Q. I have 11 years as an 1811 and am considering moving into a noncovered position. I know I will ultimately have to do 30 years, but how will my 11 years as an 1811 (6c covered) be calculated? Will the first 11 years be counted at 1.7 percent and the remaining 19 years at 1 percent per year?
A. Your entire annuity will be calculated using the standard formula.