Submitted by paceadmin on Wed, 03/20/2019 - 17:00

California school expenses for employee pensions on average doubled to about $1,000 per student over the past four years according to newly released state data. Those increases will continue to rise for two more years. The Legislature mandated the increases, partly to make up for the sharp decline in the value of the pension funds for school employees and other public workers during the Great Recession in 2008.