Retirement Tools

STEPS TO RETIREMENT

The following information provides a general checklist of CSU East Bay and CalPERS retirement procedures. Use this information along with your CalPERS Retirement Planning Checklist to complete your retirement process.

One Year Before Retirement:

RESEARCH YOUR RETIREMENT OPTIONS

  • Attend on-site retirement planning workshops sponsored by Human Resources
    • CalPERS Retirement Planning (provided by CalPERS)
    • Financial Planning Workshop – (CalPERS regional headquarters) OPTIONAL
    • Review your finances and/or discuss your plans with a financial planner
    • Review options for purchasing additional CalPERS service credits (i.e., “Air Time”, Difference-in Pay Leaves, Sabbatical, Maternity, Military)
    • Service credit buyback must be received by CalPERS prior to your retirement date
    • You may request a Service Credit Buyback application from the
  • Receive a calculation estimate of your monthly retirement allowance from CalPERS
  • Select a (tentative) retirement date.
  • Review the “Frequently asked questions” document regarding retirement on the Retirement tools

Within Three to Six Months:

MEET WITH A RETIREMENT SPECIALIST in Human Resources

  • Contact the Human Resources Benefits Office – schedule a retirement counseling session and a review of benefits. Spouses and/or partners are welcome to attend OR contact CalPERS to meet with a Retirement specialist
  • Review: Retirement Date, Health benefits after retirement, Eligible dependent benefits, Survivor continuation and Beneficiary options
  • Contact Social Security for Social security and Medicare counseling (if applicable) *If you will be age 65 when you retire – discuss your options for Medicare

Within 90 Days:

COMPLETE RETIREMENT PROCESS

  • If Medicare eligible – contact Social Security and request enrollment procedures
    *There are many other rules associated with Medicare enrollment including penalties for not enrolling in Part B at Retirement and age 65.
  • Complete and submit your CalPERS retirement application to Human Resources for sick leave certification
  • Submit your CalPERS application to CalPERS by mail or in person (must be notarized by a notary or CalPERS office).
  • Begin the Clearance process with your Department Office administrator
  • Notify your Department and Human Resources of your retirement in writing by email or letter (contact your Department administrator for notification procedure)

30 Days – Last Day Worked:

  • Complete clearance process: turn in keys, books, equipment to the appropriate offices for clearance signature; submit completed clearance form to Human Resources on or before last day at work.

Congratulations on your successful retirement!

If you have any questions regarding benefits please email us at: HR@csueastbay.edu