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Do Teachers Get A Lump Sum When They Retire? [Solved]

If you’ve final salary service with a Normal Pension Age of 60 you’ll receive an automatic lump sum when you take your final salary benefits. If you’ve final salary service with a Normal Pension Age of 65, or career average pension, you’ll not receive an automatic lump sum when you take those benefits.

Teacher’s Retirement & Social Security [Complete Guide] | Devin Carroll

If you’re a

Basic Monthly Pension, 18 Months Benefits, 5-Year Lump Sum of Teachers If Decided to RETIRE now

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Should I take a partial lump-sum option from TRS?

Educators and administrators enrolled in the