New CalPERS Circular Letter Available: Off-Salary-Schedule Pay

CalPERS has posted Circular Letter 200-044-23<www.calpers.ca.gov/page/employers/policies-and-procedures/circular-letters/200-044-23>, defining Off-Salary-Schedule Pay (OSSP), providing information on the correct method of reporting OSSP for classic members, and providing examples of compensation commonly misreported as OSSP. This circular supersedes and replaces Circular Letter 200-048-16.
As a reminder, we encourage you to send all bargaining agreements for classified members to MOU_Review@calpers.ca.gov<mailto:MOU_Review@calpers.ca.gov> for review to ensure reporting compliance. In addition, remember to work with your District Financial Advisor to complete a Public Disclosure of Proposed Collective Bargaining Agreement<sbasweb.sbceo.org/reporting/public-disclosure-of-proposed-collective-bargaining-agreements> prior to Governing Board approval.
Regards,
School Business Advisory Services Team Santa Barbara County Education Office
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