Document:

Exhibit 10.1

 

SPX CORPORATION

 

SUPPLEMENTAL RETIREMENT PLAN

 

FOR TOP MANAGEMENT

 

(As Amended and
Restated Effective April 22, 2009)

 

TABLE OF CONTENTS

 

	
   

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  
	
  ARTICLE I
  DEFINITIONS

  	
  2

  
	
   

  	
   

  	
   

  
	
  1.1

  	
  Actuarial
  Equivalent

  	
  2

  
	
  1.2

  	
  Affiliated
  Company or Affiliate

  	
  2

  
	
  1.3

  	
  Beneficiary

  	
  2

  
	
  1.4

  	
  Board

  	
  3

  
	
  1.5

  	
  Code

  	
  3

  
	
  1.6

  	
  Committee
  or Compensation Committee

  	
  3

  
	
  1.7

  	
  Company

  	
  3

  
	
  1.8

  	
  Continuous
  Service

  	
  3

  
	
  1.9

  	
  Early
  Retirement Date

  	
  3

  
	
  1.10

  	
  Employee

  	
  3

  
	
  1.11

  	
  Final
  Average Pay

  	
  4

  
	
  1.12

  	
  Normal
  Retirement Age

  	
  4

  
	
  1.13

  	
  Normal
  Retirement Date

  	
  4

  
	
  1.14

  	
  Participant

  	
  4

  
	
  1.15

  	
  Plan

  	
  4

  
	
  1.16

  	
  SPX
  Qualified Plan

  	
  4

  
	
  1.17

  	
  SPX
  Qualified Plan Benefit

  	
  4

  
	
  1.18

  	
  Other
  Nonqualified Pension Plans

  	
  4

  
	
  1.19

  	
  Surviving
  Spouse

  	
  4

  
	
  1.20

  	
  Top
  Management Retirement Benefit

  	
  5

  
	
  1.20A.

  	
  Non-409A
  Top Management Retirement Benefit

  	
  5

  
	
  1.20B.

  	
  409A
  Top Management Retirement Benefit

  	
  5

  
	
  1.21

  	
  Vested

  	
  5

  
	
   

  	
   

  	
   

  
	
  ARTICLE II
  ELIGIBILITY

  	
  6

  
	
   

  	
   

  	
   

  
	
  2.1

  	
  Participation

  	
  6

  
	
  2.2

  	
  Top
  Hat Requirements and Reduction in Status

  	
  6

  
	
  2.3

  	
  Removal
  From Participation

  	
  6

  
	
   

  	
   

  	
   

  
	
  ARTICLE III
  TOP MANAGEMENT RETIREMENT BENEFITS

  	
  7

  
	
   

  	
   

  	
   

  
	
  3.1

  	
  Normal
  Retirement

  	
  7

  
	
  3.2

  	
  Early
  Retirement

  	
  7

  
	
  3.3

  	
  Participation
  in Other Nonqualified Pension Plans

  	
  8

  
	
  3.4

  	
  Form and
  Timing of Benefit

  	
  9

  
	
  3.5

  	
  [Reserved.]

  	
  11

  
	
  3.6

  	
  Actuarial
  Equivalent

  	
  11

  
	
  3.7

  	
  Source
  of Benefit Payments

  	
  11

  
	
   

  	
   

  	
   

  
	
  ARTICLE IV TOP
  MANAGEMENT PRE-RETIREMENT DEATH BENEFIT

  	
  12

  
	
   

  	
   

  	
   

  
	
  4.1

  	
  Survivor
  Benefits for the Non-409A Top Management Retirement Benefit

  	
  12

  
	
  4.2

  	
  Survivor
  Benefits for the 409A Top Management Retirement Benefit

  	
  12

  

 

i

 

	
  ARTICLE V
  ADMINISTRATION OF THE PLAN

  	
  14

  
	
   

  	
   

  	
   

  
	
  5.1

  	
  Administration
  by the Company

  	
  14

  
	
  5.2

  	
  General
  Powers of Administration

  	
  14

  
	
  5.3

  	
  409A
  Compliance

  	
  14

  
	
   

  	
   

  	
   

  
	
  ARTICLE VI
  AMENDMENT OR TERMINATION

  	
  15

  
	
   

  	
   

  	
   

  
	
  6.1

  	
  Amendment
  or Termination

  	
  15

  
	
  6.2

  	
  Effect
  of Amendment or Termination

  	
  15

  
	
   

  	
   

  	
   

  
	
  ARTICLE VII
  GENERAL PROVISIONS

  	
  16

  
	
   

  	
   

  	
   

  
	
  7.1

  	
  Funding

  	
  16

  
	
  7.2

  	
  General
  Conditions

  	
  16

  
	
  7.3

  	
  No
  Guaranty of Benefits

  	
  16

  
	
  7.4

  	
  No
  Enlargement of Employee Rights

  	
  16

  
	
  7.5

  	
  Spendthrift
  Provision

  	
  16

  
	
  7.6

  	
  Applicable
  Law

  	
  16

  
	
  7.7

  	
  Automatic
  Cashout

  	
  16

  
	
  7.8

  	
  Incapacity
  of Recipient

  	
  16

  
	
  7.9

  	
  Corporate
  Successor

  	
  17

  
	
  7.10

  	
  Unclaimed
  Benefit

  	
  17

  
	
  7.11

  	
  Limitations
  on Liability

  	
  17

  
	
  7.12

  	
  Duties
  of Participants, Beneficiaries, and Surviving Spouses

  	
  17

  
	
  7.13

  	
  Taxes
  and Withholding

  	
  17

  
	
  7.14

  	
  Treatment
  for other Compensation Purposes

  	
  17

  
	
   

  	
   

  	
   

  
	
  ARTICLE VIII
  CHANGE-OF-CONTROL

  	
  18

  
	
   

  	
   

  	
   

  
	
  8.1

  	
  Benefit
  Rights Upon Change-of-Control

  	
  18

  
	
  8.2

  	
  Definition
  of Change-of-Control and 409A Change-of-Control

  	
  18

  
	
  8.3

  	
  Excess
  Parachute Payments by the Company

  	
  18

  
	
   

  	
   

  	
   

  
	
  ARTICLE IX
  SPECIAL PROVISIONS

  	
  21

  
	
   

  	
   

  	
   

  
	
  Appendix A
  Special Provisions for Peter M. Turner, Donald H. Johnson and A.
  David Joseph (Group “A” Participants)

  	
  22

  
	
  Appendix B
  Special Provisions for Budd Werner and Curt Atkisson (“Group B
  Participants”)

  	
  23

  
	
  Appendix C
  Special Provisions for Dale Johnson 

  	
  24

  
	
  Appendix D
  Special Provisions for David Reynolds

  	
  25

  
	
  Appendix E
  Special Provisions for John Tyson

  	
  26

  
	
  Appendix F
  Special Provisions for Fred Florjancic

  	
  27

  
	
  Appendix G
  Special Provisions for Jay Caraviello and William Griffiths

  	
  28

  
	
  Appendix H
  Special Provisions for Ross Bricker

  	
  29

  
	
  Appendix
  I Special Provisions for Don L. Canterna and David A. Kowalski

  	
  30

  
	
  Appendix
  J Special Provisions for Kevin Lilly

  	
  31

  
	
  Appendix
  K Special Provisions for Sharon K. Jenkins

  	
  32

  
	
  Appendix
  L Special Provisions for James A. Peters

  	
  33

  
	
  Appendix
  M Special Provisions for Leslie S. Powell

  	
  34

  
	
  Appendix
  N Special Provisions for Jeremy W. Smeltser and J. Michael Whitted

  	
  35

  
	
  Appendix
  O Special Provisions for Drew T. Ladau

  	
  36

  
	
   

  	
   

  
	
  TABLE A

  	
  37

  

 

ii

 

SPX CORPORATION

SUPPLEMENTAL RETIREMENT PLAN

FOR TOP MANAGEMENT

 

The SPX Corporation Supplemental Retirement Plan for
Top Management (the “Plan”) was adopted effective October 22, 1985,
amended from time to time thereafter and is now amended and restated, effective
as of April 22, 2009.  The Plan is
established and maintained by SPX Corporation for the purpose of providing
supplemental retirement income benefits to a limited number of top management
employees largely responsible for enhancing the earnings and growth of SPX
Corporation.

 

The provisions set forth in this Plan are applicable
only to Participants in the employ of SPX Corporation on or after the effective
date of such provisions.  Participants
who retired with benefits commencing prior to such date, or who became disabled
or separated from the employ of SPX Corporation prior to that date, or an
eligible beneficiary of such Employees, shall be eligible for the benefits, if
any, under the Plan as it existed at the time of retirement, disability or separation;
or as subsequently amended such that the amended terms apply to such persons.

 

1

 

ARTICLE I

DEFINITIONS

 

Wherever used herein the following terms shall have
the meanings hereinafter set forth (except as may otherwise be modified in
other provisions or appendices of the Plan). 
Words in the masculine gender shall include the feminine and the
singular shall include the plural, and vice versa, unless qualified by the
context.  Any headings used herein are
included for ease of reference only, and are not to be construed so as to alter
the terms hereof.

 

1.1                                 “Actuarial Equivalent” means a
benefit having the same value as the benefit it replaces.  Actuarial
equivalency shall be determined on the basis of the following assumptions:

 

(a)                                  For purposes of
converting a 100% joint and survivor annuity or a 50% joint and survivor
annuity (as the case may be) at Normal Retirement Age to a lump sum at Normal
Retirement Age or at any other time, or a lump sum at any age to a 100% joint
and survivor annuity or a 50% joint and survivor annuity (as the case may be)
at Normal Retirement Age or at any other time, (i) mortality shall be
based upon the table prescribed in Code Section 417(e)(3)(A)(ii)(I), (ii) the
ages of the Participant and the Participant’s spouse shall be their actual ages
and (iii) the assumed interest rate shall be the annual interest on
30-year Treasury securities, as published by the Board of Governors of the
Federal Reserve System, for the November prior to the Plan Year during
which the distribution is made.

 

(b)                                 For purposes of
converting a 100% joint and survivor annuity or a 50% joint and survivor
annuity (as the case may be) into a single life annuity, the factors set forth
in Table A (attached hereto) shall be applied.  If a Participant is not
married, such application shall be based on the assumption that the Participant
is married and that he and his spouse are the same age.  If a Participant
is married, such application shall be based on the actual ages of the
Participant and his spouse.  For purposes of converting into any other
optional annuity form of benefit available under the Plan or for adjusting for
a non-spousal Beneficiary, the 100% joint and survivor annuity or the 50% joint
and survivor annuity (as the case may be) shall first be converted into a
single life annuity, as described above, after which the actuarial factors set
forth in Appendix A of the SPX Qualified Plan (as amended) shall be applied.

 

1.2                                 “Affiliated Company” or “Affiliate”
means any corporation, trade or business entity which is a member of a
controlled group of corporations, trades or businesses, or an affiliated
service group, of which the Company is also a member, as provided in Code
Sections 414(b), (c), (m) or (o).

 

1.3                                 “Beneficiary” means a Participant’s
beneficiary under the SPX Qualified Plan, or any person or persons designated
by a Participant to receive benefits payable in the event of the Participant’s
death before benefits under the Plan begin, or to receive the survivor benefits
under any joint and survivor benefit option or period certain benefit option
after benefits under the Plan begin.  Any
separate designation of a Beneficiary under this Plan shall not be effective
for any purpose unless and until it has been filed by the Participant with the
Committee on a form approved by the Committee. 
In the event that a Participant shall not have a Beneficiary, or if for
any reason a Beneficiary designation shall be legally ineffective, or if such
Beneficiary predeceases the Participant, then, for purposes of the Plan,
payments shall be made to the first surviving class, and in equal shares if
there are more than one in each class, of the following classes of
beneficiaries in order of preference: (i) Participant’s widow or widower, (ii) surviving
children, (iii) surviving parents, (iv) surviving brothers or
sisters, and (v) legal representative, provided that if no legal
representative is duly appointed and qualified within six months of the date of
death of a deceased Participant, then payment shall be made to such persons as,
at the date of the Participant’s death, would be entitled to share in the
distribution of such deceased Participant’s estate under the provisions of the
statute governing the descent of intestate property, then in force and effect
in the state of Participant’s residence. 
A Participant may, from time to time, on a form approved by and filed
with the Committee, change the Beneficiary, provided that once benefit payments
have commenced to be paid to a Participant, his designation of a Beneficiary
may only be changed for the period certain and life benefit as described at Section 6.8,
Option 5 of the SPX Qualified Plan. 
If payments under a period certain and life benefit have commenced to a
Participant’s designated Beneficiary and the Beneficiary

 

2

 

dies before all
payments under such form of payment have been made, any remaining payments
shall be made to the Beneficiary’s estate.

 

A married Participant may elect at any time to
designate a non-spouse Beneficiary or to revoke any such election at any
time.  An election by a Participant to
designate a non-spouse Beneficiary shall not take effect unless the Participant’s
spouse consents in writing to such election, such consent acknowledges the
effect of such an election and the consent is witnessed by a representative of
the Plan or a notary public, unless the Participant establishes to the
satisfaction of the Committee that such consent may not be obtained because
there is no spouse, the spouse cannot be located or due to other
circumstances.  The consent by a spouse
shall be irrevocable and shall be effective only with respect to that spouse.

 

There shall be separate Beneficiary designations for a
Participant’s Non-409A Top Management Retirement Benefit and 409A Top
Management Retirement Benefit (although a Participant may select the same
person(s) as Beneficiary for both the Participant’s Non-409A Top
Management Retirement Benefit and 409A Top Management Retirement Benefit).

 

A Participant’s spouse shall no
longer be eligible for the Top Management Retirement Benefit provided in
Sections 4.1(a) and 4.2(a) on the date of entry of a judgment of
divorce from that spouse, provided that a Participant may designate a former
spouse as his Beneficiary on a form approved by the Committee and filed with
the Committee after the date of entry of the judgment of divorce and before his
death.

 

1.4                                 “Board” means the Board of Directors
of the Company.

 

1.5                                 “Code” means the Internal Revenue
Code of 1986, as amended from time to time, and any regulations relating
thereto.

 

1.6                                 “Committee” or “Compensation
Committee” means the Compensation Committee of the Board.

 

1.7                                 “Company” means (a) SPX
Corporation, a Delaware corporation, (b) any Affiliated Company or
Affiliate provided that such Affiliated Company or Affiliate shall have been
included in the definition of Company only to the extent determined by action
of the officer of SPX Corporation empowered to make such employee benefit
determinations, or (c) to the extent provided in Section 7.9 below,
any successor corporation or other entity resulting from a reorganization,
merger or consolidation into or with the Company, or a transfer or sale of
substantially all of the assets of the Company.

 

1.8                                 “Continuous Service” for purposes of
this Plan shall be equal to a Participant’s Continuous Service as shown on the
records of the SPX Qualified Plan.  For
purposes of this Plan only, in the event a Participant was employed by a business
entity acquired by the Company, his Continuous Service Commencement Date (as
that term is defined in the SPX Qualified Plan) shall be the closing date of
such acquisition.

 

1.9                                 “Early Retirement Date” means the
first day of the month coinciding with or next following the date on which a
Participant or former Participant meets all of the following requirements:

 

·                  terminated employment with the Company, prior to
attaining Normal Retirement Age;

 

·                  after such Participant is Vested under this Plan; and

 

·                  when the Participant has attained at least
age 55, regardless of whether he attained such age prior to his
termination of employment.

 

1.10                           “Employee” means an employee of the
Company or of an Affiliated Company who is a participant (or deemed treated as
a participant pursuant to an Appendix of this Plan) under the SPX Qualified
Plan (or any successor or replacement to the SPX Qualified Plan).

 

3

 

1.11                           “Final Average Pay” shall mean the
average monthly pay in the Participant’s highest paid three calendar years out
of his last ten calendar years of Company employment, but with the following
modifications:

 

(a)                                  In a
Participant’s last calendar year of Company employment, Final Average Pay will
be based on the full year, by annualizing the Participant’s last rate of pay
for that year, and including the bonus paid to the Participant during that
year.

 

(b)                                 Those items
excluded from the definition of Compensation under the SPX Qualified Plan
(including the payment of the “bank” portion of a Participant’s SPX Corporation
Executive EVA Incentive Compensation Plan account as a result of termination of
employment or Change-of-Control) shall also be excluded from Final Average Pay;
provided that any deferrals of compensation made pursuant to the SPX
Corporation Supplemental Retirement Savings Plan shall be includable in the
determination of Final Average Pay.

 

(c)                                  For purposes of
this Plan, Final Average Pay shall be determined, regardless of the limit (if
any) provided by Code Section 401(a)(17) or any other statutorily imposed
limit.

 

1.12                           “Normal Retirement Age” shall mean
age sixty-five (65).

 

1.13                           “Normal Retirement Date” means the
first day of the month coinciding with or next following the later of (i) the
date of the Participant’s Normal Retirement Age or (ii) the date on which
a Participant terminates employment with the Company on or after attainment of
his Normal Retirement Age.

 

1.14                           “Participant” means an Employee who
is eligible to participate in this Plan pursuant to Article II hereof.

 

1.15                           “Plan” means this SPX Corporation
Supplemental Retirement Plan For Top Management.

 

1.16                           “SPX Qualified Plan” means the SPX
Corporation Individual Account Retirement Plan (formerly known as Pension Plan No. 3)
and each predecessor, successor or replacement to the said SPX Qualified Plan.

 

1.17                           “SPX Qualified Plan Benefit” means
the aggregate benefit (including any portion to be paid to an alternate payee
pursuant to a qualified domestic relations order) payable to and in respect of
a Participant pursuant to the SPX Qualified Plan and any other tax-qualified
(within the meaning of Code Section 401(a)) defined benefit pension plans
(within the meaning of Code Section 414(j)) maintained by the Company and
its Affiliates by reason of his termination of employment with the Company and
all Affiliates.  If benefits are paid
under this Plan in a different form than the SPX Qualified Plan Benefit, the
SPX Qualified Plan Benefit shall be determined as an Actuarial Equivalent
benefit in the same form.  SPX Qualified
Plan Benefits paid prior to payment under this Plan shall (i) in the event
of lump sum payments, be increased by the actual interest credits provided to
SPX Qualified Plan participants between the date of payment under the SPX
Qualified Plan and the date of payment under this Plan, and (ii) in the
event of monthly annuity payments, such payments shall be redetermined as if
paid by the SPX Qualified Plan on the Normal Retirement Date or Early
Retirement Date under this Plan.  This
redetermination shall include actual interest credits provided to SPX Qualified
Plan participants between the date of payment under the SPX Qualified Plan and
the date of payment under this Plan.

 

1.18                           “Other Nonqualified Pension Plans”
shall mean the following plans (and any predecessor, successor or replacement
plans) sponsored by the Company: the SPX Corporation Supplemental
Individual Account Retirement Plan, the SPX Corporation Retirement Plan for
Directors, the Restoration Plan for the Salaried Defined Benefit Retirement
Plans of United Dominion Industries, Inc., the United Dominion Industries, Inc.
Supplemental Executive Retirement Plan, the Marley Company Supplemental
Benefits Plan and the UDI Core Industries, Inc. Benefit Equalization Plan
or any other non-qualified defined benefit plan sponsored by the Company.

 

1.19                           “Surviving Spouse” means the person
who is married to a Participant at the date of his death.

 

4

 

1.20                           “Top Management Retirement Benefit”
means the benefit payable to a Participant, a Surviving Spouse or a Beneficiary
pursuant to the terms of this Plan.

 

1.20A.              “Non-409A Top Management Retirement Benefit”  refers to the Top Management Retirement Benefit that is
determined under Code Section 409A to be (i) attributable to amounts
deferred in taxable years beginning before January 1, 2005, and (ii) not
subject to Code Section 409A.

 

1.20B.                “409A Top Management Retirement Benefit”
refers to the Top Management Retirement Benefit that is determined under Code Section 409A
to be (i) attributable to amounts deferred in taxable years beginning on
or after January 1, 2005, or (ii) attributable to amounts deferred in
taxable years beginning before January 1, 2005 that are subject to Code Section 409A.

 

1.21                           “Vested.”  A Participant shall be Vested in his benefits
under this Plan if he has 5 years of Continuous Service under the SPX
Qualified Plan.

 

5

 

ARTICLE II

ELIGIBILITY

 

2.1                                 Participation.  An Employee shall become a Participant
hereunder upon designation as such by the Compensation Committee.  Such designation shall be made in writing and
filed with the records of the Plan.  The
Compensation Committee shall promptly notify those employees selected as
Participants hereunder of their participation. 
Notwithstanding the foregoing, an Employee shall not be eligible to
become a Participant at any point during a year if Code Section 409A would
prevent such Employee from making a payment election under Section 3.4(b)(1)(i) of
the Plan at such time.  In such
circumstances, such Employee would be permitted to participate in the Plan only
as of the January 1st of the following year, and the Employee shall be
permitted to make a payment election in accordance with Section 3.4(b)(1)(ii) of
the Plan.

 

2.2                                 Top
Hat Requirements and Reduction in Status. 
No Employee shall be designated as a Participant hereunder unless the
Employee qualifies for inclusion in a “select group of management or highly
compensated employees” as defined in Sections 201(2), 301(a)(3), 401(a)(1) and
4021(b)(6) of the Employee Retirement Income Security Act of 1974, as
amended (“ERISA”).  In the event a
Participant’s compensation or level of responsibility is reduced so that such
Participant no longer qualifies for inclusion in a “select group of management
or highly compensated employees,” the individual shall cease to be a
Participant.  A Vested Participant shall
not forfeit benefits accrued to the date he ceases to be a Participant, while a
non-Vested Participant shall forfeit all rights to benefits under the Plan.

 

2.3                                 Removal
From Participation.  Except in the
event of a Change-of-Control (as defined in Article VIII), the
Compensation Committee may reexamine a non-Vested Participant’s eligibility and
make a new determination as to whether he shall be entitled to continue as a
Participant hereunder.  If an Employee is
removed from participation pursuant to this Section 2.3, he and his
Surviving Spouse or Beneficiary shall forfeit all rights to benefits under this
Plan.  The Compensation Committee shall
not be entitled to remove any Vested Participant from participation, except as
described in Section 2.2 above or in the event of the termination of the
Plan as to all Participants, in which case the Participant’s Vested accrued
benefits shall not be forfeitable.

 

6

 

ARTICLE III

TOP MANAGEMENT RETIREMENT BENEFITS

 

3.1                                 Normal
Retirement.

 

(a)                                  Normal Retirement for Employees Who
Became Participants Before August 24, 2005.  For Employees who became Participants in the
Plan before August 24, 2005, the Top Management Retirement Benefit payable
to an eligible Participant on his Normal Retirement Date shall be a monthly
amount in the form of a 100% joint and survivor annuity equal to the remainder
of (1) minus (2), as described below:

 

(1)           60% of Final
Average Pay multiplied by a ratio, the numerator of which is the Participant’s
Continuous Service (not to exceed 15) and the denominator of which is 15; minus

 

(2)           the Participant’s
SPX Qualified Plan Benefit determined as of the Participant’s Normal Retirement
Date without regard to when such benefit is actually paid.

 

(b)                                 Normal Retirement for Employees Who
Become Participants On and After August 24, 2005 and Before April 22,
2009.  For
Employees who become Participants in the Plan on and after August 24, 2005
and before April 22, 2009, the Top Management Retirement Benefit payable
to an eligible Participant on his Normal Retirement Date shall be a monthly
amount in the form of a 50% joint and survivor annuity equal to the remainder
of (1) minus (2), as described below:

 

(1)           50% of Final
Average Pay multiplied by a ratio, the numerator of which is the Participant’s
Continuous Service (not to exceed 20) and the denominator of which is 20; minus

 

(2)           the Participant’s
SPX Qualified Plan Benefit determined as of the Participant’s Normal Retirement
Date without regard to when such benefit is actually paid.

 

(c)                                  Normal Retirement for Employees Who
Become Participants On and After April 22, 2009.  For Employees who become
Participants in the Plan on and after April 22, 2009, the Top Management
Retirement Benefit payable to an eligible Participant on his Normal Retirement
Date shall be a monthly amount in the form of a 50% joint and survivor annuity
equal to the remainder of (1) minus (2), as described below:

 

(1)           50% of Final Average Pay multiplied by a
ratio, the numerator of which is the Participant’s Continuous Service (not to
exceed 25) and the denominator of which is 25; minus

 

(2)           the Participant’s
SPX Qualified Plan Benefit determined as of the Participant’s Normal Retirement
Date without regard to when such benefit is actually paid.

 

3.2                                 Early
Retirement.

 

(a)                                  Early
Retirement for Employees Who Became Participants Before August 24, 2005.  For
Employees who became Participants in the Plan before August 24, 2005, the
Top Management Retirement Benefit payable to an eligible Participant on his
Early Retirement Date shall be a monthly amount equal to the Top Management
Retirement Benefit to which he would be entitled at his Normal Retirement Date
pursuant to Section 3.1(a) above, with the following adjustments:

 

7

 

(1)                                  Amount If Early
Retirement Is Within Five Years of Normal Retirement Age.  The
monthly amount payable hereunder to a Participant whose Early Retirement Date
is within five (5) years of his Normal Retirement Age shall be an amount
computed in the same manner as a benefit under Section 3.1(a) (without
regard to Section 3.1(a)(2) above), based on his Final Average Pay
and Continuous Service as of his Early Retirement Date.

 

(2)                                  Amount If Early
Retirement Is More Than Five Years From Normal Retirement Age.  The
monthly amount payable hereunder to a Participant whose Early Retirement Date
is more than five years prior to his Normal Retirement Age shall be computed in
the same manner as a benefit under Section 3.1(a) above (without
regard to Section 3.1(a)(2)), based on his Final Average Pay and
Continuous Service as of his Early Retirement Date, but such amount shall be
reduced by one-twelfth (1/12) of three percent (3%) for each complete calendar
month by which his first payment precedes his age 60.

 

(3)                                  Reductions for
Qualified Plan Benefits.  The benefit so determined shall be
reduced by the SPX Qualified Plan Benefit, or the Actuarial Equivalent thereof,
if such benefit could not have been paid at such date.

 

(b)                                 Early
Retirement for Employees Who Become Participants On and After August 24,
2005.  For
Employees who become Participants in the Plan on and after August 24,
2005, the Top Management Retirement Benefit payable to an eligible Participant
on his Early Retirement Date shall be a monthly amount equal to the Top
Management Retirement Benefit to which he would be entitled at his Normal
Retirement Date pursuant to Section 3.1(b) or 3.1(c), as applicable,
above, with the following adjustments:

 

(1)                                  Amount If Early
Retirement Is Within Three Years of Normal Retirement Age.  The monthly amount payable hereunder to a
Participant whose Early Retirement Date is within three (3) years of his
Normal Retirement Age shall be an amount computed in the same manner as a
benefit under Section 3.1(b) (without regard to Section 3.1(b)(2) above)
or Section 3.1(c) (without regard to Section 3.1(c)(2) above),
as applicable, based on his Final Average Pay and Continuous Service as of his
Early Retirement Date.

 

(2)                                  Amount If Early
Retirement Is More Than Three Years From Normal Retirement Age.  The monthly amount payable hereunder to a
Participant whose Early Retirement Date is more than three (3) years prior
to his Normal Retirement Age shall be computed in the same manner as a benefit
under Section 3.1(b) above (without regard to Section 3.1(b)(2))
or Section 3.1(c) above (without regard to Section 3.1(c)(2)),
as applicable, based on his Final Average Pay and Continuous Service as of his
Early Retirement Date, but such amount shall be reduced by one-twelfth (1/12)
of four percent (4%) for each complete calendar month by which his first
payment precedes his age 62.

 

(3)                                  Reductions for
Qualified Plan Benefits.  The benefit so determined shall be
reduced by the SPX Qualified Plan Benefit, or the Actuarial Equivalent thereof,
if such benefit could not have been paid at such date.

 

3.3                                 Participation
in Other Nonqualified Pension Plans. 
In addition to reducing a Participant’s benefit under the Plan by his
SPX Qualified Plan Benefit as provided above, such Plan benefit shall also be
reduced by his benefit (as actuarially adjusted to the applicable optional form
of payment and benefit commencement date hereunder) under the Other
Nonqualified Pension Plans, if any.  In
the event a Participant’s aggregate benefit under the Other Nonqualified
Pension Plans is higher than his benefit under the Plan, he shall receive no
benefits from this Plan.

 

8

 

3.4                                 Form and
Timing of Benefit.

 

(a)                                  Non-409A Top
Management Retirement Benefits.

 

(1)           A Participant
may elect to have his Non-409A Top Management Retirement Benefit payable in any
optional form in which the benefit from the SPX Qualified Plan is payable to
the Participant (including a lump sum payment). 
A Participant must make a separate election for the Non-409A Top
Management Retirement Benefit under this Plan, which need not be the same as
the Participant’s election under the SPX Qualified Plan.  However, any option other than the automatic
form of benefit under the SPX Qualified Plan must have been elected for the
Non-409A Top Management Retirement Benefit at least one year prior to a
Participant’s Normal or Early Retirement Date. 
Failure to elect a different option in a timely manner will result in
payment in the automatic form of benefit under the SPX Qualified Plan for the
Non-409A Top Management Retirement Benefit.

 

(2)           Payment of the
Non-409A Top Management Retirement Benefit to a Participant will commence no
sooner than a date chosen by such Participant, which commencement date must be
no sooner than the date when the Participant has both terminated employment and
attained age 55.  Such commencement
date may be after the date the Participant has chosen to begin his SPX
Qualified Plan Benefit.

 

(b)                                 409A Top
Management Retirement Benefits.

 

(1)                                  Initial
Eligibility and Payment Elections.  For any person who shall newly become a
Participant pursuant to Section 2.1, such person may elect to have his
409A Top Management Retirement Benefit payable in any optional form in which
the benefit from the SPX Qualified Plan is payable to the Participant
(including a lump sum payment).  Such
person must make a separate optional form election for the 409A Top Management
Retirement Benefit under this Plan, which need not be the same as the
Participant’s election under the SPX Qualified Plan.  Such person may also elect when the 409A Top
Management Retirement Benefit will commence, which commencement date must be no
sooner than the date when the Participant has both terminated employment and
attained age 55.

 

(i)            To the extent
permitted under Code Section 409A, such payment election must be made no
later than thirty (30) days (or such earlier time as the Committee may
designate) after the person becomes newly eligible to participate in the Plan.

 

(ii)           If the election
timing provided in clause (i) above is not permitted under Code Section 409A,
such payment election must be made no later than the December 31st of the
year preceding the year in which such person is initially eligible to
participate in this Plan.

 

(iii)          The payment
form and timing election shall be irrevocable for the duration of a Participant’s
participation in the Plan except as set forth in the remainder of this Section 3.4(b).

 

(2)                                  Transition
Period.  For the transition period
beginning January 1, 2008 and ending December 31, 2008, any
Participant may elect to have his 409A Top Management Retirement Benefit
payable in any optional form in which the

 

9

 

benefit from the SPX Qualified Plan is
payable to the Participant (including a lump sum payment), and may elect when
the 409A Top Management Retirement Benefit will commence, which commencement
date must be no sooner than the date when the Participant has both terminated
employment and attained age 55. 
Such election shall be made in accordance with Code Section 409A
(and applicable Internal Revenue Service transition relief) and subject to the
following provisions.  As of December 31,
2008, any then effective transition payment election shall be irrevocable for
the duration of a Participant’s participation in the Plan except as set forth
in paragraph (4) below.  No payment
election made in 2008 under this transition relief will apply to 409A Top
Management Retirement Benefits that would otherwise be payable in 2008, nor may
such election cause 409A Top Management Retirement Benefits to be paid in 2008
that would not otherwise be payable in 2008. 
No election under this transition relief may be made retroactively, or
when 409A Top Management Retirement Benefit payments are imminent.

 

(3)                                  Timely Election
Failure.  Failure to make a timely
payment election as provided above will result in such person deeming to elect
the following with respect to the 409A Top Management Retirement Benefit: (i) benefit
commencement date that is the later of (x) six months following
termination of employment or (y) age 55 and (ii) benefit payment form
that is a lump sum payment.  Such deemed
election shall be irrevocable for the duration of a Participant’s participation
in the Plan except as set forth in paragraph (4) below.

 

(4)                                  Subsequent
Change in Election.  A
Participant may change his payment election with respect to the 409A Top
Management Retirement Benefit so long as: (i) the new payment election is
made at least twelve (12) months before the original payment commencement date,
(ii) the new payment election does not take effect until at least twelve
(12) months after the date on which such election is made, and (iii) the
original payment commencement date is deferred for a period of not less than
five (5) years.  Notwithstanding the
foregoing, to the extent that a Participant’s payment form election with
respect to the 409A Top Management Retirement Benefit is a “life annuity” (as
defined under Code Section 409A), the Participant may change such election
to another optional form in which the benefit from the SPX Qualified Plan is
payable to the Participant provided that:

 

(i)            such optional
form is also a “life annuity” (as defined under Code Section 409A) which
is actuarially equivalent (as determined under Code Section 409A);

 

(ii)           such election
to change is timely made before the first scheduled annuity payment date of the
original election; and

 

(iii)          such first
scheduled annuity payment date does not change as a result of the new election.

 

(c)                                  Form.  The elections (including the change in
payment election provisions under paragraph (b)(4) above) provided above
shall be made on a form approved by the Committee and filed with the Committee
in the time and manner prescribed by the Committee.

 

(d)                                 Six Month Delay
Rule.  If, at the time the
Participant becomes entitled to 409A Top Management Retirement Benefit payments
under the Plan, the Participant is a Specified Employee (as defined and
determined under Code Section 409A), then, notwithstanding any other
provision in the Plan to the contrary, the following provision shall
apply.  No 409A Top Management Retirement
Benefit payments considered deferred compensation

 

10

 

under Code Section 409A which is
determined to be payable upon a Participant’s termination as determined under
Code Section 409A and not subject to an exception or exemption thereunder,
shall be paid to the Participant until the date that is six (6) months
after the Participant’s termination.  Any
such 409A Top Management Retirement Benefit payments that would otherwise have
been paid to the Participant during this six-month period shall instead be
aggregated with interest (at the Interest Credit Rate as defined under the SPX
Qualified Plan) during such period, and be paid to the Participant on the date
that is six (6) months after the Participant’s termination.  Any 409A Top Management Retirement Benefit
payments to which the Participant is entitled to be paid after the date that is
six (6) months after the Participant’s termination shall be paid to the
Participant in accordance with the applicable terms of this Plan.

 

(e)                                  Payments.  Notwithstanding anything in the foregoing, a
409A Top Management Retirement Benefit payment shall be paid (or commence to be
paid) on or as soon as practicable after the date determined pursuant to the
above but not later than 30 days after such date.

 

3.5                                 [Reserved.]

 

3.6                                 Actuarial
Equivalent.  A Top Management
Retirement Benefit which is payable in any other form than that prescribed
under Sections 3.1 and 3.2 above, or which is payable in such form
prescribed under Sections 3.1 and 3.2 above but with a Beneficiary other
than such Participant’s spouse, shall be the Actuarial Equivalent of the Top
Management Retirement Benefit set forth in Sections 3.1 and 3.2 above.

 

3.7                                 Source
of Benefit Payments.  Any Top
Management Retirement Benefit payable to a Participant, a Surviving Spouse or a
Beneficiary shall be paid from the general assets of the Company.

 

11

 

ARTICLE IV

TOP MANAGEMENT PRE-RETIREMENT DEATH BENEFIT

 

4.1                                 Survivor
Benefits for the Non-409A Top Management Retirement Benefit.  If a Vested Participant dies before his
Non-409A Top Management Retirement Benefit has commenced to be paid to him, the
Surviving Spouse or Beneficiary, as shall be applicable, shall receive the
Non-409A Top Management Retirement Benefit as described below:

 

(a)                                  Surviving
Spouse.  If the Participant was married
at the time of death, the Surviving Spouse may elect (i) a single life
annuity for the Surviving Spouse’s life which is 100% of the Actuarial
Equivalent of the Participant’s Non-409A Top Management Retirement Benefit,
payable as of the first day of the month following the date the Participant
would have attained age 55, or (ii) a lump sum which is the Actuarial
Equivalent of the Participant’s Non-409A Top Management Retirement Benefit payable
to the Surviving Spouse as of the first day of the month following the date of
the Participant’s death.  If the
Surviving Spouse dies after the Participant but before the Non-409A Top
Management Retirement Benefit is paid or commenced to be paid to the Surviving
Spouse, the Actuarial Equivalent shall be paid in a lump sum to the legal
representative of such deceased Surviving Spouse; or if there shall be no such
legal representative duly appointed and qualified within six months of the date
of death of such deceased Surviving Spouse, then to such person as, at the date
of the Surviving Spouse’s death, would be entitled to share in the distribution
of such deceased Surviving Spouse’s personal estate under the provisions of the
statute governing the descent of intestate property then in force and effect in
the state of the deceased Surviving Spouse’s residence.

 

(b)                                 Other
Beneficiary.  If the
Participant dies before his Non-409A Top Management Retirement Benefit becomes
payable and (1) the Participant was not married at the date of death or (2) the
Participant is married but his spouse has consented to the Beneficiary
designation as provided under Section 1.3, a lump sum amount equal to the
Actuarial Equivalent of the Participant’s Non-409A Top Management Retirement
Benefit shall be paid to the Participant’s designated Beneficiary as of the
first day of the month following the date of the Participant’s death.

 

4.2                                 Survivor
Benefits for the 409A Top Management Retirement Benefit.  If a Vested Participant dies before his 409A
Top Management Retirement Benefit has commenced to be paid to him, the
Surviving Spouse or Beneficiary, as shall be applicable, shall receive the 409A
Top Management Retirement Benefit as described below:

 

(a)                                  Surviving
Spouse.  If the Participant was married
at the time of death, the Surviving Spouse shall receive a lump sum which
is the Actuarial Equivalent of the Participant’s 409A Top Management Retirement
Benefit payable to the Surviving Spouse on or as soon as administratively feasible
following the first day of the month following the date of the Participant’s
death, but no later than 60 days after such date.  If the Surviving Spouse dies after the
Participant but before the lump sum is paid to the Surviving Spouse, the lump
sum shall be paid to the legal representative of such deceased Surviving Spouse
on or as soon as administratively feasible following the first day of the month
following the date of the Participant’s death, but no later than 60 days after
such date; or if there shall be no such legal representative duly appointed and
qualified at such time, then to such person as, at the date of the Surviving
Spouse’s death, would be entitled to share in the distribution of such deceased
Surviving Spouse’s personal estate under the provisions of the statute
governing the descent of intestate property then in force and effect in the
state of the deceased Surviving Spouse’s residence.

 

(b)                                 Other
Beneficiary.  If the
Participant dies before his 409A Top Management Retirement Benefit becomes
payable and (1) the Participant was not married at the date of death or (2) the
Participant is married but his spouse has consented to the Beneficiary
designation

 

12

 

as provided under Section 1.3, a lump
sum amount equal to the Actuarial Equivalent of the Participant’s 409A Top
Management Retirement Benefit shall be paid to the Participant’s designated
Beneficiary on or as soon as administratively feasible following the first day
of the month following the date of the Participant’s death, but no later than
60 days after such date.

 

13

 

ARTICLE V

ADMINISTRATION OF THE PLAN

 

5.1                                 Administration
by the Company.  The Company, acting
under the supervision of the Compensation Committee, shall be responsible for
the general operation and administration of the Plan and for carrying out the
provisions thereof.

 

5.2                                 General
Powers of Administration.  All
provisions set forth in the SPX Qualified Plan with respect to the
administrative powers and duties of the Company, expenses of administration,
and procedures for filing claims shall also be applicable with respect to the
Plan.  The Company shall be entitled to
rely conclusively upon all tables, valuations, certificates, opinions and
reports furnished by any actuary, accountant, controller, counsel or other
person employed or engaged by the Company with respect to the Plan.

 

5.3                                 409A
Compliance.  To the extent any
provision of the Plan or action by the Committee or Company would subject any
Participant to liability for interest or additional taxes under Code Section 409A,
or make Non-409A Top Management Retirement Benefits subject to Code Section 409A,
it will be deemed null and void, to the extent permitted by law and deemed
advisable by the Committee.  It is
intended that the Plan will comply with Code Section 409A, and that the
Non-409A Top Management Retirement Benefits be exempt from Code Section 409A
coverage, and the Plan shall be interpreted and construed on a basis consistent
with such intent.  The Plan may be
amended in any respect deemed necessary (including retroactively) by the
Committee in order to preserve compliance with Code Section 409A and to
maintain Code Section 409A exemption for the Non-409A Top Management
Retirement Benefits.  For purposes of
this Plan with respect to 409A Top Management Retirement Benefits, a “termination
of employment”, “termination”, “retirement” or “separation from service” (or
other similar term having a similar import) under this Plan shall have the same
meaning as a “separation from service” as defined in Code Section 409A.  The preceding shall not be construed as a
guarantee of any particular tax effect for Plan benefits.

 

14

 

ARTICLE VI

AMENDMENT OR TERMINATION

 

6.1                                 Amendment
or Termination.  The Company reserves
the right, subject to Article VIII, to amend or terminate the Plan at any
time.  Any such amendment or termination
shall be made pursuant to a resolution of the Compensation Committee and shall
be effective as of the date of such resolution or as specified therein.

 

6.2                                 Effect
of Amendment or Termination.  No
amendment or termination of the Plan shall directly or indirectly deprive any
current or former Participant, Surviving Spouse, or Beneficiary of all or any
portion of any Top Management Retirement Benefit or amount due to such persons,
the payment of which has commenced prior to the effective date of such
amendment or termination, or which is Vested at the time of such amendment or
termination of the Plan.  The
Compensation Committee may remove an Employee from participation as provided in
Section 2.2 and Section 2.3.

