Pension Reform Impacts on CalSTRS
California Public Employees' Pension Reform Act of 2013
CalSTRS has conducted an assessment of AB 340, the California Public Employees’ Pension Reform Act of 2013, and its impact on CalSTRS members and operations and outlined key changes.
- Frequently Asked Questions: AB 340, the Public Employees’ Pension Reform Act of 2013
- Detailed Summary:
Note: The detailed summary has been revised after a reevaluation of the provisions regarding postretirement employment. The $0 earnings limit will be extended to all members whose most recent retirement is on or after January 1, 2013, regardless of age, for the first 180 calendar days of the member’s most recent retirement.
- Fact Sheet:
- Statement: CalSTRS Releases Summary of Pension Changes and Funding Resolution
- Bill Text and Status: AB 340 (Furutani) – California Public Employees’ Pension Reform Act of 2013