Calpers retirement forms 2025

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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
In the case of early retirement, a benefit is reduced 5/9 of one percent for each month before normal retirement age, up to 36 months.
If you have multiple retirement benefit formula ages, the highest benefit formula age applies, up to the maximum normal retirement age of 62 (i.e., age 62 for the 1.25% at 65 formula). You must wait 180 days after your retirement date before you can return to work for a CalPERS employer.
Provide the name, Social Security number or CalPERS ID, birth date, relationship to you, priority (primary or secondary), and address of the beneficiary you designate to receive any lump-sum balance of your remaining member contributions or the balance of your temporary annuity benefit after your death.
960-Hour Limit The hours you work cannot exceed 960 hours in a fiscal year (July 1 through June 30) for employment with all CalPERS employers combined . There are no exceptions to this limit.
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You can submit your paper or online application when you are within 120 days from your retirement date. For more information about your retirement benefits, visit our website at .calpers.ca.gov.
Under most benefit plans, members become vested after 5 years. Notably, the Public Employees Pension Reform Act (PEPRA) changed benefit formulas for those hired on or after January 1, 2013. Visit our PEPRA page for more information.

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