The Con Edison Retirement Plan, as amended December 18, 2008



 Exhibit 10.1.5 
 THE 
 CONSOLIDATED EDISON 
 RETIREMENT PLAN 
 Part I 







 Subject to the Following Amendments and Clarifications: 
 •    Clarified on May 2, 2002; 
 •    Amended December 13, 2001; 
 •    Amended April
2003 In Accordance with 
 IRS Issuance of Favorable Determination Letter; 
 •    Amended August 2004 for 2004 Agreement Between 
 Local
Union 503 of the International Brotherhood of 
 Electrical Workers, AFL0-CIO and O&R; 
 •    Amended August 2004 for 0&R Management 
 Employees Changes Concurrent with O&R Hourly Employees; 
 •    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; 
 •    Amended July 2004 for Updated Factors for 0&R Optional Forms; 
 •    Amended and Restated November 2004 for Miscellaneous Changes; 
 •    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;








 •    Amended November 2008 In Accordance with the 
 September 23, 2008 IRS Favorable Determination Letter; 
 •    Amended December 2008 For Domestic Partner 
 Benefits, Accelerated Vesting for
Cash Balance 
 and 75% QJSA Option; 
 •    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; and 
 •    Amended December 2008 for a
Special Pension 
 Accrual for CECONY Management Employees. 
  
  
 Restated as of January 31, 2007 in Accordance with 
 Revenue Procedure 2005-66 and
Notice 2005-101. 
 The Restatement Reflects Changes Under EGTRRA, 
 With technical corrections made by the 
 Job Creation and Worker Assistance Act of 2002 (JCWAA), 

the Pension Funding Equity Act of 2004 (PFEA), and 
 the American Jobs Creation Act of 2004 (AJCA) 







 TABLE OF CONTENTS 
  


					
	 	  	 	  	Page
	 Introduction
	  	1
		
	 Article I Definitions
	  	6
	 1.01
	  	Accredited Service	  	6
	 1.02
	  	Accumulated Contributions	  	6
	 1.03
	  	Actuarial Equivalent	  	6
	 1.04
	  	Adjusted IRS Interest Rate	  	7
	 1.05
	  	Affiliate	  	8
	 1.06
	  	Annual Basic Straight-Time Compensation	  	8
	 1.07
	  	Annual Compensation	  	9
	 1.08
	  	Annual O&R Management Compensation	  	10
	 1.09
	  	Annual Rate of Compensation	  	11
	 1.10
	  	Annual Variable Pay Award	  	12
	 1.11
	  	Annuity Starting Date	  	12
	 1.12
	  	Approved Leave of Absence	  	12
	 1.13
	  	Beneficiary	  	12
	 1.14
	  	Board	  	12
	 1.15
	  	Break in Service	  	12
	 1.16
	  	Cash Balance Account	  	13
	 1.17
	  	A. Cash Balance Accrued Benefit	  	13
	 1.18
	  	Cash Balance Single Sum Payment	  	13
	 1.19
	  	Cash Out	  	13
	 1.20
	  	CECONY	  	13
	 1.21
	  	CECONY Local 3 Employee-1	  	13
	 1.22
	  	CECONY Management Participant	  	13
	 1.23
	  	CECONY Management Plan	  	14
	 1.24
	  	CECONY Participant	  	14
	 1.25
	  	CECONY Retiree Health Program	  	14
	 1.26
	  	CECONY Transferred Participant	  	14
	 1.27
	  	CECONY Weekly Employee	  	14
	 1.28
	  	CECONY Weekly Employee-1	  	14
	 1.29
	  	CECONY Weekly Participant	  	14
	 1.30
	  	CECONY Weekly Participant-1	  	15
	 1.31
	  	CECONY Weekly Plan	  	15
	 1.32
	  	CEI Participant	  	15
	 1.33
	  	CEI Affiliate or CEI Affiliates	  	15
	 1.34
	  	Code	  	15
	 1.35
	  	Code Section 415(c)(3) Compensation	  	15
	 1.36
	  	Company	  	17
	 1.37
	  	Consolidated RPA ’94 Lump Sum Conversion Factors	  	18
	 1.38
	  	Credited Service	  	18
	 1.39
	  	Disability	  	18
	 1.40
	  	Domestic Partner	  	18

  

 - i - 









					
	 1.41
	  	Effective Date	  	18
	 1.42
	  	Eligible Employee	  	18
	 1.43
	  	Employee	  	19
	 1.44
	  	Employer or Employers	  	19
	 1.45
	  	ERISA	  	19
	 1.46
	  	Final Average Pay	  	19
	 1.47
	  	Final Average Salary	  	20
	 1.48
	  	FMLA	  	21
	 1.49
	  	Highly Compensated Employee	  	21
	 1.50
	  	Hour of Service	  	21
	 1.51
	  	IRS Interest Rate	  	23
	 1.52
	  	IRS Mortality Table	  	23
	 1.53
	  	Layoff	  	23
	 1.54
	  	Leased Employee	  	23
	 1.55
	  	Limitation Year	  	24
	 1.56
	  	Local 1-2	  	24
	 1.57
	  	Local 3	  	24
	 1.58
	  	Local 503	  	24
	 1.59
	  	Named Fiduciary(ies)	  	24
	 1.60
	  	Non-Suspendible Month	  	24
	 1.61
	  	Normal Retirement Age	  	24
	 1.62
	  	Normal Retirement Date	  	25
	 1.63
	  	O&R	  	25
	 1.64
	  	O&R Early Retirement Date	  	25
	 1.65
	  	O&R Employee	  	25
	 1.66
	  	O&R Hourly Employee	  	25
	 1.67
	  	O&R Hourly Employee-1	  	25
	 1.68
	  	O&R Management Employee	  	25
	 1.69
	  	O&R Participant	  	25
	 1.70
	  	O&R Plan	  	25
	 1.71
	  	Parental Leave	  	25
	 1.72
	  	Participant	  	26
	 1.73
	  	Pension Allowance	  	26
	 1.74
	  	Plan	  	26
	 1.75
	  	Plan Administrator	  	26
	 1.76
	  	Plan Year	  	26
	 1.77
	  	Pre-Tax Contribution	  	26
	 1.78
	  	Prior Plan or Prior Plans	  	26
	 1.79
	  	Rule of 75 Participant	  	26
	 1.80
	  	Rule of 85 Participant	  	27
	 1.81
	  	Social Security Retirement Age	  	27
	 1.82
	  	Social Security Taxable Wage Base	  	27
	 1.83
	  	Spousal Consent	  	27
	 1.84
	  	Stability Period	  	28

  

 - ii - 









					
	 1.85
	  	Surviving Domestic Partner	  	28
	 1.86
	  	Surviving Spouse	  	28
	 1.87
	  	Total Salary	  	28
	 1.88
	  	Trustee	  	29
	 1.89
	  	Transferred O&R Management Participant	  	29
	 1.90
	  	Vesting Service	  	29
	 1.91
	  	Year of Accredited Service	  	29
	 Article II Participation
	  	30
	 2.01
	  	Participation Requirements	  	30
	 2.02
	  	Events Affecting Participation	  	30
	 2.03
	  	Participation Upon Reemployment	  	31
	 Article III Service
	  	32
	 3.01
	  	Vesting Service	  	32
	 3.02
	  	Accredited Service	  	35
	 3.03
	  	Re-employment of Participant- Suspension of Benefits and Break in Service Rules	  	37
	 Article IV Eligibility for and Amount of Benefits
	  	42
	 4.01
	  	Normal Retirement	  	42
	 4.02
	  	Normal Retirement Pension Allowance	  	42
	 4.03
	  	Late Retirement	  	46
	 4.04
	  	Early Retirement	  	48
	 4.05
	  	Vested Terminations Before Attaining Early Retirement	  	52
	 4.06
	  	Disability Pension Allowance – CECONY Participants	  	55
	 4.07
	  	Disability – O&R Participant and O&R Disability Pension Allowance	  	57
	 4.08
	  	Spouse’s Pension	  	59
	 4.09
	  	Maximum Benefit Limitation	  	66
	 4.10
	  	Transfers and Employment With an Affiliate	  	69
	 4.11
	  	Minimum Benefits	  	70
	 4.12
	  	Additional Provisions	  	70
	 Article V Automatic Form of Payment
	  	72
	 5.01
	  	Automatic Form of Payment	  	72
	 5.02
	  	Optional Forms of Payment	  	75
	 5.03
	  	Election of Options	  	87
	 5.04
	  	Commencement of Payments	  	90
	 5.05
	  	Distribution Limitation	  	90
	 5.06
	  	Direct Rollover of Certain Distributions	  	92
	 Article VI Contributions
	  	94
	 6.01
	  	Employers’ Contributions	  	94
	 6.02
	  	Return of Contributions	  	94
	 6.03
	  	Non-Contributory Nature	  	94
	 Article VII Administration of Plan
	  	95
	 7.01
	  	Named Fiduciaries	  	95
	 7.02
	  	Duties of Plan Administrator	  	96
	 7.03
	  	Meetings	  	98

  

