EIC07-5 Volume 23 Issue 5
Employer Invoicing Improvements for Purchases of Benefit Enhancements
The purpose of this circular is to introduce upcoming improvements to employer invoices for retirement benefit enhancement purchases, such as Excess Sick Leave, One Year Final Compensation for classroom teachers with less than 25 years of service credit, and Retirement Incentive (previously known as Golden Handshake) programs. Detailed information will be distributed in subsequent employer directives.
Employer Information Circulars [EIC] are sent to school district and community college employers as informal guidance that provides immediate information on a single topic.
For an accessible version of this circular, contact ADACoordinator@CalSTRS.com.