Planning for Retirement

It's never too early to start planning for your financial future, and preparation is key to setting yourself up for success for retirement. This section provides information about your retirement benefit, retirement eligibility, and benefit options to help your prepare and plan ahead.

Calculators

Members can estimate future annuity amounts, service purchases, the cost to convert unused sick leave, and much more by using the estimate tools available in MemberDirect.

Service Credit Purchase Options

You can purchase service credit representing certain employment periods with the City in which you would not have made COAERS contributions. Some examples include:

Proportionate Retirement Program

If you have participated in certain other public retirement systems in Texas, you may be able to combine your service credit from those retirement systems to help you meet retirement eligibility under the Proportionate Retirement Program. COAERS recognizes service credit in the following systems:

Retirement Eligibility

Your retirement benefits and eligibility date are determined in part by your retirement group, which is determined by your employment date. Click here to find out which retirement group you are under and how you reach eligibility.

Saving for Retirement

Saving for Retirement: The Three-Legged Stool Approach

Benefits Administration Operating Procedures

For detailed information on your retirement benefit: