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Text of CalPERS Circular Letter 200-016-20: COVID-19 Impacts to CalPERS Reporting (PDF)
California Public Employees' Retirement System [CalPERS]
[Official Guidance] Mar. 20, 2020 "Will CalPERS grant extensions for submitting and posting regular earned period payroll reports due to potential closures caused by COVID-19? ... If contributions, payroll, or retired annuitant data is reported late during the COVID-19 pandemic, will CalPERS consider waiving fees and/or interest? ... If a membership enrollment is reported late during the COVID-19 pandemic, will CalPERS consider waiving administrative fees and penalties? ... If we put a full-time, eligible member on Paid Administrative Leave because their work-site is shut down due to COVID-19, is their pay still considered reportable compensation? ... Can an employer make an advance estimated payment on contributions?" MORE >> |
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