Online Calculators

Retirement Incentive Plan Cost
This calculator estimates the cost of purchasing retirement incentive credit. The cost factors used are effective July 1, 2009. All fields in this calculator are required and must be complete before an estimate can be provided. Calculated costs will display for the number of years that could be purchased based on the member's age and credit.

Get further instructions for this calculator.

     
1. Enter the member's total years of service credit at retirement excluding retirement incentive:
 
2. Enter the member's annual salary for early retirement incentive cost:
$
3. Enter the member's age at retirement:
 

  

Disclaimer: For teachers retiring on or after July 1, 2009, new cost factors are effective. Contact the Employer Reporting Department toll-free at 1-888-535-4050 if you have any questions.

STRS Ohio is created and governed by Chapter 3307 of the Ohio Revised Code. The estimates presented on this site are provided as a convenience to employers, but are not intended to provide complete information about the laws that create STRS Ohio or about rights and benefits under STRS Ohio. For more complete or specific information, refer to Chapter 3307 of the Ohio Revised Code or contact STRS Ohio at 1-888-535-4050.

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