Problem:

"The retirement pension salary of a Michigan public school teacher is a percentage of the average of their last 3 years of teaching Normally, the number of years of teaching service is the percentage multiplier. To encourage senior teachers to retire early, the Michigan legislature enacted the following incentive in May of 2010:

Teachers must apply for the incentive before June 11, 2010. Teachers who are currently eligible to retire (age >= 63 years) shall have a multiplier of 1.6% on their salary up to, including, $90,000, and 1.5% on compensation in excess of $90,000. A teacher who meets the 80 total years of age plus years of teaching shall have a multiplier of 1.55% on their salary up to, and including, $90,000 and 1.5% on compensation in excess of $90,000.

Make a decision table to describe the retirement pension policy; be sure to consider the retirement eligibility criteria carefully. What is the compensation multiplier for a person who is currently 64 with 20 years of teaching whose salary is $95,000?"

-- include assumptions and a complete decision table plus any reductions that simplify the table to reach final answer.