• CalPERS is the largest public pension fund in the U.S., and the largest purchaser of public employee health benefits in California.
  • We contract with 1,557 public employer entities and the State of California for retirement benefits and covers 1.5 million lives in health benefits.
  • We offer a defined-benefit pension retirement plan that provides a stable and predictable post-retirement income to California’s public agency and school employers, including supplemental and optional benefits like the CalPERS Supplemental Income 457 Plan.
  • Public agency and school employers may contract with us to provide their employees with health benefits regardless of whether they are contracted for retirement benefits.
  • We administer two optional section 115 trusts for employers to prefund their future pension and healthcare costs, the California Employers’ Pension Prefunding Trust (CEPPT) and the California Employers’ Retiree Benefit Trust (CERBT).
  • CalPERS is California’s Official State Social Security Administrator and public agencies may contract with us to administrate Section 218 Agreements.
  • Your agency can access all of its current contract information through myCalPERS.
  • For more information on pension contracting contact our Pension Contracts Management Program team by phone at (916) 795-1024 or email us at PensionContracts@calpers.ca.gov.
  • For more information on health benefits contracting contact our Health Program at (916) 795-1233 or email us at CalpersHealth@calpers.ca.gov.