Eligible active and inactive members and Cash Balance Benefit participants may receive one or both additional earnings credits authorized by the board for fiscal years 2005-06 and 2006-07. You may also be eligible to receive an Additional Annuity Credit.

Percentage Increase Fiscal Year 2005-06

Members who had funds in the Defined Benefit Supplement (DBS) or Cash Balance Benefit (CB Benefit) Programs as of June 30, 2006, will receive:

• 2.49% credit in a DBS account
• 1.18% credit in a CB Benefit account

Percentage Increase Fiscal Year 2006-07

Members who had funds in the DBS or CB Benefit Programs as of June 30, 2007, will receive:

• 4.41% credit in a DBS account
• 4.69% credit in a CB Benefit account

Ways Credit is Distributed

Active and inactive DBS members and CB Benefit participants will:

• Have the first Additional Earnings Credit applied to either their DBS or CB Benefit Program account on May 16, 2009
• Have the second Additional Earnings Credit applied to either their DBS or CB Benefit Program account on May 23, 2009

Credit amount will be in the 2009 Retirement Progress Report

• Retrieve information on myCalSTRS in December 2009.
• Estimate the amount of your Additional Earnings Credit prior to receiving your 2009 Retirement Progress Report.

If you have questions about the Additional Earnings Credit, contact CalSTRS.