24 CAR pt. 20, Appendix C. Attachment 3 - Arkansas Fire and Police Local Plans Deferred Retirement Option Plan (DROP): Actuarial Equivalence Factors for Converting the DROP Account to a True Annuity

Attachment 3 ARKANSAS FIRE AND POLICE LOCAL PLANS DEFERRED RETIREMENT OPTION PLAN (DROP) Actuarial Equivalence Factors for Converting The DROP Account to a True Annuity Factors for converting to a monthly annuity payable for the life of the member only: Age nearest Birthday at End of DROP Multiply DROP Account by this factor Age nearest Birthday at End of DROP Multiply DROP Account by this factor 46 0.0053146 59 0.0066443 47 0.0053846 60 0.0068035 48 0.0054584 61 0.0069749 49 0.0055364 62 0.0071594 50 0.0056188 63 0.0073579 51 0.0057060 64 0.0075709 52 0.0057984 65 0.0077992 53 0.0058965 66 0.0080432 54 0.0060009 67 0.0083033 55 0.0061123 68 0.0085802 56 0.0062314 69 0.0088750 57 0.0063592 70 0.0091893 58 0.0064965 Based on 83 Group Annuity Mortality and 5% interest.