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California Public Employees Retirement System - CalPERS.
The California Public Employees Retirement System (CalPERS) is the nations largest public pension system, with more than 2 million members from Californias state, school, and public agency employers .
Retirement Eligibility To be eligible for service retirement, you must have at least five years of CalPERS-credited service and be at least age 50, 52, or 55 depending on your retirement formula . If you have a combination of classic and PEPRA service, you may be eligible to retire at age 50 .
The average pension for all service retirees, beneficiaries, and survivors is $38,292 per year, while service retirees receive $41,040 per year. New retirees who just retired in FY 2021-22 receive $42,828 per year. Overall, 57% of all CalPERS service retirees receive less than $3,000 a month.
Pension Choice includes a pension benefit under the UC Retirement Plan (UCRP), offering a predictable level of lifetime retirement income. Your UCRP pension income is a percentage of your average eligible annual pay, or HAPC (highest average plan compensation), up to the PEPRA maximum ($146,042 for the 2023 Plan year).

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Your CalPERS retirement benefits can work very well in tandem with Social Security to provide you the income you will need during retirement.
The University of California Retirement Plan (UCRP) and the California Public Employees Retirement System (CalPERS) have a reciprocal agreement for UC or CalPERS members. The reciprocal agreement applies to those who join UC or CalPERS within 180 days after leaving the other systems (UC or CalPERS) employment.
CalPERS provides benefits to all state government employees and, by contract, to local agency and school employees.
CalPERS is a defined benefit plan funded by employee contributions, employer contributions, and earnings made on CalPERS investments . Most employees contribute a percentage of their salary, which accrues interest under their individual CalPERS account .
We at UC Investments (The Office of the Chief Investment Officer of the Regents) manage University of California investment funds and provide fiduciary oversight. UC Investments currently manages a portfolio of investments totaling approximately $152 billion, which includes retirement, endowment, and cash assets.

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CalPERS Disability Retirement Election Application

888 CalPERS (or 888-225-7377) TTY: (877) 249-7442 Fax: (916) 795-1280. Page 52. Put your name and Social. Security number or CalPERS ID at the top of every

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Workers Compensation Carrier Request

888 CalPERS (or 888-225-7377) TTY: (877) 249-7442 Fax: (916) 795-1280. Page 2. Claim Number 1. WCAB Number. Date of Injury (mm/dd/yyyy). Body Part(s).

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