 - iii - 









					
	 7.04
	  	Compensation and Bonding	  	98
	 7.05
	  	Establishment of Rules	  	99
	 7.06
	  	Prudent Conduct	  	99
	 7.07
	  	Actuary	  	99
	 7.08
	  	Maintenance of Accounts	  	99
	 7.09
	  	Service in More Than One Fiduciary Capacity	  	99
	 7.10
	  	Limitation of Liability	  	100
	 7.11
	  	Indemnification	  	100
	 7.12
	  	Appointment of Investment Manager	  	101
	 7.13
	  	Expenses of Administration	  	101
	 7.14
	  	Claims and Review Procedures	  	102
	 Article VIII Management of Funds
	  	105
	 8.01
	  	Trustee	  	105
	 8.02
	  	Exclusive Benefit Rule	  	105
	 Article IX General Provisions
	  	106
	 9.01
	  	Nonalienation	  	106
	 9.02
	  	Conditions of Employment Not Affected by Plan	  	107
	 9.03
	  	Facility of Payment	  	107
	 9.04
	  	Information	  	107
	 9.05
	  	Top-Heavy Provisions	  	108
	 9.06
	  	Construction	  	111
	 9.07
	  	Prevention of Escheat	  	112
	 Article X Amendment, Merger and Termination
	  	113
	 10.01
	  	Amendment of Plan	  	113
	 10.02
	  	Merger, Consolidation, or Transfer	  	113
	 10.03
	  	Additional Participating Companies	  	114
	 10.04
	  	Termination of Plan	  	114
	 10.05
	  	Limitation Concerning Highly-Compensated Employees and Highly-Compensated Former Employees	  	115
	 Article XI Cost-Of-Living Adjustments
	  	117
	 11.01
	  	Eligibility-CECONY Participants	  	117
	 11.02
	  	Annual Adjustment-CECONY Participants	  	117
	 11.03
	  	Percentage of Adjustment-CECONY Participants	  	117
	 11.04
	  	Limitation on Adjustments-CECONY Participants	  	118
	 11.05
	  	Index-CECONY Participants	  	118
	 11.06
	  	Eligibility and Adjustment-O&R Participants	  	118
	 11.07
	  	Eligible Spouse or Contingent Annuitant of O&R Participant	  	119
	 11.08
	  	Pension Benefit Adjustment Amount for Spouse or Contingent Annuitant of O&R Participant	  	120
	 11.09
	  	Pension Benefit Adjustment for Alternate Payee of an O&R Participant	  	120
	 Article XII 401(h) Account
	  	124
	 12.01
	  	Establishment	  	124
	 12.02
	  	Terms and Conditions	  	124

  

 - iv - 









					
	 12.03
	  	Contributions	  	124
	 12.04
	  	Use of Assets	  	125
	 12.05
	  	Modification, Amendment, and Termination	  	126
	 12.06
	  	Allocation of Responsibility for Payment	  	126
	 Article XIII Return of Contributions to an O&R Participant
	  	127
	 13.01
	  	Vested O&R Participant	  	127
	 13.02
	  	An O&R Participant Not Vested	  	127
	 13.03
	  	Death of O&R Participant	  	127
	 13.04
	  	Cessation of Pension Allowance	  	128
	 Article XIV Domestic Partner Benefits
	  	129
	 14.01
	  	Domestic Partner Benefits: In General	  	129
	 14.02
	  	Pre–Retirement Domestic Partner Survivor Annuity Coverage	  	129
	 14.03
	  	Post- retirement Domestic Partner Survivor Benefit Coverage	  	130
	 14.04
	  	Termination of Domestic Partnership	  	131

  

 - v - 








 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 Internal Revenue Service 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 

  

 - 1 - 








 
and Reemployment Rights Act of 1994, Pub. L. 103-353, the Taxpayer Relief Act of 1997, Pub. L. 105-34, the Internal Revenue Service 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 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. 
  

 - 2 - 








 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 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. 
  

 - 3 - 








 On January 30, 2007, in accordance with Revenue Procedure 2055-66, the Plan was submitted to the
Internal Revenue Service 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 Internal Revenue Service 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. 
  

 - 4 - 








 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. 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. 

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. 
  

 - 5 - 








 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. Effective January 1, 2001, wherever the term “Accredited Service” appears, “Accredited Service” also means “Credited Service” as that term
is applied to determine a benefit for an O&R Participant. For an O&R Participant, a Year of Credited Service is a Year of Vesting Service during the period of Plan participation. 
 1.02 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 2 1/2 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. 

 1.03 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. 
  

 - 6 - 








 1.04 Adjusted IRS Interest Rate means, 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 of prospective cost of living adjustments, pursuant to Section 11.02, 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 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: 
 (a) 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 are compiled.

 (b) 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%. 
 (c) 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. 
 (d) 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). 
  

 - 7 - 








 (e) 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. 
 (f) 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). 
 (g) 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. 
 1.05 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 Limitation, as provided in Section 4.09 of the Retirement Plan, the definitions in Code Sections 414(b) and (c) shall be modified
as provided in Code Section 415(h). 
 1.06 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, shall 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 
  

 - 8 - 








 (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. 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. 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. 
 1.07 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. 
  

 - 9 - 








 Commencing with the Plan Year beginning in 1994, Annual Compensation taken into account for any purpose
under the Retirement Plan, including the determination of Final Average Salary and Final Average Pay, shall not exceed $150,000. Beginning for Plan Years on and after December 31, 1997 up to and including Plan Year 1999, Annual Compensation
will not exceed $160,000 and $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 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. 
 1.08 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 Retirement 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 the plan of such benefits 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. 
  

 - 10 - 








 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. 
 1.09 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. 
  

 - 11 - 








 1.10 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. 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). 
 1.11 Annuity Starting Date 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. 
 1.12 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. 

1.13 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. 
 1.14 Board means the Board of Trustees of CECONY, as from time to time constituted, or its delegate. 
 1.15 Break in Service means a Plan Year in which an Employee completes 500 or fewer Hours of Service. 
  

 - 12 - 








 1.16 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. 
 1.17 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. 
 1.18 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, if greater, the present value of the Cash Balance Accrued Benefit. The present value calculation will use the IRS Interest Rate and will assume no mortality factor. 
 1.19 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. 
 1.20 CECONY means the Consolidated Edison Company of New York, Inc., and any successor by merger, purchase or
otherwise. 
 1.21 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.

 1.22 CECONY Management Participant means a participant who was in the CECONY Management Plan on or before December 31, 2000, 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, 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. 
  


 - 13 - 








 1.23 CECONY Management Plan means the Consolidated Edison Retirement Plan for Management Employees, as in effect
on December 31, 2000. 
 1.24 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. 
 1.25 CECONY Retiree Health Program means The Consolidated Edison Retiree Health Program as, from time to time, is in
effect. 
 1.26 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. 
 1.27 CECONY Weekly Employee means an Eligible Employee employed
by and on the weekly payroll of CECONY who is a member of Local 1-2, or a member of Local 3. In all cases other than those cases explicitly set forth otherwise, references to a “CECONY Weekly Employee” include a CECONY Weekly Employee-1
and a CECONY Local 3 Employee-1. 
 1.28 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. 
 1.29 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. 
  

 - 14 - 








 1.30 CECONY Weekly Participant-1 means a CECONY Weekly Employee-1 and a CECONY Local 3 Employee-1, who
participates in the Retirement Plan. 
 1.31 CECONY Weekly Plan means the Consolidated Edison Pension and Benefits Retirement Plan as in effect on
December 31, 2000. 
 1.32 CEI Participant means an Eligible Employee of CECONY or O&R, hired on or after January 1, 2001, who is
neither a CECONY Weekly Employee nor an O&R Hourly Employee nor an Affected IP Employee (as defined in Appendix J). CEI Participant also means an Eligible Employee of a CEI Affiliate, other than a CECONY Transferred Participant (without regard
to his or her hire date), for whom the CEI Affiliate has elected to extend 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. 
 1.33 CEI Affiliate or CEI Affiliates means
one, more than one, or all, as the context indicates, of Consolidated Edison Solutions, Inc. (“CES”); Consolidated Edison Energy, Inc. (“CEE”); Consolidated Edison Development, Inc. (“CED”) Consolidated Edison Energy
Massachusetts, Inc. (“CEEM”), and CED Operating Company, L.P. (“CEDOC”). 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. 
 1.34 Code means the Internal Revenue Code of 1986,
as amended from time to time. 
 1.35 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, to the extent that the amounts are includible in gross income.

  

 - 15 - 








 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 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.

  

 - 16 - 








 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 may include, if the plan so provides, amounts received by an Employee pursuant to a nonqualified unfunded deferred compensation plan in the year the amounts are actually received, but only to the
extent such amounts are includible in the Employee’s gross income. 
 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). 
 1.36 Company means Consolidated Edison, Inc. or any successor by merger, purchase or otherwise. 
  

 - 17 - 








 1.37 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. 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.

 1.38 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, in this Retirement Plan, Credited Service means Accredited Service. 
 1.39 Disability
means a total and permanent disability, which qualifies the Participant to receive Social Security disability benefits. 
 1.40 Domestic Partner means
the person who meets the criteria enumerated in Article XIV and is registered as the Domestic Partner of a Participant. 
 1.41 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 Retirement Plan.

 1.42 Eligible Employee means, in the case of CECONY and O&R, unless otherwise excluded, an Employee. In the case of each CEI Affiliate, an
Eligible Employee is a CECONY Transferred Participant and any other Employee to whom such CEI Affiliate has elected or elects, with the approval of CECONY, to extend participation in the Retirement Plan, as set forth in Appendix B. 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 

  

 - 18 - 








 
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 Internal Revenue Service 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. 
 1.43 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.

 1.44 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 consent of CECONY as provided in Section 10.03. 
 1.45 ERISA means the Employee Retirement Income Security Act of 1974, as amended from time to time. 
 1.46 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 (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. 
  

 - 19 - 








 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. 
 1.47 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)

  

 - 20 - 








 
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 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).

