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SACRAMENTO – Taking action to reduce California’s long-term fiscal liabilities, Gov. Edmund G. Brown Jr. on Tuesday signed AB 1469, which fully funds – over a period of years – the teachers’ retirement system through annual contributions of school districts, teachers and state government.
“This bill will ensure a decent retirement for hundreds of thousands of teachers, both now and for decades to come,” said Gov. Brown.
Before this bill, the California State Teachers' Retirement System (CalSTRS) was only 67 percent funded and would have run out of money in 33 years.
Under the legislation, authored by Assemblymember Rob Bonta (D-Alameda), the first year’s contributions from teachers, schools and the state total approximately $276 million, growing in subsequent years to more than $5 billion annually. This is projected to eliminate the unfunded liability in the system by 2046.
“Our dedicated teachers work tirelessly to prepare our kids for college and career, and they deserve stability in their pension system,” said Senate President pro Tem Darrell Steinberg. “This shared responsibility between the state, teachers and school districts is a necessary step towards assuring the fund’s integrity, and will lift a huge burden from the state’s long term financial responsibility.”
“In January, Assembly Democrats made clear that kicking the CalSTRS underfunding can down the road had to stop, and that a comprehensive, solution needed to be approved this year,” said Assembly Speaker Toni Atkins. “With today’s signature by the governor, CalSTRS escapes the downward spiral to insolvency and is now on a solid path to full funding. This shared solution, with the state, school districts, and teachers all contributing, provides greater retirement security to our dedicated teachers and more budget certainty to the state and our school districts.”
“As chair of the Committee on Public Employees, Retirement and Social Security, I was proud to engage in a comprehensive effort with both houses of the Legislature and the Governor to address the CalSTRS' $74 billion shortfall,” said Assemblymember Bonta. “AB 1469 puts CalSTRS on a course to fulfill the commitments the State has made to California’s educators for the invaluable service they provide to our students. Enacting this plan would not have been possible without the supportive participation of the leadership of both houses and the progressive vision of Governor Brown.”
“Recognition of CalSTRS’ financial stability as a priority demonstrates the Governor’s leadership and commitment to a sustainable retirement system for California’s educators,” said Harry Keiley, Chair of the Teachers’ Retirement Board. “This historic legislation allows CalSTRS to embrace its future with confidence and optimism knowing that a sound funding plan is firmly in place.”
The bill was included in the 2014-15 state budget, which the governor signed in San Diego last week.
The budget directs $1.6 billion into the state Rainy Day Fund – the first deposit into the fund since 2007 – and reduces the Wall of Debt by more than $10 billion. Under the budget plan, the Wall of Debt would be completely eliminated by 2017-18.
The bill follows the governor’s call in February for the California Public Employees’ Retirement System (CalPERS) to begin accounting for demographic changes for state employees immediately, with the increased costs fully phased in within three years – instead of pushing the costs off into the future. The CalPERS board adopted the changes sought by the Governor.
In 2012, the governor signed sweeping bipartisan pension reform legislation that saves billions of taxpayer dollars by capping benefits, increasing the retirement age, stopping abusive practices and requiring public employees to pay a larger share of their pension costs.
When Governor Brown took office, the state faced a massive $26.6 billion budget deficit and estimated annual shortfalls of roughly $20 billion. These deficits, built up over a decade, have now been eliminated by a combination of budget cuts, temporary taxes approved by voters and the recovering economy.
For full text of the bill, visit http://leginfo.legislature.ca.gov .
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UPPER LAKE, Calif. – Upper Lake High School has released its second semester honor roll in the 2013-14 school year.
The following students were honored.
Trustee Scholars 4.0 and above:
12th grade: Veronica Becerra-Lopez, Jordin Simons, Ian Seevers, Ashley Matta and Christian McMilin.
11th grade: Janee Swaney.
Principal’s Honor Roll 3.0 to 3.99:
12th grade: Leslee Bermudez, Byron Garcia, Robin Heiartz-Martin, Morgan Lucas, Savannah Koppenhaver, Yamileth Plata, Marcella Stifter, Cheyenne Callaway, Mohammed Hussain, Megan Wold, Nicholas Bills, Brittany Benner, Danielle Donohue, Mara Hesterberg, Savanah Fecht, Anthony Brackett, Gabriel Ramos, Anthony Arroyo, Monicka Diaz, Brittany Sheets, Mikala Maugeri, Jamie Maddock, Sierra Mills, Samantha Hansen, James Duarte, Jeremiah Swaney, Ryan Stokes-Kitchens, Montgomery Herman, Emma August, Joseph Moore, Michael Hickey and Gregory Gagnon.
