California Public Employees’ Retirement System (CalPERS)
The California Public Employees’ Retirement System (CalPERS) is the State of California retirement system in which the California State University (CSU) participates. CalPERS is a defined-benefit retirement plan and is coordinated with Social Security. Employees are automatically enrolled if appointed:
- Full-time for a period that exceeds six months;
- Half-time averaging 20 hours per week for one year or longer; or
- Half-time (7.5 units) or more for 3 consecutive quarters.
Employees who are members of the CalPERS system are in the State Miscellaneous, First Tier plan or one of the Public Safety plans, depending on classification.
Retirement benefits are calculated using a defined formula rather than contributions and earnings to a savings plan. The member's years of service credit, age at retirement, and final compensation are used in the formula. Retirement formulas vary based on the member's occupation and their CalPERS membership date. Visit Retirement (requires SJSUOne/CSU login) for additional details (requires SJSUOne/CSU login).
- CalPERS State Miscellaneous and Industrial Benefits Brochure (.pdf)
- CalPERS State Safety Benefits Brochure (.pdf)
CalPERS Retirement Health/Vision/Dental Benefits
If you are vested and retire from a CSU (in a benefit eligible position), you are eligible to continue your Health, Dental, and Vision benefits into retirement.
- Employees hired prior to July 1, 2017 are eligible for Health/Dental with five years of CalPERS service or reciprocity.
- Faculty hired July 1, 2017 or later with no prior CALPERS or CSU service are eligible to continue Health/Dental with ten years of CalPERS service.
- MPP, Confidential, CSUEU (units 2, 5, 7, 9), Academic Support (unit 4), and Skilled Crafts (unit 6) employees who become members of CalPERS on or after July 1, 2018 must have 10 years of service credit with CalPERS to be eligible to enroll in CalPERS Retiree Medical Benefits and CSU Retiree Dental and Vision Benefits.
In order to qualify for health/vision/dental in retirement, you must retire within
120 days of separation from the CSU. Retirees pay the same contribution as active
CSU employees. The vision benefit can be continued at the retiree's expense. For more information see Retirement Benefits.
Savings Plus, Part-time, Seasonal, Temporary Employees (PST) Plan
Currently, all non-CalPERS eligible employees are placed into the Part-Time, Seasonal, Temporary Employees Retirement Program – Section 457 Deferred Compensation Plan. It is administered by the Department of Personnel Administration under the Savings Plus Program.
Employees contribute 7.5% of their gross pay into the PST plan. No employer contributions are made. Employees who participate in the PST retirement program do not contribute to Social Security. For more information, see the PST Fact Sheet.
If you become a CalPERS member after belonging to the PST retirement plan you have two options for your PST funds: 1) Some employees use their funds to purchase CalPERS service credit to add to their years of service, 2) You may be able to request an In-Service Withdrawal, see the 457 Voluntary In-Service Withdrawal Request form for the eligibility rules and the PST website for other options.
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