Calculate Your Health Insurance Premiums Note: This calculator is using FY15 premiums for members currently paying a percentage of the cost of health insurance due to less than 20 years of service. What is your Medicare Status? _____________________ Did you retire before January 1, 1998? Yes No How many full years did you work for the state? _________________ Who is your State Health Insurance Carrier? _______________________ Member’s monthly health insurance premium effective 1, 2014 _______________________ Disclaimer This calculator is intended as an educational tool only. Retirees, and Survivors can use this to help develop personal retirement strategies or provide estimated financial information. This calculator allows you to enter data to calculate an unofficial projection of your health insurance premiums. Remember, this is a projection based on information you provide. If any of the variables differ from what SERS records contain, your projection will not be accurate. This only calculates the member portion and will not include any dependent premiums. The actual calculation you receive from SERS must be calculated under the provisions of the applicable law in effect at the time of retirement. STATE RETIREMENT SYSTEMS State Employees' Retirement System of Illinois General Assembly Retirement System Judges' Retirement System of Illinois 2101 South Veterans Parkway, P.O. Box 19255, Springfield, IL 62794-9255 Internet: http://www.srs.illinois.gov E-Mail: [email protected]