|
|
|
|
Session 2 - October 8, 2005 |
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM (CalPERS) |
|||||||||||||||
CALPERS RETIREMENT |
|||||||||||||||
Topics for Discussion: |
|||||||||||||||
|
|||||||||||||||
CalPERS Pension |
|||||||||||||||
How do I qualify? |
|||||||||||||||
|
|||||||||||||||
How is my pension calculated? |
|||||||||||||||
|
Three Factors: |
|||||||||||||||
|
|
Service
Credit times Benefit Factor times Final
Compensation equals Unmodified Pension |
||||||||||||||
Service Credit - How is service credit earned? |
|||||||||||||||
|
|
Fiscal year basis - July 1 through June 30 | ||||||||||||||
|
|
10 months full-time = 1 year | ||||||||||||||
|
|
Full-time work from July 1 - April 30 equals one year of service | ||||||||||||||
|
|
Service
is prorated for hourly and part-time employees |
||||||||||||||
What about my sick leave balance? |
|||||||||||||||
|
|
Must retire within 120 days of separation from CalPERS covered employment | ||||||||||||||
|
|
Human Resources certifies days of unused sick leave | ||||||||||||||
|
|
250 days = 1 year of Service Credit | ||||||||||||||
|
|
Multiply
# of days by .004 |
||||||||||||||
Benefit Factor - 2% @ 55 Formula |
|||||||||||||||
|
|
Based on your age | ||||||||||||||
|
|
Factor
increases every three months after your birth date until age 63 |
||||||||||||||
|
STATE
MISC./INDUSTRIAL MEMBERS (First Tier) & SCHOOL MEMBERS -
2% @ 55 FORMULA BENEFIT FACTORS |
||||
|
My
Birthday Quarters
|
Birthday:
11/1 |
Add
3 months:
2/1 |
Add
3 months: 5/1
|
Add
3 months: 8/1
|
|
Your
age at retirement
|
Your
birthday
Benefit Factor |
Your
¼ year
Benefit Factor |
Your
½ year
Benefit Factor |
Your
¾ year
Benefit Factor |
|
50
|
1.100%
|
1.146%
|
1.190%
|
1.236%
|
|
51
|
1.280%
|
1.326%
|
1.370%
|
1.416%
|
|
52
|
1.460%
|
1.506%
|
1.550%
|
1.596%
|
|
53
|
1.640%
|
1.686%
|
1.730%
|
1.776%
|
|
54
|
1.820%
|
1.866%
|
1.910%
|
1.956%
|
|
55
|
2.000%
|
2.016%
|
2.032%
|
2.048%
|
|
56
|
2.064%
|
2.080%
|
2.096%
|
2.110%
|
|
57
|
2.126%
|
2.142%
|
2.158%
|
2.172%
|
|
58
|
2.188%
|
2.204%
|
2.220%
|
2.236%
|
|
59
|
2.250%
|
2.268%
|
2.282%
|
2.298%
|
|
60
|
2.314%
|
2.330%
|
2.346%
|
2.360%
|
|
61
|
2.376%
|
2.392%
|
2.406%
|
2.422%
|
|
62
|
2.438%
|
2.454%
|
2.470%
|
2.486%
|
|
63
or OLDER
|
2.500%
|
2.500%
|
2.500%
|
2.500%
|
Final Compensation |
|
|
|
Calculated by using average monthly pay rate over highest consecutive 12-month period |
|
|
Based on
full-time pay rate, not earnings |
Pension Calculation Example |
|
|
|
Calculated by using average monthly pay rate over highest consecutive 12-month period |
|
|
Based on
full-time pay rate, not earnings |
|
Total
Years of Service
|
Benefit
Factor
|
Final
Compensation
|
Unmodified
Pension
|
|||
|
25
|
X
|
2%
per year
|
X
|
$2,000
|
=
|
$1,000
|
Retiree Health Benefits |
||
|
|
Medical continues | |
|
|
Dental converts to basic coverage |
|
|
|
Vision stops | |
|
|
Must
retire within 120 days of separation |
|
Resources |
||
|
|
www.calpers.ca.gov/ or (888) 225-7377 CalPERS website | |
|
|
Annual Member Statement | |
|
|
Retirement Planning Calculator | |
|
|
Service Credit Cost Estimator | |
|
|
Seminar, Workshop Registration | |
|
|
Forms
and Publications Center |
|
Preparing to Retire - steps to follow: |
||
|
|
Attend a CalPERS Retirement Workshop | |
|
|
Obtain a Retirement Packet of information from Benefits Administration | |
|
|
Request a formal retirement estimate from CalPERS | |
|
|
Complete the CalPERS Retirement Application | |
|
|
Complete
the Separation/Clearance Form |
|
RECRUITMENT REQUISITION PROCESS |
||
Topics |
||
|
|
Purpose | |
|
|
Steps To Selection | |
|
|
The Requisition | |
|
|
Posting / Advertising | |
|
|
Screening
/ Referral |
|
Purpose |
||
|
||
Steps to Filling a Vacant Position |
||
|
1.
