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Unlike the optional 403(b)/457(b) retirement plans, CalPERS is the California Public Employees' Retirement System that manages pension benefits to classified employees. If you are a classified employee or have worked 1,000 hours (within one school year), you automatically become a member of CalPERS

www.calpers.ca.gov - CalPERS website

www.mycalpers.ca.gov - Access your personal CalPERS benefits

 

CalPers Contribution Rates
CalPERS 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
Classic  (2% at 60) Employee Rate 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00%
PEPRA (New Member) 2% at 62 Employee Rate 6.00% 6.00% 6.50% 7.00% 7.00% 7.00% 7.00% 8.00% 8.00% 8.00% 8.00%
District Contribution Rate (Employer) 11.85% 13.89% 15.53% 18.06% 19.72% 20.70% 22.84% 25.37% 26.68% 27.05% 26.81%

 

 

 

 



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