Business Services - CalSTRS Issues New Creditable Compensation Regulations

CalSTRS Issues New Creditable Compensation Regulations

The long-awaited CalSTRS creditable compensation regulations were adopted by the CalSTRS Board on September 4, 2014. The new regulations govern how CalSTRS will treat various forms of compensation for CalSTRS members who entered the system prior to January 1, 2013 (these members are usually referred to as "classic" or "2% at 60" members). The regulations take effect January 1, 2015.