CalPERS members must pay unpaid service credit balances within 90 days of retiring
For CalPERS service credit purchases taking effect from this date, any balance left at retirement must be paid within 90 days or the credit is cut or removed. Members can no longer cover it by taking a smaller pension.
Who it affects
CalPERS members buying service credit, and their survivors
When
This law takes effect on January 1, 2027; the changes described here start on January 1, 2028.
- : Signed into law
- : Law takes effect
- : The changes described here start to apply
Official text
California SB 939: Public employees’ retirement: service credit: payments.
On California Legislative Information. The official text is what counts; read it before you act.
Not legal advice. Plain-English summaries to help you find what changes and when. Not legal advice: read the official text, and ask a lawyer about your situation.