Pension Sense blog | December 3, 2021

When you’re beginning a new career, retirement can seem a hundred years away. But consider this: your CalSTRS retirement benefit on average will only replace 50% to 60% of your preretirement income.

Focusing on retirement preparation early and often—such as calculating your pension payments or discovering the gift of compound interest—can make a massive difference in your long-term financial wellness.

With that in mind, CalSTRS is ramping up efforts to educate younger members, which includes offering an online New Educator Event series from December 6 through 16, 2021.

You can choose to attend one or more of these webinars:

• CalSTRS’ retirement benefits, including survivor and disability benefits.
• Your Retirement Progress Report and why it’s important to check it each year.
• How to purchase service credit and what is considered eligible service.

To learn more and sign up, visit our New Educator Event webpage.

Also review Your Early Career Member Kit for information about how to increase your CalSTRS retirement benefit and save additional money for retirement.

We know you’re busy launching your career in education, but making wise choices for your financial future is crucial. Spend a few hours learning with us now, and you’ll be happy you did for years to come.