	0.9611
	0.9571
	0.9528
	0.9482
	0.9430
	0.9374
	0.9313
	0.9245
	0.9173

	 
	59
	0.9816
	0.9796
	0.9775
	0.9752
	0.9727
	0.9698
	0.9667
	0.9634
	0.9597
	0.9555
	0.9511
	0.9462
	0.9408
	0.9349
	0.9283
	0.9214

	 
	60
	0.9828
	0.9809
	0.9789
	0.9768
	0.9744
	0.9717
	0.9688
	0.9656
	0.9621
	0.9582
	0.9539
	0.9492
	0.9441
	0.9384
	0.9322
	0.9254

	B
	61
	0.9840
	0.9822
	0.9804
	0.9783
	0.9760
	0.9736
	0.9708
	0.9678
	0.9645
	0.9607
	0.9567
	0.9522
	0.9473
	0.9419
	0.9359
	0.9294

	E
	62
	0.9851
	0.9834
	0.9817
	0.9798
	0.9777
	0.9753
	0.9727
	0.9699
	0.9668
	0.9632
	0.9594
	0.9551
	0.9504
	0.9453
	0.9395
	0.9334

	N
	63
	0.9861
	0.9846
	0.9830
	0.9812
	0.9792
	0.9770
	0.9745
	0.9720
	0.9690
	0.9656
	0.9620
	0.9580
	0.9536
	0.9487
	0.9432
	0.9373

	E
	64
	0.9872
	0.9857
	0.9842
	0.9825
	0.9807
	0.9786
	0.9764
	0.9739
	0.9711
	0.9680
	0.9646
	0.9608
	0.9566
	0.9520
	0.9467
	0.9411

	F
	65
	0.9881
	0.9868
	0.9854
	0.9838
	0.9821
	0.9802
	0.9780
	0.9758
	0.9731
	0.9702
	0.9670
	0.9635
	0.9595
	0.9551
	0.9502
	0.9448

	I
	66
	0.9890
	0.9878
	0.9865
	0.9850
	0.9835
	0.9816
	0.9797
	0.9776
	0.9751
	0.9724
	0.9694
	0.9661
	0.9623
	0.9582
	0.9535
	0.9484

	C
	67
	0.9899
	0.9888
	0.9875
	0.9862
	0.9847
	0.9830
	0.9812
	0.9792
	0.9770
	0.9745
	0.9717
	0.9685
	0.9650
	0.9611
	0.9567
	0.9519

	I
	68
	0.9907
	0.9896
	0.9885
	0.9873
	0.9859
	0.9844
	0.9827
	0.9809
	0.9788
	0.9764
	0.9738
	0.9708
	0.9676
	0.9639
	0.9598
	0.9553

	A
	69
	0.9914
	0.9904
	0.9894
	0.9883
	0.9870
	0.9856
	0.9840
	0.9824
	0.9805
	0.9783
	0.9758
	0.9731
	0.9700
	0.9667
	0.9628
	0.9586

	R
	70
	0.9922
	0.9912
	0.9903
	0.9892
	0.9881
	0.9868
	0.9853
	0.9838
	0.9821
	0.9800
	0.9778
	0.9752
	0.9724
	0.9692
	0.9656
	0.9617

	Y
	71
	0.9928
	0.9919
	0.9911
	0.9902
	0.9891
	0.9879
	0.9866
	0.9851
	0.9835
	0.9816
	0.9795
	0.9772
	0.9746
	0.9717
	0.9683
	0.9646

	 
	72
	0.9934
	0.9927
	0.9919
	0.9910
	0.9900
	0.9889
	0.9877
	0.9864
	0.9849
	0.9832
	0.9813
	0.9791
	0.9767
	0.9740
	0.9709
	0.9675

	 
	73
	0.9940
	0.9933
	0.9926
	0.9918
	0.9909
	0.9899
	0.9888
	0.9876
	0.9862
	0.9846
	0.9828
	0.9809
	0.9787
	0.9762
	0.9733
	0.9701

	 
	74
	0.9945
	0.9939
	0.9932
	0.9925
	0.9917
	0.9907
	0.9898
	0.9887
	0.9874
	0.9860
	0.9844
	0.9826
	0.9805
	0.9783
	0.9755
	0.9726

	 
	75
	0.9950
	0.9944
	0.9938
	0.9932
	0.9925
	0.9916
	0.9907
	0.9897
	0.9886
	0.9873
	0.9858
	0.9841
	0.9822
	0.9802
	0.9777
	0.9750

	 
	76
	0.9955
	0.9949
	0.9944
	0.9938
	0.9931
	0.9924
	0.9915
	0.9906
	0.9896
	0.9884
	0.9870
	0.9856
	0.9839
	0.9820
	0.9797
	0.9772

	 
	77
	0.9959
	0.9954
	0.9949
	0.9944
	0.9937
	0.9931
	0.9923
	0.9915
	0.9906
	0.9895
	0.9883
	0.9869
	0.9854
	0.9836
	0.9815
	0.9793

	 
	78
	0.9963
	0.9959
	0.9954
	0.9949
	0.9944
	0.9937
	0.9930
	0.9923
	0.9915
	0.9905
	0.9894
	0.9882
	0.9867
	0.9851
	0.9833
	0.9812

	 
	79
	0.9967
	0.9962
	0.9958
	0.9954
	0.9949
	0.9943
	0.9937
	0.9931
	0.9923
	0.9913
	0.9904
	0.9893
	0.9880
	0.9866
	0.9848
	0.9829

	 
	80
	0.9970
	0.9966
	0.9962
	0.9958
	0.9954
	0.9948
	0.9943
	0.9937
	0.9930
	0.9922
	0.9913
	0.9903
	0.9891
	0.9879
	0.9863
	0.9846

	 
	81
	0.9973
	0.9969
	0.9966
	0.9962
	0.9958
	0.9954
	0.9948
	0.9943
	0.9937
	0.9929
	0.9922
	0.9913
	0.9902
	0.9890
	0.9876
	0.9861

	 
	82
	0.9975
	0.9972
	0.9969
	0.9966
	0.9963
	0.9958
	0.9953
	0.9949
	0.9943
	0.9937
	0.9930
	0.9921
	0.9912
	0.9901
	0.9888
	0.9874

	 
	83
	0.9978
	0.9975
	0.9973
	0.9970
	0.9966
	0.9962
	0.9958
	0.9954
	0.9949
	0.9943
	0.9936
	0.9929
	0.9921
	0.9911
	0.9900
	0.9887

	 
	84
	0.9980
	0.9978
	0.9975
	0.9972
	0.9970
	0.9966
	0.9962
	0.9959
	0.9954
	0.9949
	0.9943
	0.9936
	0.9929
	0.9920
	0.9910
	0.9898

	 
	85
	0.9982
	0.9980
	0.9978
	0.9976
	0.9973
	0.9970
	0.9966
	0.9963
	0.9959
	0.9954
	0.9949
	0.9943
	0.9936
	0.9929
	0.9919
	0.9909










Exhibit  10.1.1



Sub appendix A. 2
Table H - 
For Distributions Beginning On And After July 1, 2004
50% Joint And Survivor Without Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	20
	0.8023
	0.7913
	0.7796
	0.7676
	0.7549
	0.7418
	0.7284
	0.7144
	0.7000
	0.6852
	0.6699
	0.6542
	0.6381
	0.6217
	 
	 

	G
	21
	0.8036
	0.7925
	0.7809
	0.7688
	0.7561
	0.7431
	0.7296
	0.7156
	0.7012
	0.6864
	0.6711
	0.6554
	0.6393
	0.6229
	 
	 

	E
	22
	0.8049
	0.7937
	0.7821
	0.7701
	0.7574
	0.7444
	0.7309
	0.7169
	0.7025
	0.6877
	0.6724
	0.6566
	0.6406
	0.6241
	 
	 

	 
	23
	0.8062
	0.7952
	0.7835
	0.7714
	0.7588
	0.7457
	0.7323
	0.7183
	0.7038
	0.6890
	0.6737
	0.6579
	0.6418
	0.6254
	 
	 

	O
	24
	0.8076
	0.7966
	0.7850
	0.7729
	0.7602
	0.7471
	0.7337
	0.7197
	0.7052
	0.6904
	0.6751
	0.6593
	0.6432
	0.6267
	 
	 

	F
	25
	0.8091
	0.7980
	0.7864
	0.7744
	0.7617
	0.7486
	0.7352
	0.7212
	0.7067
	0.6919
	0.6766
	0.6607
	0.6447
	0.6281
	 
	 

	 
	26
	0.8107
	0.7996
	0.7880
	0.7759
	0.7633
	0.7502
	0.7368
	0.7227
	0.7082
	0.6934
	0.6781
	0.6623
	0.6462
	0.6296
	 
	 

	 
	27
	0.8123
	0.8013
	0.7896
	0.7776
	0.7649
	0.7518
	0.7384
	0.7244
	0.7099
	0.6950
	0.6797
	0.6639
	0.6478
	0.6312
	 
	 

	B
	28
	0.8140
	0.8030
	0.7914
	0.7793
	0.7667
	0.7536
	0.7401
	0.7261
	0.7116
	0.6968
	0.6814
	0.6656
	0.6494
	0.6329
	 
	 

	E
	29
	0.8158
	0.8048
	0.7932
	0.7811
	0.7685
	0.7554
	0.7420
	0.7279
	0.7134
	0.6986
	0.6832
	0.6674
	0.6512
	0.6346
	 
	 

	N
	30
	0.8177
	0.8067
	0.7951
	0.7830
	0.7704
	0.7573
	0.7439
	0.7298
	0.7153
	0.7005
	0.6851
	0.6692
	0.6531
	0.6365
	 
	 

	E
	31
	0.8197
	0.8087
	0.7971
	0.7850
	0.7724
	0.7594
	0.7459
	0.7318
	0.7173
	0.7025
	0.6871
	0.6712
	0.6550
	0.6384
	 
	 

	F
	32
	0.8217
	0.8107
	0.7992
	0.7871
	0.7745
	0.7615
	0.7480
	0.7340
	0.7194
	0.7046
	0.6892
	0.6733
	0.6571
	0.6404
	 
	 

	I
	33
	0.8239
	0.8129
	0.8014
	0.7893
	0.7767
	0.7637
	0.7502
	0.7362
	0.7216
	0.7068
	0.6914
	0.6755
	0.6593
	0.6426
	 
	 

	C
	34
	0.8262
	0.8152
	0.8037
	0.7916
	0.7790
	0.7660
	0.7525
	0.7385
	0.7240
	0.7091
	0.6937
	0.6778
	0.6615
	0.6449
	 
	 

	I
	35
	0.8285
	0.8175
	0.8061
	0.7940
	0.7815
	0.7684
	0.7549
	0.7409
	0.7264
	0.7115
	0.6961
	0.6802
	0.6640
	0.6472
	 
	 

	A
	36
	0.8310
	0.8200
	0.8085
	0.7965
	0.7840
	0.7710
	0.7575
	0.7435
	0.7290
	0.7141
	0.6986
	0.6827
	0.6665
	0.6497
	 
	 

	R
	37
	0.8335
	0.8226
	0.8111
	0.7992
	0.7866
	0.7736
	0.7602
	0.7462
	0.7316
	0.7167
	0.7013
	0.6854
	0.6691
	0.6524
	 
	 

	Y
	38
	0.8361
	0.8253
	0.8139
	0.8019
	0.7894
	0.7764
	0.7630
	0.7490
	0.7344
	0.7196
	0.7041
	0.6882
	0.6719
	0.6552
	 
	 

	 
	39
	0.8389
	0.8281
	0.8167
	0.8048
	0.7923
	0.7793
	0.7659
	0.7519
	0.7374
	0.7225
	0.7071
	0.6912
	0.6749
	0.6581
	 
	 

	 
	40
	0.8418
	0.8310
	0.8197
	0.8077
	0.7953
	0.7824
	0.7690
	0.7550
	0.7405
	0.7256
	0.7102
	0.6943
	0.6780
	0.6612
	 
	 

	 
	41
	0.8447
	0.8340
	0.8227
	0.8109
	0.7985
	0.7855
	0.7722
	0.7582
	0.7437
	0.7288
	0.7135
	0.6975
	0.6812
	0.6643
	 
	 

	 
	42
	0.8479
	0.8372
	0.8259
	0.8141
	0.8017
	0.7888
	0.7755
	0.7616
	0.7471
	0.7322
	0.7168
	0.7009
	0.6845
	0.6677
	 
	 

	 
	43
	0.8511
	0.8404
	0.8292
	0.8175
	0.8052
	0.7923
	0.7790
	0.7651
	0.7506
	0.7358
	0.7204
	0.7045
	0.6881
	0.6713
	 
	 

	 
	44
	0.8544
	0.8438
	0.8327
	0.8210
	0.8087
	0.7959
	0.7826
	0.7688
	0.7544
	0.7395
	0.7241
	0.7082
	0.6918
	0.6750
	 
	 

	 
	45
	0.8577
	0.8473
	0.8363
	0.8246
	0.8124
	0.7996
	0.7864
	0.7725
	0.7582
	0.7434
	0.7280
	0.7121
	0.6958
	0.6789
	 
	 

	 
	46
	0.8613
	0.8509
	0.8399
	0.8283
	0.8162
	0.8035
	0.7903
	0.7766
	0.7622
	0.7474
	0.7321
	0.7161
	0.6998
	0.6830
	 
	 

	 
	47
	0.8649
	0.8546
	0.8437
	0.8322
	0.8201
	0.8075
	0.7944
	0.7807
	0.7663
	0.7516
	0.7363
	0.7204
	0.7041
	0.6872
	 
	 

	 
	48
	0.8686
	0.8584
	0.8476
	0.8362
	0.8242
	0.8116
	0.7986
	0.7849
	0.7707
	0.7560
	0.7407
	0.7248
	0.7085
	0.6916
	 
	 

	 
	49
	0.8724
	0.8623
	0.8516
	0.8403
	0.8284
	0.8159
	0.8029
	0.7893
	0.7751
	0.7605
	0.7453
	0.7294
	0.7131
	0.6963
	 
	 

	 
	50
	0.8762
	0.8663
	0.8557
	0.8445
	0.8327
	0.8203
	0.8075
	0.7940
	0.7798
	0.7652
	0.7500
	0.7342
	0.7180
	0.7011
	 
	 

	 
	51
	0.8802
	0.8703
	0.8599
	0.8489
	0.8372
	0.8249
	0.8122
	0.7987
	0.7847
	0.7701
	0.7549
	0.7392
	0.7229
	0.7062
	 
	 

	 
	52
	0.8842
	0.8745
	0.8642
	0.8533
	0.8417
	0.8296
	0.8169
	0.8036
	0.7897
	0.7752
	0.7601
	0.7444
	0.7282
	0.7114
	 
	 










Exhibit  10.1.1



Sub appendix A. 2
Table H - 
For Distributions Beginning On And After July 1, 2004
50% Joint And Survivor Without Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	53
	0.8883
	0.8788
	0.8687
	0.8579
	0.8464
	0.8344
	0.8219
	0.8087
	0.7948
	0.7804
	0.7655
	0.7498
	0.7337
	0.7169
	 
	 

	G
	54
	0.8924
	0.8831
	0.8731
	0.8625
	0.8512
	0.8394
	0.8270
	0.8139
	0.8002
	0.7859
	0.7709
	0.7554
	0.7393
	0.7226
	 
	 

	E
	55
	0.8966
	0.8875
	0.8777
	0.8673
	0.8562
	0.8445
	0.8322
	0.8193
	0.8057
	0.7915
	0.7767
	0.7612
	0.7452
	0.7286
	 
	 

	 
	56
	0.9008
	0.8919
	0.8824
	0.8721
	0.8612
	0.8497
	0.8376
	0.8248
	0.8113
	0.7973
	0.7827
	0.7672
	0.7513
	0.7348
	 
	 

	O
	57
	0.9052
	0.8965
	0.8870
	0.8771
	0.8664
	0.8550
	0.8431
	0.8305
	0.8172
	0.8033
	0.7887
	0.7735
	0.7577
	0.7412
	 
	 

	F
	58
	0.9094
	0.9010
	0.8918
	0.8820
	0.8715
	0.8605
	0.8487
	0.8363
	0.8232
	0.8095
	0.7951
	0.7800
	0.7643
	0.7479
	 
	 

	 
	59
	0.9138
	0.9055
	0.8966
	0.8871
	0.8768
	0.8659
	0.8545
	0.8422
	0.8293
	0.8158
	0.8016
	0.7867
	0.7711
	0.7549
	 
	 

	 
	60
	0.9181
	0.9101
	0.9014
	0.8921
	0.8822
	0.8715
	0.8603
	0.8483
	0.8356
	0.8223
	0.8083
	0.7935
	0.7782
	0.7620
	 
	 

	B
	61
	0.8352
	0.9146
	0.9062
	0.8972
	0.8875
	0.8772
	0.8662
	0.8544
	0.8420
	0.8289
	0.8151
	0.8005
	0.7854
	0.7694
	 
	 

	E
	62
	0.9265
	0.9191
	0.9110
	0.9023
	0.8928
	0.8828
	0.8721
	0.8607
	0.8485
	0.8357
	0.8221
	0.8078
	0.7928
	0.7770
	 
	 

	N
	63
	0.9307
	0.9235
	0.9158
	0.9074
	0.8983
	0.8885
	0.8781
	0.8669
	0.8551
	0.8425
	0.8292
	0.8151
	0.8004
	0.7849
	 
	 

	E
	64
	0.9348
	0.9280
	0.9205
	0.9124
	0.9036
	0.8941
	0.8841
	0.8732
	0.8616
	0.8494
	0.8364
	0.8226
	0.8082
	0.7929
	 
	 

	F
	65
	0.9388
	0.9323
	0.9252
	0.9174
	0.9089
	0.8998
	0.8900
	0.8795
	0.8683
	0.8564
	0.8437
	0.8301
	0.8160
	0.8010
	 
	 

	I
	66
	0.9427
	0.9365
	0.9297
	0.9223
	0.9141
	0.9053
	0.8960
	0.8858
	0.8749
	0.8633
	0.8510
	0.8378
	0.8239
	0.8092
	 
	 

	C
	67
	0.9466
	0.9406
	0.9341
	0.9271
	0.9193
	0.9109
	0.9019
	0.8921
	0.8815
	0.8703
	0.8583
	0.8455
	0.8319
	0.8176
	 
	 

	I
	68
	0.9503
	0.9447
	0.9385
	0.9318
	0.9243
	0.9163
	0.9076
	0.8982
	0.8881
	0.8772
	0.8656
	0.8532
	0.8400
	0.8260
	 
	 

	A
	69
	0.9538
	0.9485
	0.9427
	0.9363
	0.9292
	0.9216
	0.9133
	0.9043
	0.8945
	0.8841
	0.8729
	0.8608
	0.8480
	0.8343
	 
	 

	R
	70
	0.9572
	0.9522
	0.9468
	0.9407
	0.9340
	0.9267
	0.9189
	0.9102
	0.9009
	0.8909
	0.8801
	0.8685
	0.8560
	0.8427
	 
	 

	Y
	71
	0.9604
	0.9558
	0.9506
	0.9450
	0.9386
	0.9317
	0.9242
	0.9161
	0.9071
	0.8975
	0.8872
	0.8760
	0.8640
	0.8512
	 
	 

	 
	72
	0.9635
	0.9592
	0.9544
	0.9490
	0.9431
	0.9366
	0.9295
	0.9217
	0.9132
	0.9041
	0.8942
	0.8834
	0.8719
	0.8595
	 
	 

	 
	73
	0.9665
	0.9625
	0.9579
	0.9529
	0.9474
	0.9412
	0.9346
	0.9272
	0.9191
	0.9104
	0.9010
	0.8907
	0.8796
	0.8678
	 
	 

	 
	74
	0.9693
	0.9655
	0.9613
	0.9566
	0.9514
	0.9457
	0.9394
	0.9325
	0.9248
	0.9167
	0.9077
	0.8978
	0.8873
	0.8758
	 
	 

	 
	75
	0.9719
	0.9685
	0.9645
	0.9602
	0.9553
	0.9499
	0.9441
	0.9375
	0.9304
	0.9226
	0.9141
	0.9048
	0.8947
	0.8837
	 
	 

	 
	76
	0.9743
	0.9711
	0.9676
	0.9635
	0.9590
	0.9540
	0.9485
	0.9424
	0.9357
	0.9283
	0.9203
	0.9115
	0.9019
	0.8915
	 
	 

	 
	77
	0.9766
	0.9737
	0.9704
	0.9667
	0.9624
	0.9578
	0.9527
	0.9470
	0.9406
	0.9338
	0.9263
	0.9178
	0.9088
	0.8990
	 
	 

	 
	78
	0.9788
	0.9761
	0.9730
	0.9696
	0.9657
	0.9614
	0.9567
	0.9514
	0.9455
	0.9391
	0.9320
	0.9240
	0.9155
	0.9061
	 
	 

	 
	79
	0.9807
	0.9783
	0.9754
	0.9723
	0.9687
	0.9648
	0.9604
	0.9554
	0.9500
	0.9439
	0.9374
	0.9299
	0.9219
	0.9130
	 
	 

	 
	80
	0.9826
	0.9803
	0.9778
	0.9748
	0.9715
	0.9679
	0.9638
	0.9593
	0.9541
	0.9486
	0.9424
	0.9355
	0.9280
	0.9197
	 
	 

	 
	81
	0.9842
	0.9822
	0.9798
	0.9772
	0.9742
	0.9708
	0.9670
	0.9629
	0.9581
	0.9530
	0.9473
	0.9407
	0.9338
	0.9259
	 
	 

	 
	82
	0.9858
	0.9839
	0.9818
	0.9794
	0.9765
	0.9734
	0.9701
	0.9662
	0.9618
	0.9571
	0.9517
	0.9458
	0.9392
	0.9318
	 
	 

	 
	83
	0.9872
	0.9855
	0.9836
	0.9814
	0.9788
	0.9760
	0.9729
	0.9693
	0.9653
	0.9609
	0.9560
	0.9504
	0.9443
	0.9375
	 
	 

	 
	84
	0.9885
	0.9869
	0.9852
	0.9832
	0.9809
	0.9783
	0.9755
	0.9722
	0.9685
	0.9645
	0.9600
	0.9548
	0.9491
	0.9428
	 
	 

	 
	85
	0.9897
	0.9883
	0.9867
	0.9849
	0.9828
	0.9805
	0.9779
	0.9749
	0.9715
	0.9678
	0.9637
	0.9589
	0.9537
	0.9478
	 
	 










Exhibit  10.1.1



Sub appendix A. 2
Table I - 
Distributions Beginning On And After July 1, 2004
100% Joint And Survivor With Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	20
	0.9497
	0.9458
	0.9418
	0.9375
	0.9330
	0.9282
	0.9231
	0.9177
	0.9121
	0.9061
	0.8998
	0.8931
	0.8861
	0.8788
	0.8711
	0.8631

	G
	21
	0.9509
	0.9471
	0.9432
	0.9389
	0.9344
	0.9297
	0.9247
	0.9193
	0.9136
	0.9077
	0.9014
	0.8948
	0.8878
	0.8805
	0.8729
	0.8649

	E
	22
	0.9522
	0.9485
	0.9446
	0.9404
	0.9359
	0.9312
	0.9262
	0.9209
	0.9153
	0.9094
	0.9031
	0.8965
	0.8896
	0.8824
	0.8747
	0.8667

	 
	23
	0.9535
	0.9498
	0.9460
	0.9419
	0.9374
	0.9327
	0.9278
	0.9226
	0.9170
	0.9111
	0.9049
	0.8983
	0.8914
	0.8842
	0.8766
	0.8686

	O
	24
	0.9548
	0.9512
	0.9474
	0.9433
	0.9389
	0.9343
	0.9294
	0.9243
	0.9187
	0.9129
	0.9067
	0.9002
	0.8933
	0.8861
	0.8785
	0.8706

	F
	25
	0.9561
	0.9526
	0.9488
	0.9448
	0.9405
	0.9359
	0.9311
	0.9260
	0.9205
	0.9147
	0.9086
	0.9020
	0.8952
	0.8881
	0.8805
	0.8726

	 
	26
	0.9575
	0.9540
	0.9503
	0.9463
	0.9421
	0.9376
	0.9328
	0.9277
	0.9223
	0.9166
	0.9105
	0.9040
	0.8972
	0.8901
	0.8826
	0.8748

	 
	27
	0.9588
	0.9553
	0.9518
	0.9479
	0.9437
	0.9392
	0.9345
	0.9295
	0.9241
	0.9184
	0.9124
	0.9060
	0.8993
	0.8922
	0.8847
	0.8769

	B
	28
	0.9601
	0.9567
	0.9532
	0.9494
	0.9453
	0.9409
	0.9363
	0.9313
	0.9260
	0.9204
	0.9144
	0.9081
	0.9014
	0.8943
	0.8869
	0.8791

	E
	29
	0.9614
	0.9581
	0.9547
	0.9509
	0.9469
	0.9426
	0.9380
	0.9332
	0.9279
	0.9223
	0.9164
	0.9101
	0.9035
	0.8966
	0.8892
	0.8815

	N
	30
	0.9627
	0.9595
	0.9562
	0.9525
	0.9485
	0.9443
	0.9398
	0.9350
	0.9298
	0.9243
	0.9185
	0.9123
	0.9057
	0.8988
	0.8915
	0.8838

	E
	31
	0.9640
	0.9609
	0.9576
	0.9540
	0.9501
	0.9460
	0.9416
	0.9369
	0.9318
	0.9264
	0.9206
	0.9145
	0.9080
	0.9012
	0.8938
	0.8863

	F
	32
	0.9653
	0.9623
	0.9591
	0.9556
	0.9518
	0.9477
	0.9434
	0.9387
	0.9337
	0.9284
	0.9228
	0.9167
	0.9102
	0.9035
	0.8962
	0.8887

	I
	33
	0.9666
	0.9637
	0.9605
	0.9571
	0.9534
	0.9494
	0.9452
	0.9407
	0.9357
	0.9305
	0.9249
	0.9189
	0.9125
	0.9059
	0.8987
	0.8913

	C
	34
	0.9679
	0.9650
	0.9619
	0.9586
	0.9550
	0.9511
	0.9470
	0.9425
	0.9377
	0.9326
	0.9271
	0.9211
	0.9149
	0.9083
	0.9013
	0.8938

	I
	35
	0.9691
	0.9663
	0.9633
	0.9601
	0.9566
	0.9528
	0.9488
	0.9444
	0.9397
	0.9346
	0.9292
	0.9234
	0.9173
	0.9107
	0.9038
	0.8965

	A
	36
	0.9703
	0.9676
	0.9647
	0.9616
	0.9582
	0.9545
	0.9506
	0.9463
	0.9417
	0.9367
	0.9314
	0.9257
	0.9197
	0.9133
	0.9064
	0.8992

	R
	37
	0.9715
	0.9689
	0.9661
	0.9631
	0.9598
	0.9562
	0.9524
	0.9482
	0.9436
	0.9389
	0.9336
	0.9280
	0.9221
	0.9158
	0.9090
	0.9019

	Y
	38
	0.9726
	0.9701
	0.9674
	0.9645
	0.9613
	0.9578
	0.9541
	0.9500
	0.9456
	0.9409
	0.9358
	0.9303
	0.9245
	0.9183
	0.9116
	0.9046

	 
	39
	0.9737
	0.9713
	0.9687
	0.9659
	0.9628
	0.9594
	0.9558
	0.9519
	0.9476
	0.9430
	0.9380
	0.9326
	0.9269
	0.9209
	0.9143
	0.9074

	 
	40
	0.9748
	0.9725
	0.9700
	0.9673
	0.9643
	0.9610
	0.9575
	0.9537
	0.9495
	0.9450
	0.9402
	0.9350
	0.9294
	0.9234
	0.9169
	0.9102

	 
	41
	0.9759
	0.9737
	0.9713
	0.9686
	0.9657
	0.9626
	0.9592
	0.9555
	0.9514
	0.9471
	0.9424
	0.9373
	0.9318
	0.9260
	0.9196
	0.9130

	 
	42
	0.9770
	0.9748
	0.9725
	0.9699
	0.9672
	0.9641
	0.9609
	0.9573
	0.9533
	0.9491
	0.9445
	0.9395
	0.9342
	0.9285
	0.9223
	0.9158

	 
	43
	0.9780
	0.9759
	0.9737
	0.9712
	0.9685
	0.9656
	0.9625
	0.9590
	0.9551
	0.9511
	0.9466
	0.9418
	0.9365
	0.9310
	0.9250
	0.9186

	 
	44
	0.9789
	0.9769
	0.9748
	0.9725
	0.9699
	0.9670
	0.9640
	0.9607
	0.9570
	0.9531
	0.9487
	0.9440
	0.9389
	0.9335
	0.9276
	0.9214

	 
	45
	0.9799
	0.9780
	0.9759
	0.9737
	0.9712
	0.9685
	0.9655
	0.9624
	0.9588
	0.9550
	0.9508
	0.9462
	0.9413
	0.9360
	0.9303
	0.9242

	 
	46
	0.9808
	0.9789
	0.9770
	0.9748
	0.9724
	0.9698
	0.9670
	0.9639
	0.9605
	0.9568
	0.9528
	0.9483
	0.9436
	0.9384
	0.9329
	0.9269

	 
	47
	0.9816
	0.9799
	0.9780
	0.9759
	0.9737
	0.9712
	0.9685
	0.9655
	0.9622
	0.9586
	0.9547
	0.9504
	0.9458
	0.9409
	0.9355
	0.9297

	 
	48
	0.9825
	0.9808
	0.9790
	0.9771
	0.9749
	0.9725
	0.9699
	0.9670
	0.9639
	0.9604
	0.9567
	0.9525
	0.9481
	0.9433
	0.9380
	0.9324

	 
	49
	0.9832
	0.9817
	0.9800
	0.9781
	0.9760
	0.9737
	0.9713
	0.9685
	0.9655
	0.9622
	0.9585
	0.9545
	0.9502
	0.9456
	0.9405
	0.9351

	 
	50
	0.9840
	0.9825
	0.9809
	0.9791
	0.9771
	0.9749
	0.9726
	0.9699
	0.9670
	0.9638
	0.9604
	0.9565
	0.9523
	0.9479
	0.9429
	0.9377

	 
	51
	0.9848
	0.9833
	0.9818
	0.9801
	0.9782
	0.9761
	0.9738
	0.9713
	0.9685
	0.9655
	0.9621
	0.9584
	0.9544
	0.9502
	0.9454
	0.9403

	 
	52
	0.9855
	0.9841
	0.9827
	0.9811
	0.9792
	0.9772
	0.9751
	0.9727
	0.9700
	0.9671
	0.9639
	0.9603
	0.9565
	0.9523
	0.9477
	0.9428










Exhibit  10.1.1



Sub appendix A. 2
Table I - 
Distributions Beginning On And After July 1, 2004
100% Joint And Survivor With Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	53
	0.9862
	0.9849
	0.9835
	0.9820
	0.9802
	0.9783
	0.9762
	0.9739
	0.9714
	0.9686
	0.9655
	0.9621
	0.9584
	0.9544
	0.9500
	0.9453

	G
	54
	0.9869
	0.9856
	0.9843
	0.9828
	0.9812
	0.9793
	0.9774
	0.9752
	0.9727
	0.9701
	0.9672
	0.9639
	0.9603
	0.9565
	0.9523
	0.9477

	E
	55
	0.9875
	0.9863
	0.9850
	0.9837
	0.9821
	0.9803
	0.9785
	0.9764
	0.9741
	0.9715
	0.9687
	0.9656
	0.9622
	0.9585
	0.9544
	0.9501

	 
	56
	0.9881
	0.9870
	0.9858
	0.9844
	0.9830
	0.9813
	0.9795
	0.9776
	0.9753
	0.9729
	0.9702
	0.9672
	0.9639
	0.9605
	0.9565
	0.9524

	O
	57
	0.9887
	0.9876
	0.9865
	0.9852
	0.9838
	0.9822
	0.9806
	0.9787
	0.9765
	0.9742
	0.9716
	0.9688
	0.9657
	0.9623
	0.9586
	0.9545

	F
	58
	0.9892
	0.9882
	0.9871
	0.9860
	0.9846
	0.9831
	0.9815
	0.9797
	0.9777
	0.9755
	0.9731
	0.9703
	0.9674
	0.9641
	0.9605
	0.9567

	 
	59
	0.9898
	0.9888
	0.9878
	0.9867
	0.9854
	0.9840
	0.9825
	0.9807
	0.9788
	0.9768
	0.9744
	0.9718
	0.9689
	0.9659
	0.9625
	0.9588

	 
	60
	0.9903
	0.9894
	0.9884
	0.9874
	0.9861
	0.9848
	0.9833
	0.9817
	0.9799
	0.9779
	0.9757
	0.9732
	0.9705
	0.9676
	0.9643
	0.9608

	B
	61
	0.9907
	0.9899
	0.9890
	0.9880
	0.9868
	0.9855
	0.9842
	0.9827
	0.9809
	0.9790
	0.9769
	0.9746
	0.9720
	0.9692
	0.9661
	0.9627

	E
	62
	0.9912
	0.9904
	0.9896
	0.9886
	0.9875
	0.9863
	0.9850
	0.9835
	0.9819
	0.9801
	0.9781
	0.9758
	0.9734
	0.9707
	0.9677
	0.9645

	N
	63
	0.9917
	0.9909
	0.9901
	0.9892
	0.9882
	0.9870
	0.9858
	0.9844
	0.9828
	0.9811
	0.9793
	0.9771
	0.9748
	0.9722
	0.9694
	0.9664

	E
	64
	0.9921
	0.9914
	0.9906
	0.9897
	0.9888
	0.9877
	0.9866
	0.9852
	0.9837
	0.9821
	0.9803
	0.9783
	0.9760
	0.9737
	0.9709
	0.9680

	F
	65
	0.9925
	0.9918
	0.9911
	0.9903
	0.9893
	0.9883
	0.9873
	0.9860
	0.9846
	0.9831
	0.9813
	0.9794
	0.9773
	0.9750
	0.9724
	0.9697

	I
	66
	0.9929
	0.9923
	0.9916
	0.9908
	0.9899
	0.9890
	0.9879
	0.9868
	0.9854
	0.9840
	0.9823
	0.9805
	0.9785
	0.9763
	0.9739
	0.9713

	C
	67
	0.9933
	0.9927
	0.9920
	0.9913
	0.9904
	0.9896
	0.9886
	0.9875
	0.9862
	0.9849
	0.9833
	0.9815
	0.9796
	0.9776
	0.9752
	0.9727

	I
	68
	0.9936
	0.9930
	0.9925
	0.9918
	0.9910
	0.9902
	0.9892
	0.9882
	0.9869
	0.9856
	0.9842
	0.9825
	0.9807
	0.9788
	0.9766
	0.9742

	A
	69
	0.9940
	0.9934
	0.9929
	0.9922
	0.9915
	0.9907
	0.9898
	0.9888
	0.9876
	0.9865
	0.9850
	0.9835
	0.9818
	0.9799
	0.9778
	0.9756

	R
	70
	0.9943
	0.9938
	0.9932
	0.9926
	0.9920
	0.9912
	0.9904
	0.9894
	0.9884
	0.9872
	0.9859
	0.9844
	0.9827
	0.9810
	0.9790
	0.9769

	Y
	71
	0.9946
	0.9941
	0.9936
	0.9931
	0.9924
	0.9917
	0.9909
	0.9900
	0.9890
	0.9879
	0.9867
	0.9852
	0.9837
	0.9820
	0.9801
	0.9781

	 
	72
	0.9949
	0.9944
	0.9940
	0.9934
	0.9928
	0.9922
	0.9914
	0.9906
	0.9896
	0.9886
	0.9874
	0.9861
	0.9846
	0.9830
	0.9813
	0.9793

	 
	73
	0.9952
	0.9947
	0.9943
	0.9938
	0.9932
	0.9926
	0.9919
	0.9911
	0.9902
	0.9892
	0.9881
	0.9868
	0.9855
	0.9840
	0.9822
	0.9805

	 
	74
	0.9954
	0.9950
	0.9946
	0.9942
	0.9936
	0.9930
	0.9923
	0.9916
	0.9907
	0.9898
	0.9888
	0.9876
	0.9863
	0.9849
	0.9832
	0.9815

	 
	75
	0.9956
	0.9953
	0.9949
	0.9945
	0.9940
	0.9934
	0.9928
	0.9921
	0.9913
	0.9904
	0.9895
	0.9883
	0.9871
	0.9857
	0.9842
	0.9825

	 
	76
	0.9959
	0.9956
	0.9952
	0.9948
	0.9943
	0.9937
	0.9932
	0.9926
	0.9918
	0.9910
	0.9901
	0.9889
	0.9878
	0.9865
	0.9850
	0.9835

	 
	77
	0.9961
	0.9958
	0.9954
	0.9951
	0.9946
	0.9941
	0.9936
	0.9930
	0.9923
	0.9915
	0.9906
	0.9896
	0.9885
	0.9873
	0.9859
	0.9845

	 
	78
	0.9963
	0.9960
	0.9957
	0.9953
	0.9949
	0.9945
	0.9940
	0.9934
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892
	0.9880
	0.9867
	0.9853

	 
	79
	0.9966
	0.9963
	0.9959
	0.9956
	0.9952
	0.9948
	0.9944
	0.9938
	0.9931
	0.9925
	0.9917
	0.9908
	0.9898
	0.9887
	0.9875
	0.9862

	 
	80
	0.9967
	0.9964
	0.9962
	0.9959
	0.9955
	0.9951
	0.9947
	0.9942
	0.9936
	0.9929
	0.9922
	0.9913
	0.9904
	0.9894
	0.9882
	0.9870

	 
	81
	0.9969
	0.9967
	0.9964
	0.9961
	0.9957
	0.9954
	0.9950
	0.9945
	0.9939
	0.9934
	0.9927
	0.9918
	0.9910
	0.9900
	0.9889
	0.9877

	 
	82
	0.9971
	0.9968
	0.9966
	0.9963
	0.9960
	0.9956
	0.9953
	0.9949
	0.9943
	0.9938
	0.9931
	0.9923
	0.9915
	0.9906
	0.9895
	0.9884

	 
	83
	0.9973
	0.9970
	0.9968
	0.9966
	0.9963
	0.9959
	0.9956
	0.9952
	0.9947
	0.9941
	0.9935
	0.9928
	0.9920
	0.9912
	0.9902
	0.9891

	 
	84
	0.9974
	0.9972
	0.9970
	0.9968
	0.9964
	0.9962
	0.9959
	0.9955
	0.9950
	0.9945
	0.9940
	0.9932
	0.9925
	0.9917
	0.9908
	0.9898

	 
	85
	0.9976
	0.9974
	0.9972
	0.9969
	0.9967
	0.9964
	0.9961
	0.9958
	0.9953
	0.9949
	0.9943
	0.9937
	0.9930
	0.9922
	0.9914
	0.9904










Exhibit  10.1.1



Sub appendix A. 2
Table I - 
Distributions Beginning On And After July 1, 2004
100% Joint And Survivor With Pop-Up
O&R Participants
Age Of Pensioner


	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	20
	0.8549
	0.8462
	0.8372
	0.8278
	0.8181
	0.8080
	0.7975
	0.7867
	0.7755
	0.7637
	0.7516
	0.7390
	0.7259
	0.7124
	0.6983
	0.6839

	G
	21
	0.8566
	0.8480
	0.8390
	0.8296
	0.8199
	0.8098
	0.7994
	0.7885
	0.7772
	0.7655
	0.7534
	0.7408
	0.7277
	0.7141
	0.7000
	0.6856

	E
	22
	0.8585
	0.8498
	0.8408
	0.8315
	0.8218
	0.8117
	0.8013
	0.7904
	0.7791
	0.7674
	0.7552
	0.7426
	0.7295
	0.7159
	0.7018
	0.6873

	 
	23
	0.8604
	0.8517
	0.8428
	0.8335
	0.8238
	0.8137
	0.8032
	0.7924
	0.7811
	0.7693
	0.7571
	0.7445
	0.7314
	0.7178
	0.7037
	0.6892

	O
	24
	0.8624
	0.8537
	0.8448
	0.8355
	0.8258
	0.8157
	0.8052
	0.7944
	0.7831
	0.7714
	0.7592
	0.7465
	0.7334
	0.7198
	0.7057
	0.6911

	F
	25
	0.8644
	0.8558
	0.8469
	0.8376
	0.8280
	0.8178
	0.8074
	0.7966
	0.7853
	0.7735
	0.7613
	0.7487
	0.7355
	0.7219
	0.7078
	0.6932

	 
	26
	0.8666
	0.8580
	0.8491
	0.8398
	0.8302
	0.8201
	0.8096
	0.7988
	0.7875
	0.7757
	0.7636
	0.7509
	0.7377
	0.7241
	0.7099
	0.6953

	 
	27
	0.8688
	0.8602
	0.8513
	0.8421
	0.8324
	0.8224
	0.8119
	0.8011
	0.7898
	0.7781
	0.7659
	0.7532
	0.7400
	0.7264
	0.7122
	0.6976

	B
	28
	0.8711
	0.8625
	0.8537
	0.8444
	0.8348
	0.8248
	0.8144
	0.8036
	0.7923
	0.7805
	0.7683
	0.7556
	0.7424
	0.7287
	0.7145
	0.6999

	E
	29
	0.8734
	0.8649
	0.8561
	0.8469
	0.8373
	0.8273
	0.8169
	0.8061
	0.7948
	0.7830
	0.7708
	0.7581
	0.7449
	0.7312
	0.7170
	0.7024

	N
	30
	0.8758
	0.8673
	0.8586
	0.8494
	0.8398
	0.8298
	0.8195
	0.8087
	0.7974
	0.7857
	0.7734
	0.7608
	0.7475
	0.7339
	0.7196
	0.7049

	E
	31
	0.8783
	0.8699
	0.8611
	0.8520
	0.8425
	0.8325
	0.8222
	0.8114
	0.8002
	0.7884
	0.7762
	0.7635
	0.7503
	0.7366
	0.7223
	0.7076

	F
	32
	0.8808
	0.8725
	0.8638
	0.8547
	0.8452
	0.8353
	0.8250
	0.8142
	0.8030
	0.7912
	0.7790
	0.7663
	0.7531
	0.7394
	0.7252
	0.7104

	I
	33
	0.8834
	0.8751
	0.8665
	0.8575
	0.8480
	0.8381
	0.8279
	0.8172
	0.8059
	0.7942
	0.7820
	0.7693
	0.7561
	0.7424
	0.7281
	0.7134

	C
	34
	0.8861
	0.8779
	0.8693
	0.8603
	0.8509
	0.8411
	0.8308
	0.8202
	0.8090
	0.7973
	0.7851
	0.7724
	0.7592
	0.7455
	0.7312
	0.7164

	I
	35
	0.8888
	0.8807
	0.8722
	0.8633
	0.8539
	0.8441
	0.8339
	0.8233
	0.8121
	0.8004
	0.7883
	0.7756
	0.7624
	0.7487
	0.7344
	0.7196

	A
	36
	0.8915
	0.8835
	0.8751
	0.8662
	0.8570
	0.8472
	0.8371
	0.8265
	0.8154
	0.8037
	0.7916
	0.7790
	0.7658
	0.7521
	0.7377
	0.7230

	R
	37
	0.8944
	0.8864
	0.8781
	0.8693
	0.8601
	0.8504
	0.8404
	0.8298
	0.8188
	0.8072
	0.7951
	0.7824
	0.7693
	0.7555
	0.7412
	0.7264

	Y
	38
	0.8972
	0.8894
	0.8811
	0.8724
	0.8633
	0.8537
	0.8437
	0.8333
	0.8222
	0.8107
	0.7986
	0.7860
	0.7728
	0.7591
	0.7449
	0.7300

	 
	39
	0.9001
	0.8923
	0.8842
	0.8756
	0.8666
	0.8571
	0.8471
	0.8367
	0.8258
	0.8143
	0.8023
	0.7897
	0.7766
	0.7629
	0.7486
	0.7338

