• A percentage of covered earnings (prior to May 1, 2009) in base years (Dec. 1-Nov. 30) in which a pension credit was earned, adjusted for your age at retirement and the payment option you choose;
• A percentage of employer contributions (on or after May 1, 2009) in base years in which a pension credit was earned, adjusted for your age at retirement and the payment option you choose.

The Retirement Fund calculates your annual annuity amount before the adjustments mentioned above as follows:

• A percentage of covered earnings (prior to May 1, 2009) in base years (Dec. 1-Nov. 30).
  
  ... plus ...

• The total amount of employer contributions credited on your behalf for the period May 1, 2009 through Nov. 30, 2012 to the AFTRA Health & Retirement Funds in each base year in which you earn a pension credit multiplied by the contribution-based accrual rate of 7.0%.
  
  ... plus ...
   
• The total amount of employer contributions credited on your behalf for the period Dec. 1, 2012-Nov. 30, 2014 to the AFTRA Health & Retirement Funds in each base year in which you earn a pension credit multiplied by the contribution-based accrual rate of 7.55%.
  
  ... plus ...
   
• The total amount of employer contributions credited on your behalf for periods on or after Dec. 1, 2014 to the AFTRA Health & Retirement Funds (and after Dec. 31, 2016, to the AFTRA Retirement Fund) in each base year in which you earn a pension credit multiplied by the contribution-based accrual rate of 4.86%.

To learn more and view examples, refer to the current Retirement Fund Summary Plan Description and any subsequent Benefits Updates. If you’re vested, to determine your exact pension amounts under the different available payment options, submit a Pension Projection Request Form
 
Exceptions: Accrual rates will not be applied to contributions based on AFTRA-covered earnings in excess of the current maximum limit of $200,000 or to any one-time Sound Code payments to the AFTRA Health Fund (prior to Jan. 1, 2017) or to the employer contributions on behalf of participants who have previously chosen, under certain collective bargaining agreements, for those employer contributions to be made to the AFTRA Health Fund only (prior to Jan. 1, 2017).

Retirement Plan at-a-glance main page
Retirement Fund section intro page
 
For information about how your benefit is calculated, call Participant Services at (800) 562-4690, or refer to the current Retirement Fund Summary Plan Description and any subsequent Benefits Updates.