October 6, 2004

Employee workshops focus on money matters

The Human Resources’ Benefits Office has scheduled a number of financial workshops in the coming month. They include:

• Oct. 5, 9 to 11:30 a.m., University Union Forest Suite – “Achieving Financial Security” presented by CalPERS and American General Financial. This is for individuals retiring in 10 years or more. Topics will include cash-flow management, credit scores, risk management, investment strategies, retirement planning, estate planning, and online tools available to CalPERS members.
• Oct. 7, 9 to 11:30 a.m., University Union Forest Suite – “CalPERS General Overview” is for new employees eligible for the CalPERS retirement program. Attendees will learn about benefits using an interactive worksheet to calculate retirement estimates. Other topics include membership in CalPERS, ways to increase your pension, service credit, post-retirement benefits, and online tools and resources. Attendees should bring a calculator.
• Oct. 12, 9 to 11:30 a.m., University Union Delta Suite – “Understanding Social Security” will cover a variety of common questions about Social Security, including how benefits relate to PERS or STRS retirement programs. A Social Security public affairs representative will make a presentation, with information on benefit programs, the future of Social Security and more.
• Oct. 14, 9 to 11:30 a.m., University Union Forest Suite – “The Savings Plus Program” will provide an overview of the Deferred Compensation Plan (457) and the Thrift Plan (401k). Topics will include federal and state contribution limits, catch-up features, buyback of CalPERS service credit options and more.
• Oct. 19, 9 to 11:30 a.m., University Union Delta Suite – “CalPERS Retirement Planning” will cover how retirement benefits are calculated, what to consider about retirement dates, taxes and retirement benefits, CalPERS health benefits and more. There will also be information about Sacramento State retirement procedures.
• Nov. 1, 9 to 11:30 a.m., location to be determined – “CalPERS Managed Medicare and Supplement to Medicare Benefits” will cover various issues related to CalPERS benefits as they relate to Medicare, including out-of-country programs, emergencies, and recent federal legislation.

For more information, contact the Benefits Office at 278-6213.

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