CalSTRS Member Contribution Rate Increases on 07/01/14
Assembly Bill 1469 signed into law by the Governor as part of the 2014/2015 state budget increases STRS member contributions on compensation that is creditable to the Defined Benefit Program. This had previously been set at a rate of 8% of gross pay. Effective July 1, 2014 the STRS member contribution rate will increase to 8.15%. As a result, CalSTRS members (primarily certificated employees) will see an increase to the deduction taken for pension contributions effective on the July monthly payroll.
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The mission of the Payroll Department is to provide accurate and timely compensation to employees in a manner that is cost efficient to the District. The Payroll Department takes pride in serving our customers with fairness, honesty and professionalism. Our goal is to develop a reputation of character and commitment to excellence. Payroll is a part of the Finance Division and is located in Room 1150 on the first floor of the Eugene Brucker Education Center.