Retirement Planner

Introduction

Deciding to retire is a milestone in one's life that requires careful thought and planning. The OPERS Retirement Planner is designed to assist you with the two key components of your OPERS retirement decision: your estimated monthly pension payment and your estimated monthly cost for OPERS health care. With just a few dates and numbers, the Planner can assist you in evaluating the best time for you to retire. The Planner will show you a pension and health care comparison between retiring now or continuing to work.

The information presented in this Planner is based on the data an individual provides and may not reflect a member's actual future retirement benefit or health care eligibility and allowance based on the member’s OPERS personal history record. This Retirement Planner is to assist members in planning their future retirement with effective dates through 1/1/2023. It reflects information that is accurate only for the date this tool is utilized. This information is not a promise, guarantee, contract, or vested right to access to health care coverage or a premium allowance in the future. The OPERS Board has the discretion to review, rescind, modify or change the health care plan at any time.
The retirement income amounts shown reflect the selection of a single life annuity.
The Planner does not reflect benefit reductions or limitations required by law or taxes.