 

15

 

ARTICLE VII

GENERAL PROVISIONS

 

7.1                                 Funding.  The Plan is intended to constitute and at all
times shall be interpreted and administered so as to qualify as an unfunded
deferred compensation plan for a select group of management and highly
compensated employees under ERISA.  The
Plan at all times shall be entirely unfunded within the meaning of ERISA and
the Code and the Company shall not be required at any time to segregate any
assets of the Company for payment of any benefits hereunder.  No Participant, Surviving Spouse,
Beneficiary, or any other person shall have any interest in any particular
assets of the Company by reason of the right to receive a benefit under the
Plan and any such Participant, Surviving Spouse, Beneficiary, or other person
shall have only the rights of a general unsecured creditor of the Company with
respect to any rights under the Plan.

 

7.2                                 General
Conditions.  Any SPX Qualified Plan
Benefit shall be paid solely in accordance with the terms and conditions of the
SPX Qualified Plan and nothing in this Plan shall operate or be construed in
any way to modify, amend or affect the terms and provisions of the SPX
Qualified Plan.  Any Other Nonqualified
Pension Plan shall be paid solely in accordance with the terms and conditions
of such Other Nonqualified Pension Plan and nothing in this Plan shall operate
or be construed in any way to modify, amend or affect the terms and provisions
of any Other Nonqualified Pension Plan.

 

7.3                                 No
Guaranty of Benefits.  Nothing
contained in the Plan (or any Plan communication) shall constitute a guaranty
by the Company or any other entity or person that the assets of the Company
will be sufficient to pay any benefit hereunder.

 

7.4                                 No
Enlargement of Employee Rights.  No
Participant, Surviving Spouse, or Beneficiary shall have any right to a benefit
under the Plan except in accordance with the terms of the Plan.  Establishment of the Plan shall not be
construed to give any Participant the right to be retained in the service of
the Company, nor to create or confer on any Participant the right to receive
future benefit accruals hereunder with respect to any future period of service
with the Company.  Nothing in the Plan
shall interfere in any way with the right of the Company to terminate a
Participant’s service at any time with or without cause or notice and whether
or not such termination results in any adverse effect on the individual’s
interests under the Plan.

 

7.5                                 Spendthrift
Provision.  No interest of any person
or entity in, or right to receive a benefit under, the Plan shall be subject in
any manner to sale, transfer, assignment, pledge, attachment, garnishment, or
other alienation or encumbrance of any kind; nor may such interest or right to
receive a benefit be taken, either voluntarily or involuntarily, for the
satisfaction of the debts of, or other obligations or claims against, such
person or entity, including claims for alimony, support, separate maintenance
and claims in bankruptcy proceedings.

 

7.6                                 Applicable
Law.  The Plan (including, without
limitation, any rules, regulations, determinations or decisions made by the
Compensation Committee or Company relating to the Plan) shall be construed and
administered exclusively in accordance with applicable federal laws and the
laws of the State of Delaware, without regard to its conflict of laws principles.

 

7.7                                 Automatic
Cashout.  Notwithstanding anything in
the Plan to the contrary, if at the time of benefit commencement, the lump sum
amount which is the Actuarial Equivalent of a Participant’s Top Management
Retirement Benefit is less than $100,000, the Company shall pay such lump sum
amount to the Participant, Surviving Spouse or Beneficiary in a single lump sum
in lieu of any further benefit payments hereunder.  Subject to any six-month delay in payment (or
portion of payment) required by Code Section 409A, such payment (or
applicable portion) shall be made on or as soon as administratively practicable
after the benefit commencement date (or the date required by Code Section 409A’s
six-month delay rule), but not later than 60 days after such date.

 

7.8                                 Incapacity
of Recipient.  If any person entitled
to a benefit payment under the Plan is deemed by the Company to be incapable of
personally receiving and giving a valid receipt for such payment, then, unless
and until claim therefor shall have been made by a duly appointed guardian or
other legal representative of such person, the Company may provide for such
payment or any part thereof to be made to any other person or institution then
contributing toward or providing for the care and maintenance of such
person.  Any such payment shall be deemed

 

16

 

to be a payment
for the account of such person and a complete discharge of any liability of the
Company and the Plan therefor.

 

7.9                                 Corporate
Successor.  The Plan shall not be
automatically terminated by a transfer or sale of assets of the Company or by
the reorganization, merger or consolidation of the Company into or with any
other corporation or other entity, but the Plan shall be continued after such
transfer, sale, reorganization, merger or consolidation only if and to the
extent that the transferee, purchaser or successor entity agrees to continue
the Plan, except as set forth in Article VIII.  In the event that the Plan is not continued
by the transferee, purchaser or successor entity, then the Plan shall terminate
subject to the provisions of Section 6.2.

 

7.10                           Unclaimed
Benefit.  Each Participant shall keep
the Company informed of his current address and the current address of his
spouse and/or Beneficiary.  The Company
shall not be obligated to search for the whereabouts of any person.  If the location of a Participant is not made
known to the Company within three (3) years after the date on which
payment of the Participant’s Top Management Retirement Benefit may first be
made, payment may be made as though the Participant had died at the end of the
three-year period.  If, within one
additional year after such three-year period has elapsed, or, within three
years after the actual death of a Participant, the Company is unable to locate
any Surviving Spouse or Beneficiary of the Participant, then the Company shall
have no further obligation to pay any benefit hereunder to such Participant,
Surviving Spouse, Beneficiary or any other person and such benefit shall be
irrevocably forfeited.

 

7.11                           Limitations
on Liability.  Notwithstanding any of
the preceding provisions of the Plan, neither the Company nor any individual
acting as an employee or agent of the Company shall be liable to any
Participant, former Participant, Surviving Spouse, Beneficiary or any other
person for any claim, loss, liability or expense incurred in connection with
the Plan.

 

7.12                           Duties
of Participants, Beneficiaries, and Surviving Spouses.  A Participant, Surviving Spouse or
Beneficiary shall, as a condition of receiving benefits under this Plan, be
obligated to provide the Compensation Committee with such information as the
Compensation Committee shall require in order to calculate benefits under this
Plan or otherwise administer the Plan.

 

7.13                           Taxes
and Withholding.  As a condition to
any payment or distribution pursuant to the Plan, the Company may require a
Participant (or as applicable, the Surviving Spouse or Beneficiary) to pay such
sum to the Company as may be necessary to discharge its obligations with
respect to any taxes, assessments or other governmental charges imposed on
property or income received by the Participant (or as applicable, the Surviving
Spouse or Beneficiary) thereunder.  The
Company may deduct or withhold such sum from any payment or distribution to the
Participant (or as applicable, the Surviving Spouse or Beneficiary).

 

7.14                           Treatment
for other Compensation Purposes. 
Payments received by a Participant (or as applicable, the Surviving
Spouse or Beneficiary) under the Plan shall not be deemed part of a Participant’s
regular, recurring compensation for purposes of any termination, indemnity or
severance pay laws and shall not be included in, nor have any effect on, the
determination of benefits under any other employee benefit plan, contract or
similar arrangement provided by the Company, unless expressly so provided by
such other plan, contract or arrangement.

 

17

 

ARTICLE VIII

CHANGE-OF-CONTROL

 

8.1                                 Benefit
Rights Upon Change-of-Control.

 

(a)                                  Notwithstanding
any other provision of the Plan to the contrary, in the event of a
Change-of-Control, all Participants shall immediately become Vested in their
accrued benefits under this Plan, and the Company or any successor shall be
prohibited from amending or terminating the Plan in any manner so as to
deprive, directly or indirectly, any current or former Participant, Surviving
Spouse, or Beneficiary of all or any portion of any Top Management Retirement
Benefit which has commenced prior to the effective date of such amendment or
termination, or which would be payable if the Participant’s employment
terminated for any reason, including death, on such effective date.  Following a Change-of-Control or 409A
Change-of-Control, no action shall be taken under the Plan that will cause any
Non-409A Top Management Retirement Benefit to be subject to Code Section 409A
coverage, or cause any 409A Top Management Retirement Benefit to fail to comply
in any respect with Code Section 409A, in either case without the
written consent of the Participant, Surviving Spouse, or Beneficiary (as
applicable).

 

(b)                                 (i) Each
Participant whose employment terminates following a Change-of-Control, or (ii) in
the event that the Plan is terminated following a Change-of-Control, each
current or former Participant, Surviving Spouse, or Beneficiary, shall be paid
immediately a lump sum amount with respect to the Non-409A Top Management
Retirement Benefit (and with respect to the 409A Top Management Retirement Benefit
if such employment terminates within two years following a 409A
Change-of-Control or if such Plan (together with any other deferred
compensation arrangements as required by Code Section 409A)
terminates).  This amount shall be the
Actuarial Equivalent of any Non-409A Top Management Retirement Benefit (and
with respect to the 409A Top Management Retirement Benefit if applicable), the
payment of which has commenced prior to the effective date of any such
termination, or which would be payable upon any termination of employment or
which would be payable if the Participant’s employment terminated on the
effective date of any Plan termination.

 

8.2                                 Definition
of Change-of-Control and 409A Change-of-Control.  For purposes of this Plan, a “Change-of-Control”
shall have the same meaning as set forth in the SPX Corporation Executive Bonus
Plan.  For purposes of this Plan, a “409A
Change-of-Control” shall have the same meaning as set forth in the SPX
Corporation Supplemental Individual Account Retirement Plan.

 

8.3                                 Excess
Parachute Payments by the Company.

 

(a)                                  Anything in
this Plan to the contrary notwithstanding, in the event it shall be determined
that any payment or distribution by the Company to or for the benefit of a
Participant (whether paid or payable or distributed or distributable pursuant
to the terms of this Plan or otherwise, but determined without regard to any
additional payments required under this Section 8.3) (a “Payment”) would
be subject to the excise tax imposed by Code Section 4999 or if any interest
or penalties are incurred by the Participant with respect to such excise tax
(such excise tax, together with any such interest and penalties, being
hereinafter collectively referred to as the “Excise Tax”), then the Participant
shall be entitled to receive an additional payment (a “Gross-Up Payment”) in an
amount such that, after payment by the Participant of all taxes (including any
interest or penalties imposed with respect to such taxes), including, without
limitation, any income taxes (and any interest and penalties imposed with
respect thereto) and Excise Tax imposed upon the Gross-Up Payment, the
Participant retains an amount of the Gross-Up Payment equal to the Excise Tax
imposed upon the Payment.

 

18

 

(b)                                 Subject to the
provisions of paragraph (c) below, all determinations required to be
made under this Section 8.3, including whether and when a Gross-Up Payment
is required and the amount of such Gross-Up Payment and the assumptions to be
utilized in arriving at such determination, shall be made by the accounting
firm which is then serving as the auditors for the Company (the “Accounting
Firm”), which shall provide detailed supporting calculations to both the
Company and the Participant within fifteen (15) business days of the
receipt of notice from the Participant that there has been a Payment, or such
earlier time as is required by the Company. 
In the event that the Accounting Firm is serving as accountant or
auditor for the individual, entity or group effecting the Change-of-Control,
the Participant shall appoint another nationally recognized accounting firm to
make the determinations required hereunder (which accounting firm shall then be
referred to as the “Accounting Firm” hereunder).  All fees and expenses of the Accounting Firm
shall be borne solely by the Company. 
Any Gross-Up Payments, as determined pursuant to this Section 8.3,
shall be paid by the Company to the Participant within five (5) days of
the receipt of the Accounting Firm’s determination, but shall be paid no later
than the end of the Participant’s taxable year next following the Participant’s
taxable year in which the Participant remits the related taxes.  If the Accounting Firm determines that no
Excise Tax is payable by the Participant, it shall furnish the Participant with
a written opinion that failure to report the Excise Tax on the Participant’s
applicable federal income tax return would not result in the imposition of a
negligence or similar penalty.  Any good
faith determination by the Accounting Firm shall be binding upon the Company
and the Participant.  As a result of the
uncertainty in the application of Code Section 4999 at the time of the
initial determination by the Accounting Firm hereunder, it is possible that Gross-Up
Payments which will not have been made by the Company should have been made (“Underpayment”),
consistent with the calculations required to be made hereunder.  In the event that the Company exhausts its
remedies pursuant to paragraph (c) below, and the Participant
thereafter is required to make a payment of any Excise Tax, the Accounting Firm
shall determine the amount of the Underpayment that has occurred and any such
Underpayment shall be promptly paid by the Company to or for the benefit of the
Participant, but shall be paid no later than the end of the Participant’s
taxable year next following the Participant’s taxable year in which the
Participant remits the related taxes. 
Further, such Underpayment shall include all interest and penalties
assessed to the Participant for the failure to report and pay the Excise Tax on
Participant’s income tax return and shall place Participant in a position as if
such Underpayment and associated Excise Tax were properly reported and paid.

 

(c)                                  The Participant
shall notify the Company in writing of any claim by the Internal Revenue
Service that, if successful, would require the payment by the Company of a
Gross-Up Payment.  Such notification
shall be given as soon as practicable but no later than fifteen (15) business
days after the Participant is informed in writing of such claim and shall
apprise the Company of the nature of such claim and the date on which such
claim is requested to be paid.  The
Participant shall not pay such claim prior to the expiration of the thirty
(30)-day period following the date on which the Participant gives such notice
to the Company (or such shorter period ending on the date that any payment of
taxes with respect to such claim is due). 
If the Company notifies the Participant in writing prior to the
expiration of such period that it desires to contest such claim, the
Participant shall:

 

(i)            Give the
Company any information reasonably requested by the Company relating to such
claim,

 

(ii)           Take such
action in connection with contesting such claim as the Company shall reasonably
request in writing from time to time, including, without limitation, accepting
legal representation with respect to such claim by an attorney reasonably
selected by the Company,

 

19

 

(iii)                               Cooperate with
the Company in good faith in order to effectively contest such claim, and

 

(iv)                              Permit the
Company to participate in any proceedings relating to such claim;

 

provided, however, that the Company shall bear and pay
directly all costs and expenses (including additional interest and penalties)
incurred in connection with such contest and shall indemnify and hold the
Participant harmless, on an after-tax basis, for any Excise Tax or income tax
(including interest and penalties with respect thereto) imposed as a result of
such representation and payment of costs and expenses.  Without limiting the foregoing provision of
this paragraph (c), the Company shall control all proceedings taken in
connection with such contest and, at its sole option, may pursue or forego any
and all administrative appeals, proceedings, hearings, and conferences with the
taxing authority in respect of such claim and may, at its sole option, either
direct the Participant to pay the tax claimed and sue for a refund or contest
the claim in any permissible manner; and the Participant agrees to prosecute
such contest to a determination before any administrative tribunal, in a court
of initial jurisdiction and in one or more appellate courts, as the Company shall
determine; provided, however, that if the Company directs the Participant to
pay such claim and sue for a refund, the Company shall advance the amount of
such payment to the Participant on an interest-free basis and shall indemnify
and hold the Participant harmless, on an after-tax basis, from any Excise Tax
or income tax (including interest or penalties with respect thereto) imposed
with respect to such advance or with respect to any imputed income with respect
to such advance; and further provided that any extension of the statute of
limitations relating to payment of taxes for the taxable year of the
Participant with respect to which such contested amount is claimed to be due is
limited solely to such contested amount. 
Furthermore, the Company’s control of the contest shall be limited to
issues with respect to which a Gross-Up Payment would be payable hereunder and
the Participant shall be entitled to settle or contest, as the case may be, any
other issue raised by the Internal Revenue Service or any other taxing
authority.

 

(d)                                 If, after the
receipt by the Participant of an amount advanced by the Company pursuant to
paragraph (c) above, the Participant becomes entitled to receive any
refund with respect to such claim, the Participant shall (subject to the
Company’s complying with the requirements of said paragraph (c)) promptly
pay to the Company the amount of such refund (together with any interest paid
or credited thereon, after taxes applicable thereto).  If, after the receipt by the Participant of an
amount advanced by the Company pursuant to said paragraph (c), a
determination is made that the Participant shall not be entitled to any refund
with respect to such claim and the Company does not notify the Participant in
writing of its intent to contest such denial of refund prior to the expiration
of thirty (30) days after such determination, then such advance shall be
forgiven and shall not be required to be repaid (provided that such forgiveness
shall be made no later than the end of the Participant’s taxable year next
following the Participant’s taxable year in which the Participant remits the
related taxes); and the amount of such advance shall offset, to the extent
thereof, the amount of the Gross-Up Payment required to be paid.

 

20

 

ARTICLE IX

SPECIAL PROVISIONS

 

The Company may determine to provide special benefits
for any Participant as set forth in separate documents which may be appended
hereto.  To the extent that the Company
has so determined, the Participant shall be entitled to the benefits provided
in such documents, and to the extent that there is any inconsistency between
this Plan and such document, and subject to Section 5.3, such other
document will govern.

 

21

 

Appendix A

 

Special
Provisions for Peter M. Turner, Donald H. Johnson and

A.
David Joseph (Group “A” Participants)

 

The retirement benefits accrued by Group A
Participants under the Plan shall be governed and calculated in accordance with
Plan provisions, except that:

 

(a)                                  1994 Benefit
Amount.  Without regard to the formula
set forth in Section 3.1(a), the early retirement benefit payable under Article III
of the Plan during the 1994 calendar year shall be:

 

(i)            The Group A
Participant’s total monthly salary, excluding bonuses, fringe benefits and
other special compensation, in the month prior to his Early Retirement Date,
less

 

(ii)           the Group A
Participant’s SPX Qualified Plan Benefit and any benefit from such Group A
Participant’s former employer’s tax qualified defined benefit plan (if any),

 

all determined as of the Participant’s Early Retirement Date.

 

(b)                                 Benefit Amount
for Years After 1994.  The early retirement benefit payable to
Group A Participants under the Plan for years after 1994 shall be
calculated in accordance with the formula contained in Section 3.1(a) and
all other Plan provisions, using the definition of Final Average Pay contained
in Section 1.11 of the Plan, or, if greater:

 

(i)            the amount of
the Group A Participant’s 1993 compensation divided by 12, using the
definition of compensation contained in the second to the last paragraph of Section 2.1(k) of
the SPX Qualified Plan; or

 

(ii)           the amount of
the Group A Participant’s 1994 compensation divided by 12, using the
definition of compensation contained in the second to last paragraph of Section 2.1(k) of
the SPX Qualified Plan.

 

22

 

Appendix B

 

Special
Provisions for Budd Werner and Curt Atkisson (“Group B Participants”)

 

The retirement benefits accrued by Group B
Participants under the Plan shall be governed and calculated in accordance with
Plan provisions, except that:

 

(a)                                  Continuous
Service.  For purposes of calculating
Continuous Service for each Group B Participant under Section 1.8 of
the Plan, one additional year of service will be added to such Participant’s
Continuous Service.

 

(b)                                 Final Average
Pay.  For purposes of calculating
Final Average Pay for each Group B Participant under Section 1.11 of
the Plan, the average monthly pay of the Group B Participant for the
highest two out of the last five calendar years of Company employment shall be
used in such determination instead of such pay for the highest three out of the
last ten calendar years of Company employment.

 

23

 

Appendix C

 

Special
Provisions for Dale Johnson

 

The retirement benefit accrued by Dale Johnson under
the Plan shall be governed and calculated in accordance with Plan provisions,
except that pursuant to the provisions of Section 3.2(a)(2) of the
Plan, the Compensation Committee shall waive any early retirement payment
reductions otherwise applicable with respect to benefits payable to him under
the Plan on or after the date that Mr. Johnson reaches age 60.  Any benefit payable under the Plan to Mr. Johnson
prior to the date that he reaches age 60 shall be reduced in accordance
with the provisions of Section 3.2(a).

 

24

 

Appendix D

 

Special
Provisions for David Reynolds

 

David Reynolds shall receive benefits in accordance
with Plan provisions, except that:

 

(a)                                  Bridge Benefit.  A monthly bridge benefit shall be paid in the
amount of $5,834.00 from July 1, 1995 through December 31, 2000, or
such shorter period as Mr. Reynolds may live.  In the event of his death prior to December 31,
2000, his Surviving Spouse, if any, shall receive the Plan’s Surviving Spouse
pension.

 

(b)                                 Early
Retirement Date.  On September 1,
2001 (age 62), Mr. Reynolds may commence to receive his unreduced
benefit from this Plan, as if he had retired from active employment with the
Company at that date.  Mr. Reynolds
may elect to have benefits begin as early as January 1, 2001, subject to
the Plan’s usual reductions for benefit commencement prior to age 62.

 

25

 

Appendix E

 

Special
Provisions for John Tyson

 

The retirement benefit accrued by John Tyson under the
Plan upon his retirement on December 31, 1997 shall be a lifetime annuity
of $100,000 per year, less his SPX Qualified Plan Benefit and any adjustment
required for the selection of any optional form of benefit.

 

26

 

Appendix F

 

Special
Provisions for Fred Florjancic

 

Fred Florjancic will be treated as though he were a
participant in the SPX Qualified Plan for purposes of determining the
eligibility for benefits and the amount of benefits under this Plan.

 

27

 

Appendix G

 

Special
Provisions for Jay Caraviello and William Griffiths

 

Jay Caraviello and William Griffiths will be treated
as though they were participants in this Plan beginning as of February 27,
2003, the date they were named officers of SPX Corporation (i.e. Continuous Service shall commence as
of such date) for purposes of determining the amount of benefits payable to
them under this Plan.

 

28

 

Appendix H

 

Special
Provisions for Ross Bricker

 

Ross Bricker will be treated as though he were a
participant in the SPX Qualified Plan for purposes of determining the
eligibility for benefits and the amount of benefits under this Plan.

 

29

 

Appendix
I

 

Special
Provisions for Don L. Canterna and David A. Kowalski

 

Don L. Canterna and David A. Kowalski will be treated
as though they were participants in this Plan beginning on August 24,
2005, the date they were named officers of SPX Corporation (i.e., Continuous Service shall commence as
of such date) for purposes of determining the amount of benefits payable to
them under this Plan.

 

30

 

Appendix
J

 

Special
Provisions for Kevin Lilly

 

Kevin Lilly will be treated (i) as though he were
a participant in this Plan beginning on January 1, 2006, the date he was
named an officer of SPX Corporation (i.e.,
Continuous Service shall commence as of such date) for purposes of determining
the amount of benefits payable to him under this Plan and (ii) as though
he were a participant in the SPX Qualified Plan for purposes of determining the
eligibility for benefits and the amount of benefits under the Plan.

 

31

 

Appendix
K

 

Special
Provisions for Sharon K. Jenkins

 

Sharon K. Jenkins will be treated (i) as though
she were a participant in this Plan beginning on October 2, 2006, the date
she was named an officer of SPX Corporation (i.e.,
Continuous Service shall commence as of such date) for purposes of determining
the amount of benefits payable to her under this Plan and (ii) as though
she were a participant in the SPX Qualified Plan for purposes of determining
the eligibility for benefits and the amount of benefits under the Plan.

 

32

 

Appendix
L

 

Special
Provisions for James A. Peters

 

James A. Peters will be treated as though he were a
participant in this Plan beginning on December 13, 2006, the date he was
named an officer of SPX Corporation (i.e.,
Continuous Service shall commence as of such date) for purposes of determining
the amount of benefits payable to him under this Plan.

 

33

 

Appendix
M

 

Special
Provisions for Leslie S. Powell

 

Leslie S. Powell will be treated (i) as though he were a
participant in this Plan beginning on January 31, 2008, the date he was
named an officer of SPX Corporation (i.e.,
Continuous Service shall commence as of such date) for purposes of determining
the amount of benefits payable to him under this Plan and (ii) as though
he were a participant in the SPX Qualified Plan for purposes of determining the
eligibility for benefits and the amount of benefits under the Plan.

 

34

 

Appendix
N

 

Special
Provisions for Jeremy W. Smeltser and J. Michael Whitted

 

Jeremy W. Smeltser and J. Michael Whitted will be
treated (i) as though they were participants in this Plan beginning on April 22,
2009, the date they were named officers of SPX Corporation (i.e., Continuous Service shall commence as
of such date) for purposes of determining the amount of benefits payable to
them under this Plan, (ii)  as though their Continuous Service commenced
as of April 22, 2009 for purposes of determining whether they are Vested
under this Plan, and (iii) as though they were participants in the SPX
Qualified Plan for purposes of determining the amount of benefits under the
Plan.

 

35

 

Appendix
O

 

Special
Provisions for Drew T. Ladau

 

If Drew T. Ladau is an Employee of the Company on January 1,
2010, he will become a participant in this Plan effective as of January 1,
2010, and he will be treated effective as of January 1, 2010 as though his
Continuous Service commenced on April 22, 2009, the date he was named an
officer of SPX Corporation, for purposes of determining the amount of benefits
payable to him under this Plan and for purposes of determining whether he is
Vested under this Plan.

 

36

 

TABLE
A

 

Table A

Factors to Convert a 100% Joint and
Survivor Annuity to a Life Annuity

 

Supplemental Retirement Plan for Top
Management

 

Equivalent Benefit Payable Under Single
Life Annuity Option for Each $1.00 Otherwise Payable

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  20

  	
   

  	
  21

  	
   

  	
  22

  	
   

  	
  23

  	
   

  	
  24

  	
   

  	
  25

  	
   

  	
  26

  	
   

  	
  27

  	
   

  	
  28

  	
   

  	
  29

  	
   

  
	
  20

  	
   

  	
  1.0486

  	
   

  	
  1.0469

  	
   

  	
  1.0451

  	
   

  	
  1.0434

  	
   

  	
  1.0417

  	
   

  	
  1.0400

  	
   

  	
  1.0383

  	
   

  	
  1.0367

  	
   

  	
  1.0351

  	
   

  	
  1.0336

  	
   

  
	
  21

  	
   

  	
  1.0524

  	
   

  	
  1.0506

  	
   

  	
  1.0487

  	
   

  	
  1.0469

  	
   

  	
  1.0451

  	
   

  	
  1.0433

  	
   

  	
  1.0415

  	
   

  	
  1.0398

  	
   

  	
  1.0381

  	
   

  	
  1.0364

  	
   

  
	
  22

  	
   

  	
  1.0565

  	
   

  	
  1.0546

  	
   

  	
  1.0526

  	
   

  	
  1.0507

  	
   

  	
  1.0487

  	
   

  	
  1.0468

  	
   

  	
  1.0450

  	
   

  	
  1.0431

  	
   

  	
  1.0413

  	
   

  	
  1.0395

  	
   

  
	
  23

  	
   

  	
  1.0609

  	
   

  	
  1.0589

  	
   

  	
  1.0568

  	
   

  	
  1.0547

  	
   

  	
  1.0527

  	
   

  	
  1.0507

  	
   

  	
  1.0487

  	
   

  	
  1.0467

  	
   

  	
  1.0448

  	
   

  	
  1.0429

  	
   

  
	
  24

  	
   

  	
  1.0656

  	
   

  	
  1.0635

  	
   

  	
  1.0613

  	
   

  	
  1.0591

  	
   

  	
  1.0570

  	
   

  	
  1.0548

  	
   

  	
  1.0527

  	
   

  	
  1.0506

  	
   

  	
  1.0486

  	
   

  	
  1.0465

  	
   

  
	
  25

  	
   

  	
  1.0707

  	
   

  	
  1.0684

  	
   

  	
  1.0661

  	
   

  	
  1.0639

  	
   

  	
  1.0616

  	
   

  	
  1.0593

  	
   

  	
  1.0571

  	
   

  	
  1.0549

  	
   

  	
  1.0527

  	
   

  	
  1.0505

  	
   

  
	
  26

  	
   

  	
  1.0761

  	
   

  	
  1.0737

  	
   

  	
  1.0713

  	
   

  	
  1.0689

  	
   

  	
  1.0665

  	
   

  	
  1.0642

  	
   

  	
  1.0618

  	
   

  	
  1.0594

  	
   

  	
  1.0571

  	
   

  	
  1.0548

  	
   

  
	
  27

  	
   

  	
  1.0819

  	
   

  	
  1.0794

  	
   

  	
  1.0769

  	
   

  	
  1.0744

  	
   

  	
  1.0719

  	
   

  	
  1.0694

  	
   

  	
  1.0668

  	
   

  	
  1.0644

  	
   

  	
  1.0619

  	
   

  	
  1.0594

  	
   

  
	
  28

  	
   

  	
  1.0880

  	
   

  	
  1.0855

  	
   

  	
  1.0828

  	
   

  	
  1.0802

  	
   

  	
  1.0776

  	
   

  	
  1.0749

  	
   

  	
  1.0723

  	
   

  	
  1.0697

  	
   

  	
  1.0670

  	
   

  	
  1.0644

  	
   

  
	
  29

  	
   

  	
  1.0946

  	
   

  	
  1.0919

  	
   

  	
  1.0892

  	
   

  	
  1.0865

  	
   

  	
  1.0837

  	
   

  	
  1.0809

  	
   

  	
  1.0782

  	
   

  	
  1.0754

  	
   

  	
  1.0726

  	
   

  	
  1.0699

  	
   

  
	
  30

  	
   

  	
  1.1017

  	
   

  	
  1.0989

  	
   

  	
  1.0960

  	
   

  	
  1.0932

  	
   

  	
  1.0903

  	
   

  	
  1.0874

  	
   

  	
  1.0845

  	
   

  	
  1.0816

  	
   

  	
  1.0786

  	
   

  	
  1.0757

  	
   

  
	
  31

  	
   

  	
  1.1092

  	
   

  	
  1.1063

  	
   

  	
  1.1033

  	
   

  	
  1.1003

  	
   

  	
  1.0973

  	
   

  	
  1.0943

  	
   

  	
  1.0912

  	
   

  	
  1.0882

  	
   

  	
  1.0851

  	
   

  	
  1.0820

  	
   

  
	
  32

  	
   

  	
  1.1172

  	
   

  	
  1.1142

  	
   

  	
  1.1111

  	
   

  	
  1.1080

  	
   

  	
  1.1049

  	
   

  	
  1.1017

  	
   

  	
  1.0985

  	
   

  	
  1.0953

  	
   

  	
  1.0921

  	
   

  	
  1.0888

  	
   

  
	
  33

  	
   

  	
  1.1257

  	
   

  	
  1.1226

  	
   

  	
  1.1194

  	
   

  	
  1.1162

  	
   

  	
  1.1129

  	
   

  	
  1.1096

  	
   

  	
  1.1063

  	
   

  	
  1.1029

  	
   

  	
  1.0995

  	
   

  	
  1.0961

  	
   

  
	
  34

  	
   

  	
  1.1347

  	
   

  	
  1.1315

  	
   

  	
  1.1283

  	
   

  	
  1.1249

  	
   

  	
  1.1215

  	
   

  	
  1.1181

  	
   

  	
  1.1146

  	
   

  	
  1.1111

  	
   

  	
  1.1076

  	
   

  	
  1.1040

  	
   

  
	
  35

  	
   

  	
  1.1444

  	
   

  	
  1.1411

  	
   

  	
  1.1377

  	
   

  	
  1.1342

  	
   

  	
  1.1307

  	
   

  	
  1.1272

  	
   

  	
  1.1235

  	
   

  	
  1.1199

  	
   

  	
  1.1162

  	
   

  	
  1.1125

  	
   

  
	
  36

  	
   

  	
  1.1547

  	
   

  	
  1.1513

  	
   

  	
  1.1478

  	
   

  	
  1.1442

  	
   

  	
  1.1406

  	
   

  	
  1.1369

  	
   

  	
  1.1331

  	
   

  	
  1.1293

  	
   

  	
  1.1254

  	
   

  	
  1.1215

  	
   

  
	
  37

  	
   

  	
  1.1656

  	
   

  	
  1.1621

  	
   

  	
  1.1585

  	
   

  	
  1.1548

  	
   

  	
  1.1510

  	
   

  	
  1.1472

  	
   

  	
  1.1433

  	
   

  	
  1.1393

  	
   

  	
  1.1353

  	
   

  	
  1.1312

  	
   

  
	
  38

  	
   

  	
  1.1773

  	
   

  	
  1.1737

  	
   

  	
  1.1699

  	
   

  	
  1.1661

  	
   

  	
  1.1622

  	
   

  	
  1.1583

  	
   

  	
  1.1542

  	
   

  	
  1.1501

  	
   

  	
  1.1459

  	
   

  	
  1.1417

  	
   

  
	
  39

  	
   

  	
  1.1897

  	
   

  	
  1.1860

  	
   

  	
  1.1821

  	
   

  	
  1.1782

  	
   

  	
  1.1742

  	
   

  	
  1.1701

  	
   

  	
  1.1659

  	
   

  	
  1.1616

  	
   

  	
  1.1572

  	
   

  	
  1.1528

  	
   

  
	
  40

  	
   

  	
  1.2029

  	
   

  	
  1.1991

  	
   

  	
  1.1951

  	
   

  	
  1.1911

  	
   

  	
  1.1869

  	
   

  	
  1.1827

  	
   

  	
  1.1783

  	
   

  	
  1.1739

  	
   

  	
  1.1694

  	
   

  	
  1.1648

  	
   

  
	
  41

  	
   

  	
  1.2170

  	
   

  	
  1.2130

  	
   

  	
  1.2090

  	
   

  	
  1.2048

  	
   

  	
  1.2005

  	
   

  	
  1.1961

  	
   

  	
  1.1916

  	
   

  	
  1.1871

  	
   

  	
  1.1824

  	
   

  	
  1.1776

  	
   

  
	
  42

  	
   

  	
  1.2320

  	
   

  	
  1.2279

  	
   

  	
  1.2237

  	
   

  	
  1.2194

  	
   

  	
  1.2150

  	
   

  	
  1.2105

  	
   

  	
  1.2059

  	
   

  	
  1.2011

  	
   

  	
  1.1963

  	
   

  	
  1.1913

  	
   

  
	
  43

  	
   

  	
  1.2478

  	
   

  	
  1.2437

  	
   

  	
  1.2394

  	
   

  	
  1.2350

  	
   

  	
  1.2304

  	
   

  	
  1.2257

  	
   

  	
  1.2210

  	
   

  	
  1.2161

  	
   

  	
  1.2110

  	
   

  	
  1.2059

  	
   

  
	
  44

  	
   

  	
  1.2647

  	
   

  	
  1.2604

  	
   

  	
  1.2560

  	
   

  	
  1.2514

  	
   

  	
  1.2467

  	
   

  	
  1.2419

  	
   

  	
  1.2370

  	
   

  	
  1.2319

  	
   

  	
  1.2267

  	
   

  	
  1.2214

  	
   

  
	
  45

  	
   

  	
  1.2825

  	
   

  	
  1.2781

  	
   

  	
  1.2735

  	
   

  	
  1.2689

  	
   

  	
  1.2640

  	
   

  	
  1.2591

  	
   

  	
  1.2540

  	
   

  	
  1.2488

  	
   

  	
  1.2434

  	
   

  	
  1.2379

  	
   

  
	
  46

  	
   

  	
  1.3012

  	
   

  	
  1.2967

  	
   

  	
  1.2921

  	
   

  	
  1.2873

  	
   

  	
  1.2823

  	
   

  	
  1.2772

  	
   

  	
  1.2720

  	
   

  	
  1.2666

  	
   

  	
  1.2611

  	
   

  	
  1.2554

  	
   

  
	
  47

  	
   

  	
  1.3211

  	
   

  	
  1.3165

  	
   

  	
  1.3117

  	
   

  	
  1.3067

  	
   

  	
  1.3016

  	
   

  	
  1.2964

  	
   

  	
  1.2910

  	
   

  	
  1.2854

  	
   

  	
  1.2797

  	
   

  	
  1.2739

  	
   

  
	
  48

  	
   

  	
  1.3420

  	
   

  	
  1.3373

  	
   

  	
  1.3324

  	
   

  	
  1.3273

  	
   

  	
  1.3221

  	
   

  	
  1.3167

  	
   

  	
  1.3111

  	
   

  	
  1.3054

  	
   

  	
  1.2995

  	
   

  	
  1.2934

  	
   

  
	
  49

  	
   

  	
  1.3641

  	
   

  	
  1.3593

  	
   

  	
  1.3542

  	
   

  	
  1.3490

  	
   

  	
  1.3436

  	
   

  	
  1.3381

  	
   

  	
  1.3324

  	
   

  	
  1.3265

  	
   

  	
  1.3204

  	
   

  	
  1.3141

  	
   

  
	
  50

  	
   

  	
  1.3875

  	
   

  	
  1.3825

  	
   

  	
  1.3773

  	
   

  	
  1.3720

  	
   

  	
  1.3664

  	
   

  	
  1.3607

  	
   

  	
  1.3548

  	
   

  	
  1.3488

  	
   

  	
  1.3425

  	
   

  	
  1.3360

  	
   

  
	
  51

  	
   

  	
  1.4122

  	
   

  	
  1.4070

  	
   

  	
  1.4017

  	
   

  	
  1.3962

  	
   

  	
  1.3905

  	
   

  	
  1.3847

  	
   

  	
  1.3786

  	
   

  	
  1.3724

  	
   

  	
  1.3659

  	
   

  	
  1.3593

  	
   

  
	
  52

  	
   

  	
  1.4383

  	
   

  	
  1.4330

  	
   

  	
  1.4276

  	
   

  	
  1.4219

  	
   

  	
  1.4161

  	
   

  	
  1.4100

  	
   

  	
  1.4038

  	
   

  	
  1.3974

  	
   

  	
  1.3907

  	
   

  	
  1.3838

  	
   

  
	
  53

  	
   

  	
  1.4659

  	
   

  	
  1.4605

  	
   

  	
  1.4549

  	
   

  	
  1.4491

  	
   

  	
  1.4431

  	
   

  	
  1.4369

  	
   

  	
  1.4305

  	
   

  	
  1.4239

  	
   

  	
  1.4170

  	
   

  	
  1.4099

  	
   

  
	
  54

  	
   

  	
  1.4953

  	
   

  	
  1.4897

  	
   

  	
  1.4840

  	
   

  	
  1.4780

  	
   

  	
  1.4718

  	
   

  	
  1.4654

  	
   

  	
  1.4588

  	
   

  	
  1.4520

  	
   

  	
  1.4450

  	
   

  	
  1.4377

  	
   

  
	
  55

  	
   

  	
  1.5264

  	
   

  	
  1.5207

  	
   

  	
  1.5148

  	
   

  	
  1.5087

  	
   

  	
  1.5023

  	
   

  	
  1.4958

  	
   

  	
  1.4890

  	
   

  	
  1.4819

  	
   

  	
  1.4747

  	
   

  	
  1.4672

  	
   

  
	
  56

  	
   

  	
  1.5596

  	
   

  	
  1.5538

  	
   

  	
  1.5477

  	
   

  	
  1.5414

  	
   

  	
  1.5349

  	
   

  	
  1.5281

  	
   

  	
  1.5211

  	
   

  	
  1.5138

  	
   

  	
  1.5063

  	
   

  	
  1.4986

  	
   

  
	
  57

  	
   

  	
  1.5950

  	
   

  	
  1.5890

  	
   

  	
  1.5828

  	
   

  	
  1.5763

  	
   

  	
  1.5695

  	
   

  	
  1.5626

  	
   

  	
  1.5554

  	
   

  	
  1.5479

  	
   

  	
  1.5402

  	
   

  	
  1.5322

  	
   

  
	
  58

  	
   

  	
  1.6329

  	
   

  	
  1.6267

  	
   

  	
  1.6203

  	
   

  	
  1.6136

  	
   

  	
  1.6067

  	
   

  	
  1.5995

  	
   

  	
  1.5920

  	
   

  	
  1.5843

  	
   

  	
  1.5764

  	
   

  	
  1.5681

  	
   

  
	
  59

  	
   

  	
  1.6735

  	
   

  	
  1.6671

  	
   

  	
  1.6605

  	
   

  	
  1.6536

  	
   

  	
  1.6464

  	
   

  	
  1.6390

  	
   

  	
  1.6314

  	
   

  	
  1.6234

  	
   

  	
  1.6152

  	
   

  	
  1.6067

  	
   

  
	
  60

  	
   

  	
  1.7171

  	
   

  	
  1.7105

  	
   

  	
  1.7036

  	
   

  	
  1.6965

  	
   

  	
  1.6892

  	
   

  	
  1.6815

  	
   

  	
  1.6736

  	
   

  	
  1.6654

  	
   

  	
  1.6569

  	
   

  	
  1.6481

  	
   

  
	
  61

  	
   

  	
  1.7639

  	
   

  	
  1.7571

  	
   

  	
  1.7501

  	
   

  	
  1.7427

  	
   

  	
  1.7351

  	
   

  	
  1.7273

  	
   

  	
  1.7191

  	
   

  	
  1.7106

  	
   

  	
  1.7018

  	
   

  	
  1.6927

  	
   

  
	
  62

  	
   

  	
  1.8144

  	
   

  	
  1.8073

  	
   

  	
  1.8001

  	
   

  	
  1.7925

  	
   

  	
  1.7846

  	
   

  	
  1.7765

  	
   

  	
  1.7680

  	
   

  	
  1.7593

  	
   

  	
  1.7502

  	
   

  	
  1.7407

  	
   

  
	
  63

  	
   

  	
  1.8687

  	
   

  	
  1.8614

  	
   

  	
  1.8539

  	
   

  	
  1.8461

  	
   

  	
  1.8379

  	
   

  	
  1.8295

  	
   

  	
  1.8208

  	
   

  	
  1.8117

  	
   

  	
  1.8023

  	
   

  	
  1.7925

  	
   

  
	
  64

  	
   

  	
  1.9271

  	
   

  	
  1.9196

  	
   

  	
  1.9118

  	
   

  	
  1.9037

  	
   

  	
  1.8953

  	
   

  	
  1.8866

  	
   

  	
  1.8775

  	
   

  	
  1.8681

  	
   

  	
  1.8584

  	
   

  	
  1.8482

  	
   

  
	
  65

  	
   

  	
  1.9900

  	
   

