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 pensions that may be available to a member at retirement.   Any reliance on information obtained through this pensions 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 pension estimator.  Before making any final retirement plans, a member should contact an Office of Pensions pensions 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 pensions from the Office of Pensions, call 1-302-739-4208 or toll-free at 1-800-722-7300.

Bookmark and Share

 1   ESTIMATED CREDITED SERVICE
mini-calculator



Click '=' will auto-fill Compensation Amount

Compute your estimated monthly pension:
(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.

Please choose the nearest month or decimal in accordance
with your State of Delaware service.


Enter your credited service: Years Months
Enter your combined highest 60 consecutive months compensation**:   $

** 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.
 
 2   YOUR MONTHLY EARNINGS PENSION INFORMATION
CALCULATIONS ARE ESTIMATED
  • Monthly Final Average Earnings
  •   $ $ $ $
  • This is your calculation factor
  • Your estimated monthly pension 50% survivor option Your estimated monthly pension 66.67% survivor option Your estimated monthly pension 75% survivor option Your estimated monthly pension 100% survivor option
  • This is your credited number of years of service

  •  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 pension 50% survivor option Estimated reduced monthly pension 66.67% survivor option Estimated reduced monthly pension 75% survivor option Estimated reduced monthly pension 100% survivor option
    $
    This is your monthly reduction (months reduced X .004)
     
       

  • IF ACTUARIAL BUY-IN (1 year Buy-in amount)...
  •   $ $ $ $
    Select Age at Retirement- then click 'COMPUTE'
    Calculate
      Estimated monthly pension if electing 50% survivor option with buy-in Estimated monthly pension if electing 66% survivor option with buy-in Estimated monthly pension if electing 75% survivor option with buy-in Estimated monthly pension if electing 100% survivor option with buy-in
         Monthly Pension Increased by buy-in option:
    $
     
         Buy-in Cost:
    $
     
         Recoupment Period (No. of Years):
     
       

    This estimate is for illustrative purposes only. It is intended to assist with long-term financial planning. It is not a guarantee of pensions that may be available to a member at retirement. Any reliance on information obtained through this pensions 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 pension estimator. Before making any final retirement plans, a member should contact an Office of Pensions pensions 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 pensions from the Office of Pensions, call 1-302-739-4208 or toll-free at 1-800-722-7300.