	 
	40
	0.9030
	0.8954
	0.8873
	0.8788
	0.8699
	0.8605
	0.8506
	0.8403
	0.8295
	0.8180
	0.8060
	0.7935
	0.7804
	0.7668
	0.7525
	0.7377

	 
	41
	0.9059
	0.8984
	0.8905
	0.8821
	0.8733
	0.8640
	0.8542
	0.8440
	0.8332
	0.8218
	0.8099
	0.7974
	0.7844
	0.7708
	0.7565
	0.7418

	 
	42
	0.9089
	0.9014
	0.8937
	0.8854
	0.8767
	0.8675
	0.8579
	0.8477
	0.8370
	0.8257
	0.8139
	0.8015
	0.7885
	0.7749
	0.7607
	0.7459

	 
	43
	0.9118
	0.9046
	0.8969
	0.8888
	0.8802
	0.8712
	0.8616
	0.8515
	0.8409
	0.8297
	0.8180
	0.8057
	0.7927
	0.7792
	0.7650
	0.7503

	 
	44
	0.9148
	0.9077
	0.9001
	0.8921
	0.8837
	0.8748
	0.8653
	0.8554
	0.8450
	0.8338
	0.8222
	0.8099
	0.7971
	0.7836
	0.7694
	0.7548

	 
	45
	0.9177
	0.9107
	0.9034
	0.8955
	0.8872
	0.8785
	0.8692
	0.8594
	0.8490
	0.8380
	0.8265
	0.8143
	0.8015
	0.7881
	0.7740
	0.7594

	 
	46
	0.9206
	0.9138
	0.9066
	0.8990
	0.8908
	0.8822
	0.8730
	0.8634
	0.8531
	0.8423
	0.8308
	0.8188
	0.8061
	0.7928
	0.7788
	0.7642

	 
	47
	0.9235
	0.9169
	0.9099
	0.9024
	0.8944
	0.8859
	0.8769
	0.8674
	0.8573
	0.8466
	0.8353
	0.8233
	0.8108
	0.7976
	0.7836
	0.7691

	 
	48
	0.9264
	0.9200
	0.9131
	0.9057
	0.8980
	0.8896
	0.8808
	0.8715
	0.8616
	0.8510
	0.8398
	0.8280
	0.8155
	0.8024
	0.7885
	0.7741

	 
	49
	0.9293
	0.9230
	0.9163
	0.9091
	0.9015
	0.8934
	0.8847
	0.8756
	0.8658
	0.8554
	0.8444
	0.8327
	0.8204
	0.8074
	0.7936
	0.7793

	 
	50
	0.9321
	0.9260
	0.9195
	0.9125
	0.9051
	0.8971
	0.8887
	0.8797
	0.8701
	0.8599
	0.8490
	0.8375
	0.8253
	0.8124
	0.7988
	0.7846

	 
	51
	0.9349
	0.9289
	0.9226
	0.9158
	0.9086
	0.9008
	0.8926
	0.8838
	0.8744
	0.8643
	0.8537
	0.8423
	0.8303
	0.8176
	0.8041
	0.7900

	 
	52
	0.9375
	0.9318
	0.9257
	0.9191
	0.9122
	0.9046
	0.8965
	0.8879
	0.8787
	0.8689
	0.8584
	0.8472
	0.8354
	0.8228
	0.8095
	0.7955










Exhibit  10.1.1



Sub appendix A. 2
Table I - 
Distributions Beginning On And After July 1, 2004
100% Joint And Survivor With Pop-Up
O&R Participants
Age Of Pensioner


	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	53
	0.9402
	0.9347
	0.9288
	0.9224
	0.9156
	0.9083
	0.9004
	0.8920
	0.8831
	0.8734
	0.8631
	0.8521
	0.8405
	0.8281
	0.8149
	0.8011

	G
	54
	0.9428
	0.9374
	0.9318
	0.9256
	0.9190
	0.9119
	0.9043
	0.8961
	0.8874
	0.8779
	0.8679
	0.8571
	0.8457
	0.8335
	0.8205
	0.8068

	E
	55
	0.9454
	0.9402
	0.9347
	0.9288
	0.9224
	0.9155
	0.9081
	0.9002
	0.8917
	0.8824
	0.8726
	0.8621
	0.8509
	0.8388
	0.8261
	0.8126

	 
	56
	0.9478
	0.9429
	0.9376
	0.9319
	0.9257
	0.9190
	0.9118
	0.9042
	0.8959
	0.8870
	0.8774
	0.8671
	0.8560
	0.8443
	0.8317
	0.8184

	O
	57
	0.9502
	0.9455
	0.9404
	0.9349
	0.9290
	0.9225
	0.9155
	0.9081
	0.9001
	0.8914
	0.8821
	0.8720
	0.8613
	0.8497
	0.8374
	0.8243

	F
	58
	0.9525
	0.9480
	0.9431
	0.9378
	0.9321
	0.9259
	0.9192
	0.9121
	0.9043
	0.8958
	0.8867
	0.8770
	0.8665
	0.8552
	0.8431
	0.8302

	 
	59
	0.9548
	0.9505
	0.9457
	0.9407
	0.9352
	0.9292
	0.9228
	0.9159
	0.9083
	0.9001
	0.8914
	0.8818
	0.8716
	0.8606
	0.8488
	0.8362

	 
	60
	0.9570
	0.9528
	0.9483
	0.9434
	0.9382
	0.9324
	0.9263
	0.9196
	0.9123
	0.9044
	0.8959
	0.8867
	0.8767
	0.8660
	0.8545
	0.8421

	B
	61
	0.9591
	0.9551
	0.9508
	0.9462
	0.9411
	0.9356
	0.9297
	0.9233
	0.9163
	0.9087
	0.9004
	0.8915
	0.8818
	0.8714
	0.8601
	0.8480

	E
	62
	0.9611
	0.9573
	0.9532
	0.9488
	0.9440
	0.9387
	0.9330
	0.9269
	0.9202
	0.9128
	0.9049
	0.8962
	0.8868
	0.8767
	0.8657
	0.8540

	N
	63
	0.9630
	0.9594
	0.9555
	0.9513
	0.9467
	0.9417
	0.9362
	0.9303
	0.9239
	0.9168
	0.9091
	0.9008
	0.8918
	0.8820
	0.8713
	0.8598

	E
	64
	0.9649
	0.9614
	0.9578
	0.9537
	0.9494
	0.9445
	0.9393
	0.9337
	0.9276
	0.9208
	0.9134
	0.9054
	0.8966
	0.8871
	0.8767
	0.8656

	F
	65
	0.9667
	0.9634
	0.9599
	0.9561
	0.9519
	0.9473
	0.9423
	0.9370
	0.9311
	0.9246
	0.9175
	0.9098
	0.9013
	0.8922
	0.8821
	0.8714

	I
	66
	0.9685
	0.9653
	0.9620
	0.9583
	0.9543
	0.9500
	0.9453
	0.9402
	0.9345
	0.9283
	0.9215
	0.9141
	0.9059
	0.8971
	0.8874
	0.8770

	C
	67
	0.9701
	0.9671
	0.9639
	0.9605
	0.9567
	0.9526
	0.9480
	0.9432
	0.9378
	0.9318
	0.9254
	0.9183
	0.9105
	0.9019
	0.8926
	0.8825

	I
	68
	0.9717
	0.9688
	0.9658
	0.9625
	0.9589
	0.9550
	0.9507
	0.9461
	0.9410
	0.9354
	0.9291
	0.9223
	0.9148
	0.9067
	0.8977
	0.8879

	A
	69
	0.9732
	0.9704
	0.9676
	0.9645
	0.9611
	0.9574
	0.9533
	0.9489
	0.9441
	0.9386
	0.9328
	0.9263
	0.9191
	0.9112
	0.9026
	0.8932

	R
	70
	0.9746
	0.9721
	0.9693
	0.9664
	0.9632
	0.9596
	0.9558
	0.9516
	0.9470
	0.9419
	0.9363
	0.9301
	0.9233
	0.9157
	0.9074
	0.8984

	Y
	71
	0.9759
	0.9736
	0.9709
	0.9681
	0.9651
	0.9618
	0.9582
	0.9542
	0.9498
	0.9449
	0.9397
	0.9338
	0.9272
	0.9200
	0.9121
	0.9034

	 
	72
	0.9773
	0.9749
	0.9725
	0.9699
	0.9670
	0.9638
	0.9604
	0.9567
	0.9526
	0.9479
	0.9429
	0.9373
	0.9311
	0.9242
	0.9166
	0.9083

	 
	73
	0.9785
	0.9763
	0.9740
	0.9715
	0.9688
	0.9658
	0.9626
	0.9591
	0.9551
	0.9507
	0.9460
	0.9406
	0.9348
	0.9282
	0.9210
	0.9130

	 
	74
	0.9797
	0.9777
	0.9754
	0.9731
	0.9705
	0.9677
	0.9646
	0.9613
	0.9576
	0.9535
	0.9490
	0.9439
	0.9383
	0.9321
	0.9252
	0.9176

	 
	75
	0.9808
	0.9789
	0.9768
	0.9746
	0.9721
	0.9694
	0.9666
	0.9634
	0.9600
	0.9561
	0.9518
	0.9470
	0.9417
	0.9358
	0.9292
	0.9219

	 
	76
	0.9819
	0.9800
	0.9780
	0.9760
	0.9737
	0.9711
	0.9685
	0.9655
	0.9623
	0.9585
	0.9545
	0.9500
	0.9450
	0.9394
	0.9331
	0.9262

	 
	77
	0.9829
	0.9811
	0.9793
	0.9773
	0.9751
	0.9728
	0.9702
	0.9674
	0.9643
	0.9609
	0.9570
	0.9528
	0.9481
	0.9428
	0.9368
	0.9302

	 
	78
	0.9839
	0.9822
	0.9805
	0.9786
	0.9766
	0.9743
	0.9719
	0.9693
	0.9664
	0.9631
	0.9595
	0.9555
	0.9510
	0.9460
	0.9403
	0.9341

	 
	79
	0.9847
	0.9832
	0.9816
	0.9797
	0.9779
	0.9757
	0.9735
	0.9710
	0.9683
	0.9652
	0.9618
	0.9581
	0.9538
	0.9490
	0.9437
	0.9378

	 
	80
	0.9856
	0.9841
	0.9826
	0.9809
	0.9791
	0.9771
	0.9749
	0.9727
	0.9701
	0.9672
	0.9641
	0.9605
	0.9565
	0.9520
	0.9469
	0.9414

	 
	81
	0.9865
	0.9850
	0.9836
	0.9820
	0.9803
	0.9784
	0.9764
	0.9743
	0.9718
	0.9691
	0.9661
	0.9627
	0.9590
	0.9548
	0.9500
	0.9447

	 
	82
	0.9873
	0.9859
	0.9845
	0.9831
	0.9814
	0.9796
	0.9778
	0.9758
	0.9735
	0.9709
	0.9682
	0.9650
	0.9615
	0.9575
	0.9529
	0.9480

	 
	83
	0.9880
	0.9868
	0.9855
	0.9840
	0.9825
	0.9808
	0.9790
	0.9772
	0.9751
	0.9727
	0.9700
	0.9671
	0.9637
	0.9600
	0.9558
	0.9511

	 
	84
	0.9888
	0.9875
	0.9863
	0.9850
	0.9835
	0.9820
	0.9803
	0.9785
	0.9765
	0.9743
	0.9718
	0.9690
	0.9659
	0.9624
	0.9584
	0.9540

	 
	85
	0.9894
	0.9882
	0.9871
	0.9858
	0.9845
	0.9830
	0.9815
	0.9798
	0.9780
	0.9758
	0.9735
	0.9709
	0.9680
	0.9648
	0.9609
	0.9567










Exhibit  10.1.1



Sub appendix A. 2
Table I - 
Distributions Beginning On And After July 1, 2004
100% Joint And Survivor With Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	20
	0.6690
	0.6537
	0.6379
	0.6219
	0.6055
	0.5888
	0.5720
	0.5549
	0.5377
	0.5204
	0.5030
	0.4855
	0.4680
	0.4505
	 
	 

	G
	21
	0.6706
	0.6553
	0.6396
	0.6235
	0.6070
	0.5903
	0.5735
	0.5564
	0.5391
	0.5218
	0.5043
	0.4868
	0.4692
	0.4517
	 
	 

	E
	22
	0.6724
	0.6570
	0.6413
	0.6251
	0.6086
	0.5919
	0.5750
	0.5579
	0.5406
	0.5232
	0.5057
	0.4881
	0.4705
	0.4529
	 
	 

	 
	23
	0.6742
	0.6588
	0.6430
	0.6268
	0.6103
	0.5936
	0.5767
	0.5595
	0.5421
	0.5247
	0.5072
	0.4895
	0.4719
	0.4543
	 
	 

	O
	24
	0.6761
	0.6607
	0.6449
	0.6287
	0.6121
	0.5953
	0.5784
	0.5611
	0.5438
	0.5263
	0.5087
	0.4910
	0.4733
	0.4556
	 
	 

	F
	25
	0.6781
	0.6627
	0.6468
	0.6306
	0.6140
	0.5972
	0.5801
	0.5629
	0.5455
	0.5279
	0.5103
	0.4926
	0.4748
	0.4571
	 
	 

	 
	26
	0.6802
	0.6647
	0.6489
	0.6326
	0.6160
	0.5991
	0.5820
	0.5647
	0.5472
	0.5297
	0.5120
	0.4942
	0.4764
	0.4586
	 
	 

	 
	27
	0.6825
	0.6670
	0.6510
	0.6347
	0.6180
	0.6011
	0.5840
	0.5667
	0.5491
	0.5315
	0.5138
	0.4959
	0.4781
	0.4603
	 
	 

	B
	28
	0.6848
	0.6692
	0.6533
	0.6369
	0.6202
	0.6033
	0.5861
	0.5687
	0.5511
	0.5335
	0.5157
	0.4978
	0.4799
	0.4620
	 
	 

	E
	29
	0.6872
	0.6716
	0.6556
	0.6392
	0.6225
	0.6055
	0.5883
	0.5709
	0.5532
	0.5355
	0.5176
	0.4997
	0.4817
	0.4638
	 
	 

	N
	30
	0.6897
	0.6741
	0.6581
	0.6417
	0.6249
	0.6079
	0.5906
	0.5731
	0.5554
	0.5377
	0.5197
	0.5017
	0.4837
	0.4657
	 
	 

	E
	31
	0.6924
	0.6768
	0.6607
	0.6442
	0.6274
	0.6103
	0.5930
	0.5755
	0.5577
	0.5399
	0.5219
	0.5038
	0.4858
	0.4677
	 
	 

	F
	32
	0.6952
	0.6795
	0.6634
	0.6469
	0.6301
	0.6129
	0.5956
	0.5780
	0.5601
	0.5423
	0.5243
	0.5061
	0.4880
	0.4698
	 
	 

	I
	33
	0.6981
	0.6824
	0.6663
	0.6498
	0.6328
	0.6156
	0.5982
	0.5806
	0.5627
	0.5448
	0.5267
	0.5084
	0.4903
	0.4720
	 
	 

	C
	34
	0.7012
	0.6854
	0.6692
	0.6527
	0.6357
	0.6185
	0.6010
	0.5833
	0.5654
	0.5474
	0.5292
	0.5109
	0.4927
	0.4744
	 
	 

	I
	35
	0.7043
	0.6886
	0.6724
	0.6558
	0.6388
	0.6215
	0.6040
	0.5862
	0.5682
	0.5501
	0.5319
	0.5135
	0.4952
	0.4768
	 
	 

	A
	36
	0.7077
	0.6919
	0.6756
	0.6590
	0.6419
	0.6246
	0.6070
	0.5892
	0.5712
	0.5530
	0.5347
	0.5163
	0.4978
	0.4794
	 
	 

	R
	37
	0.7111
	0.6953
	0.6790
	0.6623
	0.6453
	0.6279
	0.6103
	0.5924
	0.5743
	0.5561
	0.5377
	0.5191
	0.5007
	0.4821
	 
	 

	Y
	38
	0.7147
	0.6989
	0.6826
	0.6659
	0.6488
	0.6313
	0.6136
	0.5957
	0.5775
	0.5592
	0.5408
	0.5222
	0.5036
	0.4850
	 
	 

	 
	39
	0.7185
	0.7026
	0.6863
	0.6695
	0.6524
	0.6349
	0.6172
	0.5992
	0.5809
	0.5626
	0.5440
	0.5254
	0.5067
	0.4880
	 
	 

	 
	40
	0.7223
	0.7065
	0.6902
	0.6734
	0.6562
	0.6387
	0.6209
	0.6028
	0.5845
	0.5661
	0.5475
	0.5287
	0.5100
	0.4912
	 
	 

	 
	41
	0.7264
	0.7105
	0.6942
	0.6774
	0.6601
	0.6426
	0.6247
	0.6066
	0.5882
	0.5697
	0.5511
	0.5322
	0.5134
	0.4945
	 
	 

	 
	42
	0.7306
	0.7148
	0.6984
	0.6815
	0.6643
	0.6467
	0.6288
	0.6106
	0.5921
	0.5736
	0.5548
	0.5359
	0.5170
	0.4980
	 
	 

	 
	43
	0.7349
	0.7191
	0.7027
	0.6859
	0.6685
	0.6509
	0.6330
	0.6147
	0.5962
	0.5776
	0.5588
	0.5397
	0.5207
	0.5016
	 
	 

	 
	44
	0.7395
	0.7236
	0.7072
	0.6904
	0.6731
	0.6554
	0.6374
	0.6191
	0.6005
	0.5818
	0.5629
	0.5438
	0.5246
	0.5055
	 
	 

	 
	45
	0.7441
	0.7283
	0.7119
	0.6951
	0.6777
	0.6600
	0.6420
	0.6236
	0.6050
	0.5862
	0.5672
	0.5480
	0.5288
	0.5095
	 
	 

	 
	46
	0.7489
	0.7331
	0.7168
	0.6999
	0.6826
	0.6648
	0.6468
	0.6283
	0.6096
	0.5908
	0.5717
	0.5524
	0.5331
	0.5137
	 
	 

	 
	47
	0.7539
	0.7381
	0.7218
	0.7049
	0.6876
	0.6698
	0.6517
	0.6333
	0.6145
	0.5956
	0.5764
	0.5571
	0.5377
	0.5181
	 
	 

	 
	48
	0.7590
	0.7433
	0.7270
	0.7101
	0.6928
	0.6750
	0.6569
	0.6384
	0.6196
	0.6006
	0.5814
	0.5619
	0.5424
	0.5228
	 
	 

	 
	49
	0.7642
	0.7486
	0.7323
	0.7155
	0.6982
	0.6804
	0.6623
	0.6437
	0.6249
	0.6058
	0.5865
	0.5670
	0.5474
	0.5277
	 
	 

	 
	50
	0.7696
	0.7541
	0.7379
	0.7211
	0.7037
	0.6860
	0.6678
	0.6493
	0.6304
	0.6113
	0.5919
	0.5723
	0.5526
	0.5327
	 
	 

	 
	51
	0.7751
	0.7597
	0.7435
	0.7268
	0.7095
	0.6918
	0.6736
	0.6551
	0.6362
	0.6170
	0.5975
	0.5778
	0.5580
	0.5381
	 
	 

	 
	52
	0.7808
	0.7654
	0.7493
	0.7327
	0.7154
	0.6977
	0.6796
	0.6610
	0.6421
	0.6229
	0.6034
	0.5836
	0.5637
	0.5437
	 
	 










Exhibit  10.1.1



Sub appendix A. 2
Table I - 
Distributions Beginning On And After July 1, 2004
100% Joint And Survivor With Pop-Up
O&R Participants
Age Of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	53
	0.7865
	0.7712
	0.7553
	0.7387
	0.7216
	0.7039
	0.6858
	0.6672
	0.6483
	0.6290
	0.6095
	0.5896
	0.5697
	0.5495
	 
	 

	G
	54
	0.7924
	0.7773
	0.7614
	0.7449
	0.7279
	0.7102
	0.6922
	0.6736
	0.6547
	0.6354
	0.6159
	0.5959
	0.5759
	0.5557
	 
	 

	E
	55
	0.7983
	0.7833
	0.7677
	0.7513
	0.7343
	0.7167
	0.6988
	0.6802
	0.6613
	0.6420
	0.6224
	0.6024
	0.5823
	0.5620
	 
	 

	 
	56
	0.8044
	0.7895
	0.7740
	0.7578
	0.7409
	0.7235
	0.7055
	0.6871
	0.6681
	0.6489
	0.6293
	0.6092
	0.5891
	0.5687
	 
	 

	O
	57
	0.8104
	0.7959
	0.7805
	0.7644
	0.7476
	0.7303
	0.7125
	0.6941
	0.6752
	0.6560
	0.6364
	0.6163
	0.5961
	0.5756
	 
	 

	F
	58
	0.8166
	0.8022
	0.7870
	0.7711
	0.7545
	0.7373
	0.7196
	0.7013
	0.6825
	0.6633
	0.6437
	0.6236
	0.6034
	0.5829
	 
	 

	 
	59
	0.8228
	0.8086
	0.7936
	0.7780
	0.7615
	0.7444
	0.7269
	0.7086
	0.6899
	0.6708
	0.6512
	0.6311
	0.6109
	0.5903
	 
	 

	 
	60
	0.8290
	0.8151
	0.8003
	0.7848
	0.7686
	0.7517
	0.7343
	0.7162
	0.6976
	0.6785
	0.6589
	0.6389
	0.6187
	0.5981
	 
	 

	B
	61
	0.8352
	0.8215
	0.8070
	0.7918
	0.7757
	0.7591
	0.7418
	0.7239
	0.7054
	0.6864
	0.6669
	0.6469
	0.6267
	0.6061
	 
	 

	E
	62
	0.8414
	0.8280
	0.8138
	0.7988
	0.7830
	0.7665
	0.7494
	0.7317
	0.7133
	0.6945
	0.6751
	0.6551
	0.6349
	0.6143
	 
	 

	N
	63
	0.8476
	0.8345
	0.8205
	0.8058
	0.7902
	0.7740
	0.7571
	0.7396
	0.7214
	0.7027
	0.6834
	0.6636
	0.6434
	0.6228
	 
	 

	E
	64
	0.8537
	0.8409
	0.8272
	0.8128
	0.7975
	0.7816
	0.7649
	0.7476
	0.7296
	0.7110
	0.6919
	0.6722
	0.6521
	0.6315
	 
	 

	F
	65
	0.8597
	0.8473
	0.8340
	0.8198
	0.8049
	0.7891
	0.7728
	0.7557
	0.7379
	0.7195
	0.7006
	0.6810
	0.6609
	0.6404
	 
	 

	I
	66
	0.8657
	0.8536
	0.8406
	0.8268
	0.8121
	0.7968
	0.7806
	0.7638
	0.7462
	0.7281
	0.7093
	0.6898
	0.6700
	0.6496
	 
	 

	C
	67
	0.8716
	0.8598
	0.8472
	0.8337
	0.8194
	0.8043
	0.7885
	0.7719
	0.7547
	0.7367
	0.7182
	0.6989
	0.6792
	0.6589
	 
	 

	I
	68
	0.8774
	0.8659
	0.8537
	0.8405
	0.8266
	0.8118
	0.7964
	0.7801
	0.7631
	0.7455
	0.7271
	0.7080
	0.6884
	0.6683
	 
	 

	A
	69
	0.8830
	0.8720
	0.8601
	0.8474
	0.8337
	0.8193
	0.8042
	0.7883
	0.7716
	0.7542
	0.7361
	0.7173
	0.6979
	0.6779
	 
	 

	R
	70
	0.8886
	0.8779
	0.8663
	0.8540
	0.8408
	0.8267
	0.8120
	0.7964
	0.7800
	0.7630
	0.7451
	0.7266
	0.7074
	0.6876
	 
	 

	Y
	71
	0.8940
	0.8837
	0.8725
	0.8605
	0.8477
	0.8340
	0.8197
	0.8044
	0.7884
	0.7717
	0.7542
	0.7359
	0.7170
	0.6974
	 
	 

	 
	72
	0.8992
	0.8893
	0.8785
	0.8670
	0.8545
	0.8413
	0.8273
	0.8125
	0.7968
	0.7804
	0.7632
	0.7453
	0.7266
	0.7073
	 
	 

	 
	73
	0.9043
	0.8948
	0.8844
	0.8733
	0.8612
	0.8483
	0.8348
	0.8203
	0.8051
	0.7890
	0.7723
	0.7546
	0.7362
	0.7172
	 
	 

	 
	74
	0.9092
	0.9001
	0.8902
	0.8794
	0.8678
	0.8553
	0.8421
	0.8281
	0.8132
	0.7976
	0.7812
	0.7638
	0.7459
	0.7271
	 
	 

	 
	75
	0.9140
	0.9052
	0.8956
	0.8853
	0.8741
	0.8621
	0.8493
	0.8358
	0.8212
	0.8061
	0.7900
	0.7731
	0.7554
	0.7370
	 
	 

	 
	76
	0.9185
	0.9102
	0.9010
	0.8911
	0.8803
	0.8687
	0.8564
	0.8432
	0.8291
	0.8144
	0.7987
	0.7822
	0.7649
	0.7468
	 
	 

	 
	77
	0.9230
	0.9150
	0.9062
	0.8967
	0.8863
	0.8751
	0.8632
	0.8505
	0.8369
	0.8225
	0.8073
	0.7912
	0.7743
	0.7566
	 
	 

	 
	78
	0.9272
	0.9195
	0.9112
	0.9020
	0.8921
	0.8814
	0.8700
	0.8576
	0.8445
	0.8306
	0.8158
	0.8001
	0.7836
	0.7663
	 
	 

	 
	79
	0.9313
	0.9240
	0.9160
	0.9073
	0.8977
	0.8874
	0.8764
	0.8646
	0.8519
	0.8384
	0.8240
	0.8088
	0.7927
	0.7758
	 
	 

	 
	80
	0.9351
	0.9282
	0.9206
	0.9123
	0.9031
	0.8932
	0.8827
	0.8713
	0.8591
	0.8460
	0.8322
	0.8173
	0.8017
	0.7852
	 
	 

	 
	81
	0.9388
	0.9323
	0.9250
	0.9170
	0.9083
	0.8989
	0.8888
	0.8778
	0.8661
	0.8535
	0.8401
	0.8257
	0.8105
	0.7944
	 
	 

	 
	82
	0.9424
	0.9362
	0.9293
	0.9217
	0.9133
	0.9043
	0.8946
	0.8842
	0.8728
	0.8608
	0.8478
	0.8339
	0.8192
	0.8036
	 
	 

	 
	83
	0.9457
	0.9399
	0.9333
	0.9261
	0.9182
	0.9096
	0.9003
	0.8903
	0.8794
	0.8679
	0.8554
	0.8420
	0.8278
	0.8126
	 
	 

	 
	84
	0.9490
	0.9434
	0.9372
	0.9304
	0.9228
	0.9147
	0.9058
	0.8962
	0.8859
	0.8747
	0.8627
	0.8498
	0.8361
	0.8214
	 
	 

	 
	85
	0.9521
	0.9468
	0.9410
	0.9344
	0.9273
	0.9195
	0.9111
	0.9020
	0.8920
	0.8814
	0.8699
	0.8575
	0.8443
	0.8301
	 
	 










Exhibit  10.1.1



Sub appendix A. 2
Table  J
Distributions Beginning On And After July 1, 2004
50% Joint And Survivor With Pop-Up
O&R Participants
Age of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	20
	0.9742
	0.9721
	0.9700
	0.9678
	0.9653
	0.9627
	0.9600
	0.9571
	0.9540
	0.9507
	0.9472
	0.9435
	0.9396
	0.9355
	0.9311
	0.9265

	G
	21
	0.9748
	0.9728
	0.9708
	0.9685
	0.9661
	0.9635
	0.9609
	0.9580
	0.9549
	0.9516
	0.9481
	0.9444
	0.9405
	0.9365
	0.9321
	0.9275

	E
	22
	0.9755
	0.9736
	0.9715
	0.9693
	0.9669
	0.9644
	0.9617
	0.9588
	0.9558
	0.9526
	0.9491
	0.9454
	0.9415
	0.9375
	0.9331
	0.9286

	 
	23
	0.9762
	0.9743
	0.9722
	0.9701
	0.9677
	0.9652
	0.9625
	0.9597
	0.9567
	0.9535
	0.9501
	0.9464
	0.9425
	0.9385
	0.9342
	0.9297

	O
	24
	0.9769
	0.9750
	0.9730
	0.9708
	0.9685
	0.9660
	0.9634
	0.9607
	0.9576
	0.9545
	0.9511
	0.9475
	0.9436
	0.9396
	0.9353
	0.9308

	F
	25
	0.9776
	0.9757
	0.9737
	0.9716
	0.9693
	0.9669
	0.9643
	0.9616
	0.9586
	0.9555
	0.9521
	0.9485
	0.9447
	0.9407
	0.9364
	0.9320

	 
	26
	0.9783
	0.9764
	0.9745
	0.9724
	0.9702
	0.9678
	0.9652
	0.9625
	0.9596
	0.9565
	0.9531
	0.9496
	0.9458
	0.9419
	0.9376
	0.9332

	 
	27
	0.9790
	0.9771
	0.9753
	0.9732
	0.9710
	0.9687
	0.9662
	0.9635
	0.9605
	0.9575
	0.9542
	0.9507
	0.9469
	0.9430
	0.9388
	0.9344

	B
	28
	0.9796
	0.9779
	0.9760
	0.9740
	0.9719
	0.9696
	0.9671
	0.9644
	0.9615
	0.9586
	0.9553
	0.9518
	0.9481
	0.9442
	0.9400
	0.9357

	E
	29
	0.9803
	0.9786
	0.9768
	0.9749
	0.9727
	0.9705
	0.9680
	0.9655
	0.9626
	0.9596
	0.9564
	0.9529
	0.9493
	0.9455
	0.9413
	0.9370

	N
	30
	0.9810
	0.9793
	0.9776
	0.9757
	0.9736
	0.9714
	0.9690
	0.9664
	0.9636
	0.9607
	0.9575
	0.9541
	0.9505
	0.9467
	0.9426
	0.9383

	E
	31
	0.9817
	0.9801
	0.9783
	0.9765
	0.9744
	0.9722
	0.9699
	0.9674
	0.9647
	0.9618
	0.9587
	0.9553
	0.9518
	0.9480
	0.9439
	0.9397

	F
	32
	0.9823
	0.9808
	0.9791
	0.9773
	0.9753
	0.9731
	0.9709
	0.9684
	0.9657
	0.9629
	0.9598
	0.9565
	0.9530
	0.9493
	0.9453
	0.9410

	I
	33
	0.9830
	0.9815
	0.9798
	0.9781
	0.9761
	0.9740
	0.9718
	0.9694
	0.9668
	0.9640
	0.9610
	0.9577
	0.9543
	0.9506
	0.9467
	0.9425

	C
	34
	0.9837
	0.9821
	0.9806
	0.9789
	0.9770
	0.9749
	0.9728
	0.9704
	0.9678
	0.9651
	0.9621
	0.9589
	0.9555
	0.9519
	0.9480
	0.9439

	I
	35
	0.9843
	0.9829
	0.9813
	0.9797
	0.9778
	0.9759
	0.9737
	0.9714
	0.9689
	0.9662
	0.9634
	0.9602
	0.9569
	0.9533
	0.9494
	0.9454

	A
	36
	0.9849
	0.9835
	0.9821
	0.9804
	0.9786
	0.9767
	0.9747
	0.9724
	0.9700
	0.9673
	0.9645
	0.9614
	0.9581
	0.9546
	0.9509
	0.9469

	R
	37
	0.9856
	0.9842
	0.9827
	0.9812
	0.9795
	0.9776
	0.9756
	0.9734
	0.9710
	0.9684
	0.9657
	0.9627
	0.9595
	0.9560
	0.9523
	0.9484

	Y
	38
	0.9861
	0.9848
	0.9834
	0.9819
	0.9803
	0.9784
	0.9765
	0.9744
	0.9720
	0.9696
	0.9669
	0.9639
	0.9607
	0.9574
	0.9538
	0.9499

	 
	39
	0.9867
	0.9854
	0.9841
	0.9827
	0.9810
	0.9793
	0.9774
	0.9753
	0.9731
	0.9707
	0.9680
	0.9651
	0.9621
	0.9588
	0.9552
	0.9514

	 
	40
	0.9873
	0.9861
	0.9848
	0.9834
	0.9818
	0.9801
	0.9783
	0.9763
	0.9741
	0.9717
	0.9692
	0.9664
	0.9634
	0.9602
	0.9566
	0.9529

	 
	41
	0.9878
	0.9866
	0.9854
	0.9841
	0.9826
	0.9809
	0.9792
	0.9772
	0.9751
	0.9728
	0.9703
	0.9676
	0.9646
	0.9615
	0.9581
	0.9545

	 
	42
	0.9883
	0.9872
	0.9861
	0.9848
	0.9833
	0.9817
	0.9800
	0.9782
	0.9761
	0.9739
	0.9715
	0.9688
	0.9659
	0.9629
	0.9596
	0.9560

	 
	43
	0.9889
	0.9878
	0.9866
	0.9854
	0.9840
	0.9825
	0.9808
	0.9791
	0.9770
	0.9749
	0.9726
	0.9700
	0.9672
	0.9643
	0.9610
	0.9575

	 
	44
	0.9894
	0.9883
	0.9873
	0.9860
	0.9847
	0.9832
	0.9817
	0.9800
	0.9780
	0.9759
	0.9737
	0.9712
	0.9685
	0.9656
	0.9624
	0.9591

	 
	45
	0.9898
	0.9889
	0.9878
	0.9867
	0.9854
	0.9840
	0.9825
	0.9808
	0.9790
	0.9769
	0.9748
	0.9723
	0.9697
	0.9670
	0.9639
	0.9606

	 
	46
	0.9903
	0.9893
	0.9883
	0.9872
	0.9860
	0.9847
	0.9832
	0.9817
	0.9798
	0.9779
	0.9758
	0.9734
	0.9710
	0.9683
	0.9653
	0.9621

	 
	47
	0.9907
	0.9898
	0.9889
	0.9878
	0.9867
	0.9854
	0.9840
	0.9825
	0.9807
	0.9789
	0.9768
	0.9746
	0.9721
	0.9695
	0.9667
	0.9635

	 
	48
	0.9911
	0.9903
	0.9894
	0.9884
	0.9872
	0.9861
	0.9847
	0.9832
	0.9816
	0.9798
	0.9778
	0.9757
	0.9733
	0.9708
	0.9680
	0.9650

	 
	49
	0.9915
	0.9908
	0.9899
	0.9889
	0.9879
	0.9867
	0.9854
	0.9840
	0.9824
	0.9807
	0.9788
	0.9767
	0.9745
	0.9720
	0.9693
	0.9664

	 
	50
	0.9920
	0.9912
	0.9904
	0.9894
	0.9884
	0.9873
	0.9861
	0.9848
	0.9832
	0.9816
	0.9798
	0.9778
	0.9756
	0.9732
	0.9706
	0.9679

	 
	51
	0.9924
	0.9916
	0.9908
	0.9900
	0.9890
	0.9879
	0.9867
	0.9855
	0.9840
	0.9824
	0.9807
	0.9788
	0.9767
	0.9744
	0.9719
	0.9692

	 
	52
	0.9927
	0.9920
	0.9912
	0.9904
	0.9895
	0.9885
	0.9874
	0.9861
	0.9847
	0.9833
	0.9816
	0.9797
	0.9777
	0.9756
	0.9732
	0.9705










Exhibit  10.1.1



Sub appendix A. 2
Table  J
Distributions Beginning On And After July 1, 2004
50% Joint And Survivor With Pop-Up
O&R Participants
Age of Pensioner
	
																		
	 
	 
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41
	42
	43
	44
	45

	A
	53
	0.9930
	0.9924
	0.9917
	0.9909
	0.9900
	0.9890
	0.9880
	0.9868
	0.9855
	0.9841
	0.9825
	0.9806
	0.9787
	0.9767
	0.9743
	0.9719

	G
	54
	0.9934
	0.9927
	0.9920
	0.9914
	0.9905
	0.9896
	0.9886
	0.9875
	0.9861
	0.9848
	0.9833
	0.9816
	0.9798
	0.9778
	0.9755
	0.9731

	E
	55
	0.9937
	0.9931
	0.9925
	0.9918
	0.9910
	0.9901
	0.9891
	0.9881
	0.9869
	0.9856
	0.9841
	0.9825
	0.9807
	0.9788
	0.9766
	0.9744

	 
	56
	0.9940
	0.9934
	0.9929
	0.9922
	0.9914
	0.9906
	0.9897
	0.9887
	0.9875
	0.9863
	0.9849
	0.9833
	0.9816
	0.9798
	0.9777
	0.9756

	O
	57
	0.9943
	0.9938
	0.9932
	0.9926
	0.9918
	0.9910
	0.9902
	0.9892
	0.9881
	0.9870
	0.9856
	0.9841
	0.9826
	0.9808
	0.9789
	0.9767

	F
	58
	0.9946
	0.9941
	0.9935
	0.9929
	0.9923
	0.9915
	0.9907
	0.9898
	0.9887
	0.9876
	0.9864
	0.9849
	0.9834
	0.9817
	0.9798
	0.9778

	 
	59
	0.9949
	0.9943
	0.9938
	0.9933
	0.9926
	0.9919
	0.9912
	0.9903
	0.9892
	0.9882
	0.9870
	0.9857
	0.9842
	0.9826
	0.9809
	0.9790

	 
	60
	0.9951
	0.9946
	0.9941
	0.9936
	0.9930
	0.9923
	0.9916
	0.9908
	0.9898
	0.9888
	0.9877
	0.9864
	0.9850
	0.9835
	0.9818
	0.9800

	B
	61
	0.9954
	0.9949
	0.9945
	0.9939
	0.9934
	0.9927
	0.9920
	0.9913
	0.9903
	0.9894
	0.9883
	0.9871
	0.9858
	0.9844
	0.9827
	0.9810

	E
	62
	0.9956
	0.9952
	0.9947
	0.9943
	0.9937
	0.9931
	0.9925
	0.9917
	0.9909
	0.9900
	0.9889
	0.9878
	0.9865
	0.9852
	0.9836
	0.9820

	N
	63
	0.9958
	0.9954
	0.9950
	0.9946
	0.9940
	0.9935
	0.9928
	0.9922
	0.9913
	0.9905
	0.9895
	0.9884
	0.9872
	0.9859
	0.9845
	0.9829

	E
	64
	0.9960
	0.9957
	0.9952
	0.9949
	0.9944
	0.9938
	0.9932
	0.9926
	0.9918
	0.9910
	0.9901
	0.9890
	0.9879
	0.9867
	0.9852
	0.9838

	F
	65
	0.9963
	0.9959
	0.9955
	0.9951
	0.9947
	0.9941
	0.9936
	0.9930
	0.9922
	0.9915
	0.9906
	0.9896
	0.9885
	0.9873
	0.9860
	0.9846

	I
	66
	0.9965
	0.9961
	0.9958
	0.9954
	0.9949
	0.9945
	0.9939
	0.9934
	0.9927
	0.9919
	0.9911
	0.9901
	0.9891
	0.9880
	0.9868
	0.9854

	C
	67
	0.9966
	0.9963
	0.9960
	0.9956
	0.9952
	0.9948
	0.9942
	0.9937
	0.9930
	0.9924
	0.9916
	0.9907
	0.9897
	0.9887
	0.9875
	0.9862

	I
	68
	0.9968
	0.9965
	0.9962
	0.9959
	0.9954
	0.9951
	0.9945
	0.9940
	0.9934
	0.9928
	0.9920
	0.9911
	0.9903
	0.9893
	0.9882
	0.9869

	A
	69
	0.9970
	0.9967
	0.9964
	0.9961
	0.9957
	0.9953
	0.9948
	0.9944
	0.9938
	0.9932
	0.9925
	0.9916
	0.9908
	0.9899
	0.9888
	0.9876

	R
	70
	0.9971
	0.9968
	0.9966
	0.9963
	0.9960
	0.9956
	0.9951
	0.9947
	0.9941
	0.9936
	0.9929
	0.9921
	0.9913
	0.9904
	0.9894
	0.9883

	Y
	71
	0.9973
	0.9970
	0.9968
	0.9965
	0.9961
	0.9958
	0.9954
	0.9950
	0.9945
	0.9939
	0.9933
	0.9926
	0.9918
	0.9909
	0.9900
	0.9889

	 
	72
	0.9974
	0.9972
	0.9969
	0.9967
	0.9964
	0.9961
	0.9957
	0.9953
	0.9948
	0.9943
	0.9937
	0.9930
	0.9923
	0.9914
	0.9905
	0.9896

	 
	73
	0.9976
	0.9974
	0.9971
	0.9969
	0.9966
	0.9962
	0.9959
	0.9955
	0.9951
	0.9946
	0.9940
	0.9934
	0.9927
	0.9919
	0.9910
	0.9901

	 
	74
	0.9977
	0.9975
	0.9973
	0.9970
	0.9968
	0.9965
	0.9962
	0.9958
	0.9953
	0.9949
	0.9944
	0.9937
	0.9931
	0.9924
	0.9915
	0.9906

	 
	75
	0.9978
	0.9976
	0.9974
	0.9972
	0.9970
	0.9967
	0.9964
	0.9961
	0.9956
	0.9952
	0.9947
	0.9941
	0.9935
	0.9928
	0.9920
	0.9912

	 
	76
	0.9980
	0.9978
	0.9976
	0.9974
	0.9971
	0.9968
	0.9966
	0.9963
	0.9959
	0.9955
	0.9950
	0.9944
	0.9939
	0.9932
	0.9925
	0.9917

	 
	77
	0.9981
	0.9979
	0.9977
	0.9975
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9958
	0.9953
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922

	 
	78
	0.9982
	0.9980
	0.9978
	0.9977
	0.9974
	0.9972
	0.9970
	0.9967
	0.9963
	0.9960
	0.9956
	0.9951
	0.9946
	0.9940
	0.9933
	0.9926

	 
	79
	0.9983
	0.9981
	0.9979
	0.9978
	0.9976
	0.9974
	0.9972
	0.9969
	0.9965
	0.9963
	0.9959
	0.9953
	0.9949
	0.9943
	0.9937
	0.9930

	 
	80
	0.9984
	0.9982
	0.9981
	0.9979
	0.9977
	0.9975
	0.9974
	0.9971
	0.9968
	0.9964
	0.9961
	0.9956
	0.9952
	0.9947
	0.9941
	0.9934

	 
	81
	0.9985
	0.9983
	0.9982
	0.9980
	0.9979
	0.9977
	0.9975
	0.9973
	0.9970
	0.9967
	0.9963
	0.9959
	0.9954
	0.9950
	0.9944
	0.9938

	 
	82
	0.9985
	0.9984
	0.9983
	0.9982
	0.9980
	0.9978
	0.9977
	0.9975
	0.9971
	0.9969
	0.9965
	0.9961
	0.9957
	0.9953
	0.9947
	0.9941

	 
	83
	0.9987
	0.9985
	0.9984
	0.9983
	0.9981
	0.9980
	0.9978
	0.9976
	0.9973
	0.9971
	0.9968
	0.9964
	0.9960
	0.9956
	0.9950
	0.9945

	 
	84
	0.9987
	0.9986
	0.9985
	0.9984
	0.9982
	0.9981
	0.9979
	0.9978
	0.9975
	0.9972
	0.9970
	0.9966
	0.9962
	0.9958
	0.9953
	0.9948

	 
	85
	0.9988
	0.9987
	0.9986
	0.9985
	0.9983
	0.9982
	0.9980
	0.9979
	0.9976
	0.9974
	0.9972
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952










Exhibit  10.1.1



Sub appendix A. 2
Table  J
Distributions Beginning On And After July 1, 2004
50% Joint And Survivor With Pop-Up
O&R Participants
Age of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	20
	0.9218
	0.9167
	0.9114
	0.9058
	0.9000
	0.8938
	0.8874
	0.8806
	0.8735
	0.8660
	0.8582
	0.8499
	0.8412
	0.8320
	0.8224
	0.8123