|
Develop Position Description (Dept) | |
|
2.
|
Complete Personnel Requisition (Dept) | |
|
3.
|
Forward Position Description and Requisition form to Office of Human Resources (Dept) | |
|
4.
|
Review Position Description/Requisition and create Position Management Number (HR) | |
|
5.
|
Develop draft job announcement and forward to hiring department for review (HR) | |
|
6.
|
Determine hiring range (Dept) | |
|
7.
|
Post announcement (HR) | |
|
8.
|
Conduct
initial screening of applications (HR) |
|
Position Description |
||
| http://www-admn.csun.edu/hrs/forms/positdesc.dot |
||
HR Requisition Process |
||
|
|
Review position description for changes | |
|
|
Review requisition for terms and conditions | |
|
|
Funding Temp vs Regular | |
|
|
Appt Type Temp Vs Probationary | |
|
|
Review for divisional requirements | |
|
|
Review
for position management |
|
Requisition Form |
||
|
|
Personnel Requisition Form - http://www-admn.csun.edu/hrs/forms/persreq.dot | |
|
|
Staff
only - not Section 600 |
|
Requisition Required Fields |
||
|
|
New? Yes or No. If existing position, give name of previous incumbent and the position number assigned to the position as well as the Job Code and Job Title if not asking for a classification review. | |
|
|
Funding: Regular or Temporary funding - not time base or appt type | |
|
|
Dept ID and Dept Name | |
|
|
Reports To: Name and Position Number | |
|
|
Appt type: If temporary, how long, and is it renewable. | |
|
|
Standard Hours / Work Schedule | |
|
|
Name
of contact person for info/selection activities: This is the person who
can answer any questions we may have on the requisition, who we will email
the draft for approval, and for referral of applications during search. |
|
Requisition Approvals |
||
| Approvals and Signatures | ||
|
|
Line 1: Spvsr/Dept Chair (A MUST) | |
|
|
Line 2: Director/Dean/MAR/Fin Mgr (A MUST) | |
|
|
Line 3: VP/Pres (if required) | |
|
|
Student Affairs Division: Any requisition coming to HR should be stopping in Student Affairs for approval. | |
|
|
Academic Affairs Division: Any requisition (Temp or Probationary) should be accompanied with a Justification for Initiation of Search, then forwarded to Academic Affairs for approval. | |
|
|
Admn
& Fin Division: Requires VP signature only if requesting to post a
NEW position. |
|
Advertising Your Position |
||
Posting the Position Vacancy |
||
|
|
Currently the vacancy announcement (Posting) is developed by the Office of Human Resources using the submitted job description as a guide. This posting will be used as the fundamental basis for screening, selection, and appointment decisions. | |
|
|
The posting includes the position's classification and/or working title; time base; indicates if temporary; the department where the vacancy exists; the pay range; a hiring range; a description of duties; the minimum and desirable qualifications and procedures for applying. | |
|
|
Hiring Range Vs Classification Range | |
|
|
Minimum Qualifications (a starting point) | |
http://www.calstate.edu/HRAdm/Classification/index.shtml |
||
|
|
All positions are posted on the California State University, Northridge website and CSU Careers, and are posted as "Open Until Filled." | |
|
|
HR will assist departments in identifying advertising sources for the vacant position. | |
|
|
Under most circumstances, the cost of the initial advertising source will be borne by the OHR. Hiring department may be asked to share the cost of advertising when department requests advertising above and beyond the general protocol. | |
|
|
Departments may list outside advertising sources where they would like the vacancy to be posted directly on the Requisition Form. | |
|
|
Please
notify HR if posting is advertised externally by department. |
|
Sample Postings |
||
http://www-admn.csun.edu/hrs/employment/clerical2/index.html |
||
Sample of Advertising Sources |
||
|
|
Student Affairs | |
|
||
|
|
Public Safety | |
|
||
|
|
Computer Technology/General | |
|
||
|
|
Journalism | |
|
||
Posting Periods |
||
| The length of recruitment period will depend on: | ||
|
|
The provisions of the appropriate collective bargaining agreement, if any. | |