 1.48 FMLA means the Family and Medical Leave Act of 1993, as amended from time to time. 
 1.49 Highly Compensated Employee means any Employee, who, during the preceding Plan Year received Code Section 415(c)(3) Compensation in excess of $85,000
for year 2000 and $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. 
 1.50 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). 
  

 - 21 - 








 (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 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. 
  

 - 22 - 








 1.51 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. 
 1.52 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). 
 1.53 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. 
 1.54 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. 
  

 - 23 - 








 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....” 
 1.55 Limitation Year means the calendar year. 
 1.56 Local 1-2 means Local Union Nos. 1-2 of the Utility Workers Union of America, AFL-CIO. 
 1.57 Local 3 means Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO. 
 1.58
Local 503 means Local Union No. 503 of the International Brotherhood of Electrical Workers, AFL-CIO. 
 1.59 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. 
 1.60 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). 
 1.61 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, means his or her 65th birthday. 
  

 - 24 - 








 1.62 Normal Retirement Date means the first day of the calendar month immediately following an Employee’s
Normal Retirement Age. 
 1.63 O&R means Orange and Rockland Utilities, Inc. and its affiliates, Rockland Electric Company and Pike County Light
and Power Company. 
 1.64 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 Participant attains his or her 55th birthday and completes ten (10) years of Vesting Service. 
 1.65 O&R Employee
means an Employee employed by and on the active payroll of O&R. 
 1.66 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. 
 1.67 O&R Hourly Employee-1 means an O&R Hourly Employee who is hired on or after January 1, 2005. 
 1.68 O&R Management Employee means an O&R Employee on the management payroll of O&R as of December 31, 2000. 
 1.69
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. 
 1.70 O&R Plan means the Employees’ Retirement Plan of Orange and Rockland Utilities, Inc. as in
effect on December 31, 2000. 
 1.71 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. 
  

 - 25 - 








 1.72 Participant means a CECONY Participant, O&R Participant, and a CEI Participant. 
 1.73 Pension Allowance means a Participant’s accrued 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. 
 1.74
Plan means The Consolidated Edison Retirement Plan, as set forth in this document, and as amended from time to time. 
 1.75 Plan Administrator
means the person or persons designated by the Named Fiduciaries to administer and supervise the Retirement Plan as provided in Article 7. 
 1.76 Plan
Year means the calendar year. 
 1.77 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 Retirement plan,” as defined in Code
Section 132. 
 1.78 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. 
 1.79 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. 
  

 - 26 - 








 1.80 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. 
 1.81 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. 
 1.82 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. 
 1.83 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. 
  

 - 27 - 








 1.84 Stability Period means the calendar month in which occurs the Annuity Starting Date for the distribution.

 1.85 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.

 1.86 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. 
 1.87 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. 
  

 - 28 - 








 1.88 Trustee means the trustee or trustees by whom the funds of the Plan are held, as provided in Article 8.

 1.89 Transferred O&R Management Participant means an Employee described in Appendix C of the Retirement Plan. 
 1.90 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. 
 1.91 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, is an Eligible Employee and a Participant in the Retirement Plan.

  

 - 29 - 








 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.

 (b) An Eligible Employee, other than an O&R Hourly Employee, who is hired on or after December 31, 2000, becomes either a
CEI Participant, or in the case of a CECONY Weekly Employee, a CECONY Weekly Participant, as of the date he or she first completes an Hour of Service. 
 (c) An O&R Management Employee hired before January 1, 2001, and an O&R Hourly Employee 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. 

 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, 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. An
Employee’s benefit shall be determined in accordance with the provisions of the Plan in effect on the date he or she ceases to be an Eligible Employee. 
  

 - 30 - 








 2.03 Participation Upon Reemployment 
 If the participation of a CECONY Participant or a CEI Participant ends and he or she again becomes an Eligible Employee without incurring a Break in Service, 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. 
  

 - 31 - 








 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 “WMECO Participant,” as defined in Appendix D, who was employed at the WMECO Facilities on July 19, 1999 shall be 100% vested as of July 19, 1999;


  

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

  

	 	(iv)	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 

  

	 	(v)	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.


  

 - 32 - 








 (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 and any other Participant covered by the cash balance formula who have at least completed one Hour of Service 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 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. 

  

 - 33 - 








 (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. 

 (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. 

  

 - 34 - 









	 	(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. 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 or Pension Allowance. 
 (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. 
 (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 

  

 - 35 - 








 
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. 
  

 - 36 - 








 (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 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) 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, shall have the following apply: 
  

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

  

 - 37 - 









	 	(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)	If the Participant is employed by an Employer as an Eligible Employee, upon later retirement or termination, he or she shall 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 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. 

  

 - 38 - 









	 	(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. 

 (b) Re-employment Without
Break in Service 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. 
 (c)
Re-employment After Break in Service 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. 

  

 - 39 - 









	 	(2)	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)	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. 

 (d) Re-employment of
Non-vested Participant After Break in Service 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 her termination of service which is included in the Vesting Service, so restored, shall be
restored to him or her. 

  

 - 40 - 









	 	(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. 

 (e) 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. 
  

 - 41 - 








 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 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 commencing at Normal Retirement Date. The CEI
Participant’s Cash Balance Account as of any determination date is calculated in accordance with this Subsection (b). 

  

 - 42 - 









	 	(2)	Compensation Credits to Cash Balance Account 

  

	 	(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: 

  

							
	 Sum of Age and Years
 of Accredited
Service
 (each rounded to
 nearest
whole
 number) as of
 Allocation Date
	  	Percentage of Annual
Compensation in
Calendar Quarter	 	 	Excess Annual
Allocation –
Percentage of Annual
Com-pensation 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. 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 



  

 - 43 - 









	 	 
number of months of Accredited Service in the quarter plus the applicable 4%, 5%, 6% or 7% times any Variable Pay Award awarded during the quarter.
Additionally, 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



  

	 	(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) 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 [or]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 pro rata
interest credit based on the number of months in that quarter prior to the Annuity Starting Date. 

  

 - 44 - 









	 	(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)	For a CEI Participant who is entitled to a vested Pension Allowance, a death benefit equal to the Cash Balance Account will be payable to the CEI Participant’s
Beneficiary upon the CEI Participant’s death prior to the Annuity Starting Date. 

  

	 	(ii)	If the Beneficiary is the CEI Participant’s Surviving Spouse, his or her Surviving Spouse’s death benefit will be payable in a single life annuity for the life of
the Surviving Spouse, commencing as of the month following the month in which the death of the CEI Participant occurred. 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 of the CEI Participant, in lieu of the single life annuity described in
the foregoing sentence. In all cases, the Surviving Spouse may elect payment of her or his single life annuity or Cash Balance Account 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. 

  

 - 45 - 









	 	(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 to take the Cash Balance Account 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 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. 
  

 - 46 - 








 (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 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. 
  

 - 47 - 








 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 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 Early Retirement Cash Balance Accrued 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 — other than a CECONY Local 3 Employee – 1 — who has attained age 55 — or age 59 for a CECONY Local 3 Employee -1 — and has completed at least 30 years of Accredited


  

 - 48 - 








 
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 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. 
  

	 	(2)	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, — age 59 for a CECONY Local 3 Employee -1 — and completed 30 years of Accredited Service.


 (3) 75 Points Only 
 This Section applies to a CECONY Participant who has 75 Points but does not meet the age of 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 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. 
  

 - 49 - 








 (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 benefits 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 



  

 - 50 - 









	 	 
the O&R Participant’s Early Retirement Date, the Participant is a Rule of 85 Participant. The Early Retirement 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). 

  

 - 51 - 









	 	(4)	Supplemental Payment between Age 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. 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. 

 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. 
  

 - 52 - 








 (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, based on the consolidated RPA ‘94 Lump Sum Conversion Factors. 
 (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 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. 

  

 - 53 - 









	 	 (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 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. 

  

 - 54 - 








 (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. The vested Pension Allowance payable before Normal Retirement Date will equal her or his vested Cash Balance Accrued Benefit
as of the Annuity Starting Date reduced for early distribution using the IRS Interest Rate. 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
Account, 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 Account 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 Accrued 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. 
  

 - 55 - 








 (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 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 E, 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(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 vested Pension Allowance determined in accordance with Section 4.05(b). 
  

 - 56 - 








 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 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. 
  

 - 57 - 








 (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 

  

 - 58 - 








 
be entitled to have his or her original Disability Pension Allowance restored in whole or in part prior 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. 
 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 after terminating service with entitlement to a vested Pension Allowance but before his or her Annuity Starting Date; or


  

	 	(3)	terminates employment fully vested dies before his or her Annuity Starting Date, then a spouse’s Pension Allowance shall be payable to his or her Surviving Spouse for life.


  

 - 59 - 








 (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 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 



  

 - 60 - 









	 	 
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 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. 

  

 - 61 - 








 (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 per centum 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 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 



  

 - 62 - 









	 	 
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. 



  

 - 63 - 









	 	 
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 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 

  

 - 64 - 








 
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 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. 

