Jupid
Retirement Planning Tool

Pension Calculator

Estimate your pension benefits based on years of service, salary, and benefit formula. Plan your retirement income with or without Social Security.

Pension Details

Based on highest 3 years

Per year of service

Your Pension Estimate

Monthly Pension

$3,333

$40,000/year

Total with SS

$5,333

Excellent

Pension Calculation

25 years × 2% × $80,000$40,000/year
Adjusted Pension$40,000/year
Social Security (estimate)+$24,000/year
Total Retirement Income$64,000/year

Pension Only

50%

replacement

With SS

80%

replacement

Lump Sum Equiv.

$1.0M

at 4% rule

COLA Projections (2%/year)

After 10 years:

$4,063/month

After 20 years:

$4,953/month

Pension Formula:

25 years × 2% × $80,000 = $40,000

Common Pension Formulas

Federal FERS

1% - 1.1%

High-3 average salary

State/Local Gov

1.5% - 2.5%

Varies by state

Teachers

2% - 2.5%

Final avg salary

Military

2% - 2.5%

High-3 or blended

Frequently Asked Questions

Official References

Learn more about pensions and retirement planning:

This calculator provides estimates based on common pension formulas. Contact your plan administrator for exact benefits.

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