Your CalSTRS Defined Benefit will replace, on average, about 60 percent of your current salary. CalSTRS has a plan to get you to your goals. You can set aside extra money in a low-cost and flexible supplemental savings program.
Ask yourself what you want and need for a comfortable retirement. Visualize what you expect in retirement so that you can develop a plan that will provide you with the information you need to achieve your goals.
If you expect a Social Security benefit - through other employment or a spouse - to supplement your CalSTRS benefit, two Social Security provisions may apply to you. These provisions are the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
Your CalSTRS retirement benefit is secure and guaranteed for life. It’s smart though to save on your own to maintain your desired lifestyle in retirement.
Use CalSTRS retirement calculators to help you make informed decisions.
Know your retirement formula and create scenarios with your estimated service credit numbers and options for your retirement age. Use our calculators to help you make an informed decision about your retirement plan.