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...
What Is the CalSTRS Defined Benefit Supplement and How Does It Work?
If you are a California educator, you have probably heard the term “CalSTRS Defined Benefit Supplement” at least once. Maybe it showed up in your annual member statement. Maybe someone mentioned it at a staff meeting. Either way, it is one of the most...
What Happens to CalSTRS If I Leave Teaching?
Deciding to leave teaching is never a simple choice. Whether you are making a career change, stepping away for personal reasons, or simply unsure about what comes next, one of the biggest questions on your mind is probably: what happens to your CalSTRS account? The...
What Should California Educators Know About CalSTRS Early Retirement Penalties?
CalSTRS early retirement penalties can feel confusing because they are not always explained as one simple fee or charge. For many California public school educators, the real issue is that retiring early may reduce the age factor used in the benefit calculation. That...