Your retirement benefits are calculated based on your years of service, age at retirement and high-five average salary. Your high-five average salary is based on your statutory salary. Contributions to deferred compensation, Social Security, health care premiums, etc, do not lower your high-five average salary. When calculating your high five salary, we use the highest successive 60 month period (5 X 12 months = 60 months), rather than a calendar year or fiscal year salary. For example, your high-five average salary could start on March 1, and run through February five years later.

For most employees, the high-five average salary is the last sixty-month period, but does not necessarily have to be your last five years of employment.  Your employer reports your salary along with your retirement deductions every pay period. This allows us to accurately calculate your high-five average salary.