How Much Monthly Pension Receives After Age 60 and Paid 120 Months Contribution

How much is the monthly pension of a member who retires after age 60 and who has contributed the required 120 monthly contributions?

The monthly pension shall be the higher of the following:

  1. the monthly pension computed at the earliest time the member could have retired had been separated from self-employment or ceased to be self-employed plus all adjustments thereto; or
  2. the monthly pension computed at the time when the member actually retires.

A pensioner who retires more than once shall be entitled to the higher of:

  1. the monthly pension computed for the first retirement claim; or
  2. the re-computed monthly pension for the new claim.
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