WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System (CalSTRS) today announced the promotion of Lisa Blatnick to Chief of Administrative Services, an executive position focused, in part, on attaining business goals outlined in CalSTRS 2014-15 fiscal year business plan. Ms. Blatnick’s position was effective August 1, 2014.
The purpose of this directive is to add the employer contribution rate for the Reduced Workload Program and for elected officers of an employee organization adopted by the Teachers’ Retirement Board (Board) in June to previously released Employer Directive 2009-04.
The purpose of this directive is to inform employers of the regular interest and credited interest rates for the Defined Benefit (DB) Program, minimum interest for the Cash Balance (CB) Benefit Program, and the minimum interest rate for the Defined Benefit Supplement (DBS) Program.
This directive contains information for county superintendents of schools, school districts, community college districts, and any agencies that employ CalSTRS retired members to perform creditable service.
The purpose of this directive is to inform employers of required changes to the reporting of Cash Balance Voluntary Deduction Files (VDF). These requirements are fully compliant with Part 14, Chapter 4 (Employer and Participant Responsibilities) of the California Education Code, which mandates reporting of contributions and assessment of penalties.
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