Installment Payment Interest Rate Increases July 1, 2010

On July 1, 2010, the interest rate for new service credit purchases and redeposits financed through cash installments or payroll deductions changes to mirror the CalSTRS assumed rate of return on investments.

Review the rate increase and learn how to lock in the lower rate..

Calculate Your Redeposit Cost

• Read the disclaimer before using this calculator.
• Get an estimate of your redeposit cost. Your actual cost may differ.
• Complete and submit a Redeposit or Purchase of Permissive Credit form to get your actual purchase cost.

More Information on Redeposits

Detailed information on redeposits is available:

• Increasing Your Service Credit
• Purchase Additional Service Credit
• Purchase Service Credit Now: Fact Sheet (PDF; 100KB)
• FAQs: Financing the Purchase of Service Credit or a Redeposit

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