The California Public Employees’ Retirement System Supplemental Income 457 Plan (CalPERS 457 Plan) provides a deferred compensation plan to a public agency and school employers and their employees. The plan is a low-cost, convenient way for employees to save for retirement through payroll deductions. CalPERS acts as the trustee for the deferred compensation assets. The… Read More »
Posts Tagged: CalPERS Benefits
What Kind of Health Benefits Are Offered Under CalPERS?
As an employee, securing employer-sponsored health benefits is important. With rising costs of healthcare and increasing life expectancy, having your employer cover health benefit costs ensures access to the medical care you need to maintain your quality of life. As a municipal employee, you gain access to California Public Employees’ Retirement System (CalPERS) health benefits… Read More »
Why Working for a Firm That Offers Retirement Is Important
You want the option to stop working someday, so it’s important to begin saving for retirement early. One way to do this is by finding a municipal job that provides a retirement plan. One example of a municipal retirement plan is the California Public Employees Retirement System (CalPERS). Because CalPERS offers different types of retirement… Read More »
Why Working for a Firm That Offers Social Security and Medicare Is Important
The relationship between Social Security and Medicare can be confusing. Fortunately, if you work for select organizations in California, including a municipality, you gain health coverage under the California Public Employees’ Retirement System (CalPERS). CalPERS provides a wealth of information regarding Social Security and Medicare to help you determine the benefits you’ll receive and what other steps you should take to… Read More »