CalPERS Retirement Calculator

All 32 CalPERS retirement formulas — free, instant, private

✓Official benefit factor tables · No login required

Select your CalPERS retirement formula below to calculate your estimated pension benefit. Each calculator uses the official benefit factor table published by CalPERS, shows a full calculation breakdown, and links to the source PDF. Not sure which formula you have? Check your pay stub, myCalPERS account, or employer retirement documents.

School

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2% at 55 Calculator

Classic school members hired before 1/1/2013

Ages 50–63 · Classic

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2% at 62 Calculator

PEPRA school members hired on or after 1/1/2013

Ages 52–67 · PEPRA

State Miscellaneous & Industrial

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2% at 55 Calculator

Classic state miscellaneous & industrial members

Ages 50–63 · Classic

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2% at 60 Calculator

Classic state miscellaneous & industrial members

Ages 50–63 · Classic

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2% at 62 Calculator

PEPRA state miscellaneous & industrial members hired on or after 1/1/2013

Ages 52–67 · PEPRA

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1.25% at 65 Calculator

Classic state miscellaneous & industrial members (older formula)

Ages 50–65 · Classic

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1.25% at 67 Calculator

Classic state miscellaneous & industrial members (older formula)

Ages 55–67 · Classic

State Safety

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2% at 50 Calculator

Classic state safety members

Ages 50–55 · Classic

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2% at 55 Calculator

Classic state safety members

Ages 50–55 · Classic

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2% at 57 Calculator

Classic state safety members

Ages 50–57 · Classic

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2.5% at 55 (State Safety) Calculator

Classic state safety members

Ages 50–55 · Classic

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2.5% at 55 (Peace Officers & Firefighters) Calculator

Classic state peace officers & firefighters

Ages 50–55 · Classic

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2.5% at 57 Calculator

Classic state safety members

Ages 50–57 · Classic

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2.5% at 60 Calculator

Classic state safety members

Ages 50–60 · Classic

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2.7% at 57 Calculator

PEPRA state safety members hired on or after 1/1/2013

Ages 50–57 · PEPRA

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3% at 50 Calculator

Classic state safety members (highest factor formula)

Ages 50–50 · Classic

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3% at 55 Calculator

Classic state safety members

Ages 50–55 · Classic

Local Miscellaneous

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1.5% at 65 Calculator

Classic local miscellaneous members (older formula)

Ages 50–65 · Classic

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2% at 55 Calculator

Classic local miscellaneous members

Ages 50–63 · Classic

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2% at 60 Calculator

Classic local miscellaneous members

Ages 50–63 · Classic

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2% at 62 Calculator

PEPRA local miscellaneous members hired on or after 1/1/2013

Ages 52–67 · PEPRA

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2.5% at 55 Calculator

Classic local miscellaneous members

Ages 50–55 · Classic

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2.7% at 55 Calculator

Classic local miscellaneous members

Ages 50–55 · Classic

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3% at 60 Calculator

Classic local miscellaneous members

Ages 50–60 · Classic

Local Safety

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2% at 50 Calculator

Classic local safety members

Ages 50–55 · Classic

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2% at 55 Calculator

Classic local safety members

Ages 50–55 · Classic

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2% at 57 Calculator

Classic local safety members

Ages 50–57 · Classic

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2.5% at 55 Calculator

Classic local safety members

Ages 50–55 · Classic

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2.5% at 57 Calculator

Classic local safety members

Ages 50–57 · Classic

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2.7% at 57 Calculator

PEPRA local safety members hired on or after 1/1/2013

Ages 50–57 · PEPRA

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3% at 50 Calculator

Classic local safety members (highest factor formula)

Ages 50–50 · Classic

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3% at 55 Calculator

Classic local safety members

Ages 50–55 · Classic

About CalPERS Retirement Formulas

The California Public Employees' Retirement System (CalPERS) administers retirement benefits for over 2 million members across state, school, and local public agencies. Your retirement benefit is calculated using a specific formula assigned to your job classification and hire date.

Each formula has its own benefit factor table that determines what percentage of your final compensation you receive per year of service. The benefit factor increases as you approach and reach your formula's reference age. PEPRA members (hired on or after January 1, 2013) generally have different formulas than classic members.

This site implements all 32 CalPERS retirement formulas using official benefit factor tables parsed directly from CalPERS' published PDF documents. Every factor has been verified against the source document.

CalPERS Retirement — Frequently Asked Questions

How much is one more year of work worth?▾

Working one more year increases your pension in two ways: you add a full year of service credit (one more multiplier in the formula), and your benefit factor goes up because you retire at an older age. Together, the marginal benefit of working one more year is typically larger than the simple service-credit bump alone, especially below the reference age. Use the sensitivity ranking in the calculator to quantify it for your exact inputs.

What is service credit?▾

Service credit is the years (and partial years) you have worked under a CalPERS or CalSTRS covered position. One year of full-time employment equals one year of service credit. Part-time employees earn proportional service credit.

What is the difference between Classic and PEPRA?▾

Classic members were hired before January 1, 2013, or had existing CalPERS membership. PEPRA (Public Employees' Pension Reform Act) members were hired on or after January 1, 2013, with no prior CalPERS membership. PEPRA formulas generally have lower benefit factors at younger ages but the same or similar factors at older retirement ages.

Am I in CalSTRS or CalPERS?▾

If you are a certificated K-12 teacher, community college instructor, or certain administrator, you are likely a CalSTRS member. Most other California public employees — including school classified staff, state workers, and city/county employees — are CalPERS members. Some careers (e.g., switching from teaching to administration) may build credit in both systems; reciprocity rules then apply at retirement.

What is a benefit factor quarter-year cliff?▾

CalPERS benefit factors increase at quarter-year increments. Retiring three months later (e.g., at 55.25 vs 55.00) can raise your benefit factor by a small but non-trivial amount. Multiplied across your full years of service and decades of retirement, this can amount to thousands of dollars. The free CalPERS calculator on this site shows your exact factor at any quarter-year age.

More Retirement Calculators

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2.5% at 57 Calculator — State Safety

Classic state safety members

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2.5% at 55 Calculator — Local Miscellaneous

Classic local miscellaneous members

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2% at 62 Calculator — State Miscellaneous & Industrial

PEPRA state miscellaneous & industrial members hired on or after 1/1/2013

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3% at 55 Calculator — State Safety

Classic state safety members

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2% at 50 Calculator — Local Safety

Classic local safety members

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3% at 50 Calculator — Local Safety

Classic local safety members (highest factor formula)

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CalSTRS Retirement Calculator

California teacher retirement benefit calculators

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When Can I Retire? — Eligibility by Formula

Minimum retirement age for every CalPERS formula

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Classic vs PEPRA — Side-by-Side

Compare Classic and PEPRA at the same inputs

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COLA Explained

How the 2% COLA cap erodes purchasing power

Disclaimer: This site provides estimates for informational and educational purposes only. It is not financial, tax, or legal advice. For official benefit estimates, log in to myCalPERS or contact CalPERS directly.