Page 6 - HRD Connect Quarter 2 ASR3

Have you created your free CalPERS account already? If not, you are missing out on many valuable resources
regarding your retirement account.

MyCalPERS is a free and easy way to access important information regarding your CalPERS retirement account. At a
glance, you can view your account balance, estimated earliest retirement date, and up-to-date service credit
information. You can also enroll in educational classes, set up a power of attorney, add or change your beneficiaries,
calculate your retirement benefit, and more.

Having a MyCalPERS account also facilitates identifying any missing service credit and submitting a request to purchase
some or all the eligible service credit if necessary. Additional information regarding the different service credit types
available for purchase can be found on this Service Credit Purchase handout or by watching the Service Credit Purchase
YouTube video.

Create your account today by visiting MyCalPERS.

CalPERS offers in-person and virtual instructor-led classes year-round, regardless of how close or far you are to
retirement. Enrolling in these classes is simple and requires just a few clicks. The current instructor lead classes include:

Your CalPERS and You
This is for new members or members who are midway through their careers and are seeking to gain a basic
understanding of their CalPERS benefits. Learn about how your retirement benefit is calculated, available options to
supplement your retirement pension, what happens if you pass away or leave your employer before you retire, the
importance of having a power of attorney on file, and more.

Planning Your Retirement
This is for members within ten years of retirement. It is the most comprehensive class that provides a deeper
understanding of benefits as they begin to prepare for retirement. Learn how your pension is calculated, ways to
increase it, and the payment options available upon retirement to provide for a beneficiary. You also learn about the
CalPERS Special Power of Attorney and employer-contracted CalPERS health benefits.

Your Retirement Application and Beyond
This is for members ready to apply for retirement. If you’ve already completed the Planning Your Retirement class and
are ready to apply for retirement, this class is for you. It provides important post-retirement information, including how
to get your first check on time, changing direct deposit, tax withholdings, and your lump sum death beneficiary after
retirement. This class also provides information regarding the employer-contracted CalPERS health benefits.

CalPERS also offers free educational videos on a variety of topics, including Service Credit Purchase, Your Retirement
Estimate and Payment Options, Power of Attorney, Your Online Service Retirement Application, and many more on their
YouTube page.

Employees may be eligible to use their Employee Wellbeing and Work-Life Resources Paid Leave to attend these classes.
Employees must follow their department’s workplace leave request procedure and receive supervisor approval prior to
participating.

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