	G
	21
	0.9228
	0.9177
	0.9124
	0.9069
	0.9011
	0.8949
	0.8885
	0.8818
	0.8747
	0.8672
	0.8593
	0.8510
	0.8423
	0.8332
	0.8236
	0.8135

	E
	22
	0.9238
	0.9188
	0.9135
	0.9080
	0.9022
	0.8961
	0.8896
	0.8830
	0.8759
	0.8684
	0.8605
	0.8523
	0.8436
	0.8344
	0.8248
	0.8147

	 
	23
	0.9250
	0.9200
	0.9147
	0.9092
	0.9034
	0.8973
	0.8909
	0.8842
	0.8771
	0.8696
	0.8618
	0.8535
	0.8449
	0.8358
	0.8261
	0.8160

	O
	24
	0.9261
	0.9211
	0.9159
	0.9104
	0.9046
	0.8985
	0.8921
	0.8855
	0.8784
	0.8709
	0.8631
	0.8549
	0.8462
	0.8371
	0.8274
	0.8174

	F
	25
	0.9273
	0.9223
	0.9171
	0.9117
	0.9059
	0.8998
	0.8934
	0.8868
	0.8798
	0.8723
	0.8645
	0.8562
	0.8476
	0.8385
	0.8289
	0.8188

	 
	26
	0.9286
	0.9235
	0.9184
	0.9129
	0.9072
	0.9011
	0.8948
	0.8882
	0.8812
	0.8737
	0.8659
	0.8577
	0.8491
	0.8400
	0.8303
	0.8203

	 
	27
	0.9298
	0.9248
	0.9197
	0.9143
	0.9086
	0.9025
	0.8962
	0.8896
	0.8826
	0.8752
	0.8674
	0.8592
	0.8506
	0.8415
	0.8319
	0.8218

	B
	28
	0.9311
	0.9262
	0.9211
	0.9157
	0.9100
	0.9040
	0.8977
	0.8911
	0.8841
	0.8767
	0.8690
	0.8608
	0.8521
	0.8431
	0.8335
	0.8235

	E
	29
	0.9325
	0.9276
	0.9225
	0.9171
	0.9115
	0.9055
	0.8992
	0.8927
	0.8857
	0.8783
	0.8705
	0.8624
	0.8538
	0.8448
	0.8352
	0.8252

	N
	30
	0.9338
	0.9290
	0.9239
	0.9186
	0.9130
	0.9070
	0.9008
	0.8943
	0.8873
	0.8800
	0.8722
	0.8641
	0.8555
	0.8465
	0.8370
	0.8269

	E
	31
	0.9352
	0.9304
	0.9254
	0.9201
	0.9146
	0.9086
	0.9024
	0.8959
	0.8890
	0.8817
	0.8740
	0.8659
	0.8573
	0.8483
	0.8388
	0.8288

	F
	32
	0.9366
	0.9319
	0.9269
	0.9216
	0.9162
	0.9103
	0.9041
	0.8976
	0.8907
	0.8835
	0.8758
	0.8677
	0.8592
	0.8502
	0.8407
	0.8307

	I
	33
	0.9381
	0.9334
	0.9285
	0.9233
	0.9178
	0.9119
	0.9058
	0.8994
	0.8926
	0.8853
	0.8777
	0.8696
	0.8611
	0.8522
	0.8427
	0.8327

	C
	34
	0.9396
	0.9350
	0.9301
	0.9249
	0.9195
	0.9137
	0.9076
	0.9012
	0.8944
	0.8872
	0.8796
	0.8716
	0.8631
	0.8542
	0.8447
	0.8348

	I
	35
	0.9411
	0.9365
	0.9317
	0.9266
	0.9212
	0.9155
	0.9094
	0.9031
	0.8963
	0.8892
	0.8816
	0.8736
	0.8652
	0.8563
	0.8469
	0.8370

	A
	36
	0.9427
	0.9381
	0.9334
	0.9284
	0.9230
	0.9173
	0.9113
	0.9050
	0.8983
	0.8912
	0.8837
	0.8758
	0.8673
	0.8585
	0.8491
	0.8392

	R
	37
	0.9443
	0.9398
	0.9351
	0.9301
	0.9248
	0.9192
	0.9133
	0.9070
	0.9004
	0.8933
	0.8858
	0.8779
	0.8696
	0.8607
	0.8514
	0.8415

	Y
	38
	0.9458
	0.9414
	0.9368
	0.9319
	0.9267
	0.9211
	0.9152
	0.9090
	0.9025
	0.8954
	0.8880
	0.8801
	0.8719
	0.8631
	0.8538
	0.8440

	 
	39
	0.9474
	0.9431
	0.9386
	0.9337
	0.9285
	0.9230
	0.9173
	0.9111
	0.9046
	0.8976
	0.8903
	0.8825
	0.8742
	0.8655
	0.8562
	0.8464

	 
	40
	0.9491
	0.9448
	0.9403
	0.9355
	0.9304
	0.9250
	0.9193
	0.9133
	0.9068
	0.8999
	0.8926
	0.8849
	0.8767
	0.8680
	0.8588
	0.8490

	 
	41
	0.9507
	0.9465
	0.9420
	0.9374
	0.9324
	0.9270
	0.9213
	0.9154
	0.9090
	0.9022
	0.8949
	0.8873
	0.8792
	0.8706
	0.8614
	0.8517

	 
	42
	0.9523
	0.9482
	0.9438
	0.9393
	0.9343
	0.9291
	0.9235
	0.9176
	0.9113
	0.9046
	0.8974
	0.8898
	0.8818
	0.8732
	0.8641
	0.8545

	 
	43
	0.9539
	0.9499
	0.9457
	0.9411
	0.9363
	0.9311
	0.9257
	0.9198
	0.9136
	0.9070
	0.8999
	0.8924
	0.8844
	0.8759
	0.8669
	0.8573

	 
	44
	0.9555
	0.9516
	0.9475
	0.9430
	0.9383
	0.9332
	0.9278
	0.9221
	0.9160
	0.9094
	0.9024
	0.8950
	0.8871
	0.8787
	0.8697
	0.8602

	 
	45
	0.9571
	0.9533
	0.9492
	0.9449
	0.9403
	0.9353
	0.9300
	0.9244
	0.9183
	0.9119
	0.9050
	0.8976
	0.8898
	0.8815
	0.8726
	0.8632

	 
	46
	0.9587
	0.9550
	0.9510
	0.9468
	0.9423
	0.9374
	0.9322
	0.9267
	0.9208
	0.9144
	0.9076
	0.9003
	0.8926
	0.8844
	0.8756
	0.8663

	 
	47
	0.9603
	0.9566
	0.9528
	0.9487
	0.9443
	0.9395
	0.9344
	0.9290
	0.9232
	0.9169
	0.9103
	0.9031
	0.8955
	0.8874
	0.8787
	0.8695

	 
	48
	0.9618
	0.9583
	0.9546
	0.9505
	0.9463
	0.9416
	0.9366
	0.9314
	0.9256
	0.9194
	0.9129
	0.9059
	0.8984
	0.8904
	0.8818
	0.8727

	 
	49
	0.9633
	0.9599
	0.9563
	0.9524
	0.9482
	0.9437
	0.9388
	0.9337
	0.9281
	0.9221
	0.9156
	0.9087
	0.9013
	0.8934
	0.8849
	0.8760

	 
	50
	0.9649
	0.9616
	0.9580
	0.9543
	0.9502
	0.9458
	0.9411
	0.9360
	0.9306
	0.9246
	0.9184
	0.9115
	0.9043
	0.8965
	0.8881
	0.8793

	 
	51
	0.9663
	0.9632
	0.9597
	0.9561
	0.9521
	0.9479
	0.9432
	0.9383
	0.9330
	0.9272
	0.9211
	0.9144
	0.9073
	0.8996
	0.8914
	0.8827

	 
	52
	0.9678
	0.9647
	0.9614
	0.9579
	0.9541
	0.9499
	0.9454
	0.9407
	0.9355
	0.9298
	0.9238
	0.9173
	0.9103
	0.9028
	0.8947
	0.8861










Exhibit  10.1.1



Sub appendix A. 2
Table  J
Distributions Beginning On And After July 1, 2004
50% Joint And Survivor With Pop-Up
O&R Participants
Age of Pensioner
	
																		
	 
	 
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58
	59
	60
	61

	A
	53
	0.9692
	0.9662
	0.9631
	0.9597
	0.9559
	0.9519
	0.9476
	0.9429
	0.9379
	0.9324
	0.9265
	0.9202
	0.9134
	0.9060
	0.8981
	0.8896

	G
	54
	0.9706
	0.9677
	0.9647
	0.9614
	0.9578
	0.9539
	0.9497
	0.9452
	0.9404
	0.9350
	0.9292
	0.9230
	0.9164
	0.9092
	0.9014
	0.8931

	E
	55
	0.9719
	0.9692
	0.9662
	0.9631
	0.9596
	0.9558
	0.9518
	0.9475
	0.9427
	0.9375
	0.9320
	0.9260
	0.9194
	0.9124
	0.9047
	0.8966

	 
	56
	0.9732
	0.9706
	0.9678
	0.9647
	0.9614
	0.9578
	0.9539
	0.9497
	0.9451
	0.9401
	0.9347
	0.9288
	0.9225
	0.9156
	0.9081
	0.9001

	O
	57
	0.9745
	0.9719
	0.9692
	0.9664
	0.9632
	0.9596
	0.9559
	0.9519
	0.9474
	0.9426
	0.9373
	0.9317
	0.9254
	0.9188
	0.9115
	0.9037

	F
	58
	0.9757
	0.9733
	0.9708
	0.9679
	0.9649
	0.9615
	0.9579
	0.9540
	0.9497
	0.9450
	0.9399
	0.9344
	0.9284
	0.9220
	0.9148
	0.9073

	 
	59
	0.9769
	0.9746
	0.9721
	0.9695
	0.9665
	0.9633
	0.9598
	0.9561
	0.9520
	0.9474
	0.9426
	0.9372
	0.9314
	0.9251
	0.9182
	0.9108

	 
	60
	0.9780
	0.9758
	0.9735
	0.9709
	0.9681
	0.9650
	0.9617
	0.9581
	0.9542
	0.9498
	0.9451
	0.9400
	0.9343
	0.9282
	0.9215
	0.9143

	B
	61
	0.9791
	0.9770
	0.9748
	0.9723
	0.9697
	0.9667
	0.9635
	0.9602
	0.9563
	0.9521
	0.9476
	0.9426
	0.9372
	0.9313
	0.9247
	0.9178

	E
	62
	0.9802
	0.9782
	0.9761
	0.9737
	0.9712
	0.9683
	0.9653
	0.9621
	0.9584
	0.9544
	0.9500
	0.9452
	0.9400
	0.9343
	0.9280
	0.9212

	N
	63
	0.9812
	0.9793
	0.9773
	0.9750
	0.9727
	0.9700
	0.9671
	0.9639
	0.9604
	0.9566
	0.9524
	0.9478
	0.9428
	0.9373
	0.9312
	0.9247

	E
	64
	0.9822
	0.9804
	0.9784
	0.9763
	0.9740
	0.9715
	0.9687
	0.9658
	0.9624
	0.9587
	0.9547
	0.9503
	0.9454
	0.9402
	0.9343
	0.9280

	F
	65
	0.9831
	0.9814
	0.9795
	0.9775
	0.9754
	0.9729
	0.9703
	0.9675
	0.9643
	0.9608
	0.9570
	0.9527
	0.9481
	0.9430
	0.9373
	0.9312

	I
	66
	0.9840
	0.9823
	0.9806
	0.9787
	0.9766
	0.9744
	0.9718
	0.9692
	0.9661
	0.9628
	0.9592
	0.9551
	0.9506
	0.9458
	0.9403
	0.9344

	C
	67
	0.9848
	0.9833
	0.9816
	0.9798
	0.9779
	0.9757
	0.9733
	0.9708
	0.9679
	0.9647
	0.9612
	0.9574
	0.9531
	0.9485
	0.9432
	0.9376

	I
	68
	0.9856
	0.9841
	0.9826
	0.9809
	0.9790
	0.9770
	0.9747
	0.9723
	0.9696
	0.9666
	0.9633
	0.9596
	0.9556
	0.9511
	0.9460
	0.9406

	A
	69
	0.9864
	0.9850
	0.9835
	0.9820
	0.9802
	0.9782
	0.9761
	0.9738
	0.9712
	0.9684
	0.9652
	0.9617
	0.9578
	0.9536
	0.9488
	0.9436

	R
	70
	0.9872
	0.9858
	0.9844
	0.9829
	0.9813
	0.9794
	0.9774
	0.9752
	0.9728
	0.9700
	0.9670
	0.9637
	0.9601
	0.9560
	0.9515
	0.9465

	Y
	71
	0.9879
	0.9866
	0.9853
	0.9838
	0.9823
	0.9805
	0.9786
	0.9766
	0.9743
	0.9717
	0.9689
	0.9657
	0.9622
	0.9583
	0.9540
	0.9493

	 
	72
	0.9885
	0.9873
	0.9861
	0.9847
	0.9833
	0.9816
	0.9798
	0.9779
	0.9757
	0.9733
	0.9706
	0.9676
	0.9643
	0.9606
	0.9565
	0.9520

	 
	73
	0.9891
	0.9880
	0.9868
	0.9855
	0.9842
	0.9826
	0.9809
	0.9791
	0.9771
	0.9748
	0.9722
	0.9694
	0.9663
	0.9628
	0.9589
	0.9546

	 
	74
	0.9898
	0.9887
	0.9876
	0.9863
	0.9850
	0.9836
	0.9820
	0.9803
	0.9784
	0.9761
	0.9738
	0.9711
	0.9681
	0.9648
	0.9611
	0.9570

	 
	75
	0.9904
	0.9893
	0.9882
	0.9871
	0.9859
	0.9845
	0.9830
	0.9814
	0.9796
	0.9775
	0.9753
	0.9728
	0.9700
	0.9668
	0.9633
	0.9594

	 
	76
	0.9909
	0.9899
	0.9889
	0.9879
	0.9867
	0.9854
	0.9840
	0.9824
	0.9807
	0.9788
	0.9767
	0.9743
	0.9717
	0.9687
	0.9653
	0.9617

	 
	77
	0.9914
	0.9904
	0.9896
	0.9885
	0.9874
	0.9862
	0.9849
	0.9835
	0.9818
	0.9800
	0.9780
	0.9758
	0.9733
	0.9705
	0.9674
	0.9639

	 
	78
	0.9919
	0.9910
	0.9901
	0.9892
	0.9882
	0.9869
	0.9857
	0.9844
	0.9829
	0.9812
	0.9793
	0.9772
	0.9748
	0.9722
	0.9692
	0.9659

	 
	79
	0.9923
	0.9915
	0.9907
	0.9898
	0.9888
	0.9877
	0.9866
	0.9853
	0.9839
	0.9823
	0.9805
	0.9785
	0.9763
	0.9739
	0.9711
	0.9679

	 
	80
	0.9928
	0.9920
	0.9913
	0.9904
	0.9894
	0.9884
	0.9873
	0.9862
	0.9848
	0.9833
	0.9817
	0.9799
	0.9777
	0.9754
	0.9727
	0.9698

	 
	81
	0.9932
	0.9925
	0.9917
	0.9910
	0.9900
	0.9891
	0.9881
	0.9870
	0.9858
	0.9843
	0.9828
	0.9810
	0.9791
	0.9769
	0.9743
	0.9716

	 
	82
	0.9936
	0.9929
	0.9922
	0.9914
	0.9906
	0.9897
	0.9888
	0.9878
	0.9866
	0.9853
	0.9838
	0.9822
	0.9803
	0.9783
	0.9759
	0.9732

	 
	83
	0.9940
	0.9933
	0.9926
	0.9920
	0.9912
	0.9903
	0.9894
	0.9885
	0.9874
	0.9861
	0.9848
	0.9832
	0.9815
	0.9796
	0.9774
	0.9749

	 
	84
	0.9943
	0.9937
	0.9931
	0.9924
	0.9917
	0.9909
	0.9901
	0.9892
	0.9881
	0.9870
	0.9857
	0.9842
	0.9827
	0.9808
	0.9788
	0.9764

	 
	85
	0.9947
	0.9941
	0.9935
	0.9929
	0.9922
	0.9914
	0.9906
	0.9898
	0.9889
	0.9878
	0.9865
	0.9853
	0.9837
	0.9821
	0.9801
	0.9779










Exhibit  10.1.1



Sub appendix A. 2
Table  J
Distributions Beginning On And After July 1, 2004
50% Joint And Survivor With Pop-Up
O&R Participants
Age of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	20
	0.8017
	0.7906
	0.7790
	0.7669
	0.7543
	0.7412
	0.7278
	0.7138
	0.6994
	0.6846
	0.6693
	0.6536
	0.6376
	0.6212
	 
	 

	G
	21
	0.8029
	0.7917
	0.7802
	0.7681
	0.7554
	0.7424
	0.7290
	0.7150
	0.7006
	0.6858
	0.6705
	0.6548
	0.6387
	0.6223
	 
	 

	E
	22
	0.8041
	0.7930
	0.7814
	0.7693
	0.7567
	0.7436
	0.7302
	0.7162
	0.7018
	0.6870
	0.6717
	0.6560
	0.6400
	0.6235
	 
	 

	 
	23
	0.8054
	0.7943
	0.7827
	0.7706
	0.7580
	0.7450
	0.7315
	0.7175
	0.7031
	0.6883
	0.6730
	0.6573
	0.6412
	0.6247
	 
	 

	O
	24
	0.8068
	0.7957
	0.7841
	0.7720
	0.7594
	0.7463
	0.7329
	0.7189
	0.7044
	0.6896
	0.6744
	0.6586
	0.6425
	0.6260
	 
	 

	F
	25
	0.8082
	0.7971
	0.7856
	0.7734
	0.7608
	0.7478
	0.7343
	0.7203
	0.7059
	0.6910
	0.6758
	0.6600
	0.6439
	0.6274
	 
	 

	 
	26
	0.8097
	0.7986
	0.7871
	0.7750
	0.7623
	0.7493
	0.7358
	0.7218
	0.7073
	0.6925
	0.6773
	0.6615
	0.6454
	0.6289
	 
	 

	 
	27
	0.8113
	0.8002
	0.7886
	0.7765
	0.7639
	0.7509
	0.7374
	0.7234
	0.7090
	0.6941
	0.6788
	0.6630
	0.6469
	0.6304
	 
	 

	B
	28
	0.8129
	0.8018
	0.7903
	0.7782
	0.7656
	0.7525
	0.7391
	0.7251
	0.7106
	0.6958
	0.6805
	0.6647
	0.6485
	0.6320
	 
	 

	E
	29
	0.8146
	0.8035
	0.7920
	0.7799
	0.7673
	0.7543
	0.7408
	0.7268
	0.7124
	0.6975
	0.6822
	0.6664
	0.6503
	0.6337
	 
	 

	N
	30
	0.8164
	0.8054
	0.7938
	0.7817
	0.7691
	0.7561
	0.7426
	0.7287
	0.7142
	0.6993
	0.6840
	0.6682
	0.6520
	0.6355
	 
	 

	E
	31
	0.8182
	0.8072
	0.7957
	0.7836
	0.7711
	0.7580
	0.7445
	0.7305
	0.7161
	0.7012
	0.6859
	0.6701
	0.6539
	0.6373
	 
	 

	F
	32
	0.8202
	0.8092
	0.7977
	0.7856
	0.7731
	0.7600
	0.7465
	0.7326
	0.7181
	0.7032
	0.6879
	0.6721
	0.6559
	0.6393
	 
	 

	I
	33
	0.8222
	0.8113
	0.7997
	0.7877
	0.7751
	0.7621
	0.7486
	0.7346
	0.7202
	0.7053
	0.6900
	0.6741
	0.6579
	0.6413
	 
	 

	C
	34
	0.8243
	0.8134
	0.8018
	0.7898
	0.7773
	0.7643
	0.7508
	0.7368
	0.7224
	0.7075
	0.6922
	0.6763
	0.6601
	0.6435
	 
	 

	I
	35
	0.8265
	0.8156
	0.8041
	0.7921
	0.7795
	0.7665
	0.7531
	0.7391
	0.7246
	0.7098
	0.6945
	0.6786
	0.6624
	0.6457
	 
	 

	A
	36
	0.8288
	0.8179
	0.8065
	0.7945
	0.7819
	0.7689
	0.7555
	0.7415
	0.7271
	0.7122
	0.6969
	0.6810
	0.6648
	0.6481
	 
	 

	R
	37
	0.8312
	0.8203
	0.8089
	0.7969
	0.7844
	0.7714
	0.7580
	0.7440
	0.7296
	0.7147
	0.6994
	0.6835
	0.6673
	0.6506
	 
	 

	Y
	38
	0.8336
	0.8228
	0.8114
	0.7995
	0.7869
	0.7740
	0.7606
	0.7466
	0.7322
	0.7173
	0.7020
	0.6861
	0.6699
	0.6532
	 
	 

	 
	39
	0.8362
	0.8254
	0.8140
	0.8021
	0.7896
	0.7767
	0.7633
	0.7493
	0.7349
	0.7201
	0.7047
	0.6888
	0.6726
	0.6559
	 
	 

	 
	40
	0.8388
	0.8281
	0.8167
	0.8048
	0.7924
	0.7795
	0.7661
	0.7522
	0.7378
	0.7229
	0.7076
	0.6917
	0.6755
	0.6588
	 
	 

	 
	41
	0.8415
	0.8308
	0.8195
	0.8077
	0.7953
	0.7824
	0.7690
	0.7552
	0.7407
	0.7259
	0.7106
	0.6947
	0.6785
	0.6618
	 
	 

	 
	42
	0.8443
	0.8337
	0.8224
	0.8106
	0.7982
	0.7854
	0.7721
	0.7583
	0.7438
	0.7290
	0.7137
	0.6978
	0.6816
	0.6648
	 
	 

	 
	43
	0.8473
	0.8366
	0.8254
	0.8137
	0.8014
	0.7886
	0.7753
	0.7614
	0.7471
	0.7322
	0.7170
	0.7011
	0.6848
	0.6681
	 
	 

	 
	44
	0.8502
	0.8396
	0.8285
	0.8169
	0.8046
	0.7918
	0.7786
	0.7648
	0.7504
	0.7356
	0.7203
	0.7045
	0.6882
	0.6715
	 
	 

	 
	45
	0.8533
	0.8428
	0.8317
	0.8201
	0.8079
	0.7952
	0.7820
	0.7682
	0.7539
	0.7391
	0.7239
	0.7080
	0.6918
	0.6750
	 
	 

	 
	46
	0.8564
	0.8460
	0.8350
	0.8235
	0.8113
	0.7986
	0.7855
	0.7718
	0.7575
	0.7428
	0.7275
	0.7117
	0.6955
	0.6788
	 
	 

	 
	47
	0.8597
	0.8494
	0.8384
	0.8269
	0.8148
	0.8022
	0.7892
	0.7755
	0.7613
	0.7465
	0.7313
	0.7155
	0.6993
	0.6826
	 
	 

	 
	48
	0.8630
	0.8527
	0.8420
	0.8305
	0.8185
	0.8060
	0.7929
	0.7793
	0.7651
	0.7505
	0.7353
	0.7195
	0.7033
	0.6866
	 
	 

	 
	49
	0.8664
	0.8563
	0.8455
	0.8342
	0.8222
	0.8098
	0.7968
	0.7833
	0.7692
	0.7546
	0.7394
	0.7236
	0.7075
	0.6908
	 
	 

	 
	50
	0.8698
	0.8598
	0.8492
	0.8379
	0.8261
	0.8137
	0.8008
	0.7874
	0.7733
	0.7588
	0.7436
	0.7280
	0.7118
	0.6951
	 
	 

	 
	51
	0.8733
	0.8634
	0.8529
	0.8418
	0.8301
	0.8178
	0.8050
	0.7916
	0.7776
	0.7631
	0.7481
	0.7324
	0.7164
	0.6997
	 
	 

	 
	52
	0.8769
	0.8671
	0.8567
	0.8457
	0.8341
	0.8219
	0.8093
	0.7960
	0.7820
	0.7676
	0.7526
	0.7370
	0.7210
	0.7044
	 
	 










Exhibit  10.1.1



Sub appendix A. 2
Table  J
Distributions Beginning On And After July 1, 2004
50% Joint And Survivor With Pop-Up
O&R Participants
Age of Pensioner
	
																		
	 
	 
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75
	 
	 

	A
	53
	0.8805
	0.8708
	0.8606
	0.8498
	0.8383
	0.8262
	0.8136
	0.8004
	0.7866
	0.7723
	0.7574
	0.7419
	0.7258
	0.7093
	 
	 

	G
	54
	0.8841
	0.8747
	0.8646
	0.8538
	0.8425
	0.8305
	0.8181
	0.8050
	0.7913
	0.7771
	0.7623
	0.7468
	0.7309
	0.7143
	 
	 

	E
	55
	0.8878
	0.8785
	0.8686
	0.8580
	0.8468
	0.8350
	0.8227
	0.8097
	0.7961
	0.7820
	0.7673
	0.7519
	0.7361
	0.7196
	 
	 

	 
	56
	0.8915
	0.8824
	0.8726
	0.8622
	0.8512
	0.8395
	0.8273
	0.8145
	0.8010
	0.7871
	0.7725
	0.7572
	0.7414
	0.7251
	 
	 

	O
	57
	0.8953
	0.8864
	0.8767
	0.8665
	0.8556
	0.8441
	0.8321
	0.8195
	0.8061
	0.7923
	0.7778
	0.7626
	0.7469
	0.7307
	 
	 

	F
	58
	0.8990
	0.8902
	0.8809
	0.8708
	0.8601
	0.8488
	0.8369
	0.8245
	0.8113
	0.7976
	0.7832
	0.7682
	0.7526
	0.7365
	 
	 

	 
	59
	0.9028
	0.8942
	0.8850
	0.8751
	0.8646
	0.8535
	0.8418
	0.8295
	0.8165
	0.8030
	0.7888
	0.7738
	0.7585
	0.7424
	 
	 

	 
	60
	0.9065
	0.8981
	0.8891
	0.8795
	0.8692
	0.8583
	0.8468
	0.8346
	0.8218
	0.8085
	0.7944
	0.7797
	0.7644
	0.7485
	 
	 

	B
	61
	0.8352
	0.9020
	0.8932
	0.8838
	0.8737
	0.8630
	0.8518
	0.8398
	0.8272
	0.8141
	0.8002
	0.7856
	0.7705
	0.7547
	 
	 

	E
	62
	0.9139
	0.9059
	0.8973
	0.8881
	0.8783
	0.8678
	0.8568
	0.8451
	0.8327
	0.8197
	0.8061
	0.7916
	0.7767
	0.7611
	 
	 

	N
	63
	0.9175
	0.9098
	0.9014
	0.8925
	0.8828
	0.8726
	0.8618
	0.8503
	0.8381
	0.8254
	0.8119
	0.7978
	0.7830
	0.7676
	 
	 

	E
	64
	0.9210
	0.9135
	0.9055
	0.8968
	0.8874
	0.8774
	0.8668
	0.8556
	0.8436
	0.8312
	0.8179
	0.8039
	0.7894
	0.7742
	 
	 

	F
	65
	0.9246
	0.9174
	0.9095
	0.9010
	0.8919
	0.8821
	0.8718
	0.8608
	0.8491
	0.8369
	0.8240
	0.8102
	0.7959
	0.7808
	 
	 

	I
	66
	0.9280
	0.9210
	0.9134
	0.9052
	0.8963
	0.8869
	0.8769
	0.8661
	0.8547
	0.8427
	0.8299
	0.8165
	0.8024
	0.7876
	 
	 

	C
	67
	0.9314
	0.9246
	0.9173
	0.9094
	0.9007
	0.8916
	0.8818
	0.8713
	0.8601
	0.8485
	0.8360
	0.8228
	0.8089
	0.7944
	 
	 

	I
	68
	0.9347
	0.9282
	0.9211
	0.9134
	0.9051
	0.8961
	0.8867
	0.8765
	0.8657
	0.8542
	0.8420
	0.8290
	0.8155
	0.8012
	 
	 

	A
	69
	0.9379
	0.9316
	0.9248
	0.9174
	0.9093
	0.9007
	0.8915
	0.8816
	0.8710
	0.8599
	0.8480
	0.8354
	0.8221
	0.8081
	 
	 

	R
	70
	0.9410
	0.9350
	0.9284
	0.9213
	0.9135
	0.9051
	0.8962
	0.8867
	0.8764
	0.8656
	0.8540
	0.8416
	0.8287
	0.8149
	 
	 

	Y
	71
	0.9440
	0.9383
	0.9319
	0.9251
	0.9175
	0.9095
	0.9009
	0.8917
	0.8817
	0.8711
	0.8599
	0.8478
	0.8352
	0.8217
	 
	 

	 
	72
	0.9469
	0.9414
	0.9354
	0.9288
	0.9215
	0.9138
	0.9055
	0.8965
	0.8868
	0.8766
	0.8657
	0.8540
	0.8417
	0.8285
	 
	 

	 
	73
	0.9497
	0.9445
	0.9387
	0.9324
	0.9254
	0.9180
	0.9100
	0.9014
	0.8920
	0.8821
	0.8715
	0.8601
	0.8481
	0.8353
	 
	 

	 
	74
	0.9525
	0.9474
	0.9419
	0.9359
	0.9292
	0.9220
	0.9143
	0.9060
	0.8970
	0.8874
	0.8772
	0.8661
	0.8544
	0.8420
	 
	 

	 
	75
	0.9551
	0.9503
	0.9449
	0.9392
	0.9328
	0.9259
	0.9185
	0.9105
	0.9019
	0.8926
	0.8827
	0.8720
	0.8607
	0.8485
	 
	 

	 
	76
	0.9576
	0.9530
	0.9479
	0.9424
	0.9363
	0.9298
	0.9227
	0.9150
	0.9066
	0.8977
	0.8882
	0.8777
	0.8668
	0.8551
	 
	 

	 
	77
	0.9600
	0.9556
	0.9508
	0.9455
	0.9397
	0.9334
	0.9266
	0.9192
	0.9112
	0.9026
	0.8934
	0.8834
	0.8728
	0.8614
	 
	 

	 
	78
	0.9622
	0.9581
	0.9535
	0.9485
	0.9430
	0.9369
	0.9305
	0.9233
	0.9157
	0.9075
	0.8986
	0.8889
	0.8787
	0.8677
	 
	 

	 
	79
	0.9644
	0.9605
	0.9562
	0.9514
	0.9461
	0.9403
	0.9341
	0.9273
	0.9200
	0.9121
	0.9036
	0.8943
	0.8844
	0.8737
	 
	 

	 
	80
	0.9664
	0.9628
	0.9587
	0.9542
	0.9490
	0.9436
	0.9377
	0.9313
	0.9242
	0.9167
	0.9084
	0.8995
	0.8900
	0.8797
	 
	 

	 
	81
	0.9685
	0.9649
	0.9611
	0.9567
	0.9520
	0.9467
	0.9411
	0.9350
	0.9282
	0.9209
	0.9131
	0.9045
	0.8953
	0.8855
	 
	 

	 
	82
	0.9703
	0.9670
	0.9634
	0.9593
	0.9547
	0.9497
	0.9444
	0.9385
	0.9321
	0.9252
	0.9177
	0.9094
	0.9007
	0.8911
	 
	 

	 
	83
	0.9721
	0.9690
	0.9655
	0.9616
	0.9574
	0.9527
	0.9476
	0.9419
	0.9358
	0.9293
	0.9221
	0.9142
	0.9058
	0.8966
	 
	 

	 
	84
	0.9739
	0.9709
	0.9676
	0.9640
	0.9598
	0.9554
	0.9506
	0.9453
	0.9394
	0.9332
	0.9263
	0.9188
	0.9107
	0.9019
	 
	 

	 
	85
	0.9755
	0.9727
	0.9696
	0.9662
	0.9622
	0.9581
	0.9535
	0.9484
	0.9429
	0.9370
	0.9304
	0.9232
	0.9155
	0.9072
	 
	 











Exhibit  10.1.1



Sub Appendix A. 2


Table  K - 


O&R Participants
For Distributions Beginning On and After  July 1, 2004
Reduction Factors For 
Vested Participant Spouse’s Allowance Coverage


Applied for each year of coverage after termination of employment (or if later, from the time that the vested Participant has been given notice of his or her right to waive the vested Participant Spouse’s Allowance) and before the earlier of death or the Annuity Starting Date.




Vested Participant’s Age Range        Factors per Year of Coverage


60 and over                             .80%
55 - 59                    .55%
50 - 54                    .35%
45 - 49                    20%
40 - 44                    .15%
39 and under                              10%




The factors per year of coverage shall be pro-rated for months of coverage in the established age ranges in a manner determined by the Plan Administrator.
























































Exhibit  10.1.1



Sub appendix A. 2


Table L


O&R Participants






For purposes of calculating payment of Actuarial Equivalent which are otherwise not set forth in the Plan, the Plan Administrator has adopted the interest rate and mortality table described in Section 5.01(c)(3) as the interest rate and mortality table to be used on and after January 1, 2000 in all circumstances required by Code Section 417(e) and the regulations thereunder.






























































































Exhibit  10.1.1





Sub appendix A. 3
Table  A
CEI Participants


12 Year Certain and Life Annuity


	
					
	 
	 
	 
	 
	 

	Pensioner Age
	Factor
	 
	Pensioner Age
	Factor

	25
	0.9987
	 
	50
	0.9872

	26
	0.9986
	 
	51
	0.9860

	27
	0.9985
	 
	52
	0.9846

	28
	0.9984
	 
	53
	0.9831

	29
	0.9984
	 
	54
	0.9813

	30
	0.9982
	 
	55
	0.9794

	31
	0.9980
	 
	56
	0.9770

	32
	0.9979
	 
	57
	0.9746

	33
	0.9977
	 
	58
	0.9716

	34
	0.9976
	 
	59
	0.9683

	35
	0.9973
	 
	60
	0.9644

	36
	0.9970
	 
	61
	0.9599

	37
	0.9968
	 
	62
	0.9549

	38
	0.9965
	 
	63
	0.9493

	39
	0.9960
	 
	64
	0.9428

	40
	0.9956
	 
	65
	0.9357

	41
	0.9951
	 
	66
	0.9276

	42
	0.9946
	 
	67
	0.9185

	43
	0.9939
	 
	68
	0.9085

	44
	0.9932
	 
	69
	0.8975

	45
	0.9923
	 
	70
	0.8854

	46
	0.9915
	 
	71
	0.8722

	47
	0.9905
	 
	72
	0.8578

	48
	0.9895
	 
	73
	0.8420

	49
	0.9884
	 
	74
	0.8249

	 
	 
	 
	75
	0.8068













Exhibit  10.1.1





Sub appendix A. 3
Table  B


100% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner
	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	 
	25
	0.9822
	0.9806
	0.9790
	0.9772
	0.9753
	0.9733
	0.9710
	0.9686
	0.9659
	0.9631
	0.9600
	0.9567
	0.9532
	0.9494
	0.9454
	0.9409
	0.9363

	 
	26
	0.9826
	0.9811
	0.9796
	0.9778
	0.9760
	0.9739
	0.9716
	0.9693
	0.9666
	0.9639
	0.9608
	0.9576
	0.9540
	0.9503
	0.9463
	0.9420
	0.9373

	A
	27
	0.9831
	0.9817
	0.9801
	0.9784
	0.9766
	0.9746
	0.9723
	0.9700
	0.9674
	0.9647
	0.9617
	0.9584
	0.9550
	0.9513
	0.9473
	0.9430
	0.9383

	G
	28
	0.9836
	0.9822
	0.9807
	0.9790
	0.9772
	0.9752
	0.9730
	0.9708
	0.9682
	0.9655
	0.9625
	0.9594
	0.9559
	0.9523
	0.9483
	0.9441
	0.9395

	E
	29
	0.9840
	0.9827
	0.9812
	0.9795
	0.9778
	0.9759
	0.9737
	0.9715
	0.9690
	0.9664
	0.9634
	0.9603
	0.9569
	0.9533
	0.9493
	0.9452
	0.9406

	 
	30
	0.9846
	0.9832
	0.9817
	0.9801
	0.9785
	0.9766
	0.9744
	0.9723
	0.9697
	0.9672
	0.9643
	0.9612
	0.9579
	0.9543
	0.9505
	0.9463
	0.9418

	O
	31
	0.9851
	0.9837
	0.9823
	0.9807
	0.9791
	0.9772
	0.9751
	0.9731
	0.9706
	0.9681
	0.9652
	0.9622
	0.9589
	0.9554
	0.9516
	0.9474
	0.9430

	F
	32
	0.9855
	0.9842
	0.9828
	0.9813
	0.9797
	0.9779
	0.9759
	0.9738
	0.9714
	0.9689
	0.9662
	0.9632
	0.9600
	0.9565
	0.9527
	0.9486
	0.9443

	 
	33
	0.9860
	0.9847
	0.9834
	0.9819
	0.9804
	0.9786
	0.9766
	0.9746
	0.9722
	0.9698
	0.9671
	0.9642
	0.9610
	0.9576
	0.9539
	0.9499
	0.9455

	B
	34
	0.9864
	0.9852
	0.9839
	0.9825
	0.9810
	0.9793
	0.9774
	0.9753
	0.9730
	0.9707
	0.9680
	0.9652
	0.9620
	0.9587
	0.9551
	0.9511
	0.9469

	E
	35
	0.9869
	0.9857
	0.9845
	0.9831
	0.9816
	0.9799
	0.9781
	0.9761
	0.9739
	0.9716
	0.9690
	0.9662
	0.9631
	0.9599
	0.9563
	0.9524
	0.9482

	N
	36
	0.9873
	0.9863
	0.9850
	0.9837
	0.9822
	0.9806
	0.9788
	0.9769
	0.9748
	0.9725
	0.9700
	0.9672
	0.9643
	0.9610
	0.9575
	0.9537
	0.9495

	E
	37
	0.9878
	0.9867
	0.9855
	0.9842
	0.9829
	0.9813
	0.9795
	0.9777
	0.9756
	0.9734
	0.9709
	0.9683
	0.9653
	0.9622
	0.9588
	0.9550
	0.9509

	F
	38
	0.9882
	0.9872
	0.9861
	0.9848
	0.9835
	0.9820
	0.9803
	0.9785
	0.9764
	0.9743
	0.9719
	0.9693
	0.9664
	0.9634
	0.9600
	0.9563
	0.9523

	I
	39
	0.9887
	0.9876
	0.9866
	0.9853
	0.9841
	0.9826
	0.9810
	0.9793
	0.9772
	0.9752
	0.9729
	0.9703
	0.9676
	0.9645
	0.9613
	0.9576
	0.9537

	C
	40
	0.9890
	0.9881
	0.9871
	0.9859
	0.9847
	0.9833
	0.9816
	0.9800
	0.9781
	0.9761
	0.9738
	0.9714
	0.9686
	0.9658
	0.9625
	0.9590
	0.9552

	I
	41
	0.9895
	0.9886
	0.9875
	0.9864
	0.9853
	0.9839
	0.9824
	0.9808
	0.9789
	0.9770
	0.9748
	0.9724
	0.9697
	0.9669
	0.9638
	0.9604
	0.9566

	A
	42
	0.9899
	0.9890
	0.9880
	0.9870
	0.9859
	0.9845
	0.9830
	0.9815
	0.9797
	0.9779
	0.9758
	0.9734
	0.9709
	0.9681
	0.9651
	0.9617
	0.9581

	R
	43
	0.9903
	0.9895
	0.9886
	0.9875
	0.9865
	0.9852
	0.9837
	0.9822
	0.9805
	0.9788
	0.9767
	0.9744
	0.9720
	0.9693
	0.9663
	0.9631
	0.9596

	Y
	44
	0.9907
	0.9899
	0.9890
	0.9880
	0.9870
	0.9858
	0.9844
	0.9830
	0.9813
	0.9796
	0.9776
	0.9754
	0.9731
	0.9705
	0.9676
	0.9645
	0.9610

	 
	45
	0.9911
	0.9903
	0.9894
	0.9885
	0.9876
	0.9863
	0.9851
	0.9837
	0.9820
	0.9804
	0.9785
	0.9764
	0.9741
	0.9716
	0.9689
	0.9658
	0.9625

	 
	46
	0.9914
	0.9907
	0.9899
	0.9890
	0.9881
	0.9869
	0.9856
	0.9844
	0.9828
	0.9812
	0.9794
	0.9774
	0.9752
	0.9728
	0.9701
	0.9672
	0.9639

	 
	47
	0.9918
	0.9911
	0.9903
	0.9895
	0.9886
	0.9875
	0.9863
	0.9851
	0.9836
	0.9820
	0.9803
	0.9784
	0.9762
	0.9739
	0.9714
	0.9685
	0.9654

	 
	48
	0.9922
	0.9915
	0.9908
	0.9899
	0.9891
	0.9881
	0.9869
	0.9858
	0.9843
	0.9829
	0.9812
	0.9793
	0.9773
	0.9751
	0.9725
	0.9698
	0.9668

	 
	49
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9886
	0.9875
	0.9864
	0.9850
	0.9837
	0.9821
	0.9802
	0.9783
	0.9761
	0.9738
	0.9712
	0.9682

	 
	50
	0.9928
	0.9922
	0.9916
	0.9908
	0.9900
	0.9891
	0.9881
	0.9870
	0.9857
	0.9844
	0.9829
	0.9812
	0.9792
	0.9772
	0.9750
	0.9724
	0.9696

	 
	51
	0.9932
	0.9926
	0.9920
	0.9912
	0.9906
	0.9897
	0.9887
	0.9877
	0.9864
	0.9851
	0.9837
	0.9821
	0.9803
	0.9783
	0.9761
	0.9737
	0.9710

	 
	52
	0.9935
	0.9930
	0.9924
	0.9917
	0.9910
	0.9902
	0.9892
	0.9883
	0.9870
	0.9859
	0.9845
	0.9829
	0.9812
	0.9793
	0.9773
	0.9749
	0.9723

	 
	53
	0.9938
	0.9933
	0.9927
	0.9921
	0.9914
	0.9907
	0.9898
	0.9889
	0.9877
	0.9865
	0.9852
	0.9838
	0.9821
	0.9803
	0.9784
	0.9761
	0.9737

	 
	54
	0.9941
	0.9936
	0.9931
	0.9925
	0.9919
	0.9911
	0.9903
	0.9894
	0.9883
	0.9873
	0.9860
	0.9846
	0.9830
	0.9813
	0.9794
	0.9773
	0.9749

	 
	55
	0.9944
	0.9939
	0.9935
	0.9929
	0.9923
	0.9916
	0.9907
	0.9900
	0.9890
	0.9880
	0.9867
	0.9854
	0.9839
	0.9823
	0.9805
	0.9784
	0.9762












Exhibit  10.1.1



Sub appendix A. 3
Table  B
100% Joint and Survivor Without Pop-Up
CEI Participants
Age of Pensioner
	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	 
	56
	0.9947
	0.9943
	0.9938
	0.9932
	0.9927
	0.9920
	0.9912
	0.9905
	0.9895
	0.9886
	0.9875
	0.9861
	0.9847
	0.9833
	0.9815
	0.9796
	0.9774

	 
	57
	0.9950
	0.9946
	0.9941
	0.9936
	0.9931
	0.9925
	0.9918
	0.9910
	0.9901
	0.9892
	0.9881
	0.9869
	0.9856
	0.9842
	0.9825
	0.9807
	0.9787

	 
	58
	0.9953
	0.9949
	0.9944
	0.9940
	0.9935
	0.9929
	0.9922
	0.9915
	0.9907
	0.9898
	0.9888
	0.9876
	0.9864
	0.9851
	0.9835
	0.9817
	0.9798

	A
	59
	0.9955
	0.9952
	0.9947
	0.9943
	0.9939
	0.9933
	0.9927
	0.9920
	0.9912
	0.9904
	0.9894
	0.9884
	0.9872
	0.9859
	0.9845
	0.9828
	0.9810

	G
	60
	0.9958
	0.9954
	0.9950
	0.9946
	0.9943
	0.9937
	0.9931
	0.9925
	0.9917
	0.9909
	0.9901
	0.9891
	0.9880
	0.9867
	0.9854
	0.9838
	0.9821

	E
	61
	0.9960
	0.9957
	0.9953
	0.9949
	0.9946
	0.9941
	0.9935
	0.9929
	0.9922
	0.9915
	0.9907
	0.9897
	0.9886
	0.9875
	0.9863
	0.9848
	0.9832

	 
	62
	0.9962
	0.9959
	0.9956
	0.9952
	0.9949
	0.9945
	0.9939
	0.9934
	0.9927
	0.9921
	0.9913
	0.9903
	0.9894
	0.9883
	0.9871
	0.9857
	0.9842

	 
	63
	0.9964
	0.9962
	0.9959
	0.9955
	0.9952
	0.9948
	0.9943
	0.9938
	0.9931
	0.9926
	0.9918
	0.9909
	0.9901
	0.9891
	0.9879
	0.9867
	0.9852

	O
	64
	0.9967
	0.9964
	0.9961
	0.9958
	0.9955
	0.9951
	0.9947
	0.9942
	0.9936
	0.9930
	0.9923
	0.9916
	0.9907
	0.9898
	0.9887
	0.9875
	0.9861

	F
	65
	0.9969
	0.9967
	0.9964
	0.9961
	0.9958
	0.9954
	0.9950
	0.9946
	0.9940
	0.9935
	0.9929
	0.9922
	0.9914
	0.9905
	0.9895
	0.9883
	0.9870

	 
	66
	0.9971
	0.9969
	0.9967
	0.9963
	0.9961
	0.9958
	0.9953
	0.9950
	0.9944
	0.9939
	0.9934
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892
	0.9880

	 
	67
	0.9973
	0.9971
	0.9969
	0.9966
	0.9964
	0.9960
	0.9956
	0.9953
	0.9948
	0.9944
	0.9938
	0.9932
	0.9925
	0.9918
	0.9909
	0.9899
	0.9888

	B
	68
	0.9975
	0.9973
	0.9971
	0.9968
	0.9966
	0.9963
	0.9959
	0.9956
	0.9952
	0.9948
	0.9943
	0.9937
	0.9930
	0.9924
	0.9916
	0.9906
	0.9896

	E
	69
	0.9976
	0.9975
	0.9972
	0.9970
	0.9969
	0.9966
	0.9962
	0.9960
	0.9955
	0.9952
	0.9947
	0.9941
	0.9936
	0.9929
	0.9922
	0.9913
	0.9903

	N
	70
	0.9978
	0.9976
	0.9975
	0.9972
	0.9971
	0.9969
	0.9965
	0.9963
	0.9958
	0.9955
	0.9951
	0.9946
	0.9940
	0.9935
	0.9927
	0.9920
	0.9910

	E
	71
	0.9979
	0.9978
	0.9976
	0.9975
	0.9973
	0.9971
	0.9968
	0.9965
	0.9962
	0.9959
	0.9955
	0.9950
	0.9945
	0.9940
	0.9934
	0.9926
	0.9917

	F
	72
	0.9981
	0.9980
	0.9978
	0.9977
	0.9975
	0.9973
	0.9971
	0.9968
	0.9965
	0.9962
	0.9958
	0.9954
	0.9949
	0.9945
	0.9939
	0.9932
	0.9924

	I
	73
	0.9982
	0.9981
	0.9980
	0.9978
	0.9978
	0.9975
	0.9973
	0.9971
	0.9967
	0.9965
	0.9962
	0.9958
	0.9954
	0.9949
	0.9944
	0.9937
	0.9931

	C
	74
	0.9984
	0.9983
	0.9981
	0.9980
	0.9979
	0.9977
	0.9975
	0.9974
	0.9970
	0.9968
	0.9965
	0.9961
	0.9958
	0.9953
	0.9948
	0.9942
	0.9936

	I
	75
	0.9985
	0.9984
	0.9983
	0.9981
	0.9981
	0.9979
	0.9977
	0.9976
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9958
	0.9953
	0.9947
	0.9941

	A
	76
	0.9986
	0.9985
	0.9984
	0.9983
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952
	0.9946

	R
	77
	0.9987
	0.9987
	0.9986
	0.9984
	0.9984
	0.9983
	0.9980
	0.9980
	0.9977
	0.9976
	0.9973
	0.9970
	0.9968
	0.9965
	0.9960
	0.9956
	0.9951

	Y
	78
	0.9988
	0.9987
	0.9987
	0.9986
	0.9985
	0.9984
	0.9983
	0.9981
	0.9979
	0.9978
	0.9976
	0.9973
	0.9971
	0.9968
	0.9964
	0.9960
	0.9955

	 
	79
	0.9990
	0.9989
	0.9988
	0.9987
	0.9987
	0.9986
	0.9984
	0.9983
	0.9981
	0.9980
	0.9978
	0.9975
	0.9973
	0.9971
	0.9967
	0.9963
	0.9959

	 
	80
	0.9990
	0.9990
	0.9989
	0.9988
	0.9988
	0.9987
	0.9985
	0.9985
	0.9983
	0.9982
	0.9980
	0.9978
	0.9975
	0.9974
	0.9971
	0.9967
	0.9963

	 
	81
	0.9991
	0.9990
	0.9990
	0.9989
	0.9989
	0.9988
	0.9986
	0.9986
	0.9984
	0.9983
	0.9982
	0.9980
	0.9978
	0.9976
	0.9974
	0.9970
	0.9966

	 
	82
	0.9992
	0.9991
	0.9991
	0.9990
	0.9990
	0.9989
	0.9988
	0.9987
	0.9986
	0.9985
	0.9983
	0.9982
	0.9980
	0.9978
	0.9976
	0.9973
	0.9969

	 
	83
	0.9993
	0.9992
	0.9992
	0.9991
	0.9991
	0.9990
	0.9989
	0.9989
	0.9987
	0.9986
	0.9985
	0.9983
	0.9982
	0.9980
	0.9978
	0.9976
	0.9973

	 
	84
	0.9993
	0.9993
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9975

	 
	85
	0.9994
	0.9993
	0.9993
	0.9993
	0.9993
	0.9992
	0.9991
	0.9991
	0.9989
	0.9989
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9980
	0.9978














Exhibit  10.1.1



Sub appendix A. 3
Table  B
100% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner
	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	





A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9314
	0.9261
	0.9205
	0.9145
	0.9083
	0.9017
	0.8947
	0.8874
	0.8797
	0.8717
	0.8632
	0.8543
	0.8449
	0.8351
	0.8247
	0.8138
	0.8024

	26
	0.9324
	0.9271
	0.9216
	0.9156
	0.9094
	0.9029
	0.8959
	0.8886
	0.8810
	0.8729
	0.8645
	0.8557
	0.8462
	0.8364
	0.8260
	0.8151
	0.8037

	27
	0.9335
	0.9283
	0.9227
	0.9168
	0.9106
	0.9041
	0.8972
	0.8899
	0.8823
	0.8743
	0.8659
	0.8570
	0.8476
	0.8378
	0.8274
	0.8165
	0.8051

	28
	0.9347
	0.9295
	0.9240
	0.9181
	0.9119
	0.9054
	0.8985
	0.8912
	0.8836
	0.8756
	0.8673
	0.8584
	0.8490
	0.8392
	0.8288
	0.8180
	0.8065

	29
	0.9359
	0.9307
	0.9252
	0.9194
	0.9133
	0.9068
	0.8999
	0.8927
	0.8851
	0.8771
	0.8688
	0.8599
	0.8506
	0.8408
	0.8304
	0.8195
	0.8081

	30
	0.9370
	0.9320
	0.9265
	0.9207
	0.9146
	0.9082
	0.9014
	0.8942
	0.8866
	0.8786
	0.8703
	0.8615
	0.8521
	0.8424
	0.8320
	0.8212
	0.8097

	31
	0.9383
	0.9333
	0.9279
	0.9221
	0.9160
	0.9097
	0.9028
	0.8957
	0.8882
	0.8803
	0.8719
	0.8632
	0.8539
	0.8441
	0.8337
	0.8230
	0.8115

	32
	0.9396
	0.9346
	0.9293
	0.9236
	0.9175
	0.9112
	0.9044
	0.8974
	0.8898
	0.8820
	0.8737
	0.8649
	0.8556
	0.8459
	0.8356
	0.8247
	0.9133

	33
	0.9409
	0.9360
	0.9307
	0.9250
	0.9191
	0.9128
	0.9061
	0.8990
	0.8916
	0.8837
	0.8755
	0.8668
	0.8574
	0.8478
	0.8374
	0.8267
	0.8153

	34
	0.9423
	0.9374
	0.9322
	0.9266
	0.9207
	0.9144
	0.9078
	0.9008
	0.8934
	0.8856
	0.8774
	0.8686
	0.8594
	0.8498
	0.8395
	0.8287
	0.8173

	35
	0.9438
	0.9389
	0.9337
	0.9282
	0.9224
	0.9161
	0.9095
	0.9026
	0.8953
	0.8875
	0.8793
	0.8707
	0.8615
	0.8518
	0.8416
	0.8309
	.08195

	36
	0.9452
	0.9404
	0.9353
	0.9298
	0.9241
	0.9179
	0.9114
	0.9045
	0.8972
	0.8895
	0.8813
	0.8728
	0.8636
	0.8540
	0.8438
	0.8331
	0.8217

	37
	0.9466
	0.9419
	0.9369
	0.9315
	0.9258
	0.9197
	0.9132
	0.9064
	0.8992
	0.8916
	0.8835
	0.8750
	0.8658
	0.8563
	0.8461
	0.8354
	0.8241

	38
	0.9481
	0.9435
	0.9385
	0.9332
	0.9276
	0.9216
	0.9152
	0.9084
	0.9013
	0.8937
	0.8857
	0.8772
	0.8681
	0.8586
	0.8485
	0.8379
	0.8266

	39
	0.9496
	0.9451
	0.9402
	0.9350
	0.9294
	0.9235
	0.9172
	0.9106
	0.9035
	0.8959
	0.8880
	0.8796
	0.8706
	0.8611
	0.8511
	0.8404
	0.8292

	39
	0.9496
	0.9451
	0.9402
	0.9350
	0.9294
	0.9235
	0.9172
	0.9106
	0.9035
	0.8959
	0.8880
	0.8796
	0.8706
	0.8611
	0.8511
	0.8404
	0.8292

	40
	0.9511
	0.9467
	0.9419
	0.9367
	0.9313
	0.9255
	0.9193
	0.9127
	0.9057
	0.8982
	0.8904
	0.8820
	0.8731
	0.8637
	0.8537
	0.8431
	0.8319

	41
	0.9527
	0.9483
	0.9437
	0.9386
	0.9333
	0.9275
	0.9214
	0.9148
	0.9079
	0.9006
	0.8929
	0.8846
	0.8757
	0.8664
	0.8564
	0.8460
	0.8348

	42
	0.9542
	0.9500
	0.9454
	0.9404
	0.9352
	0.9296
	0.9235
	0.9171
	0.9103
	0.9030
	0.8954
	0.8872
	0.8784
	0.8692
	0.8593
	0.8489
	0.8378

	43
	0.9558
	0.9516
	0.9472
	0.9423
	0.9372
	0.9316
	0.9257
	0.9195
	0.9127
	0.9055
	0.8980
	0.8899
	0.8812
	0.8721
	0.8622
	0.8520
	0.8409

	44
	0.9574
	0.9533
	0.9490
	0.9442
	0.9392
	0.9338
	0.9280
	0.9218
	0.9152
	0.9081
	0.9007
	0.8927
	0.8841
	0.8751
	0.8653
	0.8551
	0.8442

	45
	0.9589
	0.9550
	0.9508
	0.9461
	0.9412
	0.9359
	0.9302
	0.9241
	0.9177
	0.9108
	0.9034
	0.8956
	0.8871
	0.8781
	0.8685
	0.8583
	0.8475

	46
	0.9605
	0.9566
	0.9526
	0.9480
	0.9433
	0.9381
	0.9325
	0.9266
	0.9202
	0.9135
	0.9062
	0.8985
	0.8901
	0.8813
	0.8718
	0.8617
	0.8509

	47
	0.9621
	0.9583
	0.9543
	0.9499
	0.9453
	0.9402
	0.9348
	0.9290
	0.9228
	0.9162
	0.9090
	0.9014
	0.8932
	0.8845
	0.8751
	0.8652
	0.8546

	48
	0.9636
	0.9600
	0.9561
	0.9518
	0.9473
	0.9424
	0.9372
	0.9315
	0.9254
	0.9189
	0.9120
	0.9045
	0.8964
	0.8878
	0.8786
	0.8688
	0.8582

	49
	0.9651
	0.9617
	0.9579
	0.9537
	0.9494
	0.9446
	0.9395
	0.9340
	0.9280
	0.9217
	0.9149
	0.9076
	0.8996
	0.8912
	0.8821
	0.8724
	0.8620

	50
	0.9666
	0.9633
	0.9597
	0.9556
	0.9514
	0.9468
	0.9418
	0.9364
	0.9307
	0.9245
	0.9178
	0.9107
	0.9029
	0.8947
	0.8857
	0.8762
	0.8660

	51
	0.9681
	0.9649
	0.9614
	0.9576
	0.9535
	0.9490
	0.9441
	0.9389
	0.9333
	0.9273
	0.9209
	0.9138
	0.9063
	0.8982
	0.8893
	0.8800
	0.8699

	52
	0.9696
	0.9665
	0.9631
	0.9594
	0.9555
	0.9511
	0.9465
	0.9414
	0.9360
	0.9302
	0.9238
	0.9170
	0.9097
	0.9017
	0.8931
	0.8839
	0.8740

	53
	0.9710
	0.9680
	0.9648
	0.9613
	0.9575
	0.9533
	0.9487
	0.9439
	0.9386
	0.9330
	0.9269
	0.9202
	0.9130
	0.9053
	0.8969
	0.8879
	0.8782

	54
	0.9724
	0.9696
	0.9665
	0.9631
	0.9594
	0.9554
	0.9511
	0.9464
	0.9413
	0.9358
	0.9300
	0.9235
	0.9164
	0.9090
	0.9008
	0.8920
	0.8824

	55
	0.9738
	0.9711
	0.9681
	0.9648
	0.9614
	0.9575
	0.9533
	0.9489
	0.9440
	0.9387
	0.9329
	0.9267
	0.9199
	0.9126
	0.9046
	0.8960
	0.8867








Exhibit  10.1.1





Sub appendix A. 3
Table  B
100% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner


	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	





A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9752
	0.9725
	0.9697
	0.9666
	0.9632
	0.9596
	0.9556
	0.9513
	0.9465
	0.9414
	0.9360
	0.9300
	0.9234
	0.9163
	0.9086
	0.9001
	0.8911

	57
	0.9765
	0.9740
	0.9713
	0.9683
	0.9651
	0.9616
	0.9578
	0.9537
	0.9492
	0.9442
	0.9390
	0.9332
	0.9268
	0.9200
	0.9124
	0.9044
	0.8955

	58
	0.9777
	0.9754
	0.9729
	0.9700
	0.9670
	0.9637
	0.9599
	0.9560
	0.9517
	0.9470
	0.9419
	0.9364
	0.9302
	0.9237
	0.9164
	0.9086
	0.9000

	59
	0.9790
	0.9768
	0.9743
	0.9717
	0.9688
	0.9656
	0.9621
	0.9583
	0.9543
	0.9498
	0.9449
	0.9396
	0.9337
	0.9273
	0.9203
	0.9128
	0.9044

	60
	0.9802
	0.9781
	0.9759
	0.9733
	0.9705
	0.9675
	0.9642
	0.9606
	0.9567
	0.9525
	0.9478
	0.9427
	0.9371
	0.9310
	0.9242
	0.9170
	0.9089

	61
	0.9814
	0.9794
	0.9772
	0.9748
	0.9722
	0.9694
	0.9662
	0.9628
	0.9591
	0.9551
	0.9507
	0.9458
	0.9404
	0.9346
	0.9281
	0.9211
	0.9134

	62
	0.9825
	0.9807
	0.9786
	0.9763
	0.9739
	0.9712
	0.9682
	0.9650
	0.9615
	0.9576
	0.9535
	0.9489
	0.9437
	0.9382
	0.9320
	0.9252
	0.9178

	63
	0.9837
	0.9819
	0.9799
	0.9778
	0.9755
	0.9729
	0.9702
	0.9671
	0.9638
	0.9601
	0.9562
	0.9518
	0.9470
	0.9417
	0.9358
	0.9294
	0.9222

	64
	0.9847
	0.9830
	0.9812
	0.9792
	0.9771
	0.9746
	0.9720
	0.9691
	0.9660
	0.9626
	0.9589
	0.9547
	0.9501
	0.9451
	0.9395
	0.9334
	0.9265

	65
	0.9857
	0.9842
	0.9825
	0.9806
	0.9786
	0.9763
	0.9738
	0.9711
	0.9681
	0.9649
	0.9615
	0.9576
	0.9532
	0.9484
	0.9431
	0.9373
	0.9308

	66
	0.9867
	0.9853
	0.9836
	0.9818
	0.9800
	0.9778
	0.9755
	0.9730
	0.9703
	0.9672
	0.9639
	0.9603
	0.9562
	0.9517
	0.9467
	0.9411
	0.9350

	67
	0.9876
	0.9863
	0.9848
	0.9830
	0.9814
	0.9793
	0.9772
	0.9749
	0.9723
	0.9694
	0.9663
	0.9629
	0.9590
	0.9548
	0.9501
	0.9448
	0.9390

	68
	0.9885
	0.9872
	0.9859
	0.9843
	0.9826
	0.9808
	0.9788
	0.9766
	0.9742
	0.9715
	0.9687
	0.9654
	0.9618
	0.9578
	0.9534
	0.9485
	0.9430

	69
	0.9894
	0.9881
	0.9869
	0.9854
	0.9839
	0.9822
	0.9803
	0.9783
	0.9760
	0.9735
	0.9708
	0.9678
	0.9645
	0.9608
	0.9566
	0.9520
	0.9468

	70
	0.9901
	0.9891
	0.9878
	0.9865
	0.9850
	0.9835
	0.9817
	0.9798
	0.9778
	0.9755
	0.9729
	0.9702
	0.9670
	0.9636
	0.9596
	0.9554
	0.9505

	71
	0.9909
	0.9899
	0.9888
	0.9875
	0.9862
	0.9847
	0.9831
	0.9813
	0.9794
	0.9773
	0.9750
	0.9724
	0.9695
	0.9663
	0.9626
	0.9586
	0.9541

	72
	0.9916
	0.9907
	0.9896
	0.9884
	0.9873
	0.9859
	0.9843
	0.9828
	0.9810
	0.9790
	0.9769
	0.9745
	0.9718
	0.9689
	0.9654
	0.9617
	0.9574

	73
	0.9923
	0.9914
	0.9905
	0.9894
	0.9883
	0.9870
	0.9856
	0.9841
	0.9824
	0.9806
	0.9787
	0.9765
	0.9739
	0.9713
	0.9680
	0.9647
	0.9607

	74
	0.9929
	0.9921
	0.9913
	0.9902
	0.9892
	0.9880
	0.9867
	0.9853
	0.9838
	0.9822
	0.9804
	0.9783
	0.9760
	0.9735
	0.9706
	0.9675
	0.9637

	75
	0.9936
	0.9928
	0.9920
	0.9911
	0.9901
	0.9890
	0.9879
	0.9865
	0.9852
	0.9837
	0.9820
	0.9802
	0.9780
	0.9757
	0.9730
	0.9700
	0.9666

	76
	0.9941
	0.9934
	0.9927
	0.9918
	0.9909
	0.9900
	0.9888
	0.9877
	0.9864
	0.9850
	0.9835
	0.9818
	0.9798
	0.9777
	0.9752
	0.9725
	0.9694

	77
	0.9946
	0.9940
	0.9933
	0.9925
	0.9917
	0.9908
	0.9898
	0.9887
	0.9876
	0.9863
	0.9849
	0.9833
	0.9815
	0.9796
	0.9773
	0.9748
	0.9720

	78
	0.9951
	0.9945
	0.9939
	0.9931
	0.9924
	0.9916
	0.9907
	0.9897
	0.9886
	0.9874
	0.9862
	0.9848
	0.9831
	0.9814
	0.9793
	0.9770
	0.9744

	79
	0.9955
	0.9950
	0.9944
	0.9938
	0.9931
	0.9924
	0.9915
	0.9906
	0.9896
	0.9885
	0.9874
	0.9861
	0.9846
	0.9830
	0.9811
	0.9791
	0.9767

	80
	0.9959
	0.9955
	0.9949
	0.9943
	0.9937
	0.9930
	0.9922
	0.9914
	0.9905
	0.9896
	0.9885
	0.9874
	0.9859
	0.9846
	0.9828
	0.9809
	0.9787

	81
	0.9963
	0.9959
	0.9954
	0.9948
	0.9943
	0.9937
	0.9930
	0.9922
	0.9913
	0.9905
	0.9896
	0.9885
	0.9872
	0.9859
	0.9844
	0.9827
	0.9806

	82
	0.9967
	0.9963
	0.9959
	0.9953
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922
	0.9913
	0.9905
	0.9896
	0.9884
	0.9872
	0.9858
	0.9842
	0.9824

	83
	0.9970
	0.9966
	0.9963
	0.9957
	0.9953
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922
	0.9914
	0.9906
	0.9894
	0.9884
	0.9871
	0.9857
	0.9841

	84
	0.9973
	0.9970
	0.9966
	0.9961
	0.9958
	0.9953
	0.9947
	0.9942
	0.9936
	0.9929
	0.9922
	0.9914
	0.9905
	0.9895
	0.9883
	0.9871
	0.9855

	85
	0.9976
	0.9972
	0.9970
	0.9965
	0.9962
	0.9958
	0.9952
	0.9947
	0.9942
	0.9936
	0.9929
	0.9923
	0.9914
	0.9905
	0.9894
	0.9883
	0.9870








Exhibit  10.1.1



Sub appendix A. 3
Table  B
100% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner
 
	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	





A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.7903
	0.7777
	0.7644
	0.7507
	0.7363
	0.7214
	0.7061
	0.6902
	0.6740
	0.6573
	0.6402
	0.6229
	0.6052
	0.5873
	0.5691
	0.5507
	0.5323

	26
	0.7916
	0.7789
	0.7657
	0.7520
	0.7376
	0.7227
	0.7074
	0.6915
	0.6752
	0.6584
	0.6414
	0.6240
	0.6064
	0.5884
	0.5702
	0.5518
	0.5333

	27
	0.7930
	0.7803
	0.7671
	0.7534
	0.7390
	0.7241
	0.7087
	0.6928
	0.6765
	0.6598
	0.6427
	0.6253
	0.6076
	0.5896
	0.5714
	0.5529
	0.5344

	28
	0.7944
	0.7818
	0.7686
	0.7548
	0.7404
	0.7255
	0.7102
	0.6942
	0.6779
	0.6611
	0.6440
	0.6266
	0.6089
	0.5909
	0.5726
	0.5541
	0.5356

	29
	0.7960
	0.7834
	0.7701
	0.7564
	0.7420
	0.7270
	0.7116
	0.6957
	0.6794
	0.6626
	0.6454
	0.6280
	0.6103
	0.5922
	0.5739
	0.5554
	0.5368

	30
	0.7976
	0.7851
	0.7718
	0.7580
	0.7437
	0.7287
	0.7132
	0.6973
	0.6809
	0.6641
	0.6470
	0.6295
	0.6117
	0.5936
	0.5753
	0.5567
	0.5381

	31
	0.7994
	0.7868
	0.7736
	0.7598
	0.7454
	0.7304
	0.7150
	0.6990
	0.6826
	0.6658
	0.6486
	0.6311
	0.6133
	0.5952
	0.5768
	0.5582
	0.5396

	32
	0.8013
	0.7887
	0.7754
	0.7616
	0.7472
	0.7322
	0.7168
	0.7008
	0.6844
	0.6675
	0.6504
	0.6328
	0.6150
	0.5968
	0.5784
	0.5598
	0.5411

	33
	0.8032
	0.7906
	0.7774
	0.7636
	0.7492
	0.7342
	0.7187
	0.7027
	0.6863
	0.6694
	0.6522
	0.6346
	0.6168
	0.5986
	0.5801
	0.5614
	0.5427

	34
	0.8053
	0.7926
	0.7795
	0.7657
	0.7512
	0.7362
	0.7208
	0.7047
	0.6883
	0.6714
	0.6542
	0.6365
	0.6186
	0.6004
	0.5819
	0.5632
	0.5444

	35
	0.8074
	0.7949
	0.7816
	0.7679
	0.7534
	0.7384
	0.7229
	0.7069
	0.6904
	0.6735
	0.6562
	0.6386
	0.6207
	0.6024
	0.5839
	0.5651
	0.5463

	36
	0.8097
	0.7972
	0.7840
	0.7701
	0.7557
	0.7407
	0.7253
	0.7092
	0.6927
	0.6757
	0.6584
	0.6408
	0.6228
	0.6045
	0.5859
	0.5670
	0.5482

	37
	0.8121
	0.7996
	0.7863
	0.7726
	0.7582
	0.7431
	0.7277
	0.7116
	0.6951
	0.6781
	0.6608
	0.6431
	0.6250
	0.6067
	0.5881
	0.5692
	0.5503

	38
	0.8146
	0.8021
	0.7889
	0.7752
	0.7607
	0.7458
	0.7303
	0.7142
	0.6977
	0.6806
	0.6633
	0.6455
	0.6275
	0.6091
	0.5904
	0.5715
	0.5525

	39
	0.8173
	0.8048
	0.7917
	0.7779
	0.7635
	0.7485
	0.7330
	0.7169
	0.7003
	0.6833
	0.6659
	0.6481
	0.6301
	0.6116
	0.5929
	0.5739
	0.5549

	40
	0.8201
	0.8076
	0.7945
	0.7808
	0.7664
	0.7514
	0.7358
	0.7198
	0.7032
	0.6861
	0.6687
	0.6509
	0.6328
	0.6143
	0.5955
	0.5765
	0.5574

	41
	0.8230
	0.8106
	0.7975
	0.7838
	0.7694
	0.7544
	0.7389
	0.7228
	0.7062
	0.6891
	0.6717
	0.6538
	0.6357
	0.6172
	0.5983
	0.5792
	0.5601

	42
	0.8260
	0.8137
	0.8006
	0.7869
	0.7726
	0.7576
	0.7421
	0.7259
	0.7094
	0.6923
	0.6748
	0.6570
	0.6388
	0.6202
	0.6013
	0.5821
	0.5629

	43
	0.8292
	0.8169
	0.8039
	0.7902
	0.7759
	0.7609
	0.7455
	0.7294
	0.7128
	0.6956
	0.6781
	0.6603
	0.6420
	0.6234
	0.6044
	0.5852
	0.5660

	44
	0.8325
	0.8203
	0.8073
	0.7937
	0.7794
	0.7645
	0.7490
	0.7329
	0.7163
	0.6992
	0.6816
	0.6637
	0.6454
	0.6267
	0.6078
	0.5885
	0.5692

	45
	0.8359
	0.8237
	0.8108
	0.7973
	0.7830
	0.7681
	0.7527
	0.7366
	0.7200
	0.7029
	0.6853
	0.6674
	0.6491
	0.6303
	0.6113
	0.5919
	0.5726

	46
	0.8395
	0.8274
	0.8145
	0.8011
	0.7869
	0.7720
	0.7566
	0.7405
	0.7239
	0.7068
	0.6892
	0.6713
	0.6529
	0.6341
	0.6151
	0.5956
	0.5762

	47
	0.8432
	0.8312
	0.8184
	0.8050
	0.7908
	0.7760
	0.7606
	0.7446
	0.7280
	0.7109
	0.6933
	0.6754
	0.6569
	0.6381
	0.6190
	0.5995
	0.5799

	48
	0.8469
	0.8351
	0.8224
	0.8091
	0.7950
	0.7803
	0.7649
	0.7489
	0.7324
	0.7152
	0.6976
	0.6796
	0.6612
	0.6423
	0.6232
	0.6036
	0.5840

	49
	0.8509
	0.8391
	0.8265
	0.8133
	0.7993
	0.7846
	0.7693
	0.7534
	0.7369
	0.7197
	0.7022
	0.6841
	0.6657
	0.6468
	0.6275
	0.6079
	0.5882

	50
	0.8549
	0.8433
	0.8308
	0.8177
	0.8038
	0.7892
	0.7739
	0.7580
	0.7416
	0.7244
	0.7069
	0.6889
	0.6704
	0.6515
	0.6321
	0.6125
	0.5927

	51
	0.8591
	0.8475
	0.8352
	0.8222
	0.8084
	0.7939
	0.7787
	0.7629
	0.7465
	0.7294
	0.7118
	0.6938
	0.6754
	0.6564
	0.6370
	0.6173
	0.5975

	52
	0.8633
	0.8519
	0.8398
	0.8269
	0.8132
	0.7988
	0.7838
	0.7680
	0.7516
	0.7346
	0.7171
	0.6990
	0.6805
	0.6616
	0.6422
	0.6224
	0.6025

	53
	0.8677
	0.8565
	0.8444
	0.8317
	0.8182
	0.8039
	0.7890
	0.7733
	0.7570
	0.7400
	0.7225
	0.7045
	0.6860
	0.6670
	0.6476
	0.6278
	0.6078

	54
	0.8721
	0.8611
	0.8492
	0.8367
	0.8233
	0.8092
	0.7944
	0.7788
	0.7626
	0.7457
	0.7282
	0.7103
	0.6918
	0.6728
	0.6533
	0.6334
	0.6134

	55
	0.8766
	0.8658
	0.8542
	0.8418
	0.8286
	0.8146
	0.7999
	0.7845
	0.7684
	0.7515
	0.7342
	0.7163
	0.6978
	0.6789
	0.6594
	0.6395
	0.6194








Exhibit  10.1.1





Sub appendix A. 3
Table  B
100% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner


	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	



A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.8812
	0.8706
	0.8592
	0.8470
	0.8340
	0.8202
	0.8057
	0.7904
	0.7744
	0.7577
	0.7404
	0.7226
	0.7042
	0.6852
	0.6657
	0.6457
	0.6256

	57
	0.8859
	0.8755
	0.8643
	0.8524
	0.8396
	0.8260
	0.8117
	0.7965
	0.7807
	0.7641
	0.7469
	0.7292
	0.7108
	0.6919
	0.6724
	0.6524
	0.6322

	58
	0.8905
	0.8804
	0.8696
	0.8578
	0.8453
	0.8319
	0.8178
	0.8028
	0.7872
	0.7708
	0.7537
	0.7360
	0.7177
	0.6988
	0.6794
	0.6594
	0.6392

	59
	0.8953
	0.8855
	0.8748
	0.8634
	0.8510
	0.8380
	0.8241
	0.8093
	0.7938
	0.7776
	0.7607
	0.7432
	0.7250
	0.7061
	0.6867
	0.6668
	0.6466

	60
	0.9001
	0.8905
	0.8802
	0.8690
	0.8570
	0.8441
	0.8305
	0.8160
	0.8008
	0.7847
	0.7680
	0.7505
	0.7325
	0.7138
	0.6944
	0.6745
	0.6543

	61
	0.9048
	0.8956
	0.8855
	0.8747
	0.8629
	0.8504
	0.8371
	0.8228
	0.8078
	0.7919
	0.7754
	0.7582
	0.7403
	0.7216
	0.7024
	0.6825
	0.6624

	62
	0.9096
	0.9007
	0.8909
	0.8804
	0.8690
	0.8567
	0.8437
	0.8297
	0.8150
	0.7994
	0.7831
	0.7661
	0.7484
	0.7299
	0.7107
	0.6910
	0.6708

	63
	0.9143
	0.9057
	0.8963
	0.8861
	0.8750
	0.8632
	0.8504
	0.8367
	0.8224
	0.8071
	0.7910
	0.7742
	0.7567
	0.7383
	0.7194
	0.6997
	0.6796

	64
	0.9190
	0.9108
	0.9017
	0.8918
	0.8812
	0.8696
	0.8572
	0.8439
	0.8298
	0.8148
	0.7991
	0.7825
	0.7652
	0.7471
	0.7283
	0.7087
	0.6888

	65
	0.9236
	0.9157
	0.9070
	0.8975
	0.8872
	0.8760
	0.8640
	0.8511
	0.8374
	0.8227
	0.8073
	0.7911
	0.7740
	0.7561
	0.7375
	0.7181
	0.6983

	66
	0.9281
	0.9206
	0.9122
	0.9032
	0.8932
	0.8824
	0.8708
	0.8583
	0.8449
	0.8307
	0.8155
	0.7997
	0.7829
	0.7653
	0.7470
	0.7277
	0.7081

	67
	0.9325
	0.9254
	0.9174
	0.9087
	0.8992
	0.8888
	0.8776
	0.8655
	0.8525
	0.8386
	0.8239
	0.8084
	0.7920
	0.7747
	0.7566
	0.7376
	0.7182

	68
	0.9368
	0.9300
	0.9224
	0.9142
	0.9051
	0.8951
	0.8843
	0.8727
	0.8601
	0.8466
	0.8324
	0.8172
	0.8012
	0.7842
	0.7664
	0.7478
	0.7285

	69
	0.9409
	0.9346
	0.9274
	0.9195
	0.9108
	0.9013
	0.8910
	0.8797
	0.8677
	0.8546
	0.8408
	0.8260
	0.8104
	0.7938
	0.7764
	0.7580
	0.7390

	70
	0.9450
	0.9389
	0.9322
	0.9247
	0.9164
	0.9073
	0.8976
	0.8867
	0.8751
	0.8625
	0.8491
	0.8349
	0.8197
	0.8036
	0.7865
	0.7684
	0.7498

	71
	0.9489
	0.9432
	0.9368
	0.9298
	0.9220
	0.9133
	0.9039
	0.8936
	0.8825
	0.8704
	0.8575
	0.8437
	0.8290
	0.8132
	0.7966
	0.7790
	0.7607

	72
	0.9526
	0.9473
	0.9413
	0.9347
	0.9272
	0.9191
	0.9102
	0.9004
	0.8897
	0.8782
	0.8658
	0.8525
	0.8382
	0.8231
	0.8069
	0.7896
	0.7717

	73
	0.9562
	0.9512
	0.9456
	0.9394
	0.9324
	0.9247
	0.9162
	0.9069
	0.8969
	0.8858
	0.8739
	0.8612
	0.8474
	0.8328
	0.8170
	0.8003
	0.7829

	74
	0.9595
	0.9549
	0.9497
	0.9439
	0.9374
	0.9301
	0.9222
	0.9133
	0.9037
	0.8932
	0.8819
	0.8697
	0.8565
	0.8423
	0.8271
	0.8110
	0.7940

	75
	0.9628
	0.9585
	0.9536
	0.9482
	0.9421
	0.9352
	0.9278
	0.9195
	0.9104
	0.9004
	0.8897
	0.8780
	0.8654
	0.8519
	0.8373
	0.8216
	0.8051

	76
	0.9658
	0.9618
	0.9573
	0.9523
	0.9466
	0.9402
	0.9332
	0.9254
	0.9169
	0.9074
	0.8973
	0.8862
	0.8742
	0.8611
	0.8471
	0.8320
	0.8161

	77
	0.9687
	0.9650
	0.9608
	0.9561
	0.9508
	0.9450
	0.9384
	0.9311
	0.9230
	0.9142
	0.9045
	0.8940
	0.8826
	0.8702
	0.8568
	0.8423
	0.8269

	78
	0.9713
	0.9680
	0.9641
	0.9598
	0.9548
	0.9494
	0.9433
	0.9364
	0.9290
	0.9206
	0.9115
	0.9016
	0.8908
	0.8790
	0.8662
	0.8523
	0.8376

	79
	0.9738
	0.9708
	0.9672
	0.9632
	0.9586
	0.9536
	0.9479
	0.9415
	0.9345
	0.9267
	0.9182
	0.9088
	0.8986
	0.8875
	0.8753
	0.8620
	0.8480

	80
	0.9761
	0.9733
	0.9700
	0.9664
	0.9622
	0.9575
	0.9522
	0.9463
	0.9398
	0.9325
	0.9246
	0.9158
	0.9062
	0.8956
	0.8841
	0.8715
	0.8580

	81
	0.9783
	0.9757
	0.9728
	0.9694
	0.9655
	0.9612
	0.9563
	0.9509
	0.9448
	0.9380
	0.9306
	0.9223
	0.9133
	0.9034
	0.8925
	0.8806
	0.8678

	82
	0.9803
	0.9779
	0.9752
	0.9722
	0.9686
	0.9646
	0.9602
	0.9551
	0.9494
	0.9432
	0.9362
	0.9286
	0.9201
	0.9108
	0.9006
	0.8893
	0.8771

	83
	0.9821
	0.9800
	0.9775
	0.9747
	0.9715
	0.9678
	0.9637
	0.9590
	0.9538
	0.9480
	0.9416
	0.9345
	0.9266
	0.9179
	0.9083
	0.8976
	0.8863

	84
	0.9839
	0.9819
	0.9796
	0.9770
	0.9741
	0.9708
	0.9670
	0.9627
	0.9579
	0.9526
	0.9466
	0.9401
	0.9327
	0.9246
	0.9157
	0.9056
	0.8949

	85
	0.9854
	0.9836
	0.9815
	0.9792
	0.9766
	0.9735
	0.9701
	0.9662
	0.9618
	0.9568
	0.9514
	0.9453
	0.9385
	0.9309
	0.9226
	0.9133
	0.9032








Exhibit  10.1.1



Sub appendix A. 3
Table  C
100% Joint and Survivor With Pop-Up
CEI Participants


Age of Pensioner


	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	



A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9818
	0.9803
	0.9787
	0.9768
	0.9750
	0.9728
	0.9705
	0.9681
	0.9654
	0.9626
	0.9595
	0.9562
	0.9526
	0.9488
	0.9447
	0.9403
	0.9356

	26
	0.9823
	0.9808
	0.9792
	0.9774
	0.9756
	0.9735
	0.9711
	0.9688
	0.9661
	0.9633
	0.9603
	0.9570
	0.9535
	0.9497
	0.9456
	0.9413
	0.9366

	27
	0.9828
	0.9813
	0.9797
	0.9780
	0.9761
	0.9741
	0.9718
	0.9695
	0.9668
	0.9641
	0.9611
	0.9578
	0.9543
	0.9506
	0.9466
	0.9423
	0.9376

	28
	0.9832
	0.9818
	0.9802
	0.9785
	0.9767
	0.9747
	0.9725
	0.9702
	0.9676
	0.9649
	0.9619
	0.9586
	0.9552
	0.9515
	0.9475
	0.9432
	0.9386

	29
	0.9837
	0.9823
	0.9807
	0.9790
	0.9773
	0.9753
	0.9732
	0.9709
	0.9683
	0.9657
	0.9628
	0.9596
	0.9562
	0.9525
	0.9486
	0.9443
	0.9397

	30
	0.9841
	0.9828
	0.9812
	0.9796
	0.9779
	0.9760
	0.9738
	0.9716
	0.9691
	0.9665
	0.9636
	0.9605
	0.9571
	0.9535
	0.9496
	0.9454
	0.9408

	31
	0.9846
	0.9832
	0.9818
	0.9802
	0.9786
	0.9766
	0.9746
	0.9723
	0.9699
	0.9673
	0.9645
	0.9613
	0.9581
	0.9545
	0.9506
	0.9464
	0.9420

	32
	0.9851
	0.9837
	0.9823
	0.9808
	0.9791
	0.9773
	0.9752
	0.9731
	0.9707
	0.9681
	0.9653
	0.9623
	0.9591
	0.9555
	0.9517
	0.9476
	0.9431

	33
	0.9855
	0.9842
	0.9828
	0.9813
	0.9797
	0.9779
	0.9759
	0.9738
	0.9715
	0.9690
	0.9662
	0.9633
	0.9600
	0.9565
	0.9528
	0.9488
	0.9443

	34
	0.9859
	0.9847
	0.9833
	0.9818
	0.9804
	0.9786
	0.9766
	0.9746
	0.9722
	0.9698
	0.9671
	0.9642
	0.9610
	0.9576
	0.9539
	0.9499
	0.9456

	35
	0.9864
	0.9852
	0.9838
	0.9824
	0.9809
	0.9792
	0.9773
	0.9753
	0.9730
	0.9706
	0.9680
	0.9651
	0.9620
	0.9587
	0.9551
	0.9511
	0.9469

	36
	0.9868
	0.9856
	0.9843
	0.9829
	0.9815
	0.9799
	0.9779
	0.9761
	0.9738
	0.9715
	0.9689
	0.9661
	0.9630
	0.9598
	0.9562
	0.9523
	0.9481

	37
	0.9872
	0.9861
	0.9848
	0.9835
	0.9821
	0.9805
	0.9787
	0.9768
	0.9746
	0.9724
	0.9698
	0.9670
	0.9641
	0.9609
	0.9573
	0.9536
	0.9494

	38
	0.9876
	0.9865
	0.9854
	0.9840
	0.9827
	0.9811
	0.9793
	0.9775
	0.9753
	0.9732
	0.9707
	0.9681
	0.9651
	0.9619
	0.9585
	0.9548
	0.9507

	39
	0.9880
	0.9870
	0.9858
	0.9845
	0.9833
	0.9817
	0.9800
	0.9782
	0.9761
	0.9740
	0.9716
	0.9690
	0.9661
	0.9631
	0.9597
	0.9560
	0.9520

	40
	0.9884
	0.9874
	0.9863
	0.9850
	0.9838
	0.9823
	0.9806
	0.9789
	0.9769
	0.9748
	0.9725
	0.9699
	0.9672
	0.9642
	0.9608
	0.9573
	0.9533

	41
	0.9887
	0.9879
	0.9867
	0.9855
	0.9843
	0.9829
	0.9813
	0.9796
	0.9777
	0.9757
	0.9734
	0.9709
	0.9682
	0.9653
	0.9621
	0.9585
	0.9547

	42
	0.9892
	0.9882
	0.9872
	0.9860
	0.9849
	0.9835
	0.9819
	0.9803
	0.9785
	0.9765
	0.9743
	0.9719
	0.9692
	0.9663
	0.9632
	0.9598
	0.9560

	43
	0.9895
	0.9887
	0.9877
	0.9866
	0.9854
	0.9841
	0.9826
	0.9810
	0.9792
	0.9773
	0.9752
	0.9728
	0.9702
	0.9674
	0.9644
	0.9610
	0.9573

	44
	0.9899
	0.9890
	0.9881
	0.9870
	0.9859
	0.9847
	0.9832
	0.9817
	0.9799
	0.9781
	0.9760
	0.9737
	0.9713
	0.9685
	0.9655
	0.9623
	0.9587

	45
	0.9903
	0.9895
	0.9885
	0.9875
	0.9865
	0.9852
	0.9837
	0.9823
	0.9806
	0.9789
	0.9768
	0.9746
	0.9722
	0.9696
	0.9667
	0.9635
	0.9600

	46
	0.9906
	0.9898
	0.9889
	0.9879
	0.9869
	0.9858
	0.9844
	0.9830
	0.9813
	0.9796
	0.9777
	0.9755
	0.9732
	0.9707
	0.9679
	0.9648
	0.9614

	47
	0.9909
	0.9902
	0.9893
	0.9884
	0.9874
	0.9863
	0.9849
	0.9836
	0.9820
	0.9804
	0.9785
	0.9764
	0.9742
	0.9717
	0.9690
	0.9659
	0.9627

	48
	0.9912
	0.9906
	0.9897
	0.9888
	0.9878
	0.9868
	0.9855
	0.9842
	0.9827
	0.9811
	0.9793
	0.9773
	0.9751
	0.9727
	0.9701
	0.9672
	0.9640

	49
	0.9916
	0.9908
	0.9901
	0.9892
	0.9884
	0.9873
	0.9861
	0.9848
	0.9834
	0.9818
	0.9801
	0.9782
	0.9761
	0.9738
	0.9712
	0.9684
	0.9653

	50
	0.9919
	0.9912
	0.9905
	0.9896
	0.9888
	0.9877
	0.9866
	0.9854
	0.9840
	0.9826
	0.9809
	0.9790
	0.9770
	0.9747
	0.9722
	0.9695
	0.9665

