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All information calculated using this web site is for estimation purposes only .

This estimate of your purchase of nonqualified service credit costs was calculated using assumptions based on the information you provided. It is your responsibility to ensure that this information is correct. This estimate is not binding upon you or the CalSTRS. If a conflict arises between information provided and the law, the law takes precedence.

Statutory changes are made from time to time that affect CalSTRS benefits and that may affect any decisions you make in relation to those benefits. These changes are made by the California Legislature and the Governor. Although CalSTRS makes every effort to keep its members informed about changes in its benefit structure, it cannot safely predict what the Legislature and Governor may do that might be of interest to you. For this reason, you should keep yourself informed about possible benefit changes by consulting this web site, www.calstrs.com, CalSTRS' Member Services at (800) 228-5453, your union representative (if applicable), your legislative representative, or any other source that you believe may be helpful to you before you make any final decision. You are ultimately responsible for any decision you make in regard to your CalSTRS benefits.

To obtain actual costs to purchase nonqualified service credit, you must contact CalSTRS for a billing statement.

Please, do not send any payments based on these calculations. Any payments received by CalSTRS without an official billing and an established receivable account, will result in monies returned to sender.

Enter your Birth Date:
Enter Your Current Amount of Service Credit (05.000 or more):
Example: 16.123
Enter Your Current Annual Salary:
Dollar signs and commas are not needed
Enter Estimated Purchase Date:
Enter Amount of Service to be Purchased:
or enter a lump sum deposit, below
Enter Amount of Lump Sum Deposit:
or enter amount of Service, above

 

©2005 California State Teachers' Retirement System

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