StanCERA Compensation Earnable and Vacation Cash-Out Policy

October 22, 2024

In conjunction with California County Employees’ Retirement Law (CERL), StanCERA’s Board of Retirement policy limits the use of vacation cash-out pay for purposes of determining compensation earnable for pension calculations.  

As of July 1, 2024, vacation cash-out pay for pension calculations is limited to the total amount allowed annually by the employer for non-management Legacy Tier members.  PEPRA membership is not affected by this change.