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COUNTY MUNICIPAL (GENERAL) CALCULATOR

 1       ESTIMATED CREDITED SERVICE

Compute your estimated monthly benefit:
(If you are thinking about early retirement use the top calculator and then use the bottom calculator)

Helpful Hint:
Do not use commas in the combined highest 5 year compensation field. For example, type 100000 instead of 100,000.

See Limitation Note below*.  

Enter your credited service:
Years Months


Enter your combined highest 60 consecutive months compensation**:
   $

  Click '=' will auto-fill Compensation Amount
mini-calculator



c  CLEAR =  TOTAL

 2       YOUR MONTHLY EARNINGS BENEFIT INFORMATION
•CALCULATIONS ARE ESTIMATED
  • Monthly Final Average Earnings
    		•    $
  • This is your calculation factor (Final Average Earnings X 1.66%)
    		•  Your estimated monthly benefit
  • This is your credited number of years of service
    		•

    ** Final Average Earnings means the average of the your earnings during any 5 periods of 12 consecutive months with the Employer that produce the highest average.

     3      ADDITIONAL CALCULATOR
    •CALCULATIONS ARE ESTIMATED
      NOTE:  You must perform calculation in Step #1 first for the additional calculators to work properly.
  • IF EARLY RETIREMENT...
    		•    $
        Enter number of months reduced- then click 'COMPUTE'
    		  Estimated reduced monthly benefit
        
    $
    This is your monthly reduction (months reduced X .004)    		  
       

    This estimate is for illustrative purposes only.  Estimated calculations have been rounded to two digits.  It is intended to assist with long-term financial planning.   It is not a guarantee of benefits that may be available to a member at retirement.   Any reliance on information obtained through this benefits estimator must be done solely at the user's own risk. 

    No decisions should be made regarding actual retirement choices based in whole or in part upon information obtained through this benefit estimator.  Before making any final retirement plans, a member should contact an Office of Pensions benefits counselor.  Nothing in this estimate is meant to extend or change in anyway the provisions expressed in the Plan.  If there is a conflict between this calculation and the Plan, the Plan controls.  All member accounts are subject to final audit.  To obtain an estimate of benefits from the Office of Pensions, call 1-302-739-4208 or toll-free at 1-800-722-7300.

    Last Updated: Thursday, 03-Dec-2009 12:53:59 EST
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