CalPERS PENSION BENEFITS

Retirement can be one of the best stages of your life! The City of Palo Alto offers great retirement benefits to ensure you are covered during this stage of your life. Our retirement plan, administered by CalPERS, calculates your retirement benefit based on a specific formula. The formula is based on number of years of service, your age, and total compensation. Your formula will be based on the date you were hired and the group you are part of. The resources below provide more information about Pension benefit.