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Retirement Calculator 

  If you are retiring within the current school year, you must have a staff prepared estimate in order to attend f you are retiring within the current school year, you must have a staff prepared estimate in order to attend Exit Counseling. You can request a staff prepared retirement estimate by submitting a Request for Retirement Estimate (PDF).            

 

Need an Estimate of your Retirement Benefit?

  

You can create your own personalized retirement estimates through the PSERS Member Self-Service (MSS) Portal. By using the estimate calculator in your MSS account, the most recent information reported by your employer is automatically entered in the relevant fields. PSERS has created a how-to video that guides you through the process of creating a retirement estimate on the MSS Portal.

 
To register for a MSS account, click on “Member Self-Service” on the homepage of the PSERS website.  You will need your PSERS ID, date of birth, social security number, and a valid email address.
 
If unable to access your MSS account, you may also create a PSERS retirement estimate using the estimate calculator on the PSERS website.  This calculator does not pull from your specific account data and requires you to fill out your information using your most recent PSERS Statement of Account. To you use the retirement calculator you must have the pop-up blocker disabled on your browser.
 

If you are vested (eligible for a monthly benefit) but are not presently working for a PA public school, you must use the estimator in the MSS Portal or acquire a staff-prepared estimate.

 

If you are retiring within the next 12 months, you must have a staff-prepared estimate in order to attend Exit Counseling. You can request a staff-prepared retirement estimate by submitting a Request for Retirement Estimate (PSRS-151) form.

 

When not to use the Online Estimate Calculator:

 
If you are retiring within the next 12 months, instead of an online estimate, you must have a staff-prepared estimate in order to attend Exit Counseling.
 
In addition, some members should not use the online retirement estimate calculator. These include members who:
 
·         Have a frozen annuity (you previously received a monthly benefit from PSERS)
·         Are considering disability benefits within the next 12 months
·         Are a multiple service member (combined State Employees’ Retirement System (SERS) covered employment with PSERS employment) and considering retirement within the next 24 months
 
If you fall within these categories, you may submit a Request for Retirement Estimate (PSRS-151) form to request that PSERS create an estimate for you. 
 

Ready to Retire?

  Within 12 months of your retirement, you should:
 
 o  Attend a Foundations for Your Future program. You can find a complete schedule on our website under “Top Pages”.
 o  Request a retirement estimate by submitting a Request for Retirement Estimate (PSRS-151) form.
 o  Schedule an Exit Counseling session by contacting your nearest PSERS regional office. Don’t wait until the last minute to schedule a session or pass up your chance to attend. It may prevent you from making a mistake that will forever negatively affect your retirement benefit.
 o  Attend your Exit Counseling session. Bring your staff-prepared estimate and any other applicable paperwork (ex. completed Direct Rollover form).
  
Your final step? Enjoy your retirement.
 
You deserve it!