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Retirement

The Retirement staff provides services in the area of retirement to local educational agencies and their employees.

We serve as a liaison and reporting agent to ensure retirement and payroll information is reported and contributions and payments are submitted to the appropriate state and federal agencies. We coordinate with the California State Teachers’ Retirement System (CalSTRS), California Public Employees’ Retirement System (CalPERS), third party administrators for districts’ 403b and 457 plans, the Internal Revenue Service, and the Social Security Administration. During processing of monthly payrolls, we audit payroll information for accurate retirement reporting and contributions. Workshops are hosted locally so employees can learn about retirement systems. Training is provided for school district staff and we keep local educational agencies informed about pertinent topics such as pension reform and changes to rates for retirement system calculations and contributions.

For more CalSTRS information:  http://www.calstrs.com/

For more CalPERS information: http://www.calpers.ca.gov/