  	
  1.9822

  	
   

  	
  1.9741

  	
   

  	
  1.9657

  	
   

  	
  1.9570

  	
   

  	
  1.9480

  	
   

  	
  1.9386

  	
   

  	
  1.9288

  	
   

  	
  1.9187

  	
   

  	
  1.9082

  	
   

  
	
  66

  	
   

  	
  2.0574

  	
   

  	
  2.0493

  	
   

  	
  2.0409

  	
   

  	
  2.0322

  	
   

  	
  2.0232

  	
   

  	
  2.0138

  	
   

  	
  2.0040

  	
   

  	
  1.9939

  	
   

  	
  1.9834

  	
   

  	
  1.9725

  	
   

  
	
  67

  	
   

  	
  2.1294

  	
   

  	
  2.1210

  	
   

  	
  2.1123

  	
   

  	
  2.1033

  	
   

  	
  2.0939

  	
   

  	
  2.0841

  	
   

  	
  2.0740

  	
   

  	
  2.0635

  	
   

  	
  2.0525

  	
   

  	
  2.0412

  	
   

  
	
  68

  	
   

  	
  2.2066

  	
   

  	
  2.1979

  	
   

  	
  2.1888

  	
   

  	
  2.1794

  	
   

  	
  2.1697

  	
   

  	
  2.1595

  	
   

  	
  2.1490

  	
   

  	
  2.1381

  	
   

  	
  2.1267

  	
   

  	
  2.1149

  	
   

  
	
  69

  	
   

  	
  2.2900

  	
   

  	
  2.2809

  	
   

  	
  2.2715

  	
   

  	
  2.2617

  	
   

  	
  2.2516

  	
   

  	
  2.2410

  	
   

  	
  2.2301

  	
   

  	
  2.2187

  	
   

  	
  2.2068

  	
   

  	
  2.1946

  	
   

  
	
  70

  	
   

  	
  2.3806

  	
   

  	
  2.3711

  	
   

  	
  2.3613

  	
   

  	
  2.3511

  	
   

  	
  2.3406

  	
   

  	
  2.3296

  	
   

  	
  2.3181

  	
   

  	
  2.3062

  	
   

  	
  2.2939

  	
   

  	
  2.2811

  	
   

  

 

37

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  30

  	
   

  	
  31

  	
   

  	
  32

  	
   

  	
  33

  	
   

  	
  34

  	
   

  	
  35

  	
   

  	
  36

  	
   

  	
  37

  	
   

  	
  38

  	
   

  	
  39

  	
   

  
	
  20

  	
   

  	
  1.0321

  	
   

  	
  1.0306

  	
   

  	
  1.0292

  	
   

  	
  1.0278

  	
   

  	
  1.0264

  	
   

  	
  1.0251

  	
   

  	
  1.0238

  	
   

  	
  1.0226

  	
   

  	
  1.0214

  	
   

  	
  1.0203

  	
   

  
	
  21

  	
   

  	
  1.0348

  	
   

  	
  1.0332

  	
   

  	
  1.0317

  	
   

  	
  1.0302

  	
   

  	
  1.0287

  	
   

  	
  1.0273

  	
   

  	
  1.0259

  	
   

  	
  1.0246

  	
   

  	
  1.0233

  	
   

  	
  1.0221

  	
   

  
	
  22

  	
   

  	
  1.0378

  	
   

  	
  1.0361

  	
   

  	
  1.0344

  	
   

  	
  1.0328

  	
   

  	
  1.0312

  	
   

  	
  1.0297

  	
   

  	
  1.0282

  	
   

  	
  1.0267

  	
   

  	
  1.0254

  	
   

  	
  1.0240

  	
   

  
	
  23

  	
   

  	
  1.0410

  	
   

  	
  1.0392

  	
   

  	
  1.0374

  	
   

  	
  1.0356

  	
   

  	
  1.0339

  	
   

  	
  1.0323

  	
   

  	
  1.0307

  	
   

  	
  1.0291

  	
   

  	
  1.0276

  	
   

  	
  1.0262

  	
   

  
	
  24

  	
   

  	
  1.0445

  	
   

  	
  1.0426

  	
   

  	
  1.0406

  	
   

  	
  1.0388

  	
   

  	
  1.0369

  	
   

  	
  1.0351

  	
   

  	
  1.0334

  	
   

  	
  1.0317

  	
   

  	
  1.0301

  	
   

  	
  1.0285

  	
   

  
	
  25

  	
   

  	
  1.0483

  	
   

  	
  1.0462

  	
   

  	
  1.0442

  	
   

  	
  1.0422

  	
   

  	
  1.0402

  	
   

  	
  1.0383

  	
   

  	
  1.0364

  	
   

  	
  1.0346

  	
   

  	
  1.0328

  	
   

  	
  1.0311

  	
   

  
	
  26

  	
   

  	
  1.0525

  	
   

  	
  1.0502

  	
   

  	
  1.0480

  	
   

  	
  1.0459

  	
   

  	
  1.0438

  	
   

  	
  1.0417

  	
   

  	
  1.0397

  	
   

  	
  1.0377

  	
   

  	
  1.0358

  	
   

  	
  1.0340

  	
   

  
	
  27

  	
   

  	
  1.0570

  	
   

  	
  1.0546

  	
   

  	
  1.0522

  	
   

  	
  1.0499

  	
   

  	
  1.0476

  	
   

  	
  1.0454

  	
   

  	
  1.0433

  	
   

  	
  1.0411

  	
   

  	
  1.0391

  	
   

  	
  1.0371

  	
   

  
	
  28

  	
   

  	
  1.0619

  	
   

  	
  1.0593

  	
   

  	
  1.0568

  	
   

  	
  1.0543

  	
   

  	
  1.0519

  	
   

  	
  1.0495

  	
   

  	
  1.0472

  	
   

  	
  1.0449

  	
   

  	
  1.0427

  	
   

  	
  1.0405

  	
   

  
	
  29

  	
   

  	
  1.0671

  	
   

  	
  1.0644

  	
   

  	
  1.0617

  	
   

  	
  1.0591

  	
   

  	
  1.0565

  	
   

  	
  1.0539

  	
   

  	
  1.0514

  	
   

  	
  1.0490

  	
   

  	
  1.0466

  	
   

  	
  1.0443

  	
   

  
	
  30

  	
   

  	
  1.0728

  	
   

  	
  1.0700

  	
   

  	
  1.0671

  	
   

  	
  1.0643

  	
   

  	
  1.0615

  	
   

  	
  1.0588

  	
   

  	
  1.0561

  	
   

  	
  1.0534

  	
   

  	
  1.0509

  	
   

  	
  1.0484

  	
   

  
	
  31

  	
   

  	
  1.0790

  	
   

  	
  1.0759

  	
   

  	
  1.0729

  	
   

  	
  1.0699

  	
   

  	
  1.0669

  	
   

  	
  1.0640

  	
   

  	
  1.0611

  	
   

  	
  1.0583

  	
   

  	
  1.0556

  	
   

  	
  1.0528

  	
   

  
	
  32

  	
   

  	
  1.0856

  	
   

  	
  1.0824

  	
   

  	
  1.0792

  	
   

  	
  1.0760

  	
   

  	
  1.0728

  	
   

  	
  1.0697

  	
   

  	
  1.0667

  	
   

  	
  1.0636

  	
   

  	
  1.0607

  	
   

  	
  1.0578

  	
   

  
	
  33

  	
   

  	
  1.0927

  	
   

  	
  1.0893

  	
   

  	
  1.0860

  	
   

  	
  1.0826

  	
   

  	
  1.0792

  	
   

  	
  1.0759

  	
   

  	
  1.0726

  	
   

  	
  1.0694

  	
   

  	
  1.0662

  	
   

  	
  1.0631

  	
   

  
	
  34

  	
   

  	
  1.1004

  	
   

  	
  1.0969

  	
   

  	
  1.0933

  	
   

  	
  1.0897

  	
   

  	
  1.0862

  	
   

  	
  1.0826

  	
   

  	
  1.0791

  	
   

  	
  1.0757

  	
   

  	
  1.0723

  	
   

  	
  1.0689

  	
   

  
	
  35

  	
   

  	
  1.1087

  	
   

  	
  1.1049

  	
   

  	
  1.1012

  	
   

  	
  1.0974

  	
   

  	
  1.0936

  	
   

  	
  1.0899

  	
   

  	
  1.0862

  	
   

  	
  1.0825

  	
   

  	
  1.0789

  	
   

  	
  1.0753

  	
   

  
	
  36

  	
   

  	
  1.1176

  	
   

  	
  1.1136

  	
   

  	
  1.1097

  	
   

  	
  1.1057

  	
   

  	
  1.1017

  	
   

  	
  1.0978

  	
   

  	
  1.0938

  	
   

  	
  1.0899

  	
   

  	
  1.0860

  	
   

  	
  1.0822

  	
   

  
	
  37

  	
   

  	
  1.1271

  	
   

  	
  1.1230

  	
   

  	
  1.1188

  	
   

  	
  1.1146

  	
   

  	
  1.1104

  	
   

  	
  1.1063

  	
   

  	
  1.1021

  	
   

  	
  1.0979

  	
   

  	
  1.0938

  	
   

  	
  1.0897

  	
   

  
	
  38

  	
   

  	
  1.1374

  	
   

  	
  1.1330

  	
   

  	
  1.1287

  	
   

  	
  1.1243

  	
   

  	
  1.1199

  	
   

  	
  1.1154

  	
   

  	
  1.1110

  	
   

  	
  1.1066

  	
   

  	
  1.1023

  	
   

  	
  1.0979

  	
   

  
	
  39

  	
   

  	
  1.1484

  	
   

  	
  1.1438

  	
   

  	
  1.1392

  	
   

  	
  1.1346

  	
   

  	
  1.1300

  	
   

  	
  1.1253

  	
   

  	
  1.1207

  	
   

  	
  1.1160

  	
   

  	
  1.1114

  	
   

  	
  1.1068

  	
   

  
	
  40

  	
   

  	
  1.1601

  	
   

  	
  1.1554

  	
   

  	
  1.1506

  	
   

  	
  1.1458

  	
   

  	
  1.1409

  	
   

  	
  1.1360

  	
   

  	
  1.1311

  	
   

  	
  1.1262

  	
   

  	
  1.1213

  	
   

  	
  1.1164

  	
   

  
	
  41

  	
   

  	
  1.1728

  	
   

  	
  1.1678

  	
   

  	
  1.1628

  	
   

  	
  1.1578

  	
   

  	
  1.1527

  	
   

  	
  1.1475

  	
   

  	
  1.1424

  	
   

  	
  1.1372

  	
   

  	
  1.1320

  	
   

  	
  1.1268

  	
   

  
	
  42

  	
   

  	
  1.1863

  	
   

  	
  1.1811

  	
   

  	
  1.1759

  	
   

  	
  1.1707

  	
   

  	
  1.1653

  	
   

  	
  1.1599

  	
   

  	
  1.1545

  	
   

  	
  1.1490

  	
   

  	
  1.1436

  	
   

  	
  1.1381

  	
   

  
	
  43

  	
   

  	
  1.2007

  	
   

  	
  1.1953

  	
   

  	
  1.1899

  	
   

  	
  1.1844

  	
   

  	
  1.1788

  	
   

  	
  1.1732

  	
   

  	
  1.1675

  	
   

  	
  1.1618

  	
   

  	
  1.1560

  	
   

  	
  1.1502

  	
   

  
	
  44

  	
   

  	
  1.2160

  	
   

  	
  1.2105

  	
   

  	
  1.2048

  	
   

  	
  1.1991

  	
   

  	
  1.1933

  	
   

  	
  1.1874

  	
   

  	
  1.1814

  	
   

  	
  1.1754

  	
   

  	
  1.1693

  	
   

  	
  1.1632

  	
   

  
	
  45

  	
   

  	
  1.2323

  	
   

  	
  1.2265

  	
   

  	
  1.2207

  	
   

  	
  1.2147

  	
   

  	
  1.2086

  	
   

  	
  1.2025

  	
   

  	
  1.1962

  	
   

  	
  1.1899

  	
   

  	
  1.1836

  	
   

  	
  1.1772

  	
   

  
	
  46

  	
   

  	
  1.2496

  	
   

  	
  1.2436

  	
   

  	
  1.2375

  	
   

  	
  1.2313

  	
   

  	
  1.2250

  	
   

  	
  1.2186

  	
   

  	
  1.2121

  	
   

  	
  1.2054

  	
   

  	
  1.1988

  	
   

  	
  1.1920

  	
   

  
	
  47

  	
   

  	
  1.2678

  	
   

  	
  1.2617

  	
   

  	
  1.2554

  	
   

  	
  1.2489

  	
   

  	
  1.2424

  	
   

  	
  1.2357

  	
   

  	
  1.2289

  	
   

  	
  1.2220

  	
   

  	
  1.2150

  	
   

  	
  1.2079

  	
   

  
	
  48

  	
   

  	
  1.2872

  	
   

  	
  1.2808

  	
   

  	
  1.2743

  	
   

  	
  1.2676

  	
   

  	
  1.2608

  	
   

  	
  1.2538

  	
   

  	
  1.2467

  	
   

  	
  1.2395

  	
   

  	
  1.2322

  	
   

  	
  1.2248

  	
   

  
	
  49

  	
   

  	
  1.3077

  	
   

  	
  1.3011

  	
   

  	
  1.2944

  	
   

  	
  1.2874

  	
   

  	
  1.2803

  	
   

  	
  1.2731

  	
   

  	
  1.2657

  	
   

  	
  1.2582

  	
   

  	
  1.2506

  	
   

  	
  1.2428

  	
   

  
	
  50

  	
   

  	
  1.3294

  	
   

  	
  1.3226

  	
   

  	
  1.3156

  	
   

  	
  1.3084

  	
   

  	
  1.3011

  	
   

  	
  1.2936

  	
   

  	
  1.2859

  	
   

  	
  1.2781

  	
   

  	
  1.2701

  	
   

  	
  1.2620

  	
   

  
	
  51

  	
   

  	
  1.3524

  	
   

  	
  1.3454

  	
   

  	
  1.3381

  	
   

  	
  1.3307

  	
   

  	
  1.3231

  	
   

  	
  1.3153

  	
   

  	
  1.3073

  	
   

  	
  1.2992

  	
   

  	
  1.2909

  	
   

  	
  1.2824

  	
   

  
	
  52

  	
   

  	
  1.3768

  	
   

  	
  1.3695

  	
   

  	
  1.3620

  	
   

  	
  1.3543

  	
   

  	
  1.3465

  	
   

  	
  1.3384

  	
   

  	
  1.3301

  	
   

  	
  1.3216

  	
   

  	
  1.3130

  	
   

  	
  1.3042

  	
   

  
	
  53

  	
   

  	
  1.4027

  	
   

  	
  1.3951

  	
   

  	
  1.3874

  	
   

  	
  1.3795

  	
   

  	
  1.3713

  	
   

  	
  1.3629

  	
   

  	
  1.3543

  	
   

  	
  1.3455

  	
   

  	
  1.3365

  	
   

  	
  1.3274

  	
   

  
	
  54

  	
   

  	
  1.4301

  	
   

  	
  1.4224

  	
   

  	
  1.4144

  	
   

  	
  1.4062

  	
   

  	
  1.3977

  	
   

  	
  1.3890

  	
   

  	
  1.3801

  	
   

  	
  1.3710

  	
   

  	
  1.3617

  	
   

  	
  1.3521

  	
   

  
	
  55

  	
   

  	
  1.4594

  	
   

  	
  1.4514

  	
   

  	
  1.4431

  	
   

  	
  1.4346

  	
   

  	
  1.4259

  	
   

  	
  1.4169

  	
   

  	
  1.4077

  	
   

  	
  1.3982

  	
   

  	
  1.3885

  	
   

  	
  1.3785

  	
   

  
	
  56

  	
   

  	
  1.4906

  	
   

  	
  1.4823

  	
   

  	
  1.4738

  	
   

  	
  1.4650

  	
   

  	
  1.4560

  	
   

  	
  1.4466

  	
   

  	
  1.4371

  	
   

  	
  1.4272

  	
   

  	
  1.4172

  	
   

  	
  1.4068

  	
   

  
	
  57

  	
   

  	
  1.5239

  	
   

  	
  1.5154

  	
   

  	
  1.5066

  	
   

  	
  1.4975

  	
   

  	
  1.4881

  	
   

  	
  1.4785

  	
   

  	
  1.4685

  	
   

  	
  1.4583

  	
   

  	
  1.4479

  	
   

  	
  1.4371

  	
   

  
	
  58

  	
   

  	
  1.5596

  	
   

  	
  1.5508

  	
   

  	
  1.5417

  	
   

  	
  1.5323

  	
   

  	
  1.5226

  	
   

  	
  1.5126

  	
   

  	
  1.5023

  	
   

  	
  1.4917

  	
   

  	
  1.4808

  	
   

  	
  1.4697

  	
   

  
	
  59

  	
   

  	
  1.5979

  	
   

  	
  1.5887

  	
   

  	
  1.5793

  	
   

  	
  1.5696

  	
   

  	
  1.5596

  	
   

  	
  1.5492

  	
   

  	
  1.5385

  	
   

  	
  1.5276

  	
   

  	
  1.5163

  	
   

  	
  1.5047

  	
   

  
	
  60

  	
   

  	
  1.6390

  	
   

  	
  1.6296

  	
   

  	
  1.6198

  	
   

  	
  1.6098

  	
   

  	
  1.5994

  	
   

  	
  1.5886

  	
   

  	
  1.5776

  	
   

  	
  1.5662

  	
   

  	
  1.5544

  	
   

  	
  1.5424

  	
   

  
	
  61

  	
   

  	
  1.6833

  	
   

  	
  1.6735

  	
   

  	
  1.6634

  	
   

  	
  1.6530

  	
   

  	
  1.6422

  	
   

  	
  1.6311

  	
   

  	
  1.6196

  	
   

  	
  1.6078

  	
   

  	
  1.5956

  	
   

  	
  1.5830

  	
   

  
	
  62

  	
   

  	
  1.7310

  	
   

  	
  1.7209

  	
   

  	
  1.7104

  	
   

  	
  1.6996

  	
   

  	
  1.6884

  	
   

  	
  1.6769

  	
   

  	
  1.6650

  	
   

  	
  1.6527

  	
   

  	
  1.6400

  	
   

  	
  1.6270

  	
   

  
	
  63

  	
   

  	
  1.7824

  	
   

  	
  1.7719

  	
   

  	
  1.7611

  	
   

  	
  1.7499

  	
   

  	
  1.7383

  	
   

  	
  1.7263

  	
   

  	
  1.7139

  	
   

  	
  1.7011

  	
   

  	
  1.6879

  	
   

  	
  1.6743

  	
   

  
	
  64

  	
   

  	
  1.8378

  	
   

  	
  1.8269

  	
   

  	
  1.8156

  	
   

  	
  1.8040

  	
   

  	
  1.7919

  	
   

  	
  1.7795

  	
   

  	
  1.7666

  	
   

  	
  1.7533

  	
   

  	
  1.7396

  	
   

  	
  1.7255

  	
   

  
	
  65

  	
   

  	
  1.8973

  	
   

  	
  1.8860

  	
   

  	
  1.8743

  	
   

  	
  1.8622

  	
   

  	
  1.8497

  	
   

  	
  1.8368

  	
   

  	
  1.8234

  	
   

  	
  1.8095

  	
   

  	
  1.7952

  	
   

  	
  1.7805

  	
   

  
	
  66

  	
   

  	
  1.9612

  	
   

  	
  1.9495

  	
   

  	
  1.9373

  	
   

  	
  1.9247

  	
   

  	
  1.9117

  	
   

  	
  1.8982

  	
   

  	
  1.8843

  	
   

  	
  1.8699

  	
   

  	
  1.8550

  	
   

  	
  1.8396

  	
   

  
	
  67

  	
   

  	
  2.0295

  	
   

  	
  2.0173

  	
   

  	
  2.0046

  	
   

  	
  1.9915

  	
   

  	
  1.9780

  	
   

  	
  1.9640

  	
   

  	
  1.9494

  	
   

  	
  1.9344

  	
   

  	
  1.9189

  	
   

  	
  1.9029

  	
   

  
	
  68

  	
   

  	
  2.1027

  	
   

  	
  2.0900

  	
   

  	
  2.0768

  	
   

  	
  2.0632

  	
   

  	
  2.0491

  	
   

  	
  2.0345

  	
   

  	
  2.0193

  	
   

  	
  2.0037

  	
   

  	
  1.9875

  	
   

  	
  1.9708

  	
   

  
	
  69

  	
   

  	
  2.1818

  	
   

  	
  2.1686

  	
   

  	
  2.1549

  	
   

  	
  2.1407

  	
   

  	
  2.1260

  	
   

  	
  2.1107

  	
   

  	
  2.0949

  	
   

  	
  2.0786

  	
   

  	
  2.0617

  	
   

  	
  2.0442

  	
   

  
	
  70

  	
   

  	
  2.2678

  	
   

  	
  2.2540

  	
   

  	
  2.2397

  	
   

  	
  2.2249

  	
   

  	
  2.2095

  	
   

  	
  2.1936

  	
   

  	
  2.1771

  	
   

  	
  2.1600

  	
   

  	
  2.1423

  	
   

  	
  2.1241

  	
   

  

 

38

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  40

  	
   

  	
  41

  	
   

  	
  42

  	
   

  	
  43

  	
   

  	
  44

  	
   

  	
  45

  	
   

  	
  46

  	
   

  	
  47

  	
   

  	
  48

  	
   

  	
  49

  	
   

  
	
  20

  	
   

  	
  1.0192

  	
   

  	
  1.0182

  	
   

  	
  1.0172

  	
   

  	
  1.0162

  	
   

  	
  1.0153

  	
   

  	
  1.0144

  	
   

  	
  1.0136

  	
   

  	
  1.0128

  	
   

  	
  1.0120

  	
   

  	
  1.0113

  	
   

  
	
  21

  	
   

  	
  1.0209

  	
   

  	
  1.0198

  	
   

  	
  1.0187

  	
   

  	
  1.0176

  	
   

  	
  1.0166

  	
   

  	
  1.0156

  	
   

  	
  1.0147

  	
   

  	
  1.0139

  	
   

  	
  1.0130

  	
   

  	
  1.0122

  	
   

  
	
  22

  	
   

  	
  1.0227

  	
   

  	
  1.0215

  	
   

  	
  1.0203

  	
   

  	
  1.0192

  	
   

  	
  1.0181

  	
   

  	
  1.0170

  	
   

  	
  1.0160

  	
   

  	
  1.0151

  	
   

  	
  1.0141

  	
   

  	
  1.0133

  	
   

  
	
  23

  	
   

  	
  1.0248

  	
   

  	
  1.0234

  	
   

  	
  1.0221

  	
   

  	
  1.0209

  	
   

  	
  1.0197

  	
   

  	
  1.0185

  	
   

  	
  1.0174

  	
   

  	
  1.0164

  	
   

  	
  1.0154

  	
   

  	
  1.0144

  	
   

  
	
  24

  	
   

  	
  1.0270

  	
   

  	
  1.0255

  	
   

  	
  1.0241

  	
   

  	
  1.0228

  	
   

  	
  1.0215

  	
   

  	
  1.0202

  	
   

  	
  1.0190

  	
   

  	
  1.0179

  	
   

  	
  1.0168

  	
   

  	
  1.0157

  	
   

  
	
  25

  	
   

  	
  1.0295

  	
   

  	
  1.0279

  	
   

  	
  1.0263

  	
   

  	
  1.0249

  	
   

  	
  1.0234

  	
   

  	
  1.0221

  	
   

  	
  1.0208

  	
   

  	
  1.0195

  	
   

  	
  1.0183

  	
   

  	
  1.0172

  	
   

  
	
  26

  	
   

  	
  1.0322

  	
   

  	
  1.0304

  	
   

  	
  1.0288

  	
   

  	
  1.0272

  	
   

  	
  1.0256

  	
   

  	
  1.0241

  	
   

  	
  1.0227

  	
   

  	
  1.0213

  	
   

  	
  1.0200

  	
   

  	
  1.0188

  	
   

  
	
  27

  	
   

  	
  1.0351

  	
   

  	
  1.0333

  	
   

  	
  1.0315

  	
   

  	
  1.0297

  	
   

  	
  1.0280

  	
   

  	
  1.0264

  	
   

  	
  1.0248

  	
   

  	
  1.0233

  	
   

  	
  1.0219

  	
   

  	
  1.0206

  	
   

  
	
  28

  	
   

  	
  1.0384

  	
   

  	
  1.0364

  	
   

  	
  1.0344

  	
   

  	
  1.0325

  	
   

  	
  1.0307

  	
   

  	
  1.0289

  	
   

  	
  1.0272

  	
   

  	
  1.0256

  	
   

  	
  1.0240

  	
   

  	
  1.0225

  	
   

  
	
  29

  	
   

  	
  1.0420

  	
   

  	
  1.0398

  	
   

  	
  1.0377

  	
   

  	
  1.0356

  	
   

  	
  1.0336

  	
   

  	
  1.0317

  	
   

  	
  1.0298

  	
   

  	
  1.0280

  	
   

  	
  1.0263

  	
   

  	
  1.0247

  	
   

  
	
  30

  	
   

  	
  1.0459

  	
   

  	
  1.0435

  	
   

  	
  1.0412

  	
   

  	
  1.0390

  	
   

  	
  1.0368

  	
   

  	
  1.0347

  	
   

  	
  1.0327

  	
   

  	
  1.0308

  	
   

  	
  1.0289

  	
   

  	
  1.0271

  	
   

  
	
  31

  	
   

  	
  1.0502

  	
   

  	
  1.0476

  	
   

  	
  1.0451

  	
   

  	
  1.0427

  	
   

  	
  1.0404

  	
   

  	
  1.0381

  	
   

  	
  1.0359

  	
   

  	
  1.0338

  	
   

  	
  1.0318

  	
   

  	
  1.0298

  	
   

  
	
  32

  	
   

  	
  1.0549

  	
   

  	
  1.0521

  	
   

  	
  1.0494

  	
   

  	
  1.0468

  	
   

  	
  1.0443

  	
   

  	
  1.0418

  	
   

  	
  1.0394

  	
   

  	
  1.0371

  	
   

  	
  1.0349

  	
   

  	
  1.0328

  	
   

  
	
  33

  	
   

  	
  1.0600

  	
   

  	
  1.0571

  	
   

  	
  1.0541

  	
   

  	
  1.0513

  	
   

  	
  1.0486

  	
   

  	
  1.0459

  	
   

  	
  1.0433

  	
   

  	
  1.0408

  	
   

  	
  1.0384

  	
   

  	
  1.0361

  	
   

  
	
  34

  	
   

  	
  1.0657

  	
   

  	
  1.0624

  	
   

  	
  1.0593

  	
   

  	
  1.0562

  	
   

  	
  1.0533

  	
   

  	
  1.0504

  	
   

  	
  1.0476

  	
   

  	
  1.0448

  	
   

  	
  1.0422

  	
   

  	
  1.0397

  	
   

  
	
  35

  	
   

  	
  1.0718

  	
   

  	
  1.0683

  	
   

  	
  1.0649

  	
   

  	
  1.0616

  	
   

  	
  1.0584

  	
   

  	
  1.0553

  	
   

  	
  1.0523

  	
   

  	
  1.0493

  	
   

  	
  1.0465

  	
   

  	
  1.0437

  	
   

  
	
  36

  	
   

  	
  1.0785

  	
   

  	
  1.0748

  	
   

  	
  1.0711

  	
   

  	
  1.0676

  	
   

  	
  1.0641

  	
   

  	
  1.0607

  	
   

  	
  1.0574

  	
   

  	
  1.0542

  	
   

  	
  1.0511

  	
   

  	
  1.0481

  	
   

  
	
  37

  	
   

  	
  1.0857

  	
   

  	
  1.0818

  	
   

  	
  1.0779

  	
   

  	
  1.0740

  	
   

  	
  1.0703

  	
   

  	
  1.0666

  	
   

  	
  1.0631

  	
   

  	
  1.0596

  	
   

  	
  1.0563

  	
   

  	
  1.0530

  	
   

  
	
  38

  	
   

  	
  1.0936

  	
   

  	
  1.0894

  	
   

  	
  1.0852

  	
   

  	
  1.0811

  	
   

  	
  1.0771

  	
   

  	
  1.0731

  	
   

  	
  1.0693

  	
   

  	
  1.0655

  	
   

  	
  1.0619

  	
   

  	
  1.0584

  	
   

  
	
  39

  	
   

  	
  1.1022

  	
   

  	
  1.0977

  	
   

  	
  1.0932

  	
   

  	
  1.0888

  	
   

  	
  1.0845

  	
   

  	
  1.0803

  	
   

  	
  1.0761

  	
   

  	
  1.0721

  	
   

  	
  1.0681

  	
   

  	
  1.0643

  	
   

  
	
  40

  	
   

  	
  1.1115

  	
   

  	
  1.1067

  	
   

  	
  1.1019

  	
   

  	
  1.0972

  	
   

  	
  1.0926

  	
   

  	
  1.0880

  	
   

  	
  1.0836

  	
   

  	
  1.0792

  	
   

  	
  1.0750

  	
   

  	
  1.0708

  	
   

  
	
  41

  	
   

  	
  1.1217

  	
   

  	
  1.1165

  	
   

  	
  1.1114

  	
   

  	
  1.1064

  	
   

  	
  1.1014

  	
   

  	
  1.0966

  	
   

  	
  1.0918

  	
   

  	
  1.0871

  	
   

  	
  1.0825

  	
   

  	
  1.0780

  	
   

  
	
  42

  	
   

  	
  1.1326

  	
   

  	
  1.1272

  	
   

  	
  1.1218

  	
   

  	
  1.1164

  	
   

  	
  1.1111

  	
   

  	
  1.1058

  	
   

  	
  1.1007

  	
   

  	
  1.0956

  	
   

  	
  1.0907

  	
   

  	
  1.0858

  	
   

  
	
  43

  	
   

  	
  1.1444

  	
   

  	
  1.1386

  	
   

  	
  1.1329

  	
   

  	
  1.1272

  	
   

  	
  1.1215

  	
   

  	
  1.1159

  	
   

  	
  1.1104

  	
   

  	
  1.1050

  	
   

  	
  1.0996

  	
   

  	
  1.0944

  	
   

  
	
  44

  	
   

  	
  1.1571

  	
   

  	
  1.1510

  	
   

  	
  1.1449

  	
   

  	
  1.1388

  	
   

  	
  1.1328

  	
   

  	
  1.1268

  	
   

  	
  1.1209

  	
   

  	
  1.1151

  	
   

  	
  1.1093

  	
   

  	
  1.1037

  	
   

  
	
  45

  	
   

  	
  1.1707

  	
   

  	
  1.1642

  	
   

  	
  1.1578

  	
   

  	
  1.1513

  	
   

  	
  1.1449

  	
   

  	
  1.1385

  	
   

  	
  1.1322

  	
   

  	
  1.1260

  	
   

  	
  1.1198

  	
   

  	
  1.1138

  	
   

  
	
  46

  	
   

  	
  1.1852

  	
   

  	
  1.1784

  	
   

  	
  1.1716

  	
   

  	
  1.1648

  	
   

  	
  1.1580

  	
   

  	
  1.1512

  	
   

  	
  1.1444

  	
   

  	
  1.1378

  	
   

  	
  1.1312

  	
   

  	
  1.1247

  	
   

  
	
  47

  	
   

  	
  1.2008

  	
   

  	
  1.1936

  	
   

  	
  1.1864

  	
   

  	
  1.1792

  	
   

  	
  1.1719

  	
   

  	
  1.1647

  	
   

  	
  1.1576

  	
   

  	
  1.1505

  	
   

  	
  1.1434

  	
   

  	
  1.1365

  	
   

  
	
  48

  	
   

  	
  1.2173

  	
   

  	
  1.2098

  	
   

  	
  1.2022

  	
   

  	
  1.1946

  	
   

  	
  1.1869

  	
   

  	
  1.1793

  	
   

  	
  1.1717

  	
   

  	
  1.1641

  	
   

  	
  1.1566

  	
   

  	
  1.1492

  	
   

  
	
  49

  	
   

  	
  1.2350

  	
   

  	
  1.2271

  	
   

  	
  1.2191

  	
   

  	
  1.2110

  	
   

  	
  1.2030

  	
   

  	
  1.1949

  	
   

  	
  1.1868

  	
   

  	
  1.1788

  	
   

  	
  1.1708

  	
   

  	
  1.1628

  	
   

  
	
  50

  	
   

  	
  1.2538

  	
   

  	
  1.2455

  	
   

  	
  1.2371

  	
   

  	
  1.2286

  	
   

  	
  1.2201

  	
   

  	
  1.2116

  	
   

  	
  1.2030

  	
   

  	
  1.1945

  	
   

  	
  1.1860

  	
   

  	
  1.1775

  	
   

  
	
  51

  	
   

  	
  1.2739

  	
   

  	
  1.2651

  	
   

  	
  1.2563

  	
   

  	
  1.2474

  	
   

  	
  1.2385

  	
   

  	
  1.2295

  	
   

  	
  1.2204

  	
   

  	
  1.2114

  	
   

  	
  1.2023

  	
   

  	
  1.1933

  	
   

  
	
  52

  	
   

  	
  1.2952

  	
   

  	
  1.2861

  	
   

  	
  1.2769

  	
   

  	
  1.2676

  	
   

  	
  1.2581

  	
   

  	
  1.2486

  	
   

  	
  1.2391

  	
   

  	
  1.2295

  	
   

  	
  1.2199

  	
   

  	
  1.2104

  	
   

  
	
  53

  	
   

  	
  1.3180

  	
   

  	
  1.3085

  	
   

  	
  1.2989

  	
   

  	
  1.2891

  	
   

  	
  1.2792

  	
   

  	
  1.2692

  	
   

  	
  1.2591

  	
   

  	
  1.2490

  	
   

  	
  1.2389

  	
   

  	
  1.2287

  	
   

  
	
  54

  	
   

  	
  1.3424

  	
   

  	
  1.3324

  	
   

  	
  1.3223

  	
   

  	
  1.3121

  	
   

  	
  1.3017

  	
   

  	
  1.2912

  	
   

  	
  1.2806

  	
   

  	
  1.2699

  	
   

  	
  1.2592

  	
   

  	
  1.2485

  	
   

  
	
  55

  	
   

  	
  1.3684

  	
   

  	
  1.3580

  	
   

  	
  1.3475

  	
   

  	
  1.3368

  	
   

  	
  1.3259

  	
   

  	
  1.3148

  	
   

  	
  1.3037

  	
   

  	
  1.2925

  	
   

  	
  1.2811

  	
   

  	
  1.2698

  	
   

  
	
  56

  	
   

  	
  1.3963

  	
   

  	
  1.3855

  	
   

  	
  1.3744

  	
   

  	
  1.3632

  	
   

  	
  1.3518

  	
   

  	
  1.3403

  	
   

  	
  1.3285

  	
   

  	
  1.3167

  	
   

  	
  1.3048

  	
   

  	
  1.2928

  	
   

  
	
  57

  	
   

  	
  1.4261

  	
   

  	
  1.4149

  	
   

  	
  1.4034

  	
   

  	
  1.3917

  	
   

  	
  1.3797

  	
   

  	
  1.3676

  	
   

  	
  1.3553

  	
   

  	
  1.3429

  	
   

  	
  1.3303

  	
   

  	
  1.3176

  	
   

  
	
  58

  	
   

  	
  1.4582

  	
   

  	
  1.4465

  	
   

  	
  1.4345

  	
   

  	
  1.4223

  	
   

  	
  1.4098

  	
   

  	
  1.3971

  	
   

  	
  1.3842

  	
   

  	
  1.3711

  	
   

  	
  1.3579

  	
   

  	
  1.3445

  	
   

  
	
  59

  	
   

  	
  1.4928

  	
   

  	
  1.4805

  	
   

  	
  1.4680

  	
   

  	
  1.4553

  	
   

  	
  1.4422

  	
   

  	
  1.4289

  	
   

  	
  1.4154

  	
   

  	
  1.4017

  	
   

  	
  1.3878

  	
   

  	
  1.3737

  	
   

  
	
  60

  	
   

  	
  1.5300

  	
   

  	
  1.5173

  	
   

  	
  1.5042

  	
   

  	
  1.4909

  	
   

  	
  1.4773

  	
   

  	
  1.4634

  	
   

  	
  1.4492

  	
   

  	
  1.4348

  	
   

  	
  1.4202

  	
   

  	
  1.4053

  	
   

  
	
  61

  	
   

  	
  1.5701

  	
   

  	
  1.5569

  	
   

  	
  1.5433

  	
   

  	
  1.5294

  	
   

  	
  1.5151

  	
   

  	
  1.5006

  	
   

  	
  1.4857

  	
   

  	
  1.4706

  	
   

  	
  1.4553

  	
   

  	
  1.4397

  	
   

  
	
  62

  	
   

  	
  1.6135

  	
   

  	
  1.5997

  	
   

  	
  1.5855

  	
   

  	
  1.5710

  	
   

  	
  1.5561

  	
   

  	
  1.5409

  	
   

  	
  1.5254

  	
   

  	
  1.5095

  	
   

  	
  1.4934

  	
   

  	
  1.4770

  	
   

  
	
  63

  	
   

  	
  1.6604

  	
   

  	
  1.6460

  	
   

  	
  1.6312

  	
   

  	
  1.6160

  	
   

  	
  1.6004

  	
   

  	
  1.5845

  	
   

  	
  1.5682

  	
   

  	
  1.5516

  	
   

  	
  1.5347

  	
   

  	
  1.5174

  	
   

  
	
  64

  	
   

  	
  1.7109

  	
   

  	
  1.6959

  	
   

  	
  1.6804

  	
   

  	
  1.6646

  	
   

  	
  1.6483

  	
   

  	
  1.6317

  	
   

  	
  1.6146

  	
   

  	
  1.5972

  	
   

  	
  1.5794

  	
   

  	
  1.5613

  	
   

  
	
  65

  	
   

  	
  1.7653

  	
   

  	
  1.7496

  	
   

  	
  1.7335

  	
   

  	
  1.7170

  	
   

  	
  1.7000

  	
   

  	
  1.6825

  	
   

  	
  1.6647

  	
   

  	
  1.6464

  	
   

  	
  1.6277

  	
   

  	
  1.6087

  	
   

  
	
  66

  	
   

  	
  1.8238

  	
   

  	
  1.8074

  	
   

  	
  1.7906

  	
   

  	
  1.7733

  	
   

  	
  1.7555

  	
   

  	
  1.7373

  	
   

  	
  1.7185

  	
   

  	
  1.6994

  	
   

  	
  1.6798

  	
   

  	
  1.6598

  	
   

  
	
  67

  	
   

  	
  1.8863

  	
   

  	
  1.8693

  	
   

  	
  1.8517

  	
   

  	
  1.8336

  	
   

  	
  1.8150

  	
   

  	
  1.7959

  	
   

  	
  1.7763

  	
   

  	
  1.7562

  	
   

  	
  1.7356

  	
   

  	
  1.7146

  	
   

  
	
  68

  	
   

  	
  1.9535

  	
   

  	
  1.9357

  	
   

  	
  1.9173

  	
   

  	
  1.8984

  	
   

  	
  1.8790

  	
   

  	
  1.8589

  	
   

  	
  1.8384

  	
   

  	
  1.8173

  	
   

  	
  1.7957

  	
   

  	
  1.7736

  	
   

  
	
  69

  	
   

  	
  2.0262

  	
   

  	
  2.0076

  	
   

  	
  1.9883

  	
   

  	
  1.9685

  	
   

  	
  1.9482

  	
   

  	
  1.9272

  	
   

  	
  1.9057

  	
   

  	
  1.8836

  	
   

  	
  1.8609

  	
   

  	
  1.8377

  	
   

  
	
  70

  	
   

  	
  2.1052

  	
   

  	
  2.0857

  	
   

  	
  2.0656

  	
   

  	
  2.0449

  	
   

  	
  2.0235

  	
   

  	
  2.0015

  	
   

  	
  1.9789

  	
   

  	
  1.9557

  	
   

  	
  1.9319

  	
   

  	
  1.9074

  	
   

  

 

39

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  50

  	
   

  	
  51

  	
   

  	
  52

  	
   

  	
  53

  	
   

  	
  54

  	
   

  	
  55

  	
   

  	
  56

  	
   

  	
  57

  	
   

  	
  58

  	
   

  	
  59

  	
   

  
	
  20

  	
   

  	
  1.0106

  	
   

  	
  1.0099

  	
   

  	
  1.0093

  	
   

  	
  1.0087

  	
   

  	
  1.0081

  	
   

  	
  1.0076

  	
   

  	
  1.0071

  	
   

  	
  1.0066

  	
   

  	
  1.0062

  	
   

  	
  1.0057

  	
   

  
	
  21

  	
   

  	
  1.0115

  	
   

  	
  1.0107

  	
   

  	
  1.0100

  	
   

  	
  1.0094

  	
   

  	
  1.0088

  	
   

  	
  1.0082

  	
   

  	
  1.0076

  	
   

  	
  1.0071

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  
	
  22

  	
   

  	
  1.0124

  	
   

  	
  1.0116

  	
   

  	
  1.0109

  	
   

  	
  1.0102

  	
   

  	
  1.0095

  	
   

  	
  1.0089

  	
   

  	
  1.0083

  	
   

  	
  1.0077

  	
   

  	
  1.0071

  	
   

  	
  1.0066

  	
   

  
	
  23

  	
   

  	
  1.0135

  	
   

  	
  1.0127

  	
   

  	
  1.0118

  	
   

  	
  1.0111

  	
   

  	
  1.0103

  	
   

  	
  1.0096

  	
   

  	
  1.0089

  	
   

  	
  1.0083

  	
   

