December 14, 2017
We have notified LACOE to process the Retro checks. They should arrive to our District next week. We will complete one final review once the checks arrive. I will send you an email next week once the checks are ready for release. Thank you for communicating the updates to the teachers. Your communication has helped streamline the process. -Vanessa Eastland, SGUSD Accounting. --------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- December 13, 2017 From SG Accounting Dept: “We are currently in the process of reviewing the final retro calculations and if all goes well, we will notify LACOE to finalize the retro check. I will have more information by Friday and will provide another update.” -Vanessa Eastland, CPA --------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- November 9, 2017 Listed below is an update from the accounting department: 1. 1% retro for 2016/17 – “ We have submitted the request for the retro payroll run to the County. The County will issue a retro file next week. We will then manually calculate the retro and send it back to the County for processing. Since this is a manual process, our goal is to process the 1% and 2% retro no later than Christmas break. I will keep you updated on the status if that changes. “ 2. 2% for this year Aug, Sept, Oct, Nov (?) – “2% will be for August, September, October and November.” 3. When does our 3% increase start? Check end of Nov? Dec? Etc. – “We have input the 3% base salary rate increase and requested the County to roll-forward the increase. If there are no issues, the 3% base salary increase should be on the November check. Note: We are updating the doctorate and library stipend, so these 2 stipends rate increases will be on the December paycheck.” -- Terr
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Hey, it looks like the STRS overpay was credited to this months check. look under the line item for STRS RED, and there is a STRS OPBEN with a negative number. This is the refund and it is taken out of the current STRS reduction for the month. So, peoples checks this month are EXTRA big with the combination of the raise and the payback.
Thanks to Chris Saporito for figuring this out. -- Terri Register for a CalSTRS Workshop This MonthAs your retirement plan, we’re working harder to help you secure your financial goals and have a better understanding of your benefits as a CalSTRS member.
Here are the workshops available this month. Click the workshop title to register: Date Time Location Workshop December 5, 2017 3:30 p.m. Glendale, CA My Retirement System December 7, 2017 4:00 p.m. Los Angeles, CA My Retirement Decisions December 8, 2017 4:00 p.m. Irvine, CA My Retirement Decisions December 13, 2017 3:00 p.m. Irvine, CA Protect Your Future December 19, 2017 4:00 p.m. Irvine, CA My Retirement Benefits December 20, 2017 10:00 a.m. Glendale, CA Plan for Your Future December 21, 2017 3:30 p.m. Downey, CA My Retirement Benefits Group sessions are also available to learn about your specific CalSTRS benefits and services. Call 800-228-5453 to book your seat, select option 3. Attached is a flier for a complimentary dinner for all CTA members. The topics for discussion will be issues surrounding minority teachers and social justice issues impacting our students. |
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