CalPERS Projects State, School Pension Costs Will Decline
Pension costs for California government and school district employees are projected to decline by $102.8 billion in fiscal year 2013-2014, according to a new CalPERS report. Meanwhile, the report estimates that total state pension contributions will decline by $71.3 million to about $3.81 billion.
- "CalPERS Report: State, Schools Pension Costs Will Dip Next Year" (Ortiz, "The State Worker," Sacramento Bee, 6/6).