Calculate Teacher Retirement – Texas
Texas teachers can assume the following:
10 years of service = 23% of income
20 years of service = 46% of income
30 years of service = 69% of income
For the purpose of entering in a number for general retirement income monthly slot you can use the following calculation.
Total / 20 years = annual total
annual total / 12 = monthly total
enter the monthly total into the calculator