APPROVED: A 1.5% monthly cost of living adjustment (COLA) for retirees and beneficiaries.The COLA will be paid as a 1.5% increase as of July 1, 2022 with the following stipulations: must have a retirement effective date on or before 12/01/2021 for the July 2022 COLA, and non-disability retirees must be at least 45 years of age or older.. .Employees who became members of
Industrial DisabilityRetirement is available to most safety workers whose work related injury renders that employee substantially incapacitated, and prevents the employee from performing the usual duties of his or her position. The primary advantage of IDR is that the first 50% of monthly gross earnings is non-taxable.
To support requiring re-evaluation, CalPERS relies on Government Code section 21192, which gives authority to the employer from whose employment a person was retired to require any recipient of a disability retirement allowance under the minimum age for voluntary retirement for service applicable to members of his or her class to undergo a medical
California Public Employees’ Retirement System (CalPERS) Service Retirement Election Application 2 Unit, District Office PERS-BSD-369-S CalPERS Phone: (888) 225-7377 Web: calpers.ca.gov Retirement Services CalPERS Benefit Services Division Submit a copy of Section 7 to Retirement Unit prior to submitting “ ...