Disclaimer for Retirement Calculator
The PRTB-FERP Retirement Benefits Calculator allows you to enter data to calculate an unofficial projection of your CSU salary and CalPERS retirement benefits. This calculator is intended to provide an estimated projection only. It is not intended, and should not be taken as an official estimate, nor should it be relied upon as a calculation of the exact amount of your CSU salary and/or CalPERS retirement benefits. You should use this calculator as a tool to understand your PRTB-FERP and CalPERS benefits as a portion of your income. But, there is no guarantee that you will receive these amounts . The information on your most recent Statement of Benefits may be helpful in determining the data to enter for your benefit projection. If you are seriously considering retiring within one year, please contact CalPERS for an official estimate.
- Uses the data you input and does not compare that data against your actual CalPERS account.
- Is not connected to the actual CalPERS data base, which stores the data pertinent to your actual account.
- Only provides a service retirement benefit estimate if the age at retirement and service credit data that you entered meets CSU and CalPERS eligibility for program participation and service retirement benefits.
- Does not calculate an exact accurate calculation because of certain variables such as leaves (sick, vacation, unpaid, etc.) and Social Security.
The actual CalPERS benefit that you receive when you retire must be calculated under the provisions of the laws and regulations of the State of California in effect at the time of your retirement.
I have read this disclaimer and I am ready to do a calculation.