Calpers Pepra Limit 2025. Pepra changed the retirement formula to require employees to work till age 57 in order to maximize their retirement benefits. If you were hired on or after january 1, 2013, it’s likely the public employees’ pension reform act (pepra) is applicable to you.

Irc section 401(a)(17) provides an annual compensation limit considered under a qualified retirement plan for some classic members. For 2023, the limit is $37,200;