	51
	0.9922
	0.9916
	0.9908
	0.9900
	0.9892
	0.9883
	0.9871
	0.9860
	0.9846
	0.9832
	0.9816
	0.9798
	0.9778
	0.9758
	0.9734
	0.9707
	0.9677

	52
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9887
	0.9876
	0.9866
	0.9852
	0.9839
	0.9824
	0.9806
	0.9787
	0.9766
	0.9744
	0.9718
	0.9690

	53
	0.9928
	0.9922
	0.9916
	0.9908
	0.9900
	0.9891
	0.9881
	0.9871
	0.9858
	0.9846
	0.9830
	0.9814
	0.9795
	0.9776
	0.9754
	0.9729
	0.9702

	54
	0.9931
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9886
	0.9876
	0.9864
	0.9851
	0.9838
	0.9821
	0.9804
	0.9785
	0.9764
	0.9740
	0.9714

	55
	0.9933
	0.9927
	0.9921
	0.9915
	0.9909
	0.9900
	0.9890
	0.9881
	0.9870
	0.9858
	0.9844
	0.9829
	0.9812
	0.9794
	0.9773
	0.9751
	0.9726








Exhibit  10.1.1



Sub appendix A. 3
Table  C
100% Joint and Survivor With Pop-Up
CEI Participants


Age of Pensioner
	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	





A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9936
	0.9930
	0.9925
	0.9918
	0.9912
	0.9905
	0.9895
	0.9886
	0.9875
	0.9864
	0.9851
	0.9836
	0.9820
	0.9803
	0.9783
	0.9761
	0.9737

	57
	0.9938
	0.9933
	0.9928
	0.9922
	0.9916
	0.9908
	0.9900
	0.9891
	0.9880
	0.9870
	0.9857
	0.9843
	0.9827
	0.9811
	0.9792
	0.9771
	0.9748

	58
	0.9941
	0.9936
	0.9931
	0.9925
	0.9920
	0.9912
	0.9904
	0.9896
	0.9885
	0.9875
	0.9864
	0.9850
	0.9835
	0.9819
	0.9801
	0.9781
	0.9758

	59
	0.9943
	0.9939
	0.9934
	0.9928
	0.9923
	0.9916
	0.9908
	0.9900
	0.9890
	0.9881
	0.9869
	0.9856
	0.9842
	0.9827
	0.9810
	0.9790
	0.9769

	60
	0.9945
	0.9941
	0.9937
	0.9932
	0.9926
	0.9919
	0.9912
	0.9905
	0.9895
	0.9886
	0.9875
	0.9863
	0.9850
	0.9835
	0.9818
	0.9799
	0.9779

	61
	0.9947
	0.9944
	0.9939
	0.9935
	0.9929
	0.9923
	0.9916
	0.9909
	0.9900
	0.9892
	0.9881
	0.9869
	0.9856
	0.9842
	0.9827
	0.9808
	0.9788

	62
	0.9950
	0.9946
	0.9942
	0.9937
	0.9932
	0.9927
	0.9920
	0.9913
	0.9905
	0.9896
	0.9886
	0.9875
	0.9862
	0.9849
	0.9834
	0.9817
	0.9798

	63
	0.9952
	0.9948
	0.9944
	0.9940
	0.9935
	0.9930
	0.9924
	0.9917
	0.9909
	0.9901
	0.9891
	0.9881
	0.9869
	0.9857
	0.9842
	0.9826
	0.9807

	64
	0.9954
	0.9950
	0.9947
	0.9943
	0.9938
	0.9933
	0.9927
	0.9920
	0.9913
	0.9906
	0.9896
	0.9886
	0.9875
	0.9863
	0.9849
	0.9834
	0.9816

	65
	0.9956
	0.9953
	0.9949
	0.9945
	0.9941
	0.9936
	0.9930
	0.9924
	0.9917
	0.9910
	0.9902
	0.9891
	0.9881
	0.9869
	0.9857
	0.9842
	0.9825

	66
	0.9958
	0.9955
	0.9952
	0.9947
	0.9944
	0.9939
	0.9933
	0.9928
	0.9921
	0.9915
	0.9906
	0.9897
	0.9886
	0.9876
	0.9863
	0.9849
	0.9833

	67
	0.9959
	0.9957
	0.9954
	0.9950
	0.9946
	0.9942
	0.9936
	0.9932
	0.9925
	0.9918
	0.9911
	0.9902
	0.9892
	0.9882
	0.9870
	0.9857
	0.9841

	68
	0.9961
	0.9958
	0.9955
	0.9952
	0.9949
	0.9945
	0.9939
	0.9935
	0.9928
	0.9923
	0.9915
	0.9906
	0.9898
	0.9887
	0.9876
	0.9864
	0.9849

	69
	0.9963
	0.9961
	0.9958
	0.9955
	0.9951
	0.9948
	0.9942
	0.9938
	0.9932
	0.9927
	0.9920
	0.9912
	0.9903
	0.9894
	0.9882
	0.9870
	0.9857

	70
	0.9964
	0.9962
	0.9960
	0.9957
	0.9954
	0.9950
	0.9945
	0.9941
	0.9935
	0.9930
	0.9923
	0.9916
	0.9908
	0.9899
	0.9888
	0.9876
	0.9864

	71
	0.9967
	0.9964
	0.9961
	0.9958
	0.9956
	0.9952
	0.9948
	0.9944
	0.9938
	0.9933
	0.9927
	0.9920
	0.9912
	0.9904
	0.9894
	0.9883
	0.9870

	72
	0.9968
	0.9966
	0.9964
	0.9960
	0.9958
	0.9955
	0.9950
	0.9947
	0.9942
	0.9937
	0.9931
	0.9925
	0.9917
	0.9909
	0.9900
	0.9889
	0.9877

	73
	0.9970
	0.9967
	0.9965
	0.9962
	0.9960
	0.9957
	0.9953
	0.9950
	0.9944
	0.9940
	0.9935
	0.9928
	0.9921
	0.9914
	0.9905
	0.9895
	0.9883

	74
	0.9970
	0.9969
	0.9967
	0.9964
	0.9962
	0.9959
	0.9955
	0.9952
	0.9947
	0.9943
	0.9938
	0.9932
	0.9925
	0.9919
	0.9910
	0.9900
	0.9890

	75
	0.9972
	0.9970
	0.9968
	0.9966
	0.9964
	0.9961
	0.9957
	0.9955
	0.9950
	0.9946
	0.9941
	0.9936
	0.9930
	0.9922
	0.9914
	0.9906
	0.9896

	76
	0.9973
	0.9972
	0.9969
	0.9967
	0.9966
	0.9963
	0.9959
	0.9957
	0.9952
	0.9949
	0.9944
	0.9939
	0.9933
	0.9927
	0.9920
	0.9911
	0.9901

	77
	0.9975
	0.9973
	0.9971
	0.9969
	0.9968
	0.9965
	0.9962
	0.9959
	0.9955
	0.9952
	0.9948
	0.9942
	0.9936
	0.9931
	0.9924
	0.9916
	0.9907

	78
	0.9976
	0.9974
	0.9972
	0.9971
	0.9969
	0.9967
	0.9964
	0.9962
	0.9958
	0.9955
	0.9951
	0.9946
	0.9940
	0.9935
	0.9928
	0.9920
	0.9911

	79
	0.9977
	0.9975
	0.9974
	0.9972
	0.9971
	0.9969
	0.9965
	0.9963
	0.9960
	0.9957
	0.9953
	0.9948
	0.9943
	0.9938
	0.9932
	0.9925
	0.9917

	80
	0.9978
	0.9977
	0.9975
	0.9973
	0.9972
	0.9970
	0.9968
	0.9965
	0.9962
	0.9959
	0.9956
	0.9951
	0.9946
	0.9942
	0.9936
	0.9929
	0.9921

	81
	0.9979
	0.9978
	0.9976
	0.9975
	0.9974
	0.9971
	0.9969
	0.9967
	0.9964
	0.9961
	0.9958
	0.9954
	0.9949
	0.9945
	0.9940
	0.9933
	0.9925

	82
	0.9980
	0.9979
	0.9978
	0.9976
	0.9975
	0.9973
	0.9971
	0.9969
	0.9966
	0.9964
	0.9960
	0.9956
	0.9952
	0.9948
	0.9943
	0.9937
	0.9930

	83
	0.9981
	0.9980
	0.9978
	0.9978
	0.9976
	0.9974
	0.9972
	0.9971
	0.9967
	0.9966
	0.9963
	0.9959
	0.9955
	0.9951
	0.9947
	0.9940
	0.9934

	84
	0.9982
	0.9981
	0.9980
	0.9978
	0.9978
	0.9976
	0.9974
	0.9972
	0.9970
	0.9967
	0.9965
	0.9961
	0.9958
	0.9954
	0.9950
	0.9944
	0.9938

	85
	0.9983
	0.9982
	0.9981
	0.9980
	0.9979
	0.9977
	0.9975
	0.9974
	0.9971
	0.9970
	0.9966
	0.9963
	0.9960
	0.9957
	0.9953
	0.9947
	0.9941












Exhibit  10.1.1



Sub appendix A. 3
Table C
100% Joint and Survivor With Pop-Up
CEI Participants


Age of Pensioner
	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	



A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9307
	0.9254
	0.9198
	0.9138
	0.9075
	0.9009
	0.8938
	0.8866
	0.8789
	0.8708
	0.8623
	0.8534
	0.8440
	0.8342
	0.8238
	0.8129
	0.8014

	26
	0.9317
	0.9264
	0.9208
	0.9148
	0.9086
	0.9020
	0.8950
	0.8877
	0.8800
	0.8720
	0.8636
	0.8546
	0.8452
	0.8354
	0.8250
	0.8141
	0.8027

	27
	0.9327
	0.9275
	0.9219
	0.9159
	0.9097
	0.9031
	0.8962
	0.8889
	0.8813
	0.8732
	0.8648
	0.8560
	0.8465
	0.8367
	0.8263
	0.8155
	0.8040

	28
	0.9338
	0.9286
	0.9230
	0.9171
	0.9110
	0.9044
	0.8975
	0.8902
	0.8826
	0.8745
	0.8662
	0.8573
	0.8479
	0.8381
	0.8277
	0.8168
	0.8053

	29
	0.9349
	0.9298
	0.9242
	0.9184
	0.9122
	0.9057
	0.8987
	0.8916
	0.8840
	0.8760
	0.8675
	0.8587
	0.8493
	0.8396
	0.8292
	0.8183
	0.8068

	30
	0.9361
	0.9309
	0.9255
	0.9196
	0.9135
	0.9070
	0.9001
	0.8930
	0.8853
	0.8774
	0.8690
	0.8602
	0.8508
	0.8411
	0.8307
	0.8198
	0.8084

	31
	0.9372
	0.9322
	0.9267
	0.9209
	0.9149
	0.9084
	0.9016
	0.8944
	0.8869
	0.8789
	0.8706
	0.8618
	0.8524
	0.8426
	0.8323
	0.8215
	0.8100

	32
	0.9385
	0.9334
	0.9280
	0.9222
	0.9162
	0.9099
	0.9030
	0.8959
	0.8884
	0.8805
	0.8722
	0.8634
	0.8540
	0.8443
	0.8340
	0.8231
	0.8117

	33
	0.9398
	0.9347
	0.9294
	0.9237
	0.9177
	0.9114
	0.9046
	0.8975
	0.8900
	0.8821
	0.8738
	0.8651
	0.8558
	0.8461
	0.8357
	0.8249
	0.8135

	34
	0.9410
	0.9361
	0.9308
	0.9251
	0.9192
	0.9129
	0.9061
	0.8991
	0.8917
	0.8838
	0.8756
	0.8669
	0.8576
	0.8479
	0.8376
	0.8269
	0.8154

	35
	0.9423
	0.9374
	0.9322
	0.9266
	0.9207
	0.9145
	0.9078
	0.9008
	0.8934
	0.8856
	0.8774
	0.8687
	0.8595
	0.8499
	0.8396
	0.8288
	0.8174

	36
	0.9437
	0.9388
	0.9336
	0.9281
	0.9223
	0.9161
	0.9095
	0.9026
	0.8952
	0.8874
	0.8793
	0.8707
	0.8615
	0.8518
	0.8416
	0.8309
	0.8195

	37
	0.9450
	0.9403
	0.9352
	0.9296
	0.9239
	0.9178
	0.9112
	0.9044
	0.8971
	0.8894
	0.8813
	0.8726
	0.8635
	0.8540
	0.8437
	0.8330
	0.8216

	38
	0.9464
	0.9417
	0.9366
	0.9312
	0.9256
	0.9195
	0.9130
	0.9062
	0.8990
	0.8914
	0.8833
	0.8748
	0.8656
	0.8561
	0.8460
	0.8353
	0.8240

	39
	0.9478
	0.9431
	0.9382
	0.9329
	0.9273
	0.9212
	0.9149
	0.9081
	0.9009
	0.8934
	0.8854
	0.8769
	0.8679
	0.8584
	0.8483
	0.8376
	0.8263

	40
	0.9492
	0.9446
	0.9398
	0.9345
	0.9290
	0.9231
	0.9168
	0.9101
	0.9030
	0.8955
	0.8876
	0.8791
	0.8702
	0.8607
	0.8507
	0.8401
	0.8288

	41
	0.9506
	0.9461
	0.9414
	0.9362
	0.9308
	0.9249
	0.9187
	0.9121
	0.9050
	0.8976
	0.8898
	0.8814
	0.8725
	0.8632
	0.8531
	0.8426
	0.8314

	42
	0.9521
	0.9477
	0.9430
	0.9379
	0.9325
	0.9268
	0.9207
	0.9142
	0.9072
	0.8999
	0.8921
	0.8839
	0.8750
	0.8657
	0.8557
	0.8452
	0.8341

	43
	0.9535
	0.9492
	0.9446
	0.9396
	0.9343
	0.9287
	0.9226
	0.9162
	0.9094
	0.9021
	0.8944
	0.8863
	0.8775
	0.8683
	0.8584
	0.8480
	0.8369

	44
	0.9549
	0.9507
	0.9462
	0.9413
	0.9362
	0.9306
	0.9247
	0.9183
	0.9116
	0.9044
	0.8968
	0.8887
	0.8801
	0.8710
	0.8611
	0.8508
	0.8398

	45
	0.9563
	0.9522
	0.9478
	0.9431
	0.9380
	0.9326
	0.9267
	0.9205
	0.9139
	0.9068
	0.8993
	0.8913
	0.8827
	0.8737
	0.8640
	0.8537
	0.8428

	46
	0.9578
	0.9537
	0.9495
	0.9448
	0.9399
	0.9345
	0.9288
	0.9226
	0.9162
	0.9092
	0.9018
	0.8940
	0.8855
	0.8765
	0.8669
	0.8567
	0.8459

	47
	0.9591
	0.9553
	0.9511
	0.9465
	0.9417
	0.9365
	0.9308
	0.9248
	0.9184
	0.9116
	0.9044
	0.8966
	0.8882
	0.8794
	0.8699
	0.8598
	0.8491

	48
	0.9606
	0.9568
	0.9527
	0.9483
	0.9435
	0.9384
	0.9329
	0.9271
	0.9208
	0.9141
	0.9070
	0.8993
	0.8911
	0.8823
	0.8729
	0.8630
	0.8523

	49
	0.9620
	0.9583
	0.9543
	0.9499
	0.9454
	0.9404
	0.9350
	0.9293
	0.9231
	0.9166
	0.9096
	0.9021
	0.8939
	0.8854
	0.8761
	0.8663
	0.8557

	50
	0.9633
	0.9598
	0.9559
	0.9517
	0.9472
	0.9423
	0.9371
	0.9315
	0.9255
	0.9191
	0.9122
	0.9049
	0.8969
	0.8884
	0.8792
	0.8695
	0.8591

	51
	0.9647
	0.9612
	0.9575
	0.9534
	0.9491
	0.9443
	0.9392
	0.9337
	0.9279
	0.9216
	0.9149
	0.9077
	0.8998
	0.8915
	0.8825
	0.8729
	0.8626

	52
	0.9660
	0.9626
	0.9590
	0.9550
	0.9508
	0.9463
	0.9413
	0.9360
	0.9303
	0.9241
	0.9176
	0.9105
	0.9028
	0.8946
	0.8858
	0.8764
	0.8662

	53
	0.9673
	0.9641
	0.9606
	0.9567
	0.9527
	0.9482
	0.9434
	0.9382
	0.9327
	0.9267
	0.9203
	0.9133
	0.9058
	0.8978
	0.8891
	0.8798
	0.8698

	54
	0.9686
	0.9654
	0.9621
	0.9584
	0.9544
	0.9501
	0.9454
	0.9404
	0.9350
	0.9292
	0.9230
	0.9162
	0.9089
	0.9011
	0.8925
	0.8834
	0.8736

	55
	0.9699
	0.9669
	0.9636
	0.9600
	0.9561
	0.9520
	0.9474
	0.9426
	0.9374
	0.9317
	0.9256
	0.9191
	0.9119
	0.9042
	0.8959
	0.8870
	0.8773










Exhibit  10.1.1



Sub appendix A. 3
Table  C
100% Joint and Survivor With Pop-Up
CEI Participants


Age of Pensioner
	
																			
	 
	 
	42
	43
	44
	45
	46
	47
	48
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	





A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9711
	0.9682
	0.9650
	0.9616
	0.9579
	0.9538
	0.9494
	0.9448
	0.9397
	0.9342
	0.9283
	0.9219
	0.9149
	0.9075
	0.8993
	0.8906
	0.8812

	57
	0.9723
	0.9695
	0.9664
	0.9631
	0.9596
	0.9557
	0.9514
	0.9469
	0.9420
	0.9367
	0.9310
	0.9247
	0.9180
	0.9107
	0.9027
	0.8942
	0.8850

	58
	0.9735
	0.9707
	0.9678
	0.9646
	0.9612
	0.9575
	0.9534
	0.9490
	0.9442
	0.9391
	0.9336
	0.9275
	0.9209
	0.9139
	0.9062
	0.8979
	0.8888

	59
	0.9746
	0.9720
	0.9692
	0.9661
	0.9628
	0.9592
	0.9553
	0.9510
	0.9465
	0.9415
	0.9362
	0.9304
	0.9240
	0.9172
	0.9096
	0.9015
	0.8926

	60
	0.9757
	0.9732
	0.9706
	0.9676
	0.9644
	0.9609
	0.9571
	0.9531
	0.9486
	0.9439
	0.9388
	0.9332
	0.9269
	0.9203
	0.9130
	0.9051
	0.8965

	61
	0.9768
	0.9744
	0.9718
	0.9689
	0.9659
	0.9626
	0.9590
	0.9550
	0.9508
	0.9462
	0.9413
	0.9359
	0.9299
	0.9235
	0.9163
	0.9087
	0.9003

	62
	0.9778
	0.9756
	0.9731
	0.9703
	0.9674
	0.9642
	0.9607
	0.9570
	0.9529
	0.9485
	0.9437
	0.9385
	0.9327
	0.9266
	0.9197
	0.9123
	0.9042

	63
	0.9788
	0.9766
	0.9743
	0.9717
	0.9689
	0.9658
	0.9625
	0.9588
	0.9550
	0.9507
	0.9461
	0.9411
	0.9356
	0.9296
	0.9230
	0.9158
	0.9079

	64
	0.9798
	0.9777
	0.9755
	0.9729
	0.9702
	0.9673
	0.9641
	0.9607
	0.9569
	0.9529
	0.9485
	0.9437
	0.9383
	0.9326
	0.9262
	0.9193
	0.9117

	65
	0.9808
	0.9787
	0.9765
	0.9742
	0.9716
	0.9689
	0.9658
	0.9625
	0.9589
	0.9550
	0.9508
	0.9462
	0.9410
	0.9355
	0.9294
	0.9227
	0.9154

	66
	0.9817
	0.9797
	0.9777
	0.9753
	0.9729
	0.9702
	0.9673
	0.9642
	0.9607
	0.9571
	0.9530
	0.9486
	0.9437
	0.9384
	0.9325
	0.9261
	0.9190

	67
	0.9825
	0.9807
	0.9788
	0.9765
	0.9742
	0.9716
	0.9688
	0.9659
	0.9626
	0.9590
	0.9552
	0.9510
	0.9463
	0.9412
	0.9355
	0.9294
	0.9226

	68
	0.9834
	0.9817
	0.9798
	0.9776
	0.9755
	0.9730
	0.9703
	0.9675
	0.9644
	0.9610
	0.9573
	0.9533
	0.9488
	0.9440
	0.9385
	0.9326
	0.9260

	69
	0.9842
	0.9826
	0.9808
	0.9787
	0.9766
	0.9743
	0.9717
	0.9690
	0.9660
	0.9628
	0.9594
	0.9555
	0.9512
	0.9466
	0.9414
	0.9358
	0.9294

	70
	0.9850
	0.9834
	0.9817
	0.9797
	0.9778
	0.9755
	0.9731
	0.9705
	0.9677
	0.9646
	0.9613
	0.9577
	0.9536
	0.9491
	0.9442
	0.9388
	0.9327

	71
	0.9857
	0.9843
	0.9826
	0.9807
	0.9789
	0.9767
	0.9744
	0.9719
	0.9692
	0.9663
	0.9632
	0.9597
	0.9558
	0.9516
	0.9469
	0.9418
	0.9359

	72
	0.9865
	0.9850
	0.9835
	0.9817
	0.9799
	0.9778
	0.9757
	0.9734
	0.9707
	0.9680
	0.9651
	0.9617
	0.9580
	0.9540
	0.9495
	0.9446
	0.9391

	73
	0.9872
	0.9858
	0.9843
	0.9827
	0.9809
	0.9790
	0.9769
	0.9746
	0.9723
	0.9696
	0.9668
	0.9637
	0.9602
	0.9564
	0.9521
	0.9474
	0.9421

	74
	0.9878
	0.9865
	0.9851
	0.9835
	0.9819
	0.9800
	0.9781
	0.9760
	0.9736
	0.9712
	0.9685
	0.9655
	0.9622
	0.9586
	0.9545
	0.9501
	0.9450

	75
	0.9885
	0.9872
	0.9859
	0.9844
	0.9828
	0.9811
	0.9792
	0.9772
	0.9750
	0.9726
	0.9701
	0.9673
	0.9641
	0.9607
	0.9568
	0.9526
	0.9478

	76
	0.9891
	0.9879
	0.9867
	0.9852
	0.9837
	0.9820
	0.9802
	0.9784
	0.9762
	0.9740
	0.9716
	0.9690
	0.9659
	0.9627
	0.9591
	0.9551
	0.9505

	77
	0.9897
	0.9885
	0.9874
	0.9859
	0.9846
	0.9830
	0.9812
	0.9795
	0.9775
	0.9754
	0.9731
	0.9706
	0.9677
	0.9647
	0.9612
	0.9574
	0.9531

	78
	0.9902
	0.9891
	0.9880
	0.9867
	0.9854
	0.9838
	0.9823
	0.9805
	0.9786
	0.9767
	0.9746
	0.9722
	0.9695
	0.9666
	0.9633
	0.9597
	0.9557

	79
	0.9908
	0.9898
	0.9887
	0.9874
	0.9862
	0.9847
	0.9831
	0.9815
	0.9798
	0.9779
	0.9759
	0.9736
	0.9711
	0.9684
	0.9653
	0.9619
	0.9580

	80
	0.9913
	0.9903
	0.9893
	0.9881
	0.9869
	0.9855
	0.9840
	0.9825
	0.9808
	0.9791
	0.9772
	0.9750
	0.9727
	0.9701
	0.9671
	0.9640
	0.9603

	81
	0.9918
	0.9909
	0.9899
	0.9887
	0.9876
	0.9863
	0.9849
	0.9835
	0.9819
	0.9801
	0.9784
	0.9764
	0.9741
	0.9717
	0.9690
	0.9659
	0.9624

	82
	0.9922
	0.9914
	0.9904
	0.9893
	0.9883
	0.9871
	0.9857
	0.9844
	0.9828
	0.9812
	0.9795
	0.9777
	0.9755
	0.9733
	0.9707
	0.9678
	0.9646

	83
	0.9927
	0.9919
	0.9910
	0.9899
	0.9889
	0.9878
	0.9865
	0.9852
	0.9838
	0.9823
	0.9807
	0.9789
	0.9769
	0.9748
	0.9723
	0.9697
	0.9666

	84
	0.9931
	0.9923
	0.9915
	0.9905
	0.9896
	0.9884
	0.9872
	0.9860
	0.9847
	0.9833
	0.9818
	0.9801
	0.9782
	0.9762
	0.9739
	0.9714
	0.9685

	85
	0.9936
	0.9928
	0.9920
	0.9911
	0.9901
	0.9891
	0.9879
	0.9868
	0.9855
	0.9842
	0.9828
	0.9812
	0.9794
	0.9776
	0.9754
	0.9730
	0.9703












Exhibit  10.1.1



Sub appendix A. 3
Table  C
100% Joint and Survivor With Pop-Up
CEI Participants


Age of Pensioner
	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	





A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	25
	0.7893
	0.7767
	0.7635
	0.7497
	0.7354
	0.7205
	0.7052
	0.6893
	0.6731
	0.6564
	0.6394
	0.6221
	0.6045
	0.5866
	0.5684
	0.5500
	0.5316

	26
	0.7905
	0.7780
	0.7647
	0.7510
	0.7366
	0.7217
	0.7064
	0.6905
	0.6743
	0.6575
	0.6405
	0.6232
	0.6056
	0.5876
	0.5694
	0.5510
	0.5326

	27
	0.7919
	0.7793
	0.7660
	0.7523
	0.7379
	0.7230
	0.7077
	0.6918
	0.6755
	0.6587
	0.6417
	0.6244
	0.6067
	0.5887
	0.5705
	0.5521
	0.5336

	28
	0.7933
	0.7807
	0.7675
	0.7536
	0.7393
	0.7244
	0.7090
	0.6931
	0.6768
	0.6601
	0.6430
	0.6256
	0.6079
	0.5899
	0.5717
	0.5532
	0.5347

	29
	0.7947
	0.7821
	0.7689
	0.7551
	0.7407
	0.7258
	0.7104
	0.6945
	0.6782
	0.6614
	0.6443
	0.6269
	0.6092
	0.5912
	0.5729
	0.5544
	0.5359

	30
	0.7963
	0.7837
	0.7704
	0.7567
	0.7423
	0.7274
	0.7120
	0.6960
	0.6797
	0.6629
	0.6458
	0.6283
	0.6106
	0.5926
	0.5743
	0.5557
	0.5372

	31
	0.7979
	0.7853
	0.7721
	0.7583
	0.7439
	0.7290
	0.7136
	0.6976
	0.6812
	0.6644
	0.6473
	0.6298
	0.6121
	0.5940
	0.5757
	0.5571
	0.5385

	32
	0.7997
	0.7871
	0.7738
	0.7600
	0.7456
	0.7307
	0.7152
	0.6993
	0.6829
	0.6661
	0.6489
	0.6315
	0.6137
	0.5955
	0.5772
	0.5586
	0.5400

	33
	0.8015
	0.7888
	0.7756
	0.7619
	0.7475
	0.7325
	0.7171
	0.7011
	0.6847
	0.6678
	0.6507
	0.6331
	0.6153
	0.5972
	0.5787
	0.5601
	0.5415

	34
	0.8034
	0.7908
	0.7776
	0.7638
	0.7494
	0.7344
	0.7190
	0.7030
	0.6865
	0.6697
	0.6525
	0.6349
	0.6171
	0.5989
	0.5804
	0.5618
	0.5431

	35
	0.8054
	0.7928
	0.7796
	0.7658
	0.7514
	0.7364
	0.7210
	0.7049
	0.6885
	0.6716
	0.6544
	0.6368
	0.6189
	0.6007
	0.5823
	0.5635
	0.5448

	36
	0.8075
	0.7949
	0.7817
	0.7679
	0.7535
	0.7385
	0.7230
	0.7070
	0.6906
	0.6737
	0.6564
	0.6388
	0.6209
	0.6027
	0.5842
	0.5654
	0.5466

	37
	0.8097
	0.7972
	0.7840
	0.7701
	0.7558
	0.7408
	0.7253
	0.7092
	0.6928
	0.6759
	0.6586
	0.6410
	0.6230
	0.6047
	0.5862
	0.5674
	0.5486

	38
	0.8120
	0.7995
	0.7863
	0.7725
	0.7581
	0.7431
	0.7276
	0.7116
	0.6951
	0.6781
	0.6609
	0.6432
	0.6252
	0.6069
	0.5883
	0.5695
	0.5506

	39
	0.8144
	0.8019
	0.7887
	0.7750
	0.7606
	0.7456
	0.7301
	0.7141
	0.6976
	0.6806
	0.6633
	0.6456
	0.6275
	0.6092
	0.5906
	0.5717
	0.5527

	40
	0.8169
	0.8044
	0.7913
	0.7776
	0.7632
	0.7482
	0.7327
	0.7167
	0.7002
	0.6832
	0.6658
	0.6481
	0.6301
	0.6116
	0.5930
	0.5740
	0.5551

	41
	0.8196
	0.8071
	0.7940
	0.7803
	0.7659
	0.7509
	0.7354
	0.7194
	0.7029
	0.6859
	0.6685
	0.6507
	0.6327
	0.6142
	0.5955
	0.5765
	0.5575

	42
	0.8223
	0.8099
	0.7968
	0.7831
	0.7687
	0.7538
	0.7384
	0.7223
	0.7057
	0.6887
	0.6713
	0.6535
	0.6354
	0.6170
	0.5982
	0.5791
	0.5601

	43
	0.8251
	0.8128
	0.7998
	0.7861
	0.7717
	0.7568
	0.7413
	0.7253
	0.7088
	0.6917
	0.6743
	0.6565
	0.6384
	0.6198
	0.6010
	0.5819
	0.5628

	44
	0.8281
	0.8158
	0.8028
	0.7892
	0.7749
	0.7600
	0.7445
	0.7284
	0.7119
	0.6948
	0.6774
	0.6596
	0.6414
	0.6228
	0.6040
	0.5848
	0.5657

	45
	0.8312
	0.8189
	0.8059
	0.7924
	0.7781
	0.7633
	0.7478
	0.7317
	0.7152
	0.6981
	0.6807
	0.6628
	0.6446
	0.6260
	0.6072
	0.5880
	0.5687

	46
	0.8343
	0.8221
	0.8092
	0.7957
	0.7815
	0.7666
	0.7512
	0.7352
	0.7187
	0.7016
	0.6841
	0.6663
	0.6480
	0.6294
	0.6104
	0.5912
	0.5719

	47
	0.8376
	0.8255
	0.8127
	0.7992
	0.7850
	0.7702
	0.7549
	0.7388
	0.7223
	0.7052
	0.6877
	0.6699
	0.6516
	0.6329
	0.6140
	0.5946
	0.5753

	48
	0.8409
	0.8289
	0.8162
	0.8028
	0.7887
	0.7739
	0.7586
	0.7426
	0.7261
	0.7090
	0.6915
	0.6737
	0.6553
	0.6367
	0.6176
	0.5983
	0.5789

	49
	0.8444
	0.8325
	0.8198
	0.8066
	0.7925
	0.7778
	0.7625
	0.7465
	0.7301
	0.7130
	0.6955
	0.6776
	0.6593
	0.6406
	0.6215
	0.6021
	0.5826

	50
	0.8480
	0.8361
	0.8236
	0.8104
	0.7964
	0.7818
	0.7665
	0.7506
	0.7342
	0.7172
	0.6997
	0.6818
	0.6634
	0.6447
	0.6256
	0.6061
	0.5866

	51
	0.8516
	0.8399
	0.8275
	0.8143
	0.8005
	0.7859
	0.7707
	0.7549
	0.7385
	0.7215
	0.7040
	0.6861
	0.6678
	0.6490
	0.6299
	0.6104
	0.5908

	52
	0.8554
	0.8438
	0.8315
	0.8184
	0.8047
	0.7902
	0.7751
	0.7593
	0.7429
	0.7260
	0.7086
	0.6907
	0.6724
	0.6536
	0.6344
	0.6149
	0.5952

	53
	0.8591
	0.8477
	0.8356
	0.8227
	0.8090
	0.7946
	0.7796
	0.7639
	0.7476
	0.7307
	0.7133
	0.6954
	0.6771
	0.6583
	0.6391
	0.6195
	0.5998

	54
	0.8630
	0.8517
	0.8397
	0.8270
	0.8134
	0.7992
	0.7843
	0.7686
	0.7524
	0.7356
	0.7182
	0.7004
	0.6821
	0.6633
	0.6441
	0.6245
	0.6047

	55
	0.8670
	0.8558
	0.8440
	0.8314
	0.8180
	0.8038
	0.7891
	0.7735
	0.7574
	0.7407
	0.7234
	0.7056
	0.6873
	0.6685
	0.6493
	0.6296
	0.6098










Exhibit  10.1.1



Sub appendix A. 3
Table  C
100% Joint and Survivor With Pop-Up
CEI Participants


Age of Pensioner
	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	





A
G
E


O
F


B
E
N
E
F
I
C
I
A
R
Y
	56
	0.8709
	0.8600
	0.8483
	0.8358
	0.8227
	0.8087
	0.7940
	0.7786
	0.7626
	0.7459
	0.7287
	0.7109
	0.6927
	0.6739
	0.6547
	0.6351
	0.6152

	57
	0.8749
	0.8642
	0.8527
	0.8405
	0.8274
	0.8136
	0.7991
	0.7838
	0.7679
	0.7513
	0.7342
	0.7165
	0.6983
	0.6795
	0.6603
	0.6407
	0.6209

	58
	0.8790
	0.8685
	0.8571
	0.8451
	0.8322
	0.8186
	0.8043
	0.7891
	0.7734
	0.7569
	0.7399
	0.7223
	0.7041
	0.6854
	0.6663
	0.6466
	0.6267

	59
	0.8830
	0.8728
	0.8617
	0.8498
	0.8371
	0.8236
	0.8095
	0.7945
	0.7789
	0.7626
	0.7457
	0.7282
	0.7101
	0.6915
	0.6724
	0.6527
	0.6329

	60
	0.8871
	0.8771
	0.8662
	0.8546
	0.8421
	0.8288
	0.8149
	0.8001
	0.7846
	0.7685
	0.7517
	0.7343
	0.7164
	0.6978
	0.6787
	0.6591
	0.6393

	61
	0.8912
	0.8814
	0.8707
	0.8594
	0.8471
	0.8341
	0.8203
	0.8057
	0.7905
	0.7745
	0.7579
	0.7406
	0.7228
	0.7043
	0.6853
	0.6657
	0.6459

	62
	0.8952
	0.8857
	0.8753
	0.8641
	0.8521
	0.8393
	0.8258
	0.8114
	0.7964
	0.7806
	0.7642
	0.7471
	0.7294
	0.7110
	0.6921
	0.6726
	0.6528

	63
	0.8993
	0.8900
	0.8799
	0.8690
	0.8572
	0.8447
	0.8314
	0.8173
	0.8025
	0.7868
	0.7706
	0.7536
	0.7361
	0.7178
	0.6990
	0.6796
	0.6599

	64
	0.9033
	0.8942
	0.8844
	0.8737
	0.8623
	0.8500
	0.8370
	0.8231
	0.8085
	0.7931
	0.7770
	0.7603
	0.7429
	0.7249
	0.7062
	0.6869
	0.6672

	65
	0.9073
	0.8984
	0.8889
	0.8785
	0.8674
	0.8553
	0.8426
	0.8290
	0.8147
	0.7995
	0.7837
	0.7671
	0.7500
	0.7321
	0.7135
	0.6943
	0.6748

	66
	0.9111
	0.9026
	0.8934
	0.8833
	0.8724
	0.8607
	0.8482
	0.8349
	0.8208
	0.8059
	0.7903
	0.7741
	0.7571
	0.7394
	0.7210
	0.7019
	0.6825

	67
	0.9150
	0.9067
	0.8978
	0.8880
	0.8774
	0.8660
	0.8539
	0.8408
	0.8270
	0.8124
	0.7971
	0.7811
	0.7643
	0.7468
	0.7286
	0.7097
	0.6904

	68
	0.9187
	0.9108
	0.9021
	0.8927
	0.8823
	0.8713
	0.8594
	0.8466
	0.8332
	0.8189
	0.8038
	0.7881
	0.7716
	0.7543
	0.7363
	0.7176
	0.6985

	69
	0.9224
	0.9148
	0.9064
	0.8973
	0.8873
	0.8765
	0.8650
	0.8525
	0.8394
	0.8253
	0.8106
	0.7952
	0.7789
	0.7619
	0.7441
	0.7257
	0.7067

	70
	0.9260
	0.9186
	0.9105
	0.9017
	0.8921
	0.8816
	0.8704
	0.8584
	0.8455
	0.8318
	0.8174
	0.8023
	0.7863
	0.7695
	0.7520
	0.7338
	0.7150

	71
	0.9295
	0.9224
	0.9147
	0.9062
	0.8968
	0.8867
	0.8759
	0.8641
	0.8516
	0.8383
	0.8242
	0.8094
	0.7937
	0.7772
	0.7600
	0.7420
	0.7235

	72
	0.9329
	0.9262
	0.9186
	0.9105
	0.9015
	0.8917
	0.8812
	0.8698
	0.8577
	0.8447
	0.8309
	0.8164
	0.8011
	0.7849
	0.7680
	0.7503
	0.7320

	73
	0.9362
	0.9297
	0.9225
	0.9147
	0.9060
	0.8966
	0.8864
	0.8754
	0.8636
	0.8509
	0.8376
	0.8234
	0.8085
	0.7926
	0.7761
	0.7586
	0.7406

	74
	0.9394
	0.9332
	0.9263
	0.9188
	0.9105
	0.9014
	0.8915
	0.8809
	0.8695
	0.8572
	0.8442
	0.8304
	0.8158
	0.8003
	0.7841
	0.7669
	0.7492

	75
	0.9424
	0.9366
	0.9300
	0.9228
	0.9147
	0.9060
	0.8965
	0.8862
	0.8753
	0.8634
	0.8507
	0.8373
	0.8231
	0.8080
	0.7920
	0.7753
	0.7579

	76
	0.9454
	0.9398
	0.9335
	0.9266
	0.9189
	0.9106
	0.9015
	0.8915
	0.8809
	0.8694
	0.8572
	0.8441
	0.8303
	0.8155
	0.8000
	0.7835
	0.7665

	77
	0.9483
	0.9429
	0.9369
	0.9303
	0.9230
	0.9149
	0.9062
	0.8966
	0.8864
	0.8752
	0.8634
	0.8508
	0.8374
	0.8230
	0.8078
	0.7917
	0.7750

	78
	0.9510
	0.9460
	0.9402
	0.9339
	0.9269
	0.9192
	0.9108
	0.9016
	0.8918
	0.8810
	0.8695
	0.8573
	0.8443
	0.8304
	0.8156
	0.7998
	0.7836

	79
	0.9536
	0.9488
	0.9433
	0.9374
	0.9307
	0.9233
	0.9152
	0.9064
	0.8969
	0.8866
	0.8755
	0.8638
	0.8512
	0.8376
	0.8232
	0.8080
	0.7920

	80
	0.9561
	0.9515
	0.9464
	0.9407
	0.9343
	0.9272
	0.9196
	0.9111
	0.9019
	0.8921
	0.8814
	0.8700
	0.8578
	0.8447
	0.8307
	0.8159
	0.8003

	81
	0.9585
	0.9542
	0.9493
	0.9438
	0.9378
	0.9310
	0.9237
	0.9156
	0.9069
	0.8973
	0.8871
	0.8761
	0.8643
	0.8517
	0.8382
	0.8237
	0.8085

	82
	0.9608
	0.9567
	0.9521
	0.9469
	0.9412
	0.9347
	0.9277
	0.9200
	0.9116
	0.9025
	0.8926
	0.8821
	0.8708
	0.8585
	0.8454
	0.8314
	0.8167

	83
	0.9631
	0.9592
	0.9548
	0.9498
	0.9444
	0.9383
	0.9316
	0.9242
	0.9162
	0.9075
	0.8980
	0.8880
	0.8770
	0.8652
	0.8525
	0.8389
	0.8247

	84
	0.9652
	0.9615
	0.9573
	0.9527
	0.9475
	0.9417
	0.9354
	0.9283
	0.9207
	0.9123
	0.9033
	0.8936
	0.8831
	0.8717
	0.8595
	0.8464
	0.8326

	85
	0.9672
	0.9637
	0.9598
	0.9554
	0.9504
	0.9450
	0.9390
	0.9323
	0.9250
	0.9170
	0.9084
	0.8991
	0.8891
	0.8781
	0.8664
	0.8537
	0.8403












Exhibit  10.1.1



Sub appendix A. 3
Table D
50% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner


	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.9910
	0.9903
	0.9894
	0.9885
	0.9876
	0.9865
	0.9853
	0.9841
	0.9826
	0.9812
	0.9796
	0.9779
	0.9760
	0.9741
	0.9719
	0.9696
	0.9671

	26
	0.9912
	0.9905
	0.9897
	0.9887
	0.9878
	0.9868
	0.9856
	0.9844
	0.9830
	0.9816
	0.9801
	0.9783
	0.9765
	0.9746
	0.9724
	0.9701
	0.9676

	27
	0.9914
	0.9908
	0.9899
	0.9890
	0.9881
	0.9872
	0.9859
	0.9848
	0.9834
	0.9820
	0.9804
	0.9787
	0.9770
	0.9750
	0.9729
	0.9706
	0.9682

	28
	0.9917
	0.9910
	0.9902
	0.9893
	0.9885
	0.9874
	0.9863
	0.9852
	0.9838
	0.9825
	0.9810
	0.9793
	0.9775
	0.9755
	0.9735
	0.9712
	0.9688

	29
	0.9920
	0.9913
	0.9905
	0.9896
	0.9888
	0.9878
	0.9867
	0.9855
	0.9842
	0.9829
	0.9814
	0.9797
	0.9780
	0.9761
	0.9740
	0.9718
	0.9694

	30
	0.9922
	0.9915
	0.9908
	0.9899
	0.9892
	0.9882
	0.9870
	0.9860
	0.9846
	0.9834
	0.9818
	0.9802
	0.9785
	0.9766
	0.9746
	0.9724
	0.9700

	31
	0.9925
	0.9918
	0.9910
	0.9903
	0.9895
	0.9885
	0.9874
	0.9863
	0.9850
	0.9838
	0.9824
	0.9807
	0.9790
	0.9772
	0.9752
	0.9730
	0.9706

	32
	0.9927
	0.9920
	0.9913
	0.9906
	0.9898
	0.9888
	0.9878
	0.9867
	0.9855
	0.9843
	0.9828
	0.9812
	0.9795
	0.9777
	0.9758
	0.9737
	0.9713

	33
	0.9929
	0.9923
	0.9916
	0.9909
	0.9901
	0.9892
	0.9881
	0.9872
	0.9859
	0.9847
	0.9833
	0.9818
	0.9801
	0.9783
	0.9764
	0.9743
	0.9720

	34
	0.9931
	0.9925
	0.9919
	0.9912
	0.9904
	0.9896
	0.9885
	0.9875
	0.9863
	0.9851
	0.9838
	0.9823
	0.9807
	0.9789
	0.9770
	0.9749
	0.9727

	35
	0.9934
	0.9928
	0.9921
	0.9915
	0.9907
	0.9899
	0.9889
	0.9880
	0.9867
	0.9856
	0.9843
	0.9828
	0.9812
	0.9795
	0.9776
	0.9756
	0.9734

	36
	0.9936
	0.9930
	0.9924
	0.9918
	0.9911
	0.9902
	0.9893
	0.9883
	0.9872
	0.9861
	0.9848
	0.9833
	0.9818
	0.9801
	0.9783
	0.9763
	0.9741

	37
	0.9939
	0.9933
	0.9927
	0.9921
	0.9914
	0.9906
	0.9896
	0.9887
	0.9876
	0.9865
	0.9852
	0.9838
	0.9824
	0.9807
	0.9789
	0.9770
	0.9749

