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Can you transfer NJ pension to another state?

Unfortunately, pensions arent portable like other retirement accounts. You cant simply transfer your account from one state to another, and you will likely lose service time. However, you may be able to retain at least some of your benefits depending on whether youre vested.

Will my pension change if I move to another state?

No matter where in the United States you live, your Social Security retirement, disability, family or survivor benefits do not change.

How much do retired NJ teachers Make?

Didnt find your job? How much does a Retired Teacher make in New Jersey? The average Retired Teacher salary in New Jersey is $83,705 as of November 23, 2022, but the range typically falls between $75,186 and $93,616.

How do I start the process to retire?

Visit .ssa.gov/retire to apply. For more information, read our publication, When to Start Receiving Retirement Benefits (Publication No. 05-10147) and visit the Retirement Portal. The most convenient way to do business with us is to visit .ssa.gov to get information and use our online services.

Do NJ teachers get benefits for life?

By offering teachers lifetime pensions and health benefits, New Jersey hopes to retain a high-quality teaching force.

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