Skip to content
Support your local source for news and music...
and you could win a $500 Apple gift card.
Support CapRadio today and you could win a $500 Apple gift card.
2019 Year-End | Apple
Donate Now

View thank you gift options

Capital Public Radio

Capital Public Radio

signal status listen live donate
listen live donate signal status
listen live donate signal status
  • News
    • beats
    • State Government
    • Environment
    • Health Care
    • Business
    • Arts and Lifestyle
    • Food and Sustainability
    • PolitiFact California
    • California Dream
    • Videos
    • Photos
  • Music
    • genres
    • Classical
    • Jazz
    • Roots
    • Eclectic
    • Videos
    • Daily Playlist
  • Programs + Podcasts
    • news
    • Morning Edition
    • All Things Considered
    • Marketplace
    • Insight with Beth Ruyak
    • The View From Here
    • music
    • Acid Jazz
    • At the Opera
    • Classical Music
    • Connections
    • Excellence in Jazz
    • Hey, Listen!
    • Insight Music
    • K-ZAP on CapRadio
    • Mick Martin's Blues Party
    • Programs A-Z
    • Podcast Directory
  • Schedules
    • News
    • Music
    • ClassicalStream
    • JazzStream
    • Weekly Schedule
    • Daily Playlist
  • Community
    • Events Calendar
    • CapRadio Garden
    • CapRadio Reads
    • CapRadio Travels
    • Ticket Giveaways
  • Support
    • Evergreen Gift
    • One-Time Gift
    • Corporate Support / Underwriting
    • Vehicle Donation
    • Stock Gift
    • Legacy Gift
    • Endowment Gift
    • Volunteering
    • Benefits
    • Member FAQ
    • e‑Newsletter
    • Drawing Winners
    • Thank You Gifts
  • About Us
  • Contact Us
  • Close Menu
 We Get Support From:
Become a Supporter 
 We Get Support From:
Become a Supporter 
  • State Government
  •  

Districts Cite Financial Concerns As Brown Signs CalSTRS Budget Bill

  •  Ben Adler 
Tuesday, June 24, 2014 | Sacramento, CA | Permalink
Listen
/
Update RequiredTo play audio, update browser or Flash plugin.
Andrew Nixon / Capital Public Radio
 

Andrew Nixon / Capital Public Radio

California Governor Jerry Brown has signed a crucial piece of the new state budget into law that’s intended to stabilize the California State Teachers Retirement System, but school districts are nervous about their increasing costs.

There’s been little disagreement that something should be done about CalSTRS’ $75 billion unfunded liability. The question has always been, what? The budget deal negotiated by the governor and Democratic legislative leaders relies on increased contributions from three entities: individual teachers, school districts, and the state. Each party will send CalSTRS a little more money this year, with contributions rising in future years.

“Teachers are entitled to – and deserve – to have pensions that are solvent,” says California School Boards Association President Josephine Lucey, a member of the Cupertino Unified School District board. But she says districts shouldn’t have to shoulder more of the burden than teachers or the state.

“The amount of money, though, that school districts themselves are being asked to pay, and the last-minute – particular this year – amount, is really a challenge for many, many districts,” Lucey says.

School district contributions will rise from the current 8.25 percent of payroll to 19.1 percent over the next seven years.

    Related Stories

  • Andrew Nixon / Capital Public Radio

    California Teacher Pension Changes May Need Fix

    Wednesday, February 3, 2016
    (AP) - California's nonpartisan legislative analyst is recommending that state lawmakers consider changing a plan they adopted two years ago to stabilize the finances of the state's teacher pension system.

 cabudget2014capitol

Ben Adler

Capitol Bureau Chief

Capitol Bureau Chief Ben Adler first became a public radio listener in the car on his way to preschool – though not necessarily by choice. Now, he leads Capital Public Radio’s state Capitol coverage, which airs on NPR stations across California.  Read Full Bio 

 @adlerben Email Ben Adler

Comments

Sign up for ReCap

and never miss the top stories

Delivered to your inbox every Wednesday.

Check out a sample ReCap newsletter.

More State Government Stories

Andrew Nixon / Capital Public Radio

California Legislature Won't Disclose Latest Sexual Harassment Complaint Data

December 3, 2019

Most Viewed

What's The Best Way To Help Homeless Sacramento Residents? Here's What They Say.

Ceres Pays $4.1 Million To Settle Two Fatal Shooting Lawsuits Involving The Same Officer

PG&E Withheld Information About Medically At-Risk Customers Ahead Of Major Power Shutoff

California Legislature Won't Disclose Latest Sexual Harassment Complaint Data

Placer County To Inspect Carbon Monoxide Alarms In Short-Term Rentals After Close Call In Tahoe

We Get Support From:
Become a Supporter

Most Viewed

What's The Best Way To Help Homeless Sacramento Residents? Here's What They Say.

Ceres Pays $4.1 Million To Settle Two Fatal Shooting Lawsuits Involving The Same Officer

PG&E Withheld Information About Medically At-Risk Customers Ahead Of Major Power Shutoff

California Legislature Won't Disclose Latest Sexual Harassment Complaint Data

Placer County To Inspect Carbon Monoxide Alarms In Short-Term Rentals After Close Call In Tahoe

Back to Top

  • 7055 Folsom Boulevard
    Sacramento, CA 95826-2625

    • (916) 278-8900
    • Toll-free (877) 480-5900
    • Email Us
    • Submit a News Tip
  • Contact Us

  • About Us

    • Contact Us / Feedback
    • Coverage
    • Directions
    • Jobs & Internships
    • Mission / Vision / Core Values
    • Press
    • Staff Directory
    • Board of Directors
  • Listening Options

    • Mobile App
    • On Air Schedules
    • Playlist
    • Podcasts
    • RSS
  • Connect With Us

    •  Facebook
    •  Twitter
    •  Instagram
    •  YouTube
  • Donate

  • Listen

  • Recap Newsletter

Capital Public Radio stations are licensed to California State University, Sacramento. © 2019, Capital Public Radio. All Rights Reserved. Privacy Policy | Website Feedback FCC Public Files: KXJZ KKTO KUOP KQNC KXPR KXSR KXJS. For assistance accessing our public files, please call 916-278-8900 or email us.