CalPERS 457 Deferred Compensation Plan

Transferring Money Among the Funds

You may move money between investment options any time through the Account section of this Web site by logging on and selecting "Manage Investments" Under the Investment & Research tab or by calling the automated Plan Information Line at 1-800-260-0659. If you need assistance you can call the Plan Information Line, Monday - Friday, 6:00 a.m. to 5:00 p.m. Pacific Time and speak with a Participant Service Representative. The options for moving money are:
  • Fund Transfers - You may move money from one fund to another. Transfers must be made in 1% increments, and will be effective the same business day if made before 1 p.m. Pacific Time. You cannot transfer money from one fund to another and back to the original fund in the same day.
  • Reallocate Balances - You may change the way your current balance is invested across all funds at any time. The "Reallocate Balances" transfer transaction must be in percentages and in increments of 1%.
  • Rebalance Account – You may choose to have your account balances reallocated automatically at the end of each quarter to your current Elected Percentages.
Transactions completed before 1:00 p.m. Pacific Time. will be processed the same business day. Transactions completed after 1:00 p.m. Pacific Time. will be processed the next business day. You may cancel a transaction if you do so before 1:00 p.m. Pacific Time on the same day the transaction is made.