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, 2018
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
