CHOOSING A RETIREMENT DATE
For information related to a
variety of retirement issues,
refer to the District issued Reference Guided. REF-1450 California
State Teachers’ Retirement
System (CalSTRS) Information. REF-1450.3
To request a copy of the CalSTRS
Member Handbook, contact CalSTRS by phone: (800) 228-5453; or click
on the link: CalSTRS Publications
CalSTRS Retirement Counselors.
Make an appointment for an individual
session with a CalSTRS Retirement Counselor to help you calculate
your retirement allowance and determine the retirement date that
best meets your individual circumstances. Appointments may be requested
by telephoning the CalSTRS office at, (800) 228-5453.
Effective Dates for Resignation and Retirement.
The retirement date will be
the first day the employee’s retirement benefits begin with CalSTRS
(may be a Saturday or Sunday). The
resignation date with the District will be the day immediately
preceding the employee’s retirement date (which may be a Saturday
or Sunday). Typically, the
resignation date is the end of the employee’s last day of paid
service or leave of absence.
What to consider when choosing your retirement date.
Various issues should be considered for determining the effective
dates for resignation and retirement, notwithstanding individual
circumstances. These include but are not limited to:
Completion of your contract
year in order
to get a full year of service credit with CalSTRS
Your age at retirement
Years of credited service
The District's Lump Sum Bonus
for eligible employees
CalSTRS Annual Benefit Adjustment
CalSTRS Medicare Part A Premium
Payment Program for eligible members
CalSTRS Benefit Enhancement,
including Career Factor, One Year Final Compensation, and Longevity
Retirement and resignation
dates which must be immediately consecutive in order to meet
an eligibility requirement to apply for continuing health benefits
HR Mission Statement:
The Human Resources Division will staff all schools and
offices with qualified certificated employees who will educate
and support our diverse student population.