If I am a retired staff or faculty member, how much can I work after retirement without affecting my CalPERS retirement?
Answer. Retirees of the California State University system may work up to 960 hours per fiscal year or 50 % of the hours worked in the last fiscal year prior to retirement without affecting their CalPERS retirement. However, if drawing Social Security benefits, be aware that Social Security has an earnings limitation (dependent upon age). For current information, contact Social Security at 1-800-772-1213 or visit their Web Site at http://www.ssa.gov . You may also visit CalPERS website at www.calpers.ca.gov for further information regarding employment after retirement and be sure to review the Employment After Retirement – December 2006 (PUB-33) booklet for specific guidelines and restrictions. Question 20). I am currently enrolled into benefits and I am eligible to retire; however, I am not ready to retire yet and I am leaving CSU to work for another Non-CalPERS employer . If I leave my funds vested with CalPERS and retire few years later, will I receive health coverage into retiremen