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Pension Calculator

Estimate a defined-benefit pension. Free, private, and runs entirely in your browser.

Enter values and press Calculate to see the result here.

How this is calculated

A common defined-benefit formula multiplies years of service by an accrual rate and final salary.

Formula

Pension = Years × Accrual % × Final salary

Frequently asked questions

Does every plan use this formula? No, check your plan document for exact terms.

Is it adjusted for inflation? Only if your plan includes a cost-of-living adjustment.

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