If the information affects a previous fiscal year, the adjustment is shown on your current report.
If we receive information affecting the current year's report but it is received too
late to add to this year’s report, the information will be shown as an adjustment
on your report next year.
Beginning this year, CalSTRS is using earnings information reported by your
employer to calculate your final compensation estimates. In prior years projected
earnings were used, which in some cases may have caused your final compensation
to be overstated.
Active members: Contact your employer, they will notify CalSTRS.
Inactive members: Contact CalSTRS directly.
Submit a photocopy of your birth certificate or passport with a letter stating
your birth date is incorrect on your CalSTRS Retirement Progress Report. Please
include your Client ID number in your correspondence. You can mail the information
to:
CalSTRS
P. O. Box 15275, MS# 81
Sacramento, CA 95851-0275
Contact CalSTRS directly.
Submit a photocopy of your Social Security card for verification with a letter that says your Social Security number is incorrect on your CalSTRS Retirement Progress Report. Please include your Client ID number in your correspondence.
Submit a photocopy of your Social Security card, marriage license or court document showing your correct name to verify or change the name on your account. Please include your Client ID number.
Employer contributions to the Defined Benefit Program are paid into the Teachers' Retirement Fund to finance
future benefits. These contributions do not affect the amount of retirement benefits you receive, nor are they
refundable if you terminate CalSTRS-covered employment. The contributions shown on your report represent the amount you would be paid if you took a refund of your account balance.
Employer contributions paid for service in excess of one year, limited-term enhancements and some incentives
will be credited to your Defined Benefit Supplement account.
Disability benefits under Coverage A are not listed in the Retirement Progress Report due to projected service credit. Projected service credit is service credit earned under disability and, under Coverage A, is calculated at Service Retirement. A Service Retirement quote with projected service credit may be requested at any time.
Additional information on disability benefits is in the Member Handbook.
It is a personalized annual statement for Defined Benefit and Defined Benefit Supplement members and Cash Balance Benefit participants. Additional information on retirement planning is included.
Online, at myCalSTRS, as early as October. If you opt to receive an online-only copy we will send you an email notification when it is available to view.
Log in to myCalSTRS at CalSTRS.com and go to Settings, then Your Profile and select the Retirement Progress Report Notification option.
The information in your Retirement Progress Report provides an overview of your
CalSTRS account information. The facts and figures, such as years of service credit,
will ultimately be used to calculate your retirement benefits. It is important for
you to review this information and verify the accuracy of the information CalSTRS
receives from your employer.
Included in the report:
Defined Benefit members - service credit, account balances, retirement estimates (if over age 45), and designated beneficiaries.
Cash Balance participants - total account balance, and total contributions for the fiscal year.
Yes, if you have a myCalSTRS account. Reports are available online for the past 10 years. To receive future reports and other benefit information online sign up for a myCalSTRS account at my.CalSTRS.com.
Yes, log on to your myCalSTRS account, go to Settings, then Your Profile and edit your Retirement Progress Report Notification option. By making this change you will stop the mailing for the following year. An email notification is sent to you when the report is available, usually in October. You can sign up for a myCalSTRS account at my.CalSTRS.com.
The Defined Benefit program is based on your service credit, age and final compensation. You must have five years or more of service credit and be eligible to retire to receive this benefit.
The Defined Benefit Supplement program is a savings account that provides additional income at retirement. From January 1, 2001 through December 31, 2010, each member of the Defined Benefit Program contributed 8 percent of their salary to CalSTRS – 6 percent was credited to the Defined Benefit account and 2 percent to the Defined Benefit Supplement account.
Beginning January 1, 2011, the full 8 percent of CalSTRS salary goes to the Defined Benefit program.
Any contributions in excess of one year of service credit are credited to your Defined Benefit Supplement account.
Detailed information on these programs is in the Member Handbook.
Contributions and interest from compensation paid in the California public school system may be rolled over to a qualified IRA or to an eligible employer plan that accepts rollovers. This is upon terminating employment and requesting a refund. Defined Benefit Supplement payments may also be eligible for rollover to a qualified IRA or an eligible employer plan that accepts rollovers.
