Your Salary May Be Overstated in the WMS Benefit Estimate

Post

In rare cases, a member may have sold more vacation than can legally be included as salary in the Highest Average Monthly Salary calculation. 

When using the Benefit Estimator in Web Member Services, pay careful attention to the Salary Date Range on your Retirement Benefit Estimate PDF.

Excerpt from benefit estimate showing salary date range

 

If you sold a lot of vacation during this date range, perhaps the maximum that your employer will allow you to sell, make sure it’s not more than the legal limit of vacation compensation that ACERA can include in your salary calculation. If it is, you may want to reduce your salary in the Override Avg. Salary field in the Benefit Estimator to get a more conservative benefit estimate.