TeachersRetire
04/19/2023
Choosing a PSERS pension option is one of the most important retirement decisions for educators. With 5 options to choose from, it can be a little difficult to know which is best for you and your family.
Learn everything you need to know about each PSERS pension option in 5 minutes or less. Let's get started with the Maximum Single Life Annuity- the option that gives you the most income each month.
PSERS Pension Options Explained in 5 Minutes or Less- The Maximum Single Life Annuity - TeachersRetire The Maximum Single Life annuity (MSLA) provides you the highest monthly payment of all the PSERS pension options. As you may guess, there is a tradeoff for that bigger monthly check. As with each pension option, the tradeoff for the amount of income you receive is what happens with your pension afte...
04/13/2021
Most PA educators have heard that they can take a lump sum withdraw from PSERS at retirement. However, there are a lot of questions and misconceptions about how it works and how taking the withdraw impacts your pension.
Let's answer your top 5 questions about the PSERS lump sum withdraw.
The PSERS Lump Sum Withdraw: Your Top 5 Questions Answered - TeachersRetire There is a lot of confusion about the PSERS lump sum withdrawal. We often hear questions like: What is it and how does it work? What can I do with it? Should I take it out or keep it in? What does it mean for my pension benefits? These questions are especially important for PSERS […]
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