If a participant retires and does not provide a survivor annuity to a spouse, former spouse or designated beneficiary, the participant receives a ``full'' annuity. A full annuity means an annuity computed without any survivorship reduction. Example: Average salary $20,000 and maximum of 35 years of service. Average basic annual salary for high 3 consecutive years of $20,000
service......................................................Multiplied by 2 pct........................................... .02
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$400.00Multiplied by 35 years of creditable service.................. .35
---------Full annuity.................................................. $14,000