The Self-insured pensioner calculator is an online tool that provides you with a rough estimate of your retirement benefit based on your earnings today. The tool is designed to estimate Defined Benefit and Cash Balance Plan pension deductions. This program is also capable of estimating disability and survivor benefits. This program can also be used to estimate the impact of the Windfall Elimination Provision (WEP) on Social Security benefits.
The calculator allows you to change a variety of variables, such as your retirement age and the number of years of service, to see how it affects your pension income. It also allows you to see how increasing contributions or changing the tax-free lump sum option could affect your yearly income.
We use the Milliman Actuarial Retirement Calculator (MARC) to calculate your benefits. MARC is developed, supported and continuously enhanced by a team of highly experienced Milliman actuaries, retirement plan consultants and systems analysts.
The accuracy of this calculator’s calculations, results and explanations may vary due to user input and assumptions. The calculator is provided for information purposes only and is not intended to provide investment, legal, tax or accounting advice, nor does it suggest any particular product or service. Please consult your financial planner, attorney or tax advisor for professional guidance. Калкулатор самоосигуряващо се лице пенсионер