Use PERA Calculators to Plan for Retirement
A PERA monthly benefit may not be enough to cover all retirement expenses like health care, inflation, and travel. To estimate your monthly PERA benefit and determine if you need to save more for retirement, you can use the “Monthly Retirement Benefit” calculator in your secure member account.
To access the “Monthly Retirement Benefit” calculator:
- Use your User ID and password to log in to your PERA account.
- Select “Calculators” from the left-side menu of the home page.
- Navigate to the “Retirement Planning” tab from the top of the page.
- Select the “Monthly Retirement Benefit” calculator.
The “Monthly Retirement Benefit” calculator allows you to estimate your monthly PERA benefit in retirement based on different scenarios. You can adjust your retirement date, Highest Average Salary (HAS), the amount of service credit you purchased, and whether you have a cobeneficiary or not to see the effect it has on your estimated benefit.
