Jack Ehnes with the California State Teachers' Retirement System or CalSTRS says if the retirement system is to be fully-funded within 30 years, all of the groups and the State of California must increase contributions by more than $4 billion-per-year.
"Recessions took such a sizeable bite out of the assets of the system or any system like that, you must increase the contributions and usually quickly to change that path."
"Having a secure retirement is of paramount value along with the piece of mind it will bring to our current and future members and retirees," Baker says.
Baker and a representative of the California School Administrators spoke at the first in a series of Assembly hearings at the California State Capitol Wednesday.
Based on the current value of the fund's assets, Governor Jerry Brown says the shortfall is actually $80 billion.
Together, employers, employees, and state contributions make up about 40-percent of the Cal STRS pension fund. Investments make up the rest.
Cal STRS will develop funding scenarios for all contributors to add $4.2 billion to the fund this year with an increase every year after that.
California's high school graduation rates rose for the seventh consecutive year according to data released by the state Department of Education.
After Encina Prep was flagged as a failing school, teachers and administrators re-designed the entire school day around a model known as Advocacy. Five years later, teachers say they see a stronger school community. But test scores remain flat.
High school students who are suspended are at greater risk to drop out and they earn less than peers who graduate. Now a study from the University of California looks at the economic costs of suspension.
Bleary-eyed teenagers shuffling to school barely after daybreak could become a thing of the past if a state lawmaker has his way. A new proposal would push back middle and high school start times to at least 8:30 a.m.
What kind of qualities should Sacramento City Unified School District's next leader have? That's one question SCUSD is posing to the community in a series of town hall meetings starting tonight. A total of seven town halls will be held.