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Updates

CalSTRS Employee Contributions Effective July 1, 2018

Classic Members 2% @ 60:   10.25% 

PEPRA Members 2% @ 62:   10.205%

 

CalSTRS Employer Contributions Effective July 1, 2018

16.28%

 

CalSTRS 2018-19 Earnings Limitation

2018-19 Fiscal-Year Limit  =  $45,022
July 1, 2018 - June 30, 2019

 

CalPERS Employee Contributions Effective July 1, 2018

Classic Members:   7.0%

PEPRA Members:    7.0%

 

CalPERS Employer Contributions Effective July 1, 2018

18.062%

CalPERS 2018-19 Earnings Limitation 

2018-19 Fiscal-Year Limit  =  960 hours or less in a fiscal year
July 1, 2018 - June 30, 2019

 

Sales Tax rate effective October 1, 2017

9.50%.

 

Federal Mileage Rate Effective January 1, 2018

Effective January 1, 2018, the standard business mileage reimbursement rate is 54.5 cents per mile. Mileage reimbursements incurred on or after January 1, 2018, are eligible for the new rate.

 

Minimum Wage Effective January 1, 2018

$11.00 per hour