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Koedel, Cory; Gassmann, Gabriel E. – Policy Analysis for California Education, PACE, 2018
The California State Teachers' Retirement System (CalSTRS) is in the midst of phasing in substantial increases in the contributions made by teachers, school districts, and the state of California. The phase-in period began in 2014-15. In the year prior, 2013-14, the total statutory contribution rate to CalSTRS from all parties was 18.3 percent of…
Descriptors: Public Schools, Teacher Retirement, Retirement Benefits, State Policy
Lafferty, Michael B. – Thomas B. Fordham Institute, 2011
When it comes to public-sector pensions, writes lead author Michael B. Lafferty in this report, "A major public-policy (and public-finance) problem has been defined and measured, debated and deliberated, but not yet solved. Except where it has been." As recounted in "Halting a Runaway Train: Reforming Teacher Pensions for the 21st…
Descriptors: Retirement Benefits, Teacher Retirement, Public School Teachers, Government Employees