State Reference Guide - CalPERS

State Reference Guide

July 2024

California Public Employees¡¯ Retirement System

TABLE OF CONTENTS

Introduction ..................................................................................................................... 5

General Membership Information .................................................................................. 10

CalPERS Membership Eligibility ......................................................................... 14

Public Employees¡¯ Pension Reform Act (PEPRA) of 2013 Definition of a New

Member ............................................................................................................. 16

First Tier vs. Second Tier ................................................................................... 23

Account Code Overview ..................................................................................... 24

The Alternate Retirement Program (ARP) (Civil Service Only) ........................... 27

Determining Membership Eligibility Chart ........................................................... 28

Persons Excluded by Retirement Law (PERL) from CalPERS Coverage. ......... 29

Determining Retirement Benefits ........................................................................ 32

Optional Members of CalPERS .......................................................................... 33

CBU 3 or CBU 21 School Employment: CalPERS or CalSTRS ......................... 37

Overtime Positions ............................................................................................. 41

Updating Employee Demographic Information ................................................... 42

Reciprocity .......................................................................................................... 43

Reciprocity Requirements .................................................................................. 45

Provisions Under Full Reciprocity ....................................................................... 46

Other Reciprocal Provisions ............................................................................... 47

Reciprocal Provisions for the University of California Retirement Plan............... 48

CalPERS Provisions with Non-Reciprocal Public Retirement Systems .............. 49

Notifying CalPERS When the Member Changes Retirement Systems............... 50

Service Credit Purchase Options........................................................................ 51

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CSU ¨C Only Membership............................................................................................... 59

The California State University ........................................................................... 60

Pay Rate and Service Credit ......................................................................................... 68

Reportable/Non-Reportable Compensation ........................................................ 69

Service Credit ..................................................................................................... 74

Benefits Procedures ...................................................................................................... 77

Beneficiary Designation (myCalPERS 0772) ...................................................... 81

Reporting an Imminent Death or Terminal Illness/Power of Attorney ................. 83

Death of an Active Member ................................................................................ 84

Information for Family of Deceased .................................................................... 86

Retirement ¨C General ......................................................................................... 88

Service Retirement ............................................................................................. 91

Deductions After Retirement............................................................................... 93

Disability Retirement or Industrial Disability Retirement ..................................... 95

Employment of a Retiree .................................................................................. 103

Reinstatement From Retirement....................................................................... 114

Beneficiary Designation (After Retirement) ...................................................... 118

Death of a Retiree ............................................................................................ 120

Completing the Tax Withholding Election for Death Benefits ........................... 122

Tax & Income Reporting Information ................................................................ 123

Refund of Member Contributions ...................................................................... 124

Forfeiture of Benefits ........................................................................................ 125

IRC Section 415 (B) & the Replacement Benefit Plan ...................................... 126

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Social Security & Public Employees ................................................................. 127

CalPERS Web Services & Publications ...................................................................... 129

CalPERS Web Services ................................................................................... 130

Ordering Forms & Publications ......................................................................... 132

List of CalPERS Publications............................................................................ 133

Education & Other Resources ..................................................................................... 135

CalPERS Education & Events .......................................................................... 136

California Employers¡¯ Retiree Benefit Trust (CERBT) Fund ............................. 139

CalPERS Health Benefits (PEMHCA) .............................................................. 140

CalPERS Long-Term Care ............................................................................... 141

Appendix ..................................................................................................................... 143

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Introduction

Table of Contents

Confidentiality of Member Data........................................................................................6

myCalPERS Member Self-Service...................................................................................6

Headquarters Office Location ..........................................................................................7

CalPERS Customer Contact Center ................................................................................7

CalPERS Regional Offices ..............................................................................................7

About Service Retirement ................................................................................................8

CalPERS is governed by the Public Employees¡¯ Retirement Law and the Alternate Retirement Program

provisions in the Government Code, together referred to as the Retirement Law. The statements in this

publication are general. The Retirement Law is complex and subject to change. If there is a conflict

between the law and this publication, any decisions will be based on the law and not this publication. If

you have a question that is not answered by this general description, you may make a written request for

advice regarding your specific situation directly to the CalPERS Privacy Officer at 400 Q Street,

Sacramento, CA 95811.

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