Possessing an extensive background in wealth planning strategies, Chester (C. Edziu) Pacana aims to help his clients to safeguard their principal while developing steady retirement income streams. As a conservative wealth management planner with Pacana Conservative Wealth Management in Tennessee, Chester Pacana creates individualized financial programs based on each client’s retirement needs. He is well-versed in state retirement plans, such as the Tennessee Consolidated Retirement System (TCRS).
Considered one of the top-performing pension plans in the country, the TCRS manages retirement, disability, and survivor benefits for Tennessee state and local government employees, including teachers, higher-education personnel, and their families. The pension fund has more than $45 billion under management and handles retirement benefits for over a quarter of a million members and some 150,000 retirees. After a five-year vesting period, teachers who remain in the system for 30 years or until the age of 60 will receive a monthly retirement benefit. The annual benefit total is determined by factoring years of active teaching, retirement age, and average compensation. The TCRS also offers early-retirement and death benefit options for eligible members.
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AuthorChester Pacana - Experienced Conservative Wealth Management Planner. Archives
July 2019
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