South Dakota · Free tool
South Dakota SDRS Retirement Calculator
The South Dakota Retirement System (SDRS) calculates a pension as 1.8% multiplied by your final average compensation multiplied by your years of service. Enter your numbers below for an estimate.
Enter your numbers. The percentage is pre-filled with the 1.8% SDRS multiplier; adjust it for your tier or service level.
SDRS uses a 1.8% multiplier on your final average compensation (the average of your highest 12 consecutive quarters). Early retirement before your normal retirement age reduces the benefit. Confirm with South Dakota SDRS.
Your estimated South Dakota SDRS pension
Updates as you type.
Educational estimate only, not financial advice. Uses a simplified South Dakota SDRS formula and your inputs; your real benefit varies by tier, service, age, and salary rules.
How the South Dakota SDRS formula works
For Foundation members, SDRS uses about a 1.8% multiplier on your final average compensation, with a lower rate applied to pay below a Social Security breakpoint. Normal retirement is age 67 for Foundation members hired on or after July 1, 2017.
This calculator uses a single percentage and a simplified formula, so treat the result as an estimate and confirm your figure with SDRS. South Dakota 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 South Dakota SDRS pension calculated?
The SDRS benefit multiplies a 1.8% multiplier by your final average compensation by your years of service. For example, 30 years at a $50,000 final average compensation is 1.8% × $50,000 × 30 = $27,000 per year before any early-retirement reduction.
What multiplier does South Dakota SDRS use?
It is 1.8% per year of service. Adjust the percentage on the calculator if your tier or service level uses a different rate.
Do South Dakota teachers get Social Security?
Yes. South Dakota teachers pay into Social Security, so most receive a SDRS benefit plus a Social Security benefit. Adding any 403(b) or 457(b) savings completes the picture.