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Retirement Workshop Set For Jan. 16

Published: December 2, 2014

The next CalPERS retirement workshop will be available on Friday, Jan. 16, in the Barrett Athletic Center second floor conference room. It’s asked that you RSVP by Friday, Jan. 9. The workshop will run from 10 a.m.-12:30 p.m.

All CalPERS members are welcome to attend and the workshop is highly recommended for employees who have at least five years of CalPERS service credit and are age 50-plus.

Presented by a CalPERS retirement specialist, the workshop will cover the retirement process, retirement calculation, service credit, survivor continuance and the application process.

Due to limited seating, this workshop is offered to university employees with a minimum of five years of CalPERS service credit.

To attend the workshop, contact Benefits Services at benefits@csulb.edu or 562/985-2381.

Tax Information Update

Internal Revenue Code (IRC) elective deferral limits for 403(b), 401(k) and 457(b) plans will increase to $18,000 and the catch-up contribution limit for employees age 50 and over will increase to $6,000 for 2015; the 415(c)(1)(A) “percentage of compensation limit” will increase to 100 percent of adjusted gross salary up to $53,000.

Information on the 2015 limits is available on the Benefits Services website. Information about these plans can be found on the Benefits Services Retirement Savings website. Questions about the new limits may be directed to Benefits Services at 562/985-2381 or e-mail benefits@csulb.edu.