California State University Committee on Audit Agenda Packet March 2026
CSU Maintains Ongoing CalPERS Pension Participation
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Description
California State University maintains ongoing participation with CalPERS, contributing over $1 million for employee pension benefits during FY2025, based on state requirements.
Contract Details
Contract Amount
$1,064,006 (FY2025 University contribution)
Vendor
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM (CALPERS)
Agency
California State University-Chancellors Office, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 4, 2026
Contract Term
Fiscal year ended June 30, 2025
Renewal Date
2026-06-30
Renewal Info
Ongoing required participation for employees; annual contributions as determined by CalPERS actuarial evaluation.
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Higher Ed
Long Beach, CA
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