SamCERA - FAQ - Ready to Retire (General)

 

SamCERA
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Ready to Retire

A guide for SamCERA’s General Members in Plans 1, 2 & 4 who are preparing to embark on the great adventure.

We hope this guide helps you understand and assemble all of the pieces of your SamCERA retirement puzzle.

Before you get serious about retiring make sure your post-retirement income will equal at least 75% of your pre-retirement income so that you can live as comfortably as you do now.

Most General Members wait until they are eligible for Social Security before they retire.

If you would like to view and print Ready to Retire in Adobe Acrobat PDF , click Here.

Q1. How can I estimate My Monthly Benefit?
Q2. Am I Eligible to Retire?
Q3. What can I do to Enhance My SamCERA Benefit?
Q4. What do I Need to do before I Retire?
Q5. What are My Retirement Options?
Q6. How do I get Paid Once I Retire?
Q7. How does the Cost-of-Living Adjustment work?
Q8. What Should I do about Taxes?
Q9. What Should I do about Health Insurance, Life Insurance and Deferred Compensation?
Q10. What Questions do Retirees ask Most Often?
Q11. Sample Application for Service Retirement
Q12. Sample Election of Monthly Retirement Allowance form