Payroll » Retirement

Retirement

Lynwood Unified School District participants in  CalSTRS and CalPERS retirement programs.  You will find links below that will assist you in becoming familiar with the retirement program you belong to.  
 
 
 
CALPERS - CALIFORNIA  PUBLIC EMPLOYEES' RETIREMENT SYSTEM
 
Classified Employee Pension Program
 
New Rates Effective 7/1/18 2018-2019 Fiscal Year
Classic Member Contribution Rate 7.00%
PEPRA Member Contribution Rate 7.00%
Employer Contribution Rate 18.062%
 
LINK TO CalPERS:
 
LINK TO my|CalPERS log in: 
 
CALPERS RETIREMENT ESTIMATE CALCULATOR LINK:


 CALSTRS  - CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
 
Certificated Employee Pension Program 
 
New Rates Effective 2018-2019 Fiscal Year
Normal DB(Defined Benefit)
Employee-Member 2% at 60 (Classic) 10.25%
Employee-Member 2% at 62 (PEPRA) 10.205%
 
Employer-Member 2% at 60 (Classic) 16.28%
Employer-Member 2% at 62 (PEPRA) 16.28%
 
DBS (Defined Benefit Supplement Rate
Employee-Member 2% at 60 (Classic) 8.00%
Employee-Member 2% at 62 (PEPRA) 9.00%
 
Employer 2% at 60(Classic) 8.25%
Employer 2% at 62(PEPRA) 8.25%
 
 
LINK TO CalSTRS:
 
CALSTRS RETIREMENT BENEFITS CALCULATOR LINK: