CalSTRS 2% at 62

Описание: California Public School Educators

Hi there if you watched this video it’s because you have many questions about your pension plan, you are not alone. Many teachers I speak to are confused on who to speak to or how their benefit structure would work.

If you became a CalSTRS member on or after January 1, 2013, you're under the CalSTRS 2% at 62 benefit structure.

Your benefits are not based on contribution or the market, so do not worry about that
FORMULA based on:
Years of service credit
Your age at retirement
Your final compensation
Your maximum age factor is 2.4 percent reached at age 65.
Your final compensation is your HIGHEST average COMPENSATION of 36 CONSECUTIVE months

Use the retirement benefit calculation on CALSTRS.com

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