State of Delaware - Calculator - Revised Judicial, PAGE 2

REVISED JUDICIAL CALCULATOR - PAGE 2

1 ESTIMATED CREDITED SERVICE

Compute your estimated monthly benefit:

if you were appointed before July 1, 1980, use both calculators on this page - your monthly payable pension benefit shall be the greater of the two

if you were appointed on or after July 1, 1980 click here and use the calculator on the preceding page

Helpful Hint:
Do not use commas in the combined highest 3 year compensation field. For example, type 100000 instead of 100,000.

Enter your credited service up to and including 12 years:
Years Months

Enter the additional credited service above and beyond 12, but not to exceed 24 total years.
Years Months

COMBINED HIGHEST 3 YEAR COMPENSATION:
$

Click '=' will auto-fill Compensation Amount

mini-calculator

c CLEAR = TOTAL

2 YOUR MONTHLY EARNINGS BENEFIT INFORMATION •CALCULATIONS ARE ESTIMATED

This is your calculation factor for any and all years of service above 12 and not greater than 24 (monthly Final Average Earnings x 2.08%)
Monthly Final Average Earnings	$	$
This is your calculation factor for your first 12 years of service (monthly Final Average Earnings x 4.16%)	Your estimated monthly benefit	Your estimated monthly benefit if electing two-thirds survivor option.
This is your credited number of years of service up to 12
This is your credited number of years of service above 12
Your total creditable compensation is the total compensation paid to you during the three periods of 12 consecutive months during which your compensation was the highest.

3 ADDITIONAL MONTHLY EARNINGS BENEFIT INFORMATION •CALCULATIONS ARE ESTIMATED

This is your calculation factor (monthly average X 3.0%)
This is your monthly Final Average Earnings
This is your estimated monthly benefit - OR
If calculated monthly benefit is less than this amount, then you will receive this amount instead of the calculated benefit - OR
If calculated monthly benefit exceeds this amount, then you will receive this amount instead of the calculated benefit - OR
If the calculated monthly benefit from the calculator at the top of this page is greater you will receive this amount
Your total creditable compensation is the total compensation paid to you during the three periods of 12 consecutive months during which your compensation was the highest.

* Your Final Average Compensation is the total compensation paid to you during the three periods of 12 consecutive months during which your compensation was the highest. This figure is divided by 36 to yield your Average Monthly Compensation

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: Tuesday, 27-Oct-2009 14:16:52 EDT

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REVISED JUDICIAL CALCULATOR - PAGE 2