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Updates

CalSTRS Employee Contributions Effective July 1, 2019

Classic Members 2% @ 60:   10.25% 

PEPRA Members 2% @ 62:   10.205%

 

CalSTRS Employer Contributions Effective July 1, 2021

16.92%

 

CalSTRS 2022-21 Earnings Limitation

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

 

CalPERS Employee Contributions Effective July 1, 2019

Classic Members:   7.0%

PEPRA Members:    7.0%

 

CalPERS Employer Contributions Effective July 1, 2021

22.91%

CalPERS 2019-20 Earnings Limitation 

2019-20 Fiscal-Year Limit  =  960 hours or less in a fiscal year
July 1, 2019 - June 30, 2020

 

Sales Tax rate effective APRIL 1, 2019

10.25%.

 

Federal Mileage Rate Effective January 1, 2021

Effective January 1, 2021, the standard business mileage reimbursement rate is 56 cents per mile. Mileage reimbursements incurred on or after January 1, 2021, are eligible for the new rate.

 

Minimum Wage Effective January 1, 2021

$14.00 per hour