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 Calstrs Com Form Sb0816 2011-2025

Payee Beneficiary Designation 2011-2025 Form

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Video instructions and help with filling out and completing Calstrs Com Form Sb0816

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Instructions and help about sb payee calstrs

[Music] foreign [Music] members it's great to have you join us for 2023 Updates this is Jennifer Baker your legislative Advocate and I wanted to give you a little update on the implementation of ab1667 that was enacted into law as of January 1st 2023. for those of you that may not be familiar ab1667 is a bill that we co-sponsored last year that greatly changes the calstrs auditing process but the most important factor in this bill for our members is that it protects retirees from having to pay for mistakes that either districts or calstrs makes when it comes to reporting incorrect information in the past retirees would have to pay back mistakes that were made that resulted in retirees being overpaid now you're retirement calculations will be modified to what they initially should have been but the potential tens of thousands of dollars that you would have had to repay will now be paid either by the district or by calstrs we have been working very collaboratively with ca

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