K thru 12 Education
6300 Teachers Retirement System Contributions

The state makes General Fund payments to the California State Teachers' Retirement System (CalSTRS).

Effective July 1, 2003, the annual General Fund contribution to the CalSTRS Defined Benefit Program is based on 2.017 percent of 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 Teachers' Retirement Fund has a normal cost deficit or unfunded obligation for benefits that were in place on July 1, 1990. This contribution is 0. 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
2014-15*
Positions
Dollars
Totals, Positions and Expenditures (excluding Infrastructure)
-
$1,486,004
    Infrastructure
-
-
Totals, Positions and All Expenditures
-
$1,486,004

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
2014-15*
General Fund
$1,486,004
Special Funds
-
Selected Bond Funds
-
Totals, State Funds
$1,486,004