|
|
The nature of the vacancy and outreach efforts to develop a pool of diverse and qualified candidates. | |
|
|
In general, we allow two (2) weeks of online exposure before the initial screening of applications. | |
|
|
The posting period for all positions will begin the day the vacancy announcement is placed on the Employment Opportunities website. Positions will generally be posted within five (5) days of receipt of a personnel requisition. New or revised positions may require further review before posting. | |
|
|
The
draft is emailed to contact person listed on Requisition for final approval
before posting vacancy. |
|
Screening and Referral |
||
| The
Office of Human Resources is responsible for screening applications for
minimum qualifications prior to referring applications onto the hiring
department/search committee. |
||
| WHY? | ||
|
|
To achieve the educational mission of the University; seek to attract and retain qualified employees and to ensure all applicants considered for the vacancy meet the minimum qualifications for the classification. | |
|
|
To maintain the integrity of the classification structure and ensure that hiring departments are receiving qualified applicants that have the basic knowledge, skills, and abilities required to perform the job. | |
|
|
Finally,
to ensure a fair and equitable recruitment process. |
|
| We review applications based on a variety of experience and education related requirements which may include: | ||
|
|
Experience equivalency | |
|
|
Education equivalency | |
|
|
License and Certification requirements | |
|
|
Equipment-related
requirements |
|
| Whats involved in the review? | ||
|
|
Review application for completeness and against the minimum qualifications | |
|
|
Evaluated on basis of information provided on the application | |
|
|
It is the applicants responsibility to ensure information is thorough, complete, and relevant to specific position opening | |
|
|
Insufficient or missing information may result in non-consideration | |
|
|
Review Close Relative Disclosure Form (if submitted) | |
|
|
HR will work with the hiring department if the applicant becomes the selected candidate. | |
|
|
Review Conviction Disclosure Form (if submitted) | |
|
|
Completed only if applicant has been arrested for a crime for which a trial is pending or if convicted of a felony as an adult that has not been dismissed, expunged, sealed or eradicated. | |
|
|
If
hiring department receives an application that indicates a conviction
it means HR has reviewed and determined that the conviction has no relevancy
to the job vacancy and its okay for the hiring department to consider
the applicant. |
|
Confidentiality of the Process |
||
| Once
the recruitment process begins, all application information (internal
or external applicants) is kept confidential during the process. |
||
| Internal
applicant information is not disclosed unless the applicant is the selected
candidate and at that time, reference checks must be conducted prior to
job offer. |
||
Timelines |
||
| Applications are reviewed by HR on a weekly cycle once the initial review of applications has commenced. | ||
|
|
Example: Initial review begins COB Wed, Nov 9th. Applications are reviewed and referred to the hiring department within two days of Nov 9th. | |
|
|
Future
applications will then be reviewed on a weekly cycle (in this example
- each Wednesday). |
|
Future HR Essentials Will Cover "Selection" |
||
|
|
Search Committee | |
|
|
Ranking of Applications | |
|
|
Interview Process | |
|
|
Reference Checks | |
|
|
Selection Process | |
|
|
Job Offer | |
|
|
Sign-In | |
| For more information please refer to the Employment Guidelines at: | ||
| http://www-admn.csun.edu/hrs/comp/StateEmpGuidelines_07-04.htm |
||
PAYROLL FORMS |
||
| http://www-admn.csun.edu/hrs/forms/payrollforms.html |
||
Department Forms |
||
|
|
Absence Report - http://www-admn.csun.edu/hrs/forms/absence_std634.pdf | |
|
||
|
|
Authorization for Extra Hours Worked - http://www-admn.csun.edu/hrs/Payroll/Forms/PA125_b.pdf | |
|
||
|
|
Authorization for Transfer of Leave Balance from Position to Position | |
|
||
|
|
