The Partial Service Retirement Program - Printable Version +- FreeBeg (https://www.freebeg.com/forum) +-- Forum: About this site (https://www.freebeg.com/forum/forumdisplay.php?fid=5) +--- Forum: Spammers/Scammers (https://www.freebeg.com/forum/forumdisplay.php?fid=6) +--- Thread: The Partial Service Retirement Program (/showthread.php?tid=81262)

The Partial Service Retirement Program - latestdatabase - 10-08-2025 (PSRP) allows certain employees to reduce their work time by at least percent, but not more than percent. In other words, you must work at least percent of full time, but not more than percent. The California Department of Human Resources (CalHR) has the administrative responsibility for the PSRP; however, each appointing power has the discretion to consider and approve requests for employee participation in PSRP to the extent that necessary work at the department will continue to be performed. Refer to PML - for further information.    Eligibility Criteria Full time State miscellaneous or industrial employees are eligible to request participation if they meet one of the following:   Credited with at least years of State service and are in either In the first Tier retirement plan with an attained age of years; or.In the Second Tier retirement plan with an attained age of years. Have the required years of service with the necessary attained age for retirement under the First Tier or the Second Tier and the sum of his/her age, when added to his/her service, equals or exceeds years. To qualify under this pattern, the employee special lead must meet the minimum age and service credit requirements under the applicable retirement plan. Under the First Tier retirement plan, the minimum age is and the minimum service credit is or more years. Under the Second Tier retirement plan, the minimum age is and the minimum service credit is years. (For example, an age employee with ten years of service would qualify under this pattern; however an age employees with years service would not qualify).   Employees are not eligible to participate if He/she is employed by the University of California..He/she is classified as State Safety or patrol members.  Change in Fractional Time Base The following are restrictions to changes in time base and must be approved by the appointing power: A fractional time base can be further reduced once each fiscal year. A fractional time base can be increased once each five years. Employees who receive departmental approval to voluntarily return to full time are ineligible to participate in PSRP for five years. Participants can be require to return to full time employment by the appointing power only if a state of emergency is declared pursuant to Government Code (GC) Section that affects the area of the State in which the employee works.    Employee Benefits Employees participating in PSRP are not considered "retired" until they elect full retirement. Therefore, benefits are earned in the following manner: Health, Dental and Vision Benefits: All participants, regardless of fractional time base are entitled to the same health, dental, and vision benefits as are provided by law for employees under the same circumstances who are employed full time.   FlexElect Benefits: All participants, regardless of fractional time base are eligible to participate in the FlexElect cafeteria benefits program as provided by law for employees under the same circumstance who are employed full time.