Human Resources

Q:

Teacher & Employee Retention Incentive (TERI): N. How is my retirement benefit calculated?



A:

The S.C. Retirement System provides extensive online information concerning how your retirement benefit is calculated at: http://www.retirement.sc.gov/publications/select.pdf. Retirement calculators are available a t http://www.retirement.sc.gov/calculators/default.htm.  The average of your twelve highest consecutive quarters is used to calculate your average final compensation.




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