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.