K thru 12 Education
6300 Teachers Retirement System Contributions

The state General Fund makes annual payments to the State Teachers' Retirement System in order to reduce the retirement contribution burden on members and school districts.

Effective July 1, 2003, the annual General Fund contribution to the California State Teachers' Retirement System (CalSTRS) is based on 2.017 percent of the members' credible earnings of the fiscal year ending in the immediately preceding calendar year. Current law also provides for an additional state contribution when the State Teachers' Retirement Fund has a normal cost deficit or unfunded obligation for benefits in place on July 1, 1990. More.....

EXPENDITURES Back to Top
The following table presents total enacted fiscal year positions and expenditures. These expenditures include all funding sources that support the state department's programs.
Expenditures Enacted
2007-08*
Positions
Dollars
Totals, Positions and Expenditures (excluding Infrastructure)
-
$1,122,917
    Infrastructure
-
-
Totals, Positions and All Expenditures
-
$1,122,917

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents enacted state fund expenditure amounts for the fiscal year by General Fund, special funds, and selected bond funds.
Expenditures Enacted
2007-08*
General Fund
$1,122,917
Special Funds
-
Selected Bond Funds
-
Totals, State Funds
$1,122,917