The State Worker

Chronicling civil-service life for California state workers

June 6, 2013
CalPERS report: State, schools pension costs will dip next year

Thumbnail image for CALPERS_COURTYARD_JAY_MATHER_2005.JPGA new CalPERS staff report says that pension costs for California state government and school district employees will fall by a combined $102.8 million for the coming fiscal year.

Overall state contributions will fall $71.3 million to approximately $3.81 billion in fiscal 2013-14, according to actuarial estimates prepared for CalPERS' June 18 board meeting. School districts will pay $4.98 billion for pensions, down $31.5 million from this year.

Actuaries anticipate pension costs will dip next year due to a combination of factors, including slower-than-expected salary and payroll growth and higher out-of-pocket contributions from employees under pension law that took effect Jan. 1.

The 2013-14 employer rates will kick in July 1, assuming the fund's board approves them.

CalPERS Estimated State and School Pension Rates for 2013-14 by jon_ortiz

PHOTO CREDIT: CalPERS headquarters. Jay Mather/Sacramento Bee 2005

On October 14, The Sacramento Bee will temporarily remove commenting from While we design the upgrade, we encourage you to tell us what you like and don't like about commenting on 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


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.


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