| Years of Service |
|
| Average Compensation (Monthly) |
$
|
| Integrated with Social Security? |
|
| Estimated Pension Allowance (Monthly) |
$
|
Benefit Estimator Instructions
- Enter the gross amount of your bi-weekly salary. This step will calculate your final average monthly compensation. It is important to remember that your final average monthly compensation for retirement purposes will include many special pay items such as longevity pay, uniform allowance, availability pay, etc. Therefore, this unofficial estimate may not accurately reflect the actual amount of your monthly benefit at retirement.
- Enter your expected years of service at retirement. Please remember that any personal leaves of absence or any medical leaves of absence that have not been purchased will reduce your total years of retirement service credit.
- Click your employee type:
- General Tier I (GC 31676.17) - 3% @ 60 Hired prior to October 27, 2007 and Retired on or after January 1, 2005.
- General Tier II (GC 31676.01) - 1.62% @ 65 Hired on or after October 27, 2007.
- Safety (GC 31664.1) - 3% @ 50 effective January 1, 2002.
- Use the pull down menu to choose your expected age at retirement.
- The box marked Integrated with Social Security should be checked unless you are employed by a Special District that does not participate in Social Security.
- Click the Calculate Monthly Pension button. Your unofficial retirement benefit estimate will appear below.
Disclaimer
The Benefit Estimator is a tool to provide members with unofficial estimates of their monthly benefit at retirement. You will need to enter your own personal information in order to use the Benefit Estimator.
Calculations performed by the Benefit Estimator are not official KCERA estimates and KCERA cannot and will not be bound by the results of your use of the Estimator. In the event of a difference between the Benefit Estimator projection and the official KCERA benefit calculation in your case, KCERA's calculations will prevail. The benefit that you will receive at retirement is determined pursuant to the County Employees' Retirement Law of 1937 not all of which is currently captured in the on-line Benefits Estimator.
If you would like to receive an official estimate, please complete an Estimate Request Form and return to the KCERA office.
This site is intended for general purposes only. See disclaimer for terms and usage.
© 2001-2007 Kern County Employees'
Retirement Association. All Rights Reserved.
If you have comments about the KCERA website, please send to: webmaster@kcera.org.
|
|
