Pensions

The nation’s second-largest school system has enjoyed a major infusion of funding since the bone-deep cuts it endured during the recession. But in coming years, school officials project growth in employee pension and healthcare costs will eclipse the change in revenue.

California Assembly seeks to limit University of California from giving workers 401(k)-style retirement plans.

We answer your pension questions about California legislators, University of California retirees, and more.

"We don't know how we're going to operate," one city official says.

In the past year, CALmatters, Capital Public Radio and the Los Angeles Times have partnered to examine the history of the state’s pension woes and how key decisions to boost public workers’ benefits without setting aside extra money to pay for them have threatened the bottom lines for universities as well as state and local governments. Now, we’re turning our attention to schools.

As parents and students start writing checks for the first in-state tuition hike in seven years at the University of California, they hope the extra money will buy a better education.

In the past year, CALmatters, Capital Public Radio and the Los Angeles Times have partnered to examine the history of the state’s pension woes and how key decisions to boost public workers’ benefits without setting aside extra money to pay for them have threatened the bottom lines for universities as well as state and local governments. Now, we’re turning our attention to schools.

As Sacramento kicks off its yearly scramble to pass a state budget, lawmakers have yet to agree whether one controversial provision will make the cut: an untested $6 billion scheme that the governor says could save the state billions more but that some analysts warn has received too little scrutiny. As part of his revised […]

More than 20 times in the last 15 years, political leaders looking to control California’s fast-growing public pension costs have tried to put reform initiatives before the voters. None of the proposals has made it onto the ballot.