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CalSTRS.com. The California State Teachers' Retirement System ( CalSTRS) provides retirement, disability and survivor benefits for California's 965,000 prekindergarten through community college educators and their families. [1] CalSTRS was established by law in 1913 and is part of the State of California's Government Operations Agency.
The 2022 University of California academic workers' strike was a labor strike at all campuses of the University of California (UC) system, including the Lawrence Berkeley National Laboratory. On November 14, some 48,000 academic workers went on strike for better pay and benefits. [1] Led by the United Auto Workers (UAW) labor union, it was the ...
calpers.ca.gov. The California Public Employees' Retirement System ( CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". [1] [3] In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, [4 ...
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Christopher Ailman, chief investment officer at the California State Teachers’ Retirement System, will retire at the end of June. Ailman joined CalSTRS as CIO in October 2000.
As of Friday, Bonilla said the salary that the district proposed is 9% below the expected inflation rate over the four-year period between 2022 to 2026, the time period the union wants a new ...
In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000.
May 10, 2024 at 2:40 PM. SACRAMENTO, Calif. (AP) — California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing cutting 10,000 ...