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  2. Dec 12, 2022 · To see your benefit factor for each quarter year of age, choose your retirement formula below. Each PDF includes two charts. The first chart shows how the benefit factor increases for each quarter year of age. The second chart shows the percentage of final compensation you will receive.

  3. 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).

  4. Retirement formula: Your retirement formula is determined by your employer’s contract with CalPERS (for example, 2% at age 55). Your retirement formula and your age determine what benefit factor is used to calculate your retirement benefit.

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