MWRA RETIREMENT SYSTEM

Retirement Allowance Calculator

This form calculates retirement allowance under Option A.
OPTION (A): The retirement allowance under this Option is the largest possible and all payments cease upon your death. No benefits will be provided for any survivors.
This form should make your calculations easier*:

 

Enter your age at retirement (in years) Enter your average annual rate of regular compensation
Enter your amount of Creditable Service (in years) Select your veteran status**
Gross Allowance per Month
Notes

 
 

*If you are eligible for retirement, calculations involving Option B and Option C are available by appointment through your retirement office.

** If you are a veteran, as defined in section one of chapter 32, you will receive $15 a year extra for every year or fraction thereof of creditable service, up to a maximum additional benefit of $300 a year.

Veterans who have completed ten years of membership service may be entitled to purchace creditable service for military service rendered before becoming public employees or while on leave from public service.

ALL RETIREMENT CALCULATIONS ARE ESTIMATES
UNTIL FINAL APPROVAL BY PERAC