This calculator is not financial advice and is solely intended to educate SEIU members' about their retirement plans. The assumptions about wage growth and inflation are based on estimates taken from the agency that operates our retirement plans, PERS, and may return higher results than real-life outcomes. If you have questions, please email pers@seiu503.org. Thank you.

Calculate your benefits

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ANNUAL PER PAY PERIOD
$
ANNUAL
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Note: Your approximate years of service cannot exceed your age.

You can find this on your annual statement, it’s called “years of total retirement credit”

Tier 1 Tier 2 OPSRP
Tier 1: You are Tier 1 if you were hired in PERS covered employment prior to January 1, 1996 Tier 2: You are Tier 2 if you were hired in PERS covered employment on or after January 1, 1996 and before Aug 29 2003 OPSRP: You are OPSRP if you were hired in PERS covered employment on or after to August 29, 2003
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Tier One = Hired before 1996

Tier Two = Hired 1996 - August 28, 2003

OPSRP = Hired after August 28, 2003

$
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You can find your December 31, 2018 IAP balance at the bottom of your Member Annual Statement. If you are Tier 1 or Tier 2, please note your IAP balance is NOT the Tier 1 or Tier 2 Account Balance shown in the middle of your statement.

If you are Tier 1 or Tier 2, please note your IAP balance is NOT the Tier 1 or Tier 2 Account Balance shown in the middle of your statement.

Note: You may not be eligible for full retirement benefits at this age given the information input above
Vested Tier 1 members are eligible for retirement at any age with 30 years of service, or age 58 Vested Tier 2 members are eligible for retirement at any age with 30 years of service, or age 60 Vested OPSRP members are eligible for retirement at age 58 with 30 years of service, or age 65
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Vested Tier 1 members are eligible for retirement at any age with 30 years of service, or age 58

Vested Tier 2 members are eligible for retirement at any age with 30 years of service, or age 60

Vested OPSRP members are eligible for retirement at age 58 with 30 years of service, or age 65

Beginning June 1, 2020, 0.75% of OPSRP member IAP contributions and 2.5% of Tier 1 and 2 member IAP contributions will be redirected into a Pension Savings Account in order to pay down PERS pension debt.

Members will be given the option to pay and additional 0.75% or 2.5% of salary in order to offset the redirection of these funds. Please select your anticipated future IAP contribution rate above. For more information, click here.

Your report:

OFF ON
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ANNUALLY

PER PAY PERIOD

Before 2019 legislation

$
$

After 2019 legislation

$
$

ANNUALLY

PER PAY PERIOD

Before 2019 legislation

$
$

After 2019 legislation

$
$

TOTAL VALUE

Before 2019 legislation

$

After 2019 legislation

$
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Note: In order to become vested in your pension, you must have completed at least 600 hours of service in each of five calendar years
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ANNUALLY

$

PER PAY PERIOD

$

ANNUALLY

$

PER PAY PERIOD

$
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Zip code required.
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