The State Worker

Chronicling civil-service life for California state workers

January 18, 2013
January state retirement applications to CalPERS up 15 percent

The number of state workers entering retirement spiked in January, rising 15 percent over the same month one year ago, according to CalPERS.

The fund's monthly report shows that 2,264 state workers applied for their pensions, compared with 1,970 in January 2012. It was the biggest comparative January increase since 2010, when three-days-per-month furloughs and labor unrest contributed to a 31 percent spike in state retirement applications.

Total retirement applications to CalPERS, which include state and local governments and school district employees, rose 3 percent to 4,657.

The fund counts pension applications from mid-month to mid-month, so the January data includes the last half of December. Many state employees retire during that period because of how CalPERS' times initial cost-of-living-adjustments.

Here's a broader view of monthly state retirement figures dating to 2007, with more detailed spreadsheets at the bottom of the page:

Tip o' the cap to CalPERS' Amy Norris for faithfully shipping retirement data to The State Worker every month.

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About The State Worker

Jon Ortiz The Author

Jon Ortiz launched The State Worker blog and a companion column in 2008 to cover state government from the perspective of California government employees. Every day he filters the news through a single question: "What does this mean for state workers?" Join Ortiz for updates and debate on state pay, benefits, pensions, contracts and jobs. Contact him at (916) 321-1043 and at jortiz@sacbee.com.

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