Maine · Free tool
Maine MainePERS Retirement Calculator
The Maine Public Employees Retirement System (MainePERS) calculates a pension as 2.0% 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 2.0% MainePERS multiplier; adjust it for your tier or service level.
MainePERS uses a 2.0% multiplier on your average final compensation (the average of your highest three years). Early retirement before your normal retirement age reduces the benefit. Confirm with Maine MainePERS.
Your estimated Maine MainePERS pension
Updates as you type.
Educational estimate only, not financial advice. Uses a simplified Maine MainePERS formula and your inputs; your real benefit varies by tier, service, age, and salary rules.
How the Maine MainePERS formula works
The MainePERS State and Teacher plan uses a 2% multiplier on your average final compensation, the average of your highest three years. Normal retirement age is 65 for members who joined after 2011, with reductions for earlier retirement. Maine teachers generally do not pay into Social Security for their teaching.
This calculator uses a single percentage and a simplified formula, so treat the result as an estimate and confirm your figure with MainePERS. Most Maine teachers do not pay into Social Security for their teaching service, which makes the WEP and GPO repeal especially relevant. Use the full Teacher Retirement Calculator to combine your pension with your 403(b)/457(b), or read what the WEP and GPO repeal means for teachers.
Questions
How is a Maine MainePERS pension calculated?
The MainePERS benefit multiplies a 2.0% multiplier by your average final compensation by your years of service. For example, 30 years at a $55,000 average final compensation is 2.0% × $55,000 × 30 = $33,000 per year before any early-retirement reduction.
What multiplier does Maine MainePERS use?
It is 2.0% per year of service. Adjust the percentage on the calculator if your tier or service level uses a different rate.
Do Maine teachers get Social Security?
Most do not. Maine teachers generally do not pay into Social Security for their teaching service, so they receive a MainePERS pension instead. The Social Security Fairness Act, signed in January 2025, repealed the WEP and GPO that previously reduced any other Social Security a teacher had earned.