CalPERS

Press Release

May 21, 2012

External Affairs Branch
(916) 795-3991
Robert Udall Glazier, Deputy Executive Officer
Brad Pacheco, Chief, Office of Public Affairs
Contact: Amy Norris, Information Officer
pressroom@calpers.ca.gov

CalPERS to Host Retirement Planning Fairs

Five fairs in three cities beginning August 10

SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) is hosting retirement planning fairs this summer to help our members plan for a more financially secure future. The fairs begin in Sacramento on August 10 and 11, continue in Anaheim on August 17 and 18, and conclude in Santa Clara on August 30.

All CalPERS members – from State, local government, special districts, public schools, community colleges, and California State University campuses – are encouraged to attend. Fairs will provide valuable planning information for members who are new to the workforce, are mid-career or nearing retirement.

Each fair offers more than a dozen information tables on topics such as the self-serve features of my|CalPERS, services available through CalPERS regional offices, CalPERS health benefits, how service credit affects retirement benefit, and CalPERS Supplemental Income Plans. Members will also have an opportunity to speak with experts from Social Security, the State Savings Plus Program, the ScholarShare college savings plan, and retiree organizations. Regularly scheduled workshops delivering presentations on various retirement topics will take place throughout the day.

More detailed information about the 2012 CalPERS retirement planning fairs, including maps, driving directions, and workshop schedules is available on the CalPERS website. CalPERS members can pre-register for a fair in the “My Education” area of the my|CalPERS member website at my.calpers.ca.gov.

The complete schedule of the 2012 CalPERS retirement planning fairs is as follows:

  • August 10 – 11 in Sacramento, 9 a.m. – 4 p.m., Sacramento Convention Center, 1400 J St.
  • August 17 – 18 in Anaheim, 9 a.m. – 4 p.m., Sheraton Park Hotel, 1855 South Harbor Blvd.
  • August 30 in Santa Clara, 9 a.m. – 4 p.m., Santa Clara Marriott, 2700 Mission College Blvd.

CalPERS, with assets of approximately $229 billion, is the largest public pension fund in the U.S. It administers retirement benefits for more than 1.6 million California State, local government, and public school employees, retirees, and their families on behalf of more than 3,000 public employers, and health benefits for more than 1.3 million enrollees. The average CalPERS pension benefit is $2,332 per month. The average benefit for those who retired in the most recent fiscal year that ended June 30, 2011, is $3,065 per month.

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Dated: 05-29-2012