Teachers' Pension and Annuity
Fund (TPAF) | Public Employees' Retirement System (PERS)
Police and Firemen's Retirement System (PFRS) | State Police
Retirement System (SPRS)
Alternate Benefit Program (ABP)
This calculator estimates the amount and cost of group life
insurance coverage a pension fund member may convert at retirement or termination of employment to
a private policy with the Prudential Insurance Company.
BEFORE USING THIS CALCULATOR, PLEASE READ THE FOLLOWING
This calculator is provided as a convenience to
our members and is intended for use with retirement planning
or if terminating employment. The calculation is based solely
on the information that you provide and does not access any
of the salary or pension service information maintained by
the Division of Pensions and Benefits.
By using this calculator, you are not applying for a conversion of your group life insurance. If
interested in conversion please read Fact
Sheet #13, Conversion of Group Life Insurance,Adobe
PDF (41K) or contact Prudential for additional
information.
To initiate the purchase of a conversion policy, you must contact the Prudential Insurance Company —
within 31 days of terminating employment — through any
of its local offices or by calling 1-800-262-1112.
Note for PERS
and TPAF Members:This
calculator assumes that both Noncontributory and
Contributory Group Life Insurance are in effect at retirement
or termination of employment — if you have waived
or voluntarily terminated all or any portion of your Contributory
insurance, contact the Prudential Insurance Company for
an estimate.
Internet Explorer or Firefox browsers are recommended.Safari and Chrome users may encounter errors
Complete all
fields and click the "Calculate Conversion" button