Search results
Jul 30, 2020 · The Court’s decision will likely have little immediate impact on public agencies. A positive outcome for public employers is that the Court approved a modification impairing pension benefits without requiring offsetting advantages. However, the decision is limited in its application.
Sep 18, 2016 · After state workers won richer retirement benefits, unions representing teachers, police, firefighters and other local employees demanded similar benefits, and got them in many cases.
- Jack Dolan
- How much money am I going to get? The answer is always, “Let’s run an estimate and find out.” Since you’re basing life decisions on these numbers, it’s a good idea to use the myCalPERS Retirement Estimate Calculator, which will give estimates based on your specific information.
- What’s the best day to retire? For each person, that magic date varies. There are three dates that may have a financial impact: fiscal year, birthday quarter, or cost-of-living adjustment (COLA).
- When will my benefits run out? Your lifetime benefits do not end when your contributions are exhausted.
- Can I get CalPERS health benefits in retirement? As a retiring member, you can only get the coverage that is offered through your employment, and you must apply for coverage within 120 days of the date of separation (the date you leave the CalPERS-covered job).
If you stop working but don’t submit your retirement application within 120 days, your retiree health and/or dental benefits can be impacted, as well as the possibility of not having any unused sick leave used in your pension calculation, if your employer contracts for this benefit.
The Terrorism Risk Insurance Act (TRIA) created a temporary federal program that provides for a transparent system of shared public and private compensation for certain insured losses resulting from a certified act of terrorism.
You can apply online, by paper form, or through the help of an advocate. See instructions on our How to get compensated page. What are the time limits for filing an application?
Learn more about your retirement plan and how to maximize your benefits by using any of our retirement planning resources: Calculate your retirement benefit with our retirement estimate calculator. Understand your benefit factors by viewing the benefit factor charts.
