The State Worker

Chronicling civil-service life for California state workers

May 19, 2011
Column Extra: The $410 million pension contribution swing

With just 400 to 450 words for our weekly State Worker column, most of what we learn each week never sees print. Column Extras give you some of the notes, the quotes and the observations that inform what's published.

Our column in today's Bee notes that the state's employer pension contribution for fiscal 2011-12 will run about $410 million less that it would have been without the higher employee contributions negotiated first by former Gov. Arnold Schwarzenegger and then continued in contract agreements negotiated by Gov. Jerry Brown.

What follows are CalPERS' actuarial estimates that show the exact figures. Note: The report was printed before Gov. Jerry Brown signed the measure with the last six contracts into law this week, so the third column, "With Increase in Member Contributions for All Agreements (Includes those not Ratified Yet)" actually includes the estimates of those newly-ratified deals:

110519 CalPERS contribution table.jpg

On October 14, The Sacramento Bee will temporarily remove commenting from sacbee.com. While we design the upgrade, we encourage you to tell us what you like and don't like about commenting on sacbee.com and other websites. We've heard from hundreds of you already and we're listening. Please continue to add your thoughts and questions here. We also encourage you to write Letters to the Editor on this and other topics.



About The State Worker

Jon Ortiz The Author

Jon Ortiz launched The State Worker blog and a companion column in 2008 to cover state government from the perspective of California government employees. Every day he filters the news through a single question: "What does this mean for state workers?" Join Ortiz for updates and debate on state pay, benefits, pensions, contracts and jobs. Contact him at (916) 321-1043 and at jortiz@sacbee.com.

FOLLOW US ON FACEBOOK

Now on the State Worker column

State Pay Database

This database allows you to search the salaries of California's 300,000-plus state workers and view up to four years of their pay history.

Categories


October 2013

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

Monthly Archives