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The Teachers’ and State Employees’ Retirement System (TSERS) is a defined benefit plan qualified under Section 401(a) of the Internal Revenue Code. Defined benefit plans use a formula to calculate monthly retirement benefits once eligibility requirements have been met. This handbook explains TSERS benefit
31 Δεκ 2022 · The Teachers’ and State Employees’ Retirement System (TSERS) is a pension plan administered by the North Carolina Total Retirement Plans within the Department of State Treasurer (DST).
Teachers, school administrators, and non-teaching positions in NC school districts (LEAs) are employed by local boards of education but are paid on a state salary schedule based on a number of factors.
10 Σεπ 2024 · The following chart shows the approximate monthly benefit paid under the maximum allowance option at various salary levels, depending on age and creditable service. These are only examples. Your own benefit is calculated individually and depends on your age, creditable service and average final compensation.
The Retirement Estimator is intended to assist you in estimating your monthly (early reduced or regular unreduced) service retirement benefits. It does not calculate disability retirement benefits, and it cannot replace the Retirement System’s actual calculation of benefits when you retire.
14 Σεπ 2022 · State Salary Manual 2022-23 In compliance with federal law, including the provisions of Title IX of the Education Amendments of 1972, the North Carolina Department of Public Instruction does not discriminate
Teachers, school administrators, and non-teaching positions in NC schools are employed by local boards of education but are paid on a state salary schedule based on a number of factors. In addition to the state salary, a local supplement may be provided by the school system.
