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  2. www.calpers.ca.gov › health-benefitsHealth Benefits - CalPERS

    Your Health Plan Details. Open Enrollment takes place each fall. 2024 Open Enrollment will take place from September 16 to October 11. Changes made during Open Enrollment take effect January 1, 2025. Explore the Resources.

  3. news.calpers.ca.gov › your-top-10-retirementYour Top 10 Retirement Questions Answered - CalPERS PERSpective

    • How much money am I going to get? The answer is always, “Let’s run an estimate and find out.” Since you’re basing life decisions on these numbers, it’s a good idea to use the myCalPERS Retirement Estimate Calculator, which will give estimates based on your specific information.
    • What’s the best day to retire? For each person, that magic date varies. There are three dates that may have a financial impact: fiscal year, birthday quarter, or cost-of-living adjustment (COLA).
    • When will my benefits run out? Your lifetime benefits do not end when your contributions are exhausted.
    • Can I get CalPERS health benefits in retirement? As a retiring member, you can only get the coverage that is offered through your employment, and you must apply for coverage within 120 days of the date of separation (the date you leave the CalPERS-covered job).

  4. news.calpers.ca.gov › 5-myths-about-your-calpers5 Myths About Your CalPERS Retirement

    • My retirement benefit will increase indefinitely with age. Fact: Pension payments are calculated using a retirement formula based on years of service credit, age at retirement, and final compensation.
    • There’s no timeframe to submit my retirement application. Fact: Once you’re eligible to retire, CalPERS notifies you of your eligibility, but we don’t tell you when to retire.
    • If I work for two CalPERS employers, but only one of them reports payroll and service credit to CalPERS, I only have to stop working from the employer reporting to CalPERS when I’m ready to retire.
    • My highest salary earned during my CalPERS-covered employment will be used to calculate my retirement benefits. Fact: It’s true that we use a 12-month or 36-month average of your highest annual compensation when you have all classic or all PEPRA service.

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  6. www.calpers.ca.gov › health-proceduresHealth Procedures - CalPERS

    Effective Dates. Retroactive Health Premium Reimbursements. Find information for employers on health enrollment, transactions, reason codes, effective dates, and the Affordable Care Act (also known as Obamacare).

  7. news.calpers.ca.gov › whats-new-for-calpers-healthWhat’s New for CalPERS Health Plans and Benefits in 2023?

    The 2023 preliminary health plan premiums were presented to the Pension & Health Benefits Committee on June 14. On July 12, the board will adopt the final premiums, which will take effect January 1, 2023. The preliminary and final health premiums will be available on the Plans & Rates page.

  8. retiree.uhc.com › content › damYour Plan Explained 2023 - UHC

    Jan 1, 2023 · For CalPERS Members Effective January 1, 2023 to December 31, 2023 This is a short summary of your plan benefits and costs. See your Summary of Benefits for more information . Or review the Evidence of Coverage for a complete description of benefits, limitations, exclusions and restrictions.

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