	38
	0.9941
	0.9936
	0.9930
	0.9923
	0.9917
	0.9909
	0.9900
	0.9891
	0.9881
	0.9870
	0.9858
	0.9844
	0.9830
	0.9813
	0.9796
	0.9777
	0.9755

	39
	0.9943
	0.9938
	0.9932
	0.9926
	0.9920
	0.9913
	0.9904
	0.9895
	0.9884
	0.9874
	0.9863
	0.9850
	0.9835
	0.9820
	0.9803
	0.9784
	0.9763

	40
	0.9945
	0.9940
	0.9935
	0.9929
	0.9923
	0.9916
	0.9907
	0.9899
	0.9889
	0.9879
	0.9867
	0.9855
	0.9841
	0.9826
	0.9809
	0.9791
	0.9770

	41
	0.9947
	0.9942
	0.9938
	0.9932
	0.9926
	0.9919
	0.9911
	0.9903
	0.9893
	0.9884
	0.9872
	0.9860
	0.9847
	0.9832
	0.9816
	0.9798
	0.9779

	42
	0.9949
	0.9944
	0.9940
	0.9935
	0.9929
	0.9922
	0.9915
	0.9907
	0.9897
	0.9889
	0.9877
	0.9865
	0.9852
	0.9838
	0.9822
	0.9805
	0.9786

	43
	0.9951
	0.9947
	0.9942
	0.9937
	0.9931
	0.9925
	0.9918
	0.9911
	0.9902
	0.9892
	0.9882
	0.9870
	0.9858
	0.9845
	0.9829
	0.9812
	0.9794

	44
	0.9953
	0.9949
	0.9944
	0.9940
	0.9934
	0.9928
	0.9921
	0.9914
	0.9905
	0.9897
	0.9887
	0.9876
	0.9863
	0.9851
	0.9836
	0.9819
	0.9801

	45
	0.9955
	0.9951
	0.9947
	0.9942
	0.9937
	0.9931
	0.9924
	0.9918
	0.9909
	0.9901
	0.9891
	0.9881
	0.9869
	0.9857
	0.9842
	0.9826
	0.9809

	46
	0.9957
	0.9953
	0.9949
	0.9944
	0.9940
	0.9934
	0.9928
	0.9921
	0.9913
	0.9906
	0.9896
	0.9885
	0.9874
	0.9862
	0.9848
	0.9833
	0.9816

	47
	0.9959
	0.9955
	0.9952
	0.9947
	0.9943
	0.9937
	0.9931
	0.9925
	0.9917
	0.9909
	0.9901
	0.9891
	0.9880
	0.9868
	0.9855
	0.9840
	0.9824

	48
	0.9961
	0.9957
	0.9953
	0.9949
	0.9946
	0.9940
	0.9934
	0.9928
	0.9921
	0.9914
	0.9905
	0.9895
	0.9885
	0.9874
	0.9861
	0.9847
	0.9831

	49
	0.9962
	0.9959
	0.9955
	0.9952
	0.9948
	0.9943
	0.9937
	0.9932
	0.9925
	0.9918
	0.9909
	0.9900
	0.9890
	0.9879
	0.9867
	0.9854
	0.9838

	50
	0.9964
	0.9961
	0.9958
	0.9954
	0.9950
	0.9945
	0.9940
	0.9935
	0.9928
	0.9921
	0.9914
	0.9905
	0.9896
	0.9885
	0.9873
	0.9860
	0.9845

	51
	0.9966
	0.9963
	0.9960
	0.9956
	0.9953
	0.9948
	0.9943
	0.9938
	0.9931
	0.9925
	0.9917
	0.9909
	0.9900
	0.9891
	0.9879
	0.9867
	0.9853

	52
	0.9967
	0.9964
	0.9961
	0.9958
	0.9955
	0.9951
	0.9946
	0.9941
	0.9934
	0.9929
	0.9922
	0.9914
	0.9905
	0.9896
	0.9885
	0.9873
	0.9860

	53
	0.9969
	0.9967
	0.9964
	0.9960
	0.9957
	0.9954
	0.9948
	0.9944
	0.9938
	0.9933
	0.9926
	0.9918
	0.9910
	0.9901
	0.9891
	0.9880
	0.9867

	54
	0.9970
	0.9968
	0.9965
	0.9962
	0.9960
	0.9956
	0.9951
	0.9947
	0.9941
	0.9936
	0.9929
	0.9922
	0.9914
	0.9906
	0.9896
	0.9885
	0.9873

	55
	0.9972
	0.9970
	0.9967
	0.9964
	0.9962
	0.9958
	0.9953
	0.9950
	0.9944
	0.9939
	0.9933
	0.9926
	0.9919
	0.9911
	0.9901
	0.9891
	0.9880








Exhibit  10.1.1





Sub appendix A. 3
Table D
50% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner


	
																			
	 
	 
	25
	26
	27
	28
	29
	30
	31
	32
	33
	34
	35
	36
	37
	38
	39
	40
	41

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9973
	0.9971
	0.9969
	0.9966
	0.9963
	0.9960
	0.9956
	0.9953
	0.9947
	0.9942
	0.9937
	0.9930
	0.9924
	0.9916
	0.9907
	0.9897
	0.9886

	57
	0.9975
	0.9973
	0.9970
	0.9968
	0.9966
	0.9963
	0.9959
	0.9955
	0.9950
	0.9946
	0.9940
	0.9934
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892

	58
	0.9976
	0.9974
	0.9972
	0.9969
	0.9968
	0.9965
	0.9961
	0.9958
	0.9953
	0.9949
	0.9944
	0.9937
	0.9931
	0.9925
	0.9917
	0.9908
	0.9898

	59
	0.9977
	0.9975
	0.9974
	0.9971
	0.9969
	0.9966
	0.9963
	0.9960
	0.9955
	0.9952
	0.9947
	0.9941
	0.9936
	0.9929
	0.9922
	0.9913
	0.9903

	60
	0.9978
	0.9977
	0.9975
	0.9973
	0.9971
	0.9969
	0.9965
	0.9962
	0.9958
	0.9955
	0.9950
	0.9945
	0.9939
	0.9933
	0.9927
	0.9919
	0.9910

	61
	0.9980
	0.9978
	0.9976
	0.9975
	0.9973
	0.9971
	0.9967
	0.9965
	0.9961
	0.9958
	0.9954
	0.9948
	0.9943
	0.9938
	0.9931
	0.9923
	0.9915

	62
	0.9981
	0.9980
	0.9978
	0.9976
	0.9975
	0.9972
	0.9969
	0.9967
	0.9963
	0.9961
	0.9956
	0.9952
	0.9946
	0.9942
	0.9935
	0.9928
	0.9920

	63
	0.9982
	0.9981
	0.9979
	0.9978
	0.9976
	0.9974
	0.9971
	0.9969
	0.9965
	0.9963
	0.9959
	0.9955
	0.9950
	0.9945
	0.9940
	0.9932
	0.9925

	64
	0.9983
	0.9982
	0.9981
	0.9979
	0.9978
	0.9976
	0.9973
	0.9971
	0.9967
	0.9965
	0.9962
	0.9958
	0.9953
	0.9948
	0.9944
	0.9937
	0.9930

	65
	0.9984
	0.9983
	0.9982
	0.9981
	0.9979
	0.9977
	0.9975
	0.9973
	0.9970
	0.9967
	0.9964
	0.9960
	0.9956
	0.9952
	0.9947
	0.9942
	0.9934

	66
	0.9985
	0.9984
	0.9983
	0.9981
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9970
	0.9966
	0.9963
	0.9959
	0.9955
	0.9951
	0.9946
	0.9939

	67
	0.9986
	0.9985
	0.9984
	0.9983
	0.9982
	0.9980
	0.9978
	0.9977
	0.9973
	0.9972
	0.9970
	0.9966
	0.9962
	0.9958
	0.9954
	0.9949
	0.9944

	68
	0.9987
	0.9987
	0.9985
	0.9984
	0.9984
	0.9982
	0.9980
	0.9978
	0.9976
	0.9974
	0.9971
	0.9969
	0.9965
	0.9961
	0.9957
	0.9953
	0.9948

	69
	0.9988
	0.9987
	0.9987
	0.9985
	0.9984
	0.9983
	0.9981
	0.9980
	0.9977
	0.9976
	0.9973
	0.9971
	0.9968
	0.9965
	0.9960
	0.9956
	0.9952

	70
	0.9989
	0.9988
	0.9987
	0.9986
	0.9986
	0.9984
	0.9983
	0.9981
	0.9979
	0.9978
	0.9976
	0.9973
	0.9970
	0.9968
	0.9964
	0.9960
	0.9955

	71
	0.9990
	0.9989
	0.9988
	0.9987
	0.9987
	0.9986
	0.9984
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9970
	0.9967
	0.9963
	0.9959

	72
	0.9990
	0.9990
	0.9989
	0.9988
	0.9988
	0.9986
	0.9985
	0.9984
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9969
	0.9966
	0.9962

	73
	0.9991
	0.9990
	0.9990
	0.9989
	0.9989
	0.9988
	0.9986
	0.9986
	0.9983
	0.9983
	0.9981
	0.9979
	0.9977
	0.9975
	0.9972
	0.9969
	0.9965

	74
	0.9992
	0.9991
	0.9990
	0.9990
	0.9990
	0.9989
	0.9987
	0.9986
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9977
	0.9974
	0.9971
	0.9968

	75
	0.9993
	0.9992
	0.9991
	0.9990
	0.9990
	0.9989
	0.9989
	0.9988
	0.9986
	0.9986
	0.9984
	0.9982
	0.9981
	0.9978
	0.9977
	0.9973
	0.9970

	76
	0.9993
	0.9993
	0.9992
	0.9991
	0.9991
	0.9991
	0.9989
	0.9989
	0.9987
	0.9987
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9976
	0.9973

	77
	0.9993
	0.9993
	0.9993
	0.9992
	0.9992
	0.9992
	0.9990
	0.9990
	0.9989
	0.9988
	0.9987
	0.9985
	0.9984
	0.9982
	0.9981
	0.9978
	0.9976

	78
	0.9994
	0.9994
	0.9993
	0.9993
	0.9993
	0.9992
	0.9991
	0.9991
	0.9989
	0.9989
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9980
	0.9977

	79
	0.9995
	0.9994
	0.9994
	0.9993
	0.9993
	0.9993
	0.9992
	0.9992
	0.9990
	0.9990
	0.9989
	0.9988
	0.9986
	0.9985
	0.9984
	0.9982
	0.9980

	80
	0.9995
	0.9995
	0.9994
	0.9994
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9991
	0.9990
	0.9989
	0.9988
	0.9987
	0.9985
	0.9984
	0.9981

	81
	0.9996
	0.9996
	0.9995
	0.9994
	0.9995
	0.9994
	0.9993
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9988
	0.9988
	0.9987
	0.9985
	0.9983

	82
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9995
	0.9994
	0.9994
	0.9992
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9987
	0.9985

	83
	0.9996
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9994
	0.9995
	0.9993
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9988
	0.9986

	84
	0.9996
	0.9996
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9995
	0.9994
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989
	0.9987

	85
	0.9997
	0.9996
	0.9996
	0.9996
	0.9996
	0.9996
	0.9995
	0.9995
	0.9995
	0.9995
	0.9994
	0.9993
	0.9992
	0.9992
	0.9991
	0.9990
	0.9989








Exhibit  10.1.1



Sub appendix A. 3
Table D
50% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner


	
																			
	 
	 
	42
	43
	44
	45
	45
	47
	418
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	

A
G
E




O
F




B
E     
N
E
F
I
C
I
A
R
Y
	25
	0.9645
	0.9616
	0.9586
	0.9553
	0.9519
	0.9483
	0.9444
	0.9403
	0.9360
	0.9314
	0.9266
	0.9215
	0.9159
	0.9101
	0.9039
	0.8974
	0.8903

	26
	0.9651
	0.9622
	0.9592
	0.9559
	0.9526
	0.9490
	0.9451
	0.9411
	0.9367
	0.9321
	0.9274
	0.9222
	0.9167
	0.9109
	0.9047
	0.8982
	0.8912

	27
	0.9657
	0.9628
	0.9598
	0.9566
	0.9533
	0.9497
	0.9458
	0.9417
	0.9374
	0.9329
	0.9281
	0.9230
	0.9175
	0.9117
	0.9055
	0.8990
	0.8920

	28
	0.9662
	0.9635
	0.9605
	0.9573
	0.9539
	0.9504
	0.9465
	0.9425
	0.9383
	0.9337
	0.9289
	0.9238
	0.9184
	0.9126
	0.9064
	0.8999
	0.8929

	29
	0.9669
	0.9641
	0.9611
	0.9580
	0.9547
	0.9511
	0.9473
	0.9433
	0.9391
	0.9345
	0.9298
	0.9247
	0.9192
	0.9135
	0.9073
	0.9008
	0.8939

	30
	0.9675
	0.9648
	0.9619
	0.9587
	0.9554
	0.9519
	0.9481
	0.9442
	0.9399
	0.9354
	0.9307
	0.9256
	0.9201
	0.9145
	0.9083
	0.9018
	0.8949

	31
	0.9682
	0.9654
	0.9626
	0.9595
	0.9562
	0.9527
	0.9490
	0.9450
	0.9408
	0.9363
	0.9316
	0.9266
	0.9212
	0.9154
	0.9093
	0.9029
	0.8959

	32
	0.9689
	0.9662
	0.9634
	0.9602
	0.9570
	0.9535
	0.9498
	0.9459
	0.9417
	0.9373
	0.9326
	0.9276
	0.9222
	0.9166
	0.9104
	0.9040
	0.8971

	33
	0.9696
	0.9669
	0.9641
	0.9610
	0.9579
	0.9544
	0.9507
	0.9468
	0.9426
	0.9383
	0.9336
	0.9287
	0.9233
	0.9176
	0.9115
	0.9051
	0.8982

	34
	0.9703
	0.9677
	0.9649
	0.9619
	0.9587
	0.9553
	0.9517
	0.9478
	0.9437
	0.9393
	0.9347
	0.9297
	0.9244
	0.9188
	0.9127
	0.9063
	0.8995

	35
	0.9711
	0.9685
	0.9658
	0.9628
	0.9596
	0.9563
	0.9526
	0.9488
	0.9447
	0.9404
	0.9358
	0.9309
	0.9256
	0.9200
	0.9140
	0.9077
	0.9008

	36
	0.9718
	0.9693
	0.9666
	0.9636
	0.9605
	0.9572
	0.9536
	0.9498
	0.9458
	0.9415
	0.9370
	0.9321
	0.9268
	0.9213
	0.9153
	0.9089
	0.9021

	37
	0.9726
	0.9701
	0.9674
	0.9645
	0.9615
	0.9582
	0.9546
	0.9509
	0.9469
	0.9426
	0.9382
	0.9333
	0.9280
	0.9226
	0.9166
	0.9104
	0.9036

	38
	0.9734
	0.9710
	0.9683
	0.9655
	0.9624
	0.9592
	0.9557
	0.9520
	0.9481
	0.9439
	0.9394
	0.9346
	0.9294
	0.9240
	0.9181
	0.9118
	0.9051

	39
	0.9742
	0.9718
	0.9692
	0.9664
	0.9635
	0.9603
	0.9568
	0.9531
	0.9492
	0.9451
	0.9407
	0.9360
	0.9308
	0.9254
	0.9195
	0.9133
	0.9067

	40
	0.9750
	0.9726
	0.9701
	0.9673
	0.9645
	0.9613
	0.9579
	0.9544
	0.9505
	0.9464
	0.9420
	0.9373
	0.9322
	0.9269
	0.9211
	0.9149
	0.9083

	41
	0.9758
	0.9735
	0.9710
	0.9683
	0.9655
	0.9624
	0.9591
	0.9556
	0.9517
	0.9477
	0.9434
	0.9388
	0.9337
	0.9285
	0.9227
	0.9166
	0.9100

	42
	0.9766
	0.9744
	0.9719
	0.9693
	0.9665
	0.9635
	0.9602
	0.9568
	0.9530
	0.9491
	0.9448
	0.9402
	0.9353
	0.9301
	0.9243
	0.9183
	0.9118

	43
	0.9774
	0.9753
	0.9729
	0.9703
	0.9676
	0.9646
	0.9614
	0.9580
	0.9543
	0.9505
	0.9463
	0.9417
	0.9369
	0.9317
	0.9261
	0.9200
	0.9136

	44
	0.9783
	0.9761
	0.9738
	0.9713
	0.9686
	0.9658
	0.9626
	0.9593
	0.9557
	0.9518
	0.9478
	0.9433
	0.9385
	0.9334
	0.9278
	0.9219
	0.9155

	45
	0.9790
	0.9770
	0.9748
	0.9723
	0.9697
	0.9669
	0.9638
	0.9606
	0.9571
	0.9533
	0.9493
	0.9449
	0.9401
	0.9352
	0.9296
	0.9238
	0.9175

	46
	0.9799
	0.9778
	0.9757
	0.9733
	0.9708
	0.9681
	0.9651
	0.9619
	0.9584
	0.9548
	0.9508
	0.9465
	0.9418
	0.9369
	0.9315
	0.9258
	0.9195

	47
	0.9807
	0.9787
	0.9766
	0.9743
	0.9719
	0.9692
	0.9663
	0.9632
	0.9599
	0.9562
	0.9524
	0.9482
	0.9436
	0.9387
	0.9334
	0.9277
	0.9216

	48
	0.9815
	0.9796
	0.9775
	0.9753
	0.9730
	0.9704
	0.9675
	0.9645
	0.9613
	0.9577
	0.9539
	0.9499
	0.9453
	0.9406
	0.9354
	0.9297
	0.9237

	49
	0.9823
	0.9804
	0.9785
	0.9763
	0.9741
	0.9715
	0.9688
	0.9659
	0.9627
	0.9593
	0.9556
	0.9516
	0.9471
	0.9425
	0.9374
	0.9319
	0.9259

	50
	0.9831
	0.9813
	0.9794
	0.9773
	0.9751
	0.9727
	0.9700
	0.9672
	0.9641
	0.9608
	0.9572
	0.9532
	0.9489
	0.9444
	0.9394
	0.9340
	0.9282

	51
	0.9838
	0.9821
	0.9803
	0.9783
	0.9761
	0.9739
	0.9712
	0.9685
	0.9655
	0.9622
	0.9588
	0.9550
	0.9508
	0.9464
	0.9415
	0.9362
	0.9305

	52
	0.9846
	0.9830
	0.9812
	0.9792
	0.9772
	0.9750
	0.9725
	0.9698
	0.9670
	0.9638
	0.9605
	0.9567
	0.9527
	0.9483
	0.9435
	0.9384
	0.9328

	53
	0.9853
	0.9838
	0.9821
	0.9802
	0.9782
	0.9761
	0.9737
	0.9712
	0.9684
	0.9653
	0.9620
	0.9585
	0.9546
	0.9503
	0.9456
	0.9406
	0.9351

	54
	0.9860
	0.9846
	0.9830
	0.9812
	0.9793
	0.9772
	0.9749
	0.9724
	0.9698
	0.9668
	0.9637
	0.9602
	0.9564
	0.9523
	0.9478
	0.9429
	0.9376

	55
	0.9867
	0.9853
	0.9839
	0.9821
	0.9803
	0.9783
	0.9761
	0.9738
	0.9711
	0.9683
	0.9653
	0.9620
	0.9582
	0.9544
	0.9499
	0.9452
	0.9400








Exhibit  10.1.1





Sub appendix A. 3
Table D
50% Joint and Survivor Without Pop-Up
CEI Participants


Age of Pensioner


	
																			
	 
	 
	42
	43
	44
	45
	45
	47
	418
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9874
	0.9861
	0.9846
	0.9830
	0.9813
	0.9794
	0.9773
	0.9750
	0.9726
	0.9698
	0.9670
	0.9637
	0.9602
	0.9563
	0.9521
	0.9475
	0.9424

	57
	0.9881
	0.9868
	0.9855
	0.9839
	0.9823
	0.9804
	0.9785
	0.9763
	0.9739
	0.9714
	0.9686
	0.9654
	0.9620
	0.9583
	0.9542
	0.9498
	0.9449

	58
	0.9887
	0.9876
	0.9863
	0.9848
	0.9832
	0.9815
	0.9796
	0.9775
	0.9753
	0.9728
	0.9701
	0.9672
	0.9638
	0.9604
	0.9563
	0.9521
	0.9473

	59
	0.9894
	0.9883
	0.9870
	0.9856
	0.9842
	0.9825
	0.9807
	0.9788
	0.9766
	0.9742
	0.9717
	0.9689
	0.9657
	0.9623
	0.9585
	0.9544
	0.9498

	60
	0.9901
	0.9890
	0.9877
	0.9864
	0.9850
	0.9835
	0.9818
	0.9799
	0.9778
	0.9756
	0.9733
	0.9705
	0.9675
	0.9643
	0.9606
	0.9567
	0.9523

	61
	0.9906
	0.9896
	0.9885
	0.9872
	0.9859
	0.9845
	0.9828
	0.9811
	0.9791
	0.9770
	0.9747
	0.9722
	0.9693
	0.9662
	0.9627
	0.9589
	0.9547

	62
	0.9912
	0.9902
	0.9892
	0.9880
	0.9868
	0.9854
	0.9839
	0.9822
	0.9803
	0.9784
	0.9762
	0.9738
	0.9710
	0.9681
	0.9648
	0.9612
	0.9572

	63
	0.9918
	0.9909
	0.9899
	0.9888
	0.9876
	0.9863
	0.9848
	0.9833
	0.9815
	0.9797
	0.9777
	0.9754
	0.9728
	0.9699
	0.9668
	0.9634
	0.9595

	64
	0.9923
	0.9915
	0.9906
	0.9895
	0.9884
	0.9872
	0.9858
	0.9844
	0.9827
	0.9810
	0.9790
	0.9768
	0.9744
	0.9718
	0.9688
	0.9655
	0.9618

	65
	0.9929
	0.9920
	0.9912
	0.9902
	0.9892
	0.9880
	0.9867
	0.9853
	0.9838
	0.9822
	0.9804
	0.9783
	0.9760
	0.9735
	0.9707
	0.9676
	0.9642

	66
	0.9933
	0.9926
	0.9917
	0.9908
	0.9899
	0.9888
	0.9876
	0.9863
	0.9849
	0.9833
	0.9817
	0.9797
	0.9776
	0.9753
	0.9726
	0.9697
	0.9664

	67
	0.9938
	0.9931
	0.9924
	0.9914
	0.9906
	0.9896
	0.9884
	0.9873
	0.9859
	0.9845
	0.9829
	0.9812
	0.9791
	0.9769
	0.9744
	0.9716
	0.9685

	68
	0.9943
	0.9936
	0.9928
	0.9921
	0.9912
	0.9904
	0.9892
	0.9882
	0.9869
	0.9856
	0.9841
	0.9824
	0.9805
	0.9785
	0.9761
	0.9736
	0.9706

	69
	0.9947
	0.9941
	0.9934
	0.9926
	0.9919
	0.9910
	0.9900
	0.9890
	0.9878
	0.9866
	0.9852
	0.9837
	0.9819
	0.9800
	0.9778
	0.9754
	0.9727

	70
	0.9950
	0.9945
	0.9939
	0.9932
	0.9925
	0.9917
	0.9908
	0.9898
	0.9887
	0.9875
	0.9863
	0.9849
	0.9832
	0.9815
	0.9794
	0.9772
	0.9746

	71
	0.9954
	0.9949
	0.9943
	0.9937
	0.9931
	0.9923
	0.9915
	0.9906
	0.9896
	0.9885
	0.9873
	0.9860
	0.9845
	0.9829
	0.9809
	0.9789
	0.9765

	72
	0.9958
	0.9953
	0.9948
	0.9942
	0.9936
	0.9929
	0.9921
	0.9913
	0.9904
	0.9894
	0.9883
	0.9871
	0.9857
	0.9841
	0.9824
	0.9805
	0.9783

	73
	0.9961
	0.9957
	0.9952
	0.9946
	0.9941
	0.9935
	0.9927
	0.9920
	0.9912
	0.9902
	0.9892
	0.9881
	0.9868
	0.9854
	0.9838
	0.9820
	0.9799

	74
	0.9965
	0.9960
	0.9956
	0.9951
	0.9946
	0.9940
	0.9933
	0.9927
	0.9918
	0.9910
	0.9901
	0.9890
	0.9878
	0.9866
	0.9851
	0.9835
	0.9815

	75
	0.9968
	0.9964
	0.9960
	0.9955
	0.9951
	0.9945
	0.9939
	0.9932
	0.9925
	0.9918
	0.9909
	0.9900
	0.9888
	0.9877
	0.9863
	0.9848
	0.9830

	76
	0.9971
	0.9967
	0.9963
	0.9958
	0.9955
	0.9950
	0.9943
	0.9938
	0.9932
	0.9924
	0.9917
	0.9908
	0.9898
	0.9887
	0.9874
	0.9861
	0.9845

	77
	0.9973
	0.9970
	0.9966
	0.9962
	0.9959
	0.9954
	0.9948
	0.9943
	0.9937
	0.9931
	0.9924
	0.9916
	0.9906
	0.9897
	0.9886
	0.9873
	0.9858

	78
	0.9976
	0.9972
	0.9970
	0.9965
	0.9962
	0.9958
	0.9953
	0.9948
	0.9942
	0.9937
	0.9930
	0.9924
	0.9915
	0.9906
	0.9895
	0.9884
	0.9871

	79
	0.9978
	0.9975
	0.9972
	0.9969
	0.9965
	0.9962
	0.9957
	0.9953
	0.9947
	0.9943
	0.9937
	0.9930
	0.9922
	0.9915
	0.9905
	0.9894
	0.9881

	80
	0.9979
	0.9977
	0.9974
	0.9971
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952
	0.9948
	0.9942
	0.9936
	0.9929
	0.9922
	0.9913
	0.9904
	0.9892

	81
	0.9982
	0.9979
	0.9977
	0.9974
	0.9972
	0.9968
	0.9965
	0.9961
	0.9957
	0.9952
	0.9948
	0.9942
	0.9936
	0.9930
	0.9921
	0.9913
	0.9902

	82
	0.9983
	0.9982
	0.9979
	0.9976
	0.9974
	0.9971
	0.9968
	0.9964
	0.9961
	0.9957
	0.9952
	0.9948
	0.9942
	0.9936
	0.9928
	0.9921
	0.9911

	83
	0.9985
	0.9983
	0.9982
	0.9978
	0.9977
	0.9974
	0.9970
	0.9968
	0.9964
	0.9960
	0.9957
	0.9953
	0.9947
	0.9942
	0.9935
	0.9928
	0.9919

	84
	0.9987
	0.9985
	0.9983
	0.9981
	0.9979
	0.9976
	0.9974
	0.9971
	0.9967
	0.9965
	0.9961
	0.9957
	0.9952
	0.9947
	0.9941
	0.9935
	0.9928

	85
	0.9988
	0.9986
	0.9985
	0.9982
	0.9981
	0.9979
	0.9976
	0.9973
	0.9971
	0.9968
	0.9965
	0.9961
	0.9956
	0.9952
	0.9946
	0.9941
	0.9935








Exhibit  10.1.1





Sub appendix A. 3
Table D
50% Joint and Survivor Without Pop-Up
CEI Participants
Age of Pensioner
	
																			
	 
	 
	42
	43
	44
	45
	45
	47
	418
	49
	50
	51
	52
	53
	54
	55
	56
	57
	58

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	25
	0.8828
	0.8749
	0.8665
	0.8576
	0.8481
	0.8382
	0.8277
	0.8167
	0.8052
	0.7932
	0.7806
	0.7676
	0.7541
	0.7400
	0.7254
	0.7102
	0.6948

	26
	0.8837
	0.8757
	0.8673
	0.8584
	0.8490
	0.8391
	0.8286
	0.8176
	0.8062
	0.7940
	0.7815
	0.7685
	0.7550
	0.7409
	0.7263
	0.7111
	0.6957

	27
	0.8845
	0.8766
	0.8682
	0.8594
	0.8499
	0.8399
	0.8295
	0.8185
	0.8071
	0.7950
	0.7825
	0.7695
	0.7559
	0.7418
	0.7273
	0.7121
	0.6966

	28
	0.8854
	0.8776
	0.8691
	0.8603
	0.8508
	0.8409
	0.8305
	0.8195
	0.8080
	0.7960
	0.7835
	0.7704
	0.7569
	0.7428
	0.7282
	0.7130
	0.6975

	29
	0.8864
	0.8785
	0.8702
	0.8613
	0.8519
	0.8420
	0.8316
	0.8205
	0.8091
	0.7970
	0.7845
	0.7715
	0.7580
	0.7439
	0.7293
	0.7141
	0.6986

	30
	0.8874
	0.8796
	0.8712
	0.8624
	0.8529
	0.8430
	0.8327
	0.8217
	0.8102
	0.7982
	0.7857
	0.7726
	0.7591
	0.7450
	0.7304
	0.7152
	0.6997

	31
	0.8885
	0.8807
	0.8723
	0.8635
	0.8541
	0.8442
	0.8338
	0.8228
	0.8114
	0.7994
	0.7869
	0.7739
	0.7603
	0.7462
	0.7316
	0.7165
	0.7010

	32
	0.8896
	0.8818
	0.8735
	0.8647
	0.8553
	0.8454
	0.8351
	0.8241
	0.8126
	0.8007
	0.7881
	0.7751
	0.7616
	0.7475
	0.7329
	0.7177
	0.7023

	33
	0.8908
	0.8830
	0.8747
	0.8660
	0.8566
	0.8467
	0.8364
	0.8254
	0.8140
	0.8020
	0.7895
	0.7765
	0.7629
	0.7489
	0.7343
	0.7191
	0.7036

	34
	0.8921
	0.8844
	0.8761
	0.8673
	0.8580
	0.8481
	0.8377
	0.8268
	0.8154
	0.8034
	0.7909
	0.7779
	0.7644
	0.7503
	0.7357
	0.7205
	0.7050

	35
	0.8934
	0.8857
	0.8774
	0.8687
	0.8594
	0.8495
	0.8392
	0.8283
	0.8169
	0.8049
	0.7925
	0.7795
	0.7659
	0.7519
	0.7373
	0.7221
	0.7066

	36
	0.8949
	0.8871
	0.8789
	0.8701
	0.8609
	0.8511
	0.8407
	0.8299
	0.8185
	0.8065
	0.7941
	0.7811
	0.7676
	0.7535
	0.7389
	0.7238
	0.7082

	37
	0.8963
	0.8886
	0.8804
	0.8717
	0.8624
	0.8527
	0.8424
	0.8315
	0.8201
	0.8082
	0.7957
	0.7828
	0.7693
	0.7553
	0.7406
	0.7254
	0.7099

	38
	0.8979
	0.8902
	0.8820
	0.8734
	0.8642
	0.8544
	0.8441
	0.8332
	0.8219
	0.8099
	0.7975
	0.7846
	0.7711
	0.7571
	0.7425
	0.7273
	0.7118

	39
	0.8995
	0.8918
	0.8837
	0.8751
	0.8659
	0.8562
	0.8459
	0.8351
	0.8238
	0.8119
	0.7994
	0.7865
	0.7731
	0.7590
	0.7444
	0.7292
	0.7137

	40
	0.9011
	0.8936
	0.8855
	0.8768
	0.8677
	0.8580
	0.8479
	0.8371
	0.8257
	0.8138
	0.8014
	0.7885
	0.7751
	0.7611
	0.7465
	0.7313
	0.7158

	41
	0.9029
	0.8954
	0.8873
	0.8788
	0.8697
	0.8600
	0.8498
	0.8391
	0.8278
	0.8159
	0.8036
	0.7907
	0.7773
	0.7633
	0.7487
	0.7336
	0.7180

	42
	0.9047
	0.8972
	0.8893
	0.8807
	0.8717
	0.8621
	0.8520
	0.8412
	0.8300
	0.8182
	0.8058
	0.7930
	0.7796
	0.7656
	0.7510
	0.7359
	0.7204

	43
	0.9067
	0.8992
	0.8913
	0.8828
	0.8738
	0.8642
	0.8542
	0.8435
	0.8323
	0.8205
	0.8082
	0.7953
	0.7820
	0.7680
	0.7535
	0.7383
	0.7229

	44
	0.9086
	0.9012
	0.8934
	0.8850
	0.8760
	0.8665
	0.8565
	0.8459
	0.8347
	0.8230
	0.8107
	0.7979
	0.7845
	0.7705
	0.7560
	0.7410
	0.7254

	45
	0.9106
	0.9033
	0.8955
	0.8872
	0.8783
	0.8689
	0.8589
	0.8483
	0.8372
	0.8255
	0.8133
	0.8005
	0.7872
	0.7733
	0.7588
	0.7437
	0.7282

	46
	0.9127
	0.9055
	0.8978
	0.8896
	0.8807
	0.8714
	0.8614
	0.8509
	0.8399
	0.8282
	0.8161
	0.8033
	0.7900
	0.7761
	0.7616
	0.7466
	0.7311

	47
	0.9149
	0.9078
	0.9001
	0.8920
	0.8832
	0.8739
	0.8641
	0.8536
	0.8426
	0.8310
	0.8188
	0.8062
	0.7930
	0.7791
	0.7647
	0.7496
	0.7341

	48
	0.9172
	0.9101
	0.9025
	0.8945
	0.8858
	0.8765
	0.8668
	0.8564
	0.8455
	0.8340
	0.8219
	0.8093
	0.7961
	0.7822
	0.7678
	0.7528
	0.7374

	49
	0.9195
	0.9125
	0.9050
	0.8970
	0.8885
	0.8793
	0.8696
	0.8593
	0.8485
	0.8370
	0.8250
	0.8124
	0.7993
	0.7855
	0.7711
	0.7561
	0.7407

	50
	0.9218
	0.9150
	0.9076
	0.8997
	0.8912
	0.8822
	0.8726
	0.8623
	0.8516
	0.8402
	0.8283
	0.8157
	0.8027
	0.7889
	0.7747
	0.7597
	0.7443

	51
	0.9242
	0.9174
	0.9102
	0.9025
	0.8941
	0.8851
	0.8756
	0.8655
	0.8548
	0.8435
	0.8317
	0.8192
	0.8062
	0.7925
	0.7783
	0.7634
	0.7481

	52
	0.9266
	0.9200
	0.9129
	0.9053
	0.8970
	0.8881
	0.8788
	0.8688
	0.8582
	0.8470
	0.8353
	0.8229
	0.8099
	0.7963
	0.7821
	0.7672
	0.7520

	53
	0.9291
	0.9227
	0.9156
	0.9081
	0.9000
	0.8913
	0.8820
	0.8721
	0.8617
	0.8506
	0.8389
	0.8267
	0.8138
	0.8002
	0.7861
	0.7713
	0.7561

	54
	0.9317
	0.9254
	0.9185
	0.9111
	0.9031
	0.8945
	0.8854
	0.8756
	0.8653
	0.8543
	0.8428
	0.8306
	0.8178
	0.8044
	0.7903
	0.7756
	0.7604

	55
	0.9343
	0.9281
	0.9213
	0.9141
	0.9062
	0.8978
	0.8888
	0.8792
	0.8691
	0.8582
	0.8467
	0.8347
	0.8221
	0.8087
	0.7947
	0.7801
	0.7650










Exhibit  10.1.1



Sub appendix A. 3
Table D
50% Joint and Survivor Without Pop-Up
CEI Participants
Age of Pensioner
	
																			
	 
	 
	59
	60
	61
	62
	63
	64
	65
	66
	67
	68
	69
	70
	71
	72
	73
	74
	75

	

A
G
E




O
F




B
E
N
E
F
I
C
I
A
R
Y
	56
	0.9368
	0.9309
	0.9242
	0.9172
	0.9095
	0.9012
	0.8924
	0.8829
	0.8729
	0.8621
	0.8508
	0.8390
	0.8264
	0.8132
	0.7993
	0.7847
	0.7698

	57
	0.9394
	0.9336
	0.9272
	0.9203
	0.9128
	0.9047
	0.8960
	0.8867
	0.8769
	0.8662
	0.8551
	0.8434
	0.8310
	0.8179
	0.8041
	0.7896
	0.7747

	58
	0.9421
	0.9364
	0.9302
	0.9235
	0.9162
	0.9083
	0.8998
	0.8906
	0.8810
	0.8705
	0.8595
	0.8480
	0.8356
	0.8227
	0.8091
	0.7947
	0.7799

	59
	0.9448
	0.9393
	0.9332
	0.9267
	0.9196
	0.9118
	0.9035
	0.8946
	0.8851
	0.8749
	0.8641
	0.8526
	0.8405
	0.8278
	0.8142
	0.8000
	0.7854

	60
	0.9474
	0.9420
	0.9362
	0.9299
	0.9230
	0.9154
	0.9074
	0.8986
	0.8894
	0.8793
	0.8687
	0.8575
	0.8456
	0.8329
	0.8196
	0.8056
	0.7910

	61
	0.9500
	0.9449
	0.9393
	0.9331
	0.9264
	0.9192
	0.9113
	0.9028
	0.8937
	0.8839
	0.8735
	0.8625
	0.8508
	0.8383
	0.8252
	0.8113
	0.7969

	62
	0.9526
	0.9477
	0.9423
	0.9364
	0.9299
	0.9228
	0.9152
	0.9069
	0.8981
	0.8885
	0.8784
	0.8676
	0.8561
	0.8439
	0.8309
	0.8172
	0.8030

	63
	0.9553
	0.9505
	0.9453
	0.9396
	0.9334
	0.9265
	0.9192
	0.9111
	0.9026
	0.8932
	0.8833
	0.8727
	0.8615
	0.8495
	0.8368
	0.8233
	0.8093

	64
	0.9577
	0.9532
	0.9483
	0.9429
	0.9368
	0.9302
	0.9231
	0.9153
	0.9070
	0.8979
	0.8883
	0.8780
	0.8670
	0.8553
	0.8428
	0.8295
	0.8158

	65
	0.9602
	0.9559
	0.9512
	0.9460
	0.9402
	0.9339
	0.9271
	0.9196
	0.9115
	0.9027
	0.8934
	0.8833
	0.8726
	0.8611
	0.8489
	0.8359
	0.8224

	66
	0.9627
	0.9586
	0.9541
	0.9491
	0.9436
	0.9376
	0.9310
	0.9238
	0.9159
	0.9075
	0.8984
	0.8887
	0.8783
	0.8671
	0.8551
	0.8425
	0.8291

	67
	0.9651
	0.9612
	0.9569
	0.9522
	0.9469
	0.9411
	0.9348
	0.9279
	0.9204
	0.9122
	0.9035
	0.8940
	0.8839
	0.8731
	0.8614
	0.8490
	0.8360

	68
	0.9674
	0.9637
	0.9596
	0.9552
	0.9502
	0.9447
	0.9386
	0.9320
	0.9248
	0.9169
	0.9085
	0.8994
	0.8896
	0.8790
	0.8678
	0.8557
	0.8429

	69
	0.9696
	0.9661
	0.9623
	0.9581
	0.9534
	0.9481
	0.9424
	0.9360
	0.9291
	0.9216
	0.9135
	0.9047
	0.8953
	0.8851
	0.8741
	0.8623
	0.8500

	70
	0.9717
	0.9685
	0.9648
	0.9609
	0.9564
	0.9514
	0.9460
	0.9400
	0.9334
	0.9262
	0.9185
	0.9100
	0.9009
	0.8911
	0.8804
	0.8690
	0.8570

	71
	0.9737
	0.9708
	0.9674
	0.9636
	0.9594
	0.9547
	0.9496
	0.9438
	0.9376
	0.9307
	0.9233
	0.9153
	0.9065
	0.8971
	0.8869
	0.8758
	0.8641

	72
	0.9757
	0.9729
	0.9697
	0.9662
	0.9622
	0.9578
	0.9530
	0.9476
	0.9417
	0.9351
	0.9280
	0.9204
	0.9120
	0.9029
	0.8931
	0.8825
	0.8712

	73
	0.9776
	0.9750
	0.9720
	0.9687
	0.9650
	0.9608
	0.9563
	0.9512
	0.9456
	0.9395
	0.9327
	0.9254
	0.9174
	0.9087
	0.8993
	0.8890
	0.8782

	74
	0.9794
	0.9769
	0.9742
	0.9711
	0.9677
	0.9638
	0.9595
	0.9547
	0.9494
	0.9436
	0.9372
	0.9303
	0.9227
	0.9145
	0.9054
	0.8956
	0.8852

	75
	0.9811
	0.9788
	0.9763
	0.9734
	0.9701
	0.9665
	0.9626
	0.9580
	0.9531
	0.9476
	0.9416
	0.9351
	0.9279
	0.9200
	0.9114
	0.9020
	0.8920

	76
	0.9826
	0.9806
	0.9782
	0.9755
	0.9726
	0.9691
	0.9654
	0.9613
	0.9566
	0.9515
	0.9459
	0.9397
	0.9329
	0.9254
	0.9172
	0.9083
	0.8988

	77
	0.9841
	0.9822
	0.9800
	0.9776
	0.9748
	0.9716
	0.9682
	0.9643
	0.9600
	0.9552
	0.9498
	0.9441
	0.9377
	0.9306
	0.9228
	0.9143
	0.9053

	78
	0.9854
	0.9837
	0.9817
	0.9795
	0.9769
	0.9740
	0.9708
	0.9672
	0.9632
	0.9587
	0.9537
	0.9483
	0.9422
	0.9356
	0.9283
	0.9202
	0.9116

	79
	0.9868
	0.9852
	0.9833
	0.9813
	0.9789
	0.9762
	0.9732
	0.9699
	0.9662
	0.9619
	0.9573
	0.9522
	0.9466
	0.9403
	0.9335
	0.9259
	0.9178

	80
	0.9880
	0.9865
	0.9848
	0.9829
	0.9808
	0.9783
	0.9755
	0.9724
	0.9690
	0.9650
	0.9608
	0.9560
	0.9508
	0.9449
	0.9384
	0.9313
	0.9236

	81
	0.9891
	0.9877
	0.9861
	0.9845
	0.9824
	0.9802
	0.9777
	0.9748
	0.9717
	0.9680
	0.9640
	0.9596
	0.9547
	0.9493
	0.9432
	0.9365
	0.9292

	82
	0.9901
	0.9888
	0.9875
	0.9859
	0.9841
	0.9819
	0.9796
	0.9770
	0.9741
	0.9707
	0.9671
	0.9629
	0.9584
	0.9534
	0.9477
	0.9414
	0.9346

	83
	0.9910
	0.9899
	0.9886
	0.9872
	0.9855
	0.9836
	0.9816
	0.9791
	0.9764
	0.9733
	0.9699
	0.9662
	0.9619
	0.9572
	0.9519
	0.9460
	0.9397

	84
	0.9918
	0.9908
	0.9896
	0.9884
	0.9869
	0.9851
	0.9833
	0.9810
	0.9786
	0.9757
	0.9726
	0.9691
	0.9652
	0.9608
	0.9560
	0.9504
	0.9445

	85
	0.9927
	0.9918
	0.9907
	0.9895
	0.9882
	0.9865
	0.9848
	0.9828
	0.9806
	0.9779
	0.9750
	0.9719
	0.9683
	0.9643
	0.9597
	0.9547
	0.9492














Exhibit  10.1.1



Sub appendix A-4






Domestic Partner Benefits Including a Pre-Retirement Domestic
Partner Survivor Annuity and a 
Post-Retirement Domestic Partner Survivor Annuity Benefit






	
			
	Domestic Partner Benefits 

	Age Group
	Charge
	O&R Charge

	<30
	0.02%
	0.10%

	30-34
	0.04%
	0.10%

	35-39
	0.06%
	0.10%

	40-44
	0.07%
	0.15%

	45-49
	0.10%
	0.20%

	50-54
	0.15%
	0.35%

	55-59
	0.30%
	0.55%

	60-64
	0.60%
	0.80%

	65-69
	1.15%
	N/A

	



1.  Charges are factor per year of coverage.


2.  Charges are based on IRS Mortality Table for 2008.


3.  Current O&R charges apply to deferred vested participants; all benefits should start at age 65.















Exhibit  10.1.1










THE
CONSOLIDATED
EDISON
RETIREMENT PLAN


PART II (B)


OF THREE PARTS 












1


Exhibit  10.1.1



Subject to the Following Amendments and Clarifications:
n  Clarified on May 2, 2002; 
n  Amended December 13, 2001;
n  Amended April 2003 In Accordance with IRS Issuance of Favorable Determination Letter;
n  Amended August 2004 for 2004 Agreement Between Local Union 503 of the International Brotherhood of Electrical Workers, AFL0-CIO and O&R;
n  Amended August 2004 for O&R Management Employees Changes Concurrent with O&R Hourly Employees;
n  Amended August 2004 for the 2004-2008 Collective Bargaining Agreement Between Consolidated Edison Company of New York, Inc and Local 1-2 of the Utility Workers Union of America, AFL-CIO;
n  Amended July 2004 to Update Factors - O&R Optional Forms;
n  Amended and Restated November 2004 for Miscellaneous Changes;
n  Amended September 2005 for the 2005-2009 Collective Bargaining Contract Between Consolidated Edison Company of New York, Inc. and Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO;
n  Amended November 2008 In Accordance with the September 23, 2008 IRS Favorable Determination Letter;
n  Restated as of January 31, 2007 in Accordance with Revenue Procedure 2005-66 and Notice 2005-101; 
n  The January 2007 Restatement Reflects Changes Under EGTRRA, with Technical Corrections Made by the (i) Job Creation and Worker Assistance Act of 2002 (JCWAA), (ii) the Pension Funding Equity Act of 2004 


2


Exhibit  10.1.1



(PFEA), and (iii) the American Jobs Creation Act of 2004 (AJCA);
n  Amended December 2008 for (i) Domestic Partner Benefits, (ii) Accelerated Vesting for Cash Balance and (iii) 75% QJSA Option;
n  Amended December 2008 for the 2008-2012 Collective Bargaining Contract Between Consolidated Edison Company of New York, Inc. and Local 1-2 of the Utility Workers Union of America, AFL-CIO; 
n  Amended December 2008 for a Special Pension Accrual for CECONY Management Employees;
n  Amended in 2011 for Submission to the IRS for a Favorable Determination Letter Under Revenue Procedure 2011-6, Taking Into Account: (i) the Pension Protection Act of 2006 (PPA '06), (ii) the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007, (iii) the Heroes Earnings Assistance and Relief Tax Act of 2008 (HEART Act), (iv) the Worker, Retiree, and Employer Recovery Act of 2008 (WRERA), and (v) the Small Business Jobs Act of 2010 (SBJA). 
n  Amended December 2012 Taking Into Account the Following: (1) Changes Resulting from Total Rewards;
(2) Changes to the Named Fiduciaries Structure;
(3) Changes Resulting from the 2012 - 2016 Collective Bargaining  Contract Between Local 1-2 and CECONY;
(4) Changes to the Suspension of Benefits Rule; and
(5) Administrative and Operational Changes;
n  Amended June 2013 to Correct Prior Language Regarding Cash-Outs;
n  Amended to take into account the requirement of the Jobs and Growth Tax Relief Reconciliation Act of 2003, 


3


Exhibit  10.1.1



as requested by the Internal Revenue Service, during its review of the Retirement Plan’s Application for a favorable determination letter 
n  Amended October 2013 to Take Into Account the Changes Resulting from the 2013 - 2017 Collective Bargaining Contract Between Local 3 and CECONY
n  Amended to Take Into Account the 
2014 - 2017 Collective Bargaining Agreement Between 
Local Union 503 of the International Brotherhood of Electrical Workers, AFL-CIO and O&R ;
n  Amended to Take Into Account (1) the 2016 - 2020 Collective Bargaining Contract Between Local Union 1-2 of the Utility Workers Union of America, AFL-CIO and CECONY; (2) Changes Approved by the Boards for Management Employees on and after January 1, 2017; and (3) Elimination of the Buy-Back Feature for All Participants.


























































4


Exhibit  10.1.1





APPENDICES in PART II (b)
TABLE OF CONTENT
	
			
	APPENDIX A................................................................................................
	1
	


	APPENDIX B - Employers...........................................................................
	2
	


	B.1    List of Participating Employers..........................................................
	2
	


	APPENDIX C - Provisions Applicable to O&R Management Participants Transferred Directly to or Hired Directly by  CECONY or a CEI Affiliate.......


