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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Let’s say you work 17 years in Maryland as a teacher and retire at age 65.

I’ll assume you are making $100k in your last five years. The Maryland teacher pension calculator says you can collect $2125 a month in pension starting at age 65.

https://marylandeducators.org/career-resources/pensions/pension-calculator/

That pension will likely not be taxed by Maryland at all since it is below the ~$30k pension exclusion. If you stay on the school insurance that might mean $300-$400 a month subtracted from your monthly pension.

I am not sure it is worth the risk that you might leave before 10 years.  That’s quite a commitment to what can be a tough job as a beginner.[/quote]

When would I be eligible to retain the insurance (the earliest I can quit and yet have the employer insurance )? [/quote]

In MD for anyone hired after July 2011 it is age plus years of service equals 90 OR age 65.  So you would not be eligible for retirement benefits until age 65.  I work for MCPS and you can keep MCPS health care (along with Medicare), but you do have to pay for it when I retire.  For me it is like to be $300-400 per adults.  When you hit age 65 you have sign up for Medicare as well.[/quote]

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