RetirementCalcByState
🌴 SC Pre-Filled
South Carolina State Pension
Retirement Calculator 2026
Calculate your estimated South Carolina Retirement System retirement benefit using the official formula. South Carolina’s 2026 rates are pre-loaded.
Formula: Years of Service × Final Average Salary × 1.82% = Annual Pension
1.82%
Benefit Multiplier
Top 3 yr avg
Final Avg Salary
5 yrs
Vesting Period
+SS
Social Security
🏛️ SCRS Calculator
South Carolina Pension Benefit Estimator
Enter your years of service and final average salary — South Carolina’s 1.82% multiplier is already loaded.
$
Using highest 3-year average
✓ Pre-filled — South Carolina 2026 rate
Annual Pension
—
Per year
Monthly Pension
—
Per month
Replacement Rate
—
% of final salary
Calculation Breakdown
Years of Service—
Final Average Salary—
Benefit Multiplier1.82%
Annual Pension Benefit—
Income Replacement0%
⚠️ This is an estimate based on the standard South Carolina Retirement System formula. Actual benefits may vary based on your specific tier, early retirement reductions, survivor benefit elections, and other factors. Contact South Carolina Retirement System for an official benefit estimate.
🏛️ South Carolina Retirement System Facts
Benefit Multiplier
1.82% per year
Final Avg Salary
Highest 3-year average
Retirement Rule
Age 65 with 5 years, or Rule of 90 (age + service = 90)
Vesting Period
5 years
Employee Contribution
9% of salary
Employer Contribution
18.56% of salary
Social Security
Yes — members also receive Social Security
COLA
Yes — automatic annual COLA
System Overview
South Carolina SCRS uses a Rule of 90 for unreduced retirement — your age plus years of service must equal 90.
What to Know About South Carolina Retirement
- →South Carolina uses a ‘Rule of 90’ — when your age plus years of service equals 90, you qualify for full retirement.
- →South Carolina SCRS employee contribution rate increased significantly in recent years to help fund the pension.
- →The standard pension formula is: Years of Service × Final Average Salary × 1.82%. For a 30-year employee earning $65,000/year, this means $35,490/year in annual pension benefits.
Frequently Asked Questions
How is the South Carolina pension calculated?
The South Carolina Retirement System uses this formula: Years of Service × Final Average Salary × 1.82%. 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 × 0.0182 = $27,300 per year.
When can I retire with a full pension in South Carolina?
Full retirement eligibility in South Carolina: Age 65 with 5 years, or Rule of 90 (age + service = 90). You may be able to retire earlier with a reduced benefit — contact South Carolina Retirement System directly for your specific eligibility date based on your hire date and tier.
Does South Carolina pension replace Social Security?
South Carolina pension members also participate in Social Security. You will receive both your state pension AND Social Security benefits in retirement — two separate income streams.