Retirement System contributions deducted from your pay, as well as those paid on your behalf by the District, are recorded in your account and accumulate interest. Social Security and/or Medicare taxes are also deducted in accordance with federal regulations. These taxes are not refundable when your employment ends. Instead, you should file for Social Security and Medicare benefits when you are eligible to do so. Note that both Social Security and Medicare taxes apply to classified employees only; only Medicare taxes are deducted from the salaries of certificated employees hired after April 1, 1986. When you retire, the Retirement System will determine your monthly allowance. The exact monthly allowance you will receive will depend on several factors, including your years of service, the age at the time of your retirement and your salary. If you should die while employed by the District and a member of STRS or PERS, your beneficiary will receive all of your contributions and interest.

For more information regarding your retirement system membership or benefits contact STRS or PERS directly:

• State Teachers Retirement System (STRS)- for certificated employees, or
• Public Employees Retirement System (PERS)- for classified employees