Required CalSTRS Pension Contributions Paid for FY24
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Description
For fiscal year 2024, Oakland Military Institute paid $739,630 in required employer pension contributions to CalSTRS for its teaching staff. CalSTRS participation is mandated for eligible employees.
Contract Details
Contract Amount
$739,630 (employer contributions FY2024)
Vendor
CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM (CALSTRS)
Agency
Oakland Military Inst College Prep Acad DIST, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2024
Contract Term
Annual, for year ended June 30, 2024
Renewal Date
2025-06-30
Renewal Info
Annual employer contributions required by statute; rates set by the CalSTRS Board. Participation is ongoing for qualified staff.
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