MainePERS Benefit Estimator

Terms of Use

The MainePERS Benefit Estimator is provided to allow you to project service retirement benefits in a regular (non-special) retirement plan and to aid in long-term planning. Determining a final retirement benefit can be a complicated task, influenced by many factors and variables, including plan requirements and the benefit option you select.

Another variable is whether you choose early retirement (retirement before Normal Retirement Age) with a corresponding reduction in benefit. This calculator uses factors for approximating early retirement reductions that apply to the vast majority of members. However, the early retirement factors for Participating Local District (PLD) members with less than 20 years of consolidated PLD service on July 1, 2019 require a slightly different calculation. This may result in an overstatement of estimated benefit for these PLD members when projecting an early retirement benefit.

Please note, if your benefit will include service under more than one MainePERS plan, you will need to make two separate calculations and combine the results.

Estimator results are based on the information you provide and are non-binding. The results are an estimate of the annual and monthly service retirement benefit of a regular plan member under the Full Benefit Option. This estimator does not verify eligibility. It cannot replace MainePERS’ actual calculation of benefits when you retire. To request a formal benefit estimate, including amounts for each available payment option, contact MainePERS within a year of your retirement date. Please see the applicable member handbook for more information about your plan requirements and benefit options.

Normal Retirement Age (NRA)

NRA 60

Participating Local District (PLD) members whose first membership was on/before June 30, 2014.
State Employees, Legislators, Judges and Teacher members with at least 10 years before July 1, 1993.

NRA 62

State Employees, Legislators, Judges and Teacher members with less than 10 years on July 1, 1993, but 5 or more years on July 1, 2011.

NRA 65

Participating Local District (PLD) members whose first MainePERS membership is on/after July 1, 2014.
State Employees, Legislators, Judges and Teacher members with less than 5 years on July 1, 2011.