CALSIITS

HOW WltL YOU SPEND YOU R FUTURE?

09/t4t2012
LINDA A. MURILLO
17117 RED ASH CT
FONTANA CA 92337
service
27.7A0 leacs Of Service X
Unmodified benefit
T^J-=l rad',lrr rafi,ahonF 1. ar6fi'
Califomia Slare Teachers'
Retiremcnr Syslem
P.O. Box ls:75
Sacramcnlo. CA 95851,027J
800-228-5453
su \\.CdSTRS.com
ClienclD 1562418181
sR 1210.1
11 is extremely impoftant that you keep this letter. You will
need it lor your state and federal income tax preparation.
Dear LINDA A. MURILLO
Congratulations on your retirement. According to our records, your retirement is effective
07/0U2012.
Your first retirement payment of $8,124.52 will be issued on or about O912212012. This
amount is for the period from 0710112012 through 08/31/2012. Your regular monthly
retirement benefit rs $4,062.26 and will be issued on or about 10/01/2012. Your
retirement benefit is a lifetime benefit.
Please be aware that this award letter may not reflect your final monthly benefit. We often
receive additional earnings information fiom employers up to six months after your retirement
date. If we receive additional information from your employer that affects your monthly
benefit, we will adjust your payments accordingly and send you a letter explaining the
adjustment.
Your retirement benefit has been calculated as follows:
Your seruice credit automatically qualifies you for one year final compensation, so your
highest annual eamable salary was used to determine your final compensation.
We are required to pay interest if your first retirement benefit payment was not paid within 45
days ofthe effective date ofyour retirement, or from the date we received your application,
whichever is later.
Aqe Flnal Unrnodi f i ed
Factor compensation Beneflt
a'02357 x
$5'1es'5e
-
i:,:2:,:2
$100,823.01
$66 ,433 .92
$2,658.43
Tax-Def erred Contributions
Inlerest on Tax-Deferred ConLributions
Taxed contributions
Our ltissior: .i?.!rirg the Fi ancial Futwe ana Sustaining the Trust of Califurnia's Educators
InteresL on Taxed Contributions
$6,048.64
The Intemal Revenue Service's Simplified Method is used to determine the taxable nortion oi'
servlce retirement benefits. Procedures for using the Simplified Merhod can be found in
Intemal Revenue Service Publication 575, "Pension
and Annuity Income."
The service retirement benefit you receive may result in taxable income. The Intemal
Revenue code provides that member contributions paid by the employer were non-taxable at
the time they were paid. However, these employer-paid contributions (tax deferred
contdbutions) become taxable when they are paid out as a monthly benefit.
we are required to withhold state and federal income taxes from your monthly benefit unless
you instruct us otherwise. The withholding amounts indicated on your
warrant stub reflect the
instructions specified by you on the Income Tax withholding
preference
certificate that you
submitted. If no specification was made, the standard withholding rate, married with three
exemptions, provided by the tax laws was used. Benefit recipients who live outside
Califomia will not have state tax withheld, unless requested by filing an AD 0908.
Ifyou need assistance in computing your taxes, you may wish to contact the Internal Revenue
Service and the Califomia State Franchise Tax Board, or your attorney or tax consultant.
Ifyou write to us, please include your name, address, client ID 1562418181 and telephone
number with area code. This information enables us to locate your account quickly and
accurately. Please send all correspondence to the address on page l. For security reasons, we
are now using your client ID as your identifier instead ofyour Social Security number.
please
do not include your Social Security number in any correspondence unless we specifically
request that you use it on our lorm or letter.
Ifyou have any questions or concems, please call us at l-800-228-5453 or visit
www.calstrs.com and click on Contact Us.
Sincerely,
Service Retirement