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For example, if you retire at full retirement age in 2015, your maximum benefit would be $2,663.However, if you retire at age 62 in 2015, your maximum benefit would be $2,025. If you retire at age 70 in 2015, your maximum benefit would be $3,501.or example, if you retire at full retirement age in 2015, your maximum benefit would be $2,663.
With the exception of members in the 2% at 62 formula (minimum retirement age is fifty-two (52), employees are eligible to retire and receive a monthly pension benefit when they are at least age 50 and have a minimum of five years of CalPERS-credited service.