Michigan Teacher Pension Calculator Michigan Teacher Pension Calculator Final Average Compensation (FAC) ($) Years of Service (YOS) Retirement Age Plan Type Member Investment Plan (MIP)Pension PlusPension Plus 2 Advanced Options Survivor Benefit Option None50% Survivor Benefit75% Survivor Benefit100% Survivor Benefit Purchased Service Credits (Years) Calculate PensionYour Estimated PensionAnnual Pension: Monthly Pension: Calculation Breakdown:Final Average Compensation: Total Years of Service: Pension Factor: Early Retirement Reduction: Survivor Benefit Adjustment: