CL 200-056-15 REVISED SERVICE PRIOR TO MEMBERSHIP SERVICE CREDIT REQUEST FORM - calpers ca 2025

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In general, you can retire at age 50 with five years of service credit unless all service was earned on or after January 1, 2013. After that, you must be at least 52 to retire.
If you enter into employment with a reciprocal retirement system, the California State Teachers Retirement System (CalSTRS), the Judges Retirement System (JRS), the Judges Retirement System II (JRS II), or the Legislators Retirement System (LRS) within six months of leaving your CalPERS-covered employment, you are
The majority of members electing the Unmodified Allowance and Option 1 live beyond 10.71 years after their retirement date. Based on this data, the Unmodified Allowance was the better Option for this population.
Service Prior to Membership is if you worked for a CalPERS employer prior to becoming eligible for membership. This may include part-time, temporary, on-call, permanent intermittent, or seasonal work.
You earn service credit for each year or partial year you work for a CalPERS-covered employer. It accumulates on a fiscal year basis (July 1 through June 30) and is one of the factors we use to calculate your future retirement benefits.
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Several types of prior service may be purchased and included in your total years of service. Purchasing service credit can increase your retirement benefit* and, in some cases, allow you to retire earlier.
Its very much worth it to purchase service credit if youre early in your career and doing so wont jeopardize your current financial situation. Later in your career, its less of a sure thing. Still, your CalPERS pension will typically pay out more than you put in within 5-7 years of being retired.