You will be able to estimate a pension benefit based on the retirement eligibility criteria for your Group.
In addition to estimating a normal retirement pension benefit, you will be able to also estimate a retirement using Proportionate Service Credit and/or Seven Year Forward DROP.
The benefits calculator does not provide quotes for Group B benefits, service credit purchases, Retro DROP, or Five Year Forward DROP. For these types of estimates, please contact the System.
Although the Austin Police Retirement System makes every attempt to make sure that information provided by the benefits calculator is reliable, human or mechanical error remains a possibility. Therefore, the Austin Police Retirement System does not guarantee the accuracy or completeness of information provided by the calculator, and will not be responsible for any errors, or for the use of, or results obtained from use of the calculator. Please keep in mind that in determining your actual benefits, the official Plan provisions and Board policies will be applied to your situation. The estimates are not to be construed in anyway as a promise or contract with APRS to pay a specified pension benefit amount if your actual records or the terms of the Plan do not entitle you to that benefit nor does it guarantee a specific retirement eligibility date.
The calculator only uses the data that the user enters. It does not use individualized APRS or APD records. The benefits calculator does not retain any information entered or the results provided.
The operating system for the benefits calculator is based upon the official Plan provisions and Board policies, and are subject to changed based upon any changes within the official Plan or Board policy without notice.
Annuity amounts provided by the benefits calculator do include a Cost of Living Adjustment (COLA).
Members should consult with the System, an investment advisor, and tax professional prior to making any final decisions with respect to their APRS pension benefits.