Did you know that you can now view your service credit cost estimate online? To see if you’re eligible to purchase service credit to increase your future retirement benefit, log in to your myCalPERS account to explore your options.
Complete a few simple questions to automatically view the estimated cost of the purchase, the estimated increase to your future retirement benefit, and the factors used to calculate your cost. This new and improved process replaces the online Service Credit Cost Estimator and will provide you with a more precise estimate. After you view your estimated cost and benefit details, you can submit a request to purchase service credit through myCalPERS for our team to process.
Once we receive all required documents and determine eligibility, the cost details will be available in myCalPERS for your review. Additionally, you may be able to make the election to purchase service credit instantly when requesting a Redeposit of Withdrawn Contributions, Alternate Retirement Program Service Credit, or Tier Conversion.
The process to request, elect, and pay for a service credit purchase is secure, convenient, and entirely paperless through your myCalPERS account.
Visit our website for Service Credit information and resources, or send us a secure message by logging in to your myCalPERS account. You can also call us toll free at 888 CalPERS (or 888-225-7377).