Some UAPD members who are subject to the Public Employees’ Pension Reform Act (PEPRA) notified the Union that the CalPERS employee contributions that are being deducted from their paychecks are too high. It is quite likely that this problem affects more than the handful of doctors who noticed it on their paychecks. UAPD has been investigating the problem and taking the first steps to resolve it.
Who is Involved?
Doctors who joined CalPERS for the first time after January 1, 2013 (and were not eligible for reciprocity with another California public employer) are subject to changes made by PEPRA. For just these employees, pensionable salaries are capped at $117,020 (for those participating in Social Security) or $140,424 (for those not covered by Social Security). Employees who fall under PEPRA may be paying too much in CalPERS contributions.