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REVISED JUDICIAL CALCULATOR 2

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. 

Estimated Credited Service

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

Enter your combined highest 3 year compensation* - then click "Compute". $
This is your monthly Final Average Earnings $
This is your calculation factor for your first 12 years of service (monthly Final Average Earnings X 4.16%)
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%)
This is your credited service up to 12 years  
This is your credited service above 12 years
This is your estimated monthly benefit $
This is your estimated monthly benefit if you elect the two-thirds survivor benefit. $

Note:  If you are experiencing problems with this calculator, please use Internet Explorer

OR

This is your monthly Final Average Earnings $
This is your calculation factor (monthly average X 3.0%)
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.

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: Friday, 28-Mar-2008 10:24:45 EDT
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