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Other Programs
CALPERS RETIREMENT
The City has contracted with CalPERS to provide retirement benefits and medical coverage after
you retire. To be eligible for service retirement, you must be at least age 50 (or 52 for
Miscellaneous members subject to Public Employees’ Pension Reform Act (PEPRA)) and have a
minimum of 5 years of CalPERS-credited service. To be eligible for retiree medical coverage, your
CalPERS retirement date must be within 120 days of separation from the City.
Three factors are used to calculate your retirement benefits:
Service credit – It accumulates on a fiscal year basis from July 1 through June 30
Benefit factor – This is determined by your age at retirement and retirement formula that
is contracted for your employee group.
Final highest year (12 consecutive months average, or 36 months average for members
subject to PEPRA) of compensation
Who is Eligible For Coverage?
All regular full-time and part-time employees, and casual employees who are pre-existing
CalPERS members.
When Are You Eligible For Coverage?
The first day of your employment.
If you have questions or comments regarding the CalPERS retirement plan, please contact the
Department of Human Resources at (408) 730-7490.