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Wife shall be entitled to receive any and all income, earnings and other monies generated by her portion of husband s account, including a proportionate share of any ad hoc and/or cost-of-living increases granted by the legislature, as previously set forth, based upon the following formula: Marital Settlement Agreement - 15 Account balance at 199, plus earnings thereon to date Actual of retirement monthly x benefit Total account based on balance at Option 1 retirement x 50 = Wife s monthly benefit 3.. Husband hereby designates Wife as beneficiary of fifty percent (50 ) of any death benefits payable by reason of husband s death before benefits become payable and attributable to all contributions (and earnings and income thereon) and service through , 199 Wife s interest in these benefits shall be calculated as follows: Marital Settlement Agreement - 16 Account balance at March 1, 1993, plus earnings thereon to date Actual of death death x benefit x Total account based upon balance at Husband s lump sum 50 = Wife s benefit at death distribution benefit 7.. Payment of to Husband, without interest through , and with 9 per annum simple interest from until the closing date of the sale of the home, provided, however, that such payment (and any interest) owing to Husband shall be reduced by the amount of Wife s documented graduate school expenses, including tuition, books, fees and interest upon any school loan(s), incurred prior to , 199, with such reduction of the amount otherwise owing to Husband to not exceed total.. Money Judgement and Lien As a part of the equitable division of property and debts herein, shall pay to the sum of according to the terms of the promissory note attached hereto as Exhibit "" The parties intend that such obligation owing to from shall be entered as a judgement in s favor against until ful
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