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.

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 1  ESTIMATED CREDITED SERVICE

Compute your estimated monthly pension:
Your pension amount is primarily based on your years of credited service and your Final Average Compensation*.

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Click '=' will auto-fill Compensation Amount

Amount of Ordinary Service Compensation:
Your monthly pension is the sum of 2.5% of your Final Average Compensation multiplied by up to 20 years of credited service under the County Municipal (Police/Firefighter) Plan inclusive, plus 3.5% of your Final Average Compensation multiplied by all years of service exceeding 20 under the County Municipal (Police/Firefighter) Plan.

Helpful Hint:
Do not use commas in the combined highest 3 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 up to and including 20 years: Years Months
Enter the additional credited service above and beyond 20. Years Months
COMBINED HIGHEST 3 YEAR COMPENSATION:    $

Your total creditable compensation is the total compensation paid to you during any period of 36 consecutive months during which your compensation was highest.
 
 2  YOUR MONTHLY EARNINGS PENSION INFORMATION
CALCULATIONS ARE ESTIMATED
  • Monthly Final Average Earnings
  •   $ $ $ $
  • Calculation factor (Average Monthly Compensation x 2.5%) for your first 20 years of credited service
  • estimated monthly pension if electing 50% survivor option. estimated monthly pension if electing 66.67% survivor option. estimated monthly pension if electing 75% survivor option. estimated monthly pension if electing 100% survivor option.
  • Calculation factor (Average Monthly Compensation x 3.5%) for your first years of credited service beyond 20
  • Credited number years of service of credited service above and beyond 20
  • Credited number years service above and beyond 20

  • * Your Final Average Compensation shall mean 1/36 of the compensation paid to an employee during any period of 36 consecutive months for services rendered during those 36 months, in the years of credited service in which the compensation was highest. The pension is calculated based on the highest 36 consecutive months.
  • IF ACTUARIAL BUY-IN (1 year Buy-in amount)...
  •   $ $ $ $
    Select Age at Retirement- then click 'COMPUTE'
    Calculate with After Years of Service
      Estimated monthly pension if electing 50% survivor option with buy-in Estimated monthly pension if electing 66.67% 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.