Category: Payroll

Posted on

June 28 last day to Submit Payroll Manual/Cancel warrants

Reminder June 28 at 10 a.m. Last day to input and process Payroll Manual and Cancel Warrants for the Fiscal Year
* Tuesday, June 28 at 10 a.m. is the last day to input and submit Payroll Manual and Cancel warrant data for the fiscal year. * After the 10 a.m. deadline, do not input any Payroll Manual or Cancel warrant data. * Information input after the deadline will be deleted. * Payroll Manual and Cancel warrant input and processing resumes on July 1.
For questions about Payroll Manual and Cancel warrant processing, please contact:
* Staci Hunter shunter@sbceo.org<mailto:shunter@sbceo.org> 805-964-4711 x 5254
* Myron Porter mporter@sbceo.org<mailto:mporter@sbceo.org> 805-964-4711 x 5280

Posted on

CalPERS 2022-23 School Employer and Employee Contribution Rates

Attached is CalPERS Circular Letter #200-034-22 on 2022-23 School Employer and Employee Contribution Rates.
The employer contribution rate for FY 2022-23 will be 25.37%.
The member contribution rate for some school employees will change effective July 1, 2022. In accordance with the Public Employees’ Pension Reform Act (PEPRA). For FY 2022-23, the total normal cost rate for PEPRA school members has changed by more than 1% of payroll since the last member rate adjustment. As a result, the member contribution rate for PEPRA members will increase to 8.00% effective with the first payroll period ending in July 2022. The member contribution rate for classic members is set by statute and will remain at 7.00%.
The rates have been changed in Escape payroll system.
If you have questions, call CalPERS Customer Contact Center at 888 CalPERS (or 888-225-7377).
Regards, School Business Advisory Services Team Santa Barbara County Education Office www.sbceo.org/sbas<www.sbceo.org/sbas>
Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox. To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>

pdf icon CalPERS-Circular-200-034-22.pdf
Posted on

Payroll Rates & Limits for 2022-2023

Attached is the Payroll Rates & Limits for 2022-23. The highlights are:
* California State Teachers’ Retirement System (CalSTRS) Board set the employer contribution rate for 2022-23 at 19.1%
* CalSTRS retirees earnings limitation for 2022-23 is $49,746.
* California Public Employees’ Retirement System (CalPERS) Board set the 2022-23 employer contribution rate at 25.37%
* CalPERS employees: Public Employees’ Pension Reform Act (PEPRA – 2% at 62) school members will be subject to a 1.00% increase from their current contribution of 7.00%, for a total of 8% of their salary. This rate increase will become effective on July 1, 2022. For school members not subject to PEPRA (i.e., Classic members), they are required by statute to continue to pay 7.00% of their salary.
Regards, School Business Advisory Services Team Santa Barbara County Education Office www.sbceo.org/sbas<www.sbceo.org/sbas>
Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox. To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>

pdf icon Rates-Limits-2022-2023.pdf
pdf icon Workers-Comp-Rates-2022-2023.pdf
Posted on

Payroll Alert: Fraud – Authorization for Payroll Direct Deposit

Dear School Business Professionals,
Authorization for Payroll Direct Deposit Form – All districts should be aware that an attempt at fraudulent behavior related to this form has occurred at one of our districts. See below for more information.
It has come to our attention that some districts may have placed the Authorization for Payroll Direct Deposit Form as a link on their public-facing website without a username/password. One of our districts has identified that a form was submitted to their payroll office had fraudulent banking information entered on it. It appeared exactly like a normal employee request. Fortunately, sharp eyes were with the payroll staff, it was discovered, and not processed but instead reported to our office.
We are requesting that districts exercise extreme caution with this form by password protecting it or placing on a protected district intranet.
Please be diligent in examining each form when you receive it. We highly recommend following up with employees personally to confirm that the form received was indeed submitted by the employee. If you have any questions about this, please contact the SBAS payroll team for assistance.
Thank you.
Regards,
School Business Advisory Services Team Santa Barbara County Education Office
Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox.
Visit our new website: www.sbceo.org/sbas<www.sbceo.org/sbas>
To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>.

Posted on

UPDATED: Revised STRS On-Behalf Calculation

Dear School Business Officials,
Please see the UPDATED STRS On-Behalf 21-22 and 22-23 Estimate<sbas.sbceo.org/Escape/STRSon-behalf21-22and22-23estimate-valuesonly.xlsx> (<--click here) on our website. You will need this information when working on your Adopted Budget. Thank you, Regards, School Business Advisory Services Team Santa Barbara County Education Office Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox. Visit our new website: www.sbceo.org/sbas<www.sbceo.org/sbas>
To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>.

Thank you,

Posted on

STRS Directive 2022-04 & 2022-03

CalSTRS has issued two new employer directives:

* Employer Directive 2022-04: Executive Order N-4-22
This employer directive is intended to inform employers of Executive Order N-4-22 and how it impacts provisions of previously implemented under Executive Orders N-3-22 and N-12-21.
Please note: CalSTRS will host an employer Question and Answer session on Executive Order N-4-22 on Thursday, March 17 from 1-2pm. Please email EmployerTraining@CalSTRS.com<mailto:EmployerTraining@CalSTRS.com> to obtain your registration link.
For questions regarding how Executive Orders N-4-22, N-3-22 and N-12-21 apply to school employers and CalSTRS retired members, please contact CalSTRS at Postretirement@CalSTRS.com<mailto:Postretirement@CalSTRS.com>.

* Employer Directive 2022-03: Postretirement Earnings Limits
This employer directive is intended to inform and remind employers on Postretirement earnings limit and disability allowance earnings limit for the 2021-22 and 2022-23 fiscal years, and disability retirement earnings limit for the 2022 calendar year.
Regards, School Business Advisory Services Team Santa Barbara County Education Office www.sbceo.org/sbas<www.sbceo.org/sbas>
Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox. To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>

pdf icon STRS-Directive-2022-04-1.pdf
pdf icon STRS-Directive-2022-03-1.pdf
Proudly powered by WordPress