  	
  1.0077

  	
   

  	
  1.0072

  	
   

  
	
  24

  	
   

  	
  1.0147

  	
   

  	
  1.0138

  	
   

  	
  1.0129

  	
   

  	
  1.0120

  	
   

  	
  1.0112

  	
   

  	
  1.0104

  	
   

  	
  1.0097

  	
   

  	
  1.0090

  	
   

  	
  1.0084

  	
   

  	
  1.0078

  	
   

  
	
  25

  	
   

  	
  1.0161

  	
   

  	
  1.0150

  	
   

  	
  1.0141

  	
   

  	
  1.0131

  	
   

  	
  1.0122

  	
   

  	
  1.0114

  	
   

  	
  1.0106

  	
   

  	
  1.0098

  	
   

  	
  1.0091

  	
   

  	
  1.0084

  	
   

  
	
  26

  	
   

  	
  1.0176

  	
   

  	
  1.0164

  	
   

  	
  1.0154

  	
   

  	
  1.0143

  	
   

  	
  1.0133

  	
   

  	
  1.0124

  	
   

  	
  1.0115

  	
   

  	
  1.0107

  	
   

  	
  1.0099

  	
   

  	
  1.0092

  	
   

  
	
  27

  	
   

  	
  1.0192

  	
   

  	
  1.0180

  	
   

  	
  1.0168

  	
   

  	
  1.0157

  	
   

  	
  1.0146

  	
   

  	
  1.0136

  	
   

  	
  1.0126

  	
   

  	
  1.0117

  	
   

  	
  1.0108

  	
   

  	
  1.0100

  	
   

  
	
  28

  	
   

  	
  1.0211

  	
   

  	
  1.0197

  	
   

  	
  1.0184

  	
   

  	
  1.0172

  	
   

  	
  1.0160

  	
   

  	
  1.0149

  	
   

  	
  1.0138

  	
   

  	
  1.0128

  	
   

  	
  1.0119

  	
   

  	
  1.0110

  	
   

  
	
  29

  	
   

  	
  1.0231

  	
   

  	
  1.0217

  	
   

  	
  1.0202

  	
   

  	
  1.0189

  	
   

  	
  1.0176

  	
   

  	
  1.0163

  	
   

  	
  1.0152

  	
   

  	
  1.0141

  	
   

  	
  1.0130

  	
   

  	
  1.0120

  	
   

  
	
  30

  	
   

  	
  1.0254

  	
   

  	
  1.0238

  	
   

  	
  1.0222

  	
   

  	
  1.0207

  	
   

  	
  1.0193

  	
   

  	
  1.0180

  	
   

  	
  1.0167

  	
   

  	
  1.0155

  	
   

  	
  1.0143

  	
   

  	
  1.0132

  	
   

  
	
  31

  	
   

  	
  1.0279

  	
   

  	
  1.0262

  	
   

  	
  1.0244

  	
   

  	
  1.0228

  	
   

  	
  1.0213

  	
   

  	
  1.0198

  	
   

  	
  1.0184

  	
   

  	
  1.0170

  	
   

  	
  1.0158

  	
   

  	
  1.0146

  	
   

  
	
  32

  	
   

  	
  1.0307

  	
   

  	
  1.0288

  	
   

  	
  1.0269

  	
   

  	
  1.0251

  	
   

  	
  1.0234

  	
   

  	
  1.0218

  	
   

  	
  1.0202

  	
   

  	
  1.0188

  	
   

  	
  1.0174

  	
   

  	
  1.0160

  	
   

  
	
  33

  	
   

  	
  1.0338

  	
   

  	
  1.0317

  	
   

  	
  1.0296

  	
   

  	
  1.0277

  	
   

  	
  1.0258

  	
   

  	
  1.0240

  	
   

  	
  1.0223

  	
   

  	
  1.0207

  	
   

  	
  1.0192

  	
   

  	
  1.0177

  	
   

  
	
  34

  	
   

  	
  1.0373

  	
   

  	
  1.0349

  	
   

  	
  1.0327

  	
   

  	
  1.0305

  	
   

  	
  1.0285

  	
   

  	
  1.0265

  	
   

  	
  1.0247

  	
   

  	
  1.0229

  	
   

  	
  1.0212

  	
   

  	
  1.0196

  	
   

  
	
  35

  	
   

  	
  1.0411

  	
   

  	
  1.0385

  	
   

  	
  1.0361

  	
   

  	
  1.0337

  	
   

  	
  1.0315

  	
   

  	
  1.0293

  	
   

  	
  1.0273

  	
   

  	
  1.0253

  	
   

  	
  1.0234

  	
   

  	
  1.0217

  	
   

  
	
  36

  	
   

  	
  1.0452

  	
   

  	
  1.0425

  	
   

  	
  1.0398

  	
   

  	
  1.0372

  	
   

  	
  1.0347

  	
   

  	
  1.0324

  	
   

  	
  1.0301

  	
   

  	
  1.0280

  	
   

  	
  1.0260

  	
   

  	
  1.0240

  	
   

  
	
  37

  	
   

  	
  1.0499

  	
   

  	
  1.0468

  	
   

  	
  1.0439

  	
   

  	
  1.0411

  	
   

  	
  1.0384

  	
   

  	
  1.0358

  	
   

  	
  1.0334

  	
   

  	
  1.0310

  	
   

  	
  1.0288

  	
   

  	
  1.0266

  	
   

  
	
  38

  	
   

  	
  1.0550

  	
   

  	
  1.0517

  	
   

  	
  1.0485

  	
   

  	
  1.0454

  	
   

  	
  1.0425

  	
   

  	
  1.0396

  	
   

  	
  1.0369

  	
   

  	
  1.0344

  	
   

  	
  1.0319

  	
   

  	
  1.0295

  	
   

  
	
  39

  	
   

  	
  1.0606

  	
   

  	
  1.0570

  	
   

  	
  1.0535

  	
   

  	
  1.0502

  	
   

  	
  1.0470

  	
   

  	
  1.0439

  	
   

  	
  1.0409

  	
   

  	
  1.0381

  	
   

  	
  1.0354

  	
   

  	
  1.0328

  	
   

  
	
  40

  	
   

  	
  1.0668

  	
   

  	
  1.0629

  	
   

  	
  1.0591

  	
   

  	
  1.0555

  	
   

  	
  1.0520

  	
   

  	
  1.0486

  	
   

  	
  1.0453

  	
   

  	
  1.0422

  	
   

  	
  1.0393

  	
   

  	
  1.0364

  	
   

  
	
  41

  	
   

  	
  1.0736

  	
   

  	
  1.0694

  	
   

  	
  1.0653

  	
   

  	
  1.0613

  	
   

  	
  1.0575

  	
   

  	
  1.0538

  	
   

  	
  1.0502

  	
   

  	
  1.0468

  	
   

  	
  1.0436

  	
   

  	
  1.0405

  	
   

  
	
  42

  	
   

  	
  1.0811

  	
   

  	
  1.0765

  	
   

  	
  1.0721

  	
   

  	
  1.0677

  	
   

  	
  1.0636

  	
   

  	
  1.0595

  	
   

  	
  1.0557

  	
   

  	
  1.0519

  	
   

  	
  1.0484

  	
   

  	
  1.0450

  	
   

  
	
  43

  	
   

  	
  1.0893

  	
   

  	
  1.0843

  	
   

  	
  1.0795

  	
   

  	
  1.0748

  	
   

  	
  1.0703

  	
   

  	
  1.0659

  	
   

  	
  1.0616

  	
   

  	
  1.0576

  	
   

  	
  1.0536

  	
   

  	
  1.0499

  	
   

  
	
  44

  	
   

  	
  1.0982

  	
   

  	
  1.0928

  	
   

  	
  1.0876

  	
   

  	
  1.0825

  	
   

  	
  1.0776

  	
   

  	
  1.0728

  	
   

  	
  1.0682

  	
   

  	
  1.0637

  	
   

  	
  1.0594

  	
   

  	
  1.0553

  	
   

  
	
  45

  	
   

  	
  1.1079

  	
   

  	
  1.1021

  	
   

  	
  1.0964

  	
   

  	
  1.0909

  	
   

  	
  1.0855

  	
   

  	
  1.0803

  	
   

  	
  1.0753

  	
   

  	
  1.0704

  	
   

  	
  1.0658

  	
   

  	
  1.0613

  	
   

  
	
  46

  	
   

  	
  1.1183

  	
   

  	
  1.1121

  	
   

  	
  1.1060

  	
   

  	
  1.1000

  	
   

  	
  1.0942

  	
   

  	
  1.0885

  	
   

  	
  1.0831

  	
   

  	
  1.0778

  	
   

  	
  1.0727

  	
   

  	
  1.0678

  	
   

  
	
  47

  	
   

  	
  1.1296

  	
   

  	
  1.1229

  	
   

  	
  1.1163

  	
   

  	
  1.1099

  	
   

  	
  1.1036

  	
   

  	
  1.0975

  	
   

  	
  1.0915

  	
   

  	
  1.0858

  	
   

  	
  1.0802

  	
   

  	
  1.0749

  	
   

  
	
  48

  	
   

  	
  1.1418

  	
   

  	
  1.1346

  	
   

  	
  1.1275

  	
   

  	
  1.1206

  	
   

  	
  1.1138

  	
   

  	
  1.1071

  	
   

  	
  1.1007

  	
   

  	
  1.0944

  	
   

  	
  1.0884

  	
   

  	
  1.0826

  	
   

  
	
  49

  	
   

  	
  1.1550

  	
   

  	
  1.1472

  	
   

  	
  1.1396

  	
   

  	
  1.1321

  	
   

  	
  1.1248

  	
   

  	
  1.1176

  	
   

  	
  1.1107

  	
   

  	
  1.1039

  	
   

  	
  1.0973

  	
   

  	
  1.0910

  	
   

  
	
  50

  	
   

  	
  1.1691

  	
   

  	
  1.1609

  	
   

  	
  1.1527

  	
   

  	
  1.1446

  	
   

  	
  1.1367

  	
   

  	
  1.1290

  	
   

  	
  1.1215

  	
   

  	
  1.1141

  	
   

  	
  1.1070

  	
   

  	
  1.1001

  	
   

  
	
  51

  	
   

  	
  1.1844

  	
   

  	
  1.1756

  	
   

  	
  1.1668

  	
   

  	
  1.1582

  	
   

  	
  1.1497

  	
   

  	
  1.1413

  	
   

  	
  1.1332

  	
   

  	
  1.1252

  	
   

  	
  1.1175

  	
   

  	
  1.1100

  	
   

  
	
  52

  	
   

  	
  1.2009

  	
   

  	
  1.1914

  	
   

  	
  1.1821

  	
   

  	
  1.1728

  	
   

  	
  1.1637

  	
   

  	
  1.1547

  	
   

  	
  1.1459

  	
   

  	
  1.1374

  	
   

  	
  1.1290

  	
   

  	
  1.1209

  	
   

  
	
  53

  	
   

  	
  1.2186

  	
   

  	
  1.2085

  	
   

  	
  1.1985

  	
   

  	
  1.1886

  	
   

  	
  1.1789

  	
   

  	
  1.1692

  	
   

  	
  1.1598

  	
   

  	
  1.1505

  	
   

  	
  1.1415

  	
   

  	
  1.1327

  	
   

  
	
  54

  	
   

  	
  1.2377

  	
   

  	
  1.2270

  	
   

  	
  1.2164

  	
   

  	
  1.2058

  	
   

  	
  1.1953

  	
   

  	
  1.1850

  	
   

  	
  1.1748

  	
   

  	
  1.1649

  	
   

  	
  1.1551

  	
   

  	
  1.1456

  	
   

  
	
  55

  	
   

  	
  1.2584

  	
   

  	
  1.2470

  	
   

  	
  1.2357

  	
   

  	
  1.2244

  	
   

  	
  1.2132

  	
   

  	
  1.2021

  	
   

  	
  1.1912

  	
   

  	
  1.1805

  	
   

  	
  1.1700

  	
   

  	
  1.1597

  	
   

  
	
  56

  	
   

  	
  1.2807

  	
   

  	
  1.2687

  	
   

  	
  1.2566

  	
   

  	
  1.2446

  	
   

  	
  1.2326

  	
   

  	
  1.2208

  	
   

  	
  1.2091

  	
   

  	
  1.1976

  	
   

  	
  1.1862

  	
   

  	
  1.1751

  	
   

  
	
  57

  	
   

  	
  1.3049

  	
   

  	
  1.2921

  	
   

  	
  1.2793

  	
   

  	
  1.2665

  	
   

  	
  1.2538

  	
   

  	
  1.2411

  	
   

  	
  1.2286

  	
   

  	
  1.2162

  	
   

  	
  1.2040

  	
   

  	
  1.1921

  	
   

  
	
  58

  	
   

  	
  1.3311

  	
   

  	
  1.3175

  	
   

  	
  1.3040

  	
   

  	
  1.2904

  	
   

  	
  1.2768

  	
   

  	
  1.2633

  	
   

  	
  1.2499

  	
   

  	
  1.2366

  	
   

  	
  1.2235

  	
   

  	
  1.2107

  	
   

  
	
  59

  	
   

  	
  1.3595

  	
   

  	
  1.3452

  	
   

  	
  1.3308

  	
   

  	
  1.3164

  	
   

  	
  1.3019

  	
   

  	
  1.2875

  	
   

  	
  1.2732

  	
   

  	
  1.2590

  	
   

  	
  1.2449

  	
   

  	
  1.2311

  	
   

  
	
  60

  	
   

  	
  1.3903

  	
   

  	
  1.3752

  	
   

  	
  1.3600

  	
   

  	
  1.3447

  	
   

  	
  1.3294

  	
   

  	
  1.3140

  	
   

  	
  1.2987

  	
   

  	
  1.2835

  	
   

  	
  1.2684

  	
   

  	
  1.2536

  	
   

  
	
  61

  	
   

  	
  1.4239

  	
   

  	
  1.4079

  	
   

  	
  1.3918

  	
   

  	
  1.3756

  	
   

  	
  1.3593

  	
   

  	
  1.3430

  	
   

  	
  1.3267

  	
   

  	
  1.3104

  	
   

  	
  1.2943

  	
   

  	
  1.2783

  	
   

  
	
  62

  	
   

  	
  1.4603

  	
   

  	
  1.4435

  	
   

  	
  1.4264

  	
   

  	
  1.4093

  	
   

  	
  1.3920

  	
   

  	
  1.3746

  	
   

  	
  1.3572

  	
   

  	
  1.3399

  	
   

  	
  1.3226

  	
   

  	
  1.3055

  	
   

  
	
  63

  	
   

  	
  1.4999

  	
   

  	
  1.4821

  	
   

  	
  1.4641

  	
   

  	
  1.4460

  	
   

  	
  1.4276

  	
   

  	
  1.4092

  	
   

  	
  1.3907

  	
   

  	
  1.3722

  	
   

  	
  1.3537

  	
   

  	
  1.3354

  	
   

  
	
  64

  	
   

  	
  1.5428

  	
   

  	
  1.5241

  	
   

  	
  1.5051

  	
   

  	
  1.4859

  	
   

  	
  1.4664

  	
   

  	
  1.4468

  	
   

  	
  1.4272

  	
   

  	
  1.4074

  	
   

  	
  1.3877

  	
   

  	
  1.3681

  	
   

  
	
  65

  	
   

  	
  1.5892

  	
   

  	
  1.5695

  	
   

  	
  1.5495

  	
   

  	
  1.5291

  	
   

  	
  1.5086

  	
   

  	
  1.4878

  	
   

  	
  1.4669

  	
   

  	
  1.4459

  	
   

  	
  1.4249

  	
   

  	
  1.4039

  	
   

  
	
  66

  	
   

  	
  1.6393

  	
   

  	
  1.6185

  	
   

  	
  1.5974

  	
   

  	
  1.5759

  	
   

  	
  1.5541

  	
   

  	
  1.5321

  	
   

  	
  1.5099

  	
   

  	
  1.4876

  	
   

  	
  1.4652

  	
   

  	
  1.4428

  	
   

  
	
  67

  	
   

  	
  1.6931

  	
   

  	
  1.6712

  	
   

  	
  1.6489

  	
   

  	
  1.6262

  	
   

  	
  1.6032

  	
   

  	
  1.5799

  	
   

  	
  1.5564

  	
   

  	
  1.5326

  	
   

  	
  1.5088

  	
   

  	
  1.4849

  	
   

  
	
  68

  	
   

  	
  1.7510

  	
   

  	
  1.7280

  	
   

  	
  1.7045

  	
   

  	
  1.6806

  	
   

  	
  1.6562

  	
   

  	
  1.6316

  	
   

  	
  1.6066

  	
   

  	
  1.5814

  	
   

  	
  1.5560

  	
   

  	
  1.5305

  	
   

  
	
  69

  	
   

  	
  1.8139

  	
   

  	
  1.7896

  	
   

  	
  1.7649

  	
   

  	
  1.7396

  	
   

  	
  1.7139

  	
   

  	
  1.6878

  	
   

  	
  1.6613

  	
   

  	
  1.6345

  	
   

  	
  1.6075

  	
   

  	
  1.5804

  	
   

  
	
  70

  	
   

  	
  1.8824

  	
   

  	
  1.8569

  	
   

  	
  1.8307

  	
   

  	
  1.8041

  	
   

  	
  1.7769

  	
   

  	
  1.7493

  	
   

  	
  1.7212

  	
   

  	
  1.6928

  	
   

  	
  1.6641

  	
   

  	
  1.6352

  	
   

  

 

40

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  60

  	
   

  	
  61

  	
   

  	
  62

  	
   

  	
  63

  	
   

  	
  64

  	
   

  	
  65

  	
   

  	
  66

  	
   

  	
  67

  	
   

  	
  68

  	
   

  	
  69

  	
   

  
	
  20

  	
   

  	
  1.0053

  	
   

  	
  1.0049

  	
   

  	
  1.0046

  	
   

  	
  1.0042

  	
   

  	
  1.0039

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  
	
  21

  	
   

  	
  1.0057

  	
   

  	
  1.0053

  	
   

  	
  1.0049

  	
   

  	
  1.0045

  	
   

  	
  1.0042

  	
   

  	
  1.0039

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  
	
  22

  	
   

  	
  1.0061

  	
   

  	
  1.0057

  	
   

  	
  1.0053

  	
   

  	
  1.0049

  	
   

  	
  1.0045

  	
   

  	
  1.0041

  	
   

  	
  1.0038

  	
   

  	
  1.0035

  	
   

  	
  1.0032

  	
   

  	
  1.0029

  	
   

  
	
  23

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  	
  1.0057

  	
   

  	
  1.0052

  	
   

  	
  1.0048

  	
   

  	
  1.0044

  	
   

  	
  1.0041

  	
   

  	
  1.0037

  	
   

  	
  1.0034

  	
   

  	
  1.0031

  	
   

  
	
  24

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  	
  1.0056

  	
   

  	
  1.0052

  	
   

  	
  1.0048

  	
   

  	
  1.0044

  	
   

  	
  1.0040

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  
	
  25

  	
   

  	
  1.0078

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  	
  1.0056

  	
   

  	
  1.0052

  	
   

  	
  1.0047

  	
   

  	
  1.0043

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  
	
  26

  	
   

  	
  1.0085

  	
   

  	
  1.0078

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  	
  1.0056

  	
   

  	
  1.0051

  	
   

  	
  1.0047

  	
   

  	
  1.0043

  	
   

  	
  1.0039

  	
   

  
	
  27

  	
   

  	
  1.0093

  	
   

  	
  1.0085

  	
   

  	
  1.0079

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  	
  1.0056

  	
   

  	
  1.0051

  	
   

  	
  1.0046

  	
   

  	
  1.0042

  	
   

  
	
  28

  	
   

  	
  1.0101

  	
   

  	
  1.0093

  	
   

  	
  1.0086

  	
   

  	
  1.0079

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  	
  1.0055

  	
   

  	
  1.0050

  	
   

  	
  1.0046

  	
   

  
	
  29

  	
   

  	
  1.0111

  	
   

  	
  1.0102

  	
   

  	
  1.0094

  	
   

  	
  1.0086

  	
   

  	
  1.0079

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0060

  	
   

  	
  1.0055

  	
   

  	
  1.0050

  	
   

  
	
  30

  	
   

  	
  1.0122

  	
   

  	
  1.0112

  	
   

  	
  1.0103

  	
   

  	
  1.0095

  	
   

  	
  1.0087

  	
   

  	
  1.0079

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0060

  	
   

  	
  1.0054

  	
   

  
	
  31

  	
   

  	
  1.0134

  	
   

  	
  1.0124

  	
   

  	
  1.0114

  	
   

  	
  1.0104

  	
   

  	
  1.0095

  	
   

  	
  1.0087

  	
   

  	
  1.0080

  	
   

  	
  1.0073

  	
   

  	
  1.0066

  	
   

  	
  1.0060

  	
   

  
	
  32

  	
   

  	
  1.0148

  	
   

  	
  1.0136

  	
   

  	
  1.0125

  	
   

  	
  1.0115

  	
   

  	
  1.0105

  	
   

  	
  1.0096

  	
   

  	
  1.0088

  	
   

  	
  1.0080

  	
   

  	
  1.0073

  	
   

  	
  1.0066

  	
   

  
	
  33

  	
   

  	
  1.0163

  	
   

  	
  1.0151

  	
   

  	
  1.0138

  	
   

  	
  1.0127

  	
   

  	
  1.0116

  	
   

  	
  1.0106

  	
   

  	
  1.0097

  	
   

  	
  1.0088

  	
   

  	
  1.0080

  	
   

  	
  1.0072

  	
   

  
	
  34

  	
   

  	
  1.0181

  	
   

  	
  1.0166

  	
   

  	
  1.0153

  	
   

  	
  1.0140

  	
   

  	
  1.0129

  	
   

  	
  1.0118

  	
   

  	
  1.0107

  	
   

  	
  1.0097

  	
   

  	
  1.0088

  	
   

  	
  1.0080

  	
   

  
	
  35

  	
   

  	
  1.0200

  	
   

  	
  1.0184

  	
   

  	
  1.0170

  	
   

  	
  1.0156

  	
   

  	
  1.0143

  	
   

  	
  1.0130

  	
   

  	
  1.0119

  	
   

  	
  1.0108

  	
   

  	
  1.0098

  	
   

  	
  1.0089

  	
   

  
	
  36

  	
   

  	
  1.0222

  	
   

  	
  1.0204

  	
   

  	
  1.0188

  	
   

  	
  1.0173

  	
   

  	
  1.0158

  	
   

  	
  1.0145

  	
   

  	
  1.0132

  	
   

  	
  1.0120

  	
   

  	
  1.0109

  	
   

  	
  1.0099

  	
   

  
	
  37

  	
   

  	
  1.0246

  	
   

  	
  1.0227

  	
   

  	
  1.0209

  	
   

  	
  1.0192

  	
   

  	
  1.0176

  	
   

  	
  1.0161

  	
   

  	
  1.0147

  	
   

  	
  1.0134

  	
   

  	
  1.0121

  	
   

  	
  1.0110

  	
   

  
	
  38

  	
   

  	
  1.0273

  	
   

  	
  1.0252

  	
   

  	
  1.0232

  	
   

  	
  1.0213

  	
   

  	
  1.0196

  	
   

  	
  1.0179

  	
   

  	
  1.0164

  	
   

  	
  1.0149

  	
   

  	
  1.0135

  	
   

  	
  1.0123

  	
   

  
	
  39

  	
   

  	
  1.0303

  	
   

  	
  1.0280

  	
   

  	
  1.0258

  	
   

  	
  1.0238

  	
   

  	
  1.0218

  	
   

  	
  1.0200

  	
   

  	
  1.0182

  	
   

  	
  1.0166

  	
   

  	
  1.0151

  	
   

  	
  1.0137

  	
   

  
	
  40

  	
   

  	
  1.0337

  	
   

  	
  1.0312

  	
   

  	
  1.0288

  	
   

  	
  1.0265

  	
   

  	
  1.0243

  	
   

  	
  1.0223

  	
   

  	
  1.0204

  	
   

  	
  1.0186

  	
   

  	
  1.0169

  	
   

  	
  1.0153

  	
   

  
	
  41

  	
   

  	
  1.0375

  	
   

  	
  1.0347

  	
   

  	
  1.0320

  	
   

  	
  1.0295

  	
   

  	
  1.0271

  	
   

  	
  1.0249

  	
   

  	
  1.0228

  	
   

  	
  1.0208

  	
   

  	
  1.0189

  	
   

  	
  1.0172

  	
   

  
	
  42

  	
   

  	
  1.0417

  	
   

  	
  1.0386

  	
   

  	
  1.0357

  	
   

  	
  1.0329

  	
   

  	
  1.0303

  	
   

  	
  1.0278

  	
   

  	
  1.0254

  	
   

  	
  1.0232

  	
   

  	
  1.0212

  	
   

  	
  1.0193

  	
   

  
	
  43

  	
   

  	
  1.0463

  	
   

  	
  1.0429

  	
   

  	
  1.0397

  	
   

  	
  1.0366

  	
   

  	
  1.0337

  	
   

  	
  1.0310

  	
   

  	
  1.0284

  	
   

  	
  1.0260

  	
   

  	
  1.0237

  	
   

  	
  1.0216

  	
   

  
	
  44

  	
   

  	
  1.0514

  	
   

  	
  1.0477

  	
   

  	
  1.0441

  	
   

  	
  1.0408

  	
   

  	
  1.0376

  	
   

  	
  1.0346

  	
   

  	
  1.0317

  	
   

  	
  1.0290

  	
   

  	
  1.0265

  	
   

  	
  1.0241

  	
   

  
	
  45

  	
   

  	
  1.0570

  	
   

  	
  1.0529

  	
   

  	
  1.0490

  	
   

  	
  1.0453

  	
   

  	
  1.0418

  	
   

  	
  1.0385

  	
   

  	
  1.0353

  	
   

  	
  1.0324

  	
   

  	
  1.0296

  	
   

  	
  1.0269

  	
   

  
	
  46

  	
   

  	
  1.0631

  	
   

  	
  1.0586

  	
   

  	
  1.0543

  	
   

  	
  1.0503

  	
   

  	
  1.0464

  	
   

  	
  1.0427

  	
   

  	
  1.0393

  	
   

  	
  1.0360

  	
   

  	
  1.0329

  	
   

  	
  1.0300

  	
   

  
	
  47

  	
   

  	
  1.0697

  	
   

  	
  1.0648

  	
   

  	
  1.0602

  	
   

  	
  1.0557

  	
   

  	
  1.0514

  	
   

  	
  1.0474

  	
   

  	
  1.0436

  	
   

  	
  1.0400

  	
   

  	
  1.0366

  	
   

  	
  1.0334

  	
   

  
	
  48

  	
   

  	
  1.0770

  	
   

  	
  1.0716

  	
   

  	
  1.0665

  	
   

  	
  1.0616

  	
   

  	
  1.0569

  	
   

  	
  1.0525

  	
   

  	
  1.0483

  	
   

  	
  1.0444

  	
   

  	
  1.0406

  	
   

  	
  1.0371

  	
   

  
	
  49

  	
   

  	
  1.0849

  	
   

  	
  1.0790

  	
   

  	
  1.0734

  	
   

  	
  1.0680

  	
   

  	
  1.0629

  	
   

  	
  1.0581

  	
   

  	
  1.0535

  	
   

  	
  1.0491

  	
   

  	
  1.0450

  	
   

  	
  1.0411

  	
   

  
	
  50

  	
   

  	
  1.0935

  	
   

  	
  1.0871

  	
   

  	
  1.0809

  	
   

  	
  1.0751

  	
   

  	
  1.0695

  	
   

  	
  1.0642

  	
   

  	
  1.0591

  	
   

  	
  1.0543

  	
   

  	
  1.0498

  	
   

  	
  1.0455

  	
   

  
	
  51

  	
   

  	
  1.1028

  	
   

  	
  1.0959

  	
   

  	
  1.0892

  	
   

  	
  1.0828

  	
   

  	
  1.0766

  	
   

  	
  1.0708

  	
   

  	
  1.0653

  	
   

  	
  1.0600

  	
   

  	
  1.0550

  	
   

  	
  1.0503

  	
   

  
	
  52

  	
   

  	
  1.1130

  	
   

  	
  1.1054

  	
   

  	
  1.0982

  	
   

  	
  1.0912

  	
   

  	
  1.0845

  	
   

  	
  1.0781

  	
   

  	
  1.0720

  	
   

  	
  1.0663

  	
   

  	
  1.0608

  	
   

  	
  1.0556

  	
   

  
	
  53

  	
   

  	
  1.1242

  	
   

  	
  1.1159

  	
   

  	
  1.1080

  	
   

  	
  1.1004

  	
   

  	
  1.0931

  	
   

  	
  1.0861

  	
   

  	
  1.0794

  	
   

  	
  1.0731

  	
   

  	
  1.0671

  	
   

  	
  1.0614

  	
   

  
	
  54

  	
   

  	
  1.1364

  	
   

  	
  1.1274

  	
   

  	
  1.1188

  	
   

  	
  1.1105

  	
   

  	
  1.1025

  	
   

  	
  1.0949

  	
   

  	
  1.0876

  	
   

  	
  1.0807

  	
   

  	
  1.0741

  	
   

  	
  1.0678

  	
   

  
	
  55

  	
   

  	
  1.1497

  	
   

  	
  1.1400

  	
   

  	
  1.1306

  	
   

  	
  1.1216

  	
   

  	
  1.1129

  	
   

  	
  1.1046

  	
   

  	
  1.0966

  	
   

  	
  1.0890

  	
   

  	
  1.0818

  	
   

  	
  1.0749

  	
   

  
	
  56

  	
   

  	
  1.1643

  	
   

  	
  1.1538

  	
   

  	
  1.1436

  	
   

  	
  1.1338

  	
   

  	
  1.1243

  	
   

  	
  1.1152

  	
   

  	
  1.1065

  	
   

  	
  1.0982

  	
   

  	
  1.0903

  	
   

  	
  1.0828

  	
   

  
	
  57

  	
   

  	
  1.1804

  	
   

  	
  1.1690

  	
   

  	
  1.1580

  	
   

  	
  1.1473

  	
   

  	
  1.1370

  	
   

  	
  1.1271

  	
   

  	
  1.1175

  	
   

  	
  1.1084

  	
   

  	
  1.0997

  	
   

  	
  1.0915

  	
   

  
	
  58

  	
   

  	
  1.1981

  	
   

  	
  1.1858

  	
   

  	
  1.1738

  	
   

  	
  1.1622

  	
   

  	
  1.1510

  	
   

  	
  1.1402

  	
   

  	
  1.1298

  	
   

  	
  1.1198

  	
   

  	
  1.1103

  	
   

  	
  1.1012

  	
   

  
	
  59

  	
   

  	
  1.2175

  	
   

  	
  1.2042

  	
   

  	
  1.1913

  	
   

  	
  1.1787

  	
   

  	
  1.1665

  	
   

  	
  1.1547

  	
   

  	
  1.1434

  	
   

  	
  1.1325

  	
   

  	
  1.1221

  	
   

  	
  1.1121

  	
   

  
	
  60

  	
   

  	
  1.2390

  	
   

  	
  1.2246

  	
   

  	
  1.2106

  	
   

  	
  1.1970

  	
   

  	
  1.1837

  	
   

  	
  1.1709

  	
   

  	
  1.1585

  	
   

  	
  1.1466

  	
   

  	
  1.1352

  	
   

  	
  1.1243

  	
   

  
	
  61

  	
   

  	
  1.2626

  	
   

  	
  1.2471

  	
   

  	
  1.2320

  	
   

  	
  1.2172

  	
   

  	
  1.2028

  	
   

  	
  1.1889

  	
   

  	
  1.1754

  	
   

  	
  1.1624

  	
   

  	
  1.1499

  	
   

  	
  1.1380

  	
   

  
	
  62

  	
   

  	
  1.2886

  	
   

  	
  1.2720

  	
   

  	
  1.2556

  	
   

  	
  1.2396

  	
   

  	
  1.2241

  	
   

  	
  1.2089

  	
   

  	
  1.1942

  	
   

  	
  1.1800

  	
   

  	
  1.1664

  	
   

  	
  1.1533

  	
   

  
	
  63

  	
   

  	
  1.3172

  	
   

  	
  1.2993

  	
   

  	
  1.2817

  	
   

  	
  1.2644

  	
   

  	
  1.2475

  	
   

  	
  1.2311

  	
   

  	
  1.2151

  	
   

  	
  1.1997

  	
   

  	
  1.1847

  	
   

  	
  1.1704

  	
   

  
	
  64

  	
   

  	
  1.3487

  	
   

  	
  1.3294

  	
   

  	
  1.3104

  	
   

  	
  1.2918

  	
   

  	
  1.2735

  	
   

  	
  1.2557

  	
   

  	
  1.2383

  	
   

  	
  1.2215

  	
   

  	
  1.2051

  	
   

  	
  1.1894

  	
   

  
	
  65

  	
   

  	
  1.3830

  	
   

  	
  1.3623

  	
   

  	
  1.3419

  	
   

  	
  1.3218

  	
   

  	
  1.3021

  	
   

  	
  1.2827

  	
   

  	
  1.2639

  	
   

  	
  1.2456

  	
   

  	
  1.2278

  	
   

  	
  1.2106

  	
   

  
	
  66

  	
   

  	
  1.4204

  	
   

  	
  1.3983

  	
   

  	
  1.3763

  	
   

  	
  1.3547

  	
   

  	
  1.3334

  	
   

  	
  1.3125

  	
   

  	
  1.2920

  	
   

  	
  1.2721

  	
   

  	
  1.2527

  	
   

  	
  1.2340

  	
   

  
	
  67

  	
   

  	
  1.4610

  	
   

  	
  1.4373

  	
   

  	
  1.4137

  	
   

  	
  1.3904

  	
   

  	
  1.3674

  	
   

  	
  1.3449

  	
   

  	
  1.3227

  	
   

  	
  1.3011

  	
   

  	
  1.2801

  	
   

  	
  1.2596

  	
   

  
	
  68

  	
   

  	
  1.5050

  	
   

  	
  1.4796

  	
   

  	
  1.4544

  	
   

  	
  1.4294

  	
   

  	
  1.4046

  	
   

  	
  1.3803

  	
   

  	
  1.3564

  	
   

  	
  1.3329

  	
   

  	
  1.3101

  	
   

  	
  1.2878

  	
   

  
	
  69

  	
   

  	
  1.5532

  	
   

  	
  1.5261

  	
   

  	
  1.4990

  	
   

  	
  1.4722

  	
   

  	
  1.4456

  	
   

  	
  1.4193

  	
   

  	
  1.3935

  	
   

  	
  1.3681

  	
   

  	
  1.3433

  	
   

  	
  1.3191

  	
   

  
	
  70

  	
   

  	
  1.6062

  	
   

  	
  1.5772

  	
   

  	
  1.5482

  	
   

  	
  1.5194

  	
   

  	
  1.4908

  	
   

  	
  1.4625

  	
   

  	
  1.4346

  	
   

  	
  1.4072

  	
   

  	
  1.3803

  	
   

  	
  1.3540

  	
   

  

 

41

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  70

  	
   

  	
  71

  	
   

  	
  72

  	
   

  	
  73

  	
   

  	
  74

  	
   

  	
  75

  	
   

  	
  76

  	
   

  	
  77

  	
   

  	
  78

  	
   

  	
  79

  	
   

  
	
  20

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  
	
  21

  	
   

  	
  1.0025

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  
	
  22

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  
	
  23

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  
	
  24

  	
   

  	
  1.0030

  	
   

  	
  1.0028

  	
   

  	
  1.0025

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  
	
  25

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  
	
  26

  	
   

  	
  1.0035

  	
   

  	
  1.0032

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0019

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  
	
  27

  	
   

  	
  1.0038

  	
   

  	
  1.0035

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  
	
  28

  	
   

  	
  1.0041

  	
   

  	
  1.0038

  	
   

  	
  1.0034

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0025

  	
   

  	
  1.0023

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  
	
  29

  	
   

  	
  1.0045

  	
   

  	
  1.0041

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  
	
  30

  	
   

  	
  1.0049

  	
   

  	
  1.0045

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  
	
  31

  	
   

  	
  1.0054

  	
   

  	
  1.0049

  	
   

  	
  1.0044

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0032

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  
	
  32

  	
   

  	
  1.0059

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  	
  1.0044

  	
   

  	
  1.0039

  	
   

  	
  1.0035

  	
   

  	
  1.0032

  	
   

  	
  1.0028

  	
   

  	
  1.0025

  	
   

  	
  1.0023

  	
   

  
	
  33

  	
   

  	
  1.0065

  	
   

  	
  1.0059

  	
   

  	
  1.0053

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  	
  1.0039

  	
   

  	
  1.0035

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0025

  	
   

  
	
  34

  	
   

  	
  1.0072

  	
   

  	
  1.0065

  	
   

  	
  1.0059

  	
   

  	
  1.0053

  	
   

  	
  1.0047

  	
   

  	
  1.0043

  	
   

  	
  1.0038

  	
   

  	
  1.0034

  	
   

  	
  1.0031

  	
   

  	
  1.0027

  	
   

  
	
  35

  	
   

  	
  1.0080

  	
   

  	
  1.0072

  	
   

  	
  1.0065

  	
   

  	
  1.0059

  	
   

  	
  1.0053

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0038

  	
   

  	
  1.0034

  	
   

  	
  1.0030

  	
   

  
	
  36

  	
   

  	
  1.0089

  	
   

  	
  1.0080

  	
   

  	
  1.0072

  	
   

  	
  1.0065

  	
   

  	
  1.0058

  	
   

  	
  1.0052

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  
	
  37

  	
   

  	
  1.0099

  	
   

  	
  1.0090

  	
   

  	
  1.0081

  	
   

  	
  1.0072

  	
   

  	
  1.0065

  	
   

  	
  1.0058

  	
   

  	
  1.0052

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0037

  	
   

  
	
  38

  	
   

  	
  1.0111

  	
   

  	
  1.0100

  	
   

  	
  1.0090

  	
   

  	
  1.0081

  	
   

  	
  1.0073

  	
   

  	
  1.0065

  	
   

  	
  1.0058

  	
   

  	
  1.0052

  	
   

  	
  1.0047

  	
   

  	
  1.0041

  	
   

  
	
  39

  	
   

  	
  1.0124

  	
   

  	
  1.0112

  	
   

  	
  1.0101

  	
   

  	
  1.0091

  	
   

  	
  1.0081

  	
   

  	
  1.0073

  	
   

  	
  1.0065

  	
   

  	
  1.0058

  	
   

  	
  1.0052

  	
   

  	
  1.0046

  	
   

  
	
  40

  	
   

  	
  1.0139

  	
   

  	
  1.0125

  	
   

  	
  1.0113

  	
   

  	
  1.0102

  	
   

  	
  1.0091

  	
   

  	
  1.0082

  	
   

  	
  1.0073

  	
   

  	
  1.0066

  	
   

  	
  1.0059

  	
   

  	
  1.0052

  	
   

  
	
  41

  	
   

  	
  1.0156

  	
   

  	
  1.0141

  	
   

  	
  1.0127

  	
   

  	
  1.0114

  	
   

  	
  1.0103

  	
   

  	
  1.0092

  	
   

  	
  1.0083

  	
   

  	
  1.0074

  	
   

  	
  1.0066

  	
   

  	
  1.0059

  	
   

  
	
  42

  	
   

  	
  1.0175

  	
   

  	
  1.0158

  	
   

  	
  1.0143

  	
   

  	
  1.0128

  	
   

  	
  1.0116

  	
   

  	
  1.0104

  	
   

  	
  1.0093

  	
   

  	
  1.0084

  	
   

  	
  1.0075

  	
   

  	
  1.0067

  	
   

  
	
  43

  	
   

  	
  1.0196

  	
   

  	
  1.0177

  	
   

  	
  1.0160

  	
   

  	
  1.0144

  	
   

  	
  1.0130

  	
   

  	
  1.0117

  	
   

  	
  1.0105

  	
   

  	
  1.0094

  	
   

  	
  1.0085

  	
   

  	
  1.0076

  	
   

  
	
  44

  	
   

  	
  1.0219

  	
   

  	
  1.0199

  	
   

  	
  1.0180

  	
   

  	
  1.0162

  	
   

  	
  1.0146

  	
   

  	
  1.0132

  	
   

  	
  1.0118

  	
   

  	
  1.0106

  	
   

  	
  1.0095

  	
   

  	
  1.0085

  	
   

  
	
  45

  	
   

  	
  1.0245

  	
   

  	
  1.0222

  	
   

  	
  1.0201

  	
   

  	
  1.0182

  	
   

  	
  1.0164

  	
   

  	
  1.0148

  	
   

  	
  1.0133

  	
   

  	
  1.0120

  	
   

  	
  1.0107

  	
   

  	
  1.0096

  	
   

  
	
  46

  	
   

  	
  1.0273

  	
   

  	
  1.0248

  	
   

  	
  1.0225

  	
   

  	
  1.0203

  	
   

  	
  1.0184

  	
   

  	
  1.0166

  	
   

  	
  1.0149

  	
   

  	
  1.0134

  	
   

  	
  1.0121

  	
   

  	
  1.0108

  	
   

  
	
  47

  	
   

  	
  1.0304

  	
   

  	
  1.0276

  	
   

  	
  1.0250

  	
   

  	
  1.0227

  	
   

  	
  1.0205

  	
   

  	
  1.0185

  	
   

  	
  1.0167

  	
   

  	
  1.0150

  	
   

  	
  1.0135

  	
   

  	
  1.0121

  	
   

  
	
  48

  	
   

  	
  1.0338

  	
   

  	
  1.0307

  	
   

  	
  1.0279

  	
   

  	
  1.0252

  	
   

  	
  1.0228

  	
   

  	
  1.0206

  	
   

