Posts Tagged: seven years

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Newsom boosts pension-cost relief for schools

Near the entrance to the CalSTRS building in West Sacramento. (Photo: ZiKG, via Shutterstock)

School districts would get more pension cost relief under a revised state budget proposed last week by Gov. Newsom. The governor’s $700 million plan to lower scheool pension costs during the last two years of a seven-year CalSTRS rate increase would get an additional $150 million, if approved by the Legislature.

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