EIC20-5 Volume 36 Issue 5
Fiscal year 2020-21 creditable compensation limit for Defined Benefit CalSTRS 2% at 62 members and Cash Balance participants subject to PEPRA
The purpose of this circular is to inform employers of the 2020-21 fiscal year limit on creditable compensation for CalSTRS 2% at 62 Defined Benefit Program members and Cash Balance Benefit Program participants subject to the California Public Employees’ Pension Reform Act of 2013 (PEPRA).
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.