Search results
People also ask
What is a CalSTRS retirement benefit?
What is CalSTRS defined benefit program?
What services does CalSTRS offer?
What disability benefits does CalSTRS offer?
Retirement benefits. Your CalSTRS retirement benefit is a defined benefit pension. With five years of service credit, you’re eligible for a guaranteed lifetime retirement benefit based on a formula set by law: Service Credit x Age Factor x Final Compensation = Retirement Benefit.
- Retirement Benefit
Retirement Benefits Calculator. Estimate Your Retirement...
- For Defined Benefit Program members
If you retire after age 60, it increases to a maximum of...
- Understand your benefits
You are covered under the following benefit structure: Your...
- Retirees
CalSTRS is here to support you in retirement. Take a few...
- Health Insurance
Each district has its own policies. Coverage may also be...
- Retirement Benefit
Dec 31, 2012 · You are covered under the following benefit structure: Your eligibility for retirement is: On or before December 31, 2012. CalSTRS 2% at 60. Age 50 with at least 30 years of service credit or age 55 with five years of service credit—or under special circumstances*. On or after January 1, 2013.
CalSTRS is here to support you in retirement. Take a few minutes to learn more about your benefits and the services available to you as a retired member. Explore our videos, attend a workshop or take part in our annual Retired Educator Event.
Each district has its own policies. Coverage may also be part of your union contract, so your benefits may differ from others in your district. Contact your employer to learn if you will have any health benefits in retirement. Consider setting aside extra money now for your future health benefits.
Retirement Benefits Calculator. Estimate Your Retirement Benefits. Read the disclaimer before using this calculator. Watch a video and learn how to generate an estimate of your CalSTRS monthly retirement benefit online.
Retiring from more than one public retirement system 46 . Reduced Benefit Election 46 . Reduced Workload Program 47 . Retirement Incentive Program 47 . Protecting your loved ones . before you retire 48 . Social Security offsets 51 . Health insurance 52 . CalSTRS and your Medicare premiums 53 . CalPERS Long-Term Care Program 54 . Benefits ...
If you retire after age 60, it increases to a maximum of 2.40% at age 63. If you qualify for the 0.20% career factor by having at least 30 years of service credit, you reach the maximum age factor of 2.40% at age 61 and six months. For CalSTRS 2% at 62 members. , the basic age factor is set at 2% at age 62.
