The Benefit Calculator is intended as an educational tool only. Participants can use this tool to help develop personal retirement strategies or provide estimated financial information. This calculator allows participants to calculate an unofficial estimated projection of a pension benefit based on information entered. If any of the information entered differs from what pension fund records contain, the projection will not be accurate. A benefit calculation produced using the Benefit Calculator should not be relied on as confirmation of the accuracy of a final benefit calculation. The actual pension awarded from the pension fund must be calculated under the provisions of the applicable law in effect at the time of benefit.
The Benefit Calculator does not accommodate the calculation of dependent benefits or conversions from disability to retirement. Please contact the Illinois Department of Insurance Public Pension Division at DOI.Pension@Illinois.gov if you have questions regarding the calculation of dependent benefits or conversions.