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Retirement

The City of Stockton participates in the California Public Employees Retirement System (CalPERS).  Contributions to this plan are made by the City on behalf of each participating employee and by the employee.  The City receives annual reports from CalPERS.

For additional information about CalPERS, a link to their web site is provided under External Links below.

 

Deferred Compensation 457 Plan

This supplemental retirement savings program, allows employees to make contributions on a pre-tax basis.  Federal and state income taxes are deferred until assets are withdrawn. 

 

Benefits of participating in this plan are listed below:

  • Earnings accumulate tax-deferred
  • Manage contributions as desired
  • Portability - move account if needed
  • Reduce income tax liability while saving for retirement
  • Supplement retirement income in lieu of Social Security
  • Wide range of investment options offered through Hartford Life and ICMA

 

Retiree Healthcare

The following information is provided to assist City of Stockton retirees with making choices about retiree healthcare.  Information about recent changes to retiree medical benefits and health plans, and possible options, is provided in the documents below, including information about the Affordable Care Act. 

 

Links to other useful web sites that provide health benefit resources for retirees and young adults are found under External Links below.

 

If you have additional questions, please directly contact the Human Resources Department.

 

External Links


California Public Employees Retirement System (CalPERS)

Affordable Care Act: California Exchange

E-HealthInsurance

Extend Health

HealthCare.gov 

Kaiser

MediCal

Medicare

University of Pacific

This City of Stockton web page last reviewed on --- 8/13/2013