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Retirement Application Assistance Sessions (RAAS) are currently conducted via phone. Members will need to obtain the notarization requirements separate from the RAAS. Please do not send your paperwork to PERS before your appointment. Visit the PERS website for the latest information. Additional 2022 events will be added. PERS Plan 2 formula. 2% x service credit years x Average Final Compensation = monthly benefit. Example: Let's say you work 23 years and the average of your highest 60 months of income (AFC) is $5,400 per month. 2% x 23 years x $5,400 = $2,484. When you retire, you'd receive $2,484 per month.