Update on the Progress of the CalSTRS Funding Plan [Publication Details]

Nov 18, 2021 - This post provides an update on the progress of the California State Teachers’ Retirement System (CalSTRS) funding plan.
https://lao.ca.gov/Publications/Detail/4475

Update on the Progress of the CalSTRS Funding Plan

Nov 18, 2021 - State ’s Required Contribution Rate Also Projected to Decrease Significantly. Once the state ’s share of UAO is eliminated, the funding plan dictates that the state ’s supplemental contribution rate would be repealed, at which point the state would contribute only the base rate of 2.017 percent for its share of DB program normal costs.
https://lao.ca.gov/Publications/Report/4475

The 2020-21 Budget: The Fiscal Outlook for Schools and Community Colleges

Nov 20, 2019 - Using one ‑time funding to pay down districts ’ pension liabilities more quickly would be particularly beneficial, as these payments would improve the funding status of the pension systems and likely reduce district costs on a sustained basis.
https://lao.ca.gov/Publications/Report/4113

CalSTRS Funding Update

Jul 19, 2018 - In addition, CalSTRS receives an annual appropriation from the state General Fund. CalSTRS is unique in that it is the only pension system in California for which the state makes a direct appropriation on behalf of local agencies.
https://lao.ca.gov/Publications/Report/3873

The 2020-21 Budget: School District Budget Trends

Jan 21, 2020 - School Employees Are Part of One of Two Pension Systems. The California State Teachers ’ Retirement System (CalSTRS) administers pension benefits for school teachers, administrators, and other certificated employees (such as nurses, librarians, and counselors), whereas the California Public Employees ’ Retirement System (CalPERS) administers pension benefits for noncertificated employees (such as clerical staff).
https://lao.ca.gov/Publications/Report/4136

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - Address Pension Liabilities and Costs. The state has a number of options for allocating funds that would improve the funding status of the pension systems and/or provide cost relief for districts. For example, the state could use one ‑time funds to pay down pension liabilities more quickly, which would also tend to lower district costs over the next several decades.
https://lao.ca.gov/Publications/Report/4473

California's Education System: A 2019 Guide [Publication Details]

Feb 6, 2019 - As you journey through the report, you will be exposed to information on everything from student diversity and achievement gaps, to student aid and borrowing, to faculty salaries and rising pension costs, to the requirements for becoming a teacher or doctor in California.
https://lao.ca.gov/Publications/Detail/3924

CalSTRS Pension Proposals [Publication Details]

Mar 12, 2019 - CalSTRS Pension Proposals [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/3974

The 2025-26 Budget: California State University [Publication Details]

Feb 25, 2025 - The 2025-26 Budget: California State University [Publication Details] Description: This brief analyzes the state’s budget plan relating to CSU’s core operations and enrollment, as well as the Governor’s proposal to increase salaries for the Capital Fellows program.
https://lao.ca.gov/Publications/Detail/4989

The 2025-26 Budget: California State University

Feb 25, 2025 - When the Legislature sets enrollment growth expectations for CSU in the state budget, it intends for CSU to add more students. Though CSU is reporting higher state‑supported enrollment in each of the past two years, part of these increases has come from shifting enrollment from self‑ to state‑supported courses rather than adding new enrollment.
https://lao.ca.gov/Publications/Report/4989