  

 - 65 - 








 (d) CEI Participants A married CEI Participant cannot designate someone other than his or her Spouse to receive
this 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 Account. 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. 
 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
annual Pension Allowance 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. If a Pension Allowance begins after January 1, 2002 and
before the Participant’s 62nd birthday, the dollar limitation described in Code Section 415(b)(1)(A) shall be the actuarial equivalent of the maximum benefit payable at age 62. If the Pension Allowance begins after the Participant’s
Social Security Retirement Age, or, beginning on January 1, 2002, after the Participant attains age 65, such dollar limitation shall be the actuarial equivalent, based on an interest rate of 5% per annum in lieu of the interest rate
otherwise used in the determination of actuarial equivalent, to the maximum benefit payable at the Participant’s Social Security Retirement Age, or payable at age 65, as the case may be. If the Pension Allowance is payable neither as a life
annuity nor as a qualified joint and survivor annuity with the Participant’s spouse as contingent annuitant, the maximum dollar limitation shall be the actuarial equivalent of the maximum limitation otherwise applicable. Actuarial equivalent
for purposes of this Section 4.09 shall be determined in accordance with Code Section 415(b) and the regulations or rulings issued there under and using the IRS Mortality Table and an interest rate of 5%. The Actuarial Equivalent of a
Pension Allowance payable in the form of a lump sum shall be determined on the basis of the IRS Mortality Table and the IRS Interest Rate. As of January 1 of each calendar year on or after January 1, 1988, the dollar limitation as
determined by 

  

 - 66 - 








 
the Commissioner of Internal Revenue for that calendar year shall become effective as the maximum permissible dollar amount of benefits payable under the
Plan during that calendar year, including benefits payable to Participants who retired prior to that calendar year, in lieu of the otherwise previous maximum permissible amount. 
  

	 	(1)	Rules Beginning January 1, 2004. Effective for Plan Years beginning on or after January 1, 2004, Section 101(b)(4) of the Pension Funding Equity Act of 2004
(“PFEA ‘04”) amended Code Section 415(b)(2)(E)(ii) to provide that, for purposes of adjusting any Pension Allowance payable in a form that is subject to the minimum present value requirements of Code Section 417(e)(3), or
the rate specified in the Retirement Plan, except that in the case of plan years beginning in 2004 or 2005, 5.5% is used in lieu of the applicable interest rate. 

  

	 	(2)	Defined Benefit Dollar Limitation Effective for Plan Years beginning on and after January 1, 2002, the “Defined Benefit Dollar Limitation” is $160,000, as adjusted,
effective January 1 of each year, under Code section 415(d) in such manner as the Secretary shall prescribe, and payable in the form of a straight life annuity. A limitation as adjusted under Code section 415(d) will apply to limitation years
ending with or within the calendar year for which the adjustment applies. Effective for Plan Years beginning on and after January 1, 2002, the “Maximum Annual Pension Allowance” is the lesser of the Defined Benefit Dollar Limitation
or the defined benefit compensation limitation (both adjusted where required). 

  

	 	(3)	Reductions and Increases 

  

	 	(i)	 If the Participant has less than 10 years of participation in the Plan, the Defined Benefit Dollar Limitation shall be multiplied by a fraction, (i) the
numerator of which is the number of years (or part thereof) of participation in the Plan and (ii) the denominator of which is 10. In the case of a Participant who 



  

 - 67 - 









	 	 
has less than 10 Years of Service with the employer, the defined benefit compensation limitation shall be multiplied by a fraction, (i) the numerator of
which is the number of Years (or part thereof) of Service with the Employer and (ii) the denominator of which is 10. 


  

	 	(ii)	If a Participant’s Pension Allowance begins prior to age 62, the defined benefit dollar limitation applicable to the participant at such earlier age is an annual benefit
payable in the form of a straight life annuity beginning at the earlier age that is the actuarial equivalent of the defined benefit dollar limitation applicable to the participant at age 62 (adjusted, if required). The defined benefit dollar
limitation applicable at an age prior to age 62 is determined as the lesser of (i) the actuarial equivalent (at such age) of the defined benefit dollar limitation computed using the applicable interest rate and mortality table or (ii) the
actuarial equivalent (at such age) of the defined benefit dollar limitation computed using a 5-percent interest rate and the applicable mortality table. Any decrease in the defined benefit dollar limitation determined in accordance with this
paragraph (b) shall not reflect a mortality factor if benefits are not forfeited upon the death of the participant. If any benefits are forfeited upon death, the full mortality factor is taken into account. 

  

	 	(iii)	 If the benefit of a participant begins after the participant attains age 65, the defined benefit dollar limitation applicable to the participant at the later age is
the annual benefit payable in the form of a straight life annuity beginning at the later age that is actuarially equivalent to the defined benefit dollar limitation applicable to the participant at age 65 (adjusted as set forth above, if required).
The actuarial 



  

 - 68 - 









	 	 
equivalent of the defined benefit dollar limitation applicable at an age after age 65 is determined as (i) the lesser of the actuarial equivalent (at
such age) of the defined benefit dollar limitation computed using the applicable interest rate and mortality table (or other tabular factor) and (ii) the actuarial equivalent (at such age) of the defined benefit dollar limitation computed using
a 5-percent interest rate assumption and the applicable mortality table. For these purposes, mortality between age 65 and the age at which benefits commence shall be ignored. 


  

	 	(iv)	Benefit increases resulting from the increase in the limitations of section 415(b) of the Code shall be provided to all current and former Participants (with benefits limited by
section 415(b)) who have an Accrued Benefit immediately prior to the effective date of this section (other than an Accrued Benefit resulting from a benefit increase solely as a result of the increases in limitations under section 415(b)).


 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. 
  

 - 69 - 








 (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 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. 
 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.

  

 - 70 - 








 (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. 
  

 - 71 - 








 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 as provided in Section 5.02. The CEI Participant’s Cash Balance Account 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 as provided in
Section 5.02, the Pension Allowance shall be the Actuarial Equivalent of the Pension Allowance payable to an unmarried CEI Participant. His or her Pension Allowance shall be payable in an amount calculated as a single life annuity based on the
IRS Interest Rate and IRS Mortality Table. His or her Pension Allowance will be converted and payable as a qualified joint and 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.


  

 - 72 - 








 (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 as provided in Section 5.02. 

  

	 	(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 as provided in
Section 5.02, 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 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. The joint and 50% surviving spouse annuity is not
eligible for a pop-up option but is eligible for the level income option. 

  

	 	(3)	Small Pension Allowance In the event that a Pension Allowance has a present value of $5,000 or less, or beginning for distributions after March 28, 2005, $1,000, such
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. 

  

 - 73 - 








 (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 as provided in Section 5.02. 

  

	 	(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 $5,000 or less, or beginning for distributions after March 28, 2005, $1,000, 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 mortality table prescribed by the Secretary of the Treasury in accordance with Code Section 417(e)(3)(A)(ii)(I) in effect on the date of distribution and the interest rate will be the lesser of five percent (5%) or the annual
rate of interest on thirty-year Treasury securities determined in accordance with Code Section 417(e)(3)(A)(ii)(II) for the second full calendar month preceding the first day of the Plan Year which contains the distribution date.


  

 - 74 - 








 (d) Small Pension Allowance Special Rules for All Participants 
 The determination as to whether a lump sum payment is less than $5,000 or beginning for distributions after March 28, 2005, $1,000, and immediately
payable 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 $5,000 or after March 28, 2005, $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 Participant’s prior service is restored, he or she shall be deemed to have repaid such
amount together with interest as described in Section 3.03. 
 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, effective as of December 1, 1996, a 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. 

  

 - 75 - 









	 	(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 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. 

  

 - 76 - 









	 	(3)	Twelve Year Certain and Life Annuity — CECONY Weekly Participant-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. 

  

	 	(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). 

  

 - 77 - 









	 	(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 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. 

  

 - 78 - 









	 	(6)	Level Income Option 

  

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

  

	 	(i)	A Participant whose 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. 

  

	 	(ii)	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. 

  

 - 79 - 









	 	(iii)	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. 

  

	 	(iv)	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. 

  

	 	(v)	 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 



  

 - 80 - 









	 	 
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 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). 


  

	 	(2)	Subsection (i) and (ii) applies to a level income option distribution that begins on and after January 1, 2005. 

  

	 	(i)	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. 

  

 - 81 - 









	 	(ii)	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 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. 

  

 - 82 - 









	 	(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 Table, the IRS Interest Rate and the Participant’s age as of the month of determination. 

  

 - 83 - 









	 	(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. 

 (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 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 



  

 - 84 - 









	 	 
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 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. 

  

 - 85 - 









	 	(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. 

  

 - 86 - 








 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. 
 (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. 
  

 - 87 - 








 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. 
  

 - 88 - 








 (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 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 

  

 - 89 - 








 
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 terminates service with the Company or an Affiliate, (but not more than 60 days after the close of the Plan Year in which the latest of (i),
(ii) or (iii) occurs). 
 (b) Notwithstanding the preceding
paragraph, payment of any Participant’s Pension Allowance will begin not later than April 1 of the calendar year following the later of the calendar year in which he or she attains age 70 1/2 or terminates employment. In the case of an employee or 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 an Employee who is a 5% owner as defined in Code Section 416 with respect to the Plan Year ending in the calendar year in which the Employee attains age 70 1/2. 
 5.05 Distribution Limitation 
 Notwithstanding any other provision of this Article 5, 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. 
  


 - 90 - 








 In order to satisfy Code section 401(a)(9), distributions of the Participant’s entire interest must
be paid in the form of periodic annuity payments for the Employee’s life (or the joint lives of the Employee 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
only be changed 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. 
 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 amount of annuity payments for payment intervals ending on or after the employee’s required beginning date. 
  

