How will my retirement benefit be determined?

The factors used to calculate COA ERS retirement benefits include:

1. Total years and months of Creditable Service (see Creditable Service/Membership), multiplied by:
2. 3.0% (Current Multiplier), multiplied by:
3. The Member’s Final Average Earnings (FAE) – FAE is the average annual salary for the highest 36 months of contributory service during the last 10 years (120 months). For most Members, this is the average of the last three years worked.


Creditable Service/Membership  |  Contributions   |  Proportionate Service   |  Service Purchases
Retirement   |  Lump-Sum Payments   |  Retirees Working for the City of Austin   |  Retiree Health Insurance
Leaving City Employment   |  Other Information

The Frequently Asked Questions document is intended to provide general information to Members. Member specific questions should be directed in writing to the COA ERS Staff. If there is any difference between the information provided in this document and the law or policies that govern COA ERS, the law and policies will govern.