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Most Pension System Changes Affect New Hires

 

The effective date of laws "reforming" the state's public pension systems – CalSTRS and the California Public Employees' Retirement System (CalPERS) -- is January 1, 2013.  These changes generally impact new employees, although some of the revisions will also affect employees hired on or before December 31, 2012.
 
Please visit the CTA website's Retirement section, which provides more information on retirement legislation.

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