Asking for a Friend: Is My Monthly CalPERS or CalSTRS Pension Taxable?
One of the most common questions I hear from people about to receive a CalPERS or CalSTRS pension is: How is my pension taxed? This post breaks down the difference between federal and state income tax rules and explains how both pension systems handle tax withholding.
Social Security Fairness Act: Next Steps for CalSTRS and CalPERS Members
The Social Security Fairness Act recently restored benefits that many CalSTRS and CalPERS retirees thought they'd lost forever. If you worked in both public and private sectors, or previously declined to claim a spousal benefit, this landmark change could mean thousands more in Social Security benefits—plus back payments dating to 2024.