1. a woman who cohabits with a man to whom she is not married, esp. one regarded as socially or sexually subservient; mistress. 2. (among polygamous peoples) a secondary wife, usu. of inferior rank. [1250â1300; (< Anglo-French) < Latin concubÄ«na <concumbere to lie together (see con-, incumbent)]
CalPERS Retirement Benefits: 1  The plan is a defined benefit plan with retirement benefits calculated based on age at retirement, years of service and compensation. 2  Plan vesting is at five years of PERS credited service. 3  Members in the 2% at 55 and 2% at 57 benefit formulas have a minimum retirement age of 50.
Overall, CalPERS sent $2.16 billion to roughly 81,000 beneficiaries living elsewhere in 2013, based on monthly pension payments made in December of that year, the latest for which CalPERS data are available.