In his 2022-23 state budget, Gov. Gavin Newsom proposes increasing the Local Control Funding Formula, the source of about 80% of school districts’ general funding, by $3.3 billion. While a healthy ...
Interest rate hikes the Federal Reserve announced Wednesday come with a modest upside for public pension funds such as CalPERS and CalSTRS. The Federal Reserve raised its key interest rate by a ...
The California State Teachers’ Retirement System announced Tuesday that the state’s pension fund outperformed anticipated returns, ending the year with a total value of $341.4 billion. CalSTRS said ...
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