If you’re a teacher or public employee in New Jersey looking for some clarification on your pension and how it works, in an easy to digest format that is in simple terms, then this video is for you!

We will cover the pension tiers, vesting, service crediting, service credit purchases, final average salary, pension loans, group insurance within the pension system, the different types of retirement, disability retirement, and withdrawal.

NJ Member Benefit Online System Login (MBOS): https://my.state.nj.us/aui/Login

NJ TPAF Member Guidebook: https://www.state.nj.us/treasury/pens...

NJ PERS Member Guidebook: https://www.nj.gov/treasury/pensions/...

Apply to become a P.E.R.T. Retirement Roadmap Member here: https://www.publicemployeeretirementt...
*You MUST be an active or retired teacher or public employee to apply*

For ALL Teachers & Public Employees:
*Get a glimpse into your future financial situation by looking at your pension and social security income at various ages in retirement.*

A Pension, Social Security, and Income Gap Report is a comprehensive report that will detail your projected pension income, social security income, and income shortfall at different ages throughout retirement adjusted for inflation. This report is based on YOUR specific information (age, pension system, years of service, tier based on enrollment date, income, etc.)

See what your income shortfall will be (the difference between your working salary and retirement income) so that you know exactly what you'll need to save to bridge that gap.

Learn what your beneficiaries will receive and what the potential cost of each beneficiary option is so you don't choose the wrong one.

We can generate this report in any of the 50 states regardless of what pension plan you are a member of!

See a sample report and get your personalized report here: https://www.publicemployeeretirementt...

Want to learn more and see more lessons like this? Check out the P.E.R.T. Retirement Roadmap for Teachers & Public Employees. This is a comprehensive, simple, and easytofollow guide taking you from A to Z on how to get started and understand exactly what you need to know and do in order to prepare for retirement and be financially well! You'll get lifetime access to 7 modules of ondemand, elearning content that will lead down the path to becoming financially well and prepared for retirement.

Get a sneak peak inside of the P.E.R.T. Retirement Roadmap HERE: https://www.publicemployeeretirementt...

Want to talk with a retirement advisor from the P.E.R.T. team about the Retirement Roadmap? Schedule a call HERE: https://calendly.com/pertretirement/...

Learn more about P.E.R.T. here: https://linktr.ee/perteducation

The information contained on this channel, including any products or concepts mentioned, is for general educational and informational purposes only and should NOT be considered a recommendation, financial, tax, legal or investment advice. Always consult with your financial and/or tax professional.

#NJteachers #NJteacherspension #NJperspension