What Is the CalSTRS One-Time Death Benefit and Who Receives It?
Losing a loved one is already one of life’s hardest moments. The last thing a grieving family should have to deal with is confusion about financial benefits they are entitled to. If you are a California educator covered by CalSTRS, or if you are the family...
What Is the Difference Between CalPERS 2 at 55 and 2 at 62 Retirement Formulas?
If you are a California public employee thinking about retirement, one of the most important things you need to understand is your retirement formula. Two of the most common formulas under the California Public Employees Retirement System are the 2 at 55 formula and...
How Is the CalSTRS Pension Benefit Formula Explained?
Understanding your CalSTRS pension can feel confusing at first, especially when you are trying to figure out how much income you may actually receive in retirement. The good news is that the formula itself is simple once you break it down. The harder part is knowing...