Employer Directive

ED15-03 Creditable Compensation Changes for CalSTRS 2% at 60 Members, Effective January 1, 2015
(Supersedes Employer Directive 2003-04 for service performed on and after January 1, 2015)

This directive notifies employers of the effect of the creditable compensation regulations on the specific principles regarding class of employees, creditable compensation and the crediting of contributions applicable to Defined Benefit Program creditable service performed on and after January 1, 2015.

Employer Directives [ED] convey legal requirements and prohibitions and document CalSTRS policy for school district and community college employers.