 - 91 - 








 5.06 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 Article, 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) The following definitions apply to the terms used in this Section: 
  

	 	(1)	An “eligible rollover distribution” is 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: any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) 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; any distribution to the extent such distribution is required under Code Section 401(a)(9); 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); and any distribution where all otherwise eligible distributions are expected to
total less than $200; 

  

	 	(2)	An “eligible retirement plan” is an individual retirement account described in Code Section 408(a), an individual retirement annuity described in Code
Section 408(b), an annuity plan described in Code Section 403(a) or 403(b), a government plan described in Code Section 457, or a qualified trust described in Code Section 401(a), that accepts the distributee’s eligible
rollover distribution. However, in the case of an eligible rollover distribution to the Surviving Spouse, an eligible retirement plan is an individual retirement account or individual retirement annuity; 

  

 - 92 - 









	 	(3)	A “distributee” includes an Employee or former Employee. In addition, the Employee’s or former Employee’s Surviving Spouse and the Employee’s or
former Employee’s spouse or former spouse who is the alternate payee under a qualified domestic relations order, as defined in Code Section 414(p), are distributees with regard to the interest of the spouse or former spouse; and


  

	 	(4)	A “direct rollover” is a payment by the Retirement 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. 
  

 - 93 - 








 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 Internal Revenue Service, 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. 
  

 - 94 - 








 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. 
 (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 



  

 - 95 - 









	 	 
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 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; 

  

 - 96 - 









	 	(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 Internal Revenue Service, the Department of Labor and the Pension Benefit
Guaranty Corporation; 

  

	 	(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; 

  

 - 97 - 









	 	(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. 
  

 - 98 - 








 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 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.

  

 - 99 - 








 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. 
 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. 
  

 - 100 - 








 7.12 Appointment of Investment Manager 
 The Board of Trustees, in its sole discretion, determines the investment policy for the Retirement Plan. However, a Named Fiduciary 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 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. 
  

 - 101 - 








 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. 
  

 - 102 - 








 (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 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. 
  

 - 103 - 








 (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. 
  

 - 104 - 








 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. 
  

 - 105 - 








 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. 
  

 - 106 - 








 (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). 
 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. 
  

 - 107 - 








 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 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.; 

  

	 	(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 



  

 - 108 - 









	 	 
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 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 

  

 - 109 - 








 
Table and an interest rate of 5 1/2% 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 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. 

  

 - 110 - 









	 	(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. 
  

 - 111 - 








 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, 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. 
  

 - 112 - 








 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).

 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. 
  

 - 113 - 








 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 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 

  

 - 114 - 








 
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 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. 
  

 - 115 - 








 (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. 
  

 - 116 - 








 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. 
  

 - 117 - 








 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. 
 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 
  

 - 118 - 








 (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 be 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: 
 (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%. 
  

 - 119 - 








 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 

  

 - 120 - 









	 	(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 

  

 - 121 - 








 
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 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%. 

  

 - 122 - 









	 	(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. 
  

 -123 - 








 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). 
 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. 

  

 - 124 - 








 
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 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. 
  

 -125 - 








 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. 
  

 -126 - 








 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. 
  

 - 127 - 








 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. 
  

 -128 - 








 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. 
 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. 
  

 - 129 - 








 (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. 
  

 - 130 - 








 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 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. 
  

 - 131 - 








 THE 
 CONSOLIDATED 
 EDISON 
 RETIREMENT PLAN 
 Part II (a)







 Subject to the Following Amendments and Clarifications: 
 • Clarified on May 2, 2002; 
 • Amended December 13, 2001;

 • Amended April 2003 In Accordance with 
 IRS Issuance of Favorable Determination Letter; 
 • Amended August 2004 for 2004 Agreement Between

 Local Union 503 of the International Brotherhood of 
 Electrical Workers, AFL0-CIO and O&R; 
 • Amended August 2004 for 0&R Management 
 Employees Changes Concurrent with O&R Hourly Employees; 
 • 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; 
 • Amended July 2004 for Updated Factors for 0&R Optional
Forms; 
 • Amended and Restated November 2004 for 
 Miscellaneous Changes; 
 • 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; 







 • Amended November 2008 In Accordance with the 
 September 23, 2008 IRS Favorable Determination Letter; 
 • Amended December 2008 For Domestic Partner 
 Benefits, Accelerated Vesting for Cash Balance 

and 75% QJSA Option; 
 • 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; and 
 • Amended December 2008 for a Special Pension 
 Accrual for CECONY Management Employees. 
  
  
 Restated as of January 31,
2007 in Accordance with 
 Revenue Procedure 2005-66 and Notice 2005-101. 
 The Restatement Reflects Changes Under EGTRRA, 
 With technical corrections made by the

 Job Creation and Worker Assistance Act of 2002 (JCWAA), 
 the Pension Funding Equity Act of 2004 (PFEA), and 
 the American Jobs Creation Act of 2004 (AJCA) 








 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	  	
	Suappendix A -4	  		  	Actuarial Factors for Domestic Partner Benefits	  	
				
	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 to E-2
				
	Appendix F	  		  	Normal Retirement Benefit Formulas	  	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’s Pension Protection Program	  	I-1 to I-9
				
	Attachments to I	  		  	Summary of Pension Allowances to be Provided by O&R to Employees Affected By the Southern Energy Divestiture	  	I-10 to I-14









							
	Appendix J	  	-	  	Provisions Applicable to Affected Indian Point (IP) Employees	  	J-1 to J-2
				
	  	  	 	  	 Name of Appendix
	  	Page
				
	Appendix K	  	-	  	Provision Applicable to Voluntary Retirement Incentive – Support Organizations Program	  	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








 APPENDICES 
 APPENDIX A 
 Actuarial Factors 
 Sub appendix A –1 CECONY Participants 
 Subappendix 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
	  	 Table
	  	 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

  

 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	  	

 Sub appendix A –2 O&R Participants 
 Subappendix 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. 
 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

  

 2 








 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

 Sub appendix A –3 CEI Participants 
 Subappendix 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

 Sub appendix A –4 Domestic Partner Benefits 
 Subappendix 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. 
  

 3 








 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

	 1
	  		 	0.99875
	 2
	  		 	0.99750
	 3
	  		 	0.99625
	 4
	  		 	0.99500
	 5
	  		 	0.99375
	 6
	  		 	0.99250
	 7
	  		 	0.99125
	 8
	  		 	0.99000
	 9
	  		 	0.98875
	 10
	  		 	0.98750
	 11
	  		 	0.98625
	 12
	  	(59)	 	0.98500
	 13
	  		 	0.98375
	 14
	  		 	0.98250
	 15
	  		 	0.98125
	 16
	  		 	0.98000
	 17
	  		 	0.97875
	 18
	  		 	0.97750
	 19
	  		 	0.97625
	 20
	  		 	0.97500
	 21
	  		 	0.97375
	 22
	  		 	0.97250
	 23
	  		 	0.97125
	 24
	  	(58)	 	0.97000
	 25
	  		 	0.96875
	 26
	  		 	0.96750
	 27
	  		 	0.96625
	 28
	  		 	0.96500
	 29
	  		 	0.96375
	 30
	  		 	0.96250
	 31
	  		 	0.96125
	 32
	  		 	0.96000
	 33
	  		 	0.95875
	 34
	  		 	0.95750
	 35
	  		 	0.95625
	 36
	  	(57)	 	0.95500
	37	  		 	0.95375
	38	  		 	0.95250
	39	  		 	0.95125
	40	  		 	0.95000
	41	  		 	0.94875
	42	  		 	0.94750
	43	  		 	0.94625
	44	  		 	0.94500
	45	  		 	0.94375
	46	  		 	0.94250
	47	  		 	0.94125
	48	  	(56)	 	0.94000
	49	  		 	0.93875
	50	  		 	0.93750
	51	  		 	0.93625
	52	  		 	0.93500
	53	  		 	0.93375
	54	  		 	0.93250
	55	  		 	0.93125
	56	  		 	0.93000
	57	  		 	0.92875
	58	  		 	0.92750
	59	  		 	0.92625
	60	  	(55)	 	0.92500
	61	  		 	0.57700
	62	  		 	0.57400
	63	  		 	0.57100
	64	  		 	0.56800
	65	  		 	0.56500
	66	  		 	0.56200
	67	  		 	0.55900
	68	  		 	0.55600
	69	  		 	0.55300
	70	  		 	0.55000
	71	  		 	0.54700
	72	  	(54)	 	0.54400
	73	  		 	0.54100
	74	  		 	0.53800
	75	  		 	0.53500
	76	  		 	0.53200
	77	  		 	0.52900
	78	  		 	0.52600
	79	  		 	0.52300
	80	  		 	0.52000
	81	  		 	0.51700
	82	  		 	0.51400
	83	  		 	0.51100
	84	  	(53)	 	0.50800
	85	  		 	0.50500
	86	  		 	0.50200
	87	  		 	0.49900
	88	  		 	0.49600
	89	  		 	0.49300
	90	  		 	0.49000
	91	  		 	0.48700
	92	  		 	0.48400
	93	  		 	0.48100
	94	  		 	0.47800
	95	  		 	0.47500
	96	  	(52)	 	0.47200
	97	  		 	0.46900
	98	  		 	0.46600
	99	  		 	0.46300
	100	  		 	0.46000
	101	  		 	0.45700
	102	  		 	0.45400
	103	  		 	0.45100
	104	  		 	0.44800
	105	  		 	0.44500
	106	  		 	0.44200
	107	  		 	0.43900
	108	  	(51)	 	0.43600
	109	  		 	0.43400
	110	  		 	0.43200
	111	  		 	0.43000
	112	  		 	0.42800
	113	  		 	0.42600
	114	  		 	0.42400
	115	  		 	0.42200
	116	  		 	0.42000
	117	  		 	0.41800
	118	  		 	0.41600
	119	  		 	0.41400
	120	  	(50)	 	0.41200
	121	  		 	0.41000
	122	  		 	0.40800
	123	  		 	0.40600
	124	  		 	0.40400
	125	  		 	0.40200
	126	  		 	0.40000
	127	  		 	0.39800
	128	  		 	0.39600
	129	  		 	0.39400
	130	  		 	0.39200
	131	  		 	0.39000
	132	  	(49)	 	0.38800
	133	  		 	0.38600
	134	  		 	0.38400
	135	  		 	0.38200
	136	  		 	0.38000
	137	  		 	0.37800
	138	  		 	0.37600
	139	  		 	0.37400
	140	  		 	0.37200
	141	  		 	0.37000
	142	  		 	0.36800
	143	  		 	0.36600
	144	  	(48)	 	0.36400
	145	  		 	0.36200
	146	  		 	0.36000
	147	  		 	0.35800
	148	  		 	0.35600
	149	  		 	0.35400
	150	  		 	0.35200
	151	  		 	0.35000
	152	  		 	0.34800
	153	  		 	0.34600
	154	  		 	0.34400
	155	  		 	0.34200
	156	  	(47)	 	0.34000
	157	  		 	0.33800
	158	  		 	0.33600
	159	  		 	0.33400
	160	  		 	0.33200
	161	  		 	0.33000
	162	  		 	0.32800
	163	  		 	0.32600
	164	  		 	0.32400
	165	  		 	0.32200
	166	  		 	0.32000
	167	  		 	0.31800
	168	  	(46)	 	0.31600
	169	  		 	0.31400
	170	  		 	0.31200
	171	  		 	0.31000
	172	  		 	0.30800
	173	  		 	0.30600
	174	  		 	0.30400
	175	  		 	0.30200
	176	  		 	0.30000
	177	  		 	0.29800
	178	  		 	0.29600
	179	  		 	0.29400
	180	  	(45)	 	0.29200

