Calculate Your Estimated Pension Benefits

Eligibility to receive any actual retirement benefit and the amount of a benefit is subject to information including, but not limited to, the following being verified where applicable:

• Age
• Membership status
• The amount of creditable service accrued
• What amounts paid to you qualify as “regular compensation” to be included in your
  benefit calculation
• Group Classification
• Whether any salary increases are within statutory (anti-spiking) limits. You should contact the State Retirement Board if:
1. in the five years of creditable service immediately preceding retirement your annual rate of salary doubled between any two 2 consecutive years or
2. in determining the 3-year or 5-year salary average your regular compensation in any year exceeds the average of the regular compensation of the previous two years by more than 10%.

Please note, the following shows the eligibility criteria for two sets of members:

For members entering service before April 2, 2012:

To be eligible to retire, the member must meet one of the following two conditions on their projected date of retirement:

• Member has 20 years of full-time creditable service at any age, or
• Member has attained age 55 with 10 years creditable service

For members entering service on and after April 2, 2012:

• All members must have a minimum of 10 years creditable service
• Members in Group 1 must be a minimum of 60 years of age
• Members in Group 2 must be a minimum of 55 years of age
• Members in Group 4 must be a minimum of 50 years of age

Acknowledgment: Please Read and Agree Before Continuing

I understand that the information and/or calculations displayed on this site do not necessarily reflect the actual amount of my retirement allowance. The results provided by this calculator are approximations and should not be considered as the final determination of my retirement benefit. They should not be relied upon for planning purposes.

      I agree; continue filling out form

Basic Information

* = required field

1. Select and enter your date of birth *
   Month Select month January February March April May June July August September October November December Day Select day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Year (YYYY)
   
2. Select and enter your service start date *
   Month Select month January February March April May June July August September October November December Day Select day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Year (YYYY)
   
3. Select and Enter your projected date of retirement *
   Month Select month January February March April May June July August September October November December Day Select day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Year (YYYY)
4. Select your estimated total number of years of creditable service, including any purchased service or may be eligible to purchase, as of your projected date of retirement (for example, 10 years and 2 months): 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years 18 years 19 years 20 years 21 years 22 years 23 years 24 years 25 years 26 years 27 years 28 years 29 years 30 years 31 years 32 years 33 years 34 years 35 years 36 years 37 years 38 years 39 years 40 years 41 years 42 years 43 years 44 years 45+ years 0 months 1 month 2 months 3 months 4 months 5 months 6 months 7 months 8 months 9 months 10 months 11 months of service
5. Select a group number 1, 2 or 4 Group Number 1 Group Number 2 Group Number 4
6. Are you a military veteran? Non-Veteran Veteran

In the question below enter one of the following values: *

• Members entering service before April 2, 2012 should enter the estimated average of your highest thirty-six (36) consecutive months of annual regular compensation.
• Members entering service on or after April 2, 2012 should enter the estimated average of your highest sixty (60) consecutive months of annual regular compensation.
7. Enter the estimated average of your annual regular compensation. *
8. OPTIONAL: If you are interested in estimating your benefits under Option C, please select and enter your beneficiary's date of birth or select your beneficiary's age on their birthday closest to your projected date of retirement. Reminder: Your Option C beneficiary must be your spouse, child, sibling, parent or former spouse who has not remarried.
   

   Check here to calculate by date of birth

   
   Month: Select month January February March April May June July August September October November December Day Select day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Year (YYYY)
   
   

   Check here to calculate by age

   
   Beneficiary's Age: Select age 1 year old 2 years old 3 years old 4 years old 5 years old 6 years old 7 years old 8 years old 9 years old 10 years old 11 years old 12 years old 13 years old 14 years old 15 years old 16 years old 17 years old 18 years old 19 years old 20 years old 21 years old 22 years old 23 years old 24 years old 25 years old 26 years old 27 years old 28 years old 29 years old 30 years old 31 years old 32 years old 33 years old 34 years old 35 years old 36 years old 37 years old 38 years old 39 years old 40 years old 41 years old 42 years old 43 years old 44 years old 45 years old 46 years old 47 years old 48 years old 49 years old 50 years old 51 years old 52 years old 53 years old 54 years old 55 years old 56 years old 57 years old 58 years old 59 years old 60 years old 61 years old 62 years old 63 years old 64 years old 65 years old 66 years old 67 years old 68 years old 69 years old 70 years old 71 years old 72 years old 73 years old 74 years old 75 years old 76 years old 77 years old 78 years old 79 years old 80 years old 81 years old 82 years old 83 years old 84 years old 85 years old 86 years old 87 years old 88 years old 89 years old 90+ years old and 0 months 1 month 2 months 3 months 4 months 5 months 6 months 7 months 8 months 9 months 10 months 11 months

1. Age at retirement:


2. Years of Creditable Service display:


3. Allowable % of Salary Average:


4. Average Annual Salary:


5. Veteran’s Bonus:

RETIREMENT ESTIMATES:

For more information on Allowance Options A, B, and C

Option A. (No survivor benefit)

1. Annual Allowance:   


2. Monthly Allowance:
3. * Beneficiary Annual Allowance: N/A
4. * Beneficiary Monthly Allowance: N/A

Option B. (Protects your annuity)

1. Annual Allowance:   


2. Monthly Allowance:
3. * Beneficiary Annual Allowance: Balance Annuity Reserve Account, if any
4. * Beneficiary Monthly Allowance: Balance Annuity Reserve Account, if any

Option C. (Joint survivor allowance)

1. Annual Allowance:   


2. Monthly Allowance:


3. * Beneficiary Annual Allowance:  


4. * Beneficiary Monthly Allowance:

SERVE  ◊  CONTRIBUTE  ◊  RETIRE

Pension reform legislation signed into law in November 2011 included changes to retirement allowance calculations. This included separate calculations for members entering service BEFORE April 2, 2012 and members entering service ON OR AFTER April 2, 2012.

If you are within 120 days of your retirement date, or have already separated from employment, contact the State Board of Retirement to speak with one of our retirement counselors and start planning your retirement. The State Board of Retirement strongly recommends that you plan your retirement and that you file at least 30 days in advance of leaving your job. Certain retirement options will not be available to you once you stop working. To contact the State Retirement Board call 617-367-7770 (Boston Office), 413-730-6135 (Springfield Office) or 800-392-6014 (in MA only). You may also reach us at srb@tre.state.ma.us. Additionally, you can visit the Retirement Board during our walk-in hours, Monday-Friday, 10am-3pm. Please note, the Board does not make appointments. Thank you.

*Beneficiary Allowance payable only upon death of retiree. If beneficiary predeceases retiree with option C, retiree’s pension amount will be increased to option A.