FINANCIAL_SERVICESONGOING

western-placer-unified-report-2024-10-23_9fc.pdf

School Maintains CalSTRS Pension Contributions

$1,468,467 (2024); $1,548,045 (2023); $1,641,992 (2022)Western Placer UnifiedCALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM (CALSTRS)October 23, 2024

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Description

Horizon Charter School paid annual contributions to CalSTRS for employee retirement benefits, totaling $1,468,467 for fiscal year 2024. The plan provides retirement, disability, and survivor benefits for certificated staff.

Contract Details

Contract Amount

$1,468,467 (2024); $1,548,045 (2023); $1,641,992 (2022)

Vendor

CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM (CALSTRS)

Agency

Western Placer Unified, CA

Contract Type

FINANCIAL_SERVICES

Document Date

October 23, 2024

Contract Term

Annual; ongoing

Renewal Date

2024-06-30

Renewal Info

Legal requirement; contract renews annually based on payroll and rates set by the State Teachers’ Retirement Board.

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