Estimating your MTRS retirement benefits 3
Massachusetts Teachers’ Retirement System
Step 1 > Step 2 > Step 3
Step 3: Enter your retirement data
Remember—this tool is to provide you with an estimate of your retirement benefits. For the
purposes of this estimator, please enter your best estimates of your number of years of
creditable service (Lines 5 and 6) and salary average (Line
7). The MTRS will verify your
actual service and salary figures when you retire, but we will not know the final numbers
until after we have received and reviewed your completed retirement application.
An asterisk (*) indicates that you must provide data in that field.
1) ENTER your projected date of retirement* . . . . . . .
mm/dd/yyyy
2) SELECT your age on your
projected date of retirement* . . . . . . . . . . . . . . . . .
This field also shows your retirement age factor.
3) Are you a military veteran?*. . . . . . . . . . . . . . . . . . Yes No
4) Are you participating in RetirementPlus?* . . . . . . . . Yes No
5) ENTER your estimated total number of y
ears of
creditable service, including any purchased
service, as of your projected date of retirement*
(for example, 21.0, 33.6). . . . . . . . . . . . . . . . . . . . years
6) If you ha
ve any past creditable service that you
may be eligible to purchase, ENTER the possible
total number of y
ears of service you may purchase
(for example, 1.5, 8.0) . . . . . . . . . . . . . . . . . . . . . years
7) ENTER your estimated three-
y
ear salary aver
age
on your date of retirement*
(omit $ sign, commas and decimals;
for example, 46000 or 105900) . . . . . . . . . . . . . . .
8) OPTIONAL: If y
ou
are interested in
estimating your
benefits under
Option C
, please
SELECT the ONE circle
where the factor for
your age and your
beneficiary’s age—
on your birthda
ys
that are closest to
your date of
retirement—intersect.
Reminder: Your Option
C beneficiary must be
your spouse, child,
sibling, parent or former
spouse who has not
remarried.
Member’s age
Beneficiary’s age
68
67
66
65
64
63
62
61
60
59
58
57
56
55
54
53
52
51
50
50 51 52 53 54 55 56 57 58 59 60 61 62 6
3
6
4
6
5 66 67 68 69
REMINDER: If your
total years of
creditable service on
your projected date of
retirement is LESS
than 20 years, please
remember that, in
order to be eligible to
retire with LESS than
20 years of service,
you must be at least
age 55 and you must
have at least 10 years
of creditable service.
