Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - For example, CalSTRS is 66 percent funded as of its most recent actuarial valuation. This means the system’s assets can cover approximately two‑thirds of its total obligations. Public Employees’ Pension Reform Act (PEPRA) .
https://lao.ca.gov/Publications/Report/4400

July 2017 Update: Los Angeles’ Bid for the Olympics and Paralympics

Jul 6, 2017 - The IOC report notes that $66 million of planned upgrades —to be funded in the Olympic organizing budget —to remove inside pillars and increase seating capacity “would require further discussions between all relevant parties, ” including the international cycling federation, to “find the most cost-effective solution with the best legacy outcome ” for later users.
https://lao.ca.gov/Publications/Report/3695