Sponsors: Double Decker Books. Mount Rainier is the highest and third most voluminous volcano of the Cascade Range. The main cone of this stratovolcano has formed since 730,000 years ago. Photograph of Mount Rainier from STS-64 (STS064-51-27). Image Source: The Earth Observation Images at the Johnson Space Center in Houston, Texas.
CalPERS Retirement Eligibility and Benefits. Eligibility and Vesting. Employees are eligible for service retirement at age 50 or older with five or more years of full-time equivalent CalPERS service credit. Employees must have 5 years of service credit to vest with CalPERS.
Your employer may use a schedule in which employees are 100 percent vested in employer contributions after 3 years of service (cliff vesting). Under graduated vesting, an employee must be at least 20 percent vested after 2 years, 40 percent after 3 years, 60 percent after 4 years, 80 percent after 5 years, and 100 percent after 6 years. If your automatic enrollment 401(k) plan requires employer contributions, you vest in those contributions after 2 years.