Hawaii · Free tool
Hawaii ERS Retirement Calculator
The Hawaii Employees' Retirement System (ERS) calculates a pension as 1.75% multiplied by your average final compensation multiplied by your years of service. Enter your numbers below for an estimate.
Enter your numbers. The percentage is pre-filled with the 1.75% ERS multiplier; adjust it for your tier or service level.
ERS uses a 1.75% multiplier on your average final compensation (the average of your highest five years). Early retirement before your normal retirement age reduces the benefit. Confirm with Hawaii ERS.
Your estimated Hawaii ERS pension
Updates as you type.
Educational estimate only, not financial advice. Uses a simplified Hawaii ERS formula and your inputs; your real benefit varies by tier, service, age, and salary rules.
How the Hawaii ERS formula works
For teachers in the Hybrid plan (most members hired after July 1, 2012), the Hawaii ERS uses a 1.75% multiplier on your average final compensation, the average of your highest five years. Normal retirement is age 65 with ten years, or age 60 with 30 years.
This calculator uses a single percentage and a simplified formula, so treat the result as an estimate and confirm your figure with ERS. Hawaii teachers also pay into Social Security. Use the full Teacher Retirement Calculator to combine your pension with your 403(b)/457(b) and Social Security, or read what the WEP and GPO repeal means for teachers.
Questions
How is a Hawaii ERS pension calculated?
The ERS benefit multiplies a 1.75% multiplier by your average final compensation by your years of service. For example, 30 years at a $60,000 average final compensation is 1.75% × $60,000 × 30 = $31,500 per year before any early-retirement reduction.
What multiplier does Hawaii ERS use?
It is 1.75% per year of service. Adjust the percentage on the calculator if your tier or service level uses a different rate.
Do Hawaii teachers get Social Security?
Yes. Hawaii teachers pay into Social Security, so most receive a ERS benefit plus a Social Security benefit. Adding any 403(b) or 457(b) savings completes the picture.