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Retirement Plans

Learn about retirement plans here at Cal State Monterey Bay.

Benefit Plans and Programs

Cal State Monterey Bay provides several retirement plan options to support employees in planning for long-term financial security. Depending on eligibility and appointment type, employees may participate in the CalPERS pension system, the Faculty Early Retirement Program (FERP), or the Part-Time/Seasonal/Temporary (PST) Retirement Plan.

In addition to pension benefits, employees may choose to participate in supplemental tax-deferred retirement savings plans, including 403(b), 401(k), and 457 programs.

Faculty considering participation in FERP may use the PRTB-FERP Retirement Benefits Calculator to obtain an unofficial estimate of projected CSU salary and CalPERS retirement benefits. This tool is intended for planning purposes only and does not provide official benefit determinations.

Retirement Resources

CalPERS, FERP, PST and tax-deferred retirement savings

CalPERS Retirement System

CalPERS is considered one of the biggest and most stable pension funds in the country

Faculty Early Retirement Program

Program details in the CBA, forms and calculator

Part-Time/Seasonal/Temporary Retirement Plan (PST)

The CSU Part-time/Seasonal/Temporary (PST) Retirement Plan is for certain CSU employees who do not meet the eligibility requirements for participation in CalPERS

Supplemental Retirement Savings Plans

403(b), 401(k) and 457 supplemental retirement savings plans.

San Jose State's Office of Faculty Affairs provides the PRTB-FERP Retirement Benefits Calculator. It allows you to enter data to calculate an unofficial projection of your CSU salary and CalPERS retirement benefits. This calculator is intended to provide an estimated projection only.

PRTB-FERP Retirement Benefits Calculator