Pension Calculator
Estimate your pension benefits using the formula: Years of Service x Multiplier x Final Average Salary. Includes COLA projections.
20-Year COLA Projection
| Year | Age | Monthly |
|---|---|---|
| 1 | 61 | $3,542 |
| 2 | 62 | $3,613 |
| 3 | 63 | $3,685 |
| 4 | 64 | $3,758 |
| 5 | 65 | $3,834 |
| 6 | 66 | $3,910 |
| 7 | 67 | $3,988 |
| 8 | 68 | $4,068 |
| 9 | 69 | $4,150 |
| 10 | 70 | $4,233 |
| 11 | 71 | $4,317 |
| 12 | 72 | $4,404 |
| 13 | 73 | $4,492 |
| 14 | 74 | $4,582 |
| 15 | 75 | $4,673 |
| 16 | 76 | $4,767 |
| 17 | 77 | $4,862 |
| 18 | 78 | $4,959 |
| 19 | 79 | $5,058 |
| 20 | 80 | $5,160 |
How It Works
- Enter years of service and final average salary.
- Set the pension multiplier (typically 1.5-2.5%).
- Adjust COLA and survivor benefit options.
Some links on this page are affiliate links. If you click and make a purchase, we may earn a commission at no extra cost to you.
Disclaimer:This tool is provided “as is” for informational and educational purposes only. Results may not be 100% accurate. ToolBird makes no warranties, express or implied, regarding the accuracy, reliability, or completeness of any output generated by this tool. This tool does not constitute professional, legal, financial, medical, or tax advice. Always consult a qualified professional for important decisions. By using this tool, you agree that ToolBird and its operators shall not be held liable for any damages, losses, or consequences arising from the use of this tool or reliance on its results. All processing occurs in your browser — we do not store, transmit, or access your data. Use at your own risk.