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Cal Pers Bsd 241  Form

Cal Pers Bsd 241 Form

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Instructions and help about pers bsd 247

Will you have enough money to do the things you want to do in retirement? Welcome to Planning Your Financial Future – the series that’s going to help you answer that question and explore retirement savings tools and tips along the way. Today's Topic: Your CalPERS Pension. Your retirement income may include one or more of the following sources: Your CalPERS Pension, Social Security, and your own Personal Savings. In this segment we’re focusing on your CalPERS pension. It’s a 401(a) Defined Benefit Plan, meaning the amount you receive in retirement is based on a formula, not what you contribute into the plan. CalPERS has a dedicated team of professionals who invest and manage the money in the plan on your behalf. And when you retire, you’ll receive a lifetime monthly pension check. In other words, you can’t outlive your pension. The money to fund your CalPERS pension comes from three sources. Investment returns (the money CalPERS earns on investments) account for abou

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