Education Calculators

Estimate your pension

Your online account offers a calculator that lets you estimate your pension benefit at retirement. To get started, log in and select "Benefit Estimator."



Increase your savings

Thinking about saving more with DCP? The Deferred Compensation Program has these calculators available:


Plan 3 members

For the investment part you contribute to, Plan 3 has a few calculators to make decision-making easier.

More calculators

Plan choice calculator: Are you a new PERS, SERS or TRS member choosing a plan? This calculator offers a financial comparison for Plans 2 and 3.

Buy Back calculator: Increase your service credit or public education experience. Estimate your cost to:

  • Restore withdrawn service credit past the deadline
  • Purchase optional service credit past the deadline
  • Purchase public education experience service credit (TRS Plans 2 and 3)

Plan 1 Optional COLA calculator: PERS and TRS Plan 1 members use this Excel calculator to compare your benefit with and without the optional COLA.

Withholding calculators: Nearing retirement? There is an IRS withholding calculator available through your online account. If you do not have an online account, DRS has another withholding calculator available to you. You might want to speak with your tax advisor or the IRS if you have questions about your tax withholding.

Life expectancy: This calculator uses Life Expectancy tables from IRS publication 590.

Your retirement lifestyle calculator: What kind of income will you need in retirement? This calculator can help you estimate the percent of your current income you'll need.

Withdrawals in retirement: This calculator helps you estimate the impact withdrawals will have on your savings.

Minimum required distributions: This calculator can help you understand more about when you'll be required to start withdrawing from your retirment savings.

EBRI Ballpark E$timate calculator: This calculator from the Employee Benefit Research Institute is an interactive tool to help you identify how much you need to save to fund a comfortable retirement.

Social Security Retirement Estimator: This calculator from Social Security provides you with payment estimates based on your actual Social Security earnings record.