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’s share of UAO is eliminated, the funding plan dictates that the state ’s supplemental contribution rate would be repealed, at which point the state would contribute only the base rate of 2.017 percent for its share of DB program normal costs.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 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - A third option is to provide additional funding for district pension costs. The state could structure this payment to reduce pension costs over time or to provide short‑term relief if costs rise above a specified threshold.
https://lao.ca.gov/Publications/Report/5110

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

The 2026-27 Budget: Re-Envisioning State Education Governance [Publication Details]

Mar 18, 2026 - The 2026-27 Budget: Re-Envisioning State Education Governance [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5165

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - State board of education appoints chief state school officer. 10 Governor appoints state board of education. Chief state school officer is elected. 9 State board of education is elected. State board of education appoints chief state school officer. 7 Note: Ten other states use less commonly adopted governance models.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: Child Care and State Preschool [Publication Details]

Mar 19, 2026 - The 2026-27 Budget: Child Care and State Preschool [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5168

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - State Has Statutory COLA for Child Care and State Preschool Providers. The state provides a statutorily required annual COLA —the same rate provided to K ‑12 education programs —to child care providers funded on the SRR (mainly General Child Care and State Preschool providers).
https://lao.ca.gov/Publications/Report/5168

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 2020-21 Spending Plan: Proposition 98 and K-12 Education

Oct 29, 2020 - At the time, the state estimated that the supplemental payment could reduce district pension costs by roughly 0.3  percent of annual pay over the next few decades. The 2020 ‑21 budget plan repurposes this payment to reduce pension costs by a larger amount over the next two years.
https://lao.ca.gov/Publications/Report/4291