What happens to my CalPERS benefits if I change employers?

Asked 6 months ago
If you change employers, your CalPERS benefits remain intact and will not be affected. The benefits you have accrued with CalPERS will remain with your account and continue to grow according to retirement formulas and any applicable post-retirement increases. However, it is important to note that if you move to a position that is not eligible for CalPERS membership, you will stop accruing new service credit with CalPERS. In such cases, if you return to another CalPERS-covered position, you may be able to re-establish your membership and start accruing service credit once again. It is advisable to contact CalPERS directly for specific information on your unique situation and to understand the impact of any change in employment on your benefits.
Answered Nov 1, 2023

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