Retirement Benefits

CalPERS Pension Plan

Regular, benefited employees are members of the California Public Employees’ Retirement System (CalPERS). Both the employee and the employer contribute to the CalPERS pension plan. The amount of the CalPERS employee deduction for new hires (hired after 1/1/13) is seven percent and is taken pre-tax. Employees are eligible to retire at age 52 with five years of service. Normal retirement age for new employees is considered to be age 62 when an employee would be eligible to receive two percent of their average monthly final compensation for every year of service as a monthly pension. Employee contributions to the CalPERS system can be refunded if the employee terminates prior to retirement.

Retirement Plan Name Employer ID Number # ID Number #
California Public Employees’ Retirement System (CalPERS) 5301694017 employees are assigned a unique CalPERS ID # at the time of hire

Forms and Resources

Retirement

457 - Vacation Conversion Form

Fill out this form to participate in the Vacation Conversion Program and save extra vacation hours for retirement
Size: 110.96 kb
Hits: 45
Date modified: 10 - 05 - 2018

CalPERS Retirement Website

The website for information about CalPERS retirement.
Size: n/a
Hits: 111
Date modified: 05 - 21 - 2018

How to Register for MyCalPERS Online Access

Instructions for how to register for access to the CalPERS website.
Size: 95.20 kb
Hits: 178
Date modified: 05 - 21 - 2018

How to Register for CalPERS Retirement Classes

Instructions for how to register for CalPERS classes to help plan and apply for retirement. Classes are in San Luis Obispo.
Size: 273.12 kb
Hits: 172
Date modified: 05 - 21 - 2018

How to Create a Retirement Estimate on MyCalPERS

Go to this page to learn how to create a retirement estimate.
Size: 110.93 kb
Hits: 172
Date modified: 05 - 21 - 2018

CalPERS Retirement Beneficiary Form

Use this website to access instructions and forms for designating beneficiaries for retirement.
Size: n/a
Hits: 119
Date modified: 05 - 21 - 2018