Transcription of State Reference Guide - CalPERS
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State Reference Guide - CalPERS
State Reference Guide March 2020. California Public Employees' Retirement System TABLE OF CONTENTS. Introduction .. 5. General Membership Information .. 10. CalPERS Membership Eligibility .. 14. Public Employees' Pension Reform Act of 2013 (PEPRA) Definition of a New Member .. 16. First-Tier vs. Second-Tier .. 20. Account Code Overview .. 21. The Alternate Retirement Program (ARP) (Civil Service Only) .. 24. Determining Membership 25. Positions Excluded by Retirement Law (PERL) from CalPERS Coverage.. 26. Determining Retirement Benefits .. 28. "Optional" Members of 29. CalPERS or CalSTRS? .. 33. Overtime Positions .. 40. Updating Employee Demographic Information.
5 I NTRODUCTION This Guide is designed to help you in your preparation of information for CalPERS. The Guide is divided into the following sections:
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