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Retirement estimator

Pension & DROP estimator

Estimate a monthly pension and DROP balance using service, final average compensation, multiplier, cap, and DROP term.

DROP

Build a retirement scenario

Live results
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How this sample is calculated +

Sample values only. A client estimator uses the controlling plan documents.

  • Annual pension equals final average compensation × the lesser of service × multiplier or the selected cap, then applies any simplified survivor reduction.
  • The projected DROP balance assumes the monthly pension is deposited at month-end and earns the selected nominal rate compounded monthly.
  • The COLA line shows one simplified first-year amount and is not added to DROP.
  • A real build must be reconciled against official plan examples and reviewed by the plan/local before member use.
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Sample only. A client estimator must be reconciled to official plan examples. The governing retirement plan controls all eligibility and benefit determinations.