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Employees can retire as early as age 50 with five years of CalPERS pensionable service credit unless all service was earned on or after January 1, 2013, then employees must be at least age 52 to retire. There are some exceptions to the 5-year requirement.
Employee (Member) contributions currently range from 5.25% to 10.80% of payroll depending on the class of membership of the employee and when they joined PSERS. Employees are expected to contribute an average of 7.37% of their salary to help fund their retirement benefit in FY 2024/2025.
You can access your PSERS DC account through the PSERS Member Self-Service (MSS) Portal. To start, youll need to register for a MSS account. Click Member Login (MSS). Click the blue Click here to register or login button, then click Register.
Any combination of age and service that totals 92 with at least 35 years of credited service.
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