Benefits

The PST Retirement Program is a mandatory retirement savings program authorized by federal law for employees who are not covered by a retirement system. The Savings Plus Program, part of the Department of Personnel Administration, administers the PST Program for California State employees and California State University employees.

If you’re a state or CSU employee who is not covered by Social Security and you’re excluded from coverage under CalPERS (California Public Employees’ Retirement System), you’re automatically enrolled in the PST Program. The program deducts a small portion of your wages and deposits it in an account for you, allowing you to build retirement savings. It’s set up as a 457 Plan, a type of retirement savings plan governed by IRS rules.

Here are reasons why you may be excluded from membership in CalPERS: you work less than half time, in a seasonal job, or as an intermittent or temporary employee. Check with your Human Resource Office if you have questions about how you qualified for PST enrollment.

For more information see, the Savings Plus Program Web site or the
Part-time, Seasonal and Temporary Employees Retirement Program Fact Sheet. 

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