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, 2020
16.15%
CalSTRS 2020-21 Earnings Limitation
2020-21 Fiscal-Year Limit = $47,713
July 1, 2020 - June 30, 2021
CalPERS Employee Contributions Effective July 1, 2019
Classic Members: 7.0%
PEPRA Members: 7.0%
CalPERS Employer Contributions Effective July 1, 2020
20.70%
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, 2020
Effective January 1, 2020, the standard business mileage reimbursement rate is 57.5 cents per mile. Mileage reimbursements incurred on or after January 1, 2020, are eligible for the new rate.
Minimum Wage Effective January 1, 2021
$14.00 per hour
