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When It’s Pension Plan vs. Social Security

Jo G., a retired teacher from Chula Vista, Calif., wonders what impact her pension from the California State Teachers’ Retirement System, known as Calstrs, will have on the widow’s benefit of her husband’s Social Security. “As of today, my Calstrs pension is $2,938.65,” she writes. “The amount of Social Security that my husband will receive when he retires will be approximately $1,423 each month.” Read more…

 

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