Authorization for Special Pay (ASP) - http://www-admn.csun.edu/hrs/payroll/forms/special_pay.htm | |
|
|
Summer Term - 1/30th Pay Rate: http://www-admn.csun.edu/hrs/forms/pa130.xls | |
|
||
|
|
Summer Term - 2357 Salary Schedule - http://www-admn.csun.edu/hrs/forms/pa135.xls | |
|
||
|
|
New Faculty Notice - Portal Access for Special Pay Faculty - http://www-admn.csun.edu/hrs/ohrs_50-14.pdf | |
|
||
|
|
Faculty Personnel Action Request Form (PAR) - http://www.csun.edu/~facacct/forms/general/facpar2.xls | |
|
|
Authorized Signature for Payroll Documents - http://www-admn.csun.edu/hrs/forms/ohrs-60-16.dot | |
|
||
|
|
Timesheet - http://www-admn.csun.edu/hrs/Payroll/Forms/campus_timesheet.htm | |
|
||
|
|
Prior Pay Period Adjustment Form - http://www-admn.csun.edu/hrs/Payroll/Forms/pa115.htm | |
Used by campus departments to request adjustments to an employee's pay and/or leave balance, including sick leave, CTO, and vacation usage from a prior pay period. |
||
|
|
Work-Study Payroll Adjustment Form - http://www-admn.csun.edu/hrs/payroll/forms/workstudypayrollform.htm | |
Summary to report miscellaneous adjustments to Work-Study Payroll, including hours from a prior pay period. Use for on- and off-campus Work-Study. Must be submitted through the Work-Study Office. |
||
|
|
Student Employee Job Data Change Form - http://www-admn.csun.edu/hrs/forms/studjobchg.dot | |
This form is used to document and authorize requests for additional appointment or change to the current employment status of a student assistant or work-study student, when unable to effect change through SOLAR. |
||
Employee Forms |
||
|
|
CSU Salary Reduction Agreement Form - http://www.calstate.edu/HRAdm/pdf2001/TL-BEN2001-02.pdf | |
|
||
|
|
Direct Deposit Enrollment Authorization - http://www.documents.dgs.ca.gov/osp/pdf/std699.pdf | |
Used to enroll in or change direct deposit of pay warrants (return with signature to Payroll Administration, University Hall Room 185; questions, call x2314). Link to form takes you to State of California forms website. |
||
|
|
Duplicate Wage and Tax Statement Request - http://www.documents.dgs.ca.gov/osp/pdf/std436.pdf | |
Used to request a duplicate copy of form W-2 for up to 4 prior tax years. |
||
|
|
Confidentiality Statement - Employee: http://www-admn.csun.edu/ps/hrs/confidentialityform.doc |
|
|
||
|
|
Confidentiality Statement - Faculty: http://www-admn.csun.edu/ps/hrs/confidentialityform_faculty.doc | |
|
||
|
|
Employee Action Request Form (EAR) - http://www.documents.dgs.ca.gov/osp/pdf/std686.pdf | |
|
||
|
|
Self Service Page - https://www.csun.edu/portal/index.fcgi (requires portal access/login) | |
Once login is completed, click on "Services for Faculty & Staff" and then click "My Personal Information" |
||
|
|
Student Payroll Action Request Form (SPAR) - http://www.documents.dgs.ca.gov/osp/pdf/std457.pdf | |
The form for student address and withholding changes. |
||
|
|
State Employee Information Form (S.E.I.F.) - http://www-admn.csun.edu/hrs/forms/SEIF_form.pdf | |
Use for employee information changes such as education, telephone number, etc. |
||
|
|
How is the SEIF different from the Employee Action Form? |
|
|
|
Citizenship information | |
|
|
Ethnic information | |
|
|
Veteran information | |
|
|
Education | |
|
|
Emergency Contact | |
|
|
Payroll Designee | |
|
|
Cannot change federal or state withholding on this form | |
|
|
Lost or Stolen Pay Warrant Request for Duplicate Controller's Warrant / Stop Payment |
|
|
||
|
|
Monthly Vehicle Usage Report - http://www-admn.csun.edu/hrs/forms/MonthlyVehicle.doc | |
Used by employees to report mileage on their state or third-party vehicles. |
||
Payroll Forms Resources |
||
|
|
Payroll Forms http://www-admn.csun.edu/hrs/forms/payrollforms.html | |
|
|
Self Service Web Portal - http://www.csun.edu/portal | |
|
|
Self Service Instructions - http://www-admn.csun.edu/hrs/selfsvcref.pdf | |
|
|
Chancellors Office - Records Retention Guidelines: http://www.calstate.edu/HRAdm/pdf2004/TL-PR2004-01.pdf | |
|
|
SOLAR
Campus Support - pshelp@csun.edu,
x6685 |
|
|
Questions, comments, concerns? Contact us! HRIS/Payroll
Administration |
||
THANK YOU FOR YOUR TIME! |
||