Enter the age and number of years worked into the calculator to determine the Rule of 85 score.
Rule Of 85 Formula
The following formula can be used to calculate the Rule of 85.
R85 = A + Y
Variables:
- R85 is the Rule of 85 score
- A is the age of the employee (years)
- Y is the number of years the employee has worked for the company (years)
To calculate the Rule of 85 score, simply add the employee’s age to the number of years they have worked for the company. If the result is 85 or more, the employee is eligible for early retirement under the Rule of 85 provision.
What is a Rule Of 85?
The Rule of 85 is a provision in some pension plans that allows an employee to retire early if their age plus the number of years they have worked for the company equals 85 or more. This rule is designed to provide retirement benefits to employees who have dedicated a significant portion of their career to the company, even if they haven’t reached the traditional retirement age. The specifics of how the Rule of 85 is applied can vary depending on the pension plan.
How to Calculate Rule Of 85?
The following steps outline how to calculate the Rule of 85.
- First, determine the age of the employee (A).
- Next, determine the number of years the employee has worked for the company (Y).
- Next, gather the formula from above = R85 = A + Y.
- Finally, calculate the Rule of 85 score (R85).
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
Age of the employee (A) = 55
Number of years the employee has worked for the company (Y) = 30
