New Hampshire · Free tool
New Hampshire NHRS Retirement Calculator
The New Hampshire Retirement System (NHRS) calculates a pension as 1.67% 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 1.67% NHRS multiplier; adjust it for your tier or service level.
NHRS uses a 1.67% 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 New Hampshire NHRS.
Your estimated New Hampshire NHRS pension
Updates as you type.
Educational estimate only, not financial advice. Uses a simplified New Hampshire NHRS formula and your inputs; your real benefit varies by tier, service, age, and salary rules.
How the New Hampshire NHRS formula works
For Group I teachers, NHRS uses a 1.6667% multiplier on your average final compensation, the average of your highest five years for members who joined after 2011. At age 65 the multiplier and benefit are recalculated under the plan's rules.
This calculator uses a single percentage and a simplified formula, so treat the result as an estimate and confirm your figure with NHRS. New Hampshire 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 New Hampshire NHRS pension calculated?
The NHRS benefit multiplies a 1.67% multiplier by your average final compensation by your years of service. For example, 30 years at a $55,000 average final compensation is 1.67% × $55,000 × 30 = $27,555 per year before any early-retirement reduction.
What multiplier does New Hampshire NHRS use?
It is 1.67% per year of service. Adjust the percentage on the calculator if your tier or service level uses a different rate.
Do New Hampshire teachers get Social Security?
Yes. New Hampshire teachers pay into Social Security, so most receive a NHRS benefit plus a Social Security benefit. Adding any 403(b) or 457(b) savings completes the picture.