Policy & Finance
Topic

Pension Costs

California school districts have seen their per student pension costs rise significantly since state laws in 2012 and 2013 were passed to rescue the state’s two pension systems. The payments go to the pension systems that cover teachers, administrators and other school employees. Contribution rates for districts are scheduled to increase incrementally each year from 8.3 percent of teacher and administrator salaries in 2013-14 to 19.1 percent in 2020-21