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State Response : PEPRA <br /> C a 1PERS CALSTRS _sanicERA <br /> For " New Members: " <br /> Lower retirement formula <br /> Safety: 2%@57 Misc. • 2%@62 <br /> Final compensation : 3-year average <br /> Employee pays 50% of " normal cost" <br /> Pensionable Compensation limits & <br /> exclusions <br />