Get CA CalPERS Electronic Fund Transfer Authorization

Reciprocity (Changing Retirement Systems) Reciprocity allows you to move from one retirement system to another without losing your benefits. CalPERS' reciprocal agreement with other California public retirement systems can allow you to coordinate your benefits between the two systems when you retire.

CalPERS will accept a rollover or transfer from a qualified fund as a partial payment or lump sum such as: 401(k), 401(a), or IRA plans.

Registered organizations have the ability to pay for queries via Electronic Funds Transfer (EFT). Organizations choosing to pay by EFT must submit an Electronic Funds Transfer Authorization form before EFT payments can be processed.

You can typically expect to receive your refund within 30 to 45 days from the date we receive all your necessary forms. However, timeframes can vary if there are holds or other restrictions on your account that require review and action.

If you receive a CalPERS benefit payment, have California state taxes withheld, and are moving out of state, you'll need to submit a new signed Tax Withholding Election (PDF) form if you wish to stop California state taxes from being withheld.

You may roll over your funds to an eligible individual retirement account (IRA) or another qualified employer retirement plan. Refund considerations: • A refund is irrevocable and will terminate your CalPERS membership.

To withdraw your contributions, you: Must be permanently separated from all CalPERS covered employment. You cannot be on any type of leave, even if it's unpaid. Cannot accept a job with another CalPERS-covered employer.

If you leave all CalPERS-covered employment you can choose to withdraw your contributions plus any accrued interest. Your CalPERS pension is funded by employee contributions, employer contributions, and CalPERS investments. Any employer contributions are not eligible to be withdrawn.