K thru 12 Education
6300 Teachers Retirement System Contributions

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

Effective July 1, 2003, the annual General Fund contribution to the CalSTRS Defined Benefit Program is based on 2.017 percent of the members' creditable 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.....

PROGRAMS Back to Top
The following table presents total proposed budget year personnel years and expenditures for each budgeted program area. These expenditures include all funding sources that support the state agency's programs.
Code Program
 Proposed
2012-13*
Personnel
Years
Dollars
10 Benefits Funding
-
$717,210
20 Supplemental Benefits Maintenance
-
584,107
30 SBMA Interest Payment
-
56,980
Totals, Personnel Years and Expenditures (excluding Infrastructure)
-
$1,358,297
 
 Infrastructure Expenditures
-
-
Totals, Personnel Years and All Expenditures
0.0
$1,358,297

Refer to the 3-Yr Expenditures & Personnel Years for expenditures, personnel years, and funding detail.
PRINTABLE BUDGET DOCUMENTS Back to Top
The following identifies budget documents for this state agency that are available in a printable (pdf) format.

Entire Teachers Retirement System Contributions Budget (pdf * - 6K) in pdf format.
This document provides a printable format (pdf) of all budget information for this state agency. Note: Along with other information, this document includes the documents listed below.

 Detail of Appropriations and Adjustments ONLY (pdf * - 2K)
This document provides a printable format (pdf) of only the detail of appropriations and adjustments for this state agency.

ADDITIONAL INFORMATION Back to Top
Legal Citations and Authority
Includes the legal citations (state statutes, federal statutes, and court orders) for operation of department programs and activities.