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Tment. CalPERS membership is mandatory once an employee qualifies. CalPERS is a defined benefit plan which provides retirement benefits that are calculated using a formula. Please refer to the power point presentation on the Benefits website for more detailed information on CalPERS retirement: http://www.humboldt.edu/forms/sites/forms/files/Retirement.pdf IMPORTANT INFORMATION FOR LECTURERS/COACHES: Eligibility for CalPERS membership requires appointment in 3 consecutive semesters at.

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