Purchase and Reinstatement Cost Recovery Calculator

Use this calculator to determine the number of years it will take to recover the cost of a credit purchase or reinstatement after you begin receiving your monthly retirement benefit.*



Monthly Benefit Without Credit Purchase: ?
Monthly Benefit With Credit Purchase: ?
Cost to Purchase Credit: ?
 
Estimated Number of Years to
Recover the Cost of the Purchase:		 0 year(s) and 0 month(s)

Note:


*Careful consideration should be given when purchasing or reinstating credit. A credit purchase or reinstatement can be quite expensive and its potential worth can vary greatly from member to member, based in part on your personal circumstances, plans and goals. You should weigh the purchase cost against all potential benefits the additional credit would provide both you and your family members. One factor to help you determine if purchasing or reinstating credit will be cost-effective is to determine the time it will take to recover the cost in the form of monthly retirement benefits.

NOTE: Remember when comparing cost recovery times that this calculator assumes all other factors (such as retirement date, salary and benefit plan chosen) remain constant.