WRS Calculator & Resources
WRS Benefit Consultant Tools
Unofficial Estimation & Planning Resources
1. Enter Data
3 Highest Earnings Years
Required for Joint Survivor estimates.
Estimated Monthly Benefit
$0.00
Based on Formula Method
Retirement Age:
Age Reduction:
Normal Ret. Age:
Formula Calculation
Money Purchase Calculation
Payment Options
For Annuitant's Life
Joint & Survivor
Accelerated Options (Before Age 62)
WRS Basics & Cheat Sheet
Quick reference for rules, multipliers, and vesting.
General / Teacher
Most school and municipal employees
Golden Rule (No Reduction)
Full benefits available immediately.
Standard Ages
Multipliers
Protective
Police, Fire, Corrections
Golden Rule (No Reduction)
Full benefits available immediately.
Standard Ages
Age 54 with SS / Age 53 without SS.
Multipliers (With SS)
Understanding Final Payment Options
Life Annuities
For Annuitant's Life Only
Provides the highest monthly payment. Payments stop immediately upon your death. No payout to beneficiaries.
Life with 60 Payments Guaranteed
Pays for your lifetime. If you die before receiving 60 payments (5 years), the remainder go to your beneficiary.
Life with 180 Payments Guaranteed
Pays for your lifetime. If you die before receiving 180 payments (15 years), the remainder go to your beneficiary.
Joint & Survivor Annuities
75% or 100% Continued to Named Survivor
Pays you for life. Upon your death, your named survivor receives either 75% or 100% of your monthly amount for the rest of their life.
Reduced 25% on Death
Pays the full amount while both you and your survivor are alive. Upon the death of EITHER person, the survivor receives 75% of the amount.
100% Continued with 180 Payments
Pays 100% to survivor upon your death. If BOTH die before 180 payments, the remainder goes to a beneficiary.
Age Reduction Factors
Factors used to reduce benefits for early retirement.