The pension calculator will give members of the Massachusetts Employees' State Retirement System in groups 1, 2 or 4 an approximation of their retirement benefits.
The calculator now provides estimates for members of the State Employees Retirement System (1) who entered service before April 2, 2012; and (2) entered service on or after April 2, 2012.
If you are a member of the State Police Department, a judge, a correction officer seeking a "20/50" retirement, or would like an estimate for a Section 10(2) (termination allowance) or disability retirement, please contact the retirement board for more information.
Please note that actual pension amounts can ONLY be calculated at the time of retirement under M.G.L. c.32.
General Retirement Factors
Generally, retirement benefits are based on four factors:
- Your age
- Your years and months of creditable service
- For members entering service before April 2, 2012, please enter the average of your highest thirty-six consecutive months of annual regular compensation (base salary).
- For members entering service on or after April 2, 2012, please enter the average of your highest sixty consecutive months of annual regular compensation (base salary).
- Your group classification
Retirement Allowance Options
Option A - Full retirement allowance, all benefits stop upon your death.
Option B - Reduced (1-5% less than Option A) retirement allowance, beneficiary receives lump sum payment of the balance of your annuity upon your death.
Option C - Reduced (approximately 7-15% less than Option A) retirement allowance. However, this reduction could be greater depending on the age difference between you and your beneficiary. Upon your death, your designated beneficiary will be paid a monthly allowance for the remainder of his or her life. The survivor benefit will be equal to two-thirds of the allowance that was being paid to you at the time of your death.
Additional Resources for Retirement Allowance Options
The Massachusetts State Employees' Retirement System is not bound by estimates given by this estimate calculator.
The information and/or calculations displayed on this site do not necessarily reflect the actual amount of a member's retirement allowance. The results provided by this calculator are approximations and should not be considered as the final determination of a member's retirement benefit. They should not be relied upon for planning purposes.
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