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2020 PEPRA Compensation Limits for CalPERS and CalSTRS Pension Plans
Van Iwaarden Associates
[Guidance Overview] Nov. 15, 2019 "The 2020 PEPRA compensation limits are $126,291 for Social Security members and $151,549 for non-Social Security members. These limits are the maximum pay that a California public agency can recognize in a defined benefit plan for PEPRA members, i.e. those first hired by a public employer in 2013 or later. 'Classic' members hired from 1996 through 2012 are subject to the higher Section 401(a)(17) pay limit that applies to private sector employees." MORE >> |
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