Members are Asking

CalSTRS takes pension spiking very seriously, which is why we have, and continue to aggressively pursue instances of suspected spiking. Our internal controls and processes to identify and resolve instances of spiking include regularly conducting school district audits and analyzing employer compensation reports to identify excessive increases that could affect the member’s final compensation factor.

There are two provisions that may impact current retirees or reduce anticipated benefits for members and one that deals with contributions paid by members.

No one can predict the outcome or precise timing of any potential pension reform measures. As meaningful discussions on pension reform take shape, it’s important to remember that the Governor’s 12-Point proposal must work its way though the legislative process before anything is official.