ED14-06 Interest and Contribution Rates and Present Value Factor for Fiscal Year 2014-15 Updated for the Defined Benefit Program Contribution Rate Increases as set forth in Chapter 47, Statutes of 2014 (Assembly Bill 1469)
(Supersedes Employer Directive 2014-02)
The purpose of this directive is to communicate the following rates and present value factors for the Defined Benefit Program, the Defined Benefit Supplement Program and the Cash Balance Program, as set forth by the legislature and as adopted by the Teachers’ Retirement Board.
Employer Directives [ED] convey legal requirements and prohibitions and document CalSTRS policy for school district and community college employers.
For an accessible version of this directive, contact ADACoordinator@CalSTRS.com.