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Calpers 2 At 62 Chart

Calpers 2 At 62 Chart - The formula is 2% at 62. All except state public safety. The first chart shows how the benefit factor. If you retire after age 62, the age factor. If you retire before age 62, the age factor gradually decreases to 1.16% at age 55. To see your benefit factor for each quarter year of age, choose your retirement formula below. Once you know your retirement formula, go to our benefit factor charts webpage to select the chart for your formula (you can view, print, or save your pdf document). Calpers retirement formulas state misc tier 1: Ects a portion of the current normal cost rate. So if you retire after 30 years of service at 62 years old, and your 3 highest consecutive earning years are $50k, $60k, and $70k, you would get 2% *.

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