Creditable Compensation Amendments
CalSTRS’ Creditable Compensation Regulations interpret and make specific Education Code Sections 22112.5, 22119.2 and 22905, related to classes of employees, creditable and noncreditable compensation and the appropriate crediting of contributions to either the Defined Benefit Program or the Defined Benefit Supplement Program.
These amendments explicitly allow establishment of a class of employees based on employment in the same program established under a Local Control and Accountability Plan, further clarify “salary” and “remuneration that is paid in addition to salary,” and remove an unintended loophole that was included in the original language regarding successor pay. The board adopted the final regulations on June 8, 2017. The amendments were filed with the Secretary of State on August 22, 2017, and are effective October 1, 2017.
OAL File Number Z-2016-0920-07
Regulatory Action Number 2017-0714-02S
For accessible versions of files on this page, contact ADACoordinator@CalSTRS.com.
Posted on September 6, 2017
Posted on April 10, 2017
Written comment period closed on April 25, 2017.
Posted on September 30, 2016
Written comment period closed at 5 p.m. November 14, 2016.