Check my work An employee with 25 years of service at a company is considering retirement at some time in the next 10 years. The employer uses a final pay benefit formula by which the employee receives an annual benefit payment of 3.4 percent of her average salary during her last five years of service times her total years employed. The employee's average salary over the last 5 years of service is as follows: points Average Salary during Last Five Years of Service $141,000 151,000 156,000 Retire now Retire in 5 years Retire in 10 years eBook References Calculate the annual benefit payment for retirement now, in 5 years, and in 10 years. Annual benefit Retire now Retire in 5 years Retire in 10 years