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2014 4.9 Satisfied (450 Votes)
2008 4.3 Satisfied (43 Votes)
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CalPERS is a 401(a) Defined Benefit Plan. This means that your benefit amount is determined by a formula and not what you contribute to the plan. Once you're eligible and you retire, you benefit is payable for life.
Log in to myCalPERS, select Find Your CalPERS ID in the Your Account tile under More Information. Refer to any correspondence from CalPERS, such as your Annual Member Statement. Speak with us by calling 888 CalPERS (or 888-225-7377) or TTY (877) 249-7442.
Health Net Mobile App | CalPERS.
The average pension for all service retirees, beneficiaries, and survivors is $36,852 per year, while service retirees receive $39,372 per year. New retirees who just retired in fiscal year 2020-21 receive $45,516 per year. Overall, 59% of all CalPERS service retirees receive less than $3,000 a month.
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