PARA SERP


San Diego Unified School District and California School Employees Association Paraeducators (CSEA/PARA) have met and conferred in good faith ans agreed on an MOU for a Supplemental Retirement Program for 2016-17. The SERP will only be available to CSEA/PARA bargaining unit members in accordance with the terms contained in the MOU.

 

In order to be eligible got the SERP, CSEA/PARA members must meet all six criteria as set forth in the MOU, summarized below:

 

(1) Must be a Paraeducator Unit Member

 

(2) Must be permanent classified employee of the district as of February 21, 2017

 

(3) Must have five years of district service as a permanent classified employee as of June 30. 2017, for traditional school or central office employees, or as of July 21, 2017, for year-round employees

 

(4) Must be eligible to retire under CalPERS or CalSTRS as of June 30, 2017, for traditional school or central office employees, or as of July 21, 2017, for year-round employees

 

(5) Must submit all required SERP enrollment materials, STRS/PERS retirement eligibility documentation and district Letter of Resignation to the Office of Public Agency Retirement Services (PERS) on or before April 21, 2017

 

(6) Must have resigned from District employment on the last workday for the 2016-17 school year, effective on or before June 30, 2017, for traditional school or central office employees, or on or before July 21, 2017, for year-round employees

 

 

Orientation Meetings Flyer

 

Workshop Flyer

CalPERS Flyer

Additional CALPERS meetings:

March 30, 2017 
1 p.m. until 4:00 p.m.
Ed. Center Auditorium

April 6, 2017
12:30 p.m. until 4:00 p.m.
Ed. Center Auditorium

Please note:  These meetings are for general questions about retirement.  The format of these meetings will be a one-on-one question and answer meeting.  No appointment necessary. 

 

Information on Medical Benefits

 

Frequently Asked Questions and Answers

 

If you have any general questions, please call 619-725-7024.

 

 

The district and CSEA/ PARA agree that the SERP must have sufficient plan participation in order to meet the district's fiscal and operational objectives by the enrollment deadline of April 21, 2017, in order for the SERP to go into effect for CSEA/PARA. These objectives include that teh SERP will generate net savings, or no net cost, to the district's General Fund-Unrestricted, in the initial year of implementation and cumulatively over five years. Further, the district reserved the right to determine which positions vacated by retirement shall be filled, provided that any net savings to the General Fund-Unrestricted from the 2016-17 SERP in Fiscal year 2017-2018, will only be used to fill positions that are in needed areas and/or are needed to meet contractual obligations