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The state's public school system and its employees would never be the same. By 1995, California plummeted from fifth in the country to 40th in school spending. Classified employees, who had finally gotten a piece of the pie through collective bargaining, found that there just wasn't much to go around.
This is a list of closed secondary schools in California. There was a noticeable increase in closures starting about 1979, [ 1 ] [ 2 ] [ 3 ] the year following the passage of Proposition 13 . A change in funding changed the financial situation for these school districts. [ 4 ]
During the same school year, it had 24,769 teachers and 49,231 other employees. [3] It is the second largest employer in Los Angeles County after the county government. [4] The school district's budget for the 2021–2022 school year was $10.7 billion, increasing to $12.6 billion for the 2022–2023 school year. [3]
The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South Coast Air Quality Management District). [3]
Until the shutdown ends, employees that are not required to work are furloughed, OPM said. Being furloughed means that employees are placed in a non-pay or a nonduty status, the government agency ...
The U.S. central bank is expected to cut interest rates by 25 basis points, the third reduction in borrowing costs since it started its monetary policy easing cycle in September.
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".
why would the government shut down? The president-elect is also urging lawmakers to approve more government borrowing by addressing the nation's debt ceiling before he takes office on Jan. 20.