 Exact ages shown in parenthesis 
  

 4 








 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

  

 5 








 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	  	34	  	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 
  

 6 








 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	  	34	  	35	  	 
	 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 
  

 7 








 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: * = 1.000 INTEREST - 7.5000% 
 PENSIONER’S MORTALITY - SPECIAL PENSIONER MORTALITY TABLE 
 BENEFICIARY’S MORTALITY - SPECIAL PENSIONER MORTALITY TABLE 
  

 8 








 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 
  

 9 








 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 
  

 10 








 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	  	 
	 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 
  

 11 








 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

	 	  	65	  	66	  	67	  	68	  	69	  	70	  	71	  	72	  	73	  	74	  	75	  	76	  	77	  	78	  	79	  	80	  	 
	 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 
  

 12 








 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

	 	  	65	  	66	  	67	  	68	  	69	  	70	  	71	  	72	  	73	  	74	  	75	  	76	  	77	  	78	  	79	  	80	  	 
	 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: * = 1.000 INTEREST - 7.5000% 
 PENSIONER’S MORTALITY - SPECIAL PENSIONER MORTALITY TABLE 
 BENEFICIARY’S MORTALITY - SPECIAL PENSIONER MORTALITY TABLE 
  

 13 








 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

	 	  	80	  	81	  	82	  	83	  	84	  	85	  	86	  	87	  	88	  	89	  	90	  	91	  	92	  	93	  	94	  	95	  	 
	 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 
  

 14 








 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

	 	  	80	  	81	  	82	  	83	  	84	  	85	  	86	  	87	  	88	  	89	  	90	  	91	  	92	  	93	  	94	  	95	  	 
	 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 
  

 15 








 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            
	0(65)	 	1.00000
	1	 	0.99358
	2	 	0.98717
	3	 	0.98075
	4	 	0.97433
	5	 	0.96792
	6	 	0.96150
	7	 	0.95508
	8	 	0.94867
	9	 	0.94225
	10	 	0.93583
	11	 	0.92942
	12(64)	 	0.92300
	13	 	0.91658
	14	 	0.91017
	15	 	0.90375
	16	 	0.89733
	17	 	0.89092
	18	 	0.88450
	19	 	0.87806
	20	 	0.87167
	21	 	0.86525
	22	 	0.85883
	23	 	0.85242
	24(63)	 	0.84600
	25	 	0.83958
	26	 	0.83317
	27	 	0.82675
	28	 	0.82033
	29	 	0.81392
	30	 	0.80750
	31	 	0.80108
	32	 	0.79467
	33	 	0.78825
	34	 	0.78183
	35	 	0.77542
	36(62)	 	0.76900
	37	 	0.76583
	38	 	0.76267
	39	 	0.75950
	40	 	0.75633
	41	 	0.75317
	42	 	0.75000
	43	 	0.74683
	44	 	0.74367
	45	 	0.74050
	46	 	0.73733
	47	 	0.73417
	48(61)	 	0.73100
	49	 	0.72775
	50	 	0.72450
	51	 	0.72125
	52	 	0.71800
	53	 	0.71475
	54	 	0.71150
	55	 	0.70825
	56	 	0.70500
	57	 	0.70175
	58	 	0.69850
	59	 	0.69525
	60(60)	 	0.69200
	61	 	0.68883
	62	 	0.68567
	63	 	0.68250
	64	 	0.67933
	65	 	0.67617
	66	 	0.67300
	67	 	0.66983
	68	 	0.66667
	69	 	0.66350
	70	 	0.66033
	71	 	0.65717
	72(59)	 	0.65400
	73	 	0.65075
	74	 	0.64750
	75	 	0.64425
	76	 	0.64100
	77	 	0.63775
	78	 	0.63450
	79	 	0.63125
	80	 	0.62800
	81	 	0.62475
	82	 	0.62150
	83	 	0.61825
	84(58)	 	0.61500
	85	 	0.61183
	86	 	0.60867
	87	 	0.60550
	88	 	0.60233
	89	 	0.59917
	90	 	0.59600
	91	 	0.59283
	92	 	0.58967
	93	 	0.58650
	94	 	0.58333
	95	 	0.58017
	96(57)	 	0.57700
	97	 	0.57300
	98	 	0.56900
	99	 	0.56500
	100	 	0.56100
	101	 	0.55700
	102	 	0.55300
	103	 	0.54900
	104	 	0.54500
	105	 	0.54100
	106	 	0.53700
	107	 	0.53300
	108(56)	 	0.52900
	109	 	0.52542
	110	 	0.52183
	111	 	0.51825
	112	 	0.51467
	113	 	0.51108
	114	 	0.50750
	115	 	0.50392
	116	 	0.50033
	117	 	0.49675
	118	 	0.49317
	119	 	0.48958
	120(55)	 	0.48600
	121	 	0.48349
	122	 	0.48097
	123	 	0.47846
	124	 	0.47594
	125	 	0.47343
	126	 	0.47091
	127	 	0.46840
	128	 	0.46589
	129	 	0.46337
	130	 	0.46086
	131	 	0.45834
	132(54)	 	0.45583
	133	 	0.45332
	134	 	0.45080
	135	 	0.44829
	136	 	0.44577
	137	 	0.44326
	138	 	0.44074
	139	 	0.43823
	140	 	0.43572
	141	 	0.43320
	142	 	0.43069
	143	 	0.42817
	144(53)	 	0.42566
	145	 	0.42315
	146	 	0.42063
	147	 	0.41812
	148	 	0.41561
	149	 	0.41309
	150	 	0.41058
	151	 	0.40807
	152	 	0.40555
	153	 	0.40304
	154	 	0.40053
	155	 	0.39801
	156(52)	 	0.39550
	157	 	0.39299
	158	 	0.39047
	159	 	0.38796
	160	 	0.38544
	161	 	0.38293
	162	 	0.38041
	163	 	0.37790
	164	 	0.37539
	165	 	0.37287
	166	 	0.37036
	167	 	0.36784
	168(51)	 	0.36533
	169	 	0.36365
	170	 	0.36198
	171	 	0.36030
	172	 	0.35863
	173	 	0.35695
	174	 	0.35528
	175	 	0.35360
	176	 	0.35192
	177	 	0.35025
	178	 	0.34857
	179	 	0.34690
	180(50)	 	0.34522
	181	 	0.34354
	182	 	0.34187
	183	 	0.34019
	184	 	0.33852
	185	 	0.33684
	186	 	0.33517
	187	 	0.33349
	188	 	0.33181
	189	 	0.33014
	190	 	0.32846
	191	 	0.32679
	192(49)	 	0.32511
	193	 	0.32343
	194	 	0.32176
	195	 	0.32008
	196	 	0 31841
	197	 	0.31673
	198	 	0.31506
	199	 	0.31338
	200	 	0.31170
	201	 	0.31003
	202	 	0.30835
	203	 	0.30668
	204(48)	 	0.30500
	205	 	0.30332
	206	 	0.30165
	207	 	0.29997
	208	 	0.29830
	209	 	0.29662
	210	 	0.29495
	211	 	0.29327
	212	 	0.29159
	213	 	0.28992
	214	 	0.28824
	215	 	0.28657
	216(47)	 	0.28489
	217	 	0.28321
	218	 	0.28154
	219	 	0.27986
	220	 	0.27819
	221	 	0.27651
	222	 	0.27484
	223	 	0.27316
	224	 	0.27148
	225	 	0.26981
	226	 	0.26813
	227	 	0.26646
	228(46)	 	0.26478
	229	 	0.26310
	230	 	0.26143
	231	 	0.25975
	232	 	0.25808
	233	 	0.25640
	234	 	0.25473
	235	 	0.25305
	236	 	0.25137
	237	 	0.24970
	238	 	0.24802
	239	 	0.24635
	240(45)	 	0.24467

 Exact Age in (            ) Effective Date:
January 1, 1990 
  

 16 








 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

  

