The court upheld a provision of the pension reform law but didn’t determine whether pension obligations to current public employees can be changed.
A recession is still a ways off, says the Legislative Analyst's Office; mandated costs will eat into an estimated $3.4 billion increase.
Districts’ average payments to pension funds CalSTRS and CalPERS doubled to about $1,000 per student in 2017-18. But contributions varied among districts and will continue to rise for at least two more years.
EdSource analyzed state data to determine how per-student payments to employee pension funds increased for most districts from 2013-14 to 2017-18.
Supreme Court reaffirms pension reform law's elimination of one benefit but larger challenge to modify pensions of teachers and other public employees will await a future decision.
The governor wants California Supreme Court to give public agencies, like school districts, the ability to change pension benefits for current workers in hard times.
Place your bets: CTA troubles, pension woes, student deportations, battles with Trump, tax reform and other issues.
Gov. Brown could fully fund the Local Control Funding Formula ahead of schedule, with $2.5 billion to spare.
The CalSTRS board lowered its projected annual return from investments to 7 percent, requiring bigger contributions.
Added contributions will come on top of already rising expenses.