	4
	


	C.1    Scope of Appendix C.........................................................................
	4
	


	C.2    Determination of Pension Allowance for Transferred O&R Management Participants.............................................................................
	4
	


	APPENDIX D - Provisions Applicable to Participants Employed at Facilities Purchased from  Western Massachusetts Electric Company........
	7
	


	D.1    Effective Date and Scope of Appendix D...........................................
	7
	


	D.2    WMECO Employees Hired on or after January 1, 2000....................
	7
	


	D.3    Benefit Provisions Applicable to WMECO Employees Prior to January 1, 2000............................................................................................
	7
	


	APPENDIX E - Determination of Amounts Payable from 401(h) Account....
	9
	


	E.1    Amount Payable from 401(h) Account...............................................
	9
	


	E.2    Time and Manner of Payment from 401(h) Account..........................
	10
	


	APPENDIX F - Normal Retirement Benefit Formulas For CECONY Weekly Participants For CECONY Management Participants and For O&R Participants..........................................................................................
	11
	


	F.1    Benefit Formula for CECONY Weekly Participants...........................
	11
	


	F.2    Benefit Formula for CECONY Management Participant....................
	13
	


	F.3    Benefit Formula for O&R Participant.................................................
	16
	


	APPENDIX G - Special Pension Adjustment................................................
	21
	


	G.1    Special Pension Adjustment..............................................................
	21
	


	APPENDIX H - Provisions Applicable to CECONY Participants at Fossil-Fueled Divested Operations.........................................................................
	22
	


	H.1    Effective Date and Scope of Appendix H...........................................
	22
	


	H.2    Treatment of CECONY Participants at Divested Operations.............
	22
	


	APPENDIX I - Provisions Applicable to O&R Participants Under O&R’s Pension Protection Program.........................................................................
	24
	


	I.1    Definitions   The following words and phrases as used in this........... Appendix I shall have the meaning indicated below:
	24
	


	I.2    Protections under the Program..........................................................
	26
	


	I.3    Limitations of the Program and Special Rules...................................
	28
	







5


Exhibit  10.1.1



	
			
	APPENDIX J - Provisions Applicable to Affected Indian Point (“IP”) Employees....................................................................................................
	38
	


	J.1    Effective Date and Scope of Appendix J............................................
	38
	


	J.2    Treatment of Affected IP Employee...................................................
	38
	


	APPENDIX K - Provisions Applicable to CECONY Support Employee re Voluntary Retirement Incentive--Support Organizations Program...............
	40
	


	K.1    Effective Date and Scope of Appendix K...........................................
	40
	


	K.2    CECONY Support Employees...........................................................
	40
	


	K.3    Eligibility Criteria................................................................................
	40
	


	K.4    Retirement under Voluntary Retirement Incentive - Support Organizations Program.................................................................................
	40
	


	K.5    Special Retirement Benefits under Voluntary Retirement Incentive - Support Organizations..................................................................................
	41
	


	K.6    Treatment of Certain Employees Retiring after March 31, 1999 but prior to August 1, 1999.................................................................................
	44
	


	K.7    Voluntary Nature of Retirement Incentive; Acceptance and Release  No Employee shall be obligated to accept any retirement incentive, and an Employee's election to accept the retirement incentive described in this Appendix K shall be purely voluntary.  As a condition to an Employee's receipt of the additional benefits described in this Appendix K, CECONY shall have the right to obtain from the Employee a waiver and or release of claims against CECONY and/or the Plan, based upon or arising out of termination of employment, consistent with the requirements of the federal Age Discrimination in Employment Act, as amended by the Older Workers Benefit Protection Act...................................................................................
	44
	


	K.8    Support Departments for Purposes of Appendix K  For purposes of this Appendix K, the following departments shall be deemed to have provided support to the Divestiture Operation: Central Services; Finance; Law; Central Public Affairs; Energy Management; and Fossil Power Engineering, Construction and Support........................................................
	45
	


	APPENDIX L................................................................................................
	46
	


	APPENDIX M Provisions Applicable to Participants Employed at the Lakewood Plant............................................................................................
	52
	


	M.1    Effective Date and Scope of Appendix M...........................................
	52
	


	M.2    Lakewood Participants.......................................................................
	52
	


	M.3    Benefit Provisions Applicable to Lakewood Participants as of June 1, 2000..........................................................................................................
	52
	


	APPENDIX N List of Annual Incentive Plans Approved By the Plan Administrator.................................................................................................
	53
	















6


Exhibit  10.1.1





















	
			
	Name of Appendix

	 
	 
	 

	Appendix B
	Employers
	B-1

	 
	 
	 

	Appendix C
	Provisions Applicable to O&R Participants Transferred to or Hired by CECONY or a CEI Affiliate
	C-1 to C-4

	 
	 
	 

	Appendix D
	Provisions Applicable to Participants Employed at Facilities Purchased From Western Massachusetts Electric Company
	D-1 to D-2

	 
	 
	 

	Appendix E
	Determination of Amounts Payable from 401(h) Account
	E-1-E-2

	 
	 
	 

	Appendix F
	Normal Retirement Benefit
	F-

	 
	 
	 

	Appendix G
	Special Pension Adjustment
	G

	 
	 
	 

	Appendix H
	Provisions Applicable to CECONY Participants at Fossil-Fueled Divested Operations
	H-1 to H-2

	 
	 
	 

	Appendix I
	Provisions Applicable to O&R Participants under O&R Pension Protection Program
	I-1 to I-14

	 
	 
	 

	Appendix J
	Provisions Applicable to Affected Indian Point (IP Employees
	J-1 to J-2

	 
	 
	 

	Appendix K
	Provision Applicable to Voluntary Retirement Incentive - Support
	K-1 to K-7

	 
	 
	 

	Appendix L
	Sample Illustrations of O&R PBA
	L-1 to L-3

	 
	 
	 

	Appendix M
	Provisions Applicable to Participants Employed at the Lakewood Plant
	M-1

	 
	 
	 

	Appendix N
	List of the Annual Incentive Plans of the Competitive Energy Businesses that have been Approved by the Plan Administrator 
	N-1














7


Exhibit  10.1.1















8



Exhibit  10.1.1



APPENDIX A


See Appendices Part II (a)
























































1


Exhibit  10.1.1



APPENDIX B
Employers
B.1    List of Participating Employers
The following chart sets forth (a) the Affiliates, other than CECONY, that are Participating Employers,  (b) the effective date of each Employer’s participation; and  (c) if applicable, which Employees are either newly covered Participants or continue their participation in the Plan.  The list of Employers is subject to change from time to time.  
Effective January 1, 2007, CEI Participants who began employment at CECONY or O&R and who are transferred directly to an Affiliate will retain their participation status as CEI Participants at the Affiliates.  Effective as of October 2004, the Board of Trustees has approved the participation of the Affiliates who are Affiliates as of that date.  
	
				
	Effective January 1, 2017, Con Edison Transmission, Inc. became a Participating Employer.  


Name of Company
	Effective Date of Participation
	Eligible Employees
	Effective Date of Termination

	

Consolidated Edison
Development, Inc.
	May 1, 1996
	CECONY Transferred Participants
	 

	Consolidated Edison Solutions, Inc.
	June 1, 2000
	Lakewood Participants
	Lakewood was sold to an unrelated third party and not a member of the CEI Controlled Group as of May 2008.  All benefit accruals and credits ceased as of the sale date. (May 7, 2008)

	Consolidated Edison Solutions, Inc.
	May 1, 1997
	CECONY Transferred Participants
	 






2


Exhibit  10.1.1



	
				
	

Consolidated Edison
Communications, Inc.
	February 1, 1999
	CECONY Transferred Participants
	March 1, 2006

	Consolidated Edison Energy, Inc.
	March 1, 1998
	CECONY Transferred Participants
	 

	Orange and Rockland Utilities, Inc.
	July, 1999
	Transferred O&R Management Participants
	 

	Orange and Rockland Utilities, Inc.
	January 1, 2001
	

O&R Management Participants,
O&R Hourly Participants,
CEI Participants
	 

	

Consolidated Edison Energy
Massachusetts, Inc.
	July 18, 1999
	Employees who were employed by WMECO at the WMECO Facilities, who became CEEM Employees upon the acquisition of the WMECO Facilities by CEEM and any Employee hired by CEEM after July, 1999 to work at the WMECO Facilities.
	WMECO was sold to an unrelated third party and not a member of the CEI Controlled Group as of May 2008.  All benefit accruals and credits ceased as of the sale date.

	Competitive Shared Services, Inc.
	January 1, 2004
	Only CECONY Transferred Participants, Transferred O&R Management Participants and CEI Participants
	 

	Con Edison Transmission,  Inc.
	January 1, 2017
	Only CECONY Transferred Participants, Transferred O&R Management Participants and CEI Participants
	 








3


Exhibit  10.1.1



APPENDIX C
Provisions Applicable to O&R Management Participants
Transferred Directly to or Hired Directly by 
CECONY or a CEI Affiliate
    
C.1    Scope of Appendix C
The Pension Allowance payable to an Employee who (i) transfers directly, without a break in employment, from O&R after O&R became an Affiliate or (ii) is hired by CECONY or a CEI Affiliate on or after O&R became an Affiliate and in all cases had been first an O&R Management Participant (“Transferred O&R Management Participant”) shall be determined in accordance with the provisions of this Appendix C.
C.2 Determination of Pension Allowance for Transferred O&R Management Participants
(a)CECONY Post-Transfer Benefit The Pension Allowance payable to a Transferred O&R Management Participant, or to the Surviving Spouse of a Transferred O&R Participant, shall be determined initially in accordance with the pension formula applicable to a CECONY Management Participant set forth in Appendix F, Section F.2.  For the purpose of that benefit determination: (1) the Transferred O&R Management Participant's Vesting Service shall be determined as if O&R had, at all times, been an Affiliate; (2) the Transferred O&R Management Participant's number of Years of Accredited Service applicable in the CECONY Management Participant’s formula shall be determined by disregarding all periods of employment with O&R prior to the date on which he or she became a Transferred O&R Management Participant; and  (3) for the purpose of determining the applicability of the percentage multipliers specified in the CECONY Management Participant formula in Appendix F, Sections F.2(A)(a)(i),(ii),(iii), and (iv), and for the purpose of determining his or her eligibility for, but not the amount of, early retirement benefits in accordance with the CECONY Management Participant formula, his or her Accredited Service shall be determined by treating his or her employment with O&R as if it were 


4


Exhibit  10.1.1



employment as a CECONY Management Participant.  Accredited Service as a Transferred O&R Management Participant, for purposes of this calculation, is not counted for the purpose of determining the amount of any early retirement benefits.  No portion of the Pension Allowance determined in accordance with this subparagraph will be payable to the Transferred O&R Management Participant or to the Surviving Spouse of the Transferred O&R Management Participant, except to the extent provided in Section C.2(c).
(b)Frozen O&R Benefit  The Pension Allowance payable to the Transferred O&R Management Participant, or to the Surviving Spouse of the Transferred O&R Participant, under the terms and formula of the O&R Plan or of the O&R Benefit Formula included in this Plan, whichever plan formula is applicable (the “O&R Formula”), as of the date of becoming a Transferred O&R Management Participant  (“Transfer Date”), shall be determined as if the Transferred O&R Management Participant had terminated employment from O&R on the Transfer Date.  The Transferred O&R Management Participant’s period of employment as a CECONY Management Participant shall be taken into account:  (1) in determining whether his or her accrued benefit under the O&R Formula is non-forfeitable, (2) in determining his or her eligibility for early retirement under the O&R Formula, and (3) in determining whether and to what extent the benefit under the O&R Formula is subject to reduction for commencement prior to Normal Retirement Age.
(c)O&R All Service Benefit   The amount payable to the Transferred O&R Participant, or to the Surviving Spouse of the Transferred O&R Management Participant, will be determined under the terms of the O&R Plan or the formula for O&R Participants in Appendix F, Section F3, whichever is applicable, determined as if the Transferred O&R Management Participant had remained an O&R Management Participant throughout the period that he or she was a CECONY Management Participant.   


5


Exhibit  10.1.1



(d)The Transferred O&R Management Participant’s Pension Allowance shall be the greater of (1) the CECONY Post Transfer Benefit, plus the Frozen O&R Benefit, or (2) the O&R All Service Benefit. 
(e)For the purpose of determining the CECONY Post Transfer Benefit, the Frozen O&R Benefit and the O&R All Service Benefit, each benefit shall be expressed as an annuity for the life of the Transferred O&R Management Participant, or the Surviving Spouse of the Transferred O&R Management Participant, as applicable, commencing on the later of (i) the first day of the month following the Transferred O&R Management Participant's termination of employment, or (ii) the first date on which annuity payments to the Transferred O&R Participant, or the Surviving Spouse of the Transferred O&R Management Participant, as applicable, are payable in accordance with the terms of the O&R Management Participant formula in Appendix F, Section F.3.
(f)A Transferred O&R Management Participant may elect an optional form of benefit as provided under Section 5.02 available to CECONY Participants for any benefits payable determined in accordance with Section C.2(a) and available to an O&R Participant for any benefits payable determined in accordance with Sections C.2(b) or C.2(c).
(g)A Transferred O&R Management Participant shall receive the cost of living adjustment applicable to CECONY Participants under Article XI of the Plan with respect to any benefits payable determined in accordance with Section C.2 (a) of this Appendix C, and the cost of living adjustment applicable to O&R Participants under Article XI of the Plan with respect to any benefits payable determined in accordance with Sections C.2(b) or C.2(c) of this Appendix C.








6


Exhibit  10.1.1





APPENDIX D


Provisions Applicable to Participants Employed at
Facilities Purchased from 
Western Massachusetts Electric Company 
D.1    Effective Date and Scope of Appendix D
This Appendix D shall be effective as of July 18, 1999, the closing date of the acquisition of the electric power generation facilities of Western Massachusetts Electric Company (“WMECO Facilities”) by Consolidated Edison Energy Massachusetts, Inc. (“CEEMI”).  CEEMI had been a wholly-owned subsidiary of Consolidated Edison Energy, Inc., which itself is an Affiliate of the Company.  CEEMI is now a wholly-owned subsidiary of Consolidated Edison Development, Inc., which is also an Affiliate of the Company.
D.2    WMECO Employees Hired on or after January 1, 2000
For purposes of this Appendix D, the term “WMECO Employee” means an Eligible Employee who is employed at the WMECO Facilities.  A WMECO Employee hired on or after January 1, 2000, shall be a CEI Participant, and shall receive the benefit determined under the formula for a CEI Participant set forth in Article IV of the Plan.
D.3    Benefit Provisions Applicable to WMECO Employees Prior to January 1, 2000
Notwithstanding any provision to the contrary, the benefits payable to a WMECO Employee who was employed at the WMECO Facilities prior to January 1, 2000 (“WMECO Participant”) shall be determined solely in accordance with the terms of this Appendix D.  The Pension Allowance payable from the Plan to a WMECO Participant shall be equal to the excess of (i) an amount determined in accordance with the provisions of the Northeast Utilities Service Company Retirement Plan, as in effect on July 18, 1999, (“NU Plan”) determined as if the WMECO Participant had remained a participant in the NU Plan until his or her termination of 


7


Exhibit  10.1.1



employment from an Employer, over (ii) the amount actually payable to such WMECO Participant from the NU Plan, determined by taking into account his or her termination from employment as of July 18, 1999 and as if he or she elected to commence receipt of his or her Pension Allowance on the same Annuity Starting Date as the date benefits commence under the NU Plan.   Each WMECO Participant shall be 100% vested in and have a non-forfeitable right to his or her Pension Allowance.
D.4    Termination of participation of WMECO Employees 
In May 2008, as a result of a corporate transaction that resulted in the spin off and sale of the Western Massachusetts Electric Company to an unrelated third party, each WMECO Participant’s participation in the Retirement Plan was terminated.  








































8


Exhibit  10.1.1





APPENDIX E
Determination of Amounts Payable from 401(h) Account
E.1    Amount Payable from 401(h) Account
Pursuant to Section 12.06, payment shall be made from the 401(h) Account to provide benefits under the Retiree Health Plan for eligible CECONY Management Participants, CECONY Transferred Participants, and CEI Participants employed by CECONY (“CECONY Management Retiree Health Participants”) and their covered dependents and for eligible CECONY Weekly Participants (“CECONY Weekly Retiree Health Participants”) and their covered dependents.  The CECONY Management Retiree Health Participants and the CECONY Weekly Retiree Health Participants shall be referred to hereinafter as the “CECONY Retiree Health Participants”.  In any Plan Year, the 401(h) Account will pay benefits for CECONY Management Retiree Health Participants if and only to the extent that the total amount payable for such benefits exceeds the sum of (i) the amount of contributions required from the CECONY Management Retiree Health Participants for such Plan Year, plus (ii) the product of $3,000 times the number of CECONY Management Retiree Health Participants determined as of the beginning of such Plan Year.  
In any Plan Year, the 401(h) Account will pay benefits for CECONY Weekly Retiree Health Participants, if and only to the extent that the total amount payable for such benefits exceeds the sum of (i) the amount of contributions required from the CECONY Weekly Retiree Health Participants for such Plan Year, plus (ii) the product of $4,000 times the number of CECONY Weekly Retiree Health Participants determined as of the beginning of such Plan Year.  
For the purpose of the foregoing sentences, the term “Retiree Health Participant” shall not mean a "key employee", within the meaning of Code Section 416(i).  The term “CECONY Retiree Health Participant” includes the spouse of such a CECONY Retiree Health Participant, provided that such spouse is eligible for benefits under the Retiree Health Plan, and the 


9


Exhibit  10.1.1



Surviving Spouse of such a CECONY Retiree Health Participant, provided that such Surviving Spouse is eligible for benefits under the Retiree Health Plan. 
Effective January1, 2007, retiree health benefits for CECONY Management Retiree Health Participants are first paid out of the VEBA Trust.  To the extent retiree benefits payable to CECONY Management Retiree Health Participants exceed the amount available for benefits from the VEBA Trust, covered retiree health benefits will be paid out of the 401(h) account.  Effective as of January 1, 2007, the 401(h) Account will pay benefits for CECONY Weekly Retiree Health Participants, if and only to the extent that the total amount payable for such benefits exceeds the sum of (i) the amount of contributions required from the CECONY Weekly Retiree Health Participants for such Plan Year, plus (ii) the product of $5,000 times the number of CECONY Weekly Retiree Health Participants determined as of the beginning of such Plan Year.
In accordance with Code Section 401(h), the Plan’s investments in the 401(h) account may not be used for, or diverted to, any purpose other than providing health benefits for retirees and their beneficiaries.
E.2    Time and Manner of Payment from 401(h) Account  
All payments made from the 401(h) Account to provide benefits under the Retiree Health Plan shall be made at the time and in the manner directed by the Plan Administrator.


















10


Exhibit  10.1.1



APPENDIX F
Normal Retirement Benefit Formulas For CECONY Weekly Participants, CECONY Management Participants and O&R Participants
F.1    Benefit Formula for CECONY Weekly Participants
		
	A.
	Normal Retirement Benefit for a CECONY Weekly Participant (member of Local 1-2 and member of Local 3) 


(a)    The annual normal retirement Pension Allowance payable upon retirement on or after Normal Retirement Date to a CECONY Weekly Participant whose employment with the Company or an Affiliate commenced on or after January 1, 1990 shall be equal to the sum of (i), (ii) and (iii):
(i)    1.5% of the Participant’s Final Average Pay multiplied by his or her Years of Accredited Service not in excess of 24;
(ii)    2.0% of such Final Average Pay multiplied by his or her Years of Accredited Service in excess of 24 but not in excess of 30;
(iii)    0.5% of such Final Average Pay multiplied by his or her Years of Accredited Service in excess of 30 years.
Solely for determining Years of Accredited Service in Sections F.1.A. (a) (i), (ii) and (iii), above, periods of less than 12 months shall be a prorated part of a Year of Accredited Service.
(b)    The annual normal retirement Pension Allowance payable upon retirement on or after Normal Retirement Date to a CECONY Weekly Participant who (i) terminated employment from CECONY during the month of June 1989;  (ii) was in the employ of CECONY at any time during the period from July 1, 1989 through December 31, 1989; or (iii) terminated employment from CECONY with a right to a vested Pension Allowance prior to July 1, 1989 and is re-employed and repays any Cash Out shall be equal to the greater of (i) or (ii):


11


Exhibit  10.1.1



(i)    the Pension Allowance determined under F.1.A.(a) above or;
(ii)    the Pension Allowance determined by computing 2.2% of Total Salary and increasing the result by 0.125% for each calendar month of Accredited Service in excess of 30 years.
(c)    There is a special benefit that applies only to each CECONY Weekly Employee who is a member of Local 1-2 (“Local 1-2 Participant”) and actively employed on and after July 1, 2008.  If the Local 1-2 Participant meets certain age and service requirements during a one-time designated time period (“Designated Period”), she or he will earn an additional one-time accrual (“Special Accrual”) during the Designated Period  The Special Accrual applies only to the Final Average Pay formula in F.1.A.(a) above and not to the Total Compensation or Total Pay Formula.  
(i)    Each actively employed Local 1-2 Participant who, at any time before or during the “Designated Period,” attained or attains age 55 and is credited with 30 years of Accredited Service (“Age and Service Requirement”) will earn an additional accrual (“Special Accrual”) for each month of Accredited Service earned during the Designated Period.  The Local 1-2 Participant begins accruing a Special Accrual beginning in the month in which she or he meets the Age and Service Requirement during the Designated Period.  
(ii)    The Designated Period begins on July 1, 2008, and permanently ends on June 30, 2012.  
(iii)    The Special Accrual is an additional pension accrual equal to 0.5% multiplied by his/her Accredited Service earned in the Designated Period multiplied by his or her Final Average Pay in the Designated Period.  
(iv)    The Special Accrual is added to the normal pension accruals under the Final Average Pay formula that the Local 1-2 Participant will receive during the 


12


Exhibit  10.1.1



Designated Period.  The Special Accrual is frozen at the end of the Designated Period.  This means that even if the Local 1-2 Participant remains actively employed following the end of the Designated Period and his or her Annual Compensation increases after the Designated Period and the increased Annual Compensation is used to calculate his or her final Pension Allowance, the Special Accrual does not increase.  The Special Accrual will not take into account his or her subsequent increase in Annual Compensation following the Designated Period.  
(v)    The Special Accrual applies only for Accredited Service in the Designated Period during which the Local 1-2 Participant meets the Age and Service Requirement.  The Special Accrual applies prospectively and there is no “past service adjustment.”  This means that a Local 1-2 Participant who had attained age 55 and had more than 30 years of Accredited Service on the first month of the Designated Period does not get past service credit for any years of Accredited Service over 30 years.  He or she is only entitled to the Special Accrual for his or her Accredited Service earned during the Designated Period.     
F.2    Benefit Formula for CECONY Management Participant
		
	A.
	Normal Retirement Benefit for CECONY Management Participant


(a)    The annual normal retirement Pension Allowance payable upon retirement on or after Normal Retirement Date to a CECONY Management Participant whose employment with CECONY commenced on or after January 1, 1990 and prior to January 1, 2001 or to any such CECONY Management Participant who was employed prior to January 1, 2001, and terminated with a vested Pension Allowance, is re-employed and repays, if applicable, his or her Cash Out shall be equal to the sum of (i), (ii), (iii), and (iv):


13


Exhibit  10.1.1



(i)    1.5% of the CECONY Management Participant’s Final Average Salary multiplied by his or her Years of Accredited Service not in excess of 24;
(ii)    2.0% of such Final Average Salary multiplied by his or her Years of Accredited Service in excess of 24 but not in excess of 30;
(iii)    0.35% of such Final Average Salary in excess of the Social Security Taxable Wage Base multiplied by his or her Years of Accredited Service not in excess of 30; and
(iv)    0.5% of such Final Average Salary multiplied by his or her Years of Accredited Service in excess of 30 years.
Solely for determining Years of Accredited Service in subsections (a) (i), (ii), (iii) and (iv), above periods of less than 12 months shall be a prorated part of a Year of Accredited Service.
(b)    The annual normal retirement Pension Allowance payable upon retirement on or after Normal Retirement Date to a CECONY Management Participant, whose employment with the Employer commenced prior to January 1, 1983 and who was on the Employer's active payroll during 1989, or who terminated employment with a right to a vested Pension Allowance prior to December 31, 1982 and was thereafter re-employed and repaid any Cash Out received shall be equal to the greater of (i) or (ii):
(i)    the Pension Allowance determined under F.2.A.(a) above;
(ii)    the benefit determined by computing 2.2% of Total Salary and increasing the result by 0.125% for each calendar month of Accredited Service in excess of 30 years.
(c)    There is a special benefit that applies only to each CECONY Management Participant who is actively employed on and after December 1, 2008.  If the CECONY Management Participant meets certain age and service requirements during a one-time designated time period (“Designated Period”), she or he will earn an additional one-time 


14


Exhibit  10.1.1



accrual (“Special Accrual”) during the Designated Period  The Special Accrual applies only to the Final Average Salary formula in F.2.A.(a) above and not to the Total Compensation formula.  
(i)    Each actively employed CECONY Management Participant who, at any time before or during the “Designated Period,” attained or attains age 55 and is credited with 30 years of Accredited Service (“Age and Service Requirement”) will earn an additional accrual (“Special Accrual”) for each month of Accredited Service earned during the Designated Period.  The CECONY Management Participant begins accruing a Special Accrual beginning in the month in which she or he meets the Age and Service Requirement during the Designated Period.  
(ii)    The Designated Period begins on January 1, 2009, and permanently ends on June 30, 2012.  
(iii)    The Special Accrual is an additional pension accrual equal to 0.5% multiplied by his/her Accredited Service earned in the Designated Period multiplied by his or her Final Average Salary in the Designated Period.  
(iv)    The Special Accrual is added to the normal pension accruals under the Final Average Salary formula that the CECONY Management Participant will receive during the Designated Period.  The Special Accrual is frozen at the end of the Designated Period.  This means that even if the CECONY Management Participant remains actively employed following the end of the Designated Period and his or her Annual Compensation increases after the Designated Period and the increased Annual Compensation is used to calculate his or her final Pension Allowance, the Special Accrual does not increase.  The Special Accrual will not take into account his or her subsequent increase in Annual Compensation following the Designated Period.  


15


Exhibit  10.1.1



(v)    The Special Accrual applies only for Accredited Service in the Designated Period during which the CECONY Management Participant meets the Age and Service Requirement.  The Special Accrual applies prospectively and there is no “past service adjustment.”  This means that a CECONY Management Participant who had attained age 55 and had more than 30 years of Accredited Service on the first month of the Designated Period does not get past service credit for any years of Accredited Service over 30 years.  He or she is only entitled to the Special Accrual for his or her Accredited Service earned during the Designated Period.     
F.3    Benefit Formula for O&R Participant
		
	A.
	Normal Retirement Benefit for O&R Participant  


The annual normal retirement Pension Allowance payable upon retirement on or after the Normal Retirement Date to an O&R Participant shall be as follows.
(a)    For an O&R Participant who retires on or after July 1, 1997 and on or before January 1, 2001:
(i)    Calculation of “future service”: 2% of O&R Participant’s Annual Compensation received during his or her Accredited Service for each Year of Accredited Service after December 31, 1992, provided that the amount shall be computed as if Accredited Service had continued and he or she had received Annual Compensation at the rate being paid to him or her immediately prior to retirement for an additional two (2) years after retirement, plus
(ii)    Calculation of “past service”: (x) 11⁄2% of O&R Participant’s Annual Compensation as of January 1, 1993, multiplied by (y) the number of Years of Accredited Service prior to January 1, 1993, but not less than
(iii)    the Pension Allowance accrued up to January 1, 1993.


16


Exhibit  10.1.1



(b)    For an O&R Participant who retires after January 1, 2001 and on or before January 1, 2003:
(i)    Calculation of “future service”: 2% of O&R Participant’s Annual Compensation received during his or her Accredited Service for each Year of Accredited Service after December 31, 1995, provided that the amount shall be computed as if Accredited Service had continued and he or she had received Annual Compensation at the rate being paid to him or her immediately prior to retirement for an additional two (2) years after retirement, plus
(ii)    Calculation of “past service”: (x) 11⁄2% of O&R Participant’s Annual Compensation as of January 1, 1996, multiplied by (y) the number of Years of Accredited Service prior to January 1, 1996, but not less than
(iii)    the Pension Allowance accrued up to January 1, 1996.
(c)    For an O&R Participant who retires after January 1, 2003 and on or before January 1, 2005:
(i)    Calculation of “future service”: 2% of O&R Participant’s Annual Compensation received during his or her Accredited Service for each Year of Accredited Service after December 31, 1997, provided that the amount shall be computed as if Accredited Service had continued and he or she had received Annual Compensation at the rate being paid to him or her immediately prior to retirement for an additional two (2) years after retirement, plus
(ii)    Calculation of “past service”: (x) 11⁄2% of O&R Participant’s Annual Compensation as of January 1, 1998, multiplied by (y) the number of Years of Accredited Service prior to January 1, 1998, but not less than
(iii)    the Pension Allowance accrued up to January 1, 1998.


17


Exhibit  10.1.1



(d)    For an O&R Participant who retires after January 1, 2005 and on or before January 1, 2008: 
(i)    Calculation of “future service”: 2% of O&R Participant’s Annual Compensation received during his or her Accredited Service for each Year of Accredited Service after December 31, 1999, provided that the amount shall be computed as if Accredited Service had continued and he or she had received Annual Compensation at the rate being paid to him or her immediately prior to retirement for an additional two (2) years after retirement, plus
(ii)    Calculation of “past service”: (x) 11⁄2% of O&R Participant’s Annual Compensation as of January 1, 2000, multiplied by (y) the number of Years of Accredited Service prior to January 1, 2000, but not less than
(iii)    the Pension Allowance accrued up to January 1, 2000.
(e)    For an O&R Participant who retires after January 1, 2008 and on or before January 1, 2011:
(i)    Calculation of “future service”: 2% of O&R Participant’s Annual Compensation received during his or her Accredited Service for each Year of Accredited Service after December 31, 2002, provided that the amount shall be computed as if Accredited Service had continued and he or she had received Annual Compensation at the rate being paid to him or her immediately prior to retirement for an additional two (2) years after retirement, plus
(ii)    Calculation of “past service”: (x) 11⁄2% of O&R Participant’s Annual Compensation as of January 1, 2003, multiplied by (y) the number of Years of Accredited Service prior to January 1, 2003, but not less than
(iii)    the Pension Allowance accrued up to January 1, 2003.


18


Exhibit  10.1.1



(f)    For an O&R Participant who retires on or after January 1, 2011 and, only for an O&R Hourly Participant who retires on or before January 1, 2014:
(i)    Calculation of “future service”: 2% of O&R Participant’s Annual Compensation received during his or her Accredited Service for each Year of Accredited Service after December 31, 2005, provided that the amount shall be computed as if Accredited Service had continued and he or she had received Annual Compensation at the rate being paid to him or her immediately prior to retirement for an additional two (2) years after retirement, plus
(ii)    Calculation of “past service”: (x) 11⁄2% of O&R Participant’s Annual Compensation as of January 1, 2006, multiplied by (y) the number of Years of Accredited Service prior to January 1, 2006, but not less than
(iii)    the Pension Allowance accrued up to January 1, 2006.
(g)    For an O&R Hourly Participant who retires on and after January 1, 2014:
(i)    Calculation of “future service”: 2% of O&R Hourly Participant’s Annual Compensation received during his or her Accredited Service for each Year of Accredited Service after December 31, 2008, provided that the amount shall be computed as if Accredited Service had continued and he or she had received Annual Compensation at the rate being paid to him or her immediately prior to retirement for an additional two (2) years after retirement, plus
(ii)    Calculation of “past service”: (x) 11⁄2% of O&R Hourly Participant’s Annual Compensation as of January 1, 2009, multiplied by (y) the number of Years of Accredited Service prior to January 1, 2009, but not less than
(iii)    the Pension Allowance accrued up to January 1, 2009.


19


Exhibit  10.1.1



(h)    Solely for purposes of calculating the “future service” benefit of an O&R Participant, Annual Compensation means his or her actual Compensation and does not mean his or her annual rate of compensation.
(i)    If greater than the Pension Allowance determined in (a) to (c) above, the Pension Allowance of the O&R Participant will be determined pursuant to Code Section 411 (c)(2)(B) based solely upon the Participant’s Accumulated Contributions.
(j)    The Pension Allowance of an employee of the former Orange and Rockland Electric Company who became an O&R Participant as of January 1, 1963 shall be the same as if he or she had been employed at all times by O&R and had become an O&R Participant when first eligible for participation.  There shall be deducted from his or her Pension Allowance amounts to which he or she is entitled under Annuity Contract No. 544 of The Equitable Life Assurance Society of the United States which is held by the Trustee in the Trust.
(k)    The Pension Allowance of an employee of the former Rockland Gas Co., who became an O&R Participant as of June 30, 1969 shall be the same as if he or she had been employed at all times by O&R and had become an O&R Participant when first eligible for participation, provided that there shall be paid to him or her and deducted from his or her Pension Allowance amounts to which he or she is entitled under Annuity Contract No. 820 of the Equitable Life Assurance Society of the United States which is held by the Trustee in the Trust.
































20


Exhibit  10.1.1



APPENDIX G
Special Pension Adjustment
G.1    Special Pension Adjustment
		
	A.
	Effective April 1, 2001, there will be an increase of $50 per month (“Special Pension Adjustment”) in the monthly Pension Allowance payments to those, other than the Participants and Surviving Spouses excluded by reason of paragraph B below, CECONY Management Participants, CECONY Weekly Participants, and the Surviving Spouses of CECONY Management Participants and CECONY Weekly Participants whose Monthly Pension Allowance payment only as of, and in, March 2001 is equal to or less than $1,000 a month.


		
	B.
	The Special Pension Allowance shall not be payable to a terminated vested CECONY Participant who is not a Rule of 75 Participant, a Surviving Spouse of a terminated vested CECONY Participant who is not a Rule of 75 Participant, an alternate payee, whether or not the alternate payee is in pay status, or to a non-spouse Beneficiary without regard to the fact that such person may otherwise satisfy the dollar amount.






























21


Exhibit  10.1.1



APPENDIX H
Provisions Applicable to CECONY Participants at 
Fossil-Fueled Divested Operations
H.1    Effective Date and Scope of Appendix H  
This Appendix H shall be effective as of January 1, 1999 and shall be applied to the determination of benefits payable to CECONY Participants at Divested Operations.  For the purpose of this Appendix H, the term “CECONY Participant at Divested Operations” shall mean a CECONY Participant who, as of the date of the divestiture (“Divestiture”), had been assigned to one of CECONY’s fossil fuel electricity generation facilities in New York City (“Divested Operations”), and who remained in the employ of the buyer, or successor thereto, of the Divested Operations (“Divestiture Buyer”) subsequent to CECONY’s Divestiture of such facilities in 1999.
H.2    Treatment of CECONY Participants at Divested Operations
(a)    Solely for purposes of determining whether a CECONY Participant at Divested Operations is entitled to apply the favorable actuarial discount factors and early retirement subsidiaries available to a Rule of 75 Participant, the Accredited Service of a CECONY Participant at Divested Operations shall be determined by adding to his or her Accredited Service credited prior to the Divestiture his or her “Post Divestiture Service.”  “Post Divestiture Service” means the period of employment with the Divestiture Buyer determined as if the Post Divestiture Service were employment with CECONY, including the application of Section 3.02 to the Post Divestiture Service.  No portion of any Post Divestiture Service shall be taken into account for benefit accrual or computation of the amount of such Employee’s benefit under the Plan.  Post Divestiture Service shall not be taken into account for any period after a Participant’s Annuity Starting Date.
(b)    A CECONY Participant at Divested Operations who had not earned a nonforfeitable right to one hundred percent (100%) of his or her accrued pension as of the day 


22


Exhibit  10.1.1



immediately prior to the Divestiture in accordance with the provisions of Section 4.05(a), shall nonetheless be fully and nonforfeitably vested in one hundred percent (100%) of his or her accrued pension, as of the date of the Divestiture.
(c)    For purposes of determining the value of a Participant’s Surviving Spouse’s benefits, the Accredited Service of a CECONY Participant at Divested Operations shall be determined in accordance with the provisions of Section H(2)(a).
(d)    For purposes of determining whether a CECONY Participant at Divested Operations has satisfied the conditions requisite for a Disability Pension Allowance under Section 4.06 of the Plan, the Accredited Service of a CECONY Participant at Divested Operations shall be determined by adding to his or her Accredited Service prior to the Divestiture of his or her Post Divestiture Service.






































23


Exhibit  10.1.1



APPENDIX I
Provisions Applicable to O&R Participants 
Under O&R’s Pension Protection Program
I.1    Definitions   The following words and phrases as used in this Appendix I shall have the meaning indicated below:
(a)    “Buyer” shall mean the entity which purchased the Electric Generating Assets, and any other entity which is aggregated with the Buyer under Code Sections 414(b), (c), (m), or (o).
(b)    A Production Employee’s termination by the Buyer, O&R, or an affiliated company shall be for “Cause” if (i):  he or she is convicted of a crime or engaged in an act of moral turpitude;  (ii) he or she breaches any of his or her obligations under any employment agreement governing his or her employment;  (iii) he or she is grossly negligent or engages in gross misconduct in the performance of his or her duties for the Buyer;  (iv) he or she repeatedly fails to follow written policies or guidelines that have been expressly approved by the Buyer;  (v) he or she is discharged as a result of poor or unsatisfactory performance for the Buyer; or  (vi) where applicable, he or she breaches any of  his or her fiduciary duties as an office or director of the Buyer.
(c)     “Divestiture Date” means the effective date of the sale of the Electric Generating Assets.
(d)    “Electric Generating Assets” means the electric generating assets of O&R allocated to O&R’s Electric Production Division.
(e)    “50/10 Employee” means a Production Employee who  (i) will have reached at least age 50 by the last day of the Plan Year in which the Divestiture Date occurs, and  (ii) would have had at least 10 years of Vesting Service by the last day of the Plan Year in which the Divestiture Date occurs if his or her employment had continued with O&R until such last day.  Notwithstanding the foregoing and except as otherwise provided in Section 3 (f) of this Appendix 


24


Exhibit  10.1.1



I, “Limitations of the Program and Special Rules”, a 50/10 Employee shall not include any Production Employee who declines an offer of employment from the Buyer for a position for which he or she had applied.
(f)    “40/20 Employee” means a Production Employee who  (i) will have reached at least age 40 by the last day of the Plan Year in which the Divestiture Date occurs, and  (ii) would have had at least 20 years of Vesting Service by the last day of the Plan Year in which the Divestiture Date occurs if his or her employment had continued with O&R until such last day.  Notwithstanding the foregoing and except as otherwise provided in Section 3.f. of this Appendix I, “Limitations of the Program and Special Rules,” a 40/20 Employee shall not include any Production Employee who declines an offer of employment from the Buyer for a position for which he or she had applied.
(g)     “Production Employee” shall mean an O&R Employee, other than an O&R Employee who is covered by a collective bargaining agreement (unless included under the terms of a voluntary termination program in which he or she elects to participate and which provides for participation in the Program), who (i) as of the Divestiture Date is an Employee of the Electric Production Division, and ceases to be employed by, and by action of, O&R, and its Affiliates as a result of the sale of the Electric Generating Assets;  (ii) as of the Divestiture Date is not an Employee of the Electric Production Division but provides support to such division, and ceases to be employed on or before December 31, 1999 by, and by action of, O&R and its Affiliates for reasons other than Cause as a result of the sale of the Electric Generating Assets; or  (iii) as of a date established under a voluntary termination program created by O&R in connection with the sale of the Electric Generating Assets, is not an Employee of the Electric Production Division but provides support to such division, and ceases to be employed by O&R and its Affiliates as a result of his or her election to terminate employment in connection with such voluntary termination program.


