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1. ilsrs.illinois.gov › sers › tier-1Tier 1 Regular Retirement Formula - Illinois

   ilsrs.illinois.gov › sers › tier-1

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   Your Retirement Benefit. Your retirement benefit is based on final average compensation and credited service. The benefit maximum is 75% of final average compensation. Final Average Compensation. Final average compensation is the 48 highest consecutive months of service within the last 120 months of service. Reduced Retirement Benefit.

2. ilsrs.illinois.gov › sers › calculatorsCalculators - Illinois

   ilsrs.illinois.gov › sers › calculators

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   Social Security Benefit Estimate Calculator; Service Credit Calculator; Sick Leave and Vacation Chart; Pension Estimate Calculator Training Video

3. www.illinois.gov › services › serviceState Employees Pension Calculators - Illinois.gov

   www.illinois.gov › services › service

   State Employees Pension Calculators. SERS: SERS is a $15.6 billion public employee retirement system, serving over 158,000 members and beneficiaries of the states’ agencies and boards.

4. ilsrs.illinois.gov › sers › resourcesForms - Illinois

   ilsrs.illinois.gov › sers › resources

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   Forms regarding your SERS account can be found on your member services account under "Forms & Applications". Contact your Retirement Coordinator (RC) if you need assistance with any form. Your RC's name and phone number can be found on your Annual Statement.

5. pocketsense.com › calculate-illinois-state-retirement-7247115How to Calculate Illinois State Retirement - PocketSense

   pocketsense.com › calculate-illinois-state-retirement-7247115

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   9 Ιουλ 2021 · The Illinois state retirement system offers an Illinois state retirement calculator that will help you determine your benefit amount. To use the calculator, you must know your hire date, retire date, annual salary, reciprocity type, unpaid break days and the effective date of the benefit.

6. smartasset.com › retirement › illinois-retirement-systemIllinois Retirement System | Pension Info, Taxes, Financial...

   smartasset.com › retirement › illinois-retirement-system

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   Here we take a look over the Illinois retirement system, including the different plans, programs and taxes that are involved in the state...

7. cdn.ymaws.com › resmgr › 2023_spring_handouts2021 Service Retirement Guide - cdn.ymaws.com

   cdn.ymaws.com › resmgr › 2023_spring_handouts

   SERS offers two types of service retirement: unreduced service retirement and early service retirement with reduced benefits. Unreduced Service Retirement For unreduced service retirement, you will earn the maximum pension amount based on your service