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NEW STATE POLICE CALCULATOR

 1       ESTIMATED CREDITED SERVICE

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

Amount of Ordinary Service Compensation:
Your monthly benefit is the sum of 2.5% of your Final Average Compensation multiplied by up to 20 years of credited service under the New State Police Plan inclusive, plus 3.5% of your Final Average Compensation multiplied by all years of service exceeding 20 under the New State Police Plan.

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 20 years:
Years Months

Enter the additional credited service above and beyond 20.
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
  • Monthly Final Average Earnings
    		•    $
  • Calculation factor (Average Monthly Compensation x 2.5%) for your first 20 years
         of credited service
    		•  Your estimated monthly benefit
  • Calculation factor (Average Monthly Compensation x 3.5%) for your first years of credited service above and beyond 20
    		•
  • Credited number years of service of credited service above and beyond 20
    		•
  • Credited number years service above and beyond 20
    		•

    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 14:03:03 EDT
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