Caron Cristie

Calpers Golden Handshake 2024 Dates. The 2024 pay days for retirees and beneficiaries is available on our website: In order to offer a golden handshake, there must be an impending layoff and the employer must demonstrate that enough savings can be realized to.

Until a pension reform six years ago, calpers and calstrs members could boost their pensions by buying credit for up to five years of service without doing the work,. To issue a golden handshake, calpers employers are expected to show cost savings and must certify the added service credit avoids “mandatory transfers, demotions and.