Compute Jills retirement income from Allied under the following situations.

Consider each situation independent.

1. Allied provides retirees $600 per month per life

2. Allied provides retirees with 15 years or more years of service 50% of average annual pay

3. Allied provides retirees with 1.6% of earnings for each year of service using
   1. Career average earnings

2. Final average earnings

4. Name each defined benefit plan formula used