Fiscal Report
Public Education's Point of Reference for Making Educated Decisions

By the Way . . . CalPERS Releases Frequently Asked Questions Regarding the Impact of COVID-19 to its Members

On March 19, 2020, the California Public Employees’ Retirement System (CalPERS) issued guidance on reporting member data and contributions made to CalPERS. If members are on paid administrative leave, their earnings should continue to be reported to CalPERS as they can be considered compensatory time off or a paid leave of absence. Remember that employers are still subject to late fees if member data is not reported to CalPERS. For a complete list of the FAQs, go to Circular Letter #200-0-20