Important Things to Consider

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If you are receiving Social Security now, your Social Security benefit may be reduced or eliminated when you begin receiving your CalSTRS benefit. Let the Social Security Administration know when you are planning to retire so that your Social Security benefit can be adjusted. Otherwise, you will have to repay any excess Social Security benefits you receive once you begin receiving your CalSTRS benefit.

If you take a refund, your Social Security benefit may still be subject to offset.

Your annual Social Security statement is based on your projected income and may not accurately reflect the impact of the offsets.

When you receive your annual benefit adjustment each year, contact the Social Security Administration. Your Social Security benefit may need to be adjusted.

You can calculate the potential impact of these provisions online or contact the Social Security Administration at 800-772-1213.