25


Exhibit  10.1.1



(h) “Program” shall mean the Pension Protection Program, as set forth in this Appendix I, and as amended (if at all) from time to time hereafter.  A series of charts to be used in the interpretation of the Program are also set forth in Appendix I.
(i) “Protection Period” shall mean the period which begins on the Divestiture Date and which ends on the fifth anniversary of such Divestiture Date.
I.2    Protections under the Program
(a)    50/10 Employees.  If a 50/10 Employee:  (i) declines to apply for employment with the Buyer;  (ii) applies for, but is not offered, employment with the Buyer (or declines a position which is described in Section 3.f. of this Appendix I or a position for which he or she did not apply);  (iii) is hired by the Buyer but is substantially involuntarily terminated prior to his or her Annuity Starting Date by the Buyer for reasons other than Cause within the Protection Period; or  (iv) is hired by the Buyer and remains employed with the Buyer until the end of the Protection Period and does not have an Annuity Starting Date before the end of the Protection Period, he or she shall have 5 years of Vesting Service and 5 years of age added under the Plan to his or her actual Vesting Service and age, respectively, determined as of the Divestiture Date, for purposes of determining his or her eligibility for an early retirement Pension Allowance and for calculating the pre-age 65 early retirement Pension Allowance reduction (if any) but not for purposes of calculating his or her accrued benefit.  Notwithstanding the foregoing, a 50/10 Employee described in the preceding sentence who is age 49 as of the Divestiture Date shall be deemed for the purpose of early retirement Pension Allowance eligibility to have retired at age 55, but, as provided in Section 3.6 of this Appendix 1, his or her Pension Allowance cannot commence prior to actual age 55.
A 50/10 Employee who is hired by the Buyer, but who prior to the end of the Protection Period either voluntarily commences receiving Plan benefits while employed by the Buyer or voluntarily terminates employment with the Buyer, shall have his or her eligibility for an early 


26


Exhibit  10.1.1



retirement Pension Allowance, and the calculation of the pre-age 65 early retirement Pension Allowance reduction (if applicable) but not the amount of his or her accrued benefit, determined by treating as Vesting Service his or her service with the Buyer from the Divestiture Date until the earlier of his or her Annuity Starting Date or his or her employment termination with the Buyer, and his or her age as of the earlier of such dates.  A 50/10 Employee who terminates employment prior to age 55 shall not be eligible for an early retirement Pension Allowance; provided, however, that a 50/10 Employee who voluntarily terminates employment with the Buyer in the calendar year of the Divestiture Date shall be deemed for purposes of early retirement Pension Allowance eligibility and for purposes of the 85-point determination to have terminated employment as of the earlier of his or her Annuity Starting Date or the last day of such calendar year.  His or her Pension Allowance cannot commence prior to actual age 55.
In the event that a 50/10 Employee receives a post-Divestiture Date grant of age and service in accordance with the preceding paragraphs of this Section, and elects to commence receipt of his or her benefits under the Plan prior to his or her Normal Retirement Date, the reduction for early commencement shall be computed based upon the greater of (i) his or her actual age at the Annuity Starting Date or (ii) his or her actual age at the Divestiture Date, as increased by the applicable grant of additional age under the Program, as set forth above.
(b)    40/20 Employees  A 40/20 Employee who declines to apply for employment with the Buyer, who applies for but is not offered employment by the Buyer (or declines a position which is described in Section 3.f. of this Appendix I or a position for which he or she did not apply), or who is involuntarily terminated by the Buyer for reasons other than Cause within the Protection Period (in each case, a "Covered 40/20 Employee"), and who elects to begin receiving benefits prior to his or her Normal Retirement Date will have the reduction for early commencement, but not his or her accrued benefit calculated using the early retirement Pension Allowance factors set forth in Section 4.04(c) based upon his or her age as of his or her Annuity 


27


Exhibit  10.1.1



Starting Date.  Notwithstanding the foregoing, a Covered 40/20 Employee shall have 5 years of Vesting Service and 5 years of age added under the Plan to his or her Vesting Service and age, respectively, determined as of the Divestiture Date, and to the extent that the sum of his or her age and Vesting Service as of the Divestiture Date, as so adjusted, totals at least 85, there shall be no reduction if the Annuity Starting Date precedes the Normal Retirement Date.  A 40/20 Employee who is hired by the Buyer and who either voluntarily terminates employment during the Protection Period or remains employed with the Buyer until the end of the Protection Period will not be a Covered 40/20 Employee, and will be eligible only for a vested Pension Allowance determined under Section 4.05(c) without regard to the Program.
(c)    Other Production Employees  Any Production Employee who is a Participant and has less than 5 years of Vesting Service as of the Divestiture Date, and who was not already 100% vested in accordance with the Change in Control provisions of the Prior Plan, shall be 100% vested under the Plan as of the Divestiture Date and shall be eligible to receive a vested Pension Allowance if they accrue any Accredited Service under the Plan.
I.3    Limitations of the Program and Special Rules
(a)    Production Employees’ benefits under the Plan which have accrued as of the Divestiture Date shall not increase thereafter as a result of the Program, nor does the Program affect the amount which is payable to Production Employees commencing at their Normal Retirement Date.
(b)    Notwithstanding the Program, no benefits can commence under the Plan to a Production Employee prior to his or her actual attainment of age 55.
(c)    The $600 per month supplement described in Section 4.04(c)(iv) shall be available to a Production Employee only if his or her Annuity Starting Date is within the Protection Period and such Production Employee: (i) is at least age 60 but less than age 62 as of his or her 


28


Exhibit  10.1.1



Annuity Starting Date; and (ii) in the event of a voluntary termination from the Buyer, is at least age 60 as of the date of such voluntary termination.
(d)    No Disability Pension Allowance shall commence to a Production Employee after the Divestiture Date.
(e)    Each 50/10 Employee and 40/20 Employee who has not had an Annuity Starting Date shall be eligible for a Spouse's Pension Allowance under Section 4.08.  Such eligibility for a Spouse's Allowance shall cease upon: (i) voluntary termination from the Buyer within the Protection Period prior to retirement eligibility (for this purpose, a 50/10 Employee who terminates employment with the Buyer in the calendar year of the Divestiture Date shall be treated as retirement eligible if he or she is at least age 55 and has at least 10 years of Vesting Service by the end of such calendar year); or (ii) the end of the Protection Period in the case of a 40/20 Employee who has not voluntarily terminated employment with the Buyer prior to that date.  A 50/10 Employee or 40/20 Employee who has not had an Annuity Starting Date but who ceases to be eligible for a Spouse's Allowance, and any Production Employee who is not a 50/10 Employee or 40/20 Employee and who has not had an Annuity Starting Date, shall be eligible for a vested O&R Participant Spouse's Allowance under Section 4.08.
(f)    For purposes of the Program, a Production Employee shall not be deemed to have been offered employment by the Buyer if he or she declines employment with the Buyer which would require (i) more than a 10% reduction in his or her total compensation (salary plus the target benefit under the Orange and Rockland Utilities, Inc. Annual Team Incentive Plan ("ATIP")) immediately prior to the Divestiture Date, or (ii) assignment to another geographic location which is more than 50 miles from his or her place of employment immediately prior to the Divestiture Date. Similarly, if a Production Employee accepts an offer of employment with the Buyer, he or she will be deemed to have an involuntary termination of employment during the Protection Period for a reason other than Cause if he or she terminates employment following (i) 


29


Exhibit  10.1.1



a reduction in pay to a level more than 10% below his or her total compensation (salary plus the target benefit under the O&R Annual Team Incentive Plan ("ATIP")) immediately prior to the Divestiture Date, or (ii) reassignment to another location which is more than 50 miles from his or her place of employment immediately prior to the Divestiture Date.
If the Program is included in a voluntary termination program offered by O&R in connection with the sale of the Electric Generating Assets, O&R may elect to provide (on a uniform basis with respect to all Participants to whom such program is offered) that a Participant who terminates employment under such program shall have (i) any grants of age and Vesting Service for early retirement reduction calculation purposes added to his or her actual age and Vesting Service as of a date specified in the voluntary termination program, which date is other than the Divestiture Date; and (ii) a five-year, Protection Period which begins on such specified date rather than on the Divestiture Date.


























30


Exhibit  10.1.1



APPENDIX I
ATTACHMENT  I
Summary of Pension Allowance to be Provided by
O&R to Employees Affected by the Southern Energy Divestiture
Production Employees will receive their vested accrued Pension Allowance from the Plan based on service and pay up to the Divestiture Date.  The Pension Allowance payable under the Plan will be subject to adjustment each year after benefit payments commence by the Pension Benefit Adjustment (PBA) described in Section 11.06 of the Plan.
Production Employees may elect to receive their pension benefits prior to the normal retirement age/date described in the Plan.  However, if they do elect to commence their Pension Allowance early, the Pension Allowance will be reduced and/or subsidized as described in the following tables.  The following tables summarize the provisions of Appendix I to the Plan; in the event of a conflict, the provisions of 




31



Exhibit  10.1.1





Attachment I.1   Union Employees Hired by Southern Energy


	
			
	(a)
	(b)

	Age and VS as of the Divestiture Date
	If employee elects to start O&R Pension Allowance at Divestiture Date
	If employee elects to start O&R Pension Allowance after Divestiture Date

	1. Age 65 (regardless of  VS)
	100% of AB
	100% of AB

	2. Age 62+ with 10+ VS
	100% AB
	AB reduced for age at commencement
   6%/Yr. Prior to 65

	3. Age 60-62 with 10+ VS
	100% of AB and $600 supplement to 62
	AB reduced for age at commencement
   6%/Yr. Prior to 65

	4. Age 55-59 with 10+ VS
	AB reduced for age at commencement:
  4%/Yr. Prior to 60
  no reduction  with 85 points
	AB reduced for age at commencement
   6%/Yr. Prior to 65

	 
	 
	 

	5. Under 55 with 10+ VS
	Not applicable
	AB reduced for age at commencement
   6%/Yr. Prior to 65.  Benefits cannot begin until age 55

	6. Any age with under 10 VS
	Not applicable
	AB vested regardless if Plan Participant on 8/20/98; any others will not be vested; first available for payment at age 65.






	
						
	Attachment I.2  Management Employees Hired by Southern Energy

	 
	a.
	b.
	c.
	d.
	e.

	 
	If employee delays commencement of O&R Benefits until sometime after Divestiture Date

	 
	 
	If employee terminates/ /retires from Southern Energy within 5 years of Divestiture Date
	If employee remains employed at Southern Energy more than 5 years after Divestiture Date

	Age and VS as of the Divestiture Date
	If employee hired by Southern elects to start O&R payments at Divestiture Date
	If Southern Energy involuntarily terminates employee
	If employee voluntarily terminates from Southern Energy
	If employee elects to start O&R pension within 5 years of divestiture
	If employee elects to start O&R pension more than 5 years after divestiture






32


Exhibit  10.1.1



	
						
	1. Age 50-54 with 10+ VS (Note: benefits cannot in any case begin until actual age 55)
	Not applicable 
	AB reduced by % below based on age/service as of the divestiture with 5 added to age/service:
- 0% if 85 points at commencement (counting points for 5 years after divestiture; i.e., if 75 points at divestiture), otherwise
- 4%/yr. For commencement prior to 60 (reduction based on greater of (i) actual age or (ii) sum of age at divestiture + 5).
	AB reduced by % below  based on age at commencement:
  - If termination from Southern before 55, 6%/yr. prior to 65
  - If termination from Southern after age 55
- 0% if 85 points at termination (counting points for actual service up to voluntary termination), otherwise
- 4%/yr. For pre-age 60 commencement.
	Same as column c, but counting of points stops at commencement.
	AB reduced by % below based on age/service as of the divestiture with 5 added to each:
  - 0% reduction if 85 points at end of 5-year period, otherwise
  - 4%/yr for commencement prior to 60


No $600/mo. Supplement.

	2. Age 40-49 with 20+ VS
	Not applicable
	AB available between the ages of 55 and 65 adjusted for age at commencement:
- 0% if 85 points at commencement (counting points for 5 years after divestiture; i.e., if 75 points at divestiture), otherwise
     - 4%/yr. for commencement    prior to 60.
	AB available between the ages of 55 and 65 adjusted for age at commencement:
-  6%/yr. for commencement prior to 65.
	Not applicable
	Same as column c

	3. Any age under 50 with 10-19 VS
	Not applicable
	AB available between the ages of 55 and 65 adjusted for age at commencement:
     -  6%/yr. prior to 65.
	Same as column b
	Not applicable
	Same as column b

	4. Any age with under 10 VS
	Not applicable
	AB vested at divestiture regardless of service and made available at age 65.
	Same as column b
	Not applicable
	Same as column b.










33


Exhibit  10.1.1



	
						
	 
	Management Employees Hired by Southern Energy
If employee delays commencement of O&R Benefits until sometime after Divestiture Date

	If employee terminates/ /retires from Southern Energy within 5 years of Divestiture Date
	If employee remains employed at Southern Energy more than 5 years after Divestiture Date

	Age and VS as of the Divestiture Date
	If employee hired by Southern elects to start O&R payments at Divestiture Date
	If Southern Energy involuntarily terminates employee
	If employee voluntarily terminates from Southern Energy
	If employee elects to start O&R pension within 5 years of divestiture
	If employee elects to start O&R pension more than 5 years after divestiture

	1. Age 65
	100% of AB
	

Same as column a
	

Same as column a
	

Same as column  a
	

Same as column a

	2. Age 62+ with 10+ VS
	100% of AB
	Same as column a
	Same as column a
	Same as column a
	Same as column a

	3. Age 60-62 with 10+ VS
	100% of AB and $600/mo. Supplement up to 62
	Same as column a
	Same as column a
	Same as column a
	100% of AB

	4. Age 55-59 with 10+ VS
	AB reduced for age at commencement:
-  0% if 85 points at divestiture, otherwise
-   4%/yr. prior to 60.
No pension protection coverage if involuntarily terminated later.
	Regardless of when benefit commences or points at divestiture:
 - 100% of AB, and
 - $600/mo. Supplement to 62 if benefit commences between 60 and 62 within the 5-year protection period.
	AB reduced for age at commencement:
-  0% if 85 points at termination (counting points for actual service up to termination), otherwise
- 4%/yr. For commencement prior to 60.
- $600/mo. Supplement to 60 if termination occurs after age 60, and if benefits commence at 60-62 within the 5-year protection period.
	Same as column c, but no age or service points after benefits commence, and $600/mo. Supplement to 62 if commencement occurs after age 60 but before age 62.
	100% of AB, but not eligible for $600/mo. Supplement.


































34


Exhibit  10.1.1



Attachment I.3  Addendum 1 
Chart for Management Employees Affected by Asset Sales
But Not Hired by Southern Energy and not Eligible to Participate in a Voluntary Severance Program


	
			
	A
	B

	Age and VS as of 
the Divestiture Date
	Employee Does Not Apply for Employment with Southern, or Applies but is Not Offered Employment

	1. Age 65
	

100% of AB


100% of AB


100% of AB and $600/mo. supplement up to 62.


Regardless of when benefit commences or points at divestiture:
 -  100% of AB, and
-   $600/mo. supplement to 62 if benefit commences between 60 and 62 within the 5-year protection period.
	

Same as column  a

	2. Age 62+ with 10+ VS
	

Same of column  a

	3. Age 60-62 with 10+ VS
	

Same as column a

	4. Age 55-59 with 10+ VS
	

AB reduced for age at commencement:
-  0% if 85 points at divestiture, otherwise
-  4%/yr prior to 60.

	5.  Age 50-54 with 10+ VS (Note: benefits cannot in any case begin until actual age 55)
	AB reduced based on age/service as of the divestiture with 5 added to each:
-   0% if 85 points at commencement (counting points for 5 years after divestiture; i.e., if 75 points at divestiture), otherwise
-   4%/yr. for commencement prior to 60 (reduction based on greater of (i) actual age or (ii) sum of age at divestiture + 5).
	AB available at age 55+65, but 6%/yr. reduction prior to 65.






35


Exhibit  10.1.1



	
			
	6.  Age 40-49 with 20+ VS
	AB available between the ages of 55 and 65 adjusted for age at commencement:
-   0% if 85 points at commencement (counting points for 5 years after divestiture; i.e., if 75 points at divestiture), otherwise
 -   4%/yr. For commencement prior to 60.
	AB available at age 55-65, but 6%/yr. reduction prior to 65.

	7.  Any age under 50 with 10-19 VS
	AB available between the ages of 55 and 65 adjusted for age at commencement:
-    6%/yr. prior to 65.
	Same as column a.

	8.  Any age with under 10 VS
	AB vested at divestiture regardless of service and made available at age 65.
	Same as column a.






		
	(a)
	No employee described in this Addendum I will be eligible for a disability benefit from the O&R Plan after the Divestiture Date.  


		
	(b)
	An employee who declines an offer of employment with Southern (except as otherwise provided in footnote 6) will be eligible for a vested Participant Spouse’s Allowance prior to the employee’s Annuity Starting Date, unless coverage is waived.  Employees who did not apply for employment with Southern and who are covered under the Pension Protection Program will be treated as actively employed and their spouses will be entitled to a pre-commencement Spouse’s Allowance for which there is no coverage charge; provided, however, that Spouse’s Allowance coverage will cease as of the end of the 5-year protection period in the case of 40/20 employees.






























36


Exhibit  10.1.1



Attachment I.4 Addendum II - Chart for Management and Union Employees
Eligible for a Voluntary Severance Program
Age and ES as of the Employee’s Termination Date
Employee Terminates Employment under Voluntary Severance Program
	
		
	1.  Age 65
	100% of AB

	2.  Age 62+ with 10+ VS
	100% of AB

	3.  Age 60-62 with 10+ VS
	100% of AB and $600/mo. Supplement up to 62.

	4.  Age 55-59 with 10+ VS
	Regardless of when benefit commences or points at termination:
  -   100% of AB, and 
  -   $600/mo. Supplement to 62 if benefit commences between 60 and 62 within the 5-year protection period which begins on the date of termination.

	5.  Age 50-54 with 10+ VS
(Note: benefits cannot in any case begin 
until actual age 55)
	AB reduced based on age/service as of the termination with 5 added to each:
  -   0% if 85 points at commencement (counting points for 5 years after termination; i.e., if 75 points at  termination), otherwise
  -   4%/yr. for commencement prior to 60 (reduction based on greater of (i) actual age or (ii) sum of age at termination + 5).

	6.  Age 40-49 with 20 + VS
	AB available between the ages of 55 and 65 adjusted for age at commencement:

	 
	 -   0% if 85 points at commencement (counting points for 5 years after termination; i.e., if 75 points at divestiture), otherwise
    -  4%/yr. for commencement prior to 60.

	7.  Any age under 50 with 10-19 VS
	AB available between the ages of 55 and 65 adjusted for age at commencement:
  -  6%/yr. prior to 65.

	8.  Any age with under 10 VS
	AB vested at termination regardless of service and made available at age 65.






		
	(a)
	No Employee described in this Addendum II will be eligible for a disability benefit from the O&R Plan after termination of employment.


		
	(b)
	50/10 and 40/20 Employees who terminate employment covered under the VSP will be treated as actively employed and their spouses will be entitled to a 


pre-commencement Spouse’s Allowance for which there is no coverage charge; provided, however, that Spouse’s Allowance coverage will cease as of the 
end of the 5-year protection period in the case of 40/20 employees.






37



Exhibit  10.1.1



Appendix J
Provisions Applicable to Affected Indian Point (“IP”) Employees


J.1    Effective Date and Scope of Appendix J  
This Appendix J shall not become effective unless and until the closing of the sale of CECONY’s nuclear-fueled electricity generating facilities at Indian Point  (“IP”) occurs.  This Appendix J shall be applied to the determination of benefits payable to a CECONY Management Participant or CECONY Weekly Participant who, as of the date of the closing of the sale of IP (“IP Divestiture”), had been assigned to IP, and who remains in the employ of the buyer, or successor thereto, of the IP (“Divestiture Buyer”) subsequent to IP Divestiture in 2001 (“Affected IP Employees”).


J.2    Treatment of Affected IP Employee
(a)Solely for purposes of determining whether an Affected IP Employee is entitled to apply the favorable actuarial discount factors and early retirement subsidies available to a Rule of 75 Participant, the Accredited Service of an Affected IP Employee shall be determined by adding to his or her Accredited Service credited prior to the IP Divestiture his or her “Post Divestiture Service.”  “Post Divestiture Service” means the period of employment with the Divestiture Buyer determined as if the Post Divestiture Service were employment with CECONY, including the application of Section 3.02 to the Post Divestiture Service, provided, however, that Post Divestiture Service shall not be taken into account for purposes of benefit accrual or computation of the amount of the Affected IP Employee’s benefit under the Plan.  Post Divestiture Service shall not be taken into account for any period after a Participant’s Annuity Starting Date.
(b)An Affected IP Employee who had not earned a nonforfeitable right to one hundred percent (100%) of his or her accrued Pension Allowance as of the day immediately prior to the IP Divestiture shall become fully and nonforfeitably vested in one hundred percent (100%) of his or her Pension Allowance as of the date of the IP Divestiture.


38


Exhibit  10.1.1



(c)For purposes of determining the value of an Affected IP Employee’s Surviving Spouse’s benefits, the Accredited Service of an Affected IP Employee shall be determined in accordance with the provisions of Appendix J, Section J.2(a).




























































































39


Exhibit  10.1.1



Appendix K
Provisions Applicable to CECONY Support Employee re
Voluntary Retirement Incentive--Support Organizations Program


K.1    Effective Date and Scope of Appendix K  
Effective July 1, 1999, and notwithstanding any other provision of the Plan, the provisions of this Appendix K shall be applicable and available to those “CECONY Support Employees,” as defined in Appendix K, Section K.2, who meet the eligibility criteria set forth in Section K.3.  The provisions of this Appendix K shall be applicable only during the limited period of time and on the other terms and conditions set forth in this Appendix K.
K.2    CECONY Support Employees  
The term "CECONY Support Employee" means an Eligible Employee who, as of June 1, 1999, was employed by CECONY in a department that provided support to the Divestiture Operations, as defined in Appendix H.  A list of those departments in which CECONY Support Employees were employed as of June 1, 1999 is set forth in Section K 8.
K.3    Eligibility Criteria  
A CECONY Support Employee satisfies the eligibility criteria for the Voluntary Retirement Incentive - Support Organizations Program, if, as of December 31, 1999, she or he or she attained age 53, and the sum of his or her age and Years of Accredited Service, as of August 31, 1999, but projected to December 31, 1999, is seventy-five (75) or more.  For the purpose of determining the sum of the CECONY Support Employee's age and Years of Accredited Service, projected to December 31, 1999, a CECONY Support Employee shall be deemed to have continued in employment with the CECONY until December 31, 1999.
K.4    Retirement under Voluntary Retirement Incentive - Support Organizations Program
A CECONY Support Employee who satisfies the eligibility criteria set forth in Section K.3 and who elects during the period from July 1, 1999 through August 16, 1999, on a form furnished by and filed with CECONY, to accept the retirement incentives described in Section 


40


Exhibit  10.1.1



K.5, shall retire with an effective date of September 1, 1999.  A CECONY Support Employee's election to retire shall be revocable until the close of business on the seventh day following the end of the election period, or August 23, 1999.  If the CECONY determines that deferral is warranted by business necessity or extraordinary circumstances, CECONY may require a CECONY Support Employee who has made an election in accordance with this Section to defer his or her effective date of retirement until no later than January 1, 2000.
K.5    Special Retirement Benefits under Voluntary Retirement Incentive - Support Organizations 
The retirement benefits payable to a CECONY Support Employee who elects to retire, pursuant to Section K.4, under the Voluntary Retirement Incentive - Support Organizations Programs, shall be determined as follows:
(a)    For purposes of determining the number of Years of Accredited Service, the CECONY Support Employee's termination from employment shall be deemed to occur on December 31, 1999.
(b)    The CECONY Support Employee's Final Average Salary or Pay shall be determined as if he or she had remained in employment until December 31, 1999 and his or her Annual Basic Straight Time Compensation had remained unchanged from the rate in effect at July 1, 1999.
(c)    For purposes of Appendix F.1.A(b), Section I(b), or Section F.2.A(b), the CECONY Support Employee's Total Salary shall be determined as if he or she had remained in employment until December 31, 1999 and his or her rate of pay had remained unchanged from the rate in effect on July 1, 1999.
(d)    For purposes of Section 4.04(b)(iv), the discount factor in Table A for all ages equal to or greater than age 55 shall be deemed to be 1.000.


41


Exhibit  10.1.1



(e)    In addition to the benefit determined in accordance with subsections (c) and (d) above, the CECONY Support Employee shall receive a special lump sum amount ("Special Lump Sum") which shall be equal to the sum of:
(i)    33% of his or her Final Average Salary or Pay, plus
(ii)    2% of his or her Final Average Salary or pay multiplied by his or her Years of Accredited Service, provided, however, that Years of Accredited Service in excess of 33 1⁄2 shall not be taken into account.
(f)    For purposes of determining the amount of the Special Lump Sum, a CECONY Support Employee's Years of Accredited Service shall be determined by deeming his or her date of termination of employment as December 31, 1999.  his or her Final Average Salary or Pay shall be determined by taking into account the provisions of Section K.5 subparagraph (b).  The Special Lump Sum shall be payable in accordance with the provisions of Section K.5, subparagraph (g).
(g)    The CECONY Support Employee may elect to receive the Special Lump Sum in the form of a single lump sum payment payable as soon as practicable after the CECONY Support Employee's effective date of retirement.  If the CECONY Support Employee is married, such election shall be given effect only if his or her spouse provides written consent thereto, on a form furnished by the Plan Administrator and witnessed by a Notary Public.  If the CECONY Support Employee does not make the election described in the foregoing sentence, then the Special Lump Sum shall be payable as an annuity in accordance with the provisions of Section K.5 subparagraph (h).
(h)    If the Special Lump Sum  is payable as an annuity, such annuity shall commence on the same date and be payable in the same form as the CECONY Support Employee's Pension Allowance determined in accordance with the applicable benefit formula, giving effect to any election by the CECONY Support Employee in accordance with Article 5.  The amount of 


42


Exhibit  10.1.1



such annuity shall be determined by first converting the Special Lump Sum into an annuity for the life of the CECONY Support Employee, on the basis of the Adjusted IRS Interest Rate and the IRS Mortality Table, and on the basis of the CECONY Support Employee's age as of January 1, 2000, and then by applying the adjustment factor, if any, applicable to the CECONY Support Employee's Pension Allowance, pursuant to any election made by the CECONY Support Employee in accordance the provisions of Article 5.
(i)    In the event that the actual retirement date of a CECONY Support Employee is deferred, pursuant to Section K.4, then upon his or her actual retirement, his or her retirement benefits shall be determined in accordance with subparagraphs (a) and (b), except that: (i) his or her period of Accredited Service from September 1, 1999 through his or her actual date of retirement shall be added to the Accredited Service otherwise determined in accordance with subparagraph (a); and (ii) subparagraphs (b) and (c) shall be applied by (A) substituting for "December 31, 1999" a date that is later than December 31, 1999 by the same number of months that the CECONY Support Employee's actual date of retirement is later than September 1, 1999, and (B) by substituting for "July 1, 1999" the earlier of October 1, 1999 or the day next preceding his or her actual date of retirement.
(j)    If a CECONY Support Employee whose retirement is deferred pursuant Section K. 4, dies prior to his or her actual date of retirement, any election made by such CECONY Support Employee in accordance with Article 5 shall be given effect in the same manner as if the first day of the month that includes his or her date of death had been his or her Annuity Starting Date, and the Special Lump Sum shall be payable in accordance with the election made by the Employee pursuant to subparagraph (g).  If the CECONY Support Employee had elected to receive the Special Lump Sum as a single lump sum payment, then such amount shall be paid to his or her Surviving Spouse, or, if there is no Surviving Spouse, to his or her Beneficiary, or, if there is no Beneficiary, to his or her beneficiary under the group term life insurance policy 


43


Exhibit  10.1.1



maintained by CECONY at the time of his or her death, on the first day of the month following his or her date of death.
(k)    For purposes of the Cost of Living Adjustment provisions and entitlements, Article 11, any CECONY Support Employee whose actual retirement date is deferred until January 1, 2000 and whose Pension Allowance commenced in January 2000 shall be deemed to have had his or her Pension Allowance commenced to be paid prior to December 31, 1999 and shall be entitled to the annual adjustment to be made in April 2000.


K.6    Treatment of Certain Employees Retiring after March 31, 1999 but prior to August 1, 1999
An Eligible Employee of CECONY, who would have been a CECONY Support Employee within the meaning of Section K.1 and who would have satisfied the eligibility criteria set forth in Section K.2, except that he or she retired from the employment of CECONY after March 31, 1999 and prior to August 1, 1999, shall nonetheless be entitled to the retirement incentives described in Section K.5.  For purposes of subparagraphs (b) and (c) of Section K.5, the date next preceding his or her actual date of retirement shall be substituted for "July 1, 1999", and provided, further, however, that any increase in his or her Allowance benefit resulting from the application of subparagraphs (a), (b), (c) or (d), of Section K.5 shall be payable effective September 1, 1999 and, for the purpose of subparagraph (h) of Section K.5, he or she shall be deemed to have commenced to receive his or her Pension Allowance as of September 1, 1999.
K.7    Voluntary Nature of Retirement Incentive; Acceptance and Release  
No Employee shall be obligated to accept any retirement incentive, and an Employee's election to accept the retirement incentive described in this Appendix K shall be purely voluntary.  As a condition to an Employee's receipt of the additional benefits described in this Appendix K, CECONY shall have the right to obtain from the Employee a waiver and or release of claims against CECONY and/or the Plan, based upon or arising out of termination of employment, 


44


Exhibit  10.1.1



consistent with the requirements of the federal Age Discrimination in Employment Act, as amended by the Older Workers Benefit Protection Act.
K.8    Support Departments for Purposes of Appendix K  
For purposes of this Appendix K, the following departments shall be deemed to have provided support to the Divestiture Operation: Central Services; Finance; Law; Central Public Affairs; Energy Management; and Fossil Power Engineering, Construction and Support.




45



Exhibit  10.1.1





Appendix L
TABLE  1 - O&R  PARTICIPANT 
ILLUSTRATIVE PENSION BENEFIT ADJUSTMENT CALCULATION ASSUMING
ANNUAL INFLATION EXCEEDS CAP IN LATER YEARS


                  Retirement Date                              1993
                  Monthly Pension Payment           $2,000


----Pension                   Benefit                    Adjustment----
	
												
	Year
	



CPI-U
(a)
	

Amount
Inflation
(b)
	

Cum.
Inflation
(c)
	

PUO
Threshold
(d)
	Excess over
Threshold
(e)
	75% of Cum. Excess Prior Yr.
(f)
	

Cum. 3% Cap
(g)
	Annual PUO Percent Increases
(h)
	

Cum. PBA
(i)
	PBA increase Effective
June 1
(j)
	Monthly Pension Payment (k)






(d-f)    (75% x  c)    (3% Term)    (j / k)    (Lesser f or g)    (dif. Col.k)    ($2,000 x i)


46


Exhibit  10.1.1



	
												
	1992
	140.3
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	1993
	144.5
	2.99%
	2.99 %
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1994
	149.6
	3.55%
	6.63%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1995
	155.6
	4.01%
	10.91%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1996
	161.2
	3.60%
	14.90%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1997
	168.0
	4.22%
	19.74%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1998
	172.5
	2.60%
	22.29%
	20%
	2.95%
	 
	1
	 
	 
	 
	$2,000.00

	1999
	178.5
	3.40%
	27.23%
	20%
	7.23%
	2.21%
	3.00%
	2.01%(A)
	2.01%
	40.20
	$2,040.20

	2000
	182.6
	2.30%
	30.15%
	20%
	10.15%
	5.42%
	6.09%
	2.61%
	5.42%
	60.20
	$2,100.40

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	2001
	189.0
	3.50%
	34.71%
	20%
	14.71%
	7.61%
	9.27%
	1.73%
	7.61%
	43.00
	$2,152.20

	2002
	195.0
	3.17%
	30.99%
	20%
	18.99%
	11.05%
	12.55%
	2.65%
	11.03%
	60.40
	$2,220.40

	2003
	210.0
	7.69%
	49.60%
	20%
	29.60%
	14.24%
	15.93%
	2.30%
	14.24%
	64.20
	$2,284.80

	2004
	225.0
	7.14%
	60.37%
	20%
	40.37%
	22.26%
	19.41%
	5.77%
	19.41%
	103.40
	$2,388.20

	2005
	205.5
	3.00%
	45.00%
	20%
	25.00%
	15.64%
	19.41%
	2.76%
	15.64%
	61.60
	$2,312.80

	2006
	209.7
	3.00%
	49.43%
	20%
	29.43%
	10.81%
	22.99%
	2.74%
	18.81%
	63.40
	$2,376.20

	2007
	215.9
	3.00%
	53.91%
	20%
	33.91%
	22.07%
	26.60%
	2.74%
	22.07%
	65.20
	$2,441.40

	2008
	222.4
	3.00%
	50.53%
	20%
	38.53%
	25.43%
	30.40%
	2.75%
	25.43%
	67.20
	$2,500.60

	2009
	229.1
	3.00%
	63.29%
	20%
	43.29%
	20.90%
	34.39%
	2.77%
	28.90%
	69.40
	$2,578.00

	2010
	236.0
	3.00%
	68.18%
	20%
	40.10%
	32.47%
	38.42%
	2.77%
	32.47%
	71.40
	$2,649.40

	2011
	243.0
	3.00%
	73.23%
	20%
	53.23%
	36.14%
	42.50%
	2.77%
	36.14%
	73.40
	$2,722.00

	2012
	250.3
	3.00%
	78.43%
	20%
	58.43%
	39.92%
	46.85%
	2.78%
	39.92%
	75.60
	$2,798.40

	2013
	257.8
	3.00%
	83.70%
	20%
	63.70%
	43.02%
	51.26%
	2.79%
	43.82%
	78.00%
	$2,876.40






Note:    All calculations performed with Cumulative information.  Annual information derived by subtraction.


















47


Exhibit  10.1.1



TABLE  2 -O&R  PARTICIPANT
ILLUSTRATIVE PENSION BENEFIT ADJUSTMENT CALCULATION ASSUMING
ANNUAL  INFLATION EXCEEDS CAP IN EARLY YEARS


                  Retirement Date                          1993
                  Monthly Pension Payment        $2,000


----Pension                   Benefit                    Adjustment----
	
												
	Year
	



CPI-U
(a)
	

Annual
Inflation
(b)
	

Cum.
Inflation
(c)
	

PUO
Threshold
(d)
	Excess over
Threshold
(e)
	75% of Cum. Excess Prior Yr.
(f)
	

Cum. 3% Cap
(g)
	Annual PBA Percent Increases
(h)
	

Cum. PBA
(i)
	PUA increase Effective
June 1
(j)
	Monthly Pension Payment (k)






(d-f)    (75% X c)    (3% Term)    (j / k)    (Lesser f or g)    (dif. Col.k)    ($2,000 x i)


48


Exhibit  10.1.1



	
												
	1992
	140.3
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	1993
	144.5
	2.99%
	2.99 %
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1994
	140.7
	2.91%
	5.99%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1995
	152.0
	2.22%
	8.34%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1996
	156.0
	2.43%
	11.19%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1997
	162.0
	3.05%
	15.47%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1998
	165.5
	2.16%
	17.96%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1999
	172.0
	3.93%
	22.59%
	20%
	2.59%
	 
	1
	 
	 
	 
	$2,000.00

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	2000
	185.0
	7.56%
	31.06%
	20%
	11.86%
	1.94%
	3.00%
	1.94%
	1.94%
	30.00
	$2,038.00

	2001
	190.0
	7.03%
	41.15%
	20%
	21.13%
	8.90%
	6.09%
	4.07%
	6.09%
	83.00
	$2,121.00

	2002
	210.0
	6.06%
	49.68%
	20%
	29.68%
	15.05%
	9.27%
	3.00%
	9.27%
	63.60
	$2,185.40

	2003
	223.0
	6.19%
	58.95%
	20%
	30.95%
	22.26%
	12.55%
	3.00%
	12.55%
	65.60
	$2,251.00

	2004
	239.0
	7.17%
	70.35%
	20%
	50.35%
	29.21%
	15.93%
	3.00%
	15.93%
	67.60
	$2,318.60

	2005
	253.0
	5.86%
	80.33%
	20%
	60.35%
	37.76%
	19.41%
	3.00%
	19.41%
	69.60
	$2,500.20

	2006
	264.0
	4.35%
	88.17%
	20%
	60.17%
	45.25%
	22.99%
	3.00%
	22.99%
	71.60
	$2,459.00

	2007
	271.0
	2.65%
	93.16%
	20%
	73.16%
	51.13%
	26.60%
	3.00%
	26.68%
	73.80
	$2,533.60

	2008
	279.0
	2.95%
	98.06%
	20%
	78.06%
	54.07%
	30.40%
	3.00%
	30.40%
	76.00
	$2,609.60

	2009
	288.0
	3.23%
	105.27%
	20%
	85.27%
	59.15%
	34.39%
	3.00%
	34.39%
	78.20
	$2,687.00

	2010
	297.0
	3.13%
	111.69%
	20%
	91.69%
	63.95%
	30.42%
	3.00%
	30.42%
	80.00
	$2,768.40

	2011
	305.0
	2.69%
	117.39%
	20%
	97.39%
	68.77%
	42.50%
	3.01%
	42.50%
	85.20
	$2,851.60

	2012
	315.0
	3.20%
	124.52%
	20%
	104.52%
	73.04%
	46.85%
	2.99%
	46.85%
	85.40
	$2,937.00

	2013
	325.0
	3.17%
	131.65%
	20%
	111.65%
	78.39%
	51.26%
	3.00%
	51.26%
	80.70%
	$3,025.20






Note:    All calculations performed with Cumulative information.    Annual information derived by subtraction.




















49


Exhibit  10.1.1



TABLE  3 - O&R  PARTICIPANT
ILLUSTRATIVE PENSION BENEFIT ADJUSTMENT CALCULATION ASSUMING
ANNUAL INFLATION EXCEEDS CAP IN EARLY YEARS


                 Retirement Date                          1993
                 Monthly Pension Payment        $2,000


----Pension                   Benefit                    Adjustment----
	
												
	Year
	



CPI-U
(a)
	

Annual
Inflation
(b)
	

Cum.
Inflation
(c)
	

PUO
Threshold
(d)
	Excess over
Threshold
(e)
	75% of Cum. Excess Prior Yr.
(f)
	

Cum. 3% Cap
(g)
	Annual PBA Percent Increases
(h)
	

Cum. PBA
(i)
	PUA increase Effective
June 1
(j)
	Monthly Pension Payment (k)






(d-f)    (75% X c)    (3% Term)    (j / k)    (Lesser f or g)    (dif. Col.k)    ($2,000 x i)


50


Exhibit  10.1.1



	
												
	1992
	140.3
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	1993
	144.5
	2.99%
	2.99 %
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1994
	149.6
	3.53%
	6.63%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1995
	155.6
	4.01%
	10.91%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1996
	161.2
	3.60%
	14.90%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1997
	160.0
	4.22%
	19.74%
	20%
	 
	 
	 
	 
	 
	 
	$2,000.00

	1998
	172.5
	2.68%
	22.95%
	20%
	7.95%
	 
	1
	 
	 
	 
	$2,000.00

	1999
	178.5
	3.40%
	27.23%
	20%
	7.23%
	2.21%
	3.00%
	2.01%(A)
	2.01%
	40.20
	$2,040.20

	2000
	182.6
	2.30%
	30.15%
	20%
	10.15%
	5.42%
	6.09%
	2.61%
	5.42%
	60.20
	$2,100.40

	2001
	189.0
	3.50%
	34.71%
	20%
	14.71%
	7.61%
	9.27%
	1.75%
	7.61%
	43.00
	$2,152.20

	2002
	195.0
	3.17%
	38.99%
	20%
	18.99%
	11.03%
	12.55%
	2.65%
	11.03%
	60.40
	$2,220.40

	2003
	210.0
	7.69%
	49.68%
	20%
	29.60%
	14.24%
	15.93%
	2.30%
	14.24%
	64.20
	$2,284.80

	2004
	225.0
	7.14%
	60.37%
	20%
	40.37%
	22.26%
	19.41%
	5.77%
	19.41%
	103.40
	$2,388.20

	2005
	245.0
	8.89%
	74.63%
	20%
	54.63%
	30.28%
	22.99%
	5.36%
	22.99%
	71.60
	$2,459.80

	2006
	270.0
	10.20%
	92.44%
	20%
	72.44%
	40.97%
	26.68%
	6.67%
	26.68%
	73.00
	$2,533.60

	2007
	296.0
	9.63%
	110.98%
	20%
	90.98%
	54.35%
	30.40%
	7.65%
	30.40%
	76.00
	$2,609.60

	2008
	315.0
	6.42%
	124.52%
	20%
	104.52%
	60.24%
	34.59%
	7.22%
	34.39%
	78.20
	$2,687.80

	2009
	335.0
	6.55%
	130.77%
	20%
	118.77%
	78.39%
	38.42%
	4.01%
	38.42%
	80.60
	$2,768.40

	2010
	350.0
	6.87%
	155.17%
	20%
	135.17%
	89.08%
	42.50%
	4.76%
	42.50%
	83.70
	$2,851.60

	2011
	379.0
	5.87%
	170.14%
	20%
	150.14%
	101.37%
	46.05%
	5.15%
	46.05%
	85.40
	$2,937.00

	2012
	400.0
	5.54%
	185.10%
	20%
	165.10%
	112.61%
	51.26%
	4.40%
	51.26%
	88.20
	$3,025.20

	2013
	430.0
	7.50%
	206.49%
	20%
	186.49%
	123.83%
	55.80%
	4.16%
	55.00%
	90.80%
	$3,116.00










51



Exhibit  10.1.1



Appendix M
Provisions Applicable to Participants
Employed at the Lakewood Plant
M.1    Effective Date and Scope of Appendix M
This Appendix M shall be effective as of June 1, 2000, the closing date of the acquisition of the natural gas fueled electric generation facility known as the Lakewood Cogeneration Facility ("Lakewood Plant") by Consolidated Edison Development, Inc. ("CED").
M.2    Lakewood Participants
For purposes of this Appendix M, the term "Lakewood Participant" means an Eligible Employee who is employed at the Lakewood Plant.  A Lakewood Participant shall be a CEI Participant, and shall receive the benefit determined under the formula for a CEI Participant set forth in Article IV of the Plan.
M.3    Benefit Provisions Applicable to Lakewood Participants as of June 1, 2000
Notwithstanding any provision to the contrary, a Lakewood Participant who was employed at the Lakewood Plant as of June 1, 2000 shall be fully and nonforfeitably vested in 100% of his or her Pension Allowance (“Special Lakewood Participant”).  Years of service of a Special Lakewood Participant as a Participant in the Pension Plan for Employees of Consumers Power Company shall be counted as Years of Accredited Service for purposes of calculating his or her Pension Allowance under the formula for a CEI Participant.














































52


Exhibit  10.1.1



Appendix N
List Of The Annual Incentive Plans Of The Competitive Energy Businesses That Have Been Approved By The Plan Administrator
N.1    Annual Incentive Plans that will be deemed Annual Variable Pay Award Plans
Effective as of December 17, 2010, the Plan Administrator approved the following annual incentive plans.  Each will be deemed a plan under which an Annual Variable Pay Award is paid.  Any award paid from one of the following Participating Employer’s short-term incentive compensation plan must exceed 25% of the Participant’s rate of base annual salary or pay in effect as of January 1 of the Plan Year in which the award is paid.  
N.2    The Plans
	
	
	Con Edison Non-Regulated Subsidiaries Annual Incentive Plan

	Annual Executive Incentive Plan for Presidents of the Con Edison CEBs

	Con Edison Solutions and Con Edison Energy Commodity Team Incentive Compensation Plan

	Con Edison Solutions Sales Incentive Compensation Program for Energy Services 

	Con Edison Energy & Development Wholesale Supply Team Incentive Plan 

	Con Edison Development Team Incentive Compensation Plan

	Con Edison Solution Solar Sales Incentive Compensation Plan








53