 17 








 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

  

 18 








 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

  

 19 








 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

  

 20 








 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

  

 21 








 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

  

 22 








 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

  

 23 








 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

  

 24 








 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	 		 		 		 		 		 		 		 		 		 		 	

  

 25 








 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	 		 		 		 		 		 		 		 		 		 		 	

  

 26 








 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	 		 		 		 		 		 		 		 		 		 		 	

  

 27 








 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	 		 		 		 		 		 		 		 		 		 		 	

  

 28 








 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

  

 29 








 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

  

 30 








 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	 	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
	G	 	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
	E	 	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
		 	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
	O	 	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
	F	 	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
		 	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
	B	 	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
	E	 	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
	N	 	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
	F	 	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
	I	 	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
	C	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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

  

 31 








 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

  

 32 








 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 
  

																															
	 	 	 	 	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

  

 33 








 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 
  

																															
	 	 	 	 	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

  

 34 








 TABLE J 
 Conversion from Single Life to 
 100% Joint and Survivor Without Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	25	 	26	 	27	 	28	 	29	 	30	 	31	 	32	 	33	 	34	 	35	 	36	 	37	 	38	 	39	 	40	 	41
	A	 	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
	G	 	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
	E	 	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
		 	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
	O	 	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
	F	 	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
		 	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
	B	 	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
	E	 	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
	N	 	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
	F	 	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
	I	 	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
	C	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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

  

 35 








 TABLE J 
 Conversion from Single Life to 
 100% Joint and Survivor Without Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	25	 	26	 	27	 	28	 	29	 	30	 	31	 	32	 	33	 	34	 	35	 	36	 	37	 	38	 	39	 	40	 	41
	A	 	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
	G	 	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
	E	 	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
		 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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
		 	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
		 	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
		 	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

  

 36 








 TABLE J 
 Conversion from Single Life to 
 100% Joint and Survivor Without Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	42	 	43	 	44	 	45	 	46	 	47	 	48	 	49	 	50	 	51	 	52	 	53	 	54	 	55	 	56	 	57	 	58
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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

  

 37 








 TABLE J 
 Conversion from Single Life to 
 100% Joint and Survivor Without Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	  	 	 	42	 	43	 	44	 	45	 	46	 	47	 	48	 	49	 	50	 	51	 	52	 	53	 	54	 	55	 	56	 	57	 	58
	A	  	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
	G	  	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
	E	  	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
	O	  	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
	F	  	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
	B	  	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
	E	  	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
	N	  	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
	E	  	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
	F	  	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
	I	  	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
	C	  	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
	I	  	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
	A	  	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
	R	  	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
	Y	  	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

  

 38 








 TABLE J 
 Conversion from Single Life to 
 100% Joint and Survivor Without Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	  	 	 	59	 	60	 	61	 	62	 	63	 	64	 	65	 	66	 	67	 	68	 	69	 	70	 	71	 	72	 	73	 	74	 	75
	A	  	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
	G	  	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
	E	  	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
	O	  	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
	F	  	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
	B	  	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
	E	  	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
	N	  	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
	E	  	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
	F	  	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
	I	  	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
	C	  	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
	I	  	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
	A	  	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
	R	  	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
	Y	  	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

  

 39 








 TABLE J 
 Conversion from Single Life to 
 100% Joint and Survivor Without Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	59	 	60	 	61	 	62	 	63	 	64	 	65	 	66	 	67	 	68	 	69	 	70	 	71	 	72	 	73	 	74	 	75
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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

  

 40 








 TABLE K 
 Conversion from Single Life to 
 100% Joint and Survivor With Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	  	 	 	25	 	26	 	27	 	28	 	29	 	30	 	31	 	32	 	33	 	34	 	35	 	36	 	37	 	38	 	39	 	40	 	41
	A	  	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
	G	  	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
	E	  	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
	O	  	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
	F	  	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
	B	  	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
	E	  	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
	N	  	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
	E	  	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
	F	  	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
	I	  	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
	C	  	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
	I	  	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
	A	  	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
	R	  	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
	Y	  	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

  

 41 








 TABLE K 
 Conversion from Single Life to 
 100% Joint and Survivor With Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	25	 	26	 	27	 	28	 	29	 	30	 	31	 	32	 	33	 	34	 	35	 	36	 	37	 	38	 	39	 	40	 	41
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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

  

 42 








 TABLE K 
 Conversion from Single Life to 
 100% Joint and Survivor With Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	42	 	43	 	44	 	45	 	46	 	47	 	48	 	49	 	50	 	51	 	52	 	53	 	54	 	55	 	56	 	57	 	58
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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

  

 43 








 TABLE K 
 CECONY Weekly Participants –1 
 Conversion from Single Life to 
 100% Joint and Survivor With Pop-Up 
 Age of Pensioner 
  

																																					
	 	 	 	 	42	 	43	 	44	 	45	 	46	 	47	 	48	 	49	 	50	 	51	 	52	 	53	 	54	 	55	 	56	 	57	 	58
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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

  

 44 








 TABLE K 
 Conversion from Single Life to 
 100% Joint and Survivor With Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	59	 	60	 	61	 	62	 	63	 	64	 	65	 	66	 	67	 	68	 	69	 	70	 	71	 	72	 	73	 	74	 	75
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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

  

 45 








 TABLE K 
 Conversion from Single Life to 
 100% Joint and Survivor With Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	59	 	60	 	61	 	62	 	63	 	64	 	65	 	66	 	67	 	68	 	69	 	70	 	71	 	72	 	73	 	74	 	75
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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

  

 46 








 TABLE L 
 Conversion from Single Life to 
 50% Joint and Survivor Without Pop-Up 
 CECONY Weekly Participants –1 
 Age
of Pensioner 
  

																																					
	 	 	 	 	25	 	26	 	27	 	28	 	29	 	30	 	31	 	32	 	33	 	34	 	35	 	36	 	37	 	38	 	39	 	40	 	41
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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 
  

																																					
	 	 	 	 	25	 	26	 	27	 	28	 	29	 	30	 	31	 	32	 	33	 	34	 	35	 	36	 	37	 	38	 	39	 	40	 	41
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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 
  

																																					
	 	 	 	 	42	 	43	 	44	 	45	 	46	 	47	 	48	 	49	 	50	 	51	 	52	 	53	 	54	 	55	 	56	 	57	 	58
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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 
  

																																					
	 	 	 	 	42	 	43	 	44	 	45	 	46	 	47	 	48	 	49	 	50	 	51	 	52	 	53	 	54	 	55	 	56	 	57	 	58
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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 
  

																																					
	 	 	 	 	59	 	60	 	61	 	62	 	63	 	64	 	65	 	66	 	67	 	68	 	69	 	70	 	71	 	72	 	73	 	74	 	75
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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 
  

																																					
	 	 	 	 	59	 	60	 	61	 	62	 	63	 	64	 	65	 	66	 	67	 	68	 	69	 	70	 	71	 	72	 	73	 	74	 	75
	A	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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
	Difference in Contingent Annuitant’s Age	  	25 to
27	  	28
to 30	  	31
to 33	  	34
to 36	  	37
to 39	  	40
to 42	  	43
to 45
	 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. 








 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
	Difference in Contingent Annuitant’s Age	  	46 to
48	  	49 to
51	  	52 to
54	  	55 to
57	  	58 to
60	  	61 to
63	  	64 and
over
	 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. 








 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
	Difference in Contingent Annuitant’s Age	  	25 to
27	  	28
to 30	  	31
to 33	  	34
to 36	  	37
to 39	  	40
to 42	  	43
to 45
	 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. 








 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
	Difference in Contingent Annuitant’s Age	  	46 to
48	  	49 to
51	  	52 to
54	  	55 to
57	  	58 to
60	  	61 to
63	  	64 and
over
	 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. 








 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
	Difference in Contingent Annuitant’s Age	  	25 to
27	  	28
to 30	  	31
to 33	  	34
to 36	  	37
to 39	  	40
to 42	  	43
to 45
	 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. 








 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
	Difference in Contingent Annuitant’s Age	  	46 to
48	  	49 to
51	  	52 to
54	  	55 to
57	  	58 to
60	  	61 to
63	  	64 and
over
	 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. 








 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
	Difference in Contingent Annuitant’s Age	  	25 to
27	  	28
to 30	  	31
to 33	  	34
to 36	  	37
to 39	  	40
to 42	  	43
to 45
	 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. 








 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
	Difference in Contingent Annuitant’s Age	  	46 to
48	  	49 to
51	  	52 to
54	  	55 to
57	  	58 to
60	  	61 to
63	  	64 and
over
	 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. 








 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. 







 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.








 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








 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
	O	 	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
	F	 	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
		 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	O	 	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
	F	 	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
		 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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
		 	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








 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
	O	 	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
	F	 	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
		 	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
	B	 	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
	E	 	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
	N	 	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
	F	 	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
	I	 	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
	C	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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








 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
	O	 	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
	F	 	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
		 	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
	B	 	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
	E	 	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
	N	 	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
	F	 	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
	I	 	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
	C	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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








 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. 







 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. 







