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All eligible CalPERS 457 Plan participants will be able to make Roth contributions to the Plan as of January 1, 2024.

Beginning on January 1, the CalPERS 457 Plan will allow for Roth contributions from all actively employed participants to comply with the SECURE 2.0 Act of 2022. There will be no action required to add Roth for your agency. CalPERS will automatically add the Roth option for all agencies that have adopted the CalPERS 457 Plan.

Learn more about the SECURE 2.0 Act’s impact on the CalPERS 457 Plan now and beginning in 2024. For questions about the SECURE 2.0 Act’s impact on the CalPERS 457 Plan, please contact CalPERS by phone at 800-696-3907 or email at CalPERS_457_Plan@calpers.ca.gov.

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Cost of Living Adjustments — On November 1, 2023, the Internal Revenue Service issued Notice 2023-75 to announce the 2024 dollar limits.

Plan Document — The CalPERS 457 Deferred Compensation Plan Document has been updated for 2023.

Intranet Page — Add this helpful template of CalPERS 457 Plan links and resources to your intranet site.

Spanish-language Services — Spanish-language capabilities are available to make the CalPERS 457 Plan more accessible and understandable to Hispanic participants.

Employer Guide (2021): Easy-to-follow steps for 457 Plan payroll submissions

Add Roth to a Payroll Report — After adopting Roth for your Plan, follow these steps for myCalPERS reporting. 

You can send email inquiries to CalPERS_457_Plan@calpers.ca.gov

You can call the CalPERS 457 Employer Plan Line at 800-696-3907 for general contribution and payroll support.

Your agency’s dedicated Account Manager is available for presentations and appointments (both online and in person) with your employees to help with their CalPERS 457 Plan accounts. Call 888-713-8244 or visit to schedule an appointment.

Your employees can help with their CalPERS 457 Plan accounts by visiting calpers457.com or calling the Plan Information Line at 800-260-0659.

Sponsor Web is a website designed for plan sponsors that allows you to view participant and plan level information at any time. You can request access to this site by contacting us today.

 
Employer Cents Newsletter
 
Making Cents Newsletter
 
myOrangeMoney
 
Helpful Links and Forms Library
 
CalPERS Perspective Newsletter
 

Personal Phone Reviews

Plan Forms Section

 

Cover of Enrollment Kit and FormEmployee Enrollment Kit (2/5/2024)

Participant Change Authorization Form

Designation of Beneficiary Form

Rollover Contribution Form

Inter-Plan Transfer Form

Distribution Request Form

Death Distribution Form

In-Service Withdrawal/Transfer Request Form

In-Plan Roth Conversion Form

Unforeseen Emergency Withdrawal Application

Three Year Special 457(b) Catch-up Worksheet (for Current Employer Only)

Application for Electronic Direct Deposit

Birth or Adoption Withdrawal Form

 

Participant Materials Section
 

Participant Overview

Nearing Retirement Guide

Roth Option Flyer

Roth Option Brochure
Roth Option Brochure (Spanish)

Spanish-language Services
Spanish-language Services (Spanish)

Account Access Flyer
Account Access Flyer (Spanish)

How to Enroll Flyer
How to Enroll Flyer (Spanish)

Post-PEPRA Employee Overview
Post-PEPRA Employee Overview (Spanish)

Employer Materials Section
 

Employer Guide (2021): Easy-to-follow steps for 457 plan payroll submissions

Loan Feature Overview

Employer Loan Provision Form

SMA Overview

CalPERS 457 Deferred Compensation Plan Document (2023)

CalPERS 457 Roth Plan Overview

Roth Contribution Payroll Guide

Catch-Up Guidelines for Employers

Retrieving a Participant Valuation by Data Transfer

Retrieving a Loan Feedback File by Data Transfer

Investment Option Information Section
 

Fund Fact Sheets (Quarterly)
(as of December 31, 2023)

457 Performance Report (Monthly)
(as of January 31, 2024)

Annual IRS Limits Section
 
  2022 2023 2024
Contribution Limit $20,500 $22,500 $23,000
Age 50 & Older Limit $27,000 $30,000 $30,500
Special Catch-up: $41,000 $45,000 $46,000

Cost of Living Adjustments — On November 1, 2023, the Internal Revenue Service issued Notice 2023-75 to announce the 2024 dollar limits.

 

Order Printed Copies of Plan Materials
 

Please refer to the Plan Forms section for a digital copy of the most current CalPERS 457 Plan enrollment kit.

You can order printed copies of CalPERS 457 Plan publications through your dedicated Account Manager. Call or email your Account Manager to place an order.

Digital copies are available for on-demand print in the Plan Forms and Participant Materials sections above.

 

Contact CalPERS Section
 

Representative Map GraphicCalPERS 457 Plan representatives are available to assist you.

  • Email us or call 800-696-3907
    Monday – Friday, 8:00 am – 5:00 pm PT.
  • Fax participant forms to 888-228-6185.
  • Click here for additional mailing information.


Dedicated Account Managers
 are available by region to help your employees stay on track for retirement.

 

 

 

 

Your choice, simplified.