Compensation Limits for 2022
Learn about updated compensation limits in 2022 for Plan 7 members, and the 2022 IRS compensation limit for members hired after July 1, 1996.
Compensation limits do not limit the salary your employer can pay, but rather limits the amount of compensation SamCERA can take into account when determining your contributions and calculating your monthly pension benefit under your retirement plan. See below for new compensation limits in 2022 based on your plan and membership with SamCERA.
2022 Pensionable Compensation Limits for Plan 7 Members
Under the Public Employees’ Pension Reform Act (PEPRA), Plan 7 members are subject to pensionable compensation limits that are set by statute.
In 2022, the annual pensionable compensation limits for PEPRA members are:
- General Plan 7 Members (County & Court): $134,974
- General Plan 7 Members (Mosquito & Vector Control District): $161,969
- Safety & Probation Plan 7 Members (County): $161,969
2022 IRS Compensation Limit
Every year, the IRS sets an annual compensation limit that applies to all SamCERA members (regardless of your plan) who were hired after July 1, 1996.
In 2022, the annual compensation limit for members hired after July 1, 1996 is $305,000.
Questions? Please email firstname.lastname@example.org.