 Sub appendix A. 3 
 Table A 
 CEI Participants 
 12 Year Certain and Life Annuity 
  

			
	         Pensioner Age        
	  	                Factor                
	25	  	0.9987
	26	  	0.9986
	27	  	0.9985
	28	  	0.9984
	29	  	0.9984
	30	  	0.9982
	31	  	0.9980
	32	  	0.9979
	33	  	0.9977
	34	  	0.9976
	35	  	0.9973
	36	  	0.9970
	37	  	0.9968
	38	  	0.9965
	39	  	0.9960
	40	  	0.9956
	41	  	0.9951
	42	  	0.9946
	43	  	0.9939
	44	  	0.9932
	45	  	0.9923
	46	  	0.9915
	47	  	0.9905
	48	  	0.9895
	49	  	0.9884
	50	  	0.9872
	51	  	0.9860
	52	  	0.9846
	53	  	0.9831
	54	  	0.9813
	55	  	0.9794
	56	  	0.9770
	57	  	0.9746
	58	  	0.9716
	59	  	0.9683
	60	  	0.9644
	61	  	0.9599
	62	  	0.9549
	63	  	0.9493
	64	  	0.9428
	65	  	0.9357
	66	  	0.9276
	67	  	0.9185
	68	  	0.9085
	69	  	0.8975
	70	  	0.8854
	71	  	0.8722
	72	  	0.8578
	73	  	0.8420
	74	  	0.8249
	75	  	0.8068








 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
	A	 	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
	G	 	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
	E	 	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
		 	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
	O	 	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
	F	 	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
		 	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
	B	 	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
	E	 	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
	N	 	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
	F	 	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
	I	 	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
	C	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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








 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
	A	 	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
	G	 	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
	E	 	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
		 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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
		 	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
		 	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
		 	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
		 	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
		 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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 C 
 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 Sub appendix A. 3 
 Table D 
 50% 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 Sub appendix A. 3 
 Table D 
 50% 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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	 	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
	G	 	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
	E	 	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
	O	 	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
	F	 	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
	B	 	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
	E	 	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
	N	 	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
	E	 	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
	F	 	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
	I	 	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
	C	 	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
	I	 	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
	A	 	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
	R	 	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
	Y	 	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








 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. 








 APPENDICES 
 THE 
 CONSOLIDATED EDISON 
 RETIREMENT PLAN 
 Part II (b)
  

 i 








 Subject to the Following Amendments and Clarifications: 
 — Clarified on May 2, 2002; 
 — Amended December 13, 2001; 
 — Amended April 2003 In Accordance
with 
 IRS Issuance of Favorable Determination Letter; 
 — Amended August 2004 for 2004 Agreement Between Local 
 Union 503 of the
International Brotherhood of Electrical 
 Workers, AFL0-CIO and O&R; 
 — Amended August 2004 for 0&R Management Employees 
 Changes Concurrent with O&R Hourly 
 Employees; 
 — 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; 
 — Amended July
2004 for Updated Factors for 0&R Optional 
 Forms; 
 — Amended and Restated November 2004 for Miscellaneous 
 Changes;

 — 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; 
  

 ii 








 — Amended November 2008 In Accordance with the 
 September 23, 2008 IRS Favorable Determination Letter; 
 — Amended December 2008 For Domestic Partner Benefits, 
 Accelerated
Vesting for Cash Balance 
 and 75% QJSA Option; 
 — 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; and 
 — Amended December 2008 for a Special Pension Accrual 
 for CECONY Management Employees. 
  
  
 Restated as of January 31, 2007 in Accordance with 
 Revenue Procedure 2005-66 and
Notice 2005-101. 
 The Restatement Reflects Changes Under EGTRRA, 
 With technical corrections made by the 
 Job Creation and Worker Assistance Act of 2002 (JCWAA), 

the Pension Funding Equity Act of 2004 (PFEA), and 
 the American Jobs Creation Act of 2004 (AJCA) 
  

 iii 








 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	  	
			
	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 to E-2
			
	Appendix F	  	Normal Retirement Benefit Formulas	  	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’s Pension Protection Program	  	I-1 to I-9
			
	Attachments to I	  	Summary of Pension Allowances to be Provided by O&R to Employees Affected By the Southern Energy Divestiture	  	I-10 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 Organizations Program	  	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

  

 iv 








 APPENDIX B 
 Employers 
  

	B.1	List of Participating Employers 

 The following sets
forth (a) the Affiliates, other than CECONY, that are 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. 
  

							
	 Name of Company
	  	 Effective Date of
Participation
	  	 Eligible Employees
	  	 Effective Date of
Termination

				
	 Consolidated Edison Development, Inc.
	  	May 1, 1996	  	CECONY Transferred Participants	  	May 2008
				
		  	June 1, 2000	  	Lakewood Participants	  	<May 7, 2008
				
	 Consolidated Edison Solutions, Inc.
	  	May 1, 1997	  	CECONY Transferred Participants	  	
				
	 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	  	
				
		  	January 1, 2001	  	 O&R Management Participants,
 O&R Hourly
Participants,
 CEI Participants
	  	

  

 1 









							
				
	 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.	  	
				
	 Competitive Shared Services, Inc.
	  	January 1, 2004	  	Only CECONY Transferred Participants, Transferred O&R Management Participants and CEI Participants	  	

  

 2 








 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 

  

 3 








 
formula, his or her Accredited Service shall be determined by treating his or her employment with O&R as if it were 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. 
  

 4 








 (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. 
  

 5 








 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


  

 6 








 
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 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. 
  

 7 








 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. 
  

 8 








 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 Surviving Spouse of such a CECONY Retiree Health Participant, provided that such Surviving Spouse is eligible for benefits under the Retiree Health Plan. 
  

	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. 
  


 9 








 APPENDIX F 
 Normal Retirement Benefit Formulas 
 For CECONY Weekly Participants 
 For CECONY Management Participants and 
 For O&R Participants 
  

	F.1	Benefit Formula for CECONY Weekly Participants 

  

	 	A.	Normal Retirement Benefit for CECONY Weekly Participant. 

 (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): 
  

	 	(i)	the Pension Allowance determined under F.1.A.(a) above or; 

  

 10 









	 	(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) Special Accrual for Certain Local 1-2 Participants. This provision 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. 
  

	 	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 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 



  

 11 









	 	 
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): 
  

	 	(iii)	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; 

  

	 	(iv)	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; 

  

 12 









	 	(v)	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


  

	 	(vi)	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): 
  

	 	(vii)	the Pension Allowance determined under F.2.A.(a) above; 

  

	 	(viii)	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) Special Accrual for Certain CECONY Management Participants. This provision 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 accrual (“Special Accrual”) during the Designated Period The Special Accrual applies only to the Final Average Salary formula in F.2.A.(a) above. 
  

 13 









	 	vi	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. 

  

	 	vii	The Designated Period begins on January 1, 2009, and permanently ends on June 30, 2012. 

  

	 	viii	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. 

  

	 	ix	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. 

  

	 	x	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. 

  

 14 









	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: 
  

	 	(ix)	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 

  

	 	 (x)
	 Calculation of “past service”: (x) 1 1/2% 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 


  

	 	(xi)	the Pension Allowance accrued up to January 1, 1993. 

 (b) For an O&R Participant who retires after January 1, 2001 and on or before January 1, 2003: 
  

	 	(xii)	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 

  

 15 









	 	 (xiii)
	 Calculation of “past service”: (x) 1 1/2% 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 


  

	 	(xiv)	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) 1 1/2% 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. 

 (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 

  

 16 









	 	 (ii)
	 Calculation of “past service”: (x) 1 1/2% 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: 
  

	 	(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) 1 1/2% 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. 

 (f) 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. 
  

 17 








 (g) 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. 
 (h) 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. 
 (i) 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.

  

 18 








 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. 
  

 19 








 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.

  

 20 








 (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 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.

  

 21 








 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. 

  

 22 









	 	(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 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 



  

 23 









	 	 
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.



  

	 	(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 
  

	 	(j)	 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 



  

 24 









	 	 
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 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 

  

 25 








 
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. 
  

	 	(k)	 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 



  

 26 









	 	 
retirement Pension Allowance factors set forth in Section 4.04(c) based upon his or her age as of his or her Annuity 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. 


  

	 	(l)	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 
  

	 	(m)	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. 

  

 27 









	 	(n)	Notwithstanding the Program, no benefits can commence under the Plan to a Production Employee prior to his or her actual attainment of age 55. 

  

	 	(o)	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 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. 

  

	 	(p)	No Disability Pension Allowance shall commence to a Production Employee after the Divestiture Date. 

  

	 	(q)	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. 

  

 28 









	 	(r)	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) 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. 

  

	 	(s)	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. 

  

 29 








 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 Appendix I will control. 
  

 30 








 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.

  

 31 








 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

	 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.

  

 32 









											
	 	 	 	 	 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.

  

 33 








 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	  	Same as column a
			
	 2. Age 62+ with 10+ VS
	  	100% of AB	  	Same of column a
			
	 3. Age 60-62 with 10+ VS
	  	100% of AB and $600/mo. supplement up to 62.	  	Same as column a
			
	 4. Age 55-59 with 10+ VS
	  	 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 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.
			
	 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.


  

 34 








 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. 

  

 35 








 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. 
  

 36 








 (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. 
 (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). 
  

 37 








 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. 
  

 38 









	 	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 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. 
  

 39 








 (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. 
 (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). 
  

 40 








 (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
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. 
  

 41 








 (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 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. 
  

 42 









	 	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, consistent with the requirements of the federal Age Discrimination in Employment Act, as amended by the Older Workers Benefit Protection Act. 
  

 43 








 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. 
  

 44 








 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)
	 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. 

  

 45 








 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)
	 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. 

  

 46 








 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)
	 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

  

	Note:  	(A) Excess over 20% threshold is greater than                      yr.
inflation rate in initial year of PBA adjustment. Use 75% of prior year inflation or 75% excess over threshold to calculate PBA. All later years calc. are cumulative. All calculations performed with Cumulative information. Annual information derived
by subtraction. 

  

 47 








 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. 
  

 48