Human Resources
CalSTRS Retirement Fundamentals Workshop
What topics are covered?
- Basic information about CalSTRS
- What it costs to be in CalSTRS
- How benefits are calculated
- Details on the CalSTRS defined benefit formula
- How to provide a lifetime benefit for another person
- Disability and survivor benefits
If a contracted financial planner is included:
- Why financial planning is important
- Completing a financial check-up
- How to determine your retirement goal
- Other sources of retirement income
- Investment risk tolerance
- Tax deferred accounts
- How to choose a financial planner
- What to do next as a mid-career educator
What’s unique about this workshop?
Provides a lot of information illustrated through an average teacherís retirement planning process.
Who is this workshop meant for?
Mid-career educators, those with ten to twenty years of service credit.
Who presents the workshop?
Local CalSTRS staff (on occasion, a contracted financial planner; noted in schedule)
How long does it last?
About one and a half hours (if including financial planning component, two and a half hours).
When is it usually held?
At the end of the school day, on a flex day or on a Saturday morning (if with financial planner).
How many people are in this workshop?
Usually around 50.
Who/what should I bring with me?
- An interest in learning about your CalSTRS benefits.
- If you would like, your spouse/registered domestic partner or other guest.