11th grade: Lyla Seevers, Steven Harrington, Farhad Hussain, Ashley Chilton, Fernando Mendoza, Amanda Gaylor, Phoebe Clifton, Ryan Carr, Benjamin Calkins, Heather Hankins, Ellisia Castro Ibey, Tyler Peters, Lashaye Pearl Taylor, Bianca Cruz, Amber Drake, Jay Michael, Hannah Johnson, Spring Moore, Shirley Murguia, Jeremy Doss, Macy Harnden, Juan Ruiz Olguin, Bradley Dale and Ashley Moran.
10th grade: Kaylee O’Bryant, Ashley Clarke, Jessica Mooney, Mercedes De Los Santos, Zachary Sneathen, Collin McVey, Wroehnyn Milks, David Becerra Lopez, Katie Foster, Cole Miller, Santos Obedoza, Autum Martinez, Anthony Percival, Matthew Willard, Chase Goetjen, Patrick Dever and Thomas Byerly.
Ninth grade: Miranda Huntley, Megan Franco, Haley Sheets, Haley Hunter, Dakota Fugate, Angel Stith, Emily Dunn, Jasmine Sparks, Chelsie Valdez, Salvador Sanchez, Kejhana Taylor, Isabel Rorabaugh, JayCee Roberts, Valeria Robles, Alejandro Sanchez, Rhianna Eby and Brianna Tartaro.
Dean’s List 2.0 to 2.99:
12th grade: Alex Orth-Wright, Timmy Diggs, Gabriel Anderson, Andrew Rich, Dane Canavarro, Ashton Hicks, Charles Martinez, Andrew Brazil. Leonardo Saldana, Connor Burgess, Taato Hernandez, Thomas Santana-Alfaro, Charlie Landa, Juan Rojas, Wesley Thaxton and Francisco Gallardo.
11th grade: Brandon Fried, Arthur Wilkie, Olivia Cox, Michael DiAndrea, Theresa Lopez, Janice Chandler, Zachary McQueen, Taylor Coleman, Abel Serrano Johnson, Skylar Orozco, Nicholas Kranich, Sierra Fugate, Jason Benner, Tyler Banks, Sheyla Ayala, Kaysea Murphey, Kayla Castillo, Patience Schumack, Alexis Vega, Derek DiAndrea, Baby Quintero, Joleca Augustine, Nicholas McLean Stith, Crystal Beavers, Michael Petz and Indio Drapeau.
10th grade: Jessica Arroyo, James Heryford, Edgar Valencia, Maria Mendoza, Alexander Durbin, Desiree Knight, Angel Sanchez, Kristen King, Abigail Williams, Caleb Henry and Steven Diaz.
Ninth grade: Nicholas Newcomb, Oh’shinnah Bluewolf, Chase Clark, Cristal Nieves Renteria, Anthony Serrano, Angelina Godinez, Emilyann Heiartz Martin, James Derr, Christopher Bills, Natalie Karlsson, Crystal Carroll, Jazlyn Bonilla, William Santos, Kevin Bermudez-Jacuinde, Liliana Roman Ibey, Amber Robertson, William Snow, Francisco Gregorio Flores, Timothy Beffa and Isaiah Garcia.
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LAKE COUNTY, Calif. – The Lake County Office of Education Clearlake office has partnered with McGraw Hill to participate in a field study.
Adult participants can earn a $100 Visa/Master Card gift card for taking a battery of five computer-based tests in math, reading, writing, social science and science, plus an extra $40 for an essay.
Complete the battery of tests and get paid regardless of your scores, however the results must prove that you showed reasonable effort. Gift cards will be mailed once results are verified.
Current sophomores, juniors and seniors also may participate in a field study for $40. Please bring student ID.
Sessions are available Tuesday, Wednesday and Thursday through the month of July starting at 8:30 a.m.
Testing will take place at the Lake County Office of Education Clearlake office located at 14092 Lakeshore Drive.
Please reserve a spot by calling 707-994-9001 or emailing Tammy Serpa at
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KELSEYVILLE, Calif. – Culinary Summer Camp will take place at Kelseyville High School on Monday, July 7, and Tuesday, July 8.
The camp will be held from 9 a.m. to noon both days.
Experience the art of baking and learn proper knife techniques through hands-on learning.
Students must be going into the seventh grade or above.
It is open to students in any district and is offered free of charge.
To register go to http://www.lakecoe.org/departments/program_subpages/rop_in_lake_county/559 or call 707-994-9001.
This program is offered through the Lake County Office of Education, Career and College Readiness Department.
The goal of the camp series is to expose students to a variety of careers while learning in a fun and energetic environment.