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1. www.calpers.ca.gov › benefit-factor-chartsBenefit Factor Charts - CalPERS

   www.calpers.ca.gov › benefit-factor-charts

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   Dec 12, 2022 · It’s determined by your age at retirement and the retirement formula based on your membership date with each employer. To see your benefit factor for each quarter year of age, choose your retirement formula below.

   • Service Credit

     Your CalPERS retirement benefits are based on your: Age at...

   • Deferred Compensation

     The CalPERS Supplemental Contributions Plan (SCP) is an...

   • CalPERS

     The minimum retirement age for service retirement for most...

   • Service & Disability Retirement

     Use the Retirement Estimate Calculator to get an idea of...

   • Death Benefits

     CalPERS members are eligible for various death benefits....

2. www.calpers.ca.gov › docs › forms-publicationsRetirement Formulas and Benefit Factors - CalPERS

   www.calpers.ca.gov › docs › forms-publications

   retirement formula 2% at 62. The chart below shows how the benefit factor increases for each quarter year of age from 50 to 67. The chart on the next page shows the percentage of final compensation you will receive. 2% at 62 Retirement Formula — Minimum retirement age is 52 years*

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3. People also ask

   How does the retirement estimate calculator work?

   • The Retirement Estimate Calculator in myCalPERS will automatically use your birth date, years of service, retirement formula, and other account information we have on record. The advantage to using your CalPERS account information is that you’ll receive a more accurate estimate of your future benefits.

   Estimate Your CalPERS Pension - CalPERS PERSpective

   news.calpers.ca.gov/estimate-your-calpers-pension/

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   How do I contact CalPERS?

   • If you have questions, call us at 888 CalPERS (or 888-225-7377). We have included two charts related to the state miscellaneous and industrial retirement formula 2% at 62. The chart below shows how the benefit factor increases for each quarter year of age from 50 to 67.

   Retirement Formulas and Benefit Factors - CalPERS

   www.calpers.ca.gov/docs/forms-publications/benefit-factors-state-misc-industrial-2-at-62.pdf

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   How do I calculate my monthly retirement benefit?

   • It’s simple to use the CalPERS Retirement Estimate Calculator to get an idea of what your monthly retirement benefit might be. If you use the calculator in your myCalPERS account, some of the fields will pre-populate from data your employer has already submitted.

   How to Use the Retirement Estimate Calculator: A ... - CalPERS PERSpect…

   news.calpers.ca.gov/how-to-use-retirement-estimate-calculator-guide/

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   How many CalPERS estimates can I request?

   • You’re limited to two CalPERS-generated estimate requests within a 12-month period. We use your current payroll postings, and we review the estimate letter before you receive it to ensure the retirement calculation is correct. We do not project salary increases, special compensation, or anticipated service credit purchases.

   How to Use the Retirement Estimate Calculator: A ... - CalPERS PERSpect…

   news.calpers.ca.gov/how-to-use-retirement-estimate-calculator-guide/

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4. www.calpers.ca.gov › page › life-eventsRetirement - CalPERS

   www.calpers.ca.gov › page › life-events

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   • Retirement
   • Health Benefits Coverage
   • Long-Term Care
   • Deferred Compensation Plans

   Use the Retirement Estimate Calculator to get an idea of what your monthly benefit might be. You can access the calculator two ways: 1. Log in to myCalPERSto estimate your retirement benefits using the latest data reported by your employer. 2. Use our online calculatorand enter your own data (no log-in is required). Be sure to check out our Retirem...

   See full list on calpers.ca.gov

   If you retire within 30 days of your date of separation from employment, your coverage will automatically continue into retirement.

   If your retirement date is more than 30 days from your separation date, but less than 120 days, you need to contact usfor more information on continuing coverage.

   If your retirement date is more than 120 days from your separation date, you're likely no longer eligible for health coverage.

   See full list on calpers.ca.gov

   If your monthly premiums were paid as a payroll deduction, contact CalPERS Long-Term Careat (800) 982-1775 to see what payment options are available.

   See full list on calpers.ca.gov

   Verify with your employer that they have your correct mailing address. Locate your plan below to identify your next steps.

   See full list on calpers.ca.gov

5. calpers.ca.gov › page › active-membersRetirement Estimate Calculator - CalPERS

   calpers.ca.gov › page › active-members

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   Jun 29, 2015 · Retirement Benefits. Service & Disability Retirement. Retirement Estimate Calculator. Updated: June 29, 2015. Estimate your CalPERS retirement allowance using our online calculator.

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7. news.calpers.ca.gov › how-to-use-retirementHow to Use the Retirement Estimate ... - CalPERS PERSpective

   news.calpers.ca.gov › how-to-use-retirement

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   CalPERS Website. This calculator will require more information from you: Name, date of birth, and planned retirement date. Your final compensation (you must calculate this figure). Amount of unused sick leave. Years of service as of the last fiscal year. Your retirement formula (it’s on your latest Annual Member Statement).

8. news.calpers.ca.gov › estimate-your-calpers-pensionEstimate Your CalPERS Pension - CalPERS PERSpective

   news.calpers.ca.gov › estimate-your-calpers-pension

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   Did you know you can get a personalized estimate of your pension by logging in to your myCalPERS account? The Retirement Estimate Calculator in myCalPERS will automatically use your birth date, years of service, retirement formula, and other account information we have on record.

9. Videos

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     CalPERS Quick Tip | Retirement Estimate Calculator

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10. news.calpers.ca.gov › have-you-checked-yourHave You Checked Your Benefit Factor Chart ... - CalPERS ...

    news.calpers.ca.gov › have-you-checked-your

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    25 years × 2% benefit factor = 50% 50% × $4,500 final compensation = $2,250 unmodified allowance (monthly pension amount) Note: The unmodified allowance is the highest amount payable when you retire. Know Your Numbers.