Annuity Calculator
Annuity Calculator
Annuity
Estimates are for members who qualify for Tier I benefits. Please contact the office if you are unsure of your status.
Please be advised the minimum requirements to receive a monthly annuity are:
age 50 with a minimum of 30 years of service
age 55 with a minimum of 20 years of service
age 60 with any number of years of service at the time of resignation
However, if you are 60 or older with less than 10 years of service or under age 60 with less than 20 years of service, you will need to contact our office to obtain an estimate.
** Remember to use the salary rate for the highest four consecutive years
of your last 10.
* Please note this figure is a projection based in the information you provided.
* The result posted above is prior to any deductions(gross).
* Your use of this calculator has no binding effect on MEABF.
* Please note this figure is a projection based in the information you provided.
* The result posted above is prior to any deductions(gross).
* Your use of this calculator has no binding effect on MEABF.