Benefits
PST Retirement Program
A mandatory retirement savings plan for CSU employees not eligible for CalPERS.
PST Retirement Program
A mandatory retirement savings plan for CSU employees not eligible for CalPERS.
The Part-time, Seasonal, and Temporary (PST) Retirement Program is a mandatory savings
plan for CSU employees who are not eligible for CalPERS or Social Security.What is PST?
Instead of contributing to Social Security, 7.5% of your wages are automatically deducted
and deposited into a 457(b) retirement savings account managed by Savings Plus, a
program of the California Department of Human Resources.
This plan helps part-time and temporary employees build retirement savings, and the
funds are immediately vested, meaning they belong to you from day one.
Who is Enrolled in PST?
How it Works
What Happens If You Become CalPERS Eligible?
Savings Plus charges a $1.50/month administrative fee per account.Can You Use PST Funds to Purchase Service Credits?
To explore your options:
đŸ“Œ Service credit purchases must be reviewed and approved by CalPERS before you can
initiate a transfer of funds from your PST account.