CalPERSPermanent employees who work more than 4.0 hrs. per day are members of the California Public Employees Retirement System, or CalPERS. Once enrolled, 7% of your pretax income gets deferred to this program, which once vested, will provide a lifetime retirement benefit determined by a set formula for you. An employee becomes vested after they have accumulated five (5) years of service credit. Service credit is calculated as time worked from June 1 to July 31 of a year.For more information, please visit the website address: www.calpers.ca.gov the CalPERS Customer Contact Center number is 1-888-225-7377, available weekdays from 8 a.m. to 5 p.m. The Fresno Regional Office is located at 10 River Park Place East, Suite 230, Fresno, CA 93720. Fax number is 559-440-4901.You can log in or register as a participant at:
For Information on a Voluntary Retirement Plan in addition to CalPERS, Visit OMNI:
What does U.S. OMNI do?
Your employer has hired U.S. OMNI to administer their 403 (b) plan in accordance with applicable IRS regulations.
What is a 403 (b) plan?
A 403(b) plan is a voluntary retirement plan offered by public schools and other tax-exempt organizations to their employees to help supplement employee retirement savings. 403(b) plans allow employees to set money aside in a special account and invest it for their retirement.
Contributions are made under a Salary Reduction Agreement (SRA) with your employer. This agreement allows your employer to withhold money from your paycheck to be contributed directly into a 403(b) account for your benefit. Usually, you do not pay income tax on these contributions until you withdraw them from the account.
To complete a Salary Reduction Agreement, click here