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Payroll News

News

5/24/18

May 16, 2018

Employer Bulletin

2018 June CBEE Schedule

CalPERS will be hosting the CalPERS Benefits Education Events (CBEEs) to help your employees make informed decisions about their future retirements. The CBEEs offer your employees informative event classes such as Retirement & Health Benefits, and Deferred Compensation that are designed for both early thru mid-career members as well as those nearing retirement. Also offered are Social Security and my|CalPERS & Your Retirement Options classes.

Take advantage of our Event Promotion Kit, which provides you with tools to promote these valuable events with your employees. Get the word out by posting the Riverside flyer at your work place so your employees know about these opportunities to gain valuable benefits information.

The earlier your employees know about their benefits, the better prepared they will be to make informed decisions for their future retirement.

Additional information and registration details for the 2018 events are available on the CalPERS website.


 

CalPERS Benefits Education Events 2018
Date City Location
June 15 & 16, 2018 Riverside

Riverside Convention Center

3637 5th St.

Riverside, CA 92501

more
1/1/18

The Federal Fair Labor Standards Act (FLSA) and the California Wage Orders contain minimum wage requirements.  School districts and community colleges must adhere to the minimum wage that provides the best benefit to the employee. 

 

Effective January 1, 2018, the minimum wage in California is $11.00 per hour for employers with 26 employees or more.  The federal minimum wage remains below the California minimum wage.

 

The minimum wage schedule is as follows:


For further details and frequently asked questions, please follow this link:  http://www.dir.ca.gov/dlse/faq_minimumwage.htm

more

News

5/24/18

May 16, 2018

Employer Bulletin

2018 June CBEE Schedule

CalPERS will be hosting the CalPERS Benefits Education Events (CBEEs) to help your employees make informed decisions about their future retirements. The CBEEs offer your employees informative event classes such as Retirement & Health Benefits, and Deferred Compensation that are designed for both early thru mid-career members as well as those nearing retirement. Also offered are Social Security and my|CalPERS & Your Retirement Options classes.

Take advantage of our Event Promotion Kit, which provides you with tools to promote these valuable events with your employees. Get the word out by posting the Riverside flyer at your work place so your employees know about these opportunities to gain valuable benefits information.

The earlier your employees know about their benefits, the better prepared they will be to make informed decisions for their future retirement.

Additional information and registration details for the 2018 events are available on the CalPERS website.


 

CalPERS Benefits Education Events 2018
Date City Location
June 15 & 16, 2018 Riverside

Riverside Convention Center

3637 5th St.

Riverside, CA 92501

more
1/1/18

The Federal Fair Labor Standards Act (FLSA) and the California Wage Orders contain minimum wage requirements.  School districts and community colleges must adhere to the minimum wage that provides the best benefit to the employee. 

 

Effective January 1, 2018, the minimum wage in California is $11.00 per hour for employers with 26 employees or more.  The federal minimum wage remains below the California minimum wage.

 

The minimum wage schedule is as follows:


For further details and frequently asked questions, please follow this link:  http://www.dir.ca.gov/dlse/faq_minimumwage.htm

more

Ongoing- Minimum Wage Increase 2017-2023: The Federal Fair Labor Standards Act (FLSA) and the California Wage Orders contain minimum wage requirements.  School districts and community colleges must adhere to the minimum wage that provides the best benefit to the employee. The minimum wage schedule is as follows:


For further details and frequently asked questions, please follow this link:  http://www.dir.ca.gov/dlse/faq_minimumwage.htm

 

Ongoing- W-4. IRS regulations (Reg. 3103492(f)(2)-1(c)(3)) require Temecula Valley Unified School District to annually remind you to file a new form W-4 whenever there is a change in filing status, exemption allowances (number of dependents claimed), or a change in your exempt status. You are required to submit a new W-4 when there is a decrease in the number of allowances you are entitled to claim or if your exemption from withholding is no longer valid. You are able to file a new W-4 whenever you wish to increase your allowances. If you have any questions, please contact your payroll technician. Thank you.

 

1/1/2016- Earned Income Tax Credit Notice to Employees. “Based on your annual earnings, you may be eligible to receive the earned income tax credit from the federal government. The earned income tax credit is a refundable federal income tax credit for low-income working individuals and families. The earned income tax credit has no effect on certain welfare benefits. In most cases, earned income tax credit payments will not be used to determine eligibility for Medicaid, supplemental security income, food stamps, low-income housing or most temporary assistance for needy families payments. Even if you do not owe federal taxes, you must file a tax return to receive the earned income tax credit. Be sure to fill out the earned income tax credit form in the federal income tax return booklet. For information regarding your eligibility to receive the earned income tax credit, including information on how to obtain the IRS Notice 797 or any other necessary forms and instructions, contact the Internal Revenue Service at 1-800-829-3676 or through its Web site at www.irs.gov.”

 

Ongoing- Refund of CalSTRS Contributions (DB vs. DBS). There are currently two different contribution rates for CalSTRS Defined Benefit (DB) vs. the Defined Benefit Supplement (DBS) programs.  This has resulted in CalSTRS issuing refunds. If you are due a refund, CalSTRS will notify you by mail. For active certificated employees, this refund will automatically be posted on your regular paycheck.  For former certificated employees who are no longer employed by the district, and whose refund amount exceeds $5.00, the district will automatically issue and mail a commercial warrant to their last address on file. Commercial warrants below $5.00 will require a refund request form be submitted in order to verify address information prior to the district incurring the expense of the transaction.  If you are due a commercial warrant for a refund below $5.00, you may click here or go to "Payroll forms" for more information and to access the refund request form.

 

Ongoing- Increased CalSTRS and CalPERS Contribution Rates. Contribution Rates are set to increase gradually over the next several years. This will be an extra expense to both the District and its employees. Please see the chart below for a list of rates for the District and each employee group.