How does calpers reciprocity work

To inquire about your options and the potential impact to your retirement benefits should you join a reciprocal agency, email SFERS at sfersconnect sfgov. An appointment is not required to make an election for reciprocity.

How Do I…? Terminated employment with the City and County of San Francisco and became a member of a reciprocal system within six 6 months after your termination date with City and County of San Francisco. If you elect reciprocity, you must be completely separated from City employment before becoming a member in a new reciprocal plan membership in two retirement plans at the same time is not permitted.

Share this Page:. Reciprocity Reciprocity is a feature that recognizes the mobility of the work force. The benefits of reciprocity Both systems will consider your combined service credit for the purposes of vesting and eligibility for retirement. If your original entry date into the reciprocal system was prior to January 1, you will be eligible for membership in Plan A. If you are in Plan A, your age of entry into retirement in the subsequent system will be the age of entry into the first system.

This lower age could result in a lower contribution rate in the later system. Your date of membership in the first system will be used by the reciprocal systems to determine your plan membership in the reciprocal system. At retirement, each system will provide you with a benefit based on the service credit in that system, the system's own benefit formula, and your highest salary from either retirement system. Eligibility requirements for reciprocity The other system must be a California public service agency that meets one of the following criteria: a county with a retirement system established under the County Employees Retirement Law of a CalPERS member agency another California public retirement system having reciprocity with CalPERS You must make an election with the system you leave to establish reciprocity.

You must leave active membership in one system and enter active membership in the next system within six months. There can be no overlapping time. In other words, the termination date from the first system must pre-date the start date in the following system.