  	
  1.0186

  	
   

  	
  1.0168

  	
   

  	
  1.0151

  	
   

  	
  1.0136

  	
   

  
	
  49

  	
   

  	
  1.0375

  	
   

  	
  1.0341

  	
   

  	
  1.0309

  	
   

  	
  1.0280

  	
   

  	
  1.0254

  	
   

  	
  1.0229

  	
   

  	
  1.0207

  	
   

  	
  1.0187

  	
   

  	
  1.0168

  	
   

  	
  1.0151

  	
   

  
	
  50

  	
   

  	
  1.0415

  	
   

  	
  1.0378

  	
   

  	
  1.0343

  	
   

  	
  1.0311

  	
   

  	
  1.0282

  	
   

  	
  1.0255

  	
   

  	
  1.0230

  	
   

  	
  1.0207

  	
   

  	
  1.0187

  	
   

  	
  1.0168

  	
   

  
	
  51

  	
   

  	
  1.0459

  	
   

  	
  1.0418

  	
   

  	
  1.0380

  	
   

  	
  1.0345

  	
   

  	
  1.0312

  	
   

  	
  1.0282

  	
   

  	
  1.0255

  	
   

  	
  1.0230

  	
   

  	
  1.0207

  	
   

  	
  1.0187

  	
   

  
	
  52

  	
   

  	
  1.0508

  	
   

  	
  1.0462

  	
   

  	
  1.0420

  	
   

  	
  1.0381

  	
   

  	
  1.0346

  	
   

  	
  1.0313

  	
   

  	
  1.0283

  	
   

  	
  1.0255

  	
   

  	
  1.0230

  	
   

  	
  1.0207

  	
   

  
	
  53

  	
   

  	
  1.0561

  	
   

  	
  1.0511

  	
   

  	
  1.0465

  	
   

  	
  1.0422

  	
   

  	
  1.0382

  	
   

  	
  1.0346

  	
   

  	
  1.0313

  	
   

  	
  1.0282

  	
   

  	
  1.0254

  	
   

  	
  1.0229

  	
   

  
	
  54

  	
   

  	
  1.0620

  	
   

  	
  1.0565

  	
   

  	
  1.0514

  	
   

  	
  1.0466

  	
   

  	
  1.0423

  	
   

  	
  1.0383

  	
   

  	
  1.0346

  	
   

  	
  1.0312

  	
   

  	
  1.0282

  	
   

  	
  1.0254

  	
   

  
	
  55

  	
   

  	
  1.0685

  	
   

  	
  1.0624

  	
   

  	
  1.0568

  	
   

  	
  1.0516

  	
   

  	
  1.0468

  	
   

  	
  1.0424

  	
   

  	
  1.0383

  	
   

  	
  1.0346

  	
   

  	
  1.0312

  	
   

  	
  1.0281

  	
   

  
	
  56

  	
   

  	
  1.0757

  	
   

  	
  1.0690

  	
   

  	
  1.0628

  	
   

  	
  1.0571

  	
   

  	
  1.0518

  	
   

  	
  1.0469

  	
   

  	
  1.0424

  	
   

  	
  1.0383

  	
   

  	
  1.0345

  	
   

  	
  1.0311

  	
   

  
	
  57

  	
   

  	
  1.0837

  	
   

  	
  1.0763

  	
   

  	
  1.0695

  	
   

  	
  1.0632

  	
   

  	
  1.0574

  	
   

  	
  1.0520

  	
   

  	
  1.0470

  	
   

  	
  1.0425

  	
   

  	
  1.0383

  	
   

  	
  1.0345

  	
   

  
	
  58

  	
   

  	
  1.0926

  	
   

  	
  1.0846

  	
   

  	
  1.0771

  	
   

  	
  1.0701

  	
   

  	
  1.0636

  	
   

  	
  1.0577

  	
   

  	
  1.0522

  	
   

  	
  1.0471

  	
   

  	
  1.0425

  	
   

  	
  1.0383

  	
   

  
	
  59

  	
   

  	
  1.1027

  	
   

  	
  1.0938

  	
   

  	
  1.0855

  	
   

  	
  1.0778

  	
   

  	
  1.0707

  	
   

  	
  1.0641

  	
   

  	
  1.0580

  	
   

  	
  1.0524

  	
   

  	
  1.0473

  	
   

  	
  1.0426

  	
   

  
	
  60

  	
   

  	
  1.1139

  	
   

  	
  1.1042

  	
   

  	
  1.0950

  	
   

  	
  1.0865

  	
   

  	
  1.0786

  	
   

  	
  1.0714

  	
   

  	
  1.0646

  	
   

  	
  1.0584

  	
   

  	
  1.0528

  	
   

  	
  1.0476

  	
   

  
	
  61

  	
   

  	
  1.1266

  	
   

  	
  1.1158

  	
   

  	
  1.1058

  	
   

  	
  1.0964

  	
   

  	
  1.0877

  	
   

  	
  1.0796

  	
   

  	
  1.0721

  	
   

  	
  1.0653

  	
   

  	
  1.0589

  	
   

  	
  1.0532

  	
   

  
	
  62

  	
   

  	
  1.1408

  	
   

  	
  1.1289

  	
   

  	
  1.1178

  	
   

  	
  1.1075

  	
   

  	
  1.0978

  	
   

  	
  1.0889

  	
   

  	
  1.0806

  	
   

  	
  1.0730

  	
   

  	
  1.0660

  	
   

  	
  1.0596

  	
   

  
	
  63

  	
   

  	
  1.1567

  	
   

  	
  1.1436

  	
   

  	
  1.1314

  	
   

  	
  1.1200

  	
   

  	
  1.1093

  	
   

  	
  1.0994

  	
   

  	
  1.0903

  	
   

  	
  1.0818

  	
   

  	
  1.0740

  	
   

  	
  1.0668

  	
   

  
	
  64

  	
   

  	
  1.1744

  	
   

  	
  1.1601

  	
   

  	
  1.1466

  	
   

  	
  1.1340

  	
   

  	
  1.1223

  	
   

  	
  1.1113

  	
   

  	
  1.1011

  	
   

  	
  1.0917

  	
   

  	
  1.0831

  	
   

  	
  1.0751

  	
   

  
	
  65

  	
   

  	
  1.1941

  	
   

  	
  1.1784

  	
   

  	
  1.1636

  	
   

  	
  1.1497

  	
   

  	
  1.1367

  	
   

  	
  1.1246

  	
   

  	
  1.1134

  	
   

  	
  1.1029

  	
   

  	
  1.0933

  	
   

  	
  1.0844

  	
   

  
	
  66

  	
   

  	
  1.2160

  	
   

  	
  1.1987

  	
   

  	
  1.1825

  	
   

  	
  1.1672

  	
   

  	
  1.1529

  	
   

  	
  1.1395

  	
   

  	
  1.1270

  	
   

  	
  1.1154

  	
   

  	
  1.1047

  	
   

  	
  1.0949

  	
   

  
	
  67

  	
   

  	
  1.2399

  	
   

  	
  1.2211

  	
   

  	
  1.2032

  	
   

  	
  1.1864

  	
   

  	
  1.1707

  	
   

  	
  1.1559

  	
   

  	
  1.1421

  	
   

  	
  1.1293

  	
   

  	
  1.1174

  	
   

  	
  1.1065

  	
   

  
	
  68

  	
   

  	
  1.2663

  	
   

  	
  1.2457

  	
   

  	
  1.2262

  	
   

  	
  1.2077

  	
   

  	
  1.1904

  	
   

  	
  1.1741

  	
   

  	
  1.1589

  	
   

  	
  1.1448

  	
   

  	
  1.1316

  	
   

  	
  1.1194

  	
   

  
	
  69

  	
   

  	
  1.2957

  	
   

  	
  1.2732

  	
   

  	
  1.2518

  	
   

  	
  1.2316

  	
   

  	
  1.2125

  	
   

  	
  1.1946

  	
   

  	
  1.1778

  	
   

  	
  1.1621

  	
   

  	
  1.1476

  	
   

  	
  1.1341

  	
   

  
	
  70

  	
   

  	
  1.3285

  	
   

  	
  1.3039

  	
   

  	
  1.2805

  	
   

  	
  1.2583

  	
   

  	
  1.2374

  	
   

  	
  1.2177

  	
   

  	
  1.1992

  	
   

  	
  1.1819

  	
   

  	
  1.1657

  	
   

  	
  1.1507

  	
   

  

 

42

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  80

  	
   

  	
  81

  	
   

  	
  82

  	
   

  	
  83

  	
   

  	
  84

  	
   

  	
  85

  	
   

  	
  86

  	
   

  	
  87

  	
   

  	
  88

  	
   

  	
  89

  	
   

  
	
  20

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  
	
  21

  	
   

  	
  1.0009

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  
	
  22

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  
	
  23

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  
	
  24

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  
	
  25

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  
	
  26

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  
	
  27

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  
	
  28

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  
	
  29

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  
	
  30

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  
	
  31

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  
	
  32

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  
	
  33

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  
	
  34

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0008

  	
   

  
	
  35

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  
	
  36

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  
	
  37

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  
	
  38

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  
	
  39

  	
   

  	
  1.0041

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  
	
  40

  	
   

  	
  1.0047

  	
   

  	
  1.0041

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0015

  	
   

  
	
  41

  	
   

  	
  1.0053

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0020

  	
   

  	
  1.0017

  	
   

  
	
  42

  	
   

  	
  1.0060

  	
   

  	
  1.0053

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0020

  	
   

  
	
  43

  	
   

  	
  1.0068

  	
   

  	
  1.0060

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  	
  1.0042

  	
   

  	
  1.0038

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  
	
  44

  	
   

  	
  1.0076

  	
   

  	
  1.0068

  	
   

  	
  1.0061

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  	
  1.0038

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  
	
  45

  	
   

  	
  1.0086

  	
   

  	
  1.0077

  	
   

  	
  1.0069

  	
   

  	
  1.0061

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  	
  1.0038

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  
	
  46

  	
   

  	
  1.0097

  	
   

  	
  1.0087

  	
   

  	
  1.0077

  	
   

  	
  1.0069

  	
   

  	
  1.0062

  	
   

  	
  1.0055

  	
   

  	
  1.0049

  	
   

  	
  1.0043

  	
   

  	
  1.0038

  	
   

  	
  1.0033

  	
   

  
	
  47

  	
   

  	
  1.0109

  	
   

  	
  1.0097

  	
   

  	
  1.0087

  	
   

  	
  1.0078

  	
   

  	
  1.0069

  	
   

  	
  1.0062

  	
   

  	
  1.0055

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  	
  1.0038

  	
   

  
	
  48

  	
   

  	
  1.0122

  	
   

  	
  1.0109

  	
   

  	
  1.0098

  	
   

  	
  1.0087

  	
   

  	
  1.0078

  	
   

  	
  1.0069

  	
   

  	
  1.0061

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  
	
  49

  	
   

  	
  1.0136

  	
   

  	
  1.0122

  	
   

  	
  1.0109

  	
   

  	
  1.0097

  	
   

  	
  1.0087

  	
   

  	
  1.0077

  	
   

  	
  1.0069

  	
   

  	
  1.0061

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  
	
  50

  	
   

  	
  1.0151

  	
   

  	
  1.0135

  	
   

  	
  1.0121

  	
   

  	
  1.0109

  	
   

  	
  1.0097

  	
   

  	
  1.0086

  	
   

  	
  1.0077

  	
   

  	
  1.0068

  	
   

  	
  1.0060

  	
   

  	
  1.0053

  	
   

  
	
  51

  	
   

  	
  1.0168

  	
   

  	
  1.0151

  	
   

  	
  1.0135

  	
   

  	
  1.0121

  	
   

  	
  1.0108

  	
   

  	
  1.0096

  	
   

  	
  1.0086

  	
   

  	
  1.0076

  	
   

  	
  1.0067

  	
   

  	
  1.0060

  	
   

  
	
  52

  	
   

  	
  1.0186

  	
   

  	
  1.0167

  	
   

  	
  1.0150

  	
   

  	
  1.0134

  	
   

  	
  1.0120

  	
   

  	
  1.0107

  	
   

  	
  1.0095

  	
   

  	
  1.0085

  	
   

  	
  1.0075

  	
   

  	
  1.0066

  	
   

  
	
  53

  	
   

  	
  1.0206

  	
   

  	
  1.0185

  	
   

  	
  1.0166

  	
   

  	
  1.0149

  	
   

  	
  1.0133

  	
   

  	
  1.0119

  	
   

  	
  1.0106

  	
   

  	
  1.0094

  	
   

  	
  1.0083

  	
   

  	
  1.0074

  	
   

  
	
  54

  	
   

  	
  1.0228

  	
   

  	
  1.0205

  	
   

  	
  1.0184

  	
   

  	
  1.0165

  	
   

  	
  1.0147

  	
   

  	
  1.0131

  	
   

  	
  1.0117

  	
   

  	
  1.0104

  	
   

  	
  1.0092

  	
   

  	
  1.0082

  	
   

  
	
  55

  	
   

  	
  1.0253

  	
   

  	
  1.0227

  	
   

  	
  1.0204

  	
   

  	
  1.0182

  	
   

  	
  1.0163

  	
   

  	
  1.0146

  	
   

  	
  1.0130

  	
   

  	
  1.0115

  	
   

  	
  1.0102

  	
   

  	
  1.0090

  	
   

  
	
  56

  	
   

  	
  1.0280

  	
   

  	
  1.0251

  	
   

  	
  1.0226

  	
   

  	
  1.0202

  	
   

  	
  1.0181

  	
   

  	
  1.0161

  	
   

  	
  1.0144

  	
   

  	
  1.0128

  	
   

  	
  1.0113

  	
   

  	
  1.0100

  	
   

  
	
  57

  	
   

  	
  1.0310

  	
   

  	
  1.0279

  	
   

  	
  1.0250

  	
   

  	
  1.0224

  	
   

  	
  1.0200

  	
   

  	
  1.0179

  	
   

  	
  1.0159

  	
   

  	
  1.0142

  	
   

  	
  1.0126

  	
   

  	
  1.0111

  	
   

  
	
  58

  	
   

  	
  1.0345

  	
   

  	
  1.0310

  	
   

  	
  1.0278

  	
   

  	
  1.0249

  	
   

  	
  1.0223

  	
   

  	
  1.0199

  	
   

  	
  1.0177

  	
   

  	
  1.0157

  	
   

  	
  1.0139

  	
   

  	
  1.0123

  	
   

  
	
  59

  	
   

  	
  1.0384

  	
   

  	
  1.0345

  	
   

  	
  1.0309

  	
   

  	
  1.0277

  	
   

  	
  1.0248

  	
   

  	
  1.0221

  	
   

  	
  1.0197

  	
   

  	
  1.0175

  	
   

  	
  1.0155

  	
   

  	
  1.0137

  	
   

  
	
  60

  	
   

  	
  1.0428

  	
   

  	
  1.0385

  	
   

  	
  1.0345

  	
   

  	
  1.0310

  	
   

  	
  1.0277

  	
   

  	
  1.0247

  	
   

  	
  1.0220

  	
   

  	
  1.0196

  	
   

  	
  1.0173

  	
   

  	
  1.0153

  	
   

  
	
  61

  	
   

  	
  1.0479

  	
   

  	
  1.0431

  	
   

  	
  1.0387

  	
   

  	
  1.0347

  	
   

  	
  1.0310

  	
   

  	
  1.0277

  	
   

  	
  1.0247

  	
   

  	
  1.0219

  	
   

  	
  1.0194

  	
   

  	
  1.0172

  	
   

  
	
  62

  	
   

  	
  1.0537

  	
   

  	
  1.0483

  	
   

  	
  1.0434

  	
   

  	
  1.0389

  	
   

  	
  1.0348

  	
   

  	
  1.0311

  	
   

  	
  1.0277

  	
   

  	
  1.0246

  	
   

  	
  1.0219

  	
   

  	
  1.0193

  	
   

  
	
  63

  	
   

  	
  1.0603

  	
   

  	
  1.0543

  	
   

  	
  1.0488

  	
   

  	
  1.0438

  	
   

  	
  1.0392

  	
   

  	
  1.0350

  	
   

  	
  1.0312

  	
   

  	
  1.0278

  	
   

  	
  1.0247

  	
   

  	
  1.0218

  	
   

  
	
  64

  	
   

  	
  1.0678

  	
   

  	
  1.0611

  	
   

  	
  1.0549

  	
   

  	
  1.0493

  	
   

  	
  1.0442

  	
   

  	
  1.0395

  	
   

  	
  1.0353

  	
   

  	
  1.0314

  	
   

  	
  1.0279

  	
   

  	
  1.0247

  	
   

  
	
  65

  	
   

  	
  1.0763

  	
   

  	
  1.0688

  	
   

  	
  1.0619

  	
   

  	
  1.0556

  	
   

  	
  1.0499

  	
   

  	
  1.0447

  	
   

  	
  1.0399

  	
   

  	
  1.0355

  	
   

  	
  1.0316

  	
   

  	
  1.0280

  	
   

  
	
  66

  	
   

  	
  1.0858

  	
   

  	
  1.0774

  	
   

  	
  1.0698

  	
   

  	
  1.0628

  	
   

  	
  1.0563

  	
   

  	
  1.0504

  	
   

  	
  1.0451

  	
   

  	
  1.0402

  	
   

  	
  1.0357

  	
   

  	
  1.0317

  	
   

  
	
  67

  	
   

  	
  1.0964

  	
   

  	
  1.0871

  	
   

  	
  1.0785

  	
   

  	
  1.0707

  	
   

  	
  1.0635

  	
   

  	
  1.0569

  	
   

  	
  1.0509

  	
   

  	
  1.0454

  	
   

  	
  1.0404

  	
   

  	
  1.0358

  	
   

  
	
  68

  	
   

  	
  1.1082

  	
   

  	
  1.0978

  	
   

  	
  1.0883

  	
   

  	
  1.0796

  	
   

  	
  1.0715

  	
   

  	
  1.0641

  	
   

  	
  1.0574

  	
   

  	
  1.0512

  	
   

  	
  1.0456

  	
   

  	
  1.0405

  	
   

  
	
  69

  	
   

  	
  1.1216

  	
   

  	
  1.1101

  	
   

  	
  1.0994

  	
   

  	
  1.0897

  	
   

  	
  1.0807

  	
   

  	
  1.0724

  	
   

  	
  1.0648

  	
   

  	
  1.0579

  	
   

  	
  1.0516

  	
   

  	
  1.0458

  	
   

  
	
  70

  	
   

  	
  1.1369

  	
   

  	
  1.1240

  	
   

  	
  1.1122

  	
   

  	
  1.1013

  	
   

  	
  1.0912

  	
   

  	
  1.0819

  	
   

  	
  1.0734

  	
   

  	
  1.0657

  	
   

  	
  1.0585

  	
   

  	
  1.0521

  	
   

  

 

43

 

Table A

Factors to Convert a 50% Joint and
Survivor Annuity to a Life Annuity

 

Supplemental Retirement Plan for Top
Management

 

Equivalent Benefit Payable Under Single
Life Annuity Option for Each $1.00 of Life Annuity Otherwise Payable

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  20

  	
   

  	
  21

  	
   

  	
  22

  	
   

  	
  23

  	
   

  	
  24

  	
   

  	
  25

  	
   

  	
  26

  	
   

  	
  27

  	
   

  	
  28

  	
   

  	
  29

  	
   

  
	
  20

  	
   

  	
  1.0243

  	
   

  	
  1.0234

  	
   

  	
  1.0226

  	
   

  	
  1.0217

  	
   

  	
  1.0208

  	
   

  	
  1.0200

  	
   

  	
  1.0192

  	
   

  	
  1.0184

  	
   

  	
  1.0176

  	
   

  	
  1.0168

  	
   

  
	
  21

  	
   

  	
  1.0262

  	
   

  	
  1.0253

  	
   

  	
  1.0244

  	
   

  	
  1.0234

  	
   

  	
  1.0225

  	
   

  	
  1.0216

  	
   

  	
  1.0208

  	
   

  	
  1.0199

  	
   

  	
  1.0190

  	
   

  	
  1.0182

  	
   

  
	
  22

  	
   

  	
  1.0283

  	
   

  	
  1.0273

  	
   

  	
  1.0263

  	
   

  	
  1.0253

  	
   

  	
  1.0244

  	
   

  	
  1.0234

  	
   

  	
  1.0225

  	
   

  	
  1.0216

  	
   

  	
  1.0206

  	
   

  	
  1.0198

  	
   

  
	
  23

  	
   

  	
  1.0305

  	
   

  	
  1.0294

  	
   

  	
  1.0284

  	
   

  	
  1.0274

  	
   

  	
  1.0264

  	
   

  	
  1.0253

  	
   

  	
  1.0243

  	
   

  	
  1.0234

  	
   

  	
  1.0224

  	
   

  	
  1.0214

  	
   

  
	
  24

  	
   

  	
  1.0328

  	
   

  	
  1.0317

  	
   

  	
  1.0306

  	
   

  	
  1.0296

  	
   

  	
  1.0285

  	
   

  	
  1.0274

  	
   

  	
  1.0264

  	
   

  	
  1.0253

  	
   

  	
  1.0243

  	
   

  	
  1.0233

  	
   

  
	
  25

  	
   

  	
  1.0353

  	
   

  	
  1.0342

  	
   

  	
  1.0331

  	
   

  	
  1.0319

  	
   

  	
  1.0308

  	
   

  	
  1.0297

  	
   

  	
  1.0285

  	
   

  	
  1.0274

  	
   

  	
  1.0263

  	
   

  	
  1.0252

  	
   

  
	
  26

  	
   

  	
  1.0380

  	
   

  	
  1.0369

  	
   

  	
  1.0357

  	
   

  	
  1.0345

  	
   

  	
  1.0333

  	
   

  	
  1.0321

  	
   

  	
  1.0309

  	
   

  	
  1.0297

  	
   

  	
  1.0285

  	
   

  	
  1.0274

  	
   

  
	
  27

  	
   

  	
  1.0409

  	
   

  	
  1.0397

  	
   

  	
  1.0384

  	
   

  	
  1.0372

  	
   

  	
  1.0359

  	
   

  	
  1.0347

  	
   

  	
  1.0334

  	
   

  	
  1.0322

  	
   

  	
  1.0309

  	
   

  	
  1.0297

  	
   

  
	
  28

  	
   

  	
  1.0440

  	
   

  	
  1.0427

  	
   

  	
  1.0414

  	
   

  	
  1.0401

  	
   

  	
  1.0388

  	
   

  	
  1.0375

  	
   

  	
  1.0362

  	
   

  	
  1.0348

  	
   

  	
  1.0335

  	
   

  	
  1.0322

  	
   

  
	
  29

  	
   

  	
  1.0473

  	
   

  	
  1.0460

  	
   

  	
  1.0446

  	
   

  	
  1.0432

  	
   

  	
  1.0419

  	
   

  	
  1.0405

  	
   

  	
  1.0391

  	
   

  	
  1.0377

  	
   

  	
  1.0363

  	
   

  	
  1.0349

  	
   

  
	
  30

  	
   

  	
  1.0508

  	
   

  	
  1.0494

  	
   

  	
  1.0480

  	
   

  	
  1.0466

  	
   

  	
  1.0451

  	
   

  	
  1.0437

  	
   

  	
  1.0422

  	
   

  	
  1.0408

  	
   

  	
  1.0393

  	
   

  	
  1.0379

  	
   

  
	
  31

  	
   

  	
  1.0546

  	
   

  	
  1.0531

  	
   

  	
  1.0517

  	
   

  	
  1.0502

  	
   

  	
  1.0487

  	
   

  	
  1.0471

  	
   

  	
  1.0456

  	
   

  	
  1.0441

  	
   

  	
  1.0426

  	
   

  	
  1.0410

  	
   

  
	
  32

  	
   

  	
  1.0586

  	
   

  	
  1.0571

  	
   

  	
  1.0555

  	
   

  	
  1.0540

  	
   

  	
  1.0524

  	
   

  	
  1.0508

  	
   

  	
  1.0493

  	
   

  	
  1.0476

  	
   

  	
  1.0460

  	
   

  	
  1.0444

  	
   

  
	
  33

  	
   

  	
  1.0628

  	
   

  	
  1.0613

  	
   

  	
  1.0597

  	
   

  	
  1.0581

  	
   

  	
  1.0565

  	
   

  	
  1.0548

  	
   

  	
  1.0531

  	
   

  	
  1.0515

  	
   

  	
  1.0498

  	
   

  	
  1.0481

  	
   

  
	
  34

  	
   

  	
  1.0674

  	
   

  	
  1.0658

  	
   

  	
  1.0641

  	
   

  	
  1.0625

  	
   

  	
  1.0608

  	
   

  	
  1.0590

  	
   

  	
  1.0573

  	
   

  	
  1.0556

  	
   

  	
  1.0538

  	
   

  	
  1.0520

  	
   

  
	
  35

  	
   

  	
  1.0722

  	
   

  	
  1.0705

  	
   

  	
  1.0689

  	
   

  	
  1.0671

  	
   

  	
  1.0654

  	
   

  	
  1.0636

  	
   

  	
  1.0618

  	
   

  	
  1.0599

  	
   

  	
  1.0581

  	
   

  	
  1.0562

  	
   

  
	
  36

  	
   

  	
  1.0773

  	
   

  	
  1.0756

  	
   

  	
  1.0739

  	
   

  	
  1.0721

  	
   

  	
  1.0703

  	
   

  	
  1.0684

  	
   

  	
  1.0665

  	
   

  	
  1.0646

  	
   

  	
  1.0627

  	
   

  	
  1.0608

  	
   

  
	
  37

  	
   

  	
  1.0828

  	
   

  	
  1.0811

  	
   

  	
  1.0793

  	
   

  	
  1.0774

  	
   

  	
  1.0755

  	
   

  	
  1.0736

  	
   

  	
  1.0716

  	
   

  	
  1.0697

  	
   

  	
  1.0677

  	
   

  	
  1.0656

  	
   

  
	
  38

  	
   

  	
  1.0886

  	
   

  	
  1.0868

  	
   

  	
  1.0850

  	
   

  	
  1.0831

  	
   

  	
  1.0811

  	
   

  	
  1.0791

  	
   

  	
  1.0771

  	
   

  	
  1.0750

  	
   

  	
  1.0730

  	
   

  	
  1.0708

  	
   

  
	
  39

  	
   

  	
  1.0949

  	
   

  	
  1.0930

  	
   

  	
  1.0911

  	
   

  	
  1.0891

  	
   

  	
  1.0871

  	
   

  	
  1.0850

  	
   

  	
  1.0829

  	
   

  	
  1.0808

  	
   

  	
  1.0786

  	
   

  	
  1.0764

  	
   

  
	
  40

  	
   

  	
  1.1015

  	
   

  	
  1.0995

  	
   

  	
  1.0976

  	
   

  	
  1.0955

  	
   

  	
  1.0935

  	
   

  	
  1.0913

  	
   

  	
  1.0892

  	
   

  	
  1.0870

  	
   

  	
  1.0847

  	
   

  	
  1.0824

  	
   

  
	
  41

  	
   

  	
  1.1085

  	
   

  	
  1.1065

  	
   

  	
  1.1045

  	
   

  	
  1.1024

  	
   

  	
  1.1003

  	
   

  	
  1.0981

  	
   

  	
  1.0958

  	
   

  	
  1.0935

  	
   

  	
  1.0912

  	
   

  	
  1.0888

  	
   

  
	
  42

  	
   

  	
  1.1160

  	
   

  	
  1.1140

  	
   

  	
  1.1119

  	
   

  	
  1.1097

  	
   

  	
  1.1075

  	
   

  	
  1.1052

  	
   

  	
  1.1029

  	
   

  	
  1.1006

  	
   

  	
  1.0981

  	
   

  	
  1.0957

  	
   

  
	
  43

  	
   

  	
  1.1239

  	
   

  	
  1.1218

  	
   

  	
  1.1197

  	
   

  	
  1.1175

  	
   

  	
  1.1152

  	
   

  	
  1.1129

  	
   

  	
  1.1105

  	
   

  	
  1.1080

  	
   

  	
  1.1055

  	
   

  	
  1.1030

  	
   

  
	
  44

  	
   

  	
  1.1323

  	
   

  	
  1.1302

  	
   

  	
  1.1280

  	
   

  	
  1.1257

  	
   

  	
  1.1234

  	
   

  	
  1.1210

  	
   

  	
  1.1185

  	
   

  	
  1.1160

  	
   

  	
  1.1134

  	
   

  	
  1.1107

  	
   

  
	
  45

  	
   

  	
  1.1412

  	
   

  	
  1.1390

  	
   

  	
  1.1368

  	
   

  	
  1.1344

  	
   

  	
  1.1320

  	
   

  	
  1.1295

  	
   

  	
  1.1270

  	
   

  	
  1.1244

  	
   

  	
  1.1217

  	
   

  	
  1.1190

  	
   

  
	
  46

  	
   

  	
  1.1506

  	
   

  	
  1.1484

  	
   

  	
  1.1460

  	
   

  	
  1.1436

  	
   

  	
  1.1412

  	
   

  	
  1.1386

  	
   

  	
  1.1360

  	
   

  	
  1.1333

  	
   

  	
  1.1305

  	
   

  	
  1.1277

  	
   

  
	
  47

  	
   

  	
  1.1605

  	
   

  	
  1.1582

  	
   

  	
  1.1558

  	
   

  	
  1.1534

  	
   

  	
  1.1508

  	
   

  	
  1.1482

  	
   

  	
  1.1455

  	
   

  	
  1.1427

  	
   

  	
  1.1399

  	
   

  	
  1.1369

  	
   

  
	
  48

  	
   

  	
  1.1710

  	
   

  	
  1.1686

  	
   

  	
  1.1662

  	
   

  	
  1.1637

  	
   

  	
  1.1610

  	
   

  	
  1.1583

  	
   

  	
  1.1556

  	
   

  	
  1.1527

  	
   

  	
  1.1497

  	
   

  	
  1.1467

  	
   

  
	
  49

  	
   

  	
  1.1821

  	
   

  	
  1.1796

  	
   

  	
  1.1771

  	
   

  	
  1.1745

  	
   

  	
  1.1718

  	
   

  	
  1.1690

  	
   

  	
  1.1662

  	
   

  	
  1.1632

  	
   

  	
  1.1602

  	
   

  	
  1.1571

  	
   

  
	
  50

  	
   

  	
  1.1937

  	
   

  	
  1.1912

  	
   

  	
  1.1887

  	
   

  	
  1.1860

  	
   

  	
  1.1832

  	
   

  	
  1.1804

  	
   

  	
  1.1774

  	
   

  	
  1.1744

  	
   

  	
  1.1712

  	
   

  	
  1.1680

  	
   

  
	
  51

  	
   

  	
  1.2061

  	
   

  	
  1.2035

  	
   

  	
  1.2009

  	
   

  	
  1.1981

  	
   

  	
  1.1953

  	
   

  	
  1.1923

  	
   

  	
  1.1893

  	
   

  	
  1.1862

  	
   

  	
  1.1830

  	
   

  	
  1.1796

  	
   

  
	
  52

  	
   

  	
  1.2191

  	
   

  	
  1.2165

  	
   

  	
  1.2138

  	
   

  	
  1.2110

  	
   

  	
  1.2080

  	
   

  	
  1.2050

  	
   

  	
  1.2019

  	
   

  	
  1.1987

  	
   

  	
  1.1954

  	
   

  	
  1.1919

  	
   

  
	
  53

  	
   

  	
  1.2330

  	
   

  	
  1.2303

  	
   

  	
  1.2275

  	
   

  	
  1.2246

  	
   

  	
  1.2216

  	
   

  	
  1.2185

  	
   

  	
  1.2152

  	
   

  	
  1.2119

  	
   

  	
  1.2085

  	
   

  	
  1.2050

  	
   

  
	
  54

  	
   

  	
  1.2476

  	
   

  	
  1.2449

  	
   

  	
  1.2420

  	
   

  	
  1.2390

  	
   

  	
  1.2359

  	
   

  	
  1.2327

  	
   

  	
  1.2294

  	
   

  	
  1.2260

  	
   

  	
  1.2225

  	
   

  	
  1.2188

  	
   

  
	
  55

  	
   

  	
  1.2632

  	
   

  	
  1.2604

  	
   

  	
  1.2574

  	
   

  	
  1.2543

  	
   

  	
  1.2512

  	
   

  	
  1.2479

  	
   

  	
  1.2445

  	
   

  	
  1.2410

  	
   

  	
  1.2373

  	
   

  	
  1.2336

  	
   

  
	
  56

  	
   

  	
  1.2798

  	
   

  	
  1.2769

  	
   

  	
  1.2738

  	
   

  	
  1.2707

  	
   

  	
  1.2674

  	
   

  	
  1.2640

  	
   

  	
  1.2605

  	
   

  	
  1.2569

  	
   

  	
  1.2532

  	
   

  	
  1.2493

  	
   

  
	
  57

  	
   

  	
  1.2975

  	
   

  	
  1.2945

  	
   

  	
  1.2914

  	
   

  	
  1.2881

  	
   

  	
  1.2848

  	
   

  	
  1.2813

  	
   

  	
  1.2777

  	
   

  	
  1.2739

  	
   

  	
  1.2701

  	
   

  	
  1.2661

  	
   

  
	
  58

  	
   

  	
  1.3164

  	
   

  	
  1.3133

  	
   

  	
  1.3101

  	
   

  	
  1.3068

  	
   

  	
  1.3033

  	
   

  	
  1.2997

  	
   

  	
  1.2960

  	
   

  	
  1.2922

  	
   

  	
  1.2882

  	
   

  	
  1.2841

  	
   

  
	
  59

  	
   

  	
  1.3367

  	
   

  	
  1.3335

  	
   

  	
  1.3302

  	
   

  	
  1.3268

  	
   

  	
  1.3232

  	
   

  	
  1.3195

  	
   

  	
  1.3157

  	
   

  	
  1.3117

  	
   

  	
  1.3076

  	
   

  	
  1.3033

  	
   

  
	
  60

  	
   

  	
  1.3585

  	
   

  	
  1.3552

  	
   

  	
  1.3518

  	
   

  	
  1.3483

  	
   

  	
  1.3446

  	
   

  	
  1.3408

  	
   

  	
  1.3368

  	
   

  	
  1.3327

  	
   

  	
  1.3285

  	
   

  	
  1.3241

  	
   

  
	
  61

  	
   

  	
  1.3820

  	
   

  	
  1.3786

  	
   

  	
  1.3750

  	
   

  	
  1.3714

  	
   

  	
  1.3676

  	
   

  	
  1.3636

  	
   

  	
  1.3595

  	
   

  	
  1.3553

  	
   

  	
  1.3509

  	
   

  	
  1.3464

  	
   

  
	
  62

  	
   

  	
  1.4072

  	
   

  	
  1.4037

  	
   

  	
  1.4000

  	
   

  	
  1.3962

  	
   

  	
  1.3923

  	
   

  	
  1.3882

  	
   

  	
  1.3840

  	
   

  	
  1.3796

  	
   

  	
  1.3751

  	
   

  	
  1.3704

  	
   

  
	
  63

  	
   

  	
  1.4343

  	
   

  	
  1.4307

  	
   

  	
  1.4269

  	
   

  	
  1.4230

  	
   

  	
  1.4190

  	
   

  	
  1.4148

  	
   

  	
  1.4104

  	
   

  	
  1.4058

  	
   

  	
  1.4011

  	
   

  	
  1.3963

  	
   

  
	
  64

  	
   

  	
  1.4636

  	
   

  	
  1.4598

  	
   

  	
  1.4559

  	
   

  	
  1.4519

  	
   

  	
  1.4477

  	
   

  	
  1.4433

  	
   

  	
  1.4388

  	
   

  	
  1.4341

  	
   

  	
  1.4292

  	
   

  	
  1.4241

  	
   

  
	
  65

  	
   

  	
  1.4950

  	
   

  	
  1.4911

  	
   

  	
  1.4871

  	
   

  	
  1.4829

  	
   

  	
  1.4785

  	
   

  	
  1.4740

  	
   

  	
  1.4693

  	
   

  	
  1.4644

  	
   

  	
  1.4593

  	
   

  	
  1.4541

  	
   

  
	
  66

  	
   

  	
  1.5287

  	
   

  	
  1.5247

  	
   

  	
  1.5205

  	
   

  	
  1.5161

  	
   

  	
  1.5116

  	
   

  	
  1.5069

  	
   

  	
  1.5020

  	
   

  	
  1.4969

  	
   

  	
  1.4917

  	
   

  	
  1.4862

  	
   

  
	
  67

  	
   

  	
  1.5647

  	
   

  	
  1.5605

  	
   

  	
  1.5562

  	
   

  	
  1.5516

  	
   

  	
  1.5469

  	
   

  	
  1.5421

  	
   

  	
  1.5370

  	
   

  	
  1.5317

  	
   

  	
  1.5263

  	
   

  	
  1.5206

  	
   

  
	
  68

  	
   

  	
  1.6033

  	
   

  	
  1.5989

  	
   

  	
  1.5944

  	
   

  	
  1.5897

  	
   

  	
  1.5848

  	
   

  	
  1.5798

  	
   

  	
  1.5745

  	
   

  	
  1.5690

  	
   

  	
  1.5634

  	
   

  	
  1.5575

  	
   

  
	
  69

  	
   

  	
  1.6450

  	
   

  	
  1.6405

  	
   

  	
  1.6358

  	
   

  	
  1.6309

  	
   

  	
  1.6258

  	
   

  	
  1.6205

  	
   

  	
  1.6150

  	
   

  	
  1.6093

  	
   

  	
  1.6034

  	
   

  	
  1.5973

  	
   

  
	
  70

  	
   

  	
  1.6903

  	
   

  	
  1.6856

  	
   

  	
  1.6807

  	
   

  	
  1.6756

  	
   

  	
  1.6703

  	
   

  	
  1.6648

  	
   

  	
  1.6591

  	
   

  	
  1.6531

  	
   

  	
  1.6470

  	
   

  	
  1.6406

  	
   

  

 

44

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  30

  	
   

  	
  31

  	
   

  	
  32

  	
   

  	
  33

  	
   

  	
  34

  	
   

  	
  35

  	
   

  	
  36

  	
   

  	
  37

  	
   

  	
  38

  	
   

  	
  39

  	
   

  
	
  20

  	
   

  	
  1.0160

  	
   

  	
  1.0153

  	
   

  	
  1.0146

  	
   

  	
  1.0139

  	
   

  	
  1.0132

  	
   

  	
  1.0126

  	
   

  	
  1.0119

  	
   

  	
  1.0113

  	
   

  	
  1.0107

  	
   

  	
  1.0102

  	
   

  
	
  21

  	
   

  	
  1.0174

  	
   

  	
  1.0166

  	
   

  	
  1.0158

  	
   

  	
  1.0151

  	
   

  	
  1.0143

  	
   

  	
  1.0136

  	
   

  	
  1.0130

  	
   

  	
  1.0123

  	
   

  	
  1.0117

  	
   

  	
  1.0110

  	
   

  
	
  22

  	
   

  	
  1.0189

  	
   

  	
  1.0180

  	
   

  	
  1.0172

  	
   

  	
  1.0164

  	
   

  	
  1.0156

  	
   

  	
  1.0148

  	
   

  	
  1.0141

  	
   

  	
  1.0134

  	
   

  	
  1.0127

  	
   

  	
  1.0120

  	
   

  
	
  23

  	
   

  	
  1.0205

  	
   

  	
  1.0196

  	
   

  	
  1.0187

  	
   

  	
  1.0178

  	
   

  	
  1.0170

  	
   

  	
  1.0161

  	
   

  	
  1.0153

  	
   

  	
  1.0146

  	
   

  	
  1.0138

  	
   

  	
  1.0131

  	
   

  
	
  24

  	
   

  	
  1.0223

  	
   

  	
  1.0213

  	
   

  	
  1.0203

  	
   

  	
  1.0194

  	
   

  	
  1.0185

  	
   

  	
  1.0176

  	
   

  	
  1.0167

  	
   

  	
  1.0159

  	
   

  	
  1.0150

  	
   

  	
  1.0143

  	
   

  
	
  25

  	
   

  	
  1.0242

  	
   

  	
  1.0231

  	
   

  	
  1.0221

  	
   

  	
  1.0211

  	
   

  	
  1.0201

  	
   

  	
  1.0191

  	
   

  	
  1.0182

  	
   

  	
  1.0173

  	
   

  	
  1.0164

  	
   

  	
  1.0156

  	
   

  
	
  26

  	
   

  	
  1.0262

  	
   

  	
  1.0251

  	
   

  	
  1.0240

  	
   

  	
  1.0229

  	
   

  	
  1.0219

  	
   

  	
  1.0208

  	
   

  	
  1.0198

  	
   

  	
  1.0189

  	
   

  	
  1.0179

  	
   

  	
  1.0170

  	
   

  
	
  27

  	
   

  	
  1.0285

  	
   

  	
  1.0273

  	
   

  	
  1.0261

  	
   

  	
  1.0250

  	
   

  	
  1.0238

  	
   

  	
  1.0227

  	
   

  	
  1.0216

  	
   

  	
  1.0206

  	
   

  	
  1.0195

  	
   

  	
  1.0185

  	
   

  
	
  28

  	
   

  	
  1.0309

  	
   

  	
  1.0297

  	
   

  	
  1.0284

  	
   

  	
  1.0272

  	
   

  	
  1.0259

  	
   

  	
  1.0247

  	
   

  	
  1.0236

  	
   

  	
  1.0224

  	
   

  	
  1.0213

  	
   

  	
  1.0203

  	
   

  
	
  29

  	
   

  	
  1.0336

  	
   

  	
  1.0322

  	
   

  	
  1.0309

  	
   

  	
  1.0295

  	
   

  	
  1.0282

  	
   

  	
  1.0270

  	
   

