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Calstrs Age Factor Chart

Calstrs Age Factor Chart - The age factor is decreased if you retire before age 60 and increased to a maximum of 2.4% if you retire later than age 60. The age factor gradually decreases to 1.1% at age 50 if you retire before age. Career factor* 30 years of credited service increases age factor by 0.2 percent to a maximum of 2.4 percent. Analyzing the outcomes of different retirement ages, contribution levels, and salary scenarios can. The standard age factor is 2% at age 60. The basic age factor for members under calstrs 2% at 60 is 2% at age 60 (the age factor gradually decreases to 1.1% at age 50 if you retire before age 60, and increases to a. If you are on the 2.0 at 60 tier (hired before 2013), then you also get to add 0.2 to your age factor once you reach 30 years of service. For each year beyond these minimums, your age factor multiplier. The calstrs calculator lets you compare numerous retirement scenarios side by side. Calculate an estimate for each annuity type based on various account.

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