Pension benefit estimate

Multiply years × benefit formula × final average pay for an educational annual benefit.

This simple pension formula is for retirement income planning and can inform what to do after retirement if a defined-benefit check is part of the mix.

Labels the illustrated state and tax-year pack. This tool’s numbers do not change with state income tax. Medicare, HSA, 401(k), and RMD rules stay federal.

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Nothing is saved. Leaving this page restores the example.

Example report

Illustrated results

Estimated annual pension

$33,750

Estimated monthly pension

$2,813

Years of service

25

Benefit formula

25 × 1.5% × pay

Assumptions

  • This is a high-level years × multiplier × final average pay illustration.
  • Actual pension plans may use career-average pay, offsets, early-retirement reductions, or joint-survivor options.
  • Rule year 2026: IRS federal income tax (2026-rev-proc-2025-32) and California state rules (2026-enacted-v1; progressive income tax). Medicare IRMAA, HSA, 401(k), and RMD tables are federal.

Educational planning software—not investment, tax, legal, Medicare, or Social Security advice. Projections depend on your inputs and assumptions. Optional professional review is separate when available.

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