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Pension Estimate Calculator now available on your Member Services account. More information Pension Estimate Calculator Training Video
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.
If you retire before age 60 with a reduced retirement benefit, you will receive a 3% pension increase every January 1 after you turn age 60 and have been retired at least one full year. These pension increases are not limited by the 75% maximum.
Retirement with SERS is a matter of eligibility . You must meet one of the age and service credit combinations to be eligible for a monthly, lifetime pension .
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.
Here we take a look over the Illinois retirement system, including the different plans, programs and taxes that are involved in the state...
SERS provides retirement benefits for state employees. The system provides a defined benefit (DB) pension, a retirement plan that typically offers a modest but stable monthly retirement