Get Calpers Award Letter

Retirement Eligibility To be eligible for service retirement, you must have at least five years of CalPERS-credited service and be at least age 50, 52, or 55 depending on your retirement formula . If you have a combination of classic and PEPRA service, you may be eligible to retire at age 50 .

If you receive a CalPERS benefit payment, have California state taxes withheld, and are moving out of state, you'll need to submit a new signed Tax Withholding Election (PDF) form if you wish to stop California state taxes from being withheld.

The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".

How-to Request a Pension Verification Letter STEP 1: Log in to MyLAFPP. Enter your username and password, then click Log In. Important: Usernames and Passwords are case sensitive. STEP 2: Click Retiree Benefits. STEP 3: Click Request Pension Verification Letter. STEP 4: Enter Information & Submit. Enter Phone Number.

The average pension for all service retirees, beneficiaries, and survivors is $38,292 per year, while service retirees receive $41,040 per year. New retirees who just retired in FY 2021-22 receive $42,828 per year. Overall, 57% of all CalPERS service retirees receive less than $3,000 a month.

Your CalPERS retirement benefits can work very well in tandem with Social Security to provide you the income you will need during retirement.