  	
  1.0257

  	
   

  	
  1.0245

  	
   

  	
  1.0233

  	
   

  	
  1.0221

  	
   

  
	
  30

  	
   

  	
  1.0364

  	
   

  	
  1.0350

  	
   

  	
  1.0336

  	
   

  	
  1.0321

  	
   

  	
  1.0308

  	
   

  	
  1.0294

  	
   

  	
  1.0280

  	
   

  	
  1.0267

  	
   

  	
  1.0254

  	
   

  	
  1.0242

  	
   

  
	
  31

  	
   

  	
  1.0395

  	
   

  	
  1.0380

  	
   

  	
  1.0365

  	
   

  	
  1.0350

  	
   

  	
  1.0335

  	
   

  	
  1.0320

  	
   

  	
  1.0306

  	
   

  	
  1.0292

  	
   

  	
  1.0278

  	
   

  	
  1.0264

  	
   

  
	
  32

  	
   

  	
  1.0428

  	
   

  	
  1.0412

  	
   

  	
  1.0396

  	
   

  	
  1.0380

  	
   

  	
  1.0364

  	
   

  	
  1.0349

  	
   

  	
  1.0333

  	
   

  	
  1.0318

  	
   

  	
  1.0303

  	
   

  	
  1.0289

  	
   

  
	
  33

  	
   

  	
  1.0464

  	
   

  	
  1.0447

  	
   

  	
  1.0430

  	
   

  	
  1.0413

  	
   

  	
  1.0396

  	
   

  	
  1.0380

  	
   

  	
  1.0363

  	
   

  	
  1.0347

  	
   

  	
  1.0331

  	
   

  	
  1.0316

  	
   

  
	
  34

  	
   

  	
  1.0502

  	
   

  	
  1.0484

  	
   

  	
  1.0466

  	
   

  	
  1.0449

  	
   

  	
  1.0431

  	
   

  	
  1.0413

  	
   

  	
  1.0396

  	
   

  	
  1.0378

  	
   

  	
  1.0361

  	
   

  	
  1.0345

  	
   

  
	
  35

  	
   

  	
  1.0543

  	
   

  	
  1.0525

  	
   

  	
  1.0506

  	
   

  	
  1.0487

  	
   

  	
  1.0468

  	
   

  	
  1.0449

  	
   

  	
  1.0431

  	
   

  	
  1.0413

  	
   

  	
  1.0394

  	
   

  	
  1.0377

  	
   

  
	
  36

  	
   

  	
  1.0588

  	
   

  	
  1.0568

  	
   

  	
  1.0548

  	
   

  	
  1.0528

  	
   

  	
  1.0509

  	
   

  	
  1.0489

  	
   

  	
  1.0469

  	
   

  	
  1.0450

  	
   

  	
  1.0430

  	
   

  	
  1.0411

  	
   

  
	
  37

  	
   

  	
  1.0636

  	
   

  	
  1.0615

  	
   

  	
  1.0594

  	
   

  	
  1.0573

  	
   

  	
  1.0552

  	
   

  	
  1.0531

  	
   

  	
  1.0510

  	
   

  	
  1.0490

  	
   

  	
  1.0469

  	
   

  	
  1.0449

  	
   

  
	
  38

  	
   

  	
  1.0687

  	
   

  	
  1.0665

  	
   

  	
  1.0643

  	
   

  	
  1.0621

  	
   

  	
  1.0599

  	
   

  	
  1.0577

  	
   

  	
  1.0555

  	
   

  	
  1.0533

  	
   

  	
  1.0511

  	
   

  	
  1.0490

  	
   

  
	
  39

  	
   

  	
  1.0742

  	
   

  	
  1.0719

  	
   

  	
  1.0696

  	
   

  	
  1.0673

  	
   

  	
  1.0650

  	
   

  	
  1.0627

  	
   

  	
  1.0603

  	
   

  	
  1.0580

  	
   

  	
  1.0557

  	
   

  	
  1.0534

  	
   

  
	
  40

  	
   

  	
  1.0801

  	
   

  	
  1.0777

  	
   

  	
  1.0753

  	
   

  	
  1.0729

  	
   

  	
  1.0705

  	
   

  	
  1.0680

  	
   

  	
  1.0656

  	
   

  	
  1.0631

  	
   

  	
  1.0606

  	
   

  	
  1.0582

  	
   

  
	
  41

  	
   

  	
  1.0864

  	
   

  	
  1.0839

  	
   

  	
  1.0814

  	
   

  	
  1.0789

  	
   

  	
  1.0763

  	
   

  	
  1.0738

  	
   

  	
  1.0712

  	
   

  	
  1.0686

  	
   

  	
  1.0660

  	
   

  	
  1.0634

  	
   

  
	
  42

  	
   

  	
  1.0931

  	
   

  	
  1.0906

  	
   

  	
  1.0880

  	
   

  	
  1.0853

  	
   

  	
  1.0827

  	
   

  	
  1.0800

  	
   

  	
  1.0772

  	
   

  	
  1.0745

  	
   

  	
  1.0718

  	
   

  	
  1.0690

  	
   

  
	
  43

  	
   

  	
  1.1003

  	
   

  	
  1.0977

  	
   

  	
  1.0950

  	
   

  	
  1.0922

  	
   

  	
  1.0894

  	
   

  	
  1.0866

  	
   

  	
  1.0838

  	
   

  	
  1.0809

  	
   

  	
  1.0780

  	
   

  	
  1.0751

  	
   

  
	
  44

  	
   

  	
  1.1080

  	
   

  	
  1.1052

  	
   

  	
  1.1024

  	
   

  	
  1.0995

  	
   

  	
  1.0966

  	
   

  	
  1.0937

  	
   

  	
  1.0907

  	
   

  	
  1.0877

  	
   

  	
  1.0847

  	
   

  	
  1.0816

  	
   

  
	
  45

  	
   

  	
  1.1161

  	
   

  	
  1.1133

  	
   

  	
  1.1103

  	
   

  	
  1.1074

  	
   

  	
  1.1043

  	
   

  	
  1.1012

  	
   

  	
  1.0981

  	
   

  	
  1.0950

  	
   

  	
  1.0918

  	
   

  	
  1.0886

  	
   

  
	
  46

  	
   

  	
  1.1248

  	
   

  	
  1.1218

  	
   

  	
  1.1188

  	
   

  	
  1.1157

  	
   

  	
  1.1125

  	
   

  	
  1.1093

  	
   

  	
  1.1060

  	
   

  	
  1.1027

  	
   

  	
  1.0994

  	
   

  	
  1.0960

  	
   

  
	
  47

  	
   

  	
  1.1339

  	
   

  	
  1.1308

  	
   

  	
  1.1277

  	
   

  	
  1.1245

  	
   

  	
  1.1212

  	
   

  	
  1.1178

  	
   

  	
  1.1144

  	
   

  	
  1.1110

  	
   

  	
  1.1075

  	
   

  	
  1.1040

  	
   

  
	
  48

  	
   

  	
  1.1436

  	
   

  	
  1.1404

  	
   

  	
  1.1371

  	
   

  	
  1.1338

  	
   

  	
  1.1304

  	
   

  	
  1.1269

  	
   

  	
  1.1234

  	
   

  	
  1.1198

  	
   

  	
  1.1161

  	
   

  	
  1.1124

  	
   

  
	
  49

  	
   

  	
  1.1539

  	
   

  	
  1.1506

  	
   

  	
  1.1472

  	
   

  	
  1.1437

  	
   

  	
  1.1402

  	
   

  	
  1.1366

  	
   

  	
  1.1329

  	
   

  	
  1.1291

  	
   

  	
  1.1253

  	
   

  	
  1.1214

  	
   

  
	
  50

  	
   

  	
  1.1647

  	
   

  	
  1.1613

  	
   

  	
  1.1578

  	
   

  	
  1.1542

  	
   

  	
  1.1505

  	
   

  	
  1.1468

  	
   

  	
  1.1429

  	
   

  	
  1.1390

  	
   

  	
  1.1351

  	
   

  	
  1.1310

  	
   

  
	
  51

  	
   

  	
  1.1762

  	
   

  	
  1.1727

  	
   

  	
  1.1691

  	
   

  	
  1.1654

  	
   

  	
  1.1615

  	
   

  	
  1.1576

  	
   

  	
  1.1537

  	
   

  	
  1.1496

  	
   

  	
  1.1454

  	
   

  	
  1.1412

  	
   

  
	
  52

  	
   

  	
  1.1884

  	
   

  	
  1.1848

  	
   

  	
  1.1810

  	
   

  	
  1.1772

  	
   

  	
  1.1732

  	
   

  	
  1.1692

  	
   

  	
  1.1650

  	
   

  	
  1.1608

  	
   

  	
  1.1565

  	
   

  	
  1.1521

  	
   

  
	
  53

  	
   

  	
  1.2013

  	
   

  	
  1.1976

  	
   

  	
  1.1937

  	
   

  	
  1.1897

  	
   

  	
  1.1856

  	
   

  	
  1.1815

  	
   

  	
  1.1772

  	
   

  	
  1.1728

  	
   

  	
  1.1683

  	
   

  	
  1.1637

  	
   

  
	
  54

  	
   

  	
  1.2151

  	
   

  	
  1.2112

  	
   

  	
  1.2072

  	
   

  	
  1.2031

  	
   

  	
  1.1989

  	
   

  	
  1.1945

  	
   

  	
  1.1901

  	
   

  	
  1.1855

  	
   

  	
  1.1808

  	
   

  	
  1.1761

  	
   

  
	
  55

  	
   

  	
  1.2297

  	
   

  	
  1.2257

  	
   

  	
  1.2216

  	
   

  	
  1.2173

  	
   

  	
  1.2129

  	
   

  	
  1.2085

  	
   

  	
  1.2038

  	
   

  	
  1.1991

  	
   

  	
  1.1942

  	
   

  	
  1.1893

  	
   

  
	
  56

  	
   

  	
  1.2453

  	
   

  	
  1.2412

  	
   

  	
  1.2369

  	
   

  	
  1.2325

  	
   

  	
  1.2280

  	
   

  	
  1.2233

  	
   

  	
  1.2185

  	
   

  	
  1.2136

  	
   

  	
  1.2086

  	
   

  	
  1.2034

  	
   

  
	
  57

  	
   

  	
  1.2620

  	
   

  	
  1.2577

  	
   

  	
  1.2533

  	
   

  	
  1.2487

  	
   

  	
  1.2441

  	
   

  	
  1.2392

  	
   

  	
  1.2343

  	
   

  	
  1.2292

  	
   

  	
  1.2239

  	
   

  	
  1.2186

  	
   

  
	
  58

  	
   

  	
  1.2798

  	
   

  	
  1.2754

  	
   

  	
  1.2708

  	
   

  	
  1.2661

  	
   

  	
  1.2613

  	
   

  	
  1.2563

  	
   

  	
  1.2511

  	
   

  	
  1.2459

  	
   

  	
  1.2404

  	
   

  	
  1.2348

  	
   

  
	
  59

  	
   

  	
  1.2989

  	
   

  	
  1.2944

  	
   

  	
  1.2897

  	
   

  	
  1.2848

  	
   

  	
  1.2798

  	
   

  	
  1.2746

  	
   

  	
  1.2693

  	
   

  	
  1.2638

  	
   

  	
  1.2581

  	
   

  	
  1.2523

  	
   

  
	
  60

  	
   

  	
  1.3195

  	
   

  	
  1.3148

  	
   

  	
  1.3099

  	
   

  	
  1.3049

  	
   

  	
  1.2997

  	
   

  	
  1.2943

  	
   

  	
  1.2888

  	
   

  	
  1.2831

  	
   

  	
  1.2772

  	
   

  	
  1.2712

  	
   

  
	
  61

  	
   

  	
  1.3416

  	
   

  	
  1.3368

  	
   

  	
  1.3317

  	
   

  	
  1.3265

  	
   

  	
  1.3211

  	
   

  	
  1.3156

  	
   

  	
  1.3098

  	
   

  	
  1.3039

  	
   

  	
  1.2978

  	
   

  	
  1.2915

  	
   

  
	
  62

  	
   

  	
  1.3655

  	
   

  	
  1.3604

  	
   

  	
  1.3552

  	
   

  	
  1.3498

  	
   

  	
  1.3442

  	
   

  	
  1.3384

  	
   

  	
  1.3325

  	
   

  	
  1.3263

  	
   

  	
  1.3200

  	
   

  	
  1.3135

  	
   

  
	
  63

  	
   

  	
  1.3912

  	
   

  	
  1.3860

  	
   

  	
  1.3805

  	
   

  	
  1.3749

  	
   

  	
  1.3691

  	
   

  	
  1.3631

  	
   

  	
  1.3569

  	
   

  	
  1.3506

  	
   

  	
  1.3440

  	
   

  	
  1.3372

  	
   

  
	
  64

  	
   

  	
  1.4189

  	
   

  	
  1.4134

  	
   

  	
  1.4078

  	
   

  	
  1.4020

  	
   

  	
  1.3960

  	
   

  	
  1.3897

  	
   

  	
  1.3833

  	
   

  	
  1.3767

  	
   

  	
  1.3698

  	
   

  	
  1.3627

  	
   

  
	
  65

  	
   

  	
  1.4486

  	
   

  	
  1.4430

  	
   

  	
  1.4372

  	
   

  	
  1.4311

  	
   

  	
  1.4249

  	
   

  	
  1.4184

  	
   

  	
  1.4117

  	
   

  	
  1.4048

  	
   

  	
  1.3976

  	
   

  	
  1.3902

  	
   

  
	
  66

  	
   

  	
  1.4806

  	
   

  	
  1.4747

  	
   

  	
  1.4687

  	
   

  	
  1.4624

  	
   

  	
  1.4558

  	
   

  	
  1.4491

  	
   

  	
  1.4421

  	
   

  	
  1.4349

  	
   

  	
  1.4275

  	
   

  	
  1.4198

  	
   

  
	
  67

  	
   

  	
  1.5147

  	
   

  	
  1.5086

  	
   

  	
  1.5023

  	
   

  	
  1.4958

  	
   

  	
  1.4890

  	
   

  	
  1.4820

  	
   

  	
  1.4747

  	
   

  	
  1.4672

  	
   

  	
  1.4595

  	
   

  	
  1.4514

  	
   

  
	
  68

  	
   

  	
  1.5513

  	
   

  	
  1.5450

  	
   

  	
  1.5384

  	
   

  	
  1.5316

  	
   

  	
  1.5245

  	
   

  	
  1.5172

  	
   

  	
  1.5097

  	
   

  	
  1.5018

  	
   

  	
  1.4938

  	
   

  	
  1.4854

  	
   

  
	
  69

  	
   

  	
  1.5909

  	
   

  	
  1.5843

  	
   

  	
  1.5775

  	
   

  	
  1.5703

  	
   

  	
  1.5630

  	
   

  	
  1.5554

  	
   

  	
  1.5475

  	
   

  	
  1.5393

  	
   

  	
  1.5308

  	
   

  	
  1.5221

  	
   

  
	
  70

  	
   

  	
  1.6339

  	
   

  	
  1.6270

  	
   

  	
  1.6199

  	
   

  	
  1.6124

  	
   

  	
  1.6048

  	
   

  	
  1.5968

  	
   

  	
  1.5885

  	
   

  	
  1.5800

  	
   

  	
  1.5712

  	
   

  	
  1.5620

  	
   

  

 

45

 

Equivalent Benefit
Payable Under Single Life Annuity Option for Each $1.00 Otherwise Payable

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  40

  	
   

  	
  41

  	
   

  	
  42

  	
   

  	
  43

  	
   

  	
  44

  	
   

  	
  45

  	
   

  	
  46

  	
   

  	
  47

  	
   

  	
  48

  	
   

  	
  49

  	
   

  
	
  20

  	
   

  	
  1.0096

  	
   

  	
  1.0091

  	
   

  	
  1.0086

  	
   

  	
  1.0081

  	
   

  	
  1.0076

  	
   

  	
  1.0072

  	
   

  	
  1.0068

  	
   

  	
  1.0064

  	
   

  	
  1.0060

  	
   

  	
  1.0056

  	
   

  
	
  21

  	
   

  	
  1.0104

  	
   

  	
  1.0099

  	
   

  	
  1.0093

  	
   

  	
  1.0088

  	
   

  	
  1.0083

  	
   

  	
  1.0078

  	
   

  	
  1.0074

  	
   

  	
  1.0069

  	
   

  	
  1.0065

  	
   

  	
  1.0061

  	
   

  
	
  22

  	
   

  	
  1.0114

  	
   

  	
  1.0107

  	
   

  	
  1.0102

  	
   

  	
  1.0096

  	
   

  	
  1.0090

  	
   

  	
  1.0085

  	
   

  	
  1.0080

  	
   

  	
  1.0075

  	
   

  	
  1.0071

  	
   

  	
  1.0066

  	
   

  
	
  23

  	
   

  	
  1.0124

  	
   

  	
  1.0117

  	
   

  	
  1.0111

  	
   

  	
  1.0104

  	
   

  	
  1.0098

  	
   

  	
  1.0093

  	
   

  	
  1.0087

  	
   

  	
  1.0082

  	
   

  	
  1.0077

  	
   

  	
  1.0072

  	
   

  
	
  24

  	
   

  	
  1.0135

  	
   

  	
  1.0128

  	
   

  	
  1.0121

  	
   

  	
  1.0114

  	
   

  	
  1.0107

  	
   

  	
  1.0101

  	
   

  	
  1.0095

  	
   

  	
  1.0089

  	
   

  	
  1.0084

  	
   

  	
  1.0079

  	
   

  
	
  25

  	
   

  	
  1.0147

  	
   

  	
  1.0139

  	
   

  	
  1.0132

  	
   

  	
  1.0124

  	
   

  	
  1.0117

  	
   

  	
  1.0110

  	
   

  	
  1.0104

  	
   

  	
  1.0098

  	
   

  	
  1.0092

  	
   

  	
  1.0086

  	
   

  
	
  26

  	
   

  	
  1.0161

  	
   

  	
  1.0152

  	
   

  	
  1.0144

  	
   

  	
  1.0136

  	
   

  	
  1.0128

  	
   

  	
  1.0121

  	
   

  	
  1.0113

  	
   

  	
  1.0107

  	
   

  	
  1.0100

  	
   

  	
  1.0094

  	
   

  
	
  27

  	
   

  	
  1.0176

  	
   

  	
  1.0166

  	
   

  	
  1.0157

  	
   

  	
  1.0149

  	
   

  	
  1.0140

  	
   

  	
  1.0132

  	
   

  	
  1.0124

  	
   

  	
  1.0117

  	
   

  	
  1.0110

  	
   

  	
  1.0103

  	
   

  
	
  28

  	
   

  	
  1.0192

  	
   

  	
  1.0182

  	
   

  	
  1.0172

  	
   

  	
  1.0163

  	
   

  	
  1.0153

  	
   

  	
  1.0145

  	
   

  	
  1.0136

  	
   

  	
  1.0128

  	
   

  	
  1.0120

  	
   

  	
  1.0113

  	
   

  
	
  29

  	
   

  	
  1.0210

  	
   

  	
  1.0199

  	
   

  	
  1.0188

  	
   

  	
  1.0178

  	
   

  	
  1.0168

  	
   

  	
  1.0158

  	
   

  	
  1.0149

  	
   

  	
  1.0140

  	
   

  	
  1.0132

  	
   

  	
  1.0124

  	
   

  
	
  30

  	
   

  	
  1.0230

  	
   

  	
  1.0218

  	
   

  	
  1.0206

  	
   

  	
  1.0195

  	
   

  	
  1.0184

  	
   

  	
  1.0174

  	
   

  	
  1.0164

  	
   

  	
  1.0154

  	
   

  	
  1.0145

  	
   

  	
  1.0136

  	
   

  
	
  31

  	
   

  	
  1.0251

  	
   

  	
  1.0238

  	
   

  	
  1.0226

  	
   

  	
  1.0214

  	
   

  	
  1.0202

  	
   

  	
  1.0190

  	
   

  	
  1.0180

  	
   

  	
  1.0169

  	
   

  	
  1.0159

  	
   

  	
  1.0149

  	
   

  
	
  32

  	
   

  	
  1.0275

  	
   

  	
  1.0261

  	
   

  	
  1.0247

  	
   

  	
  1.0234

  	
   

  	
  1.0221

  	
   

  	
  1.0209

  	
   

  	
  1.0197

  	
   

  	
  1.0186

  	
   

  	
  1.0175

  	
   

  	
  1.0164

  	
   

  
	
  33

  	
   

  	
  1.0300

  	
   

  	
  1.0285

  	
   

  	
  1.0271

  	
   

  	
  1.0257

  	
   

  	
  1.0243

  	
   

  	
  1.0229

  	
   

  	
  1.0216

  	
   

  	
  1.0204

  	
   

  	
  1.0192

  	
   

  	
  1.0180

  	
   

  
	
  34

  	
   

  	
  1.0328

  	
   

  	
  1.0312

  	
   

  	
  1.0297

  	
   

  	
  1.0281

  	
   

  	
  1.0266

  	
   

  	
  1.0252

  	
   

  	
  1.0238

  	
   

  	
  1.0224

  	
   

  	
  1.0211

  	
   

  	
  1.0198

  	
   

  
	
  35

  	
   

  	
  1.0359

  	
   

  	
  1.0342

  	
   

  	
  1.0325

  	
   

  	
  1.0308

  	
   

  	
  1.0292

  	
   

  	
  1.0276

  	
   

  	
  1.0261

  	
   

  	
  1.0247

  	
   

  	
  1.0232

  	
   

  	
  1.0219

  	
   

  
	
  36

  	
   

  	
  1.0392

  	
   

  	
  1.0374

  	
   

  	
  1.0356

  	
   

  	
  1.0338

  	
   

  	
  1.0320

  	
   

  	
  1.0304

  	
   

  	
  1.0287

  	
   

  	
  1.0271

  	
   

  	
  1.0256

  	
   

  	
  1.0241

  	
   

  
	
  37

  	
   

  	
  1.0429

  	
   

  	
  1.0409

  	
   

  	
  1.0389

  	
   

  	
  1.0370

  	
   

  	
  1.0351

  	
   

  	
  1.0333

  	
   

  	
  1.0315

  	
   

  	
  1.0298

  	
   

  	
  1.0281

  	
   

  	
  1.0265

  	
   

  
	
  38

  	
   

  	
  1.0468

  	
   

  	
  1.0447

  	
   

  	
  1.0426

  	
   

  	
  1.0405

  	
   

  	
  1.0385

  	
   

  	
  1.0366

  	
   

  	
  1.0346

  	
   

  	
  1.0328

  	
   

  	
  1.0310

  	
   

  	
  1.0292

  	
   

  
	
  39

  	
   

  	
  1.0511

  	
   

  	
  1.0488

  	
   

  	
  1.0466

  	
   

  	
  1.0444

  	
   

  	
  1.0422

  	
   

  	
  1.0401

  	
   

  	
  1.0381

  	
   

  	
  1.0360

  	
   

  	
  1.0341

  	
   

  	
  1.0321

  	
   

  
	
  40

  	
   

  	
  1.0558

  	
   

  	
  1.0534

  	
   

  	
  1.0510

  	
   

  	
  1.0486

  	
   

  	
  1.0463

  	
   

  	
  1.0440

  	
   

  	
  1.0418

  	
   

  	
  1.0396

  	
   

  	
  1.0375

  	
   

  	
  1.0354

  	
   

  
	
  41

  	
   

  	
  1.0608

  	
   

  	
  1.0583

  	
   

  	
  1.0557

  	
   

  	
  1.0532

  	
   

  	
  1.0507

  	
   

  	
  1.0483

  	
   

  	
  1.0459

  	
   

  	
  1.0435

  	
   

  	
  1.0412

  	
   

  	
  1.0390

  	
   

  
	
  42

  	
   

  	
  1.0663

  	
   

  	
  1.0636

  	
   

  	
  1.0609

  	
   

  	
  1.0582

  	
   

  	
  1.0555

  	
   

  	
  1.0529

  	
   

  	
  1.0503

  	
   

  	
  1.0478

  	
   

  	
  1.0453

  	
   

  	
  1.0429

  	
   

  
	
  43

  	
   

  	
  1.0722

  	
   

  	
  1.0693

  	
   

  	
  1.0664

  	
   

  	
  1.0636

  	
   

  	
  1.0608

  	
   

  	
  1.0580

  	
   

  	
  1.0552

  	
   

  	
  1.0525

  	
   

  	
  1.0498

  	
   

  	
  1.0472

  	
   

  
	
  44

  	
   

  	
  1.0786

  	
   

  	
  1.0755

  	
   

  	
  1.0724

  	
   

  	
  1.0694

  	
   

  	
  1.0664

  	
   

  	
  1.0634

  	
   

  	
  1.0604

  	
   

  	
  1.0575

  	
   

  	
  1.0547

  	
   

  	
  1.0519

  	
   

  
	
  45

  	
   

  	
  1.0854

  	
   

  	
  1.0821

  	
   

  	
  1.0789

  	
   

  	
  1.0757

  	
   

  	
  1.0725

  	
   

  	
  1.0693

  	
   

  	
  1.0661

  	
   

  	
  1.0630

  	
   

  	
  1.0599

  	
   

  	
  1.0569

  	
   

  
	
  46

  	
   

  	
  1.0926

  	
   

  	
  1.0892

  	
   

  	
  1.0858

  	
   

  	
  1.0824

  	
   

  	
  1.0790

  	
   

  	
  1.0756

  	
   

  	
  1.0722

  	
   

  	
  1.0689

  	
   

  	
  1.0656

  	
   

  	
  1.0624

  	
   

  
	
  47

  	
   

  	
  1.1004

  	
   

  	
  1.0968

  	
   

  	
  1.0932

  	
   

  	
  1.0896

  	
   

  	
  1.0860

  	
   

  	
  1.0824

  	
   

  	
  1.0788

  	
   

  	
  1.0752

  	
   

  	
  1.0717

  	
   

  	
  1.0682

  	
   

  
	
  48

  	
   

  	
  1.1087

  	
   

  	
  1.1049

  	
   

  	
  1.1011

  	
   

  	
  1.0973

  	
   

  	
  1.0935

  	
   

  	
  1.0896

  	
   

  	
  1.0858

  	
   

  	
  1.0821

  	
   

  	
  1.0783

  	
   

  	
  1.0746

  	
   

  
	
  49

  	
   

  	
  1.1175

  	
   

  	
  1.1135

  	
   

  	
  1.1095

  	
   

  	
  1.1055

  	
   

  	
  1.1015

  	
   

  	
  1.0974

  	
   

  	
  1.0934

  	
   

  	
  1.0894

  	
   

  	
  1.0854

  	
   

  	
  1.0814

  	
   

  
	
  50

  	
   

  	
  1.1269

  	
   

  	
  1.1227

  	
   

  	
  1.1185

  	
   

  	
  1.1143

  	
   

  	
  1.1101

  	
   

  	
  1.1058

  	
   

  	
  1.1015

  	
   

  	
  1.0972

  	
   

  	
  1.0930

  	
   

  	
  1.0888

  	
   

  
	
  51

  	
   

  	
  1.1369

  	
   

  	
  1.1326

  	
   

  	
  1.1282

  	
   

  	
  1.1237

  	
   

  	
  1.1192

  	
   

  	
  1.1147

  	
   

  	
  1.1102

  	
   

  	
  1.1057

  	
   

  	
  1.1012

  	
   

  	
  1.0967

  	
   

  
	
  52

  	
   

  	
  1.1476

  	
   

  	
  1.1431

  	
   

  	
  1.1384

  	
   

  	
  1.1338

  	
   

  	
  1.1291

  	
   

  	
  1.1243

  	
   

  	
  1.1195

  	
   

  	
  1.1148

  	
   

  	
  1.1100

  	
   

  	
  1.1052

  	
   

  
	
  53

  	
   

  	
  1.1590

  	
   

  	
  1.1543

  	
   

  	
  1.1494

  	
   

  	
  1.1445

  	
   

  	
  1.1396

  	
   

  	
  1.1346

  	
   

  	
  1.1296

  	
   

  	
  1.1245

  	
   

  	
  1.1194

  	
   

  	
  1.1144

  	
   

  
	
  54

  	
   

  	
  1.1712

  	
   

  	
  1.1662

  	
   

  	
  1.1612

  	
   

  	
  1.1560

  	
   

  	
  1.1509

  	
   

  	
  1.1456

  	
   

  	
  1.1403

  	
   

  	
  1.1350

  	
   

  	
  1.1296

  	
   

  	
  1.1242

  	
   

  
	
  55

  	
   

  	
  1.1842

  	
   

  	
  1.1790

  	
   

  	
  1.1737

  	
   

  	
  1.1684

  	
   

  	
  1.1629

  	
   

  	
  1.1574

  	
   

  	
  1.1518

  	
   

  	
  1.1462

  	
   

  	
  1.1406

  	
   

  	
  1.1349

  	
   

  
	
  56

  	
   

  	
  1.1981

  	
   

  	
  1.1927

  	
   

  	
  1.1872

  	
   

  	
  1.1816

  	
   

  	
  1.1759

  	
   

  	
  1.1701

  	
   

  	
  1.1643

  	
   

  	
  1.1584

  	
   

  	
  1.1524

  	
   

  	
  1.1464

  	
   

  
	
  57

  	
   

  	
  1.2131

  	
   

  	
  1.2074

  	
   

  	
  1.2017

  	
   

  	
  1.1958

  	
   

  	
  1.1899

  	
   

  	
  1.1838

  	
   

  	
  1.1777

  	
   

  	
  1.1714

  	
   

  	
  1.1652

  	
   

  	
  1.1588

  	
   

  
	
  58

  	
   

  	
  1.2291

  	
   

  	
  1.2232

  	
   

  	
  1.2173

  	
   

  	
  1.2111

  	
   

  	
  1.2049

  	
   

  	
  1.1985

  	
   

  	
  1.1921

  	
   

  	
  1.1856

  	
   

  	
  1.1789

  	
   

  	
  1.1723

  	
   

  
	
  59

  	
   

  	
  1.2464

  	
   

  	
  1.2403

  	
   

  	
  1.2340

  	
   

  	
  1.2276

  	
   

  	
  1.2211

  	
   

  	
  1.2145

  	
   

  	
  1.2077

  	
   

  	
  1.2008

  	
   

  	
  1.1939

  	
   

  	
  1.1868

  	
   

  
	
  60

  	
   

  	
  1.2650

  	
   

  	
  1.2586

  	
   

  	
  1.2521

  	
   

  	
  1.2454

  	
   

  	
  1.2386

  	
   

  	
  1.2317

  	
   

  	
  1.2246

  	
   

  	
  1.2174

  	
   

  	
  1.2101

  	
   

  	
  1.2027

  	
   

  
	
  61

  	
   

  	
  1.2851

  	
   

  	
  1.2785

  	
   

  	
  1.2717

  	
   

  	
  1.2647

  	
   

  	
  1.2576

  	
   

  	
  1.2503

  	
   

  	
  1.2429

  	
   

  	
  1.2353

  	
   

  	
  1.2276

  	
   

  	
  1.2198

  	
   

  
	
  62

  	
   

  	
  1.3068

  	
   

  	
  1.2999

  	
   

  	
  1.2928

  	
   

  	
  1.2855

  	
   

  	
  1.2781

  	
   

  	
  1.2704

  	
   

  	
  1.2627

  	
   

  	
  1.2547

  	
   

  	
  1.2467

  	
   

  	
  1.2385

  	
   

  
	
  63

  	
   

  	
  1.3302

  	
   

  	
  1.3230

  	
   

  	
  1.3156

  	
   

  	
  1.3080

  	
   

  	
  1.3002

  	
   

  	
  1.2923

  	
   

  	
  1.2841

  	
   

  	
  1.2758

  	
   

  	
  1.2673

  	
   

  	
  1.2587

  	
   

  
	
  64

  	
   

  	
  1.3554

  	
   

  	
  1.3479

  	
   

  	
  1.3402

  	
   

  	
  1.3323

  	
   

  	
  1.3242

  	
   

  	
  1.3158

  	
   

  	
  1.3073

  	
   

  	
  1.2986

  	
   

  	
  1.2897

  	
   

  	
  1.2806

  	
   

  
	
  65

  	
   

  	
  1.3827

  	
   

  	
  1.3748

  	
   

  	
  1.3668

  	
   

  	
  1.3585

  	
   

  	
  1.3500

  	
   

  	
  1.3413

  	
   

  	
  1.3323

  	
   

  	
  1.3232

  	
   

  	
  1.3139

  	
   

  	
  1.3043

  	
   

  
	
  66

  	
   

  	
  1.4119

  	
   

  	
  1.4037

  	
   

  	
  1.3953

  	
   

  	
  1.3867

  	
   

  	
  1.3778

  	
   

  	
  1.3686

  	
   

  	
  1.3593

  	
   

  	
  1.3497

  	
   

  	
  1.3399

  	
   

  	
  1.3299

  	
   

  
	
  67

  	
   

  	
  1.4432

  	
   

  	
  1.4346

  	
   

  	
  1.4259

  	
   

  	
  1.4168

  	
   

  	
  1.4075

  	
   

  	
  1.3980

  	
   

  	
  1.3882

  	
   

  	
  1.3781

  	
   

  	
  1.3678

  	
   

  	
  1.3573

  	
   

  
	
  68

  	
   

  	
  1.4768

  	
   

  	
  1.4678

  	
   

  	
  1.4587

  	
   

  	
  1.4492

  	
   

  	
  1.4395

  	
   

  	
  1.4295

  	
   

  	
  1.4192

  	
   

  	
  1.4087

  	
   

  	
  1.3979

  	
   

  	
  1.3868

  	
   

  
	
  69

  	
   

  	
  1.5131

  	
   

  	
  1.5038

  	
   

  	
  1.4942

  	
   

  	
  1.4843

  	
   

  	
  1.4741

  	
   

  	
  1.4636

  	
   

  	
  1.4528

  	
   

  	
  1.4418

  	
   

  	
  1.4304

  	
   

  	
  1.4188

  	
   

  
	
  70

  	
   

  	
  1.5526

  	
   

  	
  1.5429

  	
   

  	
  1.5328

  	
   

  	
  1.5224

  	
   

  	
  1.5117

  	
   

  	
  1.5008

  	
   

  	
  1.4895

  	
   

  	
  1.4778

  	
   

  	
  1.4659

  	
   

  	
  1.4537

  	
   

  

 

46

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  50

  	
   

  	
  51

  	
   

  	
  52

  	
   

  	
  53

  	
   

  	
  54

  	
   

  	
  55

  	
   

  	
  56

  	
   

  	
  57

  	
   

  	
  58

  	
   

  	
  59

  	
   

  
	
  20

  	
   

  	
  1.0053

  	
   

  	
  1.0050

  	
   

  	
  1.0046

  	
   

  	
  1.0043

  	
   

  	
  1.0041

  	
   

  	
  1.0038

  	
   

  	
  1.0035

  	
   

  	
  1.0033

  	
   

  	
  1.0031

  	
   

  	
  1.0029

  	
   

  
	
  21

  	
   

  	
  1.0057

  	
   

  	
  1.0054

  	
   

  	
  1.0050

  	
   

  	
  1.0047

  	
   

  	
  1.0044

  	
   

  	
  1.0041

  	
   

  	
  1.0038

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0031

  	
   

  
	
  22

  	
   

  	
  1.0062

  	
   

  	
  1.0058

  	
   

  	
  1.0054

  	
   

  	
  1.0051

  	
   

  	
  1.0048

  	
   

  	
  1.0044

  	
   

  	
  1.0041

  	
   

  	
  1.0038

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  
	
  23

  	
   

  	
  1.0068

  	
   

  	
  1.0063

  	
   

  	
  1.0059

  	
   

  	
  1.0055

  	
   

  	
  1.0052

  	
   

  	
  1.0048

  	
   

  	
  1.0045

  	
   

  	
  1.0042

  	
   

  	
  1.0039

  	
   

  	
  1.0036

  	
   

  
	
  24

  	
   

  	
  1.0074

  	
   

  	
  1.0069

  	
   

  	
  1.0064

  	
   

  	
  1.0060

  	
   

  	
  1.0056

  	
   

  	
  1.0052

  	
   

  	
  1.0049

  	
   

  	
  1.0045

  	
   

  	
  1.0042

  	
   

  	
  1.0039

  	
   

  
	
  25

  	
   

  	
  1.0080

  	
   

  	
  1.0075

  	
   

  	
  1.0070

  	
   

  	
  1.0066

  	
   

  	
  1.0061

  	
   

  	
  1.0057

  	
   

  	
  1.0053

  	
   

  	
  1.0049

  	
   

  	
  1.0045

  	
   

  	
  1.0042

  	
   

  
	
  26

  	
   

  	
  1.0088

  	
   

  	
  1.0082

  	
   

  	
  1.0077

  	
   

  	
  1.0072

  	
   

  	
  1.0067

  	
   

  	
  1.0062

  	
   

  	
  1.0058

  	
   

  	
  1.0054

  	
   

  	
  1.0050

  	
   

  	
  1.0046

  	
   

  
	
  27

  	
   

  	
  1.0096

  	
   

  	
  1.0090

  	
   

  	
  1.0084

  	
   

  	
  1.0078

  	
   

  	
  1.0073

  	
   

  	
  1.0068

  	
   

  	
  1.0063

  	
   

  	
  1.0058

  	
   

  	
  1.0054

  	
   

  	
  1.0050

  	
   

  
	
  28

  	
   

  	
  1.0105

  	
   

  	
  1.0099

  	
   

  	
  1.0092

  	
   

  	
  1.0086

  	
   

  	
  1.0080

  	
   

  	
  1.0074

  	
   

  	
  1.0069

  	
   

  	
  1.0064

  	
   

  	
  1.0059

  	
   

  	
  1.0055

  	
   

  
	
  29

  	
   

  	
  1.0116

  	
   

  	
  1.0108

  	
   

  	
  1.0101

  	
   

  	
  1.0094

  	
   

  	
  1.0088

  	
   

  	
  1.0082

  	
   

  	
  1.0076

  	
   

  	
  1.0070

  	
   

  	
  1.0065

  	
   

  	
  1.0060

  	
   

  
	
  30

  	
   

  	
  1.0127

  	
   

  	
  1.0119

  	
   

  	
  1.0111

  	
   

  	
  1.0104

  	
   

  	
  1.0097

  	
   

  	
  1.0090

  	
   

  	
  1.0083

  	
   

  	
  1.0077

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  
	
  31

  	
   

  	
  1.0140

  	
   

  	
  1.0131

  	
   

  	
  1.0122

  	
   

  	
  1.0114

  	
   

  	
  1.0106

  	
   

  	
  1.0099

  	
   

  	
  1.0092

  	
   

  	
  1.0085

  	
   

  	
  1.0079

  	
   

  	
  1.0073

  	
   

  
	
  32

  	
   

  	
  1.0154

  	
   

  	
  1.0144

  	
   

  	
  1.0135

  	
   

  	
  1.0126

  	
   

  	
  1.0117

  	
   

  	
  1.0109

  	
   

  	
  1.0101

  	
   

  	
  1.0094

  	
   

  	
  1.0087

  	
   

  	
  1.0080

  	
   

  
	
  33

  	
   

  	
  1.0169

  	
   

  	
  1.0158

  	
   

  	
  1.0148

  	
   

  	
  1.0138

  	
   

  	
  1.0129

  	
   

  	
  1.0120

  	
   

  	
  1.0112

  	
   

  	
  1.0104

  	
   

  	
  1.0096

  	
   

  	
  1.0089

  	
   

  
	
  34

  	
   

  	
  1.0186

  	
   

  	
  1.0175

  	
   

  	
  1.0163

  	
   

  	
  1.0153

  	
   

  	
  1.0142

  	
   

  	
  1.0133

  	
   

  	
  1.0123

  	
   

  	
  1.0114

  	
   

  	
  1.0106

  	
   

  	
  1.0098

  	
   

  
	
  35

  	
   

  	
  1.0205

  	
   

  	
  1.0193

  	
   

  	
  1.0180

  	
   

  	
  1.0169

  	
   

  	
  1.0157

  	
   

  	
  1.0147

  	
   

  	
  1.0136

  	
   

  	
  1.0126

  	
   

  	
  1.0117

  	
   

  	
  1.0108

  	
   

  
	
  36

  	
   

  	
  1.0226

  	
   

  	
  1.0212

  	
   

  	
  1.0199

  	
   

  	
  1.0186

  	
   

  	
  1.0174

  	
   

  	
  1.0162

  	
   

  	
  1.0151

  	
   

  	
  1.0140

  	
   

  	
  1.0130

  	
   

  	
  1.0120

  	
   

  
	
  37

  	
   

  	
  1.0249

  	
   

  	
  1.0234

  	
   

  	
  1.0220

  	
   

  	
  1.0206

  	
   

  	
  1.0192

  	
   

  	
  1.0179

  	
   

  	
  1.0167

  	
   

  	
  1.0155

  	
   

  	
  1.0144

  	
   

  	
  1.0133

  	
   

  
	
  38

  	
   

  	
  1.0275

  	
   

  	
  1.0258

  	
   

  	
  1.0242

  	
   

  	
  1.0227

  	
   

  	
  1.0212

  	
   

  	
  1.0198

  	
   

  	
  1.0185

  	
   

  	
  1.0172

  	
   

  	
  1.0159

  	
   

  	
  1.0148

  	
   

  
	
  39

  	
   

  	
  1.0303

  	
   

  	
  1.0285

  	
   

  	
  1.0268

  	
   

  	
  1.0251

  	
   

  	
  1.0235

  	
   

  	
  1.0219

  	
   

  	
  1.0205

  	
   

  	
  1.0190

  	
   

  	
  1.0177

  	
   

  	
  1.0164

  	
   

  
	
  40

  	
   

  	
  1.0334

  	
   

