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CCPOA Information for Parole Services Associates

If you are a Parole Services Associate and you hired on or after August 11, 2004 you were automatically enrolled in the Alternative Retirement Program (ARP).

What this means is that for the first two years 5% of their pay was deducted and placed in an ARP account. In their 25th month, the deduction stop going into the ARP and start going to CalPERS. During months 47 and 49, they have to choice what to do with the money in their ARP account. They have three options:

  1. They can transfer the money to CalPERS.

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Posted: February 3, 2010
Subject: Benefits, Financial Affairs  Doc type:   Author: CCPOA
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