Do you have 5 or more years until retirement?
Are you interested in increasing your retirement earnings substantially?
Let’s talk about St. Mary’s Academy Charter School’s Section 218 Agreement and what it could mean to you if you join our team and retire with us!!!
Example:
TRS Member retires from a school without a Section 218 agreement. If the TRS Member has Social Security earnings: (Many do not have SS earnings so the first calculation would be $0.00)
Social Security Minus Offset Equals Monthly payment Annual payment
$1173 - $498 = $675 mo. $8,100 annual
TRS Member retires from a school with a Section 218 agreement collects spouse social security.
Spouse living collect ½:
Social Security Minus Offset Equals Monthly payment Annual payment
$1,209.50 - 0 = $1,209.50 mo. $14,514 annual
Widowed collect 100%:
Social Security Minus Offset Equals Monthly payment Annual payment
$2419 - 0 = $2,419 mo. $29,028 annual
INTERESTED in seeing your numbers???
Let’s Talk!!!
St. Mary's Academy Charter School, 410 N Tyler, Beeville, Texas 78102
Mailing: 507 N. Filmore, Beeville, Texas 78102
Phone: (361) 358-5601
Fax: (361) 358-3503
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