Calculating Your Retirement Benefit

Judges retirement benefits are calculated using the following formula:

Final average salary  x  statutory multiplier  x  years of service  =  annual benefit at normal retirement age
Example: $85,000  x  3.5%  x  20  =  $59, 500 annual benefit

The maximum retirement benefit is 70 percent of your final average salary.

Final Average Salary
Your final average salary is an average of any three of your last ten years of service as a judge.

Statutory Multiplier

If Your Membership Date Is Before July 1, 1987
A statutory multiplier of 5 percent is used for up to ten years of service credit.
Additional service credit over ten years is calculated at 3.5 percent.

If Your Membership Date Is on or After July 1, 1987
A statutory multiplier of 3.5 percent is used for calculating your retirement benefit.

Estimate Your Benefit
You can calculate your own estimate with the Judges benefit calculator. Simply enter your own information from your Retirement System annual statement.