Common use of California Public Employees’ Retirement System (CalPERS Clause in Contracts

California Public Employees’ Retirement System (CalPERS. The retirement benefit is based on years of creditable service, average salary of the highest year of service, and age at which you plan to retire. An employee can also designate their highest year of service for retirement benefit purposes. Contact CalPERS directly for pension eligibility and options. A booklet containing more detailed information on CalPERS is provided to each classified employee during the new hire process. Also, go to xxx.xxxxxxx.xx.xxx for additional information.

California Public Employees’ Retirement System (CalPERS. The retirement benefit is based on years of creditable service, average salary of the highest year of service, and age at which you plan to retire. An employee can also designate their highest year of service for retirement benefit purposes. Contact CalPERS directly for pension eligibility and options. A booklet containing more detailed information on CalPERS is provided to each classified employee during the new hire process. Also, go to xxx.xxxxxxx.xx.xxx for additional information. Employees working less than four hours per day are required to participate in APPLE. More information on APPLE is available in the Division of Human Resources.