Check with ERSRIEstimate only, not an official benefit amount. Confirm with ERSRI (401-462-7600) before you decide.
Your estimated monthly check
Fill in the form and we'll show your schedule, your full-pension date, your monthly check at every age, and what one more year would add.
Your road to a full pension
Retire as planned, or work longer?
Your check at every age
Compare two retirement dates
Your cost-of-living adjustment (COLA)
Common questions
How is an ERSRI pension calculated?
Your yearly pension is your accrual percentage times your highest average salary (your best 3 consecutive years if you retire on or after July 1, 2024). Since July 1, 2012 each year of service adds 1% (2% from July 1, 2015 if you had 20 or more years on June 30, 2012). Service before then earned more, by your schedule. The total is capped at 80% or 75%.
When can I retire from ERSRI?
Most teachers get a full pension at their Social Security full retirement age (never over 67), with 5 years of contributory service. If you had service before July 2012 that age may be scaled back, never below 59. Under the Rule of 95, age plus service of 95 at 62 or older is also a full pension. With 20 or more years you can retire up to 5 years early with a permanent cut.
What is my schedule?
ERSRI puts every teacher on one of 8 schedules (A, ABE, ABNE, B, B1E, B1NE, B2, B3), based on your service on July 1, 2005 and whether you could retire by Sept. 30, 2009 or June 30, 2012. Your ERSRI member portal shows yours.
Does ERSRI give a cost-of-living increase?
Yes, but for teachers who retired after June 30, 2012 it is 1/4 of the full COLA until the plans are 75% funded. For 2026 that was 0.84% on the first $31,507 of the pension. It starts at the later of 3 years after you retire or your Social Security full retirement age.
Is this the official ERSRI calculator?
No. This is an unofficial estimate built from the ERSRI Member Handbook and the 2024 law changes. It is not affiliated with ERSRI. Your ERSRI member portal has the official Pension Projection Tool, and ERSRI decides your benefit.
Compare Rhode Island with other states
- States where teachers don't get Social Security: Some Rhode Island districts don't take part in Social Security. Teachers there get a survivor plan and extra savings instead.
- Teacher DROP plans by state: No. ERSRI has no DROP for teachers.
- Teacher pension COLAs by state: Yearly, from fund returns and inflation. Until plans are 75% funded you get 1/4 of it (0.84% in 2026). Starts 3+ years after retiring.
- State taxes on teacher pensions, by state: Taxed by Rhode Island, but you can subtract up to $50,000 a year once you reach Social Security full retirement age, if under income limits.
- Teacher pension multipliers by state: 1% a year for service from July 2012, plus what you earned before then under Schedule A or B (1.6% to 3% a year). Best 3 years in a row.
- Teacher retirement age by state: Social Security full retirement age (no later than 67) with 5 years, or the Rule of 95 (age + years = 95) from 62.
Plain-English guides
How your pension works
Which schedule am I?A, ABE, ABNE, B, B1E, B1NE, B2 or B3: a step-by-step finder.→Benefit formula and accrual ratesWhat each year earns, the 80% and 75% maximums, and your 3-year average salary.→When can I retire?Your Social Security age, the Rule of 95, and the scaled-back age.→Retiring earlyTransition Rules 1 and 2: the 9% to 38% cut, and retiring on your 2012 date.→Buying service creditOut-of-state, leave, military and refund paybacks, and the 5-year limit.→ERSRI glossaryPlain-English definitions of the ERSRI terms you'll run into.→
Planning your exit
Leaving teaching: refund or keep your pension?What a refund pays, what it gives up, and a pension later if you're vested.→Taxes on your ERSRI pensionFederal and Rhode Island tax, and the pension subtraction for retirees.→Social Security and ERSRIHow your Social Security age sets your ERSRI age, and districts without it.→
After you retire
Working after retirementThe 90-day limit, the 45-day break, and the end of the 180-day rule.→The ERSRI COLAThe 1/4 COLA, the cap, when it starts, and when the full COLA returns.→Retiree health coverageDistrict coverage, the state plan, Medicare and who to call.→Death and survivor benefitsThe death benefit, survivor options, and the Teachers' Survivors Benefit.→
More calculators
Some states have a DROP program. The ERSRI Member Handbook doesn't describe one for teachers.
Source: ERSRI Membership and Retirement Handbook, 10th edition, June 2020 (with the 2024 Article 12 changes from the Treasurer's guide, July 1, 2024), pp. 9, 16, 17, 18, 19. Also: Rhode Island General Laws; Treasurer's guide to the 2024 pension changes (Article 12), July 1, 2024; Senate Fiscal Office budget analyses; ERSRI's COLA Information pages (saved Nov. 12, 2026). Last reviewed .