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Online Calculators. The most accurate way to estimate your SERS pension is to contact your pension plan specialist. If you are within two years of retirement or if you are seriously considering your retirement, please call 1.800.633.5461. Custom SERS Pension Benefit Calculator.
- Basic Pension Formula
You are a SERS "AA" member, so your class of service...
- Basic Pension Formula
7 Δεκ 2018 · This calculator will produce estimates of retirement benefits calculated for all three plans based on the retirement date you enter and if you defer retirement until reaching age 67. It will also estimate the annual contributions you and your employer will make toward your retirement benefit based on the salary you enter.
Deferred comp accounts have certain tax advantages as outlined in Section 457(b) of the IRS tax code. The SERS board has contracted with Empower Retirement as the third-party administrator of this investment plan. Defer Your Leave Payout. According to the IRS, leave payouts are eligible for deferral into deferred comp accounts.
This PSERS member calculator will provide general, estimated potential benefit amounts under all basic retirement options using current and future dates for most full-time employees. Use of this calculator is for general information purposes.
The Deferred Compensation Program (DCP) is a special type of savings program that helps you invest for the retirement lifestyle you want to achieve—a lifestyle that might be hard to reach with just your pension and Social Security. DCP is an IRC Section 457 plan administered by the Washington State Department of Retirement Systems (DRS).
Online Calculators. Estimate your future retirement benefit or the federal tax withholding from your current pension payments.
The Defined Contribution (DC) component of your retirement is based on the amount of contributions made by you and your employer, the investment performance on those contributions, and the fees, costs, and expenses deducted from your PSERS DC Plan account.