As the Legislature voted and the Governor signed the state budget, we received lots of questions from members about the pension changes it includes.
I want to be completely clear and assure our members: The pension provisions of the budget do not apply to CalSTRS.
The pension changes in the budget deal affect future state employees.
CalSTRS core benefits of existing members are a legal contract with the State of California and are protected by constitutional law.
So, to our active and retired educators: Your pension is secure.