CalPERS and CalSTRS

CalPERS and CalSTRS Member Contributions

CalPERS Member Contribution Rates

Classic Members (joined prior to January 1, 2013):

  • The rate of Classis PERS remains at 7% of creditable compensation.

New Members (joined on or after January 1, 2013) under the Public Employees' Pension Reform Act (PEPRA):

  • Effective July 1, 2018, the rate increased from 6.5% to 7% of creditable compensation.
  • Effective July 1, 2022 the rate increased from 7% to 8% of creditable compensation.
Additional information can be found on the CalPERS website. You can visit the CalPERS web site at: https://www.calpers.ca.gov/

CalSTRS Member Contribution Rates

Assembly Bill 1469 was signed into law by the Governor as part of the 2014/2015 state budget. It increases the CalSTRS 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 for all members.

Below are the rates in effect since the start of the 2015 fiscal year for:

Classic Members (Hired prior to January 1, 2013):

  • Effective July 1, 2015 the rate increased from 8.15% to 9.2%.
  • Effective July 1, 2016 through June 30, 2021, the rate increased from 9.2% to 10.25%.

New Members (Hired on January 1, 2013 or later):

  • Effective July 1, 2015 the rate increased from 8.15% to 8.56%
  • Effective July 1, 2016 the rate increased from 8.56% to 9.205%
  • Effective July 1, 2017 the rate 9.205% remained in force.
  • Effective July 1, 2018 the rate increased from 9.205% to 10.205%.

Additional information can be found on the CalSTRS website. You can visit the CalSTRS web site at: https://www.calstrs.com/