  	
  1.0314

  	
   

  	
  1.0296

  	
   

  	
  1.0277

  	
   

  	
  1.0260

  	
   

  	
  1.0243

  	
   

  	
  1.0227

  	
   

  	
  1.0211

  	
   

  	
  1.0196

  	
   

  	
  1.0182

  	
   

  
	
  41

  	
   

  	
  1.0368

  	
   

  	
  1.0347

  	
   

  	
  1.0326

  	
   

  	
  1.0307

  	
   

  	
  1.0287

  	
   

  	
  1.0269

  	
   

  	
  1.0251

  	
   

  	
  1.0234

  	
   

  	
  1.0218

  	
   

  	
  1.0202

  	
   

  
	
  42

  	
   

  	
  1.0406

  	
   

  	
  1.0383

  	
   

  	
  1.0360

  	
   

  	
  1.0339

  	
   

  	
  1.0318

  	
   

  	
  1.0298

  	
   

  	
  1.0278

  	
   

  	
  1.0260

  	
   

  	
  1.0242

  	
   

  	
  1.0225

  	
   

  
	
  43

  	
   

  	
  1.0446

  	
   

  	
  1.0422

  	
   

  	
  1.0397

  	
   

  	
  1.0374

  	
   

  	
  1.0351

  	
   

  	
  1.0329

  	
   

  	
  1.0308

  	
   

  	
  1.0288

  	
   

  	
  1.0268

  	
   

  	
  1.0250

  	
   

  
	
  44

  	
   

  	
  1.0491

  	
   

  	
  1.0464

  	
   

  	
  1.0438

  	
   

  	
  1.0413

  	
   

  	
  1.0388

  	
   

  	
  1.0364

  	
   

  	
  1.0341

  	
   

  	
  1.0319

  	
   

  	
  1.0297

  	
   

  	
  1.0277

  	
   

  
	
  45

  	
   

  	
  1.0539

  	
   

  	
  1.0510

  	
   

  	
  1.0482

  	
   

  	
  1.0454

  	
   

  	
  1.0428

  	
   

  	
  1.0402

  	
   

  	
  1.0376

  	
   

  	
  1.0352

  	
   

  	
  1.0329

  	
   

  	
  1.0306

  	
   

  
	
  46

  	
   

  	
  1.0592

  	
   

  	
  1.0560

  	
   

  	
  1.0530

  	
   

  	
  1.0500

  	
   

  	
  1.0471

  	
   

  	
  1.0443

  	
   

  	
  1.0415

  	
   

  	
  1.0389

  	
   

  	
  1.0363

  	
   

  	
  1.0339

  	
   

  
	
  47

  	
   

  	
  1.0648

  	
   

  	
  1.0615

  	
   

  	
  1.0582

  	
   

  	
  1.0549

  	
   

  	
  1.0518

  	
   

  	
  1.0487

  	
   

  	
  1.0458

  	
   

  	
  1.0429

  	
   

  	
  1.0401

  	
   

  	
  1.0374

  	
   

  
	
  48

  	
   

  	
  1.0709

  	
   

  	
  1.0673

  	
   

  	
  1.0638

  	
   

  	
  1.0603

  	
   

  	
  1.0569

  	
   

  	
  1.0536

  	
   

  	
  1.0503

  	
   

  	
  1.0472

  	
   

  	
  1.0442

  	
   

  	
  1.0413

  	
   

  
	
  49

  	
   

  	
  1.0775

  	
   

  	
  1.0736

  	
   

  	
  1.0698

  	
   

  	
  1.0661

  	
   

  	
  1.0624

  	
   

  	
  1.0588

  	
   

  	
  1.0553

  	
   

  	
  1.0519

  	
   

  	
  1.0487

  	
   

  	
  1.0455

  	
   

  
	
  50

  	
   

  	
  1.0846

  	
   

  	
  1.0804

  	
   

  	
  1.0763

  	
   

  	
  1.0723

  	
   

  	
  1.0684

  	
   

  	
  1.0645

  	
   

  	
  1.0607

  	
   

  	
  1.0571

  	
   

  	
  1.0535

  	
   

  	
  1.0501

  	
   

  
	
  51

  	
   

  	
  1.0922

  	
   

  	
  1.0878

  	
   

  	
  1.0834

  	
   

  	
  1.0791

  	
   

  	
  1.0748

  	
   

  	
  1.0707

  	
   

  	
  1.0666

  	
   

  	
  1.0626

  	
   

  	
  1.0588

  	
   

  	
  1.0550

  	
   

  
	
  52

  	
   

  	
  1.1004

  	
   

  	
  1.0957

  	
   

  	
  1.0910

  	
   

  	
  1.0864

  	
   

  	
  1.0818

  	
   

  	
  1.0774

  	
   

  	
  1.0730

  	
   

  	
  1.0687

  	
   

  	
  1.0645

  	
   

  	
  1.0604

  	
   

  
	
  53

  	
   

  	
  1.1093

  	
   

  	
  1.1043

  	
   

  	
  1.0993

  	
   

  	
  1.0943

  	
   

  	
  1.0894

  	
   

  	
  1.0846

  	
   

  	
  1.0799

  	
   

  	
  1.0753

  	
   

  	
  1.0707

  	
   

  	
  1.0663

  	
   

  
	
  54

  	
   

  	
  1.1189

  	
   

  	
  1.1135

  	
   

  	
  1.1082

  	
   

  	
  1.1029

  	
   

  	
  1.0977

  	
   

  	
  1.0925

  	
   

  	
  1.0874

  	
   

  	
  1.0824

  	
   

  	
  1.0776

  	
   

  	
  1.0728

  	
   

  
	
  55

  	
   

  	
  1.1292

  	
   

  	
  1.1235

  	
   

  	
  1.1178

  	
   

  	
  1.1122

  	
   

  	
  1.1066

  	
   

  	
  1.1011

  	
   

  	
  1.0956

  	
   

  	
  1.0902

  	
   

  	
  1.0850

  	
   

  	
  1.0798

  	
   

  
	
  56

  	
   

  	
  1.1404

  	
   

  	
  1.1343

  	
   

  	
  1.1283

  	
   

  	
  1.1223

  	
   

  	
  1.1163

  	
   

  	
  1.1104

  	
   

  	
  1.1045

  	
   

  	
  1.0988

  	
   

  	
  1.0931

  	
   

  	
  1.0876

  	
   

  
	
  57

  	
   

  	
  1.1524

  	
   

  	
  1.1461

  	
   

  	
  1.1397

  	
   

  	
  1.1333

  	
   

  	
  1.1269

  	
   

  	
  1.1206

  	
   

  	
  1.1143

  	
   

  	
  1.1081

  	
   

  	
  1.1020

  	
   

  	
  1.0960

  	
   

  
	
  58

  	
   

  	
  1.1655

  	
   

  	
  1.1588

  	
   

  	
  1.1520

  	
   

  	
  1.1452

  	
   

  	
  1.1384

  	
   

  	
  1.1317

  	
   

  	
  1.1249

  	
   

  	
  1.1183

  	
   

  	
  1.1118

  	
   

  	
  1.1053

  	
   

  
	
  59

  	
   

  	
  1.1797

  	
   

  	
  1.1726

  	
   

  	
  1.1654

  	
   

  	
  1.1582

  	
   

  	
  1.1510

  	
   

  	
  1.1438

  	
   

  	
  1.1366

  	
   

  	
  1.1295

  	
   

  	
  1.1225

  	
   

  	
  1.1155

  	
   

  
	
  60

  	
   

  	
  1.1952

  	
   

  	
  1.1876

  	
   

  	
  1.1800

  	
   

  	
  1.1723

  	
   

  	
  1.1647

  	
   

  	
  1.1570

  	
   

  	
  1.1494

  	
   

  	
  1.1418

  	
   

  	
  1.1342

  	
   

  	
  1.1268

  	
   

  
	
  61

  	
   

  	
  1.2119

  	
   

  	
  1.2040

  	
   

  	
  1.1959

  	
   

  	
  1.1878

  	
   

  	
  1.1796

  	
   

  	
  1.1715

  	
   

  	
  1.1633

  	
   

  	
  1.1552

  	
   

  	
  1.1471

  	
   

  	
  1.1392

  	
   

  
	
  62

  	
   

  	
  1.2302

  	
   

  	
  1.2217

  	
   

  	
  1.2132

  	
   

  	
  1.2046

  	
   

  	
  1.1960

  	
   

  	
  1.1873

  	
   

  	
  1.1786

  	
   

  	
  1.1699

  	
   

  	
  1.1613

  	
   

  	
  1.1528

  	
   

  
	
  63

  	
   

  	
  1.2499

  	
   

  	
  1.2411

  	
   

  	
  1.2321

  	
   

  	
  1.2230

  	
   

  	
  1.2138

  	
   

  	
  1.2046

  	
   

  	
  1.1953

  	
   

  	
  1.1861

  	
   

  	
  1.1769

  	
   

  	
  1.1677

  	
   

  
	
  64

  	
   

  	
  1.2714

  	
   

  	
  1.2620

  	
   

  	
  1.2525

  	
   

  	
  1.2429

  	
   

  	
  1.2332

  	
   

  	
  1.2234

  	
   

  	
  1.2136

  	
   

  	
  1.2037

  	
   

  	
  1.1939

  	
   

  	
  1.1841

  	
   

  
	
  65

  	
   

  	
  1.2946

  	
   

  	
  1.2848

  	
   

  	
  1.2747

  	
   

  	
  1.2646

  	
   

  	
  1.2543

  	
   

  	
  1.2439

  	
   

  	
  1.2334

  	
   

  	
  1.2229

  	
   

  	
  1.2124

  	
   

  	
  1.2019

  	
   

  
	
  66

  	
   

  	
  1.3197

  	
   

  	
  1.3093

  	
   

  	
  1.2987

  	
   

  	
  1.2880

  	
   

  	
  1.2771

  	
   

  	
  1.2661

  	
   

  	
  1.2550

  	
   

  	
  1.2438

  	
   

  	
  1.2326

  	
   

  	
  1.2214

  	
   

  
	
  67

  	
   

  	
  1.3466

  	
   

  	
  1.3356

  	
   

  	
  1.3245

  	
   

  	
  1.3131

  	
   

  	
  1.3016

  	
   

  	
  1.2900

  	
   

  	
  1.2782

  	
   

  	
  1.2663

  	
   

  	
  1.2544

  	
   

  	
  1.2424

  	
   

  
	
  68

  	
   

  	
  1.3755

  	
   

  	
  1.3640

  	
   

  	
  1.3522

  	
   

  	
  1.3403

  	
   

  	
  1.3281

  	
   

  	
  1.3158

  	
   

  	
  1.3033

  	
   

  	
  1.2907

  	
   

  	
  1.2780

  	
   

  	
  1.2653

  	
   

  
	
  69

  	
   

  	
  1.4069

  	
   

  	
  1.3948

  	
   

  	
  1.3824

  	
   

  	
  1.3698

  	
   

  	
  1.3569

  	
   

  	
  1.3439

  	
   

  	
  1.3306

  	
   

  	
  1.3173

  	
   

  	
  1.3038

  	
   

  	
  1.2902

  	
   

  
	
  70

  	
   

  	
  1.4412

  	
   

  	
  1.4284

  	
   

  	
  1.4154

  	
   

  	
  1.4020

  	
   

  	
  1.3884

  	
   

  	
  1.3746

  	
   

  	
  1.3606

  	
   

  	
  1.3464

  	
   

  	
  1.3320

  	
   

  	
  1.3176

  	
   

  

 

47

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  60

  	
   

  	
  61

  	
   

  	
  62

  	
   

  	
  63

  	
   

  	
  64

  	
   

  	
  65

  	
   

  	
  66

  	
   

  	
  67

  	
   

  	
  68

  	
   

  	
  69

  	
   

  
	
  20

  	
   

  	
  1.0027

  	
   

  	
  1.0025

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  
	
  21

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  
	
  22

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  
	
  23

  	
   

  	
  1.0033

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0016

  	
   

  
	
  24

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0017

  	
   

  
	
  25

  	
   

  	
  1.0039

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0031

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  
	
  26

  	
   

  	
  1.0042

  	
   

  	
  1.0039

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0028

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  
	
  27

  	
   

  	
  1.0046

  	
   

  	
  1.0043

  	
   

  	
  1.0039

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0028

  	
   

  	
  1.0025

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  
	
  28

  	
   

  	
  1.0051

  	
   

  	
  1.0047

  	
   

  	
  1.0043

  	
   

  	
  1.0039

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0028

  	
   

  	
  1.0025

  	
   

  	
  1.0023

  	
   

  
	
  29

  	
   

  	
  1.0055

  	
   

  	
  1.0051

  	
   

  	
  1.0047

  	
   

  	
  1.0043

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0025

  	
   

  
	
  30

  	
   

  	
  1.0061

  	
   

  	
  1.0056

  	
   

  	
  1.0052

  	
   

  	
  1.0047

  	
   

  	
  1.0043

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  
	
  31

  	
   

  	
  1.0067

  	
   

  	
  1.0062

  	
   

  	
  1.0057

  	
   

  	
  1.0052

  	
   

  	
  1.0048

  	
   

  	
  1.0044

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  
	
  32

  	
   

  	
  1.0074

  	
   

  	
  1.0068

  	
   

  	
  1.0063

  	
   

  	
  1.0057

  	
   

  	
  1.0053

  	
   

  	
  1.0048

  	
   

  	
  1.0044

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  
	
  33

  	
   

  	
  1.0082

  	
   

  	
  1.0075

  	
   

  	
  1.0069

  	
   

  	
  1.0063

  	
   

  	
  1.0058

  	
   

  	
  1.0053

  	
   

  	
  1.0048

  	
   

  	
  1.0044

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  
	
  34

  	
   

  	
  1.0090

  	
   

  	
  1.0083

  	
   

  	
  1.0077

  	
   

  	
  1.0070

  	
   

  	
  1.0064

  	
   

  	
  1.0059

  	
   

  	
  1.0054

  	
   

  	
  1.0049

  	
   

  	
  1.0044

  	
   

  	
  1.0040

  	
   

  
	
  35

  	
   

  	
  1.0100

  	
   

  	
  1.0092

  	
   

  	
  1.0085

  	
   

  	
  1.0078

  	
   

  	
  1.0071

  	
   

  	
  1.0065

  	
   

  	
  1.0059

  	
   

  	
  1.0054

  	
   

  	
  1.0049

  	
   

  	
  1.0044

  	
   

  
	
  36

  	
   

  	
  1.0111

  	
   

  	
  1.0102

  	
   

  	
  1.0094

  	
   

  	
  1.0086

  	
   

  	
  1.0079

  	
   

  	
  1.0072

  	
   

  	
  1.0066

  	
   

  	
  1.0060

  	
   

  	
  1.0055

  	
   

  	
  1.0049

  	
   

  
	
  37

  	
   

  	
  1.0123

  	
   

  	
  1.0113

  	
   

  	
  1.0104

  	
   

  	
  1.0096

  	
   

  	
  1.0088

  	
   

  	
  1.0080

  	
   

  	
  1.0073

  	
   

  	
  1.0067

  	
   

  	
  1.0061

  	
   

  	
  1.0055

  	
   

  
	
  38

  	
   

  	
  1.0137

  	
   

  	
  1.0126

  	
   

  	
  1.0116

  	
   

  	
  1.0107

  	
   

  	
  1.0098

  	
   

  	
  1.0090

  	
   

  	
  1.0082

  	
   

  	
  1.0074

  	
   

  	
  1.0068

  	
   

  	
  1.0061

  	
   

  
	
  39

  	
   

  	
  1.0152

  	
   

  	
  1.0140

  	
   

  	
  1.0129

  	
   

  	
  1.0119

  	
   

  	
  1.0109

  	
   

  	
  1.0100

  	
   

  	
  1.0091

  	
   

  	
  1.0083

  	
   

  	
  1.0076

  	
   

  	
  1.0068

  	
   

  
	
  40

  	
   

  	
  1.0169

  	
   

  	
  1.0156

  	
   

  	
  1.0144

  	
   

  	
  1.0132

  	
   

  	
  1.0122

  	
   

  	
  1.0111

  	
   

  	
  1.0102

  	
   

  	
  1.0093

  	
   

  	
  1.0084

  	
   

  	
  1.0077

  	
   

  
	
  41

  	
   

  	
  1.0188

  	
   

  	
  1.0173

  	
   

  	
  1.0160

  	
   

  	
  1.0148

  	
   

  	
  1.0136

  	
   

  	
  1.0124

  	
   

  	
  1.0114

  	
   

  	
  1.0104

  	
   

  	
  1.0095

  	
   

  	
  1.0086

  	
   

  
	
  42

  	
   

  	
  1.0209

  	
   

  	
  1.0193

  	
   

  	
  1.0178

  	
   

  	
  1.0164

  	
   

  	
  1.0151

  	
   

  	
  1.0139

  	
   

  	
  1.0127

  	
   

  	
  1.0116

  	
   

  	
  1.0106

  	
   

  	
  1.0096

  	
   

  
	
  43

  	
   

  	
  1.0232

  	
   

  	
  1.0215

  	
   

  	
  1.0199

  	
   

  	
  1.0183

  	
   

  	
  1.0169

  	
   

  	
  1.0155

  	
   

  	
  1.0142

  	
   

  	
  1.0130

  	
   

  	
  1.0119

  	
   

  	
  1.0108

  	
   

  
	
  44

  	
   

  	
  1.0257

  	
   

  	
  1.0239

  	
   

  	
  1.0221

  	
   

  	
  1.0204

  	
   

  	
  1.0188

  	
   

  	
  1.0173

  	
   

  	
  1.0159

  	
   

  	
  1.0145

  	
   

  	
  1.0132

  	
   

  	
  1.0121

  	
   

  
	
  45

  	
   

  	
  1.0285

  	
   

  	
  1.0265

  	
   

  	
  1.0245

  	
   

  	
  1.0227

  	
   

  	
  1.0209

  	
   

  	
  1.0192

  	
   

  	
  1.0177

  	
   

  	
  1.0162

  	
   

  	
  1.0148

  	
   

  	
  1.0135

  	
   

  
	
  46

  	
   

  	
  1.0316

  	
   

  	
  1.0293

  	
   

  	
  1.0272

  	
   

  	
  1.0251

  	
   

  	
  1.0232

  	
   

  	
  1.0214

  	
   

  	
  1.0196

  	
   

  	
  1.0180

  	
   

  	
  1.0165

  	
   

  	
  1.0150

  	
   

  
	
  47

  	
   

  	
  1.0349

  	
   

  	
  1.0324

  	
   

  	
  1.0301

  	
   

  	
  1.0278

  	
   

  	
  1.0257

  	
   

  	
  1.0237

  	
   

  	
  1.0218

  	
   

  	
  1.0200

  	
   

  	
  1.0183

  	
   

  	
  1.0167

  	
   

  
	
  48

  	
   

  	
  1.0385

  	
   

  	
  1.0358

  	
   

  	
  1.0332

  	
   

  	
  1.0308

  	
   

  	
  1.0285

  	
   

  	
  1.0263

  	
   

  	
  1.0242

  	
   

  	
  1.0222

  	
   

  	
  1.0203

  	
   

  	
  1.0185

  	
   

  
	
  49

  	
   

  	
  1.0424

  	
   

  	
  1.0395

  	
   

  	
  1.0367

  	
   

  	
  1.0340

  	
   

  	
  1.0315

  	
   

  	
  1.0290

  	
   

  	
  1.0267

  	
   

  	
  1.0246

  	
   

  	
  1.0225

  	
   

  	
  1.0206

  	
   

  
	
  50

  	
   

  	
  1.0467

  	
   

  	
  1.0435

  	
   

  	
  1.0405

  	
   

  	
  1.0375

  	
   

  	
  1.0347

  	
   

  	
  1.0321

  	
   

  	
  1.0296

  	
   

  	
  1.0272

  	
   

  	
  1.0249

  	
   

  	
  1.0228

  	
   

  
	
  51

  	
   

  	
  1.0514

  	
   

  	
  1.0479

  	
   

  	
  1.0446

  	
   

  	
  1.0414

  	
   

  	
  1.0383

  	
   

  	
  1.0354

  	
   

  	
  1.0326

  	
   

  	
  1.0300

  	
   

  	
  1.0275

  	
   

  	
  1.0252

  	
   

  
	
  52

  	
   

  	
  1.0565

  	
   

  	
  1.0527

  	
   

  	
  1.0491

  	
   

  	
  1.0456

  	
   

  	
  1.0422

  	
   

  	
  1.0391

  	
   

  	
  1.0360

  	
   

  	
  1.0331

  	
   

  	
  1.0304

  	
   

  	
  1.0278

  	
   

  
	
  53

  	
   

  	
  1.0621

  	
   

  	
  1.0580

  	
   

  	
  1.0540

  	
   

  	
  1.0502

  	
   

  	
  1.0465

  	
   

  	
  1.0430

  	
   

  	
  1.0397

  	
   

  	
  1.0366

  	
   

  	
  1.0336

  	
   

  	
  1.0307

  	
   

  
	
  54

  	
   

  	
  1.0682

  	
   

  	
  1.0637

  	
   

  	
  1.0594

  	
   

  	
  1.0552

  	
   

  	
  1.0513

  	
   

  	
  1.0474

  	
   

  	
  1.0438

  	
   

  	
  1.0403

  	
   

  	
  1.0370

  	
   

  	
  1.0339

  	
   

  
	
  55

  	
   

  	
  1.0749

  	
   

  	
  1.0700

  	
   

  	
  1.0653

  	
   

  	
  1.0608

  	
   

  	
  1.0564

  	
   

  	
  1.0523

  	
   

  	
  1.0483

  	
   

  	
  1.0445

  	
   

  	
  1.0409

  	
   

  	
  1.0375

  	
   

  
	
  56

  	
   

  	
  1.0822

  	
   

  	
  1.0769

  	
   

  	
  1.0718

  	
   

  	
  1.0669

  	
   

  	
  1.0622

  	
   

  	
  1.0576

  	
   

  	
  1.0533

  	
   

  	
  1.0491

  	
   

  	
  1.0451

  	
   

  	
  1.0414

  	
   

  
	
  57

  	
   

  	
  1.0902

  	
   

  	
  1.0845

  	
   

  	
  1.0790

  	
   

  	
  1.0736

  	
   

  	
  1.0685

  	
   

  	
  1.0635

  	
   

  	
  1.0588

  	
   

  	
  1.0542

  	
   

  	
  1.0499

  	
   

  	
  1.0457

  	
   

  
	
  58

  	
   

  	
  1.0990

  	
   

  	
  1.0929

  	
   

  	
  1.0869

  	
   

  	
  1.0811

  	
   

  	
  1.0755

  	
   

  	
  1.0701

  	
   

  	
  1.0649

  	
   

  	
  1.0599

  	
   

  	
  1.0551

  	
   

  	
  1.0506

  	
   

  
	
  59

  	
   

  	
  1.1088

  	
   

  	
  1.1021

  	
   

  	
  1.0956

  	
   

  	
  1.0893

  	
   

  	
  1.0832

  	
   

  	
  1.0774

  	
   

  	
  1.0717

  	
   

  	
  1.0662

  	
   

  	
  1.0610

  	
   

  	
  1.0561

  	
   

  
	
  60

  	
   

  	
  1.1195

  	
   

  	
  1.1123

  	
   

  	
  1.1053

  	
   

  	
  1.0985

  	
   

  	
  1.0919

  	
   

  	
  1.0854

  	
   

  	
  1.0793

  	
   

  	
  1.0733

  	
   

  	
  1.0676

  	
   

  	
  1.0622

  	
   

  
	
  61

  	
   

  	
  1.1313

  	
   

  	
  1.1236

  	
   

  	
  1.1160

  	
   

  	
  1.1086

  	
   

  	
  1.1014

  	
   

  	
  1.0944

  	
   

  	
  1.0877

  	
   

  	
  1.0812

  	
   

  	
  1.0750

  	
   

  	
  1.0690

  	
   

  
	
  62

  	
   

  	
  1.1443

  	
   

  	
  1.1360

  	
   

  	
  1.1278

  	
   

  	
  1.1198

  	
   

  	
  1.1120

  	
   

  	
  1.1045

  	
   

  	
  1.0971

  	
   

  	
  1.0900

  	
   

  	
  1.0832

  	
   

  	
  1.0766

  	
   

  
	
  63

  	
   

  	
  1.1586

  	
   

  	
  1.1497

  	
   

  	
  1.1408

  	
   

  	
  1.1322

  	
   

  	
  1.1238

  	
   

  	
  1.1156

  	
   

  	
  1.1076

  	
   

  	
  1.0998

  	
   

  	
  1.0924

  	
   

  	
  1.0852

  	
   

  
	
  64

  	
   

  	
  1.1743

  	
   

  	
  1.1647

  	
   

  	
  1.1552

  	
   

  	
  1.1459

  	
   

  	
  1.1367

  	
   

  	
  1.1278

  	
   

  	
  1.1192

  	
   

  	
  1.1107

  	
   

  	
  1.1026

  	
   

  	
  1.0947

  	
   

  
	
  65

  	
   

  	
  1.1915

  	
   

  	
  1.1812

  	
   

  	
  1.1710

  	
   

  	
  1.1609

  	
   

  	
  1.1510

  	
   

  	
  1.1414

  	
   

  	
  1.1320

  	
   

  	
  1.1228

  	
   

  	
  1.1139

  	
   

  	
  1.1053

  	
   

  
	
  66

  	
   

  	
  1.2102

  	
   

  	
  1.1991

  	
   

  	
  1.1882

  	
   

  	
  1.1773

  	
   

  	
  1.1667

  	
   

  	
  1.1562

  	
   

  	
  1.1460

  	
   

  	
  1.1361

  	
   

  	
  1.1264

  	
   

  	
  1.1170

  	
   

  
	
  67

  	
   

  	
  1.2305

  	
   

  	
  1.2186

  	
   

  	
  1.2068

  	
   

  	
  1.1952

  	
   

  	
  1.1837

  	
   

  	
  1.1724

  	
   

  	
  1.1614

  	
   

  	
  1.1506

  	
   

  	
  1.1400

  	
   

  	
  1.1298

  	
   

  
	
  68

  	
   

  	
  1.2525

  	
   

  	
  1.2398

  	
   

  	
  1.2272

  	
   

  	
  1.2147

  	
   

  	
  1.2023

  	
   

  	
  1.1901

  	
   

  	
  1.1782

  	
   

  	
  1.1665

  	
   

  	
  1.1550

  	
   

  	
  1.1439

  	
   

  
	
  69

  	
   

  	
  1.2766

  	
   

  	
  1.2630

  	
   

  	
  1.2495

  	
   

  	
  1.2361

  	
   

  	
  1.2228

  	
   

  	
  1.2097

  	
   

  	
  1.1967

  	
   

  	
  1.1841

  	
   

  	
  1.1716

  	
   

  	
  1.1595

  	
   

  
	
  70

  	
   

  	
  1.3031

  	
   

  	
  1.2886

  	
   

  	
  1.2741

  	
   

  	
  1.2597

  	
   

  	
  1.2454

  	
   

  	
  1.2313

  	
   

  	
  1.2173

  	
   

  	
  1.2036

  	
   

  	
  1.1901

  	
   

  	
  1.1770

  	
   

  

 

48

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  70

  	
   

  	
  71

  	
   

  	
  72

  	
   

  	
  73

  	
   

  	
  74

  	
   

  	
  75

  	
   

  	
  76

  	
   

  	
  77

  	
   

  	
  78

  	
   

  	
  79

  	
   

  
	
  20

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  
	
  21

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  
	
  22

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  
	
  23

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  
	
  24

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  
	
  25

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  
	
  26

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  
	
  27

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0008

  	
   

  
	
  28

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  
	
  29

  	
   

  	
  1.0023

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  
	
  30

  	
   

  	
  1.0025

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  
	
  31

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0010

  	
   

  
	
  32

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0020

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  
	
  33

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0022

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0016

  	
   

  	
  1.0014

  	
   

  	
  1.0012

  	
   

  
	
  34

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0014

  	
   

  
	
  35

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  
	
  36

  	
   

  	
  1.0045

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  
	
  37

  	
   

  	
  1.0050

  	
   

  	
  1.0045

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0032

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  
	
  38

  	
   

  	
  1.0055

  	
   

  	
  1.0050

  	
   

  	
  1.0045

  	
   

  	
  1.0040

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  
	
  39

  	
   

  	
  1.0062

  	
   

  	
  1.0056

  	
   

  	
  1.0050

  	
   

  	
  1.0045

  	
   

  	
  1.0041

  	
   

  	
  1.0036

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  
	
  40

  	
   

  	
  1.0069

  	
   

  	
  1.0063

  	
   

  	
  1.0056

  	
   

  	
  1.0051

  	
   

  	
  1.0046

  	
   

  	
  1.0041

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0029

  	
   

  	
  1.0026

  	
   

  
	
  41

  	
   

  	
  1.0078

  	
   

  	
  1.0070

  	
   

  	
  1.0063

  	
   

  	
  1.0057

  	
   

  	
  1.0051

  	
   

  	
  1.0046

  	
   

  	
  1.0041

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  	
  1.0030

  	
   

  
	
  42

  	
   

  	
  1.0087

  	
   

  	
  1.0079

  	
   

  	
  1.0071

  	
   

  	
  1.0064

  	
   

  	
  1.0058

  	
   

  	
  1.0052

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  
	
  43

  	
   

  	
  1.0098

  	
   

  	
  1.0089

  	
   

  	
  1.0080

  	
   

  	
  1.0072

  	
   

  	
  1.0065

  	
   

  	
  1.0059

  	
   

  	
  1.0053

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0038

  	
   

  
	
  44

  	
   

  	
  1.0110

  	
   

  	
  1.0099

  	
   

  	
  1.0090

  	
   

  	
  1.0081

  	
   

  	
  1.0073

  	
   

  	
  1.0066

  	
   

  	
  1.0059

  	
   

  	
  1.0053

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  
	
  45

  	
   

  	
  1.0122

  	
   

  	
  1.0111

  	
   

  	
  1.0101

  	
   

  	
  1.0091

  	
   

  	
  1.0082

  	
   

  	
  1.0074

  	
   

  	
  1.0067

  	
   

  	
  1.0060

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  
	
  46

  	
   

  	
  1.0137

  	
   

  	
  1.0124

  	
   

  	
  1.0112

  	
   

  	
  1.0102

  	
   

  	
  1.0092

  	
   

  	
  1.0083

  	
   

  	
  1.0075

  	
   

  	
  1.0067

  	
   

  	
  1.0060

  	
   

  	
  1.0054

  	
   

  
	
  47

  	
   

  	
  1.0152

  	
   

  	
  1.0138

  	
   

  	
  1.0125

  	
   

  	
  1.0113

  	
   

  	
  1.0103

  	
   

  	
  1.0093

  	
   

  	
  1.0083

  	
   

  	
  1.0075

  	
   

  	
  1.0068

  	
   

  	
  1.0061

  	
   

  
	
  48

  	
   

  	
  1.0169

  	
   

  	
  1.0154

  	
   

  	
  1.0139

  	
   

  	
  1.0126

  	
   

  	
  1.0114

  	
   

  	
  1.0103

  	
   

  	
  1.0093

  	
   

  	
  1.0084

  	
   

  	
  1.0075

  	
   

  	
  1.0068

  	
   

  
	
  49

  	
   

  	
  1.0187

  	
   

  	
  1.0170

  	
   

  	
  1.0155

  	
   

  	
  1.0140

  	
   

  	
  1.0127

  	
   

  	
  1.0115

  	
   

  	
  1.0104

  	
   

  	
  1.0093

  	
   

  	
  1.0084

  	
   

  	
  1.0076

  	
   

  
	
  50

  	
   

  	
  1.0208

  	
   

  	
  1.0189

  	
   

  	
  1.0172

  	
   

  	
  1.0156

  	
   

  	
  1.0141

  	
   

  	
  1.0127

  	
   

  	
  1.0115

  	
   

  	
  1.0104

  	
   

  	
  1.0093

  	
   

  	
  1.0084

  	
   

  
	
  51

  	
   

  	
  1.0230

  	
   

  	
  1.0209

  	
   

  	
  1.0190

  	
   

  	
  1.0172

  	
   

  	
  1.0156

  	
   

  	
  1.0141

  	
   

  	
  1.0128

  	
   

  	
  1.0115

  	
   

  	
  1.0104

  	
   

  	
  1.0093

  	
   

  
	
  52

  	
   

  	
  1.0254

  	
   

  	
  1.0231

  	
   

  	
  1.0210

  	
   

  	
  1.0191

  	
   

  	
  1.0173

  	
   

  	
  1.0156

  	
   

  	
  1.0141

  	
   

  	
  1.0128

  	
   

  	
  1.0115

  	
   

  	
  1.0103

  	
   

  
	
  53

  	
   

  	
  1.0280

  	
   

  	
  1.0255

  	
   

  	
  1.0232

  	
   

  	
  1.0211

  	
   

  	
  1.0191

  	
   

  	
  1.0173

  	
   

  	
  1.0156

  	
   

  	
  1.0141

  	
   

  	
  1.0127

  	
   

  	
  1.0115

  	
   

  
	
  54

  	
   

  	
  1.0310

  	
   

  	
  1.0282

  	
   

  	
  1.0257

  	
   

  	
  1.0233

  	
   

  	
  1.0211

  	
   

  	
  1.0191

  	
   

  	
  1.0173

  	
   

  	
  1.0156

  	
   

  	
  1.0141

  	
   

  	
  1.0127

  	
   

  
	
  55

  	
   

  	
  1.0342

  	
   

  	
  1.0312

  	
   

  	
  1.0284

  	
   

  	
  1.0258

  	
   

  	
  1.0234

  	
   

  	
  1.0212

  	
   

  	
  1.0192

  	
   

  	
  1.0173

  	
   

  	
  1.0156

  	
   

  	
  1.0140

  	
   

  
	
  56

  	
   

  	
  1.0378

  	
   

  	
  1.0345

  	
   

  	
  1.0314

  	
   

  	
  1.0285

  	
   

  	
  1.0259

  	
   

  	
  1.0234

  	
   

  	
  1.0212

  	
   

  	
  1.0191

  	
   

  	
  1.0173

  	
   

  	
  1.0156

  	
   

  
	
  57

  	
   

  	
  1.0418

  	
   

  	
  1.0382

  	
   

  	
  1.0348

  	
   

  	
  1.0316

  	
   

  	
  1.0287

  	
   

  	
  1.0260

  	
   

  	
  1.0235

  	
   

  	
  1.0212

  	
   

  	
  1.0191

  	
   

  	
  1.0172

  	
   

  
	
  58

  	
   

  	
  1.0463

  	
   

  	
  1.0423

  	
   

  	
  1.0385

  	
   

  	
  1.0350

  	
   

  	
  1.0318

  	
   

  	
  1.0288

  	
   

  	
  1.0261

  	
   

  	
  1.0236

  	
   

  	
  1.0213

  	
   

  	
  1.0192

  	
   

  
	
  59

  	
   

  	
  1.0513

  	
   

  	
  1.0469

  	
   

  	
  1.0428

  	
   

  	
  1.0389

  	
   

  	
  1.0353

  	
   

  	
  1.0320

  	
   

  	
  1.0290

  	
   

  	
  1.0262

  	
   

  	
  1.0237

  	
   

  	
  1.0213

  	
   

  
	
  60

  	
   

  	
  1.0570

  	
   

  	
  1.0521

  	
   

  	
  1.0475

  	
   

  	
  1.0433

  	
   

  	
  1.0393

  	
   

  	
  1.0357

  	
   

  	
  1.0323

  	
   

  	
  1.0292

  	
   

  	
  1.0264

  	
   

  	
  1.0238

  	
   

  
	
  61

  	
   

  	
  1.0633

  	
   

  	
  1.0579

  	
   

  	
  1.0529

  	
   

  	
  1.0482

  	
   

  	
  1.0438

  	
   

  	
  1.0398

  	
   

  	
  1.0361

  	
   

  	
  1.0326

  	
   

  	
  1.0295

  	
   

  	
  1.0266

  	
   

  
	
  62

  	
   

  	
  1.0704

  	
   

  	
  1.0645

  	
   

  	
  1.0589

  	
   

  	
  1.0537

  	
   

  	
  1.0489

  	
   

  	
  1.0445

  	
   

  	
  1.0403

  	
   

  	
  1.0365

  	
   

  	
  1.0330

  	
   

  	
  1.0298

  	
   

  
	
  63

  	
   

  	
  1.0783

  	
   

  	
  1.0718

  	
   

  	
  1.0657

  	
   

  	
  1.0600

  	
   

  	
  1.0547

  	
   

  	
  1.0497

  	
   

  	
  1.0451

  	
   

  	
  1.0409

  	
   

  	
  1.0370

  	
   

  	
  1.0334

  	
   

  
	
  64

  	
   

  	
  1.0872

  	
   

  	
  1.0801

  	
   

  	
  1.0733

  	
   

  	
  1.0670

  	
   

  	
  1.0611

  	
   

  	
  1.0557

  	
   

  	
  1.0506

  	
   

  	
  1.0459

  	
   

  	
  1.0415

  	
   

  	
  1.0375

  	
   

  
	
  65

  	
   

  	
  1.0971

  	
   

  	
  1.0892

  	
   

  	
  1.0818

  	
   

  	
  1.0749

  	
   

  	
  1.0684

  	
   

  	
  1.0623

  	
   

  	
  1.0567

  	
   

  	
  1.0515

  	
   

  	
  1.0466

  	
   

  	
  1.0422

  	
   

  
	
  66

  	
   

  	
  1.1080

  	
   

  	
  1.0994

  	
   

  	
  1.0912

  	
   

  	
  1.0836

  	
   

  	
  1.0764

  	
   

  	
  1.0697

  	
   

  	
  1.0635

  	
   

  	
  1.0577

  	
   

  	
  1.0524

  	
   

  	
  1.0474

  	
   

  
	
  67

  	
   

  	
  1.1200

  	
   

  	
  1.1105

  	
   

  	
  1.1016

  	
   

  	
  1.0932

  	
   

  	
  1.0853

  	
   

  	
  1.0780

  	
   

  	
  1.0711

  	
   

  	
  1.0647

  	
   

  	
  1.0587

  	
   

  	
  1.0532

  	
   

  
	
  68

  	
   

  	
  1.1332

  	
   

  	
  1.1229

  	
   

  	
  1.1131

  	
   

  	
  1.1039

  	
   

  	
  1.0952

  	
   

  	
  1.0871

  	
   

  	
  1.0795

  	
   

  	
  1.0724

  	
   

  	
  1.0658

  	
   

  	
  1.0597

  	
   

  
	
  69

  	
   

  	
  1.1478

  	
   

  	
  1.1366

  	
   

  	
  1.1259

  	
   

  	
  1.1158

  	
   

  	
  1.1062

  	
   

  	
  1.0973

  	
   

  	
  1.0889

  	
   

  	
  1.0811

  	
   

  	
  1.0738

  	
   

  	
  1.0670

  	
   

  
	
  70

  	
   

  	
  1.1642

  	
   

  	
  1.1520

  	
   

  	
  1.1402

  	
   

  	
  1.1292

  	
   

  	
  1.1187

  	
   

  	
  1.1088

  	
   

  	
  1.0996

  	
   

  	
  1.0909

  	
   

  	
  1.0829

  	
   

  	
  1.0754

  	
   

  

 

49

 

	
  EMPLOYEE’S

  	
   

  	
  BENEFICIARY’S
  AGE

  	
   

  
	
  AGE

  	
   

  	
  80

  	
   

  	
  81

  	
   

  	
  82

  	
   

  	
  83

  	
   

  	
  84

  	
   

  	
  85

  	
   

  	
  86

  	
   

  	
  87

  	
   

  	
  88

  	
   

  	
  89

  	
   

  
	
  20

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  
	
  21

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  
	
  22

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  
	
  23

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  
	
  24

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  
	
  25

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  	
  1.0002

  	
   

  
	
  26

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  
	
  27

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0002

  	
   

  
	
  28

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  
	
  29

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  
	
  30

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  	
  1.0003

  	
   

  
	
  31

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  	
  1.0003

  	
   

  
	
  32

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  
	
  33

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  	
  1.0004

  	
   

  
	
  34

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  	
  1.0004

  	
   

  
	
  35

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0008

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  	
  1.0005

  	
   

  
	
  36

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0011

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  	
  1.0005

  	
   

  
	
  37

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  	
  1.0006

  	
   

  
	
  38

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0012

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  	
  1.0006

  	
   

  
	
  39

  	
   

  	
  1.0021

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  	
  1.0007

  	
   

  
	
  40

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0018

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  	
  1.0008

  	
   

  
	
  41

  	
   

  	
  1.0026

  	
   

  	
  1.0023

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0016

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  	
  1.0009

  	
   

  
	
  42

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  	
  1.0010

  	
   

  
	
  43

  	
   

  	
  1.0034

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  	
  1.0011

  	
   

  
	
  44

  	
   

  	
  1.0038

  	
   

  	
  1.0034

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  	
  1.0013

  	
   

  
	
  45

  	
   

  	
  1.0043

  	
   

  	
  1.0039

  	
   

  	
  1.0034

  	
   

  	
  1.0031

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  	
  1.0015

  	
   

  
	
  46

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  	
  1.0039

  	
   

  	
  1.0035

  	
   

  	
  1.0031

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  	
  1.0017

  	
   

  
	
  47

  	
   

  	
  1.0054

  	
   

  	
  1.0049

  	
   

  	
  1.0044

  	
   

  	
  1.0039

  	
   

  	
  1.0035

  	
   

  	
  1.0031

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  	
  1.0019

  	
   

  
	
  48

  	
   

  	
  1.0061

  	
   

  	
  1.0055

  	
   

  	
  1.0049

  	
   

  	
  1.0044

  	
   

