Can I take a loan from my CalPERS retirement account?

account CalPERS loan retirement
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Jeorge Waters

Guys, I’ve heard that you can get payday loans in maryland on really good terms, is that right? I need money now and I can’t really decide if taking a payday loan is a good option or not, and what are your thoughts?

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Current law does not allow you to borrow from or make a loan against the member contributions you have in your CalPERS account. There are no provisions for emergency or hardship loans.

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