PERS Refund Payback Calculator
Step 1. Read the Disclaimer
What the Refund Calculator Can Do:
This page allows you to enter data to calculate an estimated
refund
payback cost on the membership contributions that were
refunded
from your membership account. This is not an official Refund
Payback
Cost. You should use this refund calculator to better
understand
the amount you will have to repay in order to reinstate all
service
time, membership contribution and interest during the refund
period.
The Refund Calculator:
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Uses the data you input and does not compare that data against your actual account. It is not connected to the actual PERS database, which stores the data pertinent to your actual account.
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Can provide you with the total amount of payback if you have received several refunds. You would have to enter the information for each refund received in order to attain the total amount to be repaid for each refund.
The refund calculator is intended as a tool for you to estimate repayment of the full refund. The accuracy of the Refund Calculator will depend on how closely the data you enter matches your actual data at the time an official PERS Refund Payback Cost is calculated. There will be a slight variance in the Refund Payback Cost you receive from PERS and the one calculated on this Web Site due to the different computer applications utilized in the two calculator programs. There is no guarantee that you will be repaying the same amount produced by this calculator.
The actual Refund Payback Cost you receive from PERS must be calculated under the provisions of the applicable law that affects repayment of refunded service credit to reinstate all service time during the refund period.
I have read this disclaimer and I am ready to do a calculation.