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The Benefit Modification Illustration Calculator

Please enter your details below.

When you retired, were you an active police officer?

Do you currently receive Medical Insurance? (This information is requested to calculate the cut according to the proposal of the Financial Oversight and Management Board. Under the COR's agreement, the Medical Insurance payment is protected.)

Do you currently receive the Christmas and Medicine bonuses?

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Additional Information and Disclosures

This calculator does not capture your personal information. Data is provided anonymously.

THIS NUMBER IS ONLY AN ILLUSTRATION AND MAY BE DIFFERENT THAN THE ACTUAL ADJUSTMENT TO BE MADE ONCE A PLAN OF ADJUSTMENT IS PUT INTO EFFECT

The calculator may give false results on some devices due to incompatibility with the Calculator’s software. If the results given indicate multiple zeros ($0.00) instead of a value or percentage, access the calculator via a desktop computer or a different device.

The Benefit Modification Illustration Calculator is provided for illustrative purposes only. It projects a pensioner’s proposed treatment under the tentative agreement between the COR and the FOMB based on information provided by the user. For active employees, the Calculator cannot predict future retirement dates; all calculations by the Calculator are made as of the prospective Effective Date of a Plan of Adjustment. All comparisons of the COR-FOMB agreement to the FOMB’s proposal under its certified Fiscal Plan are as of the prospective Effective Date of the Plan of Adjustment only. Please note that the COR-FOMB agreement and this Calculator only apply to accrued benefits under defined-benefit pension plans as of May 3, 2017 and do not account for other accrued benefits or benefits earned after that date. The COR’s tentative agreement with the FOMB has not been approved by the District Court. Any actual pension modifications will take place as part of a confirmed Plan of Adjustment and may vary from the illustrative calculation. The Benefit Modification Illustration Calculator is not intended to provide financial, legal, or tax advice. The COR assumes no responsibility or liability for an individual’s use of The Benefit Modification Illustration Calculator. The Benefit Modification Illustration Calculator is provided for illustrative purposes only and is not intended to solicit votes with respect to any Plan of Adjustment filed or to be filed on behalf of the Commonwealth of Puerto Rico.