Retirement Programs

Find information on retirement programs offered to full-time employees, and eligible part-time and temporary employees.

CalPERS is a defined benefit plan which provides a retirement benefit based on the employee’s applicable retirement formula, age at retirement, years of service credit, and compensation. Membership is automatic and mandatory for eligible employees.

Classic Members – hired prior to January 2011 – contribute 5% monthly
Classic Members – hired on or after January 2011 – December 2013 – contribute 7% monthly
New (PEPRA) Members – hired after January 2013 – contribute 8% monthly

Welcome to CalPERS: A Benefits Guide for State Members (Pub 4) (PDF)

Eligibility

Based on appointment type, duration, full-time equivalency (FTE), and previous public or reciprocal agency employment. Employees eligible for membership include:

Full-Time Employees: appointments more than six months
Part-Time Employees: working half-time or more (50% or more) for one year or longer
Temporary Faculty are required to enter CalPERS membership commencing with the third consecutive semester appointment at half-time or more (7.5 WTU’s or more)
- Example #1
  - Fall Semester – 8 units
  - Spring Semester – 8 units
  - Fall Semester – 8 units & now CalPERS eligible
- Example # 2
  - Fall Semester – 8 units
  - Spring Semester – 8 units
  - Fall Semester – 6 units – eligibility would begin over again

MyCalPERS Account

To register for an account, open myCalPERS then select Register Now and follow the steps. Once you’ve logged in to your account, you’ll notice the Home, Retirement, Health, Statements, and Education tabs. Each tab has different features and actions you can take.

While in your my CalPERS account, you can:

Designate your beneficiaries
Send a secure and confidential message
Download publications
Subscribe to CalPERS Member Education Bulletin

Visit Using myCalPERS to learn how to register, recover your username and password, and find your CalPERS ID.

For further questions, contact CalPERS at (888) 225-7377.

The Part-Time, Seasonal, and Temporary Retirement Program (PST Program) is a retirement savings plan for employees who are not eligible for CalPERS. Employees enrolled in the PST Program are required to contribute 7.5% of gross wages that are withheld automatically on a pre-tax basis and deposited into a 457 Deferred Compensation Plan through Savings Plus.

CalPERS Membership Eligible

Once an employee meets CalPERS eligibility, contributions to the PST program will no longer be taken. The balance in the PST account will automatically be transferred 75 days after notification of CalPERS eligibility to the Savings Plus 457 Plan; however, employees may use their balance in the 457 Plan to purchase service credit with CalPERS.

To purchase CalPERS Service Credit, log in to myCalPERS, go to the Retirement tab, select Service Credit Purchase followed by the Search for Purchase Options

For additional information, please refer to PST Employees Retirement Program Brochure (PDF) or visit Savings Plus or call 855-616-4776.

Voluntary Retirement Programs

Fidelity Supplemental Retirement Plan 403(b) is a voluntary retirement plan that allows eligible employees to save for retirement by investing monthly pretax, or aftertax Roth contributions.

A minimum of $15 a month and a maximum pre-tax/post-tax of $23,500 annually for 2025. Employees may enroll or cancel at any time. To access enrollment, deferral, and investment information, you can:

Visit the Fidelity Website
Call Fidelity at 877-278-3699 and mention CSU Plan number 50537
Speak with a Workplace Financial Consultant at Appointment Scheduler
Fidelity Webinars (PDF)

Savings Plus is a voluntary retirement program allows you to supplement your retirement benefits through pre-tax and Roth payroll contributions. Our 401(k) and 457(b) plans help bridge any gap between what you have in your pension, savings and Social Security and how much you will need in retirement.

A minimum of $25 per month, per plan and a maximum pre-tax/Roth of $23,000 annually. Employees may enroll or cancel at any time. To access enrollment, maximum contribution amounts, catch-up allowances, and investment information, you can: