Calpers Golden Handshake 2024. Current law allows for a golden handshake to provide an additional two years of service credit. To issue a golden handshake, calpers employers are expected to show cost savings and must certify the added service credit avoids “mandatory transfers, demotions and.
To issue a golden handshake, calpers employers are expected to show cost savings and must certify the added service credit avoids “mandatory transfers, demotions and layoffs” and at. Since the california supreme court upheld a law that reduced the potential retirement income of many government employees, county funds have been recalculating how.