How can I contact CalPERS?
Regional Offices Open We’re also available by phone Monday through Friday from 8:00 a.m. to 5:00 p.m. at 888 CalPERS (or 888-225-7377).
How do I schedule an appointment with CalPERS?
To schedule any of the appointments below, log in to myCalPERS and select the Education tab, then Appointments. Or call us during business hours at 888 CalPERS (or 888-225-7377).
Does CalPERS have an email address?
CalPERS uses 6 email formats. The most common CalPERS email format is first ‘_’ last (ex. [email protected]) being used 79.2% of the time.
How do I withdraw from CalPERS?
Leaving CalPERS Membership
- Retire. Leave your accumulated contributions in your account and receive a retirement benefit as soon as you meet the minimum retirement eligibility requirements.
- Elect a Refund of Contributions.
- Leave Contributions on Account and Elect to Retire When Eligible.
Can I cash out my CalPERS retirement?
The CalPERS 457 Plan is a retirement savings plan. Generally, you cannot withdraw money from your plan account while you are still employed by your employer. You may, however, make Emergency withdrawals for specific financial hardships prior to separation from employment.
Is CalPERS pension for life?
Service retirement is a lifetime benefit. 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.
Is CalPERS closed today?
Our business hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. All CalPERS offices are closed on state holidays.
When can I retire with CalPERS?
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.
Can I lose my CalPERS retirement?
Once CalPERS membership is terminated, you no longer are entitled to any CalPERS benefits, including retirement. You are eligible for a refund only if you are not entering employment with another CalPERS-covered employer. Applicable state and federal taxes will be withheld from your refund.
Can I collect Social Security and CalPERS?
You can collect both your Social Security and CalPERS benefits if you paid into both systems while working. Typically, your monthly paycheck was reduced by $133.33, representing the amount your employer deducted for CalPERS. Money deducted under the category of FICA went toward Social Security.
Can I cash out my CalPERS pension?
Do I have to pay taxes on my CalPERS pension?
Most pension payments are taxable, and the amount of tax withheld depends on your total income for the year and the income tax withholding election you make. We provide you a tax form by the end of January each year that shows you how much of your CalPERS pension was taxable.