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You can retire at age 55 with at least five years of service credit. Members under CalSTRS 2% at 60 also have the option to retire at age 50 with at least 30 years of service credit. In addition, if you took a refund and then reinstated, you must have performed at least one year of service after the most recent refund.
When you terminate your CalSTRS-covered position, you can request a refund of your Defined Benefit account contributions and your Defined Benefit Supplement account balance, including interest earned.
Using 30 to 35 years of service is a good rule of thumb for comparing pensions from various states. This means that someone who enters teaching before age 25 with a bachelors and accumulates 30 or more years of service can usually retire sometime between age 55 and 60.
If you submit your application using myCalSTRS, youll receive immediate email confirmation. If you submit a paper application, CalSTRS will mail you a letter acknowledging receipt of your application within three weeks of processing your application.
Youll no longer be a CalSTRS member. Youll cancel your eligibility for your CalSTRS retirement benefit, as well as survivor and disability benefits, unless you return to CalSTRS-covered employment. Any option beneficiary or one-time death benefit designation will be canceled.
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People also ask

How Long Does It Normally Take To Get Approved for Social Security Benefits? The Social Security approval process is relatively speedy, but as it is a government program with a huge number of applicants, you can expect to wait 3-5 months before you get your approval for benefits.
The Express Benefit Report form is used to report accumulated unused sick leave balances and employment termination information from each employer you performed CalSTRS creditable service for during your final year of employment.
If you are employed to perform creditable service on a full-time basis, you will automatically become a member of the Defined Benefit Program on the first day of employment.

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