If you are currently employed with the State of California and you are a member of CalPERS or if you are an active judge and a member of the Judges Retirement System I or II, you are eligible to participate in the Supplemental Contributions Plan (SCP).

To enroll in the SCP, you merely complete a Supplemental Contributions Plan Employee Action Form which you can obtain by calling the CalPERS Information Line at 1-800-260-0659 or by downloading the form from this website."

Before you join, decide what dollar amount from your pay you want to contribute to the Plan. The amount should not exceed the yearly maximum IRS limit. Next, decide how you want your contribution allocated among your choice of investment options. The Target Retirement Date Funds have been designated as the default investment under the Plan. IF YOU DO NOT MAKE AN AFFIRMATIVE INVESTMENT ELECTION PRIOR TO THE DATE THE FIRST CONTRIBUTION IS DEPOSITED INTO YOU ACCOUNT, YOUR CONTRIBUTIONS WILL BE INVESTED IN THE APPROPRIATE TARGET RETREMENT DATE FUND, BASED ON YOUR DATE OF BIRTH AND ASSUMING YOU WILL RETIRE AT AGE 59. Prior to investing you should carefully review all fund information and objectives and consider consulting with an outside investment adviser.

Finally, designate the beneficiaries you want to receive your money in the event of your death. Then sign and return the form to the address printed on the form. It’s that easy.

Section 415 (c) of the Internal Revenue Code (IRC) sets limits on the annual amount you can contribute. Review the Supplemental Contributions Plan IRC 415(c) Limit Worksheet to determine the amount you are able to contribute. This and all other forms are located on the website. Once you have completed this worksheet, complete the Supplemental Contributions Plan Employee Action Form for both cash and payroll deductions and the Supplemental Contributions Plan Beneficiary Designation Form. Be sure to include your Social Security number on all checks. Submit all forms and checks to:

Voya Financial
Attn: CalPERS
PO Box 389
Hartford, CT 06141