Retirement Benefits

You Can Now Purchase Service Credit Online

Father multi-tasking with young son (2 yrs) at kitchen table

We’ve expanded our service credit purchase online features to maximize your customer service experience and make purchasing service credit easier than ever.

The process to request, elect, and pay for a service credit purchase is now entirely paperless and can be done by logging in to your myCalPERS account.

Use myCalPERS to Request and Pay for Service Credit

You can submit a request to purchase service credit online, as well as elect and pay for that purchase all in a secure location. Once your service credit request is reviewed and calculated by CalPERS, the service credit calculation details will be available for review in your myCalPERS account. You can elect to purchase the service credit prior to the calculation expiration date and before retirement.

Once you decide to make the purchase, you will have the option to pay for the service credit using a bank account, credit card, debit card, or plan-to-plan transfer and/or rollover. Eligible members may also have the option to set up installment payments to be deducted from their paycheck on a recurring basis, or elect an Actuarial Equivalent Reduction (AER) (PDF).

Save Time: Complete Your Service Credit Purchase Online

Log in to myCalPERS today to discover what purchase options are available to you.

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).