Analyst: California Teacher Pension Reform May Not Save State Anything

SACRAMENTO, Calif. (AP) – State lawmakers should consider changing a plan they adopted two years ago to stabilize the finances of California’s teacher pension system, the nonpartisan Legislative Analyst’s Office said Tuesday.
There’s a good chance the state will pay no more than it would have if the reforms were never adopted, the analyst’s report found. That outcome would fall short of the Legislature’s intent to require that the state, school districts and t