Introduced
by
To require charter schools to contribute to the cost of paying down the state-run school pension system's unfunded liabilities, even though their employees do not receive retirement benefits from the system. The bill would also change the formula for assessing school district pension contribution levels, from one based on payroll to one based on a combination of payroll plus “purchased services.” This could raise pension contribution levies on school districts that have outsourced non-core services to private companies whose workers are not enrolled in the pension system.
Referred to the Committee on Financial Liability Reform
