Teammate Handbook Cover

Special Compensation Certain items such as special compensation earned during your fnal compensation period may be included in your fnal compensation. Contact CalPERS if you are unsure which items of special compensation can be included.

Estimating Your Retirement Benefit

More Than One Year From Retirement You have two options for generating retirement estimates when you are more than one year from your expected retirement date. The frst option is to log in to my|CalPERS at my.calpers.ca.gov , which requires a username and password, to obtain an estimate that incorporates data your employer already reported to CalPERS. You can generate a variety of scenarios and save them in my|CalPERS for future reference. The second option is to use the CalPERS Retirement Estimate Calculator on our website at www.calpers.ca.gov . This online calculator allows you to generate multiple estimates, customizing them to include projections based on: • Career plans • Expected promotions or pay increases • Special compensation • Possible changes to your time base

• Any expected formula changes • Alternative retirement dates • Additional service credit

The estimate will provide only the Unmodifed Allowance. You can print but not save estimates produced using this calculator.

C a l P E RS Memb e r P u b l i c a t i o n | L o c a l M i s c e l l a n e o u s

8

Made with FlippingBook Annual report