RetirementCalcByState
🦅 DE Pre-Filled
Delaware State Pension
Retirement Calculator 2026
Calculate your estimated Delaware Public Employees’ Pension System retirement benefit using the official formula. Delaware’s 2026 rates are pre-loaded.
Formula: Years of Service × Final Average Salary × 1.85% = Annual Pension
1.85%
Benefit Multiplier
Top 3 yr avg
Final Avg Salary
10 yrs
Vesting Period
+SS
Social Security
🏛️ PEPS Calculator
Delaware Pension Benefit Estimator
Enter your years of service and final average salary — Delaware’s 1.85% multiplier is already loaded.
$
Using highest 3-year average
✓ Pre-filled — Delaware 2026 rate
Annual Pension
—
Per year
Monthly Pension
—
Per month
Replacement Rate
—
% of final salary
Calculation Breakdown
Years of Service—
Final Average Salary—
Benefit Multiplier1.85%
Annual Pension Benefit—
Income Replacement0%
⚠️ This is an estimate based on the standard Delaware Public Employees’ Pension System formula. Actual benefits may vary based on your specific tier, early retirement reductions, survivor benefit elections, and other factors. Contact Delaware Public Employees’ Pension System for an official benefit estimate.
🏛️ Delaware Public Employees’ Pension System Facts
Benefit Multiplier
1.85% per year
Final Avg Salary
Highest 3-year average
Retirement Rule
Age 65 with 10 years, or Age 60 with 20 years, or any age with 30 years
Vesting Period
10 years
Employee Contribution
5% of salary
Employer Contribution
23.91% of salary
Social Security
Yes — members also receive Social Security
COLA
Ad hoc — granted periodically
System Overview
Delaware PEPS has a modest multiplier of 1.85% but is generally well-funded relative to its obligations.
What to Know About Delaware Retirement
- →Delaware requires 10 years of service to become vested — double the 5-year standard in most states.
- →Delaware PEPS covers most state employees — teachers have a separate system called the Teachers’ Pension Plan.
- →The standard pension formula is: Years of Service × Final Average Salary × 1.85%. For a 30-year employee earning $65,000/year, this means $36,075/year in annual pension benefits.
Frequently Asked Questions
How is the Delaware pension calculated?
The Delaware Public Employees’ Pension System uses this formula: Years of Service × Final Average Salary × 1.85%. Your “final average salary” is based on your highest 3-year average. For example, with 25 years of service and a $60,000 final average salary: 25 × $60,000 × 0.018500000000000003 = $27,750 per year.
When can I retire with a full pension in Delaware?
Full retirement eligibility in Delaware: Age 65 with 10 years, or Age 60 with 20 years, or any age with 30 years. You may be able to retire earlier with a reduced benefit — contact Delaware Public Employees’ Pension System directly for your specific eligibility date based on your hire date and tier.
Does Delaware pension replace Social Security?
Delaware pension members also participate in Social Security. You will receive both your state pension AND Social Security benefits in retirement — two separate income streams.