Attached is the updated CalPERS Pay Rate Reporting for Classified School Members circular letter.
The purpose of this circular letter is to inform school employers on compliant pay rate reporting for classified school members and increase awareness of how misreported pay rates cause inaccurate service credit accrual and inaccurate retirement benefits.
This circular letter supersedes and replaces the information related to Payrate Reporting for Classified School Members in 200-014-24 published on March 8, 2024.
CalPERS Circular Letters are located at www.calpers.ca.gov/page/employers/policies-and-procedures/circular-letters
Questions related to CalPERS FTE pay rate compliance and reporting can be emailed to the Employer Account Management Division – Audit Compliance and Resolution Unit at MOU_Review@calpers.ca.gov<mailto:MOU_Review@calpers.ca.gov>.
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>
The purpose of this circular letter is to inform school employers on compliant pay rate reporting for classified school members and increase awareness of how misreported pay rates cause inaccurate service credit accrual and inaccurate retirement benefits.
This circular letter supersedes and replaces the information related to Payrate Reporting for Classified School Members in 200-014-24 published on March 8, 2024.
CalPERS Circular Letters are located at www.calpers.ca.gov/page/employers/policies-and-procedures/circular-letters
Questions related to CalPERS FTE pay rate compliance and reporting can be emailed to the Employer Account Management Division – Audit Compliance and Resolution Unit at MOU_Review@calpers.ca.gov<mailto:MOU_Review@calpers.ca.gov>.
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>
Pay-Rate-Reporting-for-Classified-School-Members-CalPERS.pdf