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EIC20-1 Volume 36 Issue 1

Crediting of contributions and penalties and interest payments

January 22, 2020

The purpose of this circular is to notify employers that effective January 21, 2020, CalSTRS has discontinued the process of issuing refund checks to employers for overpayment of contributions and/or penalties and interest payments. Effective January 21, 2020, overpayment of contributions and/or penalties and interest payments will be credited to employer accounts.

Employer Information Circulars [EIC] are sent to school district and community college employers as informal guidance that provides immediate information on a single topic.

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