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Updates

CalSTRS Employee Contributions Effective July 1, 2022

Classic Members 2% @ 60:   10.25%       PEPRA Members 2% @ 62:   10.205%

CalSTRS Employer Contributions Effective July 1, 2022

16.92%

CalSTRS 2021-22 Earnings Limitation

2021-22 Fiscal-Year Limit = $48,428
July 1, 2021 - June 30, 2022

CalPERS Employee Contributions Effective July 1, 2022

Classic Members:   7.0%        PEPRA Members:    8.0%

CalPERS Employer Contributions Effective July 1, 2021

22.91%

CalPERS 2021-22 Earnings Limitation 

2021-22 Fiscal-Year Limit  =  960 hours or less in a fiscal year
July 1, 2021 - June 30, 2022

Sales Tax rate effective APRIL 1, 2019

10.25%.

Federal Mileage Rate Effective July 1, 2022

The standard business mileage reimbursement rate is 62 cents per mile. Mileage reimbursements incurred on or after July 1, 2022, are eligible for the new rate.

Minimum Wage Effective January 1, 2022

$15.00 per hour