The purpose of this circular is to inform County Offices of
Education, School Districts, Community Colleges and Charter
Schools of common employer audit findings and to
provide guidance on preventive actions to take to avoid
these findings in the future.
CalSTRS is currently in the preliminary stages of developing and
adopting regulations relating to the timely reporting and
remittance of contributions made by CalSTRS members and
employers. Those regulations have not been adopted,
are subject to change as the regulatory
process proceeds, are not yet in effect and are not expected
to be in effect any earlier than mid-2012.
The 403bCompare Web site has just completed a review and update
of information listed on the web site, with special
attention focused on the fee comparison section. During a routine
review of vendor products and information it was determined
that many vendors had not updated the fee
section of the web site.
It is important that CalSTRS maintain accurate addresses in order
to mail important information to our members, such as the
annual Retirement Progress Reports. In the past CalSTRS
required employers to submit address file updates once a
Electronic privacy is crucial for the ongoing success of the
Internet as a convenient means to provide customer service. Your
personal information will be used only to conduct CalSTRS-related
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) today announced that, effective January 1, 2014,
CalSTRS Retirement Progress
Reports (RPR) will be available exclusively online, unless a
paper version is requested. The change is enacted under
Assembly Bill 989.