This workshop is designed for members who are close to retirement and are looking for information on the steps needed to make informed decisions. In this interactive workshop, members will learn how to calculate their monthly retirement benefit, the options they can choose if they want to provide a lifetime monthly benefit to their survivors-and how much each option would affect the amount of their monthly benefit, their choices for receiving the funds in their Defined Benefit Supplement account, if applicable, how to complete your Service Retirement Application, and what members need to know if they return to work in the California public school system in retirement. Members are encouraged to bring their Retirement Progress Report and any questions they have.
Strand: E, Topic: 2, Level: I-III
Christina Portugal, Defined Contribution Benefits specialist and Amber Mulch, benefits specialist, CalSTRS.