The purpose of this circular is to inform you that the attached
Retirement System Election form (ES 372) has been revised.
Please immediately discontinue use of the old form.
The purpose of this circular is to retract the Employer
Information Circular Volume 25; Issue 9 of May 29, 2009, as
it contained an error regarding the Community College
requirement indicating that participation could not be above
that of a department chair.
The purpose of this circular is to remind employers of the
qualifications and requirements of both the employers and
employees that must be met and approved prior to participating in
the Reduced Workload Program (RWP).
Effective July 1, 2009, CalSTRS will require reporting of
Classification Code and Base Hours on the Monthly and
Supplemental Reports of Retirement Contributions (F496 files) for
members employed by a community college in part-time (hourly
or daily) or adult education assignments.
It is important that CalSTRS receive updated employee address
information in order to mail communications, such as the
Retirement Progress Report, to the appropriate address.
CalSTRS requires employee address file updates from all
employers in order to keep our database current and ensure
that we have the members’ most current addresses.
CalSTRS Sacramento headquarters is moving in June 2009. This
circular shares with you and your employees, who are CalSTRS
members, contact instructions for employers and
CalSTRS member services and delivery of applications and
forms.
The purpose of this circular is to clarify for employers the ways
in which community college parity payments can be reported
to CalSTRS’ Defined Benefit Program.
The purpose of this circular is to alert employers that the
Internal Revenue Service has announced the pension plan
limits for tax year 2009. The following limits apply to benefits
paid and compensation attributable to the Defined
Benefit (DB), the Defined Benefit Supplement (DBS),
and the Cash Balance (CB) Benefit Programs.
Due to budget constraints, some school districts may be
considering furloughs, salary reductions and retirement
incentives. Following is information about the potential
effects of furloughs, salary reductions, and retirements to
employers and CalSTRS members.
New federal regulations that became effective January 1, 2009,
made significant changes in the way the 403(b) plans are
managed. The new rules are complex. As a result, you may be
facing unintended consequences and unexpected problems.
The purpose of this circular is to inform employers that
effective March 31, 2009, CalSTRS will require the use of
CalSTRS Secure Employer Web site (SEW) for all Remote Employer
Access Program (REAP) applications. Access to the REAP
applications using your Virtual Private Network (VPN)
connection will no longer be available as of March 31,
2009.
