Classified employees with questions about the new
Public Employees’ Pension Reform Act of 2013 may find answers on
the Frequently Asked Questions page of the CalPERS website. Here
are some answers to common questions.
The new law requires that new employees of public schools and
community colleges contribute at least 50 percent of the total
normal cost or the same contribution rate as “similarly situated”
employees, whichever is higher.
A new law passed in the final hours of the legislative session
makes sweeping changes to public employee pensions that impose
most of the changes on workers not yet hired, creating a two-tier
system in the workplace where two groups of workers doing the
same work receive different retirement benefits.