If I teach summer school and then retire, can my earnings at the summer school pay rate affect my retirement benefit if that compensation is a lower pay rate than my other compensation?
Yes. CalSTRS automatically uses the most recent compensation in calculating a service retirement allowance unless the member designates another period on the Service Retirement Application. Therefore, your lower pay rate just before retirement can lower your retirement benefit if you do not designate a period when your pay rate was higher. Return to top I am a full-time middle school teacher during the year but in the summer serve as a middle school summer school principal. Since summer school is now creditable, will my principal’s salary be used in determining my final compensation if I retire during or at the end of the same school year? Yes, if the pay rate for the summer school service is higher than your contract salary it will used in the calculation of your compensation earnable for the school year. You will receive service credit for the summer school service in addition to the service credit earned for your full-time position. At the end of the school year, CalSTRS determines
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