Joe just decided to retire from the University of Miwsukee atter $30$ years of service. As he goes through the retirement process, he learns the details of his defined benefit pension UM affers its employees an antival retirement payment equail to $3\%$ of their final three years income rimes the number of yoars of service. His salary thils year was $$65,000,$ which was up from $$62,500$ and $$60,000$ in the prior two vears.

Based on this information what annual benefit is for eligible to recelve in dollars?