This presentation to the Assembly Public Employees, Retirement and Social Security Committee describes the likely over-$5 billion annual cost of a plan to fully retire CalSTRS' unfunded liabilities over the next 30 years. The state and school districts likely will bear the majority of these costs. The presentation discusses options the state's leaders may have in developing the plan to address this huge funding problem over the long term.
[PDF] Addressing California's Key LiabilitiesHandout Mar 20, 2013
[PDF] Addressing CalSTRS' Long-Term Funding NeedsReport Nov 8, 2011
[PDF] Public Pension and Retiree Health Benefits: An Initial Response to the Governor's Proposal