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The 2025-26 Budget: Concession Bargaining

May 19, 2025 - In 2010-11, the state made changes to pension formulas for future hires and increased contribution rates for existing employees. For example, see the 2010 agreement with Service Employees International Union, Local 1000 (Local 10000), which increased employee contributions from 5 percent of pay to 8 percent of pay and reduced pension benefits for future hires.
https://lao.ca.gov/Publications/Report/5047