RetirementCalcByState
🎸 MS Pre-Filled
Mississippi State Pension
Retirement Calculator 2026
Calculate your estimated Public Employees’ Retirement System of Mississippi retirement benefit using the official formula. Mississippi’s 2026 rates are pre-loaded.
Formula: Years of Service × Final Average Salary × 2% = Annual Pension
2%
Benefit Multiplier
3-year average
Final Avg Salary
4 yrs
Vesting Period
+SS
Social Security
🏛️ PERS Calculator
Mississippi Pension Benefit Estimator
Enter your years of service and final average salary — Mississippi’s 2% multiplier is already loaded.
$
Using 3-year average
✓ Pre-filled — Mississippi 2026 rate
Annual Pension
—
Per year
Monthly Pension
—
Per month
Replacement Rate
—
% of final salary
Calculation Breakdown
Years of Service—
Final Average Salary—
Benefit Multiplier2%
Annual Pension Benefit—
Income Replacement0%
⚠️ This is an estimate based on the standard Public Employees’ Retirement System of Mississippi formula. Actual benefits may vary based on your specific tier, early retirement reductions, survivor benefit elections, and other factors. Contact Public Employees’ Retirement System of Mississippi for an official benefit estimate.
🏛️ Public Employees’ Retirement System of Mississippi Facts
Benefit Multiplier
2% per year
Final Avg Salary
3-year average
Retirement Rule
Age 60 with 4 years, or 25 years any age
Vesting Period
4 years
Employee Contribution
9% of salary
Employer Contribution
17.4% of salary
Social Security
Yes — members also receive Social Security
COLA
Ad hoc — granted periodically
System Overview
Mississippi PERS has a very short 4-year vesting period — among the most employee-friendly vesting rules in the US.
What to Know About Mississippi Retirement
- →Mississippi PERS vests in just 4 years — one of the shortest vesting periods of any state pension system.
- →Mississippi’s ’25 and out’ rule allows retirement at any age after 25 years of service.
- →The standard pension formula is: Years of Service × Final Average Salary × 2%. For a 30-year employee earning $65,000/year, this means $39,000/year in annual pension benefits.
Frequently Asked Questions
How is the Mississippi pension calculated?
The Public Employees’ Retirement System of Mississippi uses this formula: Years of Service × Final Average Salary × 2%. Your “final average salary” is based on your 3-year average. For example, with 25 years of service and a $60,000 final average salary: 25 × $60,000 × 0.02 = $30,000 per year.
When can I retire with a full pension in Mississippi?
Full retirement eligibility in Mississippi: Age 60 with 4 years, or 25 years any age. You may be able to retire earlier with a reduced benefit — contact Public Employees’ Retirement System of Mississippi directly for your specific eligibility date based on your hire date and tier.
Does Mississippi pension replace Social Security?
Mississippi pension members also participate in Social Security. You will receive both your state pension AND Social Security benefits in retirement — two separate income streams.