Benefit Estimate

Benefit estimates are a valuable tool to use when planning for retirement.  Estimates are readily available through the following sources:

Your retirement is based on a formula that is set by law.  The more service you have and the higher your final average pay, the higher your base benefit amount.

Creditable Service  x  Final Average Pay  x  Multiplier  =  Monthly Base Benefit

It is important to understand that benefit estimates are just that – estimates.  Every effort is made to assure the accuracy of the estimates; however, programming or reporting errors could occur without our knowledge.  The information contained in the estimates must be verified before benefits can be paid.