California' legislature recently approved a onetime payment of $1 billion for the state's school districts. However, it won't translate into a real increase in district budgets since those funds are hardly enough to cover burgeoning pension costs.
New Jersey's public employee pension fund faces a fiscal crisis. The candidates for Governor need to put forth serious plans to address the state's pension woes should they win election. Each candidate's plans have some strong features. However, they best solution would take elements from each.
Judge recently dismissed CPS's lawsuit claiming the state funds schools inequitably and operates an inequitable pension system. As a a result, the district once again faces serious finance troubles and Gov. Rauner is withholding $215 million for CPS until the legislature enacts pension reforms.