This tool is intended to assist you in determining the disbursement
options that would be available when you retire your IAP account based
on the data that you input.
Disbursement options are monthly, quarterly or annually payments
over a 5, 10, 15 or 20 year period as well as a one-time total lump
sum disbursement. This tool does not calculate the Anticipated Life
The tool adds employee contributions and earnings up to the end of
the Last Work Year you select.
It adds earnings up to the end of
the Retirement Year you select.
The disbursement amounts and available options that are generated
reflect the Annual Earnings Rate that you enter.
payments will vary from year to year depending on the actual earnings
rates in the future.
The tool may modify the Effective Retirement Year so it is not
earlier than the Last Work Year.
PERS is not bound by figures produced by this program.
representations or guarantees are made on the accuracy of the
calculation or projections.
Your IAP account is subject to
earnings or losses based on the performance of the IAP fund.