Here is a link to STRS. If it doesn't go directly, just click "calculator." You can plug in figures including the age of the retiree, the final salary, years of teaching, and come up with a pension from that. I did it many times just before retiring. It's easy.
Here is a retirement benefit for a hypothetical teacher making $66,000, which is pretty typical here:
Unmodified means that is before taxes and doesn't include a survivor benefit. The retiree can opt to accept less, but pass on the pension to a spouse.Here's the information you entered: You plan to retire in 2011
Your age at retirement will be 62 years, 6 months.
Your Years of Credited Service will be 35.541
Your Age Factor based on your birth date, including career bonus, will be 0.02400
Your average monthly salary will be $ 5500
Your estimated benefit includes a Longevity Bonus of $ 400
The unmodified monthly benefit shown below is calculated by multiplying your average salary by your years of credited service and the age factor at the time of your retirement.
Credited Service X Age Factor X Average Monthly Salary = Unmodified Monthly Benefit
YOUR ESTIMATED UNMODIFIED MONTHLY BENEFIT: