Dossier
CalSTRS
Coverage of CalSTRS in the Nexus archive.
- Opinion: California’s pension funds are rigged to stick taxpayers with the bill
AB 1383 would allow CalPERS and CalSTRS to maintain low contribution rates for public employees, requiring taxpayers to cover pension shortfalls. The article criticizes this as a recurring burden on taxpayers.
- California is running short on money. Should the state boost police and firefighter perks?
California lawmakers are advancing bills to increase pay and retirement benefits for police and firefighters, supported by unions and bipartisan majorities. However, the proposals face financial concerns due to potential hundreds of millions in annual costs and billions in long-term liabilities amid state budget deficits.