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4. The completion of the Member Reciprocal Self-Certification Form does not establish reciprocity and is not a request to establish reciprocity. In order to request that reciprocity be established visit the CalPERS web-site at www. calpers.ca.gov and download the publication When You Change Retirement Systems PUB-16. A member who first established CalPERS membership prior to January 1 2013 who is rehired by a different CalPERS employer after a .

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For the vast majority of California teachers (six out of seven), the CalSTRS defined benefit pension provides greater, more secure retirement income compared to a 401(k)-style plan.

Under state law, you'll receive an automatic benefit increase equal to 2 percent of your initial benefit beginning September 1 after the first anniversary of your retirement. Your retirement date must be before September 1 to receive the annual benefit adjustment on September 1 of the next year.

CalPERS is a defined benefit plan funded by employee contributions, employer contributions, and earnings made on CalPERS investments. Most employees contribute a percentage of their salary, which accrues interest under their individual CalPERS account.

The Difference CalSTRS has a higher lump- sum death benefit than CalPERS. CalPERS pays an additional survivor continuance benefit, regardless of whether you elect a reduced or basic benefit. Both systems generally have the same options available for beneficiary benefits.

In addition, although there is no reciprocity established between CalPERS and the State Teachers' Retirement System (CalSTRS), the Judges' Retire ment System (JRS), the Judges' Retirement System II (JRS II), or the Legislators' Retirement System (LRS), an agreement with those systems provides similar benefits.

Ways to find your CalPERS ID include: Log in to myCalPERS, select Find Your CalPERS ID in the Your Account tile under More Information. Refer to any correspondence from CalPERS, such as your Annual Member Statement. Speak with us by calling 888 CalPERS (or 888-225-7377) or TTY (877) 249-7442.

Working in another state after having worked in a CalSTRS-covered position does not affect the benefits you have already accrued. In fact, if you no longer work in a CalSTRS-covered position, you can leave your money in CalSTRS until you are ready to retire or request a refund.

In California, teachers are offered health insurance plans through the California Public Employee Retirement System (CalPERS).

Reciprocity (Changing Retirement Systems)Reciprocity allows you to move from one retirement system to another without losing your benefits. CalPERS' reciprocal agreement with other California public retirement systems can allow you to coordinate your benefits between the two systems when you retire.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232