Over the last several years, the California Courts of Appeal have addressed questions regarding the California State Teachers’ Retirement System’s (CalSTRS) ability to collect overpayments of monthly retirement benefits paid to retirees because of, among other things, miscalculations of the retirees’ compensation earnable. A Court of Appeal handed down the most recent case, Blaser v.
AB 1469’s Newly Enacted Fix For CalSTRS Unfunded Liability Means Increased Contribution Rates for Employers, Employees, and the State
This blog post is authored by Michael Youril
Every employer who has employees covered by the California State Teachers’ Retirement System (“CalSTRS”) is aware of the massive funding gap for the CalSTRS pension fund, and the need to stabilize funding for CalSTRS before the pension fund goes broke. At this time, the CalSTRS Defined Benefit
CalSTRS Limits Administrative Positions It Will Enroll
This post was authored by Mary Dowell
On April 23rd our community college clients received a Legal Advisory from the State Chancellor’s Office which should be of concern to all public school and community college districts. It informed the community college Human Resources Officers about a decision by CalSTRS after an audit of City College
The California Public Employees Pension Reform Act Of 2013 Will Be Addressed By The Legislature Tomorrow
This guest post was authored by Alison Neufeld
Public sector pension reform has been a hot topic for months. But despite the public focus on the Governor’s 12-Point Pension Reform Plan, voter initiatives, charter amendments, litigation and bankruptcies fueled by unfunded pension liabilities, time seemed to be running out for pension reform during the current