On March 4, 2019, the California Supreme Court unanimously affirmed the appellate court’s decision in Cal Fire 2881 v. California Public Employees’ Retirement System, upholding the 2012 elimination of a pension benefit for public employees. The narrow decision in favor of the State will not […]
Tag: pensions
State budget workshop: Progress on key funding issues, but much work remains
School board members and district officials should be excited about Gov. Gavin Newsom’s focus on pressing K-12 education issues in his proposed 2019-20 budget, but larger inroads need to be made — particularly in boosting Proposition 98 base funding. That was the takeaway from the […]
What the $3 billion CalSTRS proposal in the 2019-20 budget means for local schools
About 20 minutes into last week’s marathon budget press conference, Gov. Gavin Newsom began discussing the issue of pension cost increases – and was kind enough to name-drop California school board members and CSBA in the process. Watch a clip of Gov. Newsom discussing pension […]