SERP 24-25

 

The District and SDEA have signed a final agreement for a Supplementary Early Retirement Plan (SERP) for the 2024-25 academic year. Read the final agreement below:

• 11/21/2024 Final 2024-25 SERP Agreement 

If you wish to see the initial proposals from the negotiations, they are below.

• 10/22/2024 Initial Proposal from District – 2024-25 SERP
• 11/07/2024 Counter offer from SDEA

Interested in the Special Education Credential Pathway?

This year’s SERP agreement includes a pathway for SDEA members to add a SpEd credential for free.

• Read FAQs for those interested in adding a SpEd credential
• Read more about how this year’s SERP impacts all SDEA members – not just those retiring this year.

FAQ for those enrolled in the SERP:

Click here to read answers to some frequently asked questions about the SERP.

Need help filling out your CalSTRS retirement forms?

CalSTRS is offering upcoming sessions to assist SDEA members with completing their CalSTRS retirement forms and other important information.

• Flyer: In person & online options
• Website: Spring Into Retirement

Additional Resources:

• CalSTRS website
• CalSTRS calculators
  You can contact CalSTRS to set up an individual consultation at 800-228-5453. Many questions about the SERP are very individual since they relate to members’ work history, salary, and financial situation, so it is a good idea to consult with relevant experts (financial planners, tax experts, etc.) to get individualized information.
• CalSTRS “My Retirement Decisions” group sessions and materials
• CalSTRS memo re: Retirement Dates
• SDUSD Retiree Benefits – for current & prospective retirees
• SDUSD 2025 Open Enrollment Information
• SDEA unit members eligible for the SERP Search this list for your employee ID to see if you were on the list of eligible employees provided by the District to SDEA
• SDEA unit members enrolled in the SERP Search this list for your employee ID to see if you are on the list provided by the District to SDEA
• Resources from PARS packet:
  • PARS Enrollment Steps
  • Instructions – Submitting Enrollment Forms Via Email
  • PARS Meeting Dates (In-person &_online)
  • SDUSD SERP Orientation Video from PARS (Explanation of PARS, explanation of requirements, benefit plan structure, monthly annuity options, review of forms, enrollment deadline, etc)

Help! I still have questions! Who do I contact?

Questions related to the SERP can be directed to the PARS Plan Support Department at (800) 731-7884 or via email at plansupport@pars.org.

Per the District, please do not physically come to the Ed Center, call, or email District staff in HR, LR, Finance, Payroll, etc, as they will be directed to the above contact information for PARS.