New NJ pension calculator highlights key details on New Jersey’s pension payout calculator
New Jersey Pension Plan (NJPP) data from the New Jersey Department of Finance (NJDF) provides an overview of the NJPP’s payout calculator.
The calculator includes all of the information necessary to determine the NJP pension payout amount, including the payout amount per month, the amount for retired workers, the maximum pension amount and a comparison of the amount with the other pension plans in New Jersey.
The NJP has a retirement age of 65 years.
The New Jersey State Retirement System (NJSS) is a State agency that administers New Jersey pension and benefits plans.
The NYS Pension Fund is a federal government program that funds the pensions of approximately 1.3 million New Jersey residents.
The most current NJPP data are available from the NJDF on the NJPS website.