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Calpers industrial disability retirement
#1
My department offered me industrial disability retirement and I took it. I know it’s different from medical retirement from calpers. I have been told it’s 50% highest salary or 36 months consecutive which ever is the highest.

Do they just go by your tax return wage, tips, box and 50% from it?

Some officers told me it comes out to more like 60% of your earning since it’s tax free.

Thank you,

I am still waiting on calpers to tell me exact amount, but somewhere ball park amount would be helpful from someone who might have more information or been through this process.
 
Reply
#2
“Safety members who retire on or after January 1, 2013, for industrial disability will receive a disability retirement benefit equal to the greater of the following:

• •
50 percent of your highest consecutive 12-month or 36-month average monthly salary. An additional annuity may be paid if you have contributions associated to non-safety service.
A service retirement allowance, if qualified for service retirement.
If under age 50, an actuarially reduced benefit factor (determined by your retirement formula and how many quarter years you are under age 50) multiplied by the number of years of service credit.”
See page 10:
https://www.calpers.ca.gov/docs/forms-pu...nt-pub.pdf
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
Reply
#3
(09-28-2019, 11:56 PM)1171 Wrote: “Safety members who retire on or after January 1, 2013, for industrial disability will receive a disability retirement benefit equal to the greater of the following:

• •
50 percent of your highest consecutive 12-month or 36-month average monthly salary. An additional annuity may be paid if you have contributions associated to non-safety service.
A service retirement allowance, if qualified for service retirement.
If under age 50, an actuarially reduced benefit factor (determined by your retirement formula and how many quarter years you are under age 50) multiplied by the number of years of service credit.”
See page 10:
https://www.calpers.ca.gov/docs/forms-pu...nt-pub.pdf
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
Reply
#4
Glad this was helpful
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
Reply
  


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