Your Pension Options
Compare payment options at age 65| Select | Your Monthly Pension | What Your Spouse Would Receive | Notes |
|---|---|---|---|
|
|
$5,288 $62,736/year |
$0 (after 10 years) |
Highest monthly amount |
|
Default
|
$5,024 $60,288/year |
$3,014 60% of your pension |
Standard protection |
|
|
$4,759 $57,109/year |
$4,759 100% of your pension |
Full income protection |
Federal law requires married members to choose the
60% Joint & Survivor option unless your spouse signs a waiver.
You can upgrade to 100% Joint & Survivor for additional spouse protection, or find the Spousal Waiver here.
Estimated Monthly Benefit
$5,024
At age 65
Estimated Annual Benefit
$60,288
5,024 × 12 months
30-Year Lifetime Total
$1,808,640
Estimated over 30 years
Calculation Details
Service Breakdown
Current service:
28.5 years
Future service:
5 years
Total service:
33.5 years
Rule of 80 Status
Age at retirement:
65
Service years:
33.5
Total:
98.5 ✓
Salary Information
Current salary:
$85,000
Final average salary:
$94,713
Benefit Adjustments
Accrual rate:
2.0%
Survivor benefit reduction:
12.0%
Important Disclaimer: The pension illustrations provided by this calculator are for informational purposes only and do not constitute a guarantee of future benefits. Actual pension benefits may vary based on a variety of factors including changes in legislation, plan amendments, and individual circumstances. Users should consult with a qualified financial advisor or pension specialist for personalized advice and to understand the implications of their retirement planning decisions.