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CASTS REFUND OF CONTRIBUTIONS (PAYW066) Sacramento City Unified School District 1.0 SCOPE: 1.1 This work instruction is applied to help guide employees in refunding contributions made into CASTS for
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CalSTRS refund of contributions is the return of money paid into the California State Teachers' Retirement System by members who are no longer eligible for retirement benefits.
Members who leave the California State Teachers' Retirement System before becoming eligible for retirement benefits are required to file for a refund of contributions.
To fill out CalSTRS refund of contributions, members must complete the necessary forms provided by the California State Teachers' Retirement System and submit them along with any required documentation.
The purpose of CalSTRS refund of contributions is to return the money paid into the retirement system by members who are no longer eligible for benefits.
Members must report their personal information, employment history, contributions made to the retirement system, and other relevant details on the CalSTRS refund of contributions form.
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