  	
  1.0039

  	
   

  	
  1.0035

  	
   

  	
  1.0031

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  	
  1.0021

  	
   

  
	
  49

  	
   

  	
  1.0068

  	
   

  	
  1.0061

  	
   

  	
  1.0054

  	
   

  	
  1.0049

  	
   

  	
  1.0043

  	
   

  	
  1.0039

  	
   

  	
  1.0034

  	
   

  	
  1.0031

  	
   

  	
  1.0027

  	
   

  	
  1.0024

  	
   

  
	
  50

  	
   

  	
  1.0076

  	
   

  	
  1.0068

  	
   

  	
  1.0061

  	
   

  	
  1.0054

  	
   

  	
  1.0049

  	
   

  	
  1.0043

  	
   

  	
  1.0038

  	
   

  	
  1.0034

  	
   

  	
  1.0030

  	
   

  	
  1.0027

  	
   

  
	
  51

  	
   

  	
  1.0084

  	
   

  	
  1.0075

  	
   

  	
  1.0067

  	
   

  	
  1.0060

  	
   

  	
  1.0054

  	
   

  	
  1.0048

  	
   

  	
  1.0043

  	
   

  	
  1.0038

  	
   

  	
  1.0034

  	
   

  	
  1.0030

  	
   

  
	
  52

  	
   

  	
  1.0093

  	
   

  	
  1.0084

  	
   

  	
  1.0075

  	
   

  	
  1.0067

  	
   

  	
  1.0060

  	
   

  	
  1.0053

  	
   

  	
  1.0048

  	
   

  	
  1.0042

  	
   

  	
  1.0037

  	
   

  	
  1.0033

  	
   

  
	
  53

  	
   

  	
  1.0103

  	
   

  	
  1.0093

  	
   

  	
  1.0083

  	
   

  	
  1.0074

  	
   

  	
  1.0066

  	
   

  	
  1.0059

  	
   

  	
  1.0053

  	
   

  	
  1.0047

  	
   

  	
  1.0042

  	
   

  	
  1.0037

  	
   

  
	
  54

  	
   

  	
  1.0114

  	
   

  	
  1.0102

  	
   

  	
  1.0092

  	
   

  	
  1.0082

  	
   

  	
  1.0074

  	
   

  	
  1.0066

  	
   

  	
  1.0059

  	
   

  	
  1.0052

  	
   

  	
  1.0046

  	
   

  	
  1.0041

  	
   

  
	
  55

  	
   

  	
  1.0126

  	
   

  	
  1.0113

  	
   

  	
  1.0102

  	
   

  	
  1.0091

  	
   

  	
  1.0082

  	
   

  	
  1.0073

  	
   

  	
  1.0065

  	
   

  	
  1.0058

  	
   

  	
  1.0051

  	
   

  	
  1.0045

  	
   

  
	
  56

  	
   

  	
  1.0140

  	
   

  	
  1.0126

  	
   

  	
  1.0113

  	
   

  	
  1.0101

  	
   

  	
  1.0090

  	
   

  	
  1.0081

  	
   

  	
  1.0072

  	
   

  	
  1.0064

  	
   

  	
  1.0057

  	
   

  	
  1.0050

  	
   

  
	
  57

  	
   

  	
  1.0155

  	
   

  	
  1.0139

  	
   

  	
  1.0125

  	
   

  	
  1.0112

  	
   

  	
  1.0100

  	
   

  	
  1.0089

  	
   

  	
  1.0080

  	
   

  	
  1.0071

  	
   

  	
  1.0063

  	
   

  	
  1.0056

  	
   

  
	
  58

  	
   

  	
  1.0172

  	
   

  	
  1.0155

  	
   

  	
  1.0139

  	
   

  	
  1.0124

  	
   

  	
  1.0111

  	
   

  	
  1.0099

  	
   

  	
  1.0088

  	
   

  	
  1.0079

  	
   

  	
  1.0070

  	
   

  	
  1.0062

  	
   

  
	
  59

  	
   

  	
  1.0192

  	
   

  	
  1.0172

  	
   

  	
  1.0155

  	
   

  	
  1.0139

  	
   

  	
  1.0124

  	
   

  	
  1.0111

  	
   

  	
  1.0099

  	
   

  	
  1.0088

  	
   

  	
  1.0078

  	
   

  	
  1.0069

  	
   

  
	
  60

  	
   

  	
  1.0214

  	
   

  	
  1.0192

  	
   

  	
  1.0173

  	
   

  	
  1.0155

  	
   

  	
  1.0138

  	
   

  	
  1.0124

  	
   

  	
  1.0110

  	
   

  	
  1.0098

  	
   

  	
  1.0087

  	
   

  	
  1.0077

  	
   

  
	
  61

  	
   

  	
  1.0239

  	
   

  	
  1.0215

  	
   

  	
  1.0193

  	
   

  	
  1.0173

  	
   

  	
  1.0155

  	
   

  	
  1.0138

  	
   

  	
  1.0123

  	
   

  	
  1.0110

  	
   

  	
  1.0097

  	
   

  	
  1.0086

  	
   

  
	
  62

  	
   

  	
  1.0268

  	
   

  	
  1.0241

  	
   

  	
  1.0217

  	
   

  	
  1.0195

  	
   

  	
  1.0174

  	
   

  	
  1.0155

  	
   

  	
  1.0139

  	
   

  	
  1.0123

  	
   

  	
  1.0109

  	
   

  	
  1.0097

  	
   

  
	
  63

  	
   

  	
  1.0301

  	
   

  	
  1.0271

  	
   

  	
  1.0244

  	
   

  	
  1.0219

  	
   

  	
  1.0196

  	
   

  	
  1.0175

  	
   

  	
  1.0156

  	
   

  	
  1.0139

  	
   

  	
  1.0123

  	
   

  	
  1.0109

  	
   

  
	
  64

  	
   

  	
  1.0339

  	
   

  	
  1.0305

  	
   

  	
  1.0275

  	
   

  	
  1.0247

  	
   

  	
  1.0221

  	
   

  	
  1.0198

  	
   

  	
  1.0176

  	
   

  	
  1.0157

  	
   

  	
  1.0139

  	
   

  	
  1.0123

  	
   

  
	
  65

  	
   

  	
  1.0381

  	
   

  	
  1.0344

  	
   

  	
  1.0310

  	
   

  	
  1.0278

  	
   

  	
  1.0250

  	
   

  	
  1.0223

  	
   

  	
  1.0199

  	
   

  	
  1.0178

  	
   

  	
  1.0158

  	
   

  	
  1.0140

  	
   

  
	
  66

  	
   

  	
  1.0429

  	
   

  	
  1.0387

  	
   

  	
  1.0349

  	
   

  	
  1.0314

  	
   

  	
  1.0282

  	
   

  	
  1.0252

  	
   

  	
  1.0225

  	
   

  	
  1.0201

  	
   

  	
  1.0179

  	
   

  	
  1.0158

  	
   

  
	
  67

  	
   

  	
  1.0482

  	
   

  	
  1.0435

  	
   

  	
  1.0393

  	
   

  	
  1.0353

  	
   

  	
  1.0317

  	
   

  	
  1.0284

  	
   

  	
  1.0254

  	
   

  	
  1.0227

  	
   

  	
  1.0202

  	
   

  	
  1.0179

  	
   

  
	
  68

  	
   

  	
  1.0541

  	
   

  	
  1.0489

  	
   

  	
  1.0442

  	
   

  	
  1.0398

  	
   

  	
  1.0358

  	
   

  	
  1.0321

  	
   

  	
  1.0287

  	
   

  	
  1.0256

  	
   

  	
  1.0228

  	
   

  	
  1.0202

  	
   

  
	
  69

  	
   

  	
  1.0608

  	
   

  	
  1.0550

  	
   

  	
  1.0497

  	
   

  	
  1.0448

  	
   

  	
  1.0403

  	
   

  	
  1.0362

  	
   

  	
  1.0324

  	
   

  	
  1.0289

  	
   

  	
  1.0258

  	
   

  	
  1.0229

  	
   

  
	
  70

  	
   

  	
  1.0684

  	
   

  	
  1.0620

  	
   

  	
  1.0561

  	
   

  	
  1.0506

  	
   

  	
  1.0456

  	
   

  	
  1.0410

  	
   

  	
  1.0367

  	
   

  	
  1.0328

  	
   

  	
  1.0293

  	
   

  	
  1.0260

  	
   

  

 

50EXHIBIT 10.2

 

Employment Agreement of
Jeremy W. Smeltser

 

This Employment Agreement (the “Agreement”) is
effective as of April 22, 2009 (the “Effective Date”), by and between SPX
Corporation (the “Company”) and Jeremy W. Smeltser (the “Executive”).

 

WHEREAS, the Company desires to employ the Executive
as its Vice President, Finance;

 

WHEREAS, the Company and the Executive have reached
agreement concerning the terms and conditions of the Executive’s continued
employment and wish to formalize that agreement.

 

NOW, THEREFORE, in consideration of the mutual
terms, covenants and conditions stated in this Agreement, the Company and the
Executive hereby agree as follows:

 

1.             Employment.  The Company employs the Executive and the
Executive hereby accepts continued employment with the Company and appointment
as its Vice President, Finance.  During
the Term (as hereinafter defined), the Executive will have the title, status
and duties of the Vice President, Finance and will report directly to the
Company’s Chief Executive Officer or other senior executive officer.  The Executive’s principal business office
shall be located in Charlotte, North Carolina, and the Executive’s principal
family residence shall be located within fifty (50) miles of the Company’s
principal business office for the duration of the Term.

 

2.             Term.  The term of employment under this Agreement (“Term”)
will commence on the Effective Date, and will continue thereafter until December 31,
2010; provided, however, that this Agreement shall remain in effect and the
Term shall be extended from year to year thereafter unless, not less than one
hundred eighty (180) days prior to December 31, 2010, or any subsequent December 31,
either the Executive or the Company delivers to the other written notice of the
Executive’s or its intention not to continue this Agreement in effect, in which
case this Agreement shall terminate as of December 31 of the year in which
such notice is given; and provided further that, if a Change of Control (as
defined below) shall have occurred during the Term, this Agreement shall
continue in effect and the Term shall be extended until at least the second
anniversary of such Change of Control.

 

3.             Duties.  During the Term:

 

(a)           The Executive will perform
duties assigned by the Company’s Chief Executive Officer, other senior
executive officer, or the Company’s Board of Directors (the “Board”), from time
to time; provided that the Executive shall not be assigned duties or
responsibilities that are materially lower in status than those traditionally
assigned to the Vice President, Finance.

 

(b)           The Executive will devote
the Executive’s full time and best efforts, talents, knowledge and experience
to serving as the Company’s Vice President, Finance.  

 

 

However, the Executive may
devote reasonable time to activities such as supervision of personal
investments and activities involving professional, charitable, educational,
religious, civic, and similar types of activities, speaking engagements and
membership on other boards of directors, subject to Section 3(c) below,
and provided such activities do not interfere in any material way with the
business of the Company; and provided further that, the Executive cannot serve
on any board of directors without the Company’s Chief Executive Officer’s written
consent, or on the board of directors of more than one company without the
Board’s written consent.  The time
involved in such activities shall not be treated as vacation time.  The Executive shall be entitled to keep any
amounts paid to the Executive in connection with such activities (e.g., director fees and honoraria).

 

(c)           The Executive will perform
the Executive’s duties diligently and competently and shall act in conformity
with the Company’s written and oral policies and within the limits, budgets and
business plans set by the Company.  The
Executive will at all times during the Term strictly adhere to and obey all of
the rules, regulations and policies in effect from time to time relating to the
conduct of executives of the Company. 
Except as provided in (b) above, the Executive shall not engage in
consulting work or any trade or business for the Executive’s own account.  The Executive shall not engage in consulting
work or any trade or business on behalf of any other person, firm or company that
competes, conflicts or interferes with the performance of the Executive’s
duties hereunder in any way.

 

4.             Compensation
and Benefits.  During the
Term, the Company shall provide to the Executive, and the Executive shall
accept from the Company as full compensation for the Executive’s services
hereunder, compensation and benefits as follows:

 

(a)           Base Salary.  The Company shall pay the Executive an annual
base salary (“Base Salary”) of three hundred and twenty-five thousand dollars
($325,000).  The Board, or such committee
of the Board as is responsible for setting the compensation of officers, shall
review the Executive’s performance and Base Salary annually and determine
whether to adjust the Executive’s Base Salary on a prospective basis.  Such adjusted annual salary then shall become
the Executive’s “Base Salary” for purposes of this Agreement.  The Executive’s annual Base Salary shall not
be reduced after any increase without the Executive’s written consent.  The Company shall pay the Executive’s Base Salary
according to payroll practices in effect for all officers of the Company.

 

(b)           Incentive Compensation.  The Executive shall be eligible to
participate in any annual performance bonus plans, long-term incentive plans,
and/or equity-based compensation plans established or maintained by the Company
for its officers, including, but not limited to the SPX Corporation Stock
Compensation Plan, all as the Board (or appropriate Board committee) may
determine from time to time in its discretion. 
For the 2009 bonus plan year, the Executive shall be eligible for a
target bonus under the Company’s bonus plan equal to seventy percent (70%) of
the Executive’s Base Salary, provided that all performance goals set by the
Company are met.  The Board (or
appropriate Board committee) will determine and communicate the Executive’s
annual bonus plan participation and the applicable performance goals for
subsequent bonus plan years no later than March 31 of such bonus plan
year.  The Company will pay the Executive’s
annual performance bonus at the same time as annual performance bonus 

 

2

 

payments for such year (if any) are made to
other participants with respect to such fiscal year, and in all events within
the two and one-half (21⁄2) months following the end of the calendar year in
which the bonus is earned.  Annual
performance bonuses are intended to qualify for the short-term deferral
exception to Section 409A of the Internal Revenue Code of 1986, as amended
(the “Code”).

 

(c)           Executive Benefit Plans.  As the Board may determine in its discretion,
the Executive will be eligible to participate in any benefit plans offered by
the Company to similarly situated officers including, without limitation,
medical, dental, short-term and long-term disability, life insurance, pension,
profit sharing and nonqualified deferred compensation arrangements.  The Company reserves the right to modify,
suspend or discontinue any and all of the plans, practices, policies and
programs at any time without recourse by the Executive, so long as the Company
takes such action generally with respect to other similarly situated officers.

 

(d)           Business Expenses.  The Company will reimburse the Executive for
all reasonable and necessary business expenses incurred in the performance of
services with the Company, according to the Company’s policies and upon the
Executive’s presentation of an itemized written statement and such verification
as the Company may require, provided that such expenses shall be reimbursed no
later than December 31 of the year following the year in which the
expenses were incurred.

 

(e)           Perquisites.  The Company will provide the Executive with
all perquisites it provides to other similarly situated officers, as the Board
may determine in its discretion.  The
Company also will reimburse the Executive for annual income tax return
preparation and financial planning up to $20,000 per year, provided that the
amount of such expenses available for reimbursement in one year shall not
affect the amount of expenses available for reimbursement in any other year.  The Company will make such reimbursements in
accordance with the Company’s reimbursement practices, and in all events no
later than December 31 of the year following the year in which the expense
was incurred.

 

(f)            Vacation.  The Executive will be entitled to vacation in
accordance with the Company’s vacation policy for officers, but in no event
less than five (5) weeks per calendar year.  The maximum vacation accrual allowed from
year to year and at any given time will equal the Executive’s annual
entitlement.  Once the maximum accrual is
reached, the Executive will no longer accrue vacation until the unused amount
accrued is below the maximum level allowed.

 

(g)           Retiree Medical.

 

(i)            The Executive shall be
entitled to receive retiree medical benefits during the Executive’s lifetime in
accordance with the eligibility requirements, terms and conditions, and plan
offerings for access to retiree medical benefits provided generally to
full-time employees of the Company.  The
Executive may cover the individual who is the Executive’s spouse as of the date
of the Executive’s termination of employment (the “Spouse”) and/or the
individuals who are the Executive’s dependent children as of the date of the
Executive’s 

 

3

 

termination of employment (the “Dependents”),
to the extent eligible at the time of the Executive’s retirement, according to
the terms and conditions of the Company’s retiree medical benefit plan.  The cost of such benefits for the Executive,
the Executive’s Spouse and eligible Dependents, will be 100% of the premiums
and will be reimbursed by the Company on an annual basis up to the date the
Executive reaches Medicare eligibility due to age, at which point such
reimbursement will cease.  Such
reimbursement shall be made in accordance with the Company’s reimbursement
practices, and in all events no later than December 31 of the year
following the year in which the premiums were incurred, and in accordance with
the other requirements of Code Section 409A and Treasury Regulation
§1.409A-3(i)(1)(iv) (or any similar or successor provisions).  Depending on the plan, all or a portion of
the reimbursement may be taxable.  Such
benefits shall include prescription drug coverage, but not dental or vision
benefits unless included in the medical plan.

 

(ii)           Upon reaching Medicare
eligibility due to age, Medicare shall become the primary payor of
medical/prescription benefits for the Executive, the Executive’s Spouse or
eligible Dependents as applicable, and the reimbursement of premiums for such
coverage by the Company shall cease.

 

(iii)          The Company reserves the
right to modify, suspend or discontinue any and all retiree medical plans,
practices, policies and programs at any time without recourse by the Executive,
so long as the Company takes such action generally with respect to other
similarly situated officers; provided that, if the Company terminates retiree
access to medical and/or prescription benefits generally for retirees, the
Executive shall be entitled to an annual reimbursement from the Company upon
proof of continued coverage for comparable medical and/or prescription coverage
under an individual policy or other group policy, subject to a maximum total
reimbursement of one and one-half (11⁄2) times the applicable premium of the plan
in effect at the time retiree access is terminated at the applicable coverage
level, and subject to maximum annual inflation adjustment thereafter of five
percent (5%).

 

(iv)          Upon the death of the
Executive, a surviving Spouse will continue eligibility and reimbursement as
described above.  Surviving Dependent
children will not receive premium reimbursement beyond the COBRA continuation period.  For all other COBRA qualifying events other
than the death of the Executive, reimbursement will cease upon commencement of
the COBRA continuation period.

 

5.             Payments on Termination of
Employment.

 

(a)           Definition of Termination of
Employment.  For
purposes of this Agreement, the Executive’s employment with the Company shall
be deemed to be terminated when the Executive has a “Separation from Service”
within the meaning of Code Section 409A, and references to termination of
employment shall be deemed to refer to a Separation from Service.

 

4

 

(b)           Termination of Employment
for any Reason.  The
following payments will be made upon the Executive’s termination of employment
for any reason:

 

(i)            Earned but unpaid Base
Salary through the date of termination;

 

(ii)           Any annual incentive plan
bonus, for which the performance measurement period has ended, but which is
unpaid at the time of termination;

 

(iii)          Any accrued but unpaid
vacation;

 

(iv)          Any amounts payable under
any of the Company’s benefit plans in accordance with the terms of those plans,
except as may be required under Code Section 401(a)(13); and

 

(v)           Unreimbursed business
expenses incurred by the Executive on the Company’s behalf.

 

(c)           Termination of Employment
for Death or Disability.  In
addition to the amounts determined under (a) above, if the Executive’s
termination of employment occurs by reason of death or Disability (as defined
below), the Executive (or the Executive’s estate) will receive a pro rata
portion of any bonus payable under the Company’s annual incentive plan for the
year in which such termination occurs determined based on the highest of (i) the
actual annual bonus paid for the bonus plan year immediately preceding such
termination, or (ii) the target bonus for the bonus plan year in which
such termination occurs.  For purposes of
this Agreement, “Disability” shall mean, in the written opinion of a qualified
physician selected by the Company, the Executive is by reason of any medically
determinable physical or mental impairment that can be expected to result in
death or can be expected to last for a continuous period of not less than
twelve (12) months, (x) unable to engage in any substantial gainful
activity, or (y) receiving income replacement benefits for a period of not
less than three (3) months under a Company disability plan.

 

(d)           Termination by the Company
Without Cause, or Voluntary Termination by the Executive for Good Reason.  If the Company terminates the Executive’s
employment other than for Cause, death or Disability, or the Executive
voluntarily terminates employment for Good Reason, in addition to the benefits
payable under Section 5(b), the Company will pay the following amounts and
provide the following severance benefits:

 

(i)            The Executive’s Base Salary
through the one (1)-year anniversary of the Executive’s termination of
employment, and the Executive’s annual incentive bonus, which will be
determined as the higher of (A) the actual incentive bonus paid for the
bonus plan year immediately preceding such termination of employment, or (B) the
average annual bonus paid to the Executive for the three bonus plan years
preceding the year in which such termination of employment occurs (excluding
any years of partial, or no, bonus plan participation), plus (C) the
amount, if any, to which the bonus that would have been paid to the Executive
for the bonus plan year in which such termination of 

 

5

 

employment occurs, based on the performance
level actually attained, exceeds the amount payable under the highest of (A) or
(B).

 

(ii)           Continued coverage under the
Company’s medical, dental, vision, key manager life insurance and pension
through the one (1)-year anniversary of the Executive’s termination of
employment, at the same cost to the Executive as in effect on the date of the
Executive’s termination of employment, provided that to the extent such
continued coverage extends beyond the COBRA continuation period, such coverage
will be provided in accordance with the requirements of Code Section 409A
and Treasury Regulation §1.409A-3(i)(1)(iv) (or any similar or successor
provisions).  The period through the end
of the Employment Term, as it may have been extended, shall continue to count
for purposes of determining the Executive’s age and service with the Company
with respect to eligibility, vesting and the amount of benefits under the
Company’s benefit plans to the maximum extent permitted by applicable law.  If the Company determines that the Executive
cannot participate in any benefit plan because the Executive is not actively
performing services for the Company, the Company will provide such benefits
under (A) an alternate arrangement, such as through the purchase of an
individual insurance policy that provides similar benefits, provided that such
coverage will be provided in accordance with the requirements of Code Section 409A
and Treasury Regulation §1.409A-3(i)(1)(iv) (or any similar or successor
provisions) or (B) if applicable, through a nonqualified pension or profit
sharing plan, provided that such payments shall be made no later than December 31
of the calendar year following the calendar year in which the Executive’s
termination of employment occurs.  To the
extent that the Executive’s compensation is necessary for determining the
amount of any such continued coverage or benefits, such compensation (Base
Salary and annual incentive bonus) through the one (1)-year anniversary of the
Executive’s termination of employment shall be at the highest rate in effect during
the twelve (12)-month period immediately preceding the Executive’s termination
of employment.

 

(iii)          Executive perquisites on the
same basis on which the Executive was receiving such perquisites prior to the
Executive’s termination of employment, including: (A) reimbursement for
club dues through the one (1)-year anniversary of the Executive’s termination
of employment; and (B) reimbursement of expenses relating to financial
planning services, tax return preparation and annual physicals incurred on or
before December 31 of the calendar year that includes the first
anniversary of the Executive’s termination of employment; provided that
reimbursement of such perquisites shall be made to the Executive in accordance
with the Company’s reimbursement practices, and in all events no later than December 31
of the calendar year that includes the third anniversary of the Executive’s
termination of employment.  The Company
will bear the cost of such perquisites, at the same level in effect immediately
prior to the Executive’s termination of employment.  Perquisites otherwise receivable by the
Executive pursuant to this Section shall be reduced to the extent
comparable perquisites are actually received by or made available to the
Executive without cost during the period following the Executive’s termination
of employment 

 

6

 

covered by this
Section.  The Executive shall report to
the Company any such perquisites actually received by or made available to the
Executive.

 

(iv)          Any outstanding stock
options, restricted stock or other equity-based compensation awards that would
have vested during the period through the one year anniversary of the Executive’s
employment termination shall immediately vest upon the date of the Executive’s
termination of employment, and any such vested stock options will be
immediately exercisable at any time prior to the earlier of (A) two (2) years
from the Executive’s termination of employment, or (B) the stock option
expiration or other termination date, subject to the terms of the equity-based
compensation award and applicable insider trading policies and
regulations.  Notwithstanding the
foregoing, any restricted stock or other equity-based compensation awards that
were intended to satisfy the requirements for performance-based compensation
under Code Section 162(m), and would become vested only upon the
attainment of specified performance goals, shall vest only if (and at the time
that) such performance goals are achieved.

 

(v)           Outplacement services, as
elected by the Executive (and with a firm selected by the Executive), not to
exceed $35,000 in total.  Such
outplacement services must be incurred by the Executive no later than the end
of the calendar year that includes the second anniversary of the Executive’s
termination of employment.  If
applicable, reimbursement of such expenses shall be made to the Executive no
later than the end of the calendar year that includes the third anniversary of
the Executive’s termination of employment.

 

(e)           Good Reason.  For purposes of this Agreement, “Good Reason”
shall mean the occurrence of any of the following without the Executive’s
consent:  (i) a material diminution
in the Executive’s base compensation; (ii) a material diminution in the
Executive’s authority, duties, or responsibilities; (iii) a material
diminution in the budget over which the Executive retains authority; (iv) a
material change in the geographic location at which the Executive’s must
perform the services; or (v) any other action or inaction that constitutes
a material breach by the Company of this Agreement.  The Executive’s must provide notice to the
Company of the existence of the condition described in above within a period
not to exceed ninety (90) days of the initial existence of the condition, and
the Company will have a period of at least thirty (30) days following the
notice during which it may remedy the condition.  Any termination for Good Reason must occur
within two (2) years following the initial existence of one (1) or
more of the foregoing conditions.

 

(f)            Cause.  For purposes of this Agreement, “Cause” shall
mean:  (i) the Executive’s willful
and continued failure to satisfactorily perform the Executive’s duties as an
executive of the Company (other than any such failure resulting from incapacity
due to physical or mental illness) after a written demand for performance is
delivered to the Executive, which demand specifically identifies the manner in
which the Executive has not satisfactorily performed the Executive’s duties,
and which gives the Executive at least 30 days to cure such alleged
deficiencies, (ii) the Executive’s willful misconduct or dishonesty, which
is demonstrably and materially injurious to the Company, monetarily, 

 

7

 

reputationally, or otherwise, (iii) the
Executive’s engaging in egregious misconduct involving serious moral turpitude
to the extent that the Executive’s credibility and reputation no longer
conforms to the standard of officers of the Company, (iv) the Executive’s
refusal or failure to substantially comply with the Company’s human resources
rules, policies, directions and/or restrictions relating to harassment and/or
discrimination, or to substantially comply with the Company’s compliance or
risk management rules, policies, directions and/or restrictions (including,
without limitation, the Company’s Code of Business Conduct); (v) the
Executive’s loss of any license or registration that is necessary for the
Executive to perform the Executive’s duties, or commission of any act that
could result in the legal disqualification of the Executive from being employed
by the Company or a subsidiary; (vi) the Executive’s failure to cooperate
with the Company or a subsidiary in any internal investigation or administrative,
regulatory or judicial proceeding; or (vii) the Executive’s conviction of,
or plea of nolo contendere to, a
felony or other crime involving moral turpitude.  In addition, the Executive’s employment shall
be deemed to have terminated for Cause if, after the Executive’s employment has
terminated, facts and circumstances are discovered that would have justified a
termination for Cause.

 

(g)           Non-Renewal.  If the Company gives written notice to the
Executive of its intention not to continue this Agreement in effect, in
accordance with Section 2, and the Executive remains employed until the December 31
termination of the Agreement (and a Change of Control has not occurred that
would extend the Agreement), the Executive may deliver the Executive’s written
resignation to the Company effective December 31, within thirty (30) days
prior to such December 31, and the Company will provide the Executive with
a lump sum payment equal to six (6) months of the Executive’s Base Salary
within thirty (30) days following the December 31 effective date of the
Executive’s resignation.

 

(h)           Timing of Payments.  Subject to Sections 5(i) and 5(j) and
except as provided otherwise in this Agreement, all payments described in Section 5
above shall be made in a lump sum cash payment as soon as administratively
practicable (but in no event more than thirty (30) days) following the
Executive’s termination of employment. 
If the total amount of annual bonus is not determinable on that date,
the Company shall pay the amount of bonus that is determinable and the
remainder shall be paid in a lump sum cash payment at the time such bonuses are
paid generally and in all events within the two and one-half (21⁄2) months
following the end of the calendar year in which the bonus is earned (subject to
Section 5(i)).

 

(i)            Six (6) -Month Delay.  If, at the time the Executive becomes
entitled to a termination payment under this Section 5, the Executive is a
“specified employee” (as defined under Code Section 409A), then,
notwithstanding any other provision in this Agreement to the contrary, the
following provisions shall apply.

 

(i)            No such termination payment
considered deferred compensation under Code Section 409A and not subject
to an exception or exemption thereunder shall be paid to the Executive until
the date that is six (6) months after the Executive’s termination or, if
earlier, the date of the Executive’s death (the “Six -Month Delay Rule”).  Any such termination payment that would
otherwise 

 

8

 

have been paid to the Executive during this
six-month period (the “Six -Month Delay”) shall instead be aggregated and paid
to the Executive no later than ten (10) days following the date that is
six (6) months after the Executive’s termination (together with interest
at the interest credit rate provided in the SPX Corporation Individual Account
Retirement Plan).  Any termination
payment to which the Executive is entitled to be paid under this Section 5
after the date that is six (6) months after the Executive’s termination
shall be paid to the Executive in accordance with the applicable terms of Section 5.

 

(ii)           During the Six-Month Delay,
the Company will pay to the Executive the applicable payments set forth in this
Section 5, to the extent any of the following exceptions to the Six-Month
Delay Rule apply:

 

(A)          the short-term deferral rule of
Code Section 409A and Treasury Regulation §1.409A-1(b)(4) (or any
similar or successor provisions) (including with the treatment of each payment
as one of a series of separate payments for purposes of Code Section 409A
and Treasury Regulation §1.409A-2(b)(2)(iii)) (or any similar or successor
provisions),

 

(B)           payments permitted under the
separation pay exception of Code Section 409A and Treasury Regulation
§1.409A-1(b)(9)(iii) (or any similar or successor provisions), and

 

(C)           payments permitted under the
limited payments exception of Code Section 409A and Treasury Regulation
§1.409A-1(b)(9)(v)(D) (or any similar or successor provisions),

 

provided that the amount paid under this Section will
count toward, and will not be in addition to, the total payment amount required
to be made to the Executive by the Company under this Section 5 on account
of the separation from service and any applicable Company benefit plan.

 

(j)            Release.  The Company shall deliver to the Executive a
form of general release and waiver of claims in favor of the Company that is
acceptable to the Company (the “Release”) as soon as administratively feasible
following the Executive’s termination of employment.  Notwithstanding anything in this Agreement to
the contrary, no payments pursuant to Section 5(c) or Section 5(d) shall
be made prior to the date that both (i) the Executive has delivered an
original, signed Release to the Company and (ii) the revocability period
(if any) has elapsed; provided, however, that any payments that would otherwise
have been made prior to such date but for the fact that the Executive had not
yet delivered an original, signed Release (or the revocability period had not
yet elapsed) shall be made as soon as administratively practicable but not
later than the seventy-fourth (74th) day following the Executive’s termination
of employment.  If the Executive does not
deliver an original, signed Release to the Company within ten (10) business
days (or longer if required by applicable law) after receipt of the same from
the Company, (i) the Executive’s rights shall be limited to those made
available to the Executive under Section 5(b) above, and (ii) the
Company shall have no obligation to pay 

 

9

 

or provide to the Executive
any amount or benefits described in Section 5(c) or Section 5(d),
or any other monies on account of the termination of the Executive’s
employment.

 

(k)           Removal from any Boards and
Positions.  Upon the
Executive’s termination of employment for any reason under this Agreement, the
Executive shall be deemed to resign (i) if a member, from the Board or
board of directors of any affiliate or any other board to which the Executive
has been appointed or nominated by or on behalf of the Company, (ii) from
any position with the Company or any affiliate, including, but not limited to,
as an officer of the Company or any of its affiliates, and (iii) as a
fiduciary of any employee benefit plan of the Company.

 

6.             Recapture
of Certain Incentive Compensation.  If the Company is required to prepare an
accounting restatement due to the material noncompliance of the Company, during
the Term, as a result of misconduct, with any financial reporting requirement
under the securities laws, the Executive shall reimburse the Company, promptly
upon notice and demand, for (a) any bonus or other incentive-based or
equity-based compensation received from the Company during the twelve (12) -month
period following the first public issuance or filing with the Securities and
Exchange Commission, whichever occurs first, of the financial document
embodying such financial reporting requirement; and (b) any profits
realized from the sale of securities of the Company during that twelve (12)
-month period.

 

7.             Assignment; Successors.  This Agreement shall inure to the benefit of
and be binding upon the Company and its successors.  The Company may not assign this Agreement
without the Executive’s written consent, except that the Company’s obligations
under this Agreement shall be the binding legal obligations of any successor to
the Company by sale, and in the event of any transaction that results in the
transfer of substantially all of the assets or business of the Company, the
Company will use its best efforts to cause the transferee to assume the
obligations of the Company under this Agreement.  The Executive may not assign this Agreement
during the Executive’s life.  Upon the
Executive’s death, this Agreement will inure to the benefit of the Executive’s
heirs, legatees and legal representatives of the Executive’s estate.

 

8.             Interpretation.  The
laws of the State of Delaware shall govern the validity, interpretation,
construction and performance of this Agreement, without regard to the conflict
of laws principles thereof.  The Company
and the Executive agree that the jurisdiction and venue for any disputes
arising under, or any action brought to enforce, or otherwise relating to, this
Agreement shall be exclusively by arbitration, or in the courts (as provided by
Section 22) in the State of North Carolina, Mecklenburg County, including
the federal courts located therein or responsible therefor (should federal
jurisdiction exist), and the Company and the Executive hereby submit and
consent to said jurisdiction and venue.

 

9.             Withholding.  The Company
may withhold from any payment that it is required to make under this Agreement
amounts sufficient to satisfy applicable withholding requirements under any
federal, state or local law.  The Company
may, at its option (a) require the Executive to pay to the Company in cash
such amount as may be required to satisfy such withholding obligations or (b) make
other satisfactory arrangements with the Executive to satisfy such withholding
obligations.

 

10

 

10.           Amendment or Termination.  This Agreement may be amended at any time by
written agreement between the Company and the Executive.

 

11.           Notices.  Notices given pursuant to this Agreement
shall be in writing and shall be deemed received when personally delivered, or
on the date of written confirmation of receipt by (i) overnight carrier, (ii) telecopy,
(iii) registered or certified mail, return receipt requested, addressee only,
postage prepaid, or (iv) such other method of delivery that provides a
written confirmation of delivery.  Notice
to the Company shall be directed to:

 

SPX Corporation

13515 Ballantyne Corporate Place

Charlotte, NC 28277

Attention: General Counsel

 

The
Company may change the person and/or address to which the Executive must give
notice under this Section 11 by giving the Executive written notice of
such change, in accordance with the procedures described above.  Notices to or with respect to the Executive
will be directed to the Executive, or to the Executive’s executors, personal
representatives or distributees, if the Executive is deceased, or the assignees
of the Executive, at the Executive’s home address on the records of the
Company.

 

12.           Severability.  If any provisions(s) of this Agreement
shall be found invalid or unenforceable, in whole or in part, then it is the
parties’ mutual desire that such provision(s) be modified to the extent
and in the manner necessary to render the same valid and enforceable, and this
Agreement shall be construed and enforced to the maximum extent permitted by
law, as if such provision(s) had been originally incorporated herein as so
modified or restricted, or as if such provision(s) had not been originally
incorporated herein, as the case may be.

 

13.           Entire Agreement.  This Agreement sets forth the entire
agreement and understanding between the Company and the Executive and
supersedes all prior agreements and understandings, written or oral, relating
to the subject matter hereof; provided, however, that: (i) the Executive’s
Change of Control Agreement dated April 22, 2009 shall remain in full
force and effect, and payments and benefits provided thereunder shall replace
those provided in this Agreement to the extent that such payments or benefits
otherwise clearly would be duplicative; and (ii) the Executive’s
non-compete, non-solicitation, confidentiality or similar restrictive covenants
shall remain in full force and effect.

 

14.           Consultation With Counsel.  The Executive acknowledges that the Executive
has had a full and complete opportunity to consult with counsel of the
Executive’s own choosing concerning the terms, enforceability and implications
of this Agreement, and the Company has made no representations or warranties to
the Executive concerning the terms, enforceability or implications of this
Agreement other than as are reflected in this Agreement.

 

15.           No Waiver.  No failure or delay by the Company or the
Executive in enforcing or exercising any right or remedy hereunder shall
operate as a waiver thereof.  No
modification, amendment or waiver of this Agreement or consent to any departure
by the Executive from any of the terms or conditions thereof, shall be
effective unless in writing and signed by the 

 

11

 

Chairman of the Company’s Board.  Any such waiver or consent shall be effective
only in the specific instance and for the purpose for which given.

 

16.           Effect on Other Obligations.  Payments and benefits herein provided to be
paid to the Executive by the Company shall be made without regard to and in
addition to any other payments or benefits required to be paid the Executive at
any time hereafter under the terms of any other agreement between the Executive
and the Company or under any other policy of the Company relating to
compensation, or retirement or other benefits. 
Except as otherwise expressly provided herein, payments or benefits
provided the Executive hereunder shall be reduced by any amount the Executive
may earn or receive from employment with another employer or from any another
source.

 

17.           Survival.  All Sections of this Agreement survive beyond
the Term except as otherwise specifically stated.

 

18.           Headings.  The headings in this Agreement are for convenience
of reference only and shall not limit or otherwise affect the meaning thereof.

 

19.           Counterparts.  The parties may execute this Agreement in one
or more counterparts, all of which together shall constitute but one Agreement.

 

20.           409A Compliance.  To the extent any provision of this Agreement
or action by the Company would subject the Executive to liability for interest
or additional taxes under Code Section 409A, it will be deemed null and
void, to the extent permitted by law and deemed advisable by the Company.  It is intended that this Agreement will
comply with Code Section 409A and the interpretive guidance thereunder,
including the exceptions for short-term deferrals, separation pay arrangements,
reimbursements, and in-kind distributions, and this Agreement shall be
administered accordingly, and interpreted and construed on a basis consistent
with such intent.  Each payment under Section 5
of this Agreement or any Company benefit plan is intended to be treated as one
of a series of separate payments for purposes of Code Section 409A and
Treasury Regulation §1.409A-2(b)(2)(iii) (or any similar or successor
provisions).  This Agreement may be
amended to the extent necessary (including retroactively) by the Company in
order to preserve compliance with Code Section 409A.  The preceding shall not be construed as a
guarantee of any particular tax effect for the Executive’s compensation and
benefits.

 

21.           Payments to Estate.  The executor of the Executive’s estate shall
be entitled to receive all amounts owing to the Executive at the time of death
under this Agreement in full settlement and satisfaction of all claims and
demands on behalf of the Executive.  Such
payments shall be in addition to any other death benefits of the Company and in
full settlement and satisfaction of all severance benefit payments provided for
in this Agreement.  In the event of the
Executive’s death or a judicial determination of the Executive’s incompetence,
reference in this Agreement to the “Executive” will be deemed to refer, where
appropriate, to the Executive’s estate or other legal representative.

 

22.           Dispute Resolution.  In the event of any dispute or claim relating
to or arising out of this Agreement, the Executive and Company agree that all
such claims or disputes shall be fully and finally resolved by binding
arbitration conducted by the American Arbitration Association (“AAA”) in
Charlotte, North Carolina in accordance with the AAA’s National Rules 

 

12

 

for the Resolution of Employment Disputes, provided, however, that this
arbitration provision shall not apply to, and Company shall be free to seek,
injunctive or other equitable relief with respect to any actual or threatened
breach or violation by the Executive of any applicable non-compete,
non-solicitation, confidentiality or similar restrictive covenants with respect
to the Executive, in any court having appropriate jurisdiction.  The Executive acknowledges that by accepting
this arbitration provision he is waiving any right to a jury trial in the event
of a covered dispute.  The arbitrator
may, but is not required to, order that the prevailing party shall be entitled
to recover from the losing party its attorneys’ fees and costs incurred in any
arbitration arising out of this Agreement. 
The arbitrator will have the right only to interpret and apply the
provisions of this Agreement and may not change any of its provisions.  The arbitrator will permit reasonable
pre-hearing discovery of facts, to the extent necessary to establish a claim or
a defense to a claim, subject to supervision by the arbitrator.  The determination of the arbitrator will be
conclusive and binding upon the parties and judgment upon the same may be
entered in any court having jurisdiction thereof.  The arbitrator will give written notice to the
parties stating the arbitrator’s determination, and will furnish to each party
a signed copy of such determination.  Any
arbitration or action pursuant to this Section 22 will be governed by and
construed in accordance with the substantive laws of the State of Delaware and,
where applicable, federal law, without giving effect to the principles of
conflict of laws of Delaware.  The
Company will not be required to seek or participate in arbitration regarding
any actual or threatened breach of any applicable non-compete,
non-solicitation, confidentiality or similar restrictive covenants with respect
to the Executive, but may pursue its remedies, including injunctive relief, for
such breach in a court of competent jurisdiction in Charlotte, North Carolina,
or in the sole discretion of the Company, in a court of competent jurisdiction
where the Executive has committed or is threatening to commit a breach of the
Executive’s covenants, and no arbitrator may make any ruling inconsistent with
the findings or rulings of such court.

 

IN WITNESS
WHEREOF, the parties have executed this Agreement effective
as of the date first written above.

 

	
  EXECUTIVE
  ACCEPTANCE

  	
   

  	
  SPX
  CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/Jeremy W. Smeltser

  	
   

  	
  By:

  	
  /s/Christopher J. Kearney

  
	
  Jeremy W. Smeltser

  	
   

  	
   

  	
  Christopher J. Kearney

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Its:

  	
  Chairman, President and

  
	
   

  	
   

  	
   

  	
  Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Date:

  	
  April 22, 2009

  
					

 

13

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