Louisiana Clerks of Court Retirement and Relief Fund
11745 Bricksome Avenue . Suite B-1 . Baton Rouge, Louisiana 70816
 Phone: (800) 256-6660 . Fax: (225) 291-7859

RETIREMENT CALCULATION WORKSHEET (Estimation Only)


In order to determine the maximum benefit you can receive at retirement, you must first determine your monthly average final compensation. This is your monthly salary during the highest compensated thirty-six (36) consecutive months of service.

Please find the highest consecutive thirty-six (36) months salary (if you have a one month break of a lesser salary, this may be skipped and continue to calculate.)
Note: There are limitations on the salary which can be used, particularly if you receive large pay increases in the thirty-six (36) month period. Specifically the salary utilized for the thirteenth (13th) through twenty-fourth (24th) cannot exceed 110% of the salary for the first twelve (12) months and the salary for the last twelve months (12) cannot exceed 121% of the salary used for the first twelve (12) months.
Example: If you began service on January 1, 1980, and wish to estimate your maximum retirement benefits as of December 31, 2001, and your Final Monthly Average Compensation is $2000, your maximum benefit would be calculated as follows:

(B) Service credit prior to July 1, 1999:          19.5 years x 3% x $ 2000 =    $1,170.00
(C) Service credit on or after July 1, 1999:     2.5 years x 3 .% x $ 2000 =    $166.65
                                                                                                                    ————
                                                            Maximum Total Monthly Benefit =    $1,336.65
Enter monthly salaries for the highest consecutive thirty-six (36) months' salary (as described above). Also enter years of service before and on/after July 1, 1999 where prompted. Then click the "Calculate" button to calculate your benefits.
Year 1
Year 2
Year 3

Average Salary

Average Salary

Average Salary
Final Monthly Average Compensation
  
Years of service prior to July 1, 1999
Years of service on or after July 1, 1999
Total years of service
Click the "Calculate" button to calculate your benefits
 
(B) X 3% X (A)$
(C) X 3 1/3% X (A)$+
Total=
$
 
(The accrual rate was changed to 3 1/3% in the La. Rev. Statutes July 1, 1999)
Maximum Benefits


If you wish to provide your spouse with a survivor benefit, your benefit would be reduced based on the amount of survivor benefit, your age, and the age of your spouse. In order to begin receiving regular retirement benefits, a member must meet certain minimum age and service requirements. The section on retired members describes these eligibility requirements.

(rev. 11/2006)