Calpers Golden Handshake 2024 Game. In order to offer a golden handshake, there must be an impending layoff and the employer must be able to demonstrate that enough savings can be realized to pay for the. The question is not asked in the calpers and calstrs golden handshake programs.
Until a pension reform six years ago, calpers and calstrs members could boost their pensions by buying credit for up to five years of service without doing the work, thus the. Eligibility for the “golden handshake” included being more than 50 years of age and having more than five years of service in a calpers program.