I am a PA teacher with 10 years to go before retirement. I want to make certain that I am understanding something correctly.
For the heck of it, I went to the PSERS retirement calculator. Am I right in my thinking that I will get a lump sum payment (contributions plus interest), in additional to a monthly pension payment?
I realize there are many different scenarios, options, etc., but right now I am just trying to gather some basic understanding.
For the heck of it, I went to the PSERS retirement calculator. Am I right in my thinking that I will get a lump sum payment (contributions plus interest), in additional to a monthly pension payment?
I realize there are many different scenarios, options, etc., but right now I am just trying to gather some basic understanding.