My friend told me that I will receive a percentage of health coverage into retirement based on the number of years of service with CalPERS. Is this true?
Answer. The percentage applies to 2 nd Tier state employees only (CSU falls under 1 st . Tier employees). For CSU, as long as you have 5 years of CalPERS service and you are age 50 or older, you are eligible to retire. In order to receive medical (same coverage level as active employees) and basic-dental, you must be benefits eligible and you must retire within 120 days from the date of separation from employment. Additional FAQ’s for faculty and/or FERP (Faculty Early Retirement Program) Question 23). I am a part time faculty (Lecturer). I am currently not eligible for benefits but I am enrolled into CalPERS and I am eligible to retire. Do I receive medical and basic-dental benefits into retirement? Answer. If you are eligible to retire but you are not eligible for benefits, you will NOT receive medical and/or dental coverage into retirement. You must be benefits eligible and retire within 120 days from the date of separation from employment in order to receive health coverage into re
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