EdBudget Figures
Related Figures
- Tracking Changes in the Proposition 98 Minimum Guarantee and Spending
- Proposition 98 Funding by Segment and Source
- Proposition 98 Property Tax Estimates Under 2019-20 Budget Package
- Proposition 98 Key Inputs and Outcomes Under 2019-20 Budget Package
- 2018-19 Changes in Proposition 98 Spending
- 2019-20 Changes in Proposition 98 Spending
- Contributions to CalSTRS
- Changes to Districts' Contribution Rates
- State Payments Made on Behalf of School and Community College Districts
July 2019
Proposition 98 Overview
Districts' Pension Contribution Rates and Amounts
(Dollars in Millions)
| 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | |
| Contribution Rates | ||||||
| CalSTRS | 16.3% | 17.1% | 18.4% | 17.9% | 17.9% | 17.9% |
| CalPERS | 18.1 | 19.7 | 22.7 | 24.7 | 25.6 | 26.4 |
| Contribution Amounts | ||||||
| CalSTRSa | ||||||
| School Districts | $5,011 | $5,448 | $6,068 | $6,113 | $6,334 | $6,562 |
| Community Colleges | 424 | 461 | 513 | 517 | 536 | 555 |
| Subtotal | $5,435 | $5,909 | $6,581 | $6,630 | $6,870 | $7,117 |
| CalPERS | ||||||
| School Districts | $2,099 | $2,407 | $2,820 | $3,212 | $3,353 | $3,589 |
| Community Colleges | 400 | 400 | 500 | 500 | 600 | 600 |
| Subtotal | $2,499 | $2,807 | $3,320 | $3,712 | $3,953 | $4,189 |
| Total District Contributions | ||||||
| School Districts | $7,110 | $7,855 | $8,888 | $9,325 | $9,687 | $10,151 |
| Community Colleges | 824 | 861 | 1,013 | 1,017 | 1,136 | 1,155 |
| Total | $7,934 | $8,716 | $9,901 | $10,342 | $10,823 | $11,306 |
| a Share of CalSTRS contributions from community colleges based on CalSTRS creditable 2017-18 compensation report. | ||||||
| CalSTRS = California State Teachers' Retirement System. CalPERS = California Public Employees' Retirement System. | ||||||