CalPERS is coordinated with Social Security, meaning you are eligible for benefits from the retirement system as well as full Social Security benefits.
- As a member of CalPERS, employees also participate in Social Security.
- Social Security and Medicare taxes are withheld from your paycheck.
- 2011 withholding rates are 6.20 percent for Social Security and 1.45 percent for Medicare.
- Social Security maximum taxable earnings are $113,700, effective